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BusinessWeek Mindanao (May 31 - June 1, 2016)

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BusinessWeek MINDANAO

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YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 144

Market Indicators As of 5:41 pm May 31, 2016 (tuesday)

FOREX

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5.1

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points

Moral recovery SEVENTY One employees of the Department of Labor and Employment, Regional Office No. 10 (DOLE-10) attended the annual Moral Recovery Program Levels 7 and 8 about “Pagsisinop at Pag-iingat sa Puso,” on 17-19 May 2016 in Mambajao, Camiguin. Spouses, Gaines Marie G. Rosario, guest speakers from the Lay Formation Center (Layforce), the formation arm of the Archdiocese of Manila, encourages the participants to develop their stewardship skills, and equip them with an effective tool in managing people. “To date, there is an overflow of information in the head; but not enough formation of the heart. Layforce Programs effectively employ the Theology of the Heart in touching the life of every participant - (Formation). And, we hope to achieve a balance between the heart and the mind thereby encouraging the participants to live-out their learnings and experiences shared - (Transformation),” Rosario said.

School fund THE Budget department has released P500 million to fund the construction of new public schools in Mindanao to cater to students from indigenous communities. In a statement, the Department of Budget and Management (DBM) said it disbursed the funds to the Education department to finance the building of 605 classrooms across 251 sites in the Southern Philippines. Specifically, the new schools are targeted to cater to 23 indigenous peoples’ communities based in the provinces of Zamboanga del Sur, Zamboanga del Norte, Zamboanga Sibugay, Bukidnon, Misamis Oriental, Lanao del Norte, Compostela Valley, Davao del Norte, Davao del Sur, Davao Oriental, Sarangani, South Cotabato, Sultan Kudarat, North Cotabato, Agusan del Sur, Surigao del Norte, Surigao del Sur, and Agusan del Norte.

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Business leaders seek new roadmap for agri www.businessweekmindanao.com

Tue-Wed | May 31 - June 1, 2016

By CARMELITO Q. FRANCISCO, Correspondent

T

HE business sector in Mindanao is looking forward to the agricultural roadmap that will be drafted by the administration of incoming president Rodrigo R. Duterte, and is hopeful that this will address the longstanding problems of access to financing, more research support, and forging peace with the communist insurgency.

FLAG OF INDEPENDENCE. This early, flaglets are displayed at the Ysalina Bridge in Cagayan de Oro City signifying Philippine Independence Day celebration on June 12. Likewise, on June 15, the city will also mark its 66th Charter Day, dubbed as Himugso. PHOTO BY GERRY LEE GORIT

“I believe the plan of Mayor Duterte to come up with a better agricultural policy to help small farmers is what is needed to provide higher income for people in the countryside,” Vicente T. Lao, chair of the Mindanao Business Council (MBC), told BusinessWeek Mindanao. Mr. Lao said the business community believes that roadmap/PAGE 11

Russia seeks stronger economic ties with PH By ANTONIO L. COLINA IV, MindaNews

DAVAO C it y – Ru ss i a has signified its interest to strengthen economic relations and other forms of partnership with the Philippines, its ambassador to the country said after

meeting with presumptive president Rodrigo Duterte on Thursday. Russian Ambassador Igor A. Khovaev told reporters on Wednesday evening at the ties/PAGE 11

Group taps high school students for info drive vs human trafficking By MARK D. FRANCISCO, Staff Writer

THOUSANDS of high school students in Cagayan de Oro City have been tapped by a civic-minded organization to spearhead information dissemination among their peers on how to be wary

against human traffickers. The move of Zonta Club of Cagayan de Oro II comes at a time when 13 Filipinos from Northern Mindanao are currently hiding in Malaysia drive/PAGE 11

DRIVE VS. HUMAN TRAFFICKING. High school students from Capitol University Basic Education Department, MOGCHS-Misamis Oriental General Comprehensive High School, Cagayan de Oro National High School (CDONHS) and The Fischer Valley Academy banded together to map out strategies on how to deter human trafficking which victimizes mostly teenagers. Visayan Forum and Zonta Club of Cagayan de Oro II initiated the training held May 30-31, at the Capitol University. PHOTO BY Mark Francisco

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ARMM pushes for sustainable agribusiness devt approach

M

ARAWI City -The Autonomous Region in Muslim Mindanao (ARMM) is pushing for sustainable agribusiness development through an environmentfriendly land use planning approach. The ARMM, together w it h t he Inter nat iona l Finance Corp. of the World

Bank and the Hineleban Foundation, launched the High Carbon Stock Approach (HCSA) for the region’s major agribusiness projects on May 25, 2016. Lawyer Ishak Mastura, chairman of the ARMM’s Regional Board of Investment (RBOI) and head of the Regional Cabinet Cluster on Economic Growth, said

the HCSA is an approach that would “protect the environment” in large-scale agricultural investments that use vast agricultural lands. “ The High Carbon Stock Approach is about protecting the environment when you invest. You see to it that the environment is not destroyed when you put in big investments like

ENTREPRENEURS residing in San Miguel Corporation - Gawad Kalinga (SMCGK) Village in Barangay Balubal can now use the newly constructed minimarket established by the city government of Cagayan

de Oro. Demosthenes Jarales of the Estate Management Division (EMD) said that they are currently accepting applications from those who want to sell in the market. “Naa’y evaluation nga

himu on kay l isu d man s ab kung t anan na l ang pud mamaligya (There is an evaluation conducted because it is also difficult to have everybody as sellers),” Jarales said. mini-market/PAGE 10

SMC-GK Village mini -market now up for use

banana plantation, palm oil, cacao plantation, all kinds of agricultural investments,” Mastura said. The HCSA is part of the Bangsamoro Sustainable Framework that aims at prom ot i n g s u s t a i n a b l e agricultural investments in ARMM. In the first quarter of 2016, RBOI-ARMM registered a P1.3-billion project of Gintong Ag r i C or p., a company engaged in oil palm plantation development. The region already exceeded its target of P900-million worth of investments for that period. In 2015, the agency registered a total of P6.5 billion, the biggest in

the history of the ARMM. The RBOI-ARMM ap p r o v e d e i g ht m aj o r investment projects in 2015 led by Al-Sahar Agri Ventures Inc., a Cavendish banana plantation in Maguindanao with a P3.7 billion project. It was the largest single investment in the history of the ARMM. Investors, Mastura said, continue to put money in the region because of their trust in the good governance initiatives of the present ARMM administration. Dr. Urooj Malik, Hineleban Foundation chair, said his group is keen in partnering with ARMM’s agencies, the Philippine Business for

Social Progress, and other local and international nongovernmental organizations, among others, in the implementation of the HCSA at ‘landscape scale’ for the Bangsamoro region. “This landscape l e v e l s t r at e g y w i l l b e implemented via use of the HCSA, a methodology that distinguishes forest areas for protection from degraded lands with low carbon and biodiversity values that may be developed,” Malik said. “The methodology aims at ensuring a practical, transparent, robust, and scientifically credible approach that is widely approach/PAGE 11

Claveria Central School Culminates Summer Reading Camp By MARIENELLE P. TAGLE Claveria Central School Teacher

Claveria Central School conducted a twelve day Summer Reading Camp started last May 16 up to May 31, 2016. This is one of the programs of DepEd that address not only to the existing problems on reading deficiencies of the learners and to nurture their love of reading.

D u r i ng t h e re a d i ng c amp, stor y re ading , storytelling, oral reading, problem solving and various games were introduced to the pupils. Through these activities pupils were able to enhance their ability to read, speak, think, learn and cooperate. As the summer reading

c a mp e n d e d n o t o n l y knowledge was developed to the pupils but confidence a s w e l l . Pa r t i c i p a t i n g i n d i f f e r e nt a c t i v i t i e s brought them happiness and enjoyment. DepEd’s Summer Reading Camp is an effective program that gives productive summer to the pupils.

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


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Opinion

Poll cheating aimed vs. INC votes LIFE’S INSPIRATIONS: “… But from everlasting to everlasting the LORD’s love is with those who fear him, and his righteousness with their children’s children--with those who keep his covenant and remember to obey his precepts…” (Psalm 103:17-18, the Holy Bible). -ooo MAY 9 POLL CHEATING IN WHOLE OF RP: So, how are we supposed to react with disclosures that there was massive cheating in Quezon Province to favor Mar Roxas and Leni Robredo? Why, this kind of cheating and manipulation of the results of the May 09, 2016 elections is no longer confined to just one province or one locality. Reports indicate that there was cheating all over the country! Surely, we cannot rely on the National Board of Canvassers to do anything. It is bent on proclaiming the supposed winners in the presidential and vice presidential race, which proclamation shall have already been carried out by the time this column is being read nationally and internationally, even if there is proof of cheating. Then, there is also no hope that the Commission

Oro Chamber

A Bad Teacher Think a Minute … Do you sometimes feel that the only way your kids will listen and obey you is if you get angry with them? We can understand the school teacher who said she hates her job because the only way she can control her class of naughty children is to always be angry with them! Many parents get so tired and frustrated from being angry with their children. But we think our being angry is the only way our kids will take us seriously. But does using anger really work to teach our children well? Imagine you’re driving your car too fast, breaking the speed limit. And a policeman who is not on duty or in uniform sees you. But he has no authority to stop and ticket you. So this policeman gets angry and starts screaming and yelling at you as you speed by. Would you slow down and drive by the rules just because a man by the road is angry and screaming at you? Probably not! So the only thing that man accomplished was to make himself look foolish. But we parents sometimes do the same thing when we use our anger to correct and teach our children. When our kids see us not able to control our own anger, it’s hard for them to truly respect us. Because we expect them to do something we cannot do ourselves. That’s why anger is

THINK

A Minute

Jhan Tiafau Hurst a bad teacher. But when we keep our cool and control our anger each time we correct or discipline our children, we’re teaching our kids well, not only by what we say, but by our example of how controlled and calmly we say it. But you know, even patient, good parents have their limits! And kids sometimes push us past our limits. That’s why we need Jesus Christ to give us His supernatural patience and love every day. Only His kind of will power can help us control our anger, no matter how stressful or maddening our kids get! So friend, won’t you ask Jesus to forgive you for your past mistakes and failures as a parent, and ask Him to take full charge of your heart and character everyday? Because it’s only then we can become the good example and parent our kids need. Just, Think a Minute…

on Elections will act, because, judging from the disclosures of a member of the powerful Iglesia Ni Cristo (INC) from Quezon Province, the order to cheat through the transmission of altered vote results to favor Mar and Leni came from top commission officials themselves! -ooo P O L L C H E AT I N G AIMED VS. INC VOTES: So what can enraged citizens, like the whistleblower from Quezon Province who comes from INC, do? This is now a ver y urgent question, considering that there are strong proofs that the same kind of cheating started in 2010, when computerized voting and counting first began, and then subsisted in 2013, and now in 2016. The cheaters are c o nt i nu i n g w i t h t h e i r shameless manipulation of our elections, because they are of the thought that they could cheat and would not be found out, or that, even if they are caught, as the disclosures from many parts of the country prove, there is nothing that the cheated electorates can do anyway. I believe this was the reason why some candidates for national positions were quite audacious in their

not-so-subtle attempts to discredit the capacity of certain organized groups like the INC to order their members to vote as one come election time. Because these candidates knew they have the capacity to cheat through computers, they had to find ways to justify their cheating, and this they did by making it appear that groups with block-voting capacity, like the INC, have become disunited and divided by internal wrangling, and thus could no longer call on their members to vote for specified choices. -ooo HANG THE CHEATERS! So, once again, I ask, what can we do? File an action to question the results of the voting and counting for the vice presidential position? Seek a temporary restraining order from the Supreme Court? Or, since these legal remedies would take some time, simply hang the cheaters and their cohorts right away, pursuant to the “swift justice” style of the famous Davao Death Squad (DDS)? I know this last suggestion is outlandish, and would be frowned upon by so-called human rights advocates in our midst. But is it not a fact

K akampi

Mo A ng Batas

Atty. Batas Mauricio that our right of suffrage, or the right to elect our officials and the right to be governed by those whom we really voted for, is a right equal to, or much more than, human rights of criminals? What do you say, President Duterte? -ooo PLEASE WATCH OR L I S T E N : “ Ta m b a l a n g Batas at Somintac”, a newscommentary radio program, aired at DZEC 1062 kHz and other R adyo Agila provincial stations, at http:// www.eaglebroadcasting. net/radyoagila and at www. youtube.com (type DZEC Radyo Agila Tambalang Batas at Somintac 1062 Live), 6 to 7 in the morning, Philippine time. Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: batasmauricio@ yahoo.com.

Bearing and conquering

Member: Philippine Press Institute

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If we want to be faithful to Christ, we should expect all kinds of suffering, especially that of misunderstanding and persecution. And sometimes, we can even suffer at the hands of our own people. We s h o u l d n o t b e surprised by this eventuality. We just have to be ready for it. We also should strengthen our conviction that all this suffering will be worthwhile because divine justice, always with mercy, will always come our way sooner or later. In the gospel, many are the references that point to this phenomenon. “In the world you shall have tribulation,” Christ warned, “but be of good cheer, I have overcome the world.” (Jn 16,33) More pointedly, Christ also said, “a time is coming when anyone who kills you will think he is offering service to God.” (Jn 16,2) Yes, things can be that bad. In the gospel of St. Mark we are told about a parable (Mk 12,1-12) where a man planted a vineyard and leased it to tenant farmers. The servants whom he sent to collect his portion of the harvest were treated badly and some were even killed. Finally, he sent his son, thinking that the tenants would respect the boy. But they also killed him. The servants and the son are a picture of those

who work for Christ. That’s actually all of us, since we all ought to work for Christ. But precisely because of the message we have to spread and live by, and the resistance of the world, we can expect misunderstanding, persecution and even martyrdom to come our way too. We have to learn to be thoroughly patient, bearing all things that can come to us, as St. Paul once described charity. But let’s also remember that charity can also conquer all things. Charity is not just bearing all the time, but also conquering all the time. I would say that the bearing part of charity would seem to have the last word in our life that is going to be full of suffering. But it’s actually conquering. Just as Christ bore all the sins of men by dying on the cross, he eventually conquered with his resurrection. This divine paradigm of our own redemption should be clear in our mind. In our earthly sojourn, there would be many instances that we have to bear all the misunderstanding and persecution we can encounter in life. But we should not be remiss of our duty, out of charity also, to conquer, not only in the last moment, but also along the way. This conquering can be

done in terms of making corrections on people who are in error. The way to do these corrections would, of course, vary depending on the circumstances of the case. Yes, it’s true that we have to bear and be patient with everyone all the time, but it would not be right if we do not make corrections or suggestions or mere proclamations and reminders of truths when both the need and the opportunity come. In fact, we should not just wait for the opportunity to come. Somehow we have to look for them, or even make them come. Bearing and patience would be false if they are not accompanied by acts of conquest. We are somehow n ot i c i n g t h i s an om a l y around when people just prefer to be patient, actually doing nothing, without making any effort to make some corrections or suggestions, proclamations and reminders. The gospel warns us about the danger of what is known as human respect. This is the fear to correct someone who is in error for a variety of false reasonsbecause he is a friend, or a superior, or a disagreeable person. Or it can be that we play favorites and treat different persons differently in an unfair manner. The different

HINTS

and

Traces

Fr. Roy Cimagala translations of the Bible refer to this attitude as “partiality” or “favoritism” or “respect of persons.” (cfr. Rom 2,11; Act 20,34) Yes, we have to bear and be patient, but we also should not run away from the opportunities when we have to speak up and even complicate our life out of true love for God and for souls. When Peter and John were commanded not to speak of Christ, they just boldly said: “Whether it is right in the sight of God to listen to you rather than to God, you must judge. But we cannot but speak of what we have seen and heard.” (Acts 4,19-20) They and many other holy men preferred to suffer, even to the point of martyrdom, rather than to keep quiet and fail to proclaim or correct those who need to be corrected. roycimagala@ gmail.com.

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CorporateWorld

Megaworld to build more office towers in Davao to provide 100,000 jobs MEGAWORLD, the country’s largest office developer, will build two more office towers in the 11-hectare Davao Park District in Lanang, Davao City. To be named ‘One Republic Plaza’ and ‘Emperador House’, the office towers will provide an additional 30,000 square meters of office spaces, bringing the total office inventory in Davao Park District to around 50,000 square meters to date. “This is just the start of our expansion of office offerings. Being one of the top BPO (business process outsourcing) destinations in the country, we see an upward tick in the demand for office spaces in Davao City in the next three years. Megaworld is committed to respond to this demand so companies will not think twice of locating here,” said Megaworld senior

vice president Jericho P. Go. Megaworld is the country’s biggest lessor of office spaces today, with an inventory of around 800,000 square meters all over the country. The company also has the most number of companies in its roster of existing clients for office spaces at 130, most of which are information technology and business process outsourcing (ITBPO) companies. By 2020, total direct and indirect jobs that will be generated in the township alone will reach 100,000. Aside from the expansion of it s of f ic e p or t folio, Megaworld is also building a retail row and shophouses around the township. A plan to put up a hospital and a school is also underway. At present, three towers of the residential condominium megaworld/PAGE 10

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PLDT, Globe to buy SanMig’s valuable 700 MHz frequency THE country’s telco duopoly – Philippine Long Distance Telephone Co. and Globe Telecom – further enhanced their dominant position with the acquisition of San Miguel C orp’s valuable 700-megahertz spectrum, a frequency that covers more ground and penetrates indoors. In a disclosure, PLDT said the deal involves buying half of Vega Telecom, SMC’s holding company for its telco assets, for P69 billion. The company’s other half will be taken up by Globe. “This transaction offers a breakthrough opportunity, not only for the companies involved but also for the industry and the country. This will enable existing operators to provide significantly

improved Internet and data services to the public and to our customers in the shortest possible time,” PLDT CEO Manny V. Pangilinan said in a statement. “At the same time, it leaves the door open for new entrants into the industry. Taken together, this will enable the industr y to better support the country’s development efforts — especially significant with the onset of a new government,” added Pangilinan. PLDT said the acquisition will also add another $100 million to their capital expenditures this year and next. “The acquisition will provide significant benefits to PLDT, Smart, TNT, and Sun Cellular customers; further

improve Internet and data services for the public; and speed up the country’s overall development efforts,” the company said. To still make space for the potential entry of a third player, PLDT said the deal also involves Vega Telecom returning to the National Te l e c o m m u n i c a t i o n s Commission certain radio frequencies 700 MHz, 850 MHz, 2500 MHz, and 3500 MHz. Better internet in 6 months Pang i l i nan s ai d t he public would experience improved Internet services within six months, though he acknowledged that several other factors also have to be reckoned with to attain this goal.

“I think within six months, that much we can promise,” Pangilinan replied when asked for a timeline during a press conference at the Ramon Cojuangco Building in Makati City. PLDT and Globe will j o i n t l y m a n a g e Ve g a Telecom after purchasing the company, as well as Bow Arken Holdings Company (the parent company of New Century Telecoms, Inc) and Brightshare Holdings, Inc (the parent company of eTelco, Inc). Ve g a Te l e c o m’s 700-megahertz radio frequency will help “bridge the digital divide in the country and create more opportunities to utilize digital technologies to promote rural buy/PAGE 10

Alsons plans capital call for Sarangani plant A L S ON S C ons ol i d ate d Resources, Inc. will ask shareholders, including its Japanese partner, to inject more capital to help fund the second phase of its Sarangani coal-fired power plant, its top official said. “We will. That was always part of the plan,” Alsons President Tomas I. Alcantara said, referring to the capital call. But he said the company has to be mindful of the current interest of Toyota Tsusho Corp. The funds will be used for the next phase or the second 105-megawatt (MW) unit of the company’s 210-MW

baseload plant in Maasim under Sarangani Energy Corp. Unit two is expected to begin operating in 2018, or around two years after the launch of the first 105-MW facility. “The first project is already done,” he said on the sidelines of the company’s shareholder meeting on Friday. Luis R. Ymson, Jr., Alsons chief financial officer, expects the new plant to contribute “29% more in revenue, 19% more in income” this year. He placed the additional profit at around P160 million for operations covering eight months. Mr. Alcantara place unit

one’s cost at around $300 million, of which about $200 million was borrowed and $100 million came from equity from shareholders. For unit two, he said the company would follow the same ratio or around 70% borrowing and 30% equity. He explained the equity portion, which the company will have to raise, 25% or $25 million was earmarked for Toyota Tsusho “unless they allow themselves to be diluted.” “We want to maintain effective control of the company, and then we have to be mindful of the fact that we also have Toyota Tsusho

in our company to the extent of 25%,” Mr. Alcantara said. “So, if we have to go the market, for either institutional investor or the public, the amount is not that very big,” he added. On Dec. 10, 2012, Alsons entered into a shareholder agreement with Toyota Tsusho, which subscribed for 25% of the total equity of Sarangani Energy. “They want to go up to 35%. We are both studying it. But they have expressed interest in expanding their equity position in our power company,” Mr. Alcantara said. “We have not made up

our minds yet,” he said. For the bank borrowings, which will make up around 70% of project cost, he said Alsons would be using the same banking consortium that financed the first phase. “They are the ones who opted for it because they have an option. They have an option to be involved ... and they exercised that option,” he said. Aside from the second phase of the Sarangani baseload plant, Alsons will also start building two other power projects in Mindanao for the rest of the year -- a 15MW Siguil River hydroelectric

plant also in Maasim and a 105-MW coal power facility under San Ramon Power, Inc. in Talisayan, Zamboanga City. Alsons currently operates three diesel power facilities -the 103-MW Mapalad Power Corp. diesel plant in Iligan City, the 55-MW Southern Philippines Power Corp. plant in Alabel, Sarangani and the 100-MW power plant of the Western Mindanao Power Corp. in Zamboanga City. Alsons said that by 2019, it will have about 588-MW of generating capacity, which it said can serve around 25% of Mindanao’s projected peak power demand for that year.


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DSWD workers and beneficiaries unite to prepare schools for the upcoming opening of classes, like this in Impasug-ong, Bukidnon, as the week long Brigada Eskwela kicks off today. Photo by Municipal Action Team of Impasug-ong.

DSWD workers, beneficiaries join Brigada Eskwela 2016

C

AGAYAN DE ORO CITY -Hundreds of field workers of the programs of the Department of Social Welfare and Development (DSWD) in Northern Mindanao have joined the Department of Education

(DepEd) preparing schools in their respective communities for the upcoming opening of classes. With the theme: “Tayo Para sa Paaralang Ligtas, Maayos, at Handa Mula Kindergarten Hanggang

Senior High School” (All of us for safe and proper schools, and ready from Kindergarten to Senior High School), the workers, mostly of Pantawid Pamilyang Pilipino Program, Sustainable Livelihood Program, and Kalahi-CIDSS,

went to the different schools in their area of responsibilities t o h e lp c om mu n it i e s c l e a n classrooms and surroundings; repair chairs, ceilings, and tables; paint classrooms, among others. Along with DSWD workers

are Pantawid beneficiaries who actively participates the week long activity of DepEd every year to ensure that all public school facilities are clean, orderly, and safe for the opening of schools in June.

Bukidnon food processors join regional symposium MALAYBALAY CITY -Considered as the Mindanao’s food basket, the province of Bukidnon cradles potential export-competitiveness food entrepreneurs. Hence, this perspective brought Bukidnon Women Micro Entrepreneurs (WMEs) to Cagayan de Oro to join the “Greening the Gender-Responsive Value Chain Analysis” (GGRVCA) seminar. Through the GGRVCA the bilateral concepts of “Green Strategies” and “GenderSensitivity” were linked to the time-tested Value Chain Analysis (VCA) tool with the aim of refining business practices. In her speech, Department of Trade and Industry (DTI) Misamis Oriental Provincial Director Ma. Eliza A. Pabillore acknowledged the role of women in driving economic growth in region 10, and at the same time exhorted

them to be environmentallyresponsible. “We are all earth-takers; while doing business we should be protecting the environment,” she said. Pabillore marked the female participants as “great women” for performing leadership roles while juggling challenging responsibilities as mothers and wives. Likewise, Rita I. Pillarca, resource person and advocate of value chain development (VCD) said, “a chain is as strong as its weakest link, therefore, VCD is intended to evaluate the interplay of every chain operator, identify constraints, and introduce appropr i at e c or re c t i ve measures.” The series of workshops throughout the event resulted to t he pres ent at ion of provincial action plans that served as a blueprint for the five-year collaboration among project stakeholders.

Bukidnon participants came up with a comprehensive list of proposed activities that include, among others, a driving skills training, the consolidation of packaging r e q u i r e m e nt s , a n d a n international benchmarking mission inspired by its vision of becoming a “world class processor of healthy and nutritious food products in the country”. Initiated by the Philippine Commission on Women through the G enderResponsive Economic Actions for the Transformation of Women (GREAT Women)-2 P roj e c t , t h e G G RVC A convention was attended by more than a hundred of market promotion & penetration stage (Stage 2) and export market awareness stage (Stage 3) level womendominated food processors from Region 10. DTI and the Department of Science & Technology

(DOST) provided enabling support along with local government units to most of the participants. The five-year GREAT Women-2 Project targets to empower 12,000 WMEs at the end of 2020. (DTI-Bukidnon/ RLRB, PIA 10-Bukidnon) 3. DepEd, PIDS, IPA push for evidencebased reforms in PH education sector Despite the significant gains in primary education participation rates, learning gaps remain high among primary and secondary level students. Increased government spending in education, as well as the implementation of the K to 12 program are important education sector reforms that set the stage for improved access and better education outcomes for the Filipino youth. However, while these reforms are significant, much is still needed to be done in

improving learning outcomes for primary and secondary learners in the Philippines. On May 24, 2016, the Department of Education (DepEd), Philippine Institute for Development Studies (PIDS), and Innovations for Poverty Action (IPA) Philippines hosted a policy forum on “Evidence in the Education Sector” at the PIDS Conference Room in Centris, Quezon City, to disseminate among key decisionmakers how impact evaluation and evidence can be useful in achieving improved learning outcomes. Around 60 participants attended the forum from various government agencies, international organizations, academe, and nongovernment organizations. In his keynote speech, DepEd Assistant Secretary Elvin Ivan Uy stressed that education should enable each person to maximize their

potential. He highlighted the need to actively promote the use of evidence within DepEd and that the agency itself should be an active producer of evidence. Meanwhile, NEDA Deputy DirectorGeneral Rosemarie Edillon mentioned the pivotal role of evidence in policymaking at the national level. She maintained that each evaluation should address present and future needs in the education sector. Roundtable discussions as well as panel presentations on topics such as stakeholders in evaluation, enabling learning, and secondary and technical-vocational education comprised the policy forum. Dr. Gilberto L l a nt o, i n i d e nt i f y i n g champions in impact evaluations, with panel members Dr. Vicente Paqueo, visiting research fellow at PIDS, and Mr. Roger Masapol, symposium/PAGE 10


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Urban Myx to compete in World Supremacy Battlegrounds

H

Story by MARK FRANCISCO

OMEGROWN veteran hiphop group Urban Myx has secured a slot to compete in the World Supremacy Battlegrounds in Australia this September. The World Supremacy Battlegrounds is the biggest and most prestigious international street dance competition in the Southern Hemisphere. Australia is where the World Supremacy Battlegrounds and will be the host to the best of the best dancers from around the world. Now on its 12th year of international competition, the World Supremacy Battlegrounds returns to Sydney from September 9 to 12, 2016. Meanwhile, Urban Myx was a hiphop group formed in 2003 by Paulo Arong and his crew of fellow hiphoppers which

included original members Jerico Santos-Akut and Rodel Escuadro. Now in its 13th year of existence, Urban Myx has brought pride and dignity to Cagayan de Oro for hauling in numerous awards both around Mindanao and beyond for the past decade or so. Among its prestigious wins are the following – fourth placer in Singapore Dance Delight in 2012 and champion in VisMin Hiphop Dance Battle in Davao City in 2014. Between now and September, Urban Myx needs to raise P400,000 so they can proceed to claim their glory in the World Supremacy Battlegrounds. For this, the group is engaged in numerous fund raising activities, one of which is the weekly rap battles at Rizal Park in Divisoria starting this Saturday and every Saturday thereafter until July 16. Aside from those

mentioned earlier, the group is composed of Cyril Zuluaga, Rheggie Lunio, Joshua Amalian, Joseph Macarandan, Raymond Flores and Glevan Gayloa. Arong said it is a challenge and an honor for them to be one of the finalists of the three-day event. He said it is a challenge because they will

always remember the moment in 2007 when Xtatic, the dance crew from their hometown Cagayan de Oro, won championship in the same prestigious competition. Urban Myx will be joining nine more crews from the Philippines to represent the country in the World Supremacy Battlegrounds.

BDO renews SEF Partnership with IFC

BDO renews SEF Partnership with IFC. BDO Unibank renewed its Sustainable Energy Finance Program partnership with the International Finance Corp. as part of the bank’s continued efforts to impart to clients the best international practices on clean energy. Penning the agreement are (from left): Valentino Bagatsing, IFC principal investment officer; Aileen Ruiz-Zarate, IFC senior investment officer; Walter C. Wassmer, SEVP and head of BDO’s institutional banking; and Edward G. Wenceslao, SVP and head of BDO’s international desks.

BDO Unibank, Inc. has renewed its Sustainable E n e r g y F i n a n c e ( SE F ) Program partnership with the International Finance Corp. (IFC), the private sector arm of the World Bank, as part of its continued efforts to impart to clients t h e b e s t i nt e r n at i on a l practices on clean energy. In the last five years since the Bank has started the program in 2010 and partnered with IFC, it was able to finance several hydro power plants, biomass power plants, wind power projects and energ y efficiency investment projects, which contributed to the reduction of greenhouse gas emissions. This time, the renewal of the partnership focuses

on further enhancing BDO’s expertise and understanding of solar power generation and green building projects. C onsequently, this will allow the Bank to give the private sector appropriate financing for sustainable energy investments. Estimates show that t h e r e i s a s u b s t a nt i a l potential market for solar p owe r ge n e r at i on t h at BDO can tap. Apart from this, BD O also expects investment requirement for environment-friendly b u i l d i n g s t o i n c re a s e , especially with the passage of the National Green Building Code in June 2015 and its subsequent implementation beginning the first quarter of this year.

“BDO recognizes the importance of partnering with IFC in catalyzing private sector investment in sustainable energy d e v e l o p m e nt c o v e r i n g emerging markets. With this partnership, BDO will continue to support and promote green financing that will help reduce the adverse effects of climate change,” said BDO SEVP and head of institutional banking Walter C. Wassmer. Valentino Bagatsing, principal investment officer of IFC, voiced that the business sector has to align its activities with environmental protection aside from just targeting profits. “Good environment makes good business,” he

said. “Sustainability is the only way to go.” On solar power generation, IFC will provide BDO with technical expertise in assessing the technical and financial viability of solar photovoltaic (PV) projects through offsite support for solar projects. Also, as part of the service agreement, IFC’s global solar expert has conducted a briefing last March 11 on global solar PV (photovoltaic) trends and creditors’ general guidelines in assessing solar projects. Mo r e ov e r, I F C w i l l conduct training sessions on green building including the Excellence in Design for Greater Efficiencies or EDGE to BDO’s various groups.

EU-PH FTA: A Bitter Pill To Swallow We, the Council for Health and Development denounce the imminent free trade agreement (FTA) between the European Union (EU) and the government of the Philippines. We believe that the EU-PH FTA will trample any remaining barriers to the facilitation of complete trade liberalization, investment, and intellectual property rights (IPR) clauses under Philippine laws. Thus, we want to raise serious concern over this agreement that will undoubtedly promote increased privatization of health and unaffordable medicines -- leading to further retrogression of people’s access to health and services. The Philippines’ health landscape paints a dark and neglected picture. Seven out of ten Filipinos die without seeing a doctor; the average hospital bill amounts to three times the monthly salary of a minimum wage earner; death by preventable and curable diseases is a common trend. As the current health situation of Filipinos edge towards collapse, the pharmaceutical market remains at a steady boom. In the first quarter of 2015, pharmaceutical output, drugs, and medicines account for 46% of the medical out-of-pocket expenses of Filipino households, according to Business Monitoring International (BMI) Research. For the poor, the percentage rises to 55% of their household expenses. Out-of-pocket demand for drugs and medications was projected to reach Php155 billion (US$3.46 billion), an increase of Php30 billion (US$664 million) since 2010. Overall, foreign pharmaceutical companies captured almost twothirds or Php 417.20 billion of the total Php649 billion Philippine pharmaceutical market from 20062011. Of the 17 top manufacturers of drugs and medicines in 2012, eleven were foreign-owned (seven of these originate from EU countries). In a span of ten years (200414), trade in goods between EU and the Philippines already manifested unfair incomes: EU exports to the PH grew from €3.6 billion to €6.8 billion while EU imports from PH went down from €6.9 billion to €5.7. By entering into an agreement that is not as “fair” as it is touted, the Philippine government surrenders any remaining protection in the local economy. Foreign domination on the Philippine drug market, where the European Union is a major player,

stunts local drug manufacturers, impose expensive prices of medicine, and trump any shot at establishing a genuine drug industry. In this regard, the Council for Health and Development strongly opposes any free trade agreement between the EU and the Philippine government. We believe that health should be left out of any free trade deal as it would undermine people’s welfare by putting profit over public interest; allowing infusion of more private capital in public hospitals; bleeding the country dry of health human resources; and monopolizing the drug industry. Alternatively, the Philippine health sector proposes the following to the government: • Provide free, comprehensive, and progressive health care by developing and strengthening the public health care system; • Nationalize and build the pharmaceutical industry to provide safe, accessible, affordable, and effective medicine; • Establish a clear health human resource development plan by ensuring an equitable distribution of personnel, funds and resources; • Promote and uphold the interest of health workers and professionals by increasing the basic salary of health workers and end the practice of labor contractualization; • Scrap anti-people health policies that facilitate privatization of public hospitals, operation of large scale mining and coal, brain-drain of health professionals, Salary Standardization Law and Wage Rationalization Law, and No Home Birthing Policy; • Solve the socioeconomic and political factors affecting people’s health. The people’s health and welfare should be a priority of any government and maintain its independence from any foreign business dictate. Problems on health and other social services can only be met when there is genuine agrarian reform and national industrialization. Together, we must demand for a free, comprehensive, and progressive health care founded on equity, justice, and people’s rights. We say NO to EU-Philippines Free Trade Agreement! Established in 1989, CHD is the national organization of 64 community based health programs all over the Philippines.


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Rural banks told to ramp up agriculture lending R URAL BANKS should pave the way for more farmers and fisherfolk to tap formal credit channels, the Bangko Sentral ng Pilipinas (BSP) chief said, which would allow greater financial inclusion while also letting lenders fortify their hold among provincial clients. In a s p e e c h b e f o re me mb e rs of t he Ru r a l Bankers’ Association of the Philippines (RBAP), BSP Governor Amando M. Tetangco, Jr. said these smaller lenders should capitalize on their strong presence in the provinces to sustain their viability as financial institutions. “While bigger banks are concentrating in highly urb anize d and dens ely populated regions such as NCR (National Capital Region), CALABARZON

(Cavite, Laguna, Batangas, Rizal, Quezon) and Central Luzon, rural banks are thriving in regions where there is less access to financial services,” Mr. Tetangco said during the RBAP’s annual convention held May 23 in Cebu City. “You are still in areas where other players are not. Take advantage of this position to strengthen your foothold so that you will be more resilient when competitors come.” In particular, the BSP chief pointed out the role of rural banks in granting more loans to the farming sector, as captured under Circular 908 released last March. Under the framework, agricultural workers are evaluated as part of a bigger and organized “value chain” or a linked sequence of product processing from raw

materials to final consumer goods. Their viability as bank borrowers will then be assessed against their role within a value chain, which would entitle them to a wider array of bank products, according to the circular. “Rural banks can be ideal channels for such type of financing,” Mr. Tetangco said. Currently, rural banks serve as the platform for bigger banks to fulfill their required 25% credit quota to the farming sector, as captured under the AgriAgra Reform Credit Act of 2009. The lenders could also serve as the platform for small and medium-scale enterprises to secure funding for their business expansions through microfinance, added the central bank official.

There are 524 rural banks operating in the Philippines as of end-2015 with a network of 2,086 branches and bank offices, based on BSP data. In particular, Mr. Tetangco said rural banks gain an edge as they open more micro-banking offices in areas deemed not feasible for business by universal and commercial banks. Rural lenders may also find more room to expand their operations to cover underser ved markets, including some 15% composed of first- and second-class municipalities to contribute to greater e conomic ac t ivity, Mr. Tetangco added. “You have an intimate knowledge of the local economy and close ties with the community. Use this to be more responsive to the needs of customers as well as to market trends.”

Business confidence more bullish for Q2 2016: BSP survey BUSINESS outlook on the economy was more bullish for Q2 2016, with the overall confidence index (CI) rising to 48.7 percent from 41.9 percent for Q1 2016, according to a survey conducted by the Bangko Sentral ng Pilipinas. This indicates that more businesses are optimistic about the country’s economic prospects for the second quarter of the year compared to that in the previous quarter. The confidence index is computed as the percentage of firms that answered in the affirmative less the percentage of firms that answered in the negative with respect to their views on a given indicator. Respondents were more upbeat due to the following: (a) election-related spending in the run-up to the May 9, 2016 national elections, (b) sustained increase in orders and projects leading to higher volume of production, (c) anticipated increase in demand during summer (with the expected influx of both local and foreign tourists) and enrollment periods, (d) introduction of new and enhanced business strategies and processes, (e) expansion of businesses and new product lines, and (f) improving conditions in the local economy as well as in some advanced economies, particularly in Asia. Their more positive outlook was further driven by expectations of more favorable macroeconomic conditions in the country (particularly, low inflation and stable interest rates), and sustained foreign investment inflows. The sentiment of businesses in the Philippines mirrored the

improving business outlook in South Korea, Canada, France, and Netherlands but was in contrast to the deteriorating views of those in the US, UK, Germany, China and Australia. For the quarter ahead (Q3 2016), business optimism remained high although the outcome was lower compared to the previous quarter’s results, with the CI declining to 45.3 percent from 49.6 percent. Respondents cited the following factors as reasons behind their less sanguine outlook: (a) interruption of business activities during t h e r a i ny s e a s o n , ( b ) lower consumer demand as households prioritize enrollment expenses, and (c) expectations of higher oil prices. The outlook of businesses involved in international commodity trading turned broadly more favorable for Q2 2016. Among business types, importers and domesticoriented firms were the most optimistic. The outlook of exporters improved while that of dual-activity firms was broadly steady. Business confidence across sectors broadly optimistic Business sentiment was generally upbeat across sectors for Q2 2016. But construction, while remaining positive, turned less favorable. For the next quarter, the outlook across sectors was less buoyant due to the expected slack in demand during the rainy season. The services sector was the most optimistic among all sectors for Q2 2016 due to the usual uptick in demand

during summer and harvest seasons, expected brighter prospects with the increase in demand due to electionrelated spending and given the positive impact of the elections on the economy, low oil prices, improved marketing strategies, and new investment opportunities. The outlook of firms in the wholesale and retail trade sector was more upbeat for Q2 2016. Respondents attributed their optimism for the current quarter to expectations of ge ne r a l ly more robust demand during summer and enrollment seasons, a surge in spending over the course of the election campaign period, and a more conscious effort to achieve target sales in the automobile industry. Industry firms’ outlook was bullish for the current quarter, particularly in the mining and quarrying and manufacturing sub-sectors. Respondents’ more optimistic views were driven by expectations of higher election-related production activities (such as printing/manufacturing of campaign materials and giveaways), robust consumer demand during summer, and innovations in product design and quality. Meanwhile, the outlook of firms in the construction sector was less sanguine for Q2 2016. The lull in construction activities might be due to the wait-and-see attitude of businesses during the transition period to the new administration. More upbeat business operations In line with the more upbeat overall business confidence on the macroeconomy, the

outlook of firms about their own business operations was more buoyant for Q2 2016 compared to that a quarter ago. Notably, the outlook of firms on the volume of business activity and total order booked across sectors was more sanguine, except for those in the construction sector, which was less positive. Employment outlook index The employment outlook index for the next quarter declined to 23.8 percent from 27.2 percent in the last quarter’s survey. This indicates that more firms will continue to hire new employees than those that said otherwise, although the number of new hires could decrease compared to the previous quarter’s survey. Moreover, the percentage of businesses with expansion plans in the industry sector for Q3 2016 decreased to 30.3 percent from 31.3 percent a quarter ago. These developments are consistent with the lower outlook in the industry sector for the next quarter. Better financial conditions and access to credit The financial conditions index reverted to positive territory at 1.3 percent for Q2 2016 from -0.1 percent in the previous quarter. This means that firms that expected better financial conditions outnumbered those that said otherwise during the quarter. Firms were also of the view that their financing requirements could be met through available credit as respondents who reported easy access to credit exceeded those that said otherwise. bullish/PAGE 10


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Buy...

from page 5

development,” according to Pangilinan’s presentation. The additional frequencies, Pangilinan added, “will clearly help us in providing better Internet service.” “I think the additional spectrum will provide more highways and more capabilities for Smart and PLDT to raise the level of its Internet service. The 700 MHz is important with respect of coverage, as such, whether in building coverage or rural

coverage in far distant provinces,” he explained. Aside from the governmentassigned frequencies, PLDT and Globe will also own related telecommunications assets, telecom towers, fiber, licenses, permits, and authorities. While Pangilinan acknowledged that the frequencies were “the highways of our ability to deliver (better Internet) service,” it was not solely responsible for improving this service. Entire network

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Republic of the Philippines REGIONAL TRIAL COURT 10TH Judicial Region BRANCH 26, Medina, Misamis Oriental -oIN THE MATTER OF THE PETITION 329-M FOR CORRECTION OF ENTRY IN THE RECORD OF BIRTH OF MERIE JOY TRABAJO y PANGITAN IN THE CIVIL REGISTRY, CHANGING HER FIRST NAME FROM MERIEJOY TO MERIE JOY And her LAST NAME FROM TRABAHO to TRABAJO, MERIE JOY P. TRABAJO, Petitioner, - versus -

SP. PROC. NO.

LOCAL CIVIL REGISTRAR OF THE MUNICIPALITY OF SUGBONGCOGON, MISAMIS ORIENTAL, Respondent. x-----------------------------------------------/ ORDER Petitioner through counsel filed a verified petition for correction of entries in the records of birth of Merie Joy P. Trabajo, particularly correcting the entry for her first name from “Meriejoy to Merie Joy” and her last name from “Trabaho to Trabajo”. Finding said petition sufficient in form and substance, the same is hereby given due course. The petitioner is hereby directed to cause this Order to be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental at her own expense. Let copies of this Order be posted in three (3) conspicuous public places, such as the Bulletin Boards of the Sugbongcogon Municipal Hall, the Office of the Local Civil Registrar of Sugbongcogon, Misamis Oriental, and this Court. This case is set for hearing on October 6, 2016 at 8:30 a.m. at the Session Hall of this Court. The Local Civil Registrar and any person having or claiming any interest under the entry whose cancellation or correction is sought may, within fifteen (15) days from notice of the petition, or from the last date of publication of such notice, file his/her opposition thereto. SO ORDERED. Done in Medina, Misamis Oriental, this 24th day of May 2016. (Sgd.) DAN R. CALDERON Presiding Judge BWM: June 1, 8 & 15, 2016

“We do have to look at the entire network, in terms of the base stations... the transmission capability from the base stations to the core network, and then there’s of course the international cable facilities that will have to be expanded as the network expands itself. It’s not just a simple matter of getting the frequencies and in one moment, the Internet service will improve,” he stressed. PLDT Head of Regulatory Affairs Ray Espinosa said Smart could use its existing cell sites, but might also need to build additional ones as they reach the regions. Pangilinan added that devices able to access the spectrum were “quite limited,” but said that the objective was “to populate the consumers with 700-enabled cell phones.” PLDT plans to fund the acquisition of 50 percent of these businesses – worth P69.1 billion – through its agreement with Metro Pacific Investments Corporation (MPIC) for the latter to acquire 25 percent of PLDT’s interest in Beacon Electric Asset Holdings, a 50-50 joint venture between PLDT and MPIC. In effect, Pangilinan said, MPIC now holds 75 percent of Beacon, and PLDT will stay as a 25 percent shareholder of Beacon. PLDT paid San Miguel its first downpayment on Monday. The balance is payable over the next four years. PLDT, Globe: rivals united But when did rivals PLDT and Globe begin talking about acquiring the companies together? Espinosa decided to answer the juicy question in jest. “Maybe the history as to when we started dating is no longer important. Because, uh, we’re already married,” he said, to the reporters’ laughter. As for San Miguel and PLDT, Pangilinan had this reply: “Let’s just put it this way. I think both San Miguel and ourselves came around to a point that it’s probably best to talk, and it turned out to become a productive discussion, on their part, because they decided to divest... and our part, we’re quite keen to acquire additional spectrum which they have banked in the past years.” PLDT and Globe will “second people into the companies,” according to Pangilinan. “The goal is to be able to partition the spectrum and the assets between the two of us, at some point in the future,” he said. PLDT and Globe have their

respective “integration teams” working with San Miguel. Espinosa said they would look at the plantilla of employees. To the extent that they could keep these employees, they would, he added. Part of the transaction involved PLDT and Globe returning certain frequencies to the government, and these frequencies, including those still held by government, would allow a third party to one day become a competitor in the market. These frequencies were “more than sufficient” to let another player in, Espinosa said.

Mini-market... from page 2

The establishment of the minimarket aims to provide livelihood to the residents in the said relocation site and it is also one of the basic services that City Mayor Oscar Moreno wants to give to the community. The mayor has always targeted to make every relocation site comparable to subdivision where all basic services are accessible.(ALR-CIO/PIA10)

Megaworld... from page 5

cluster, One Lakeshore Drive, are almost sold out. Another two towers are scheduled for launch by Megaworld’s subsidiary brand, Suntrust Properties, Inc., within the year. “Megaworld’s commitment to nation building and spreading the economic prosperity to the provinces remains. In the next five years, we hope to see more and more people coming home to the provinces because they find more opportunities here. This way, we also help decongest Metro Manila,” said Go. (PNA)

Symposium... from page 6

director of the DepEd Planning Service, highlighted important issues such as the usefulness of impact evaluations in preserving effective programs, the need for greater appreciation of evaluations among all levels in government, and the value of having data publicly available. IPA Philippines Country Director Nassreena SampacoBaddiri moderated the panel discussion on enabling learning where Dr. Aniceto Orbeta, Jr.,

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF FILE NO. 2016-66 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by HOME DEVELOPMENT MUTUAL FUND (Pag-IBIG), as mortgagee against MARIA CONCEPCION B. ARANETA married to JORGE L. ARANETA, as mortgagor, to which the indebtedness as of April 20, 2016, amount of THREE HUNDRED EIGHTY EIGHT THOUSAND FOUR HUNDRED FORTY ONE PESOS ONLY (Php 388,441.00) inclusive of interest and penalty charges, attorney’s fees and expenses of foreclosure, the undersigned will SELL TO PUBLIC Auction on July 11, 2016 at 10:00 o’clock in the morning at the entrance door Regional Trial Court Branch-23, City Tourism Hall, Cagayan de Oro City, to the highest bidder for cash or manager’s checks and in Philippine Currency, the following described properties, to wit; TRANSFER CERTIFICATE TITLE NO. 136-2012001368 A PARCEL OF LAND (Lot 1, Block 17, Psd-10-059077, being a portion of Lot 2, Pcs-10-003972). Situated in the Barrio of Malanang, Opol, Misamis Oriental, Island of Mindanao. Containing an area of ONE HUNDRED NINETEEN (119) sq. meters more or less. All sealed bids must be submitted to the undersigned on the aboved-stated date, time and place. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyer/bidders may investigate for themselves the title herein above-described and encumbrances thereon, if any there be.

Done this May 13, 2016 in the City of Cagayan de Oro, Philippines.

(Sgd.) RICO A. REMALIG Sheriff IV

BWM: May 18, 25 & June 1, 2016

PIDS senior research fellow, and Assistant Secretary Uy of DepEd presented some critical issues in achieving improved education quality. Discussions were centered on the importance of context of the education system, the possibility of having complementary programs for better outcomes, the role of programs (and evaluation of these programs) in learning, and the need to consider noncognitive competencies. A panel discussion on technical-vocational education was moderated by NEDA Deputy Director-General Rolando Tungpalan and included presentations from Dr. Emily Beam of the National University of Singapore and Director Catherine Galapon from Technical Education and Skills Development Authority. Key topics include the role of education in building skills, employment, and better quality of life, as well as the value of testing different interventions in order to understand what works and what doesn’t work.

Bullish... from page 8

Notably, the number that said so also increased compared to that a quarter ago. Inflation expected to remain low Respondents continued to expect inflation to rise for the current quarter. Broadly the same number of firms anticipated inflation to increase for the next quarter compared to the previous quarter’s results. Businesses expected the rate of increase in commodity prices to remain low at 1.6 percent for Q2 2016 and 1.7 percent for Q3 2016. Meanwhile, respondents anticipated that the peso would appreciate and interest rates would be higher for Q2 2016. Respondents also expected the peso to appreciate for Q2 2016. For Q3 2016, however, the number of businesses that anticipated the peso to appreciate remained steady relative to quarter-ago level. Meanwhile, respondents anticipated that interest rates would be higher for Q2 2016 and Q3 2016. However, interest rate expectations were expected to be tempered as the number of firms that expressed higher interest declined against quarter-ago expectation.

DEED OF EXTRA-JUDICIAL SETTLEMENT OF THE ESTATE OF SPS. PASCUAL PADILLA & URBANA VILLACRUSES WITH EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF THE HEIRS OF REMEDIO V. PADILLA AND DEED OF ABSOLUTE SALE IN FAVOR OF ANALYN PADILLA APAT Notice is hereby given that the intestate estate of the late SPS. PASCUAL PADILLA & URBANA VILLACRUSES left a Parcel of Land covered under ORIGINAL CERTIFICATE OF TITLE NO. P-421 containing an area of FORTY TWO THOUSAND FIFTY TWO (42,052) Square Meters covered under Homestead Patent No. V-12606 situated in Panguil, Lala, Lanao Del Norte. Upon respective death of the intestate’s heirs namely: 1. FLORENCIO V. PADILLA, 2.NACIANCENA PADILLA ANO-OS; 3. VICTOR PADILLA; 4. MAXIMINA PADILLA CARRIAGA & 5. REMEDIO V. PADILLA. Whereas, the 5th child died on October 13, 2014 married to THELMA O. PADILLA with 4 children and upon his death he left his undivided share of 8, 410.4 from the 42,052 sq.m. Registered under the name of SPS. PASCUAL PADILLA & URBANA VILLACRUSES. That the above-named only and exclusive heirs of REMEDIO PADILLA intends to sell the 8,410.4 share to vendee ANALYN PADILLA APAT, of legal age, married and a Resident of Rebe, Lala, Lanao del Norte and in consideration of the sum of FOUR HUNDRED THOUSAND PESOS acknowledge by the heirs of REMEDIO V. PADILLA hereby SELLS, CEDES, TRANSFER AND CONVEYS unto the said VENDEE ANALYN PADILLA APAT is the subject of DEED OF EXTRA-JUDICIAL SETTLEMENT OF THE ESTATE OF SPS. PASCUAL PADILLA & URBANA VILLACRUSES WITH EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF THE HEIRS OF REMEDIO V. PADILLA AND DEED OF ABSOLUTE SALE IN FAVOR OF ANALYN PADILLA APAT Under Notary public ATTY. JUVY IND V. ARUBIO per doc. No. 191; page No.39; book No. 45; series of 2016 BWM: May 18, 25 & June 1, 2016

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 44 Initao, Misamis Oriental IN THE PETITION FOR THE CANCELLATION OF OLD DECREE ISSUANCE OF NEW ORDER FOR THE REGISTRATION

MSCL CASE NO.2015-1316 LRC REG CASE NO. N-271 LRC REC. NO. N-27173

MAKATI DEVELOPMENT CORP. Applicant-Petitioner. x------------------------------------------------/

LOT NO. 12191: 12194

AMENDED ORDER Before this court is a verified Petition for Cancellation of Old Decree and Reissuance of New Decree, covering Lot Nos. 12191 and 12194; all located at the Laguindingan, Misamis Oriental. Finding the same to be sufficient in form and substance, the same is set for INITIAL HEARING on August 01, 2016 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 opposition 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 applicant 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 offices of the Department of Environment and Natural Resources (DENR) of this city and this province. SO ORDERED. May 10, 2016. Initao, Misamis Oriental. (Sgd.) MARISSA P. ESTABAYA Presiding Judge BWM: June 1, 8 & 15, 2016


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Roadmap...

from page 1 Mr. Duterte, who will be proclaimed today by Congress as the official winner in the presidential race, understands the needs of the small farmers. “Mayor Digong oftentimes visits the remote areas and he is fully aware of the need of these areas. To me, this is the reason his eight-point agenda also contains a provision on the need to provide better policies needed to help them catch up with the rest of the country in terms of income,” Mr. Lao said. Under the eight-point agenda presented on May 12, by designated Finance secretary Carlos G. Dominguez, the fourth item involves a “genuine agricultural development strategy by providing support services to the small farmers to increase their productivity, improve their market access and develop the agricultural value chain by forging partnership with agribusiness firms.” Former North Cotabato governor Emmanuel F. Piñol, a close ally of Mr. Duterte, has been designated to head the Agriculture department. Mr. Lao, himself involved in the agriculture sector with his poultry export business, said Mr. Duterte’s team should start with an inventory of existing programs and plan how these could be turned into a “cohesive platform for economic growth focusing on small-income farmers.” One program that should be strengthened, he said, is

the initiative of the Mindanao Development Authority (MinDA) of linking small growers to the big companies through its inclusive growth program. MinDA has partnered with the Philippine Business for Social Progress in identifying products that can be developed in certain localities and providing potential inventors with the needed policies for their entry into these nontraditional investment areas. The MBC chair also cited the need to reevaluate the procedures of financial institutions for loans. “How can you ask farmers to produce documents when they do not even have money to buy their food?” he said. “There are governmentinitiated lending windows but farmers can hardly access them and most of those who have accessed the loans are those with bigger farms,” Mr. Lao added. Mr. Lao pointed out that partnerships between small farmers and big companies will open better market opportunities for the producers and do away with the so-called “middle men” in the value chain. Meanwhile, at the top of the Pilipino Banana Growers and Exporters Association, Inc.’s (PBGEA) wish list is the establishment of a banana research institute that will help the industry come up with solutions for the prevention and management of pests and diseases. “We are hoping that a banana research institute be established to develop disease resistant varieties of bananas,” said Stephen A. Antig, PBGEA

Republic of the Philippines REGIONAL TRIAL COURT 10th Judicial Region BRANCH 24 Cagayan de Oro City HOME DEVELOPMENT MUTUAL FUND, EJF FILE NO. 2016-142 Mortgagee, -versus- SPS. ERLINDA P. ONG & RESTITUTO A. ONG, Mortgagors.

executive director. Mr. Antig said this is “urgent and essential” to sustain the competitiveness of Philippine bananas in the world market amid the threat of Fusarium Wilt, also known as Panama Disease. Under Mr. Duterte’s leadership, a Davao City local ordinance was passed banning aerial spraying, which is one of the means for fighting diseases. Mr. Antig said industry players are also requesting Mr. Duterte to include the banana industry as one of the priority sectors in the Philippine Export Development Plan, as it is not covered in the 2015-2017 program drafted by the current administration. PBGEA is also optimistic about Mr. Duterte’s plan to pursue peace negotiations with the National Democratic Front-Communist Party of the Philippines, particularly its armed wing, the New People’s Army (NPA), which continues to have strongholds in remote parts of Mindanao. “The NPA has been attacking banana plantations and other businesses in Mindanao when they don’t get the revolutionary taxes that they extort,” PBGEA said in a statement.

Ties...

from page 1 Marco Polo Hotel here that he and Duterte discussed ways to promote and develop bilateral relations between the two countries. “It was a very productive meeting. I’m impressed by the personality of incoming President Duterte. It’s time for us to greatly promote our bilateral cooperation in different fields. It’s time for the Russians to discover the Philippines and it’s time for the Filipinos to discover Russia… It’s time to combine our efforts

Republic of the Philippines REGIONA TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 17 Cagayan de Oro City

FOR: EJF OF REAL ESTATE MORTGAGE UNDER ACT 3135

X --------------------------------/

OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF-2016-150

SHERIFF’S NOTICE OF SALE Upon extra-judicial petition for sale under ACT 3135 as amended filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG) mortgagee, against ERLINDA P. ONG, married to RESITUTO A. ONG, mortgagors, resident Cardinal Street, Isabel Village, Iligan City, to satisfy the mortgage indebtedness which as of February 24, 2016, amounts to (P 508,399.34) excluding penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned Sheriff will sell at Public Auction on June 6, 2016 at 9:00 A.M. or soon thereafter at the main entrance of the Tourism hall, City Hall, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the properties with all its improvements to wit: TRANSFER CERTIFICATE OF TITLE NO. T-137-2012009045 A Parcel of Land (Lot 12, Block 5, PSD-10-042689 PORTION OF LOT; LOT 1, BLOCK 37, PSD-10-039732 LAND USE RESIDENTIAL LOCATION CANITOAN, CAGAYAN DE ORO CITY. Containing an area of FIFTY FOUR (54) square meters more or less. TRANSFER CERTIFICATE OF TITLE NO. T-137-2012009046 A Parcel of land, (Lot 14, Block 5, PSD-10-042689 PORTION OF LOT; LOT1, BLOCK 37, PSD-10-039732 LAND USE RESIDENTIAL LOCATION CANITOAN, CAGAYAN DE ORO CITY. Containing an area of FIFTY FOUR (54) square meters more or less. Prospective buyers may investigate for themselves, in the event of Auction Sale cannot take place for whatever legal reason the sale will proceed on the following day, without further notice, posting and publication, the title here in above described and encumbrances thereon, if any there be.

Cagayan de Oro City, Philippines, May 5, 2016

(Sgd.) TERESITO C. ESTENZO Sheriff IV

BWM: May 18, 25 & June 1, 2016

to work hard together,” he said. The diplomat emphasized the need for the creation of a Joint Trade Economic Cooperation Commission to increase economic and trade cooperation between Russia and the Philippines. He said that since Russia and the Philippines have suffered so much from terrorism, they can work together in fighting “terrorism and other threats and other challenges to security and sustainable development.” He said they can share their respective experiences in putting an end to security threats. “Terrorism is common threats to all of us. It’s not possible to eradicate to terrorism alone. All of us should combine our efforts, we discussed the subject in this way. We have a full mutual understanding on this respect,” he said. “We are open to share our information, open for close partnership in this field,” he said. Khovaev added they are interested in forging cooperation in other fields such as culture, technology, and even sports. “We, the Russians are open to explore opportunities for bilateral cooperation in any fields,” he said. On the shipment of Philippine tropical fruits, Khovaev said that it’s another interesting field to explore since the Russian market needs fruits grown in the tropical region. He mentioned fruits such as banana, mango, and durian. Describing Russia’s relations with the Philippines as friendly, Khovaev boasted of their good standing in the international community having “no dispute or political contradictions” with other nations. “Mr. President (Duterte) has the willingness to promote bilateral cooperation. He said that Russia

Upon extra-judicial petition for sale under Act No. 3135 filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG FUND), mortgagee, with office at J.R. Borja St., Cagayan de Oro City, against EFRIAN M. DONOZO, mortgagor, single, Filipino citizen, and a resident of Lot 21 Blk 5, Pag-ibig Citi Homes, Malanang, Opol, Misamis Oriental, to satisfy the mortgage indebtedness which as of October 27, 2015, amounts to FOUR HUNDRED SIXTY EIGHT THOUSAND SIX HUNDRED FIFTY THREE PESOS & 67/100 (P 468,653.67), inclusive of interest and penalty charges, exclusive of attorney’s fees and expenses of foreclosure, the undersigned or her duly authorized deputy will sell at public auction June 29, 2016 at 10:00 A.M. or soon thereafter at the Office of the Clerk of Court, Regional Trial Court, Banch 17, Tourism Bldg., Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency the following property with all improvements, to wit: TRANSFER CERTIFICATE OF TITLE NO. 136-2012001258 LOT : PORTION OF LOT : AS SURVEYED FOR : LAND USE : LOCATION : BOUNDARIES : AREA :

Lot 21, Blk 5 Psd-10-059077 Lot 2, Pcs-10-003972 J ohndorf Ventures Corp. (Pag-ibig Citi Homes Phase 2) Residential Malanang, Opol, Mis Or. NE along lines 3-4 by Road Lot 1 (10.00 M. Wide); … x x x x. O ne Hundred Ten (110) square meters, more

All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the public auction will proceed on the next working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title hereinabove described and encumbrances thereon, if any there be. May 19, 2016, Cagayan de Oro City

(Sgd.) FE O. BONTUYAN-BULARON Sheriff IV

BWM: May 25, June 1 & 8, 2016

and Philippines should be partners and friends. We fully support this approach, that’s a fundamental, extremely important message,” he said.

Drive...

from page 1 after being forced to work in lowpaying conditions in 12-hour jobs. According to club vice president Teresa Celdran, Zonta is partnering with Visayan Forum in this particular project. Established in 1991, Visayan Forum is a non-profit organization specifically created to address modern day slavery and the exploitation of domestic workers, the exact conditions experienced by the trapped hapless workers from the region in Malaysia. Visayan Forum represents the women’s sector in the InterAgency Council Against Trafficking. Meanwhile, Zonta Club of Cagayan de Oro II is part of the larger Zonta Internatoinal, an organization dedicated to advancing the status of women. The two-day training attended by the students ranging from 13 to 16 in age, was made in three batches – one in December, the second in February and the third just earlier this week. It consisted of briefings in online child sexual exploitation, trafficking and the subsequent interventions. Speakers included anti-trafficking advocate Sis. Cecilia A. Espenilla, Visayan Forum representatives Nica Santiago and Roland R. Pacis, and PO3 Grace A. Sanchez of the Philippine National Police (PNP) Anti-Cybercrime Group. Even though students are still in their summer vacation, four high schools in the city have fielded their pupils to attend the advocacy training – Misamis Oriental General Comprehensive High School, Cagayan de Oro National High School, Capitol University Basic Education Department and Fisher Valley Academy.

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Ms. Celdran said graduates of the seminar will be organized into the Cagayan de Oro chapter of iFight. iFight was formed by the Visayan Forum in 2013 to enlist the youth in the information and education drive against human trafficking. “Human trafficking is now the second most profitable illegal industry in the world, ranking next only to drug trafficking,” Ms. Espenilla said in her presentation, citing a previously published research. Human traffickers in the Philippines usually scout for potential victims in the provinces and transport them through different ports and land routes, taking advantage of the archipelagic nature of the country. “Victims are pushed by poverty, ignorance and unemployment. They will ultimately fall prey to these traffickers who collect from them $10 to $20 per individual, putting recruits in a position of indebtedness to recruiters who harbor them,” Visayan Forum founder Ma. Cecilia FloresOebanda remarked in an earlier interview.

Approach...

from page 2 accepted to implement commitments to halt deforestation while securing the rights and livelihood of the Bangsamoro people,” Malik added. Mastura said investors will have clearly defined guidelines for sustainable and responsible agribusiness investment. Re-elected ARMM Governor Mujiv Hataman is supportive of the project noting it is a welcome development making sure that agribusiness investments in the region will help propel economic growth as well as ensure that there will be enough resources and opportunities for the Bangsamoro people now and in the future. (BPI/PIA-10)

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 37 Cagayan de Oro City IN THE MATTER OF PETITION FC CASE NO. SP-FMY-2016-016 FOR ADOPTION OF MINOR ANGELE HOPE BENEDICTOS WITH CHANGE OF FULL NAME TO ANGELE HOPE DAJAO BENEDICTOS, JESUS SILVERIO P. BENEDICTOS and LORNA DAJAO-BENEDICTOS, Petitioners. X--------- ------------------X ORDER A verified petition for adoption has been filed by the above-named petitioners alleging, among others, the child sought to be adopted is the child of the sister of petitioner husband; the child has been under the custody of the petitioners since the child was three years old; and the biological mother consents to the adoption. Petitioners pray that judgement be rendered declaring the minor to be, to all legal intents and purposes, the child of petitioners. Finding the petition to be sufficient in form and substance, notice is hereby given that the same shall be heard on June 22, 2016 at 8:30 o’clock in the morning. Any interested person may file a written opposition or appear at the hearing to oppose the said petition. Let this Order be published in an accredited newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental once a week for three consecutive weeks at the expense of herein petitioners, the date of the last publication should be at least fifteen days before the date set for hearing of the petition. The Court Social Worker assigned to this Court is hereby ordered to conduct child study, home study, and counseling of the biological mother and make reports thereon to be submitted before the scheduled date of hearing Also, at the expense of petitioners, let copies of this Order with the petition be furnished to the RTC Social Worker assigned to this Branch, the biological mother, the City Prosecutor’s Office, the Office Of The Solicitor General, 134 Amorsolo Street, Legaspi Village, Makati City. SO ORDERED. Done this 25th day of April 2016, Cagayan de Oro City, Philippines. (Sgd.) JOSE L. ESCOBIDO, MNSA Presiding Judge BWM: May 18, 25 & June 1, 2016


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