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BusinessWeek Mindanao (May 3, 2017)

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BusinessWeek MINDANAO

YOUR Mindanao-wide BUSINESS paper

CREDIBLE

Volume VII, No. 145

Market Indicators As of 5:21 pm May 2, 2017 (tuesday)

FOREX

PHISIX

US$1 = P49.900

7,703.10

X

20 cents

42.09 points

X

Briefly

Cebu-Dipolog power grid links

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Labor groups hit gov’t for workers’ plight www.businessweekmindanao.com

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NATIONAL GRID Corp. of the Philippines (NGCP) said it submitted to the Energy Regulatory Commission (ERC) on Thursday its project proposal for interconnecting the Mindanao and Visayas power grids. The power system operator said its application “comes after years of research and careful planning.” “Finding the safest and most viable route for the project was a long and tedious process, given the many challenges that faced us, like unexploded ordinance, fault lines, and submarine volcanic activity,” it said in a statement on Thursday. “We needed to be careful and sure, as this is going to be the biggest project in the history of the Philippine power industry. And we are excited to begin,” it added.

Stronger civil service PRESIDENT Rodrigo Roa Duterte has led the heads of the ASEAN Member-States in signing the ASEAN Leaders Declaration on the Role of the Civil Service as Catalyst in Achieving ASEAN Community Vision 2025. “The declaration highlights the important role of the civil service as drivers of national and regional development towards the achievement of ASEAN goals and aspirations,” Civil Service Commission (CSC) Chairperson Alicia de la Rosa-Bala said. The Philippines initiated the development of the ASEAN Leaders Declaration on the Role of the Civil Service as Catalyst in Achieving ASEAN Community Vision 2025.

Wage hike looms A SALARY hike for private sector workers is looming in Northern Mindanao (Region 10), the Regional Tripartite Wages and Productivity Board (RTWPB) announced Friday. RTWPB-10 chair Joffrey Soyao said that the board is currently deliberating on the petition of the Associated Labor Union – Trade Union Congress of the Philippines (ALU-TUCP) for a PHP168 daily wage increase. But based on the past 18 wage orders, the RTWPB in the region had only granted double-digit hikes.

P15.00

Wednesday | May 3, 2017

By GERRY LEE GORIT, Reporter

N spite of the promise of the Duterte administration, lower wages and job insecurity have remained the concerns of the millions of workers throughout the country as labor groups and other militant sector had staged protest action during the Labor Day observance on Monday.

In the region as elsewhere, the workers are suffering because of the neglect of the government and the implementation of anti-workers policies while promoting the interests of the capitalists over the wage earners, said Wildon Barros, secretarygeneral of the labor group Kilusang Mayo Uno (KMU) in Northern Mindanao. Among the concerns the workers in the regions have to bear, Barros said, are the labor/PAGE 11 LABOR DAY. Over a thousand members of the militant group Kilusang Mayo Uno march as they celebrate the 131st International Workers’ Day at the Guingona Park in Butuan City on May 1, 2017. The group calls to stop “contractualization” of laborers particularly in mining companies and oil pal plantations in Caraga. photo by bwm/mdn

NGO backs Secretary Lopez’s ban on open pit mining By MINDANEWS

GENERAL Santos City — An environmental group in Mindanao, which hosts a province where an open pit mining ban stands for almost seven years now, strongly supported Monday the decision of Environment Secretary Regina Paz “Gina” Lopez to ban such method across the Philippines.

Chinkie Peliño-Golle, acting executive director of Davao Citybased non-government organization Interface Development Interventions (IDIS), said that DENR Administrative Order No 2017-10 issued by Lopez on April 27 will encourage them to continue their anti-mining campaign. ban/PAGE 11

JOB SEARCH. Job applicants wait for their turn to be interviewed during this job fair held on May 1, Labor Day, at Limketkai Center in Cagayan de Oro. photo by mark francisco

Super Shuttle RORO leaves for Bitung with only 1% cargo load By ANTONIO L. COLINA IV, MindaNews

M/V Super Shuttle RORO 12

DAVAO City -- M/V Super Shutt le RORO 12, t he vessel servicing the DavaoGenSan-Bitung route left for the Indonesian port Sunday, loaded with only one percent of its 500-TEU (twenty-foot equivalent unit) total cargo capacity. The route was launched by

Philippine President Rodrigo Duterte and Indonesian President Joko Widodo. Kim Pancho, Davao branch manager of Asian Marine Transport Corp., told reporters after the launch at the Kudos Port in Sasa here Sunday that the inaugural voyage only carried five TEUs and 50 20-

foot empty container vans that will be repositioned at the port in Bitung. He said it costs the shipping company P10 million per trip. The shipping schedule, according to earlier announcements, is weekly. Super Shuttle is expected to arrive in Bitung, North Sulawesi on May 2. roro/PAGE 11

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Economy 2 DOE pitches energy opportunities to ASEAN investors B Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

wednesday|may 3, 2017

U T UA N C i t y - Department of Energy (DOE) Secretar y Alfonso Cusi said on Thursday that there is a big business opportunity in the Philippines’ energy sector that investors from the Association of Southeast Asian Nations (ASEAN)

can take advantage of. “We’re inviting energy investors from ASEAN. The ASEAN summit is an opportunity for us to drum up to our neighbors that there is this development happening in the Philippines and they can participate,” Cusi said after attending the closed door quarterly

roundtable of the Wallace Business Forum at Shangrila Hotel, Makati City. Cusi said the potential business opportunity in energy is the result of the government’s ambitious inf rastr uc ture program dubbed “Build Build Build.” “We’re going to build the energy supply for the

infrastructure,” said Cusi. “From 2016 to 2030, 17,300 megawatts (MW) is needed to support the Ambisyon 2040 development plan of the government for the Philippines. An additional power of 26,000 MW from 2030 to 2040 or a total of 43,000 MW from 2016 to

BUTUAN City -- Security measures are ready to ensure a peaceful and secured women’s surfing competition that will be held in Siargao Island, Surigao del Norte on May 2-6, 2017, Caraga Police director Chief Supt Rolando Felix said. A total of 108 additional cops will be deployed to the country’s surfing capital

aside from the troops from the Philippine Army and force multipliers to tighten security operations. The PNP, AFP, Local Government Units, other government agencies, and private sectors will collaborate to make this event successful. “Making this international surfing cup

peaceful and orderly is our contribution to boost the tourism in Siargao Island and attract more tourists from different parts of the world,” Felix affirmed. He also appealed to the citizens to immediately report to the police suspicious activities in the area and to approach the nearest police assistance

desks for any concern of peace and order. The upcoming surfing event is the first ever World Surf League (WSL) Qualifying Series (QS) women’s event in the Philippines where best female surfers around the world will come and vie for the $10,000-prize purse and other consolation prizes. (PNP-Caraga/PIA-Caraga)

2040 is needed to support the infrastructure projects,” Cusi said at the second round of Dutertenomics Forum on Wednesday, April 26, 2017. Cusi is optimistic that investors will come in. “The investment opportunity is open for all and the DOE will not put a cap and quota

on the energy source of choice,” said Cusi. “I’m sure t he re w i l l be entrants, particularly those who can offer the best for the Philippines and those who can provide the supply in the cheapest and most efficient way,” he concluded. (DOE/PIACaraga)

Cops ready for Women’s Surfing Cup in Siargao 46 ‘lumads’ complete mobile literacy training in MisOr BALINGASAG, Misamis Oriental -- Forty six members of t he Hi g aonon t r ib e completed a month-long basic computer literacy training (CLT) here spearheaded by the Philippine Army. Lt. Janelle Diaz, spokesperson of the Army’s 58th Infantry Battalion, said

Monday the program aims to provide basic computer literacy for the lumads or indigenous peoples in Balingasag. Datu Cesar G. Asapon, a representative of the indigenous people in Balingasag, expressed his lumads/PAGE 11

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Here in the Philippines, it is common for teens to immerse themselves in modeling classes during the summer vacation. After these classes, they will have their own graduation ramp show such as this one conducted by Model Central at Limketkai Event Center in Cagayan de Oro City last April 30. PHOTO BY MARK FRANCISCO

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 3 Filinvest ramps up spending to P40B this year Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

wednesday|may 3, 2017

F

I L I N V E S T Development Corp. (FDC) is deepening its presence in the property and infrastructure sectors as the holding firm of the Gotianun family ramps up spending to P40 billion this year. FDC President and CEO Lourdes Josephine GotianunYap told reporters last week the property group is set to open the Crimson Hotel in Boracay, which will add approximately 200 rooms to its existing portfolio of 1,365 keys. Hotel projects are lined up in Puerto Princesa and Tagaytay, among others, in line with a plan to increase the count to 5,000 by 2020, as FDC gears up for the launch of its own brand catering to the millennial market, Ms. Yap said. After building the largest power plant in Mindanao, FDC is setting its sight on the Luzon market for expansion, with a greenfield project utilizing hydroelectric power. “We hope (to finalize something this year),” Ms. Yap said. FDC completed a 405-megawatt coal-fired power plant in Misamis Oriental last year. The facility utilizes the circulating fluidized bed (CFB) boiler technology, the latest in clean coal technology.

FD C continues to show interest in the five regional airports in Davao, Laguindingan, Panglao, Bacolod and Iloilo commutatively worth some P108.18 billion that will be separately auctioned off by the government.

Asked if the company will retain Japan Airport Terminal Corp. and Sojitz Corp. as its partners for the regional airport projects, Ms. Yap said: “They are now studying it.” Filinvest Group is k e e n o n p a r t i c i p at i n g

with government’s push to accelerate infrastructure development. The group partnered with Gokongweiowned JG Summit Holdings, Inc. for an unsolicited proposal to expand Clark International Airport for P186.64 billion.

The conglomerate is setting aside P40 billion for capital expenditures and investment this year, higher than the P25 billion spent in 2016. Of the total, P20 billion will be allotted for real estate development, P12 billion will

be allocated the requirements of banking unit East West B an k ing C or p. and P8 billion will be infused to its subsidiaries. “While some investors tend to focus on market v o l at i l i t y, w e at F D C

Philex Mining may defer open-pit mining project LISTED Philex Mining Corp. may have to defer its Silangan gold-copper project in Surigao del Norte, after Environment Secretary Regina Paz L. Lopez signed an order banning open-pit mining in the country. “[Ms. Lopez] issued an order banning all open-pit (mining) so in the meantime,

w e [ put on ] h o l d t h e project. We have to follow the government,” Philex Mining Chairman Manuel V. Pangilinan told reporters on the sidelines of the ASEAN Prosperity for All Summit held in Pasay City on Friday. M r. Pan g i l i n an w a s referring to subsidiar y mining/PAGE 11

Globe improves mobile data network coverage in Boracay through MIMO technology

A human statue “levitates” during a busking by a Dire Husi-taught streetkid every Friday and Saturday evenings at Magsaysay Park in Divisoria plaza, Cagayan de Oro City. Dire Husi Initiatives is a group of volunteers that teach street children various art forms and crafts. PHOTO BY MARK FRANCISCO

GLOBE Telecom has further enhanced its mobile network coverage in the country’s premiere tourist destination Boracay Island through its deployment of the massive multiple input, multiple output (MIMO) technology just in time for the Labor Day weekend. Globe is the first mobile

operator in the country to use the MIMO technology which utilizes existing spectrum to accommodate more users at higher data rates with better reliability. Based on initial test results, the massive MIMO technology can provide four times the data capacity of a improves/PAGE 10


4

Opinion

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wednesday|may 3, 2017

The President’s Promises and the Laborer’s Work Value

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

Vice President for Corporate Affairs

Joe felicilda

Vice President for Administration

joe palabao

Vice President for Marketing

NELSON CONSTANTINO Editor-in-Chief

gilbert y. chao

Motoring Editor JOEL ESCOL

BONG FABE

Feature Editor

Associate Editor

CLIFFORD SANTILLAN Layout Artist

JUN AYENSA

shyne campaner

Regional Editor Caraga

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ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Contributing Editors

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The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463-826-272-000 – VAT. Reg., and with Business Permit No. 2017-02942. Tel. Nos.: (088)856-3344, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

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Is Your Family Climate-Controlled? Thin k a minute…What kind of climate do you enjoy living in? Did you know t hat you can live in the exact climate you w a n t ! I ’m n o t t a l k i n g about the weather climate, but the more important c l i m at e o f y o u r h o m e . The daily mood of your marriage and family. Just like a garden or plantation lives and grows best in a certain kind of climate, so does your marriage and family. Your wife or husband and children live happiest when you control the climate of fe elings and emotions in your home. We do this by the way we talk and treat each other. The way we react to the daily problems, mistakes, or disagreements we may have. Do you wish your family was more peaceful and happy? That you and your wife or husband did n ot arg u e an d f i g ht s o much? That your kids were more happy and confident? Well, no one is forcing you and your family t o l i v e i n t h at k i n d o f unhappy atmosphere. It’s y o u r c h oi c e . You mu s t decide to be the first to change and control your

THINK

A Minute

Jhan Tiafau Hurst own he ar t, mo o ds, and anger. You can’t have a peaceful, happy marriage and family until you yourself first have peace a n d h ap p i n e s s i n y o u r own heart. Jesus can give you that kind of peace, p ower, and self-control you need. Then you can h e lp c re at e t h e l ov i ng , happy climate in your home. It’s never too late to change. So today, why not ask Jesus to forgive you for your past anger and lack of self-control with your family? Then ask Him to take charge of your heart, marriage, and family, so you can finally start enjoying a satisfying, peaceful climate in your home ever yday—for the r e s t o f y o u r l i f e . Ju s t Think a Minute…

The month of May marks a significant time for the nation. For one, it holds the anniversary of the national elections that took the country by storm last year with prior controversies and ensuing political rivalries. So many things can happen in a year if one pays attention to the news. When President Rodrigo Duterte campaigned for the highest executive position, he made promises adjacent to his political will. For certain, the former mayor of the progressive and peaceful Davao City has done remarkable achievements during his former term. But when more than 16 million registered voters elected him for presidency, many of these promises have been fulfilled, yet some are still in the process of reaching their actuality (while some have irked his political rivals and raised the eyebrows of the international community, a c a d e m i c i n s t it ut i on s , and Church-centered

organizations). In spite of everything the country has been through, with diplomacies still being woven, allies made, and the war on drugs perpetuating vigilante-led killings and sparking debates among local and foreign intellectuals, it cannot be denied that the current President is a man of promises and influence. His promises may often be disagreeable to some, but he could make them happen. At least give him the credit for that. The international magazine, TIME, e ven listed him among the most influential people alongside his vocal critic, Senator Leila De Lima. Perhaps his promises are made possible because of his obligations as the country’s president. Essentially, he values his work by staying true to his word (regardless of its consequential costs). Then again, the will and desire to fulfil obligations determine the kind of person one is. But isn’t this what everyone

is ought to do when certain responsibilities should be committed? The month of May also recognizes the value of laborers (and as such, they include tax-paying workers and employees contributing their efforts to companies and organizations – public or private – and earning for their families or for themselves for survival and recreation). This holiday celebrates their cause and magnifies issues concerning them. It would not be easy to deny the fact that the country exists because of its workers. The mandatory taxes taken from their salaries equip the lifeblood of the government (corrupt officials are leeches, needless to say), so it would be just and right to grant any worker from the noblest profession to the humblest service the proper benefit they all deserve. To value laborers and their work is to provide for them the amount of their worth, which exceeds the value of salary

Pensaber

Angelo lorenzo but equates to their limitless and boundless dignity. In some cases, workers’ rights and privileges are often overlooked by institutions for one-sided benefit and advantage. And it is true that some institutions hide behind the façade of noble reputation, but compensate less to the people who helped build them their image. In spite of everything, it’s a win-win situation for certain institutions built by labor to grant workers their due. It is, after all, their right. Lorenzo/PAGE 10

Thirty Pieces of Silver The apostle Judas, probably also called Thaddeus or Jude, being a brother of James and Jesus, started as a fervent follower of Christ. Then, suddenly he changed. He felt that Christ didn’t satisfy his worldly expectations. The church, like Christ, is always loved by its true followers and is always hated by its apostates. Till today - no matter what belief you are in... . Judas didn’t leave the apostolic community to become a Pharisee or a critic of Christ. He leaves to become a traitor! Such a traitor will always find fault or a misinterpretation of human teaching. Judas gathered reasons that he, himself, had heard and witnessed to justify his betrayal. Yes, we all also know such people who betray us and sometimes a whole

mation. A Jewish mob tried to throw Christ down a cliff, but nothing happened. Soldiers tried to arrest Him, but nothing happened. The Pharisees tried to to entrap Him to no effect. It needed a friend -maybe a good friend! - to betray Him. He escaped from all, but not from the treason of a friend. “It would have been better for that man if he had not been born!” No such sentence was hurled, for example, to Pilate or Herod. The lesson for all of us is very clear. A bad politician or one of our neighbors can be the foulest thing on earth. A bad pagan cannot be a 1/10 corrupt. “Do not betray another man’s confidence!” the bible teaches us. But Judases can be found everywhere. Just as fire is not born from snow,

so is the seeker after worldly honors not seeking heavenly ones. or have you ever seen the snow catches fire? The maladroit politician named Judas betrays his voter and ele c tor t hr u beautiful soft promises while corrupting a whole nation. The neighbor, who declares how much he loves his family while going on unhindered destroying the environment is also named Judas... . Judas’ sins are really not rare. We commit it every day. Someone who have changed his ideals away f rom t he ide a ls of t he church and declares it to the world, anyone who leaves the church or the religious order and proclaims it to the world, “night had fallen on his soul”! When Julius Caesar was being assisissinated what hurt him was not the stabs

H ave M y Say

Klaus Doring

of Caius but the presence of his friend Brutus. We might never know it, but we could be carrying on our lips the kiss of Judas or very ready to pay the thirty pieces of silver. +++ Email: dor ingklau s@ gmail.com or follow me in Facebook, Twitter or Linkedin or visit www.germanexpatinthephilippines.blogspot.com or www.klausdoringsclassicslmusic.blogspot.com .

Congrats, Liza Elorde, “Ulirang Ina 2017” LIFE’S INSPIRATIONS: “… A wife of noble character who can find? She is worth far more than rubies…” (Proverbs 31:10, the Holy Bible). -ooo C O N G R AT S , L I Z A ELORDE, “ULIRANG INA 2017”: As a Rotarian who became the president of the Rotary Club of Intramuros Manila in 2006-2007 and 2011-2012, I am particularly proud when Rotarians who also became presidents during the times that I was president (whether for the first time, or for the second time) manage to shine in other areas of life, particularly on their roles as parents, or as fathers and mothers. This is the reason why I am publicly congratulating, through this column which circulates nationwide (Luzon,

Visayas, and Mindanao) and worldwide, through Facebook and other social networking sites, as well as through Canada’s The Philippine Courier, Ms. Liza Vicencio Elorde, for her having been chosen as an “Ulirang Ina Awardee 2017”, by the Ulirang Ina Ama Awards Foundation, Inc. Elorde is currently the senior deputy governor (SDG) of Rotary International District 3810, and is being considered by many to become the undisputed leader of the District in the days to come. She was a Rotary Change Maker President like me---who served as Rotary Club president for Rotary Year 2011-2012, with conceded leadership qualities and exemplary dedication to fulfilling “service above self ”.

-ooo LIZA ELORDE: RAISING CHILDREN TO BECOME CHAMPIONS: Liza, of course, has every reason to be considered an “ulirang ina” or, in English, a “virtuous” mother. Herself the daughter of a famous newsman, the great journalist Mac Vicencio who was once the president of the National Press Club of the Philippines, she raised her sons, Juan Martin “Bai” Elorde and Juan Miguel “Mig” Elorde, not only as fine boxers, but also as sociallyaware businessmen. Bai is the current WBO Oriental lightweight champion, while Mig is the WBO Asia Pacific super bantamweight champion, on account of their victories against their respective opponents during a boxing bout last February 25, 2017.

K ak ampi

Mo A ng Batas

Atty. Batas Mauricio Bai and Mig’s father (and Liza’s husband) is Johnny Elorde, himself a former boxing champion. Johnny is the second of three sons of the seven children of the late WBCWBA junior lightweight champion, Gabriel “Flash” Elorde. After he and Liza got married, they successfully batas/PAGE 10


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Banking&Finance

Bangko Sentral revises rural bank consolidation program rules M ONETARY officials have allowed some flexibility on rural bank consolidation rules to ensure the sustained improvement of the sector. Un d e r t h e o r i g i n a l Implementing Rules and Regulations (IRR) of the C onsolidation Program for Rural Banks (CPRB), there should be at least five banks per group, with a combined capital of at least PHP100 billion, before their application for consolidation can be assessed. However, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Nestor Espenilla Jr. said one of the three groups that have applied for CPRB

was only composed of four banks but their capital is more than the minimum requirement. “The policy was just to allow that flexibility,” he said. CRPB is a two-year program, scheduled for implementation from August 25, 2015 to August 25, 2017, eyed to strengthen the rural banking sector by allowing the players to improve their financial capacity, enhance their viability, strengthen management and governance, generate synergies and economies of scale through stronger infrastructure, systems and resources, and widening their market reach.

The sur viving entity should be the bank that has at least 125 percent riskbased capital adequacy ratio (RBCAR), which is a gauge of a bank’s financial health. Espenilla expects the applications of these groups to get the thumbs up within the year, especially after the central bank’s policymaking Monetary Board (MB) allowed for some adjustments on the rules. ”I would be surprised if the approvals be given next year,” he said, citing that the application process is “really moving ahead.” “What the Board did was to approve for that particular group and then generalize

the rules,” he added. Aside from the BSP, other implementing agencies of t he CPRB are st ate deposit insurance agency Philippine Deposit Insurance Corporation (PDIC), stateowned Land Bank of the Philippines (LBP) and the C ou nt r y s i d e F i n an c i a l Institution Enhancement Program (CFIEP). Banks that will avail of the program may avail funding aid for financial advisory services, business process i mprove m e nt s e r v i c e s , capacity building support services, and regulatory incentives from the central bank. (Joann Villanueva/ PNA)

Good fiscal management, not tax perks key to success of cooperatives ONE of the key supporters in the Congress of the Duterte administration’s Comprehensive Tax Reform Program (CTRP) has advised cooperatives opposing the measure to focus on sound fiscal management, rather than relying on continued tax incentives, to ensure the success of their economic endeavors. Albay Rep. Joey Salceda, a senior vice chairperson of the House ways and means committee, said lifting the value-added tax (VAT) exemptions of cooperatives aims to plug the massive leakages under our current tax system. He claimed in a recent tax forum that although the benefits enjoyed by cooperatives amount to P6 billion, the leakages arising from the VAT exemptions given to them reach around P25 billion because the system had already been abused by some enterprises that have sought to shield themselves from taxes by forming cooperatives and taking advantage of the tax perks such organizations enjoy. Salceda pointed out that in his province, the Albay Capitol Employees MultiPurpose Cooperative, which had an initial capital of P3 million, was able to grow this amount to P103 million, not because of the tax incentives given to it, but because of sound financial management. “I gave them P3 million (when I was governor), now they made it P103 million. It didn’t come from the tax measure. They went very high because of good management--good fiscal and financial management,” Salceda said. He said in Legazpi City, another cooperative with an initial capital of P3 million was able to multiply this amount to P130 million. “That did not come from

tax incentives,” Salceda said. Salceda’s statements were in response to the opposition by certain cooperatives to the CTRP-proposed removal of the VAT exemptions they now enjoy under the Tax Code. Under the first package of the CTRP that aims to lower personal income tax rates, the accompanying revenue-enhancing measures include the expansion of the VAT base, which will be done by removing over 100 exemptions found in special laws, except those enjoyed by seniors and persons with disabilities. VAT-exempt privileges will be limited only to raw food, education and health. In the case of cooperatives, those selling agricultural produce will continue to enjoy VAT exemptions. Finance Undersecretary Karl Kendrick Chua said at the same tax forum that the government’s goal was not to take away benefits enjoyed by the poor, who are members of cooperatives, but to directly provide them these benefits and ensure that these reaches them by way of direct transfer programs such as cash transfers and other forms of subsidies. “We are proposing to convert that benefit from a tax subsidy by [exemption] to a more targeted approach wherein we give the benefits directly to those who are in need through the budget. In other words, we are converting the producer subsidy to a consumer subsidy, and this is something we’re very keen on doing,” Chua said. Moreover, micro and small cooperatives, which comprise 91 percent of the cooperative sector, will mostly be exempted from the VAT because under the CTRP, the VAT threshold for gross sales would be increased from P1.9 million to P3 million, Chua noted. The cooperatives sector

itself has pointed out that 91 percent of coops in the country are micro- and smallorganizations while only 9 percent are medium- and large-sized. Although micro and small coops make up the vast majority, they control only 13 percent of the aggregate assets in the cooperatives sector, while medium and large coops control 87 percent, according to data from the COOP-NATCCO partylist website. The first package of the CTRP was introduced in the Congress as House Bill 4774 by Quirino Rep. Dakila Carlo Cua, who chairs the House ways and means committee. Before the Lenten break of the Congress, the Cuachaired House committee already agreed in principle to tackle the CTRP bill as a package, putting to rest concerns that the Congress might abandon the revenuegenerating measures of the proposal and only pass the revenue-eroding portion, particularly the lowering of

income tax rates. Also called the “ Tax Reform for Acceleration and Inclusion Act or TRAIN, the measure is complemented by Salceda’s HB 4888—the Tax Administration Reform Act or TARA. The information drives being conducted across the country to educate the people of the merits and advantages of these tax reform measures have been dubbed the “TARA na sa TRAIN” workshops. According to Finance Secretary Carlos Dominguez III, the CTRP “will enable us to reshape our economic growth to make it more inclusive.” “It is the tax reform package that will bring us to the irreversible path towards being a high-income economy in one generation and bring down our poverty rate to a mere 14% by 2022,” he said at the same tax forum. The CTRP has gained the support of 14 for m e r D e p ar t m e nt of Finance secretaries and success/PAGE 10

PHL gov’t financing up 36.14% y-o-y THE Philippine government’s financing in the first quarter of 2017 rose 36.14 percent to P117.4 billion. Data from the Bureau of the Treasury (BTr) showed that the state financing in the first quarter this year is higher than the P86.27 billion in the first quarter of 2016. Domestic financing for the quarter amounted to P87.67 billion, more than twice the P29.8 billion of net external financing. Bulk of the domestic financing was accounted for by the issuance of fixed rate treasury bond (T-bond) amounting to P90 billion,

which was countered by the P1.82 billion negative amortization for treasury bills (T-bills). Last March alone, the total government financing stood at Php 36.1 billion, lower than month-ago’s P69.9 billion and year-ago’s P 44.2 billion. Of the total, net domestic financing in the third month this year amounted to Php 37 billion, more than double the P13.75 billion same period last year. Net external financing registered a deficit of P895 million, a far cry from the P30.4 billion in March 2017. (Joann Santiago/PNA)

5 OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

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

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

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

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

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

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

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

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

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

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

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

METRO BANK- GAISANO 8561720

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

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

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

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

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

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

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

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

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


6

Sports

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Mongosong rules 3rd leg of Diamond Motor Supercross

B

ornok Mangosong g ai n e d a m or a l e boost and set anew for a duel against veteran rider Glenn Aguilar for the coveted title in the 2nd edition of the Diamond Motor Supercross. The Davao pride Mangosong made a tactical race en route to an easy third leg win over the weekend (April 29) at Mx Messiah Fairgrounds, Taytay, Rizal. Mangosong’s surging wave of momentum, dominated the PTT Pro Open Production class against Bicol-based JC Rellosa and Jerick Mitra who finished second and third, respectively. The 25-year old Mangosong of the Yamaha Racing Team attributed his victory on his sheer determination, pacing and focus. He also took the GoPro Holeshot of legAguilar, who topped the first two legs, posting 50 points, failed to show up due to previous commitment which gave Mangosong a 1-2 ticket in the overall run. Rising motocross girl Quiana Reyes won the DC Ladies Class beating Jasmine

Jao and Khim Yumul while her younger brother Wenson remained unbeatable in the Kids 65cc and 85cc. Motocross legend Jing Leongson snared first in the Coffee Grounds veteran class as MMF rider Jojo Sayas won in the Dunlop executive class. Meanwhile, never left behind are Christian Yap who went home victoriously in the GoPro amateur open production class, JR Tulawi in the open underbone, and Jolee Mendoza in the open local enduro. Young rider Christopher Mercado bested Yamaha PW50 (7-9 years old) and Kids 50CC while Matt Brian Leyva bagged Yamaha PW50 (4-6 years old). The event sponsored by Diamond Motor Corporation together with Generation C ong re g at i on , D u n l op Tires, Tireshakk, Yamaha Motor Philippines, GoPro Philippines, PTT Philippines Corporation, DC Philippines, Fox He a d Ph i l ippi ne s , Coffee Grounds Taytay and Xtreme Adrenaline Sports Entertainment C o. will resume on May 13 and 27. (Primo P. Agatep/PNA)

JRU beats La Salle in FilOil opening game upset How about an upset to start the FilOil Flying V Preseason Premier Cup? JRU made a strong statement after shocking defending champion La Salle, 85-81, in the very first game of the 2017 edition at the FilOil Flying V Centre on Monday. The Heavy Bombers started the fourth quarter strongly and held off a late push by the Green Archers to seal the win. JRU opened the payoff period on a 16-6 run to open a 78-69 advantage with 4:43 remaining. La Salle still inched closer, drawing to within two, 81-83, with 1:45 left in the ballgame.

The team, however, could not complete the comeback as the squad missed two potential go-ahead triples and Ben Mbala lost the ball in the third serving. Free throws from Gio Lasquety and MJ Dela Virgen sealed the upset. Despite a relatively sluggish performance, Teytey Teodoro still led the Heavy Bombers with 17 points, one assist, and one steal. Jed Mendoza added 15 points, five rebounds, three assists, and one steal. Ben Mbala paced the Archers with 22 points, 16 rebounds, and two blocks. (Ivan Saldajeno/PNA)

photo courtesy: insideracing.com.ph

Tony Lascuña eyes title retention bid in ICTSI Luisita Championship Local parbusters led by Tony Lascuña and Miguel Tabuena will test their mettle against an elite field of foreign players led by Steve Lewton of England and Micah Shin of the US, when they see action in the ICTSI Luisita

Championship that fires off Wednesday at the Luisita Golf and Country Club. Mental toughness and course management will not only be the key for the players to gain honor, but they have to survive the scorching heat

at the Luisita course, one of the country’s challenging courses that hosted the Philippine Open in 2015. This 72-hole championship is sponsored by ICTSI and organized by Pilipinas Golf Tournaments,

Inc. (PGT) backed by BDO, KZG, Custom Clubmakers, Meralco, Sharp, Champion, Summit Mineral Water and PLDT. In a release by PGT, determined Lascuña sets title/PAGE 1

Fiery Miguel Tabuena back in form, eyes top honor in ICTSI golf tourney By Primo P. Agatep

Local ace parbuster Miguel Tabuena’s winning form will be tested anew as he joins the elite international cast clashing in the USD 60,000 ICTSI Luisita Championship

starting on Wednesday, May 3 at the long and tricky Luisita Golf and Country Club. Released by the Pilipinas G o l f To u r n a m e n t s , Inc.,organizer of the event,

the 22-year-old Tabuena , the former Order of Merit winner is back in the local tour hunt after missing the Manila Masters leg last month due to injury, his bid this week boosted by a strong joint fifth finish in the

Yeangder Heritage in Taiwan last Sunday. Tabuena leads other top pros in the traditional proam tournament on Tuesday, where they will be paired with officials and guests of golf/PAGE 10


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Sports

Bugo Eagles Club holds Ultimate (Frisbee) open Story by MARK FRANCISCO

O

N the occasion of the fiesta in their own barangay, the Bugo Eagles Club held a two-day Ultimate (Frisbee) open at the Philippine Southfield School campus last April 29 to 30. There were ten mixed gender clubs which joined the tilt. They were Taul, Indios, Churba, Pax U, Batalyon, Hype Ultimate, Ganja Adik, Pakin United,

7 When you’re in Davao City, Read:

HOTELS & RESORTS DIRECTORIES

VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City. No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com

Heads Up, BLU, Camp Philips and Safe Ro. Since the Ultimate Frisbee Challenge

(Labay Pasa Salo sa Agila) was an open tourney, it garnered clubs from as far as Tagoloan (Misamis Oriental), Iligan City and the province of Bukidnon. Churba became the champions with Safe Ra as first runnerup followed by Blu (second runnerup), Pakin (third runner-up) and CPU as most spirited team. Tournament MVP was Aldrits of Batalyon for the males and Ces/Kakay of Taul for the female category. The championship/ finals MVP were Binoy of Churba for

the males and Jho of Blu for the females. According to Bugo Eagles Club president Zoe Curiano, they were inspired to hold a tourney through one of their members, Nathaniel Viovicente, who was a former player. Curiano promised a more grandiose event in the future. Ultimate, originally known as ultimate frisbee, is a non-contact team sport originally played by players with a flying disc (frisbee). Points are scored by passing the disc to a teammate in the opposing end zone.

ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City. Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com GRAND REGAL Km 7 Lanang, Davao City, Philippines Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com VIAJEROS ECONOMY HOTEL Patnubay St., Sandawa, Matina, D.C Tel. No. 297-5710 / Telefax (6382) 298-5134 Mobile: 0922.-8268425 Website: www.viajeroseconomyinn.com ROYAL MANDAYA HOTEL J.Palma Gil St., Davao City 8000 Phils. Tel. No. (082) 225-8888 / fax No. (082) 225-1885 info@theroyalrmandayahotel.com www.theroyalmandayahotel.com HOMITORI Bangoy Street corner Santa Ana Avenue, Davao City Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: homitoridvo@gmail.com or Like us on www.facebook.com/pages/Homitori-Davao BIG APPLE HOTEL Brgy. Angliongto, Lanang, D.C. Hotline Nos.: (082) 234-8459 Facebook account: bigapplehotel@ymail.com Email: bigapple_hotel@ymail.com

THE PERIDOT SUITES Carmelite Drive, Lanang, Davao City Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2 Email: theperidotsuiles@gmail.com AZIENDA MEO APARTELLE 11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao City Telefax. No: (082) 227-4119 & 284-6689 Cell Phone No. 09256652626 Website: www.aziendameo.com Email Add: aziendameo@yahoo.com.ph Big 8 Corporate Hotel Visayan Village, National Highway, Tagum City Mobile nos. 09173029063 & 09328539372 Tel. No.: (084)216-0888 Email: info@big8corporatehotel.com www.facebook.com/big8corporatehotel.com www.big8corporatehotel.com HOTEL ELENA Avenida Santos Ave., Nova Tierra Vill, Lanang, D.C Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887 PARADISE ISLAND Tel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780 E-mail: paradiseislanddavao@gmail.com

MISAMIS Oriental Provincial Jail (MOPJ) Warden Dominador G. Tagarda announced the ongoing annual sports festival inside the facility called “Over Seer’s Cup” exclusively for the inmates. “It has actually started last March 24, 2017 and will end on May 31, 2017 at our Basketball Court inside this facility. This program is strongly supported by Governor Bambi Emano not only to develop the inmates’ camaraderie, but to maintain their well-being even if they temporarily live in prison or rehabilitation facility,” Warden Tagarda said. The sports festival includes basketball, volleyball and chess. Because the governor believes that with the inmates involving themselves with such activities, they will be able to help themselves transform to become better persons and be productive to society, Warden Tagarda added. The sport fest is regularly conducted in collaboration with the group of Iglesia ni Christo, headed by Mr. Retchiel Sanchez, Overseer Representative and Jail Consultant Mr. Rhoel Leon V. Factura. PIO

MARCO POLO DAVAO C.M Recto St., Davao City davao@marcopolohotels.com www.marcopolohotels.com (63 82) 221-0888 HOTEL ESSE Brgy. 9-A F Torres Street, Davao City Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph Email Add: hotel_esse_davao@yahoo.com RUEMANGO APARTELLE & SUITES 516 Mangga St., Juna Subd., Matina, Davao City ruemangoapartelleandsuites@gmail.com www.ruemango.com Tel. Nos.: (082) 295-7175/ 295-7180


8

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RESORTS, HOTEL & RESTAURANTS DIRECTORIES

A PUBLIC SERVICE BY:

Algen’s Dive Resort (088) 3872015

Pryce Plaza Hotel 8583131 Fax: 726687

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

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

Bahay Bakasyunan sa Camiguin (088) 3871057 / 3870131 Fax: 3870278 Basamanggas Resort 08822-760564 Fax: 760565 Cagayan Riverview Inn 8584245 / 729039 Fax: 8584245 Casa Crystalla 8561704 / 722465 Fax: 722480 Casa Isabella (088) 8564065 Casa Azucena 8563402 / 09236593973 Chali Beach Resort 732840 / 8552108 Fax: 8555941 Chananthon Bed & Breakfast 8568189 / 3093095 Country Village Hotel 8583004-06 Fax: 8583006 D’Budgetel 8564200/726643 Fax: 8564300 Dahilayan Forest Park 8568562 to 63 De Luxe Hotel 8572144 / 724548 Fax: 724563 Discovery Hotel 727814 / 8563896 Fax: 8563897 Duka Bay Resort (088) 3312290 Fax: 725265 Dynasty Court Hotel 8574802 Fax: 857900 Grand City Hotel 8571900 / 728469 Fax: 723718 Hotel Conchita 8563856 / 727355 Fax: 8563857 Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383 Kingston Lodge 8585696 Fax: 8585696

Seda Centrio Hotel 3238888 / 0917-577-5910 Southwinds Hotel 724803 / 8562036 Fax: 8562036 Stargate Dream Vacation Resort 8515003 / 8509999 The VIP Hotel 726080 / 8562505 Fax: 726441 RED PLANET 8800888/8801306 Travelers Pod 8518988 Uptown Condotel 8511800 Villa Paraiso Apartelle 3870419 Fax: 3870429 HONORARY MEMBERS: Dept. of Tourism 723696/726394 / 8564048 Fax: 723696 RESTAURANTS: Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843 Café Laguna 8582999 Fax: 8567001 DM Villaruy Restaurant 733790 Golden Ajirang I 856-5271 Fax: 727876 Grand Caprice Restaurant 72-6955/856-2302 Fax: 72-4986 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438

Mapawa Natures Park 8584402 Fax: 725265

Thai Me Up 738424/3108424 Fax: 738424

Mallberry Suites 8541999 / 7249999 Fax: 8544999

Barkadahan Grill 8551234

Maxandrea Hotel 8572244/729943 Fax: 724090

La Tegola Cucina Italiana 8585959

Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 Paras Beach Resort 8568563 Fax: 8568563 Philtown Hotel 726295 / 8564402 Fax: 723104

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

Opol Vice Mayor Tatchie Mabulay-Ortigoza poses with the winners of the Mr. and Miss Kabaybayunan Festival 2017 which was held last April 28 in Marvilla Beach, Opol, Misamis Oriental. PHOTO BY MARK FRANCISCO

AboitizPower 6-MW Binary Plant successfully restored A boitizPower marked the presentation of its 6 -MW Binar y Plant at the Ma k ilingB a n a h aw G e o t h e r m a l Project on April 27, 2017. T he Bi n a r y Pl a nt 1 utilizes excess heat from spent brine to generate clean and renewable energy for the Luzon Grid. Geothermal energy comes from the heat of the earth. It is produced by drilling holes into the earth to tap the steam—or the hot water rising to the surface of the earth—from the geothermal reservoirs. At MakBan, the water in the reservoir that is not hot enough is fed into the Binary Plant to still generate electricity. The Binary Plant 1 became operational in the second half of 2016 after the completion of restoration work. “It took us more than a yea r to complete t he restoration, but we were able to add 6 MW installed capacity of renewable energy

CLEANERGY. The newly restored six megawatt Binary Plant of Aboitiz Power Corporation in Sto. Tomas, Batangas.

to our facility, utilizing heat from geothermal byproducts and idle equipment,” APRI President and COO Felino Bernardo said. T he Bi na r y Pl a nt 1 is one of t h ree bi na r y cycle power plants in the MakBan Geothermal Project Complex. The binary cycle plants were decommissioned in 2008. Of the three, only Binary 1 was found viable

for rehabilitation. “ T his pla nt shows our commitment to renewable energy, through ou r C le a nerg y br a nd ,” Aboit izPower President and COO Antonio Moraza said during the presentation c e r e m o n y. “ We h a v e a lways emphasized t hat AboitizPower will continue to pursue renewable energy projects for as long as it is

sensible and cost-effective for our customers and for us. As we grow our portfolio of power plants, we will always strive to achieve a balance between renewable and conventional energy sources.” Moraza thanked com mu nit ies a nd loca l government of f icia ls of Sto. Tomas, Batangas for supporting the project.

NGCP awaits ERC approval on VMIP In support of the government’s priority program on island interconnections, NGCP br i ngs power-sha r i ng bet ween Visayas a nd Mindanao another step closer to implementation. Today, NGCP submitted its VisayasMindanao Interconnection Project (VMIP) application to the Energy Regulatory Commission (ERC). T he appl ic at ion for Provisional Authority (PA) is the result of an NGCPcommissioned hydrographic s u r ve y c ondu c t e d l a s t September to November 2016. The survey results determined the most viable route beginning in Cebu and terminating in Dipolog. Subsequent preparations were made to include the

conceptual design, detailed cost-estimate, and update of the system simulation st udy u si ng t he C ebuDipolog route in the ERC application, while inland and route surveys for substations and overhead transmission lines were simultaneously being conducted. “NGCP submitted to the ERC its application for the implementation of the VMIP. This comes after years of research and careful planning. Finding the safest and most viable route for the project was a long and tedious process, given the many challenges that faced us, like unexploded ordinances, fault lines, and submarine volcanic activity. We needed to be careful and sure, as this

is going to be the biggest project in the history of the Philippine power industry. And we are excited to begin. As soon as ERC grants us the Provisional Authority, NGCP will immediately put into motion plans that will lead to the eventual unification of the country’s three main grids. Barring any delays, we hope to get this done by 2020,” declared NGCP. “The 2020 target date is based on a compressed schedule, and assumes no delays. To get this done on time, we are hoping to receive the ERC approval within six months or earlier,” stressed the company. Earlier studies on the projec t , wh ich foc used on the eastern route from Leyte to Surigao, revealed

various obstacles including live ordinance (torpedoes and high explosive shells) from the Battle of Surigao in 194 4, an under water volcano, fault lines, and seismic hazards such as unstable rock slabs. The results of previous feasibility studies before NGCP took over transmission operations prompted the company to look for alternative routes. “NG CP u nderst a nd s that this is a monumental, expensive project that not all can complete, or even begin, on their own. After years of only feasibility studies to keep the project alive, NGCP–with its able team of technical experts and a wide pool of resources–is ngcp/PAGE 10


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9


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Improves... from page 3

regular cell site as well as offer speed of up to six times depending on the number of users. The faster speed and higher capacity ensures better mobile experience to vacationers in the tourist island. “ The massive MIMO technology is particularly beneficial in providing mobile data capacities in high foottraffic areas so it is ideal for major tourist destinations like Boracay as well as in places where a lot of people convene such as stadiums, transport stations, shopping mall, schools and universities, and dense residential areas. Through massive MIMO, we would be able to enhance the Internet experience of our customers and cater to their growing connectivity needs,” Joel Agustin, Senior Vice President for Program Governance, Globe Network Technical Group said in a statement. T he mass ive M I MO deployment is part of efforts

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by Globe on improving its network in Boracay in preparation for the tourist influx since the technology is ideal for places where the demand is high yet the existing spectrum has already reached its full capacity. MIMO is a wireless communications technology which utilizes multiple antennas at both the transmitter and receiver. The use of multiple antennas helps prevent signal interferences and optimizes mobile data speed. Massive MIMO works with handsets that support the 2600 Megahertz (MHz) frequency which were part of the telco assets acquired by Globe from the San Miguel Corporation last year. The mobile network provider has been aggressive in offering services that cater to the increasing demand for lifestyle and entertainment-driven connectivity requirements such as music, video, gaming, information, commerce, shopping, banking, movies and TV series, and social

media. Globe has been pursuing the expansion of its data network infrastructure and capacity. It has allocated more than a quarter of its revenues annually amounting to USD 750 million per year in network investment for the past five years. (ABP/PNA)

com/angtangingdaan; and “Kakampi Mo Ang Batas”, a legal counseling and ne w s c om me nt ar y program at www.facebook. com/kakampimoangbatas. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@ yahoo.com.

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Lorenzo...

To recognize Labor Day is to empathize with the plight of our country’s workers. The President has his job to do, but it is an earnest wish that he would not overlook the prevalent issues concerning laborers and employees in the country, particularly those who haven’t been given their due and whose efforts are not properly compensated according to their worth. Still, there is always a chance for everyone to work together for good without advantages taken and rights deprived. It is one’s fervent hope though that the President does his job competently as much as the skilled and laborious hard workers.

Batas... from page 4

built the “Elorde Gym” empire, which has now branched all over the Philippines. Johnny and Liza also signed a historic agreement with the Sports Foundation of Papua New Guinea allowing “Elorde Gym” to train boxers in that country. -ooo CHARM, CONFIDENCE, APPROACHABILIT Y TYPIFIES LIZA: Liza is also credited of having convinced Sen. Manny Pacquiao to join Rotary International, first as an ordinary club member, and later on, as the charter president of a newlyorganized club, the Rotary Club of Manila Premiere. This Rotary Club has just been organized this year, yet it has already chalked up many firsts in Rotary service. I will not be surprised if Liza also had a hand in Pacquiao’s giving some US$250,000.00 cash donation to the Rotary Foundation this year, which made him a member of the highly elite and totally exclusive Arch Klump Society of Rotary International. Only Rotarians who have given a cash donation of US250,000.00 in any given year can become members of this group. I am sure it wouldn’t be difficult picturing Liza as the top Rotarian someday of District 3810 of Rotary International, which covers Manila, Pasay City, Cavite, and Occidental Mindoro. Surely, she exudes charm, confidence, and total approachability as a Rotary leader, which is very much unlike other pretenders who already assume an air of snobbishness even if they are absolutely nothing yet! -ooo WATCH “ANG TANGING DAAN”, “KAKAMPI MO ANG BATAS”, AT FB LIVE: Please watch “Ang Tanging Daan”, a round-the-clock Bible Exposition and prayer session at www.facebook.

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undersecretaries plus five former National Economic Development Authority (NEDA) directors-general, who released last January a joint manifesto stating that the tax reform plan would “cor re c t t he st r uc tura l weaknesses” of the country’s system and serve as a tool to decisively attack poverty and achieve inclusive growth. Signing the joint manifesto were ex-DOF Secretaries Cesar Virata, Jose Isidro Camacho, Jesus Estanislao, Roberto De Ocampo, Jose Pardo, Cesar Purisima, and Juanita Amatong; ex-NEDA chiefs Arsenio Balisacan, Emmanuel Esguerra, Cielito Habito, Felipe Medalla, and Romulo Neri; and former finance undersecretaries Romeo Bernardo, Cornelio Gison, Lily Gruba, Milwida Guevara, Jose Emmanuel Reverente, and Florencia Tarriela. Dominguez noted that the CTRP has been endorsed by multilateral institutions such as the World Bank, the International Monetary Fund, and the Asian Development Bank, by various business associations, foreign chambers of commerce, and civil society groups. (PR/ PNA)

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out for a title repeat, while Tabuena and Shin seek to relive their glory days at Lu is it a and L e w ton shoots for another major local championship after nipping American Johannes Veerman in a playoff to nail the Philippine Open crown at The Country Club last March. Lascuña wound up at joint 22nd in last week’s Yaengder Heritage in Taiwan, while Tabuena tied for fifth effort, making him the player to watch in this tournament. Also seeing action are locals Clyde Mondilla, 2015 champion Charles Hong, Frankie Miñoza, Jhonnel Ababa, Marvin Dumandan, Michael Bibat, Cassius Casas, Ferdie Aunzo, Mars Pucay and Rufino Bayron, as well as Japanese Toru Nakajima, Dutch Guido Van der Valk, Korean Park Jun Sung and Aussie David Gleeson. (Primo P. Agatep/PNA)

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the event’s chief backers, including ICTSI, BD O, KZG, Custom Clubmakers, Meralco, Sharp, Champion, Summit Mineral Water and PLDT. Expected to combine mental toughness and course management,Tabuena is in for a tough challenge this week with a crack field out to

PIA-10 intensifies ASEAN awareness in Bukidnon By Recthie T. Paculba

As an integral part in playing the country’s ASEAN role in promoting unity, cooperation and harmony, the Philippine Information Agency (PIA)-10 held the Multi-Sectoral and University Forum on April 27 in Malaybalay City and Maramag town, Bukidnon. With ASEAN, the country becomes “part of a community that gives a lot of opportunities for us economically, politically and socially,” PIA Director General Harold Clavite said. As the host country for the 50th anniversary of ASEAN, over 100 meetings will be held in the Philippines and this indicates that the country has the opportunity to showcase the best of what it can offer including the Filipinos’ hospitality, tourist sites, locally made products and diverse culture. Clavite also stressed the varied opportunities of being part of ASEAN and these include international scholarships, bigger market for the business sector, upheld rights and protection for migrant workers, and travel perks with the Open Skies Policy. Aside from ruling the seventh largest economy in the world that uplifted its member-countries, ASEAN has also helped the Philippines in overcoming calamities and disasters like bringing the first responders, ASEAN Humanitarian Assistance Centre, when Typhoon Yolanda hit the country. To further emphasize the benefits of ASEAN, Supervising Economic Development Specialist Rosann Dime of the National Economic and Development Authority (NEDA)-X said that they

foil his shot at the top USD 10,500 purse, including fellow local aces Tony Lascuña, Frankie Miñoza, Jay Bayron and Elmer Salvador along with Jhonnel Ababa, Mhark Fernando, Rufino Bayron, Gerald Rosales, Ferdie Aunzo, Cassius Casas, Orlan Sumcad and young turks Jobim Carlos, Justin Quiban and Ira Alido. A field of talented foreign shotmakers are also in the fold although they will not only be bracing for a showdown with the local aces but also the hot condition at one of the country’s toughest championship courses. Reigning Solaire Philippine Open champion Steve Lewton of England heads the foreign challenge, along with Americans James Bowen, John Catlin, Paul Harris and Brett Munson, Koreans Park Jun Sung and Kim Sung Wook of Korea, Ryoma Miki, Yuta Sudo and Shota Ishikawa of Japan, South African Mathiam Keyser, Canadian Lee Sang Gyun, Finnish Teemu Putkonen and David Gleeson, Rhett McIvor, Jason Dawes and Nathan Park of Australia. Dutch Guido Van der Valk is also raring to nail the elusive first win on the Philippine Golf Tour after blowing a number of title bids with late-round foldups. Others tipped to contend for the crown are Englishman Jake Shepherd, Thai Annop Tangkamolprasert, Japaese N a r u t o s h i Ya m a o k a , Bangladeshis Mollah Zamal, MD Shakha Sohel, MD Dulal Hossain, MD Jakir

are working on AmBisyon Natin 2040 which is created to be an anchor for development planning across administrations and a guide for engaging with international development partners. Dime also said that AmBisyon Natin aims to emphasize the widely-shared common vision for self and for the country, that motivation for aspirations is family, a comfortable life with the family— free of hardship and worry, and families create vibrant and resilient communities Meanwhile, Venus S. Villanueva of the Department of Trade and Industry discussed the Free Trade Agreements (FTA) saying that such will help maintain competitiveness, promote crossborder complementation, sustain inflow of investments, gain mutual support on issues of common interest and uphold benefit of consumers. Villanueva also said that with ASEAN, there is a high growth in service industries such as fast food chains, language tutorials, education, hospitals, tourism, technical vocational and call centers. With such growth, Villanueva stressed that there is a need to be modern and progressive but necessarily Western, and a common set of values for harmony and order. The ASEAN awareness activities of the PIA is designed to encourage togetherness among communities, increase public knowledge and promote understanding regarding the international community.(RTP/ PIA10)

Jakiruzaman and MD Ismail, and Indonesian Sujarwo. After Luisita, the tour heads to Orchard in Cavite on May 10-13 before Manila Southwoods hosts the next stop on May 17-20 while the Philippine Masters revival is set on May 24-27 at its home at the Villamor Golf Club in Pasay, capping a busy monthlong schedule in this year’s PGT calendar. (PNA)

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taking that needed next step. What the others cannot do, we are doing now,” stated the company. NGCP is also seeking the support of the public and its stakeholders, especially communities that will be traversed by the project. “NGCP underscores the magnitude and potential impact of this undertaking, not only to Mindanao, but to the country’s power stability. We want this completed on-time, making sure that quality of power transmission lines, facilities, and services is not compromised. NGCP needs the full support of the government, ERC, DOE, DENR, and the different local government units to ensure its timely and quality implementation,” added NGCP. NGCP is a Filipino-led, privately owned company in cha rge of operat ing, maintaining, and developing the country’s power grid, led by majority shareholders Henry Sy, Jr. and Robert Coyiuto, Jr.


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low salaries and contractualization amid the skyrocketing inflation. According to the Philippine Statistics Authority (PSA), Northern Mindanao has about 1.394 million workers, 40 percent of which are employed in the agriculture sector. For instance, most of the employees in the cities of Cagayan de Oro and Iligan, he said, are receiving only the current daily wage of P318 per day and KMU-NMR said this is not sufficient to provide for a family of five persons. “ That [P318] is not enough considering that study showed that a family of five here needs at least P1,119 daily to live comfortably,” Barros said. Meanwhile, Nicandro Borja, regional vice president of the Associated Labor Union-Trade Union Congress of the Philippines (ALUTUCP), said they are seeking an additional P168 pesos across-the-board salar y increase. For its part, the KMU is pushing for the P750 national per-day minimum wage. “With the increase in price of basic commodities, fare, education and other expenses, the P318 minimum wage is not enough for a family’s daily needs,” Borja said. Borja said that if the proposed increase is approved, the minimum daily wage would be P486, which is still within the poverty line. He said the expenses in Manila and other major cities in the country are the same as in Cagayan de Oro. “There is no difference wit h t he exp ens es and employers are saying that businesses will suffer and may shut down, but in reality, it is not, because the public will have more money to spend which will mean an increase in business,” Barros said. The KMU has also l amb aste d t he D ute r te government for not fulfilling on its promise, especially on the end of contractualization, which until now has been practiced by most business establishments. “Under the government of Duterte, contractualization is still prevalent, workers are still crucified to a cross of low wage, while poverty is spreading,” Barros said. He said President Duterte failed in his campaign promise in liberating the work force of the country from the chains of contractual employment. To date, 24.4 million workers or 63 percent of the country’s workforce have remained contractual. Barrosa said the labor department, through its Department Order 174, has perpetuated contract-based jobs, circumventing labor laws. “Workers should unite and empower themselves to fight for just compensation and protect their rights as workers,” he added.

“It’s a brave and long overdue decision considering the impacts of this kind of (open pit) mining to the environment,” Peliño-Golle told MindaNews. In a statement, Lopez said the total ban shall cover “open-pit method of mining for copper, gold, silver and complex ores.” She, however, clarified that quarrying will not be covered by the ban, as such method of extraction would be regulated, A quarry is an open-pit mine that produces building materials and dimension stones, such as granite, marble and limestone, among others. According to the environment chief, openpit mining “is a financial liability, poses risks to host communities and kills the economic potential of the community.” “I’d rather put a policy to ban it (open-pit mining) now that we do not have the technology for it yet,” Lopez said. Lopez also noted that most mining disasters in the country were due to the tailings spills associated with open pit mining. The history of Philippine mining, she added, would show that most open pits have ended up as “perpetual liabilities,” causing adverse effects to the environment because of the level of acidity in those areas. Lopez issued the open pit mining ban days before she would again face the Commission on Appointments (CA) on May 2. The CA has not confirmed her appointment as secretary of t h e D e p a r t m e nt of Environment and Natural Resources (DENR). Lopez drew controversy following her decision to close down 23 mines and scrap 75 mining contracts across the country. Peliño-Golle expressed hopes, however, that this time, the CA will confirm Lopez as DENR secretary. She described Lopez’s open pit mining ban as a big leap to save the environment from the claws of mining operations. If mining is allowed to continue, the government must ensure that environmental protection is put in place, said Peliño-Golle, adding that mining must also benefit local communities and the country’s economy, and

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not just mainly the investors. Lopez said the destructive nature and its potential for a disaster were the main reasons why she decided to impose a ban on open pit mining. In the Philippines, the ban on open-pit mining was first adopted by the provincial government of South Cotabato in June 2010, which hosts the largest undeveloped copper and gold reserve in Southeast Asia, in the municipality of Tampakan. The proponent of the Tampakan project, Sagittarius Mines, Inc. (SMI), plans to excavate the minerals using the open pit method. Based on SMI’s study, open pit is the most feasible method to mine mineral as they are near the earth’s surface. SMI has criticized the op en pit ban in S outh Cotabato, saying it will employ “responsible mining in extracting the minerals.” (MindaNews)

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The Aboitiz-led Pilmico Foods Corp., a flour milling comp any, was t he on ly company that committed to ship its product during the inaugural voyage. But Pancho said more cargo load is expected during the second voyage, following the interest of the companies to take advantage of the shorter route. “Actually, the Bitung side (exporters) has committed. There will be more after the second voyage,” he said. Shipment period for this route takes only about 1.5 to two days compared with five weeks for the DavaoM a n i l a - Ja k a r t a - B i t u n g route, Pancho said. The shipment cost of the Davao-GenSan-Bitung route is also cheaper at P34,713 per TEU compared with P109,098 per TEU for the Davao-Manila-JakartaBitung route. He u rge d t rad e rs to use this RORO route and s ou g ht help f rom b ot h governments of Indonesia and Philippines to relax the process of securing permits. He said they are asking the government here for a fuel subsidy to help sustain the operations. Products that can be e x p o r t e d t o In d o n e s i a include animal feeds, aqua products, charcoal, coffee beans, construction m at e r i a l s , c o p r a , f e e d

ingredients, fertilizers, food and beverages, fresh fruits, ice cream products, meats, peanuts, poultry (halal), soya, sugar, and synthetics. Gift toys, housewares, pharmaceuticals, and fresh fruits are restricted for now. But Pancho said they are still negotiating for fresh fruits to be exported, this being the primary export of Mindanao. Aside f rom Pi lmico, Trade s ecretar y R amon Lopez also named CDO Foodsphere Inc., San Miguel C o r p o r at i o n , Fr a n k l i n Baker, Unilever, FEMSA C o ca C ola, and ACS Manufacturing as among the large companies that have signified interest to use this route. He said the government sees a huge and vast potential “that will spell a big difference most especially to micro, small, and medium enterprises” to trade across the borders. The greater connectivity, Lopez said, will broaden the expansion of trade among t h e A S E A N c o u nt r i e s . (Antonio L. Colina IV / MindaNews)

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gratitude to the sponsors of the training. “This only shows that the military is one of the agencies of the government that look into the future of our tribal brothers,” he said in the vernacular. Diaz said the CLT was conducted in cooperation with the Army’s 403rd Infantry Brigade, 4th Infantry Division, the local government unit of Balingasag, the Technical Education Skills Development-Misamis Oriental, and the Department of Education through the Alternative Learning System. (Cris Diaz/PNA)

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Silangan Mindanao Mining Co., Inc.’s open-pit mine in Surigao del Norte. Philex Mining had so far invested P17 billion for the Silangan mine, which is still in exploration phase but expects to complete the feasibility study within the year. “There have been some initial development work for the project. It was initially underground mining so there was work there and there was also some work in respect of open-pit. And then we are at the stage of finalizing the definitive studies which, on completion, we will submit to the government for approval. And confirmation of the ECC (environment compliance certificate). If we are given all the relevant approvals, then we can proceed. But for now, that’s put on hold,” Mr. Pangilinan said. When asked if the company will challenge the Environment Department’s ban on open-pit mining in court, Mr. Pangilinan said: “We don’t know yet. We are reluctant to.” On Thursday, Ms. Lopez signed the order that will ban mines preparing to operate from using the open-pit method to extract metal ore. The administrative order, titled: “Banning the Open Pit Method of Mining Companies for Copper, Gold, Silver and Complex Ores in the Country,” claimed most open pits in the past “ended up as perpetual liabilities, causing adverse impacts to the environment.” To recall, the Silangan mine was one of the 75 mines, all still in exploration phase, whose mineral production sharing agreement was canceled by the Department of Environment and Natural

Republic of the Philippines 10th Judicial Region REGIONAL TRIAL COURT Branch 19 Cagayan de Oro City IN THE MATTER OF PETITION FOR ADOPTION OF MINORS, JOHN DAVE DELGADO AND MAE VON DELGADO,

SP-FMY-2017--081

SPS. DANIEL MCGINNIS- AND IRA ACAIN MCGINNIS, Petitioners. x- - - - - - - - - - - - - - - - - - -/ ORDER

In compliance with Section 7 of R.A. Act. No.10172/RA 9048, a notice is hereby served to the public that JOSEPHINE CABARONCABUNTAGON has filed with this Office a petition for CHANGE OF BIRTH DATE from SEPTEMBER 30, 1961 to AUGUST 30, 1961 and petition for Change of First Name) from MARIA JOSEPHINE to JOSEPHINE in the Birth Certificate of MARIA JOSEPHINE CABARON who was born on SEPTEMBER 30, 1961 at LARAPAN, LINAMON,LANAO DEL NORTE whose parents are JESUS B. CABARON and ANASTACIA REYES. Any person adversely affected by said petition may file his written opposition with this Office not later than _________________.

Finding the Petition to be sufficient in form and substance, the same is hereby given due course and forthwith let the Initial Hearing thereof be set on July 3, 2017 at 9:00 o’clock in the morning before this Court which is temporarily located at the City Tourism Hall, Cagayan de Oro City. Interested persons may file their opposition on or before the aforesaid date of hearing and to attend the hearing of this Petition. At the expense of the Petitioners, let this Order be published once a week for three (3). successive weeks in a newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental. In consonance with R.A. 8552 vis-à-vis A.M. No.02-6-02-SC, the Court Social Worker is hereby directed to conduct a Home Study Report on the adopting parents and a Child Study Report on the adoptee. She is also directed to conduct counseling sessions with the adopting and biological parents. The said report shall be submitted to this Court within SIXTY (60) days from receipt of this Order. Petitioner is likewise ordered to have all documentary evidence including their Judicial Affidavits along with those of their witnesses which shall be pre-- marked before the Branch Clerk of Court to establish compliance with jurisdictional requirements on June 23, 2017 at 2:00 o’clock in the afternoon. In consonance with A.M.12-8-8-SC (Judicial Affidavit Rule) vis-a-vis OCA Circular No:106-2012, Petitioners are hereby directed to submit their judicial affidavits at least five (5) days before the initial hearing, copy furnished the Public Prosecutor and the Office of the Solicitor General (OSG). IT IS SO ORDERED. Done this 12th day- of April, 2017 in the City of Cagayan de Oro, Philippines.

(SGD.) EDENITA R. MACAS Municipal Civil Registrar BWM: Apr 26 & May 3, 2017

(Sgd.) EVELYN GAMOTIN NERY Presiding Judge BWM: Apr 26, May 3 & 10, 2017

Republic of the Philippines Local Civil Registry Office Province : LANAO DEL NORTE City/Municipality : LINAMON NOTICE FOR PUBLICATION

11 Resources due to its proximity to a watershed. The Silangan project passed its first ISO 14001 annual audit conducted in April this year by Certification International Philippines, Inc. “The accomplishment means that Silangan maintains its ISO 14001 Certification, received on June 1, 2016. This also highlights the Project’s compliance with strict environmental management standards, during the provision of pre-mining development activities, and bodes well for its bid to commence mine development and commercial operations in the future,” Silangan Mindanao Mining President and COO Yulo E. Perez earlier said.

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

E X TRA J U D I C IAL SETTLEMENT OF THE ESTATE OF SIONY B. ANOR Notice is hereby given that the intestate of the deceased Siony B. Anor who died on November 08, 2016 in Naawan, Misamis Oriental; That the deceased, Siony B. Anor left real property, thus; Tax Dec. No. 0008-00039, situated in Patag, Naawan, containing an area of 100 SQM. Res. land ; 0008-00040, situated in Patag Naawan; containing an area 3.5 ha. Agr’l land; 000800005, situated in Patag Naawan; containing an area of 875 SQM. Res. Land; 0008-00449, situated in Patag Naawan;Building (Family Home); 0001-00554; situated in Laguindingan; containing an area of 194 SQM. Res. Land; 0007-00488, situated in Mat-1, Naawan; containing an area of 1.7 ha. Agr’l land. THE HEIRS OF THE LATE SIONY B. ANOR is the subject of EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF SIONY B. ANOR; is made and executed by and among PEDRO L. ANOR, of lawful age, widower and resident of Naawan, Misamis Or., Philippines, hereafter called the Surviving Spouse/Father; and KERSTIN B. ANOR, KIRK DUAINE B. ANOR, JANICE B. ANOR and JAMES FULTON B. ANOR, all of whom are of legal age, Filipinos, single, and residents of Naawan, Misamis Or., That the parties hereto, being all of lawful age and with full civil capacity to enter into contracts, have agreed to adjudicate the foregoing estate, thus; The balances of money in BDO Iligan Branch and in BPI Cagayan de Oro Branch shall be withdrawn by PEDRO L. ANOR for deposit in the name of the estete of Siony B. Anor in FICCO Naawan Branch; The Isuzu Utility Vehicle, with LTO Plate Nr. YHE 230 shall go to the Surviving Spouse/ Father Atty. Pedro L. Anor; and All parcels of land and building heretofore mentioned shall go to KIRSTEN B. ANOR, KIRK DUAINE B. ANOR, JANICE B. ANOR and JAMES FULTON B. ANOR in equal shares and co-ownership pro indiviso – the Surviving Spouse’ economic situations permit him to voluntarily waive his rights and interest therein.Under Notary Public of ATTY. IKE L. ROA; As per Doc. No. 345; Page No. 69; Book No. 06; Series of 2017. BWM: Apr. 26, May3 & 10, 2017


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