BusinessWeek Mindanao (May 5, 2017)

BusinessWeek MINDANAO

YOUR Mindanao-wide BUSINESS paper

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Volume VII, No. 146

Market Indicators As of 5:55 pm May 4, 2017 (thursday)

FOREX US$1 = P49.933

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Waste disposal MISAMIS Oriental’s Environment and Natural Resources Office (ENRO) continues its campaign on proper waste disposal, conducting information drive inside and outside the Capitol.

Per Memorandum Order JLM No. 2017-468A, all department heads are directed to dispose of their segregated wastes at the Materials Recovery Facility (MRF) situated at the Motorpool on the following schedules: Monday to Friday, 4:00pm to 4:30pm for the non-biodegradable: plastic cans, foil, Styrofoam, bottles, rubber, and paper. For the non-degradable such as fruits and vegetables peels, wet paper and tissue, will be on Tuesdays and Fridays at 4:00pm to 4:30pm.

Non-segregated wastes are not accepted in the MRF, the memorandum warned.

Hastening Halal Law DAVAO City -- Local halal industry players urged Thursday the Department of Trade and Industry (DTI) to fast track the completion of the implementing rules and regulations (IRR) for Republic Act 10817 or the Halal Export Development and Promotional Act. Malou Ampuan, of the Mindanao Islamic Chamber of Commerce and Industry (MICCI), said the IRR is a vital component in making Philippine halal products competitive in ASEAN and BIMPEAGA markets.

ASEAN stands for the Association of Southeast Asian Nations while BIMP-EAGA for the Brunei Darussalam, Indonesia, Malaysia, the Philippines - East ASEAN Growth Area.

“DTI must finish the drafting and finalization of the IRR. This is important to the halal industry in the country,” Ampuan said.

Warning vs fake drugs SURIGAO City -- The Department of Trade and Industry (DTI) Surigao del Norte provincial office has warned the public on the purchase and consumption of unregistered food products and food supplement.

DTI provincial director Celestino L. Negapatan said the directive is in connection with the Food and Drug Administration’s (FDA) Advisory No. 2017-110 issued on March 29, 2017 that warned the public on the purchase and consumption of the following products and food supplement: Unregistered Healthy Brain Pills; Unregistered Novo Puree Pure Bottled Water; and Unregistered Holista Calcium Citrate.

According to Negapatan, the FDA post marketing surveillance activities have verified that the abovementioned food supplement have not gone through the registration process of the agency and have not been issued the proper authorization in the form of Certificate of Product Registration pursuant to Republic Act No. 9711 otherwise known as the “Food and Drug Administration Act of 2009.”

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Revival of Iligan’s steel mill pushed www.businessweekmindanao.com

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Friday | May 5, 2017

By KRIS M. CRISMUNDO, PNA

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RESIDENTIAL Adviser on Economic Affairs Ramon Jacinto wants the country to have integrated steel mill to support industries, whether to revive the National Steel Corp.

(NSC) or have a new facility.

On the sidelines of the Infrastructure Congress and Expo Philippines 2017 in Pasay City Wednesday, Jacinto has emphasized the need to re-establish an integrated facility for steel production in the country, noting that the steel sector is “the rice” or a staple material for industries.

He also said that the revival of an integrated steel mill should be done in the current administration as President Rodrigo Duterte had seen the importance of the steel industry in job creation and economic contribution.

Jacinto said a Korean company was currently doing a feasibility study on the viability of NSC, the country’s only integrated steel mill, to be revived.

“It’s up to the study. If it makes sense to revive the national mill, fine. If it does not, then we put up another one,” the official said.

He said that it would cost about USD 3 billion to establish a new integrated facility.

But, it will be more cost-efficient to revive the NSC as it has the infrastructure and rolling technology. It will only need upgrading of its machinery.

The NSC is in Iligan City in Mindanao.

Jacinto also said that the government was also looking at new sites to develop the integrated still mill.

Reviving an integrated steel mill will also help in meeting the demand of 10.5 million tons in the local market, the official noted. Only two million tons of steel are domestically produced and the rest of the demand were imported.

“Even it’s cheaper to import, we should have our own,” Jacinto said. revival/PAGE 11

CLOUD 9. Foreign competitors head for the waves in Cloud Nine in General Luna, Siargao Islands, the country’s surfing capital, on May 2, 2017, a day before the start of the Siargao International Women’s Surfing Cup Qualifying Series 1,000. mindanews photo by roel n. catoto

Olympics stake draws 24 women international surfers in Siargao

By CHRIS V. PANGANIBAN, Contributing Editor

Top rated Filipino surfer Nilbie Blancada, a native of Siargao island, is all set to get the World Surf League qualifiers that will earn her a crack to the 2020 Tokyo Summer Olympics. chris v . panganiban

GENERAL LUNA, Siargao Island — A prize catch of making it to the 2020 Summer Olympics in Tokyo, Japan of which such popular water sport will make its debut has drawn 24 world-class female surfers to eagerly compete here at the 9th Siargao International Women’s Surfing Cup on May 2-6.

Event director Gerry Deagan said despite travel advisories after the Bohol terrorist threat incident, many top rank women surfers from across the globe went out of their way to join the five-day surfing competition after they learned that

the World Surf Council (WSL) has sanctioned it as a qualifying series for the Tokyo summer Olympics.

Host Mayor Jaime Rusillon is keeping his fingers crossed their 11 home-grown pride led by top bet Nilbie Blancada will make it to the Olympics qualifiers and bigger stake of bringing home to the country the first ever gold medal.

“This is not far-fetched that we can bring home the elusive gold (medal)after many decades,” Rusillon said. olympics/PAGE 11

Davao City’s tourist arrivals 3 Mindanawons among Top 10 bar surge by 13% in first quarter

By ANTONIO L. COLINA IV, MindaNews

DAVAO City -- Davao City tourist arrivals surged to 459,104 for the first quarter of 2017, higher by 13 percent compared to the 405,576 arrivals recorded during the same period last year.

Records from the City Tour is m Of f i c e (C TO) showed that the bulk of the visitors were domestic tourists at 423,714, followed by foreign visitors at 29,889, and “balikbayans” at 5,501.

CTO head Generose

Tecson told reporters during “Wednesdays’ at Habi at Kape” that “everybody looks to Davao as the place to go to and find out more.”

She said the city draws more tourists, this being the hometown of President Roa Duterte, who is the “top endorser.”

Tecson said they are launching tribal villages before the Kadayawan Festival in August as new additions tourist/PAGE 11

passers; 1st placer is from Bukidnon

By CAROLYN O. ARGUILLAS MindaNews

DAVAO City — The first placer and two other Top 10 passers of the 2016 b ar e x am i n at i ons are Mindanawons: Karen Mae L. Calam of the University of San Carlos in Cebu City (1st place), Athalia Briones Liong of the Andres Bonifacio College in Dipolog City (third place) and Justin Ryan Duque Morilla of the passers/PAGE 11

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Economy

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DOE chief pushes integrated energy-water-food programs

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UTUAN City -Department of Energy (DOE) S e c r e t a r y A l fon s o Cusi on Tuesday said integrate d energ ywater-food projects l i k e hy d r o e l e c t r i c dams is among the key strategy of the Duterte Ad m i n i str ati on i n achieving its sustainable development goals.

“The Department of Energy is encouraging the

integration of programs to develop renewable energy, water and food production,” Cusi said in a speech at the 10th anniversary celebration of the privatization of the 360 megawatt (MW) Magat Hydroelectric Power Plant (Magat HEPP) in Ramon, Isabela.

“I want this hydropower plant to serve as an example

of this energy, water and food undertaking.

This plant serves as a peaking power plant that is capable of providing ancillary services for the stability of the Luzon grid, and also irrigates 80,000 hectares of land to feed millions of Filipinos,” Cusi said.

The energ y chief conducted an aerial and technical inspection of the Magat HEPP and the

ongoing construction of the National Irrigation Administration’s 6 MW Magat River Integrated Irrigation System (MARIIS), which is targeted to be complete

by December this year.

“I am certain that it will benefit not only the 10 municipalities across three provinces: Isabela, Ifugao and Nueva Vizcaya, but the entire country,” Cusi said of

the two power plants.

He also said a strong partnership with the private sector is needed to produce 17,300 MW of additional power to support the country’s development by 2030 under Dutertenomics or President Duterte’s 1 0 - p oi nt e c onom i c agenda.

During the event, the Cusi invited Norway, through its ambassador,

Erik Forner, to invest more in the Philippines.

“More investments are needed. DOE will provide that environment conducive to business by ensuring reliable and sufficient power and more importantly, we need to protect the interest of the public.

That is the cornerstone of the Presidency of Mayor Duterte,” Cusi concluded.

(DOE/PIA-Caraga)

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Peace and development. Bangsamoro Transition Commissioner Mussolini Sinsuat Lidasan presents some updates on the Bangsamoro peace talks emphasizing the sixpoint peace and development agenda of the current administration. Commissioner Lidasan is one of the resource speakers in ASEAN Barangay Forum held in Baroy, Lanao del Norte on April 26.(RTP/PIA10)

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CorporateWorld

Italpinas plans to go into micro-townships C AGAYAN de Oro City-based listed firm Italpinas Development Corp. is considering going into the development of micro-townships, as it seeks to expand its property offerings.

Italpinas Chairman and Chief Executive Officer Romolo V. Nati on Tuesday said the company is currently looking into horizontal developments that will cater to the middle-income segment.

“Our idea now is to develop horizontal, to go into micro-townships. We are in advanced negotiations with two properties, one in the north and one in the Visayas (for the projects),” he told reporters.

Smart Communications franchise extended until 2042 PRESIDENT Rodrigo R. Duterte has signed into law the extension of Smart Telecommunications, Inc.’s franchise by another 25 years.

In a disclosure to the stock exchange on Wednesday, PLDT, Inc. said Mr. Duterte on April 21 signed Republic Act (RA) No. 10926, which renews Smart’s franchise until 2042.

“PLDT was formally notified today of the approval of the law by the Office of the President,” the listed telecommunications giant said.

The franchise extension will take effect 15 days after its publication in a newspaper of general circulation.

Smart’s original legislative franchise had expired on

March 27.

PLDT’s wireless unit is no longer required to conduct an initial public offering (IPO) under the new franchise law. The original franchise had required Smart to make a public offering of shares representing at least 30% of its authorized capital stock within two years of the law’s effectivity.

Under RA 10926, the provision on listing of shares was amended to include the phrase “unless the grantee is wholly owned by a publicly listed company with at least 30% of whose authorized capital stock is publicly owned.”

PLDT has maintained there is no need for a Smart extended/PAGE 11

The listed real estate d e vel op e r i s c u r re nt ly building the first phase of Primavera City in Cagayan de Oro City. The first tower of the project has already been sold out.

Italpinas is also securing permits for another development Miramonti in Batangas. The project will have 374 units with a sales value of around P1.3 billion.

Un it s i n t h e t w o developments are priced

between P2 million and P5 million each.

“We are targeting the Philippines from the North to the South,” Mr. Nati said, saying their developments offer a better environment and lower cost of living since they are situated in the provinces.

Meanwhile, Italpinas told the stock exchange its board of directors approved the reclassification of 100 million unissued common shares to

preferred shares. The board also approved the increase in authorized capital stock to P378 million from P178 million.

“Use of the proceeds will be for landbanking, for working capital, redeem some debt, business development, acquisition,” Mr. Nati said.

Asked for how much will be raised from the preferred share issue, Mr. Nati said it will be “below a billion.”

“The timeline should be

between June and August to issue (the shares),” he said.

The final terms of the reclassification of the shares will be disclosed once the company finalizes its articles of incorporation during the annual stockholders’ meeting this month.

Incorporated in 2009, Italpinas is a real estate developer that focuses on developing green buildings in emerging cities, mostly outside Metro Manila.

CASA MIRA SOUTH:

Cebu developer to build 3,200 homes REAL estate developer Cebu Landmasters Inc. (CLI) is building 3,200 economic subdivision units in this booming industrial hub in southern Metro Cebu.

“Casa Mira South aims to give more to the Filipino family,” said CLI President and CEO Joe Soberano who added that its latest project is an economic housing community that provides more amenities and more space for its homeowners.

According to Soberano, Casa Mira South will be located in a 32-hectare prop er t y showc asing a modern Filipino theme with traditional Filipino architecture incorporated in the house designs.

“As the city centers begin to crowd, a place in the periphery gives your family a breath of fresh air and a

more relaxing place to call your home,” said Soberano who explained that over 40 percent of the subdivision

is open space.

“Imagine rolling terrain uphill. The view of a growing casa mira/PAGE 11

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Opinion

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Toxicity can be found on social media, not much in CDO

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

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How to Live Right with a Wrong Husband Think a minute…A famous woman once said: “All marriages are happy, it’s living together afterwards that’s the problem!” Have you ever felt like you could be a great, loving wife—if you had the right kind of husband? Well, if you’re the wife who has the wrong kind of husband, then these 4 reminders are just for you.

Number 1 is our actions and behavior. It doesn’t matter how difficult your husband is to live with, he’s still not blind! He can’t ignore the way you behave— whether you’re good to him and treat him with respect or not. Don’t let him fool you, he’s watching the way you act and behave!

Numb er 2 is our appearance: how we look.

Of course, we need to be pure and loving in our heart, but don’t stop when you get to the outside! We need to care about how we look for our husband. So if at home you and I are looking like a messy, unmade bed all day, what husband wants to come home to that? So do all you can to look good—whether it’s your clothes, makeup, exercise or diet. Even an old shed looks better with new paint on it!

Number 3 is our attitude.

THINK

A Minute

Jhan Tiafau Hurst Do you have a gentle, quiet strength? You might say: “Wait a minute. I’m not t h at w e a k , s u b m i s s i v e wimp type!” Friend, I’m not talking about being weak; I’m talking about our attitude of inner strength and self-control that still s h ow s re s p e c t f or o u r husband. Remember, you and I can fix our faces up in 2 minutes, but our right attitude takes a lifetime to build!

And number 4 is the way you and I take care of our husband’s needs. Or are we too busy running here and there for other people, taking care of everyone else except our own husband?

Friend, if we do all these things that are right in our marriage, then God will bless hurst/PAGE 10

One post can derive countless interpretations.

There was a time when a local host of a broadcasting corporation which built its branch in CDO commented about her experience with nurses after confining her niece in one of the many hospitals in the city. She may not have expected an outcome before she posted on her Facebook account, but it led her to regret by the people’s drastic and unforgiving reactions.

Not long after, a journalist of a community newspaper published a tasteless statement regarding the employment of blue-collared workers. The same ordeal happened. The post was shared, and hateful comments were spewed in retaliation.

In the same year, a content editor of the website of a prestigious sectarian university in CDO expressed how his credit died when his work had been plagiarized by an amateur photographer.

An expression in a form of a

single important post could either impress or attack.

Some said it provoked the photographer to entertain su i c i d a l t h ou g ht s , but fortunately, he valued his life as much as he did to his photographs.

These cases all happened on social media, the internet’s virtual venue originally meant to connect people from all walks of life.

But a recent incident with a post that had gone viral on Twitter just before Labor Day, and the reactions that came after, defeated this purpose. The post, initially intended as an expression of opinion (but was regarded as a “protip [presumably a conjunction of ‘professional tip’]” by its user), reached Facebook when another user uploaded a photo of the tweet on the site. Rapidly, hateful comments came as reactions.

Like the host, the journalist and the photographer, the user must have experienced by now the toxicity on social media.

In context, the post mentioned about Cagayan de Oro City as “too toxic” for people to live in that it would be advisable for them to leave. While the one who tweeted it disclaimed later on that it was her opinion based on personal experience, the choice of words wasn’t received well by other people, particularly those who commented with vulgarity.

We r e t h e r e a c t i o n s justifiable? Prior to this, it’s also just to question its expressively opinionated label. Does Cagayan de Oro, a city that is lauded as the gateway to Northern Mindanao where people from neighboring regions visit for its unique heritage or immigrate for better economic or familial opportunities, deserve to be called “toxic”? Perhaps it is for those who lived through unpleasant experiences in the city. But it’s not fair to generalize the city as a whole by the experiences of a few.

Pensaber

Angelo lorenzo Moreover, CDO, apart from the fumes emanating from the pipes of occasional vehicles (as expected in an urbanized city), emits no toxicity in terms of livelihood, arts and literature, and youth empowerment. To mention a few: the CDOborn Dire Husi Initiative commits to rehabilitate drug dependents, stowaways, and juvenile delinquents through tribal arts and making a living out of handicrafts and p er for mances; t he Nagkahiusang Manunulat sa Lorenzo/PAGE 10

A Thankful Heart “Always give thanks to God the Father for everything in the name of our Lord Jesus Christ. “- Ephesians 5:20 As 2016 closes, we come to understand that GOD’s desig n for us is for a l l things good. All things positive. The world has a popular propaganda on this called “stay positive”.

It is in fact, inspired by t he biblic a l concept of “remaining in Him”. For in Him is all things bright and beautiful, as the poem says. All things bright and b e aut i f u l a re p o s it i v e , a n d m o s t e s p e c i a l l y, worth our thanksgiving.

1 Thessalonians 5:16-18 says, “Be joyful always; pray continually ; give thanks in all circumstances, for this is God’s will for you in Christ Jesus.” What “all” me ans is als o found in James 1:2 “My brethren,

count it all joy when you fall into various trials.”

THANKFUL IN VARIOUS TRIALS. Please don’t forget that the enemy spreads lies that GOD is the caus e of our trials.

Our challenges are results of our bad decisions, this is where we let the enemy in. But our go o d GOD turns ever y unfortunate event to an opportunity.

An opportunity to thank Him. So while the enemy uses our sin to bring us dow n, w hen we have a thankful heart, GOD lifts us out of the trial even more thankful.

W HAT HA P P E N S TO AN UNGRATEFUL H E A RT ? Wh e n we are happy, the more we want to be thankful. The more we seek for things to be thankful for. Knowing that we find this in GOD, we

seek Him through JESUS. In the contrary, when we have an ungrateful heart, we are unhappy. An unhappy heart thieves us from the good things prepared for us – so we get sick. We make more enemies than f r iends. We exp er ience f inancial lack. Nothing will ever be better for an ungrateful heart.

WHY IS A THANKFUL HEART GOD’S WILL IN US THROUGH JESUS? A thankful heart is a virtue, which by extension, makes us patient. Patience is very important as a Christian, because things are accomplished according to GOD’s perfect time. Not our time.

A thankful person attracts more to be thankful for, so says the disciplines of the world. Sadly, they removed GOD out of the

The Ripple

By AMBongay

pic ture. The one c aus e and source of things to be thankful for. In the coming year 2017, let us not forget to be thankful not only to the people around us or for the things we have. Let’s go back to GOD. Let’s go back to the CROSS and be thankful. Simply.

This inter pretation i s based on P tr. G erald Pangan’s preaching.

For Risa: who, really, is insane among us Filipinos?

LIFE’S INSPIRATIONS: “…

For the time will come when people will not put up with sound doctrine. Instead, to suit their own desires, they will gather around them a great number of teachers to say what their itching ears want to hear. They will turn their ears away from the truth and turn aside to myths…” (1 Timothy 4:3-4, the Holy Bible).

-ooo THE UNTHINKABLE HA P P E N E D I N T H E 2016 BAR EXAMS: The unthinkable in the country’s annual bar examinations has happened in the 2016 bar examinations. No law student from the prestigious law schools in Metro Manila managed to land even a single spot in the top ten list of highest scoring bar examinees, as students from

the provinces took all of the top ten spots.

Then, the number of passers from 2016 bar exams would appear to be another first in that, some 59 percent of the examinees passed. There were 6,344 who took the bar exams last year, and 3,747 of them passed, according to records released by the Supreme Court, through its 2016 bar chairman, Associate Justice Presbitero Velasco Jr. DZEC’s Vic Somintac forwarded the list of top 10 to me.

Here are the top ten passers: Karen Mae Calam, University of San Carlos (USC); Alanna Khio, Silliman University (SU); Fiona Lao, USC, tied with Athalia Liong, Andres Bonifacio College; Allana Babayen-on, University of San Agustin; Justin Morilla, Ateneo De

Davao University ; Mark Dave Camarao, Northwestern University; Anne Margaret Momongan, USC; Jefferson Gomez, USC; Nia Rachelle Gonzales, University of Batangas; Marie Chielo Ybio, SU; Andrew Stephen Liu, SU. -ooo F O R R I S A : W HO, R E A L LY, I S I N S A N E AMONG US FILIPINOS? Now, I am praying Sen. Risa Hontiveros can tell me: who, really, is insane and mentally deranged, or confused of mind among many Filipinos right now? I ask this to her because her pet bill about giving basic mental health assistance to Filipinos who are considered to have illness of the mind passed the Senate the other day, and would be forwarded to President Duterte for approval.

The point really is, who

K ak ampi

Mo A ng Batas

Atty. Batas Mauricio are the insane hereabouts today? Are they not those whose minds have been darkened, weakened, and are rendered murderous and criminal because of unabated illegal drugs use and abuse?

Are they not also those who refuse to see that the only way to effectively fight illegal drugs which cause insanity is batas/PAGE 11

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Banking&Finance

Bank looking PHL’s M3 slows down as bank EastWest to increase capital to lending remains strong sustain earnings growth

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HILIPPINES’ domestic liquidity, or M3, posted a lower year-on-year growth of 11.2 percent in March 2017 amid the faster expansion of outstanding loans of commercial banks.

Data released by the Bangko Sentral ng Pilipinas (BSP) Tuesday showed that M3 in the third month this year reached P9.5 trillion, b o oste d main ly by t he robust credit demand.

Of the total, domestic

Twenty-year-old Amber Ann Acaylar, a Social Science student of BSU Alubijid, is being crowned as Bb. Ulaliman 2017. Ulaliman is a barangay in El Salvador City, Misamis Oriental.

credit rose 15.8 percent, little changed from the 15.9 percent rise last February as loans extended to the private sector remained strong.

Loans extended by banks were mostly for real estate activities; manufacturing; wholesale and retail t r a d e, re p ai r of m otor vehicles and motorcycles; electricity, gas, steam and air-conditioning supply ; financial and insurance activities; and information and communication.

Those extended to the central government increased by 14 percent due to higher securities issuance and withdrawal by the national government (NG) of its deposits with the central bank to fund its requirements.

Net foreign assets (NFA) grew by 5.3 percent, in p es o terms last March, slower than the 7.2 percent expansion in the previous month.

BSP said foreign assets continued to remain high due to inflows of remittances and business process outsourcing (BPO) receipts.

Banks’ NFA position also rose due to higher loans, deposits with other banks, and placements in marketable debt securities, it said.

BSP Governor Amando M. Tetangco Jr. said growth of domestic liquidity “remains consistent” with the central bank’s inflation outlook and the economic activities. ”Going forward, the BSP will continue to monitor domestic liquidity closely to ensure that monetary conditions are conducive to maintaining price and financial stability,” he said.

Bank lending, excluding banks’ placements in the BSP’s reverse repurchase (RRP) facility, in the third month this year went up by 19.7 percent from the p r e v i o u s m o nt h’s 1 8 . 1 percent.

Including RRP placements, outstanding loans of commercial banks hiked by 18.4 percent from month-ago’s 17.5 percent expansion.

Production loans, which account for 88.6 percent of the total, went up by 18.5 percent from 17.6 percent last February.

Household loans rose 2 3 . 6 p e rc e nt f rom l ast February’s 24.6 percent, with increases registered across all sectors – credit card loans, auto loans, salarybased general-purpose loans and other household loans.

(PNA)

EAST WEST Banking Corp.

(EastWest Bank) plans to boost its capital to sustain the lender’s earnings growth momentum, top company officials said last week.

EastWest Bank ViceC h a i r m a n A nt o n i o C .

Moncupa, Jr. said the lender may have to increase its capital to P50 billion from the current P34.4 billion in the next two to three years to support its current growth trajectory.

“We’ve been growing by 20% in the last few years and we see no reason why we should break that tradition,” Mr. Moncupa said last week.

Earnings of EastWest Bank climbed 70% to P3.4 billion last year compared to the P2 billion profit it recorded in 2015, riding on the strength of consumer loans as the bank widened its branch network.

The b an k cont inues to evaluate how it will raise capital, including a stock rights offer, said Mr. Moncupa, who also noted in March that the lender may issue Tier 2 notes.

“If the economy continues to progress then there is room for growth. We hope to participate in it,” EastWest C h ai r m an Jon at h an T. increase/PAGE 10

PHL 10-yr T-bond rate reaches 4.75% AV E R AG E r at e of t h e P h i l ippi n e s’ 1 0 - ye ar Treasury bond (T-bond) rose to 4.75 percent during the auction by the Bureau of Treasur y on Tuesday, from 3.46 percent fetched on Sept. 6 last year.

This was, however, lower than the 5.09 percent in the secondary market after the morning session Tuesday.

BTr offered the debt paper for P15 billion and tenders reached P24.46 billion.

The auction committee made a partial award of P9.723 billion after the rate uptick.

National Treasurer Rosalia De Leon earlier said they expected the rate increase in line with normalization of interest rates in the US. Next week, the Federal Open Market Committee ( F OM C ) w i l l h av e it s rate setting meeting and probability of a rate hike has risen above 50 percent.

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Italpinas plans to go into micro-townships

I

TALPINAS Development Corp. is considering going into the development of micro-townships, as it seeks to expand its property offerings.

Italpinas Chairman and Chief Executive Officer Romolo V. Nati on Tuesday said the company is currently looking into horizontal developments that will cater to the middle-income segment.

“Our idea now is to develop horizontal, to go into micro-townships.

We are in advanced

friday|may 5, 2017

negotiations with two properties, one in the north and one in the Visayas (for the projects),” he told reporters.

The listed real estate developer is currently building the first phase of Primavera City in Cagayan de Oro City. The first tower of the the project has already been sold out.

Italpinas is also securing permits for another development Miramonti in Batangas.

The project will have 374 units with a sales value of around P1.3 billion.

Units in the two developments are priced between P2 million and P5 million each.

“We are targeting the Philippines from the North to the South,” Mr. Nati said, saying their developments offer a better environment and lower cost of living since they are situated in the provinces.

Meanwhile, Italpinas told the stock exchange its board of directors approved the reclassification of 100 million unissued common

shares to preferred shares.

The board also approved the increase in authorized capital stock to P378 million from P178 million.

“Use of the proceeds will be for landbanking, for working capital, redeem some debt, business development, acquisition,” Mr. Nati said.

Asked for how much will be raised from the preferred share issue, Mr. Nati said it will be “below a billion.”

“The timeline should be between June and August to issue (the

PVB inaugurates renovated Davao branch & WWII history wall

D

AVAO CITY – Philippine Veterans Bank is all set to inaugurate its renovated Branch on May 5, 2017 in time for the 72nd anniversary of the Liberation of Davao last May 3, 2017. The Bank’s invited guests include Mayor Sarah Duterte, Vice Mayor Paulo Duterte and Atty. Sonia S. De Los Reyes – Bangko Sentral ng Pilipinas (BSP) Regional Director.

On the side of the Bank, PVB Chairman & CEO Roberto F. De Ocampo, OBE and President and COO Nonilo C. Cruz will lead the inauguration rites.

The renovated branch is part of the Bank’s rebranding program following its “Bank with a Heart” campaign. The centerpiece is a World War II History Wall – 4 panels that tell the story of World War II in the Philippines with several

of the panels dedicated to local WWII historical events in Davao. The branch also has two (2) display cases that contain artifacts, paraphernalia, and memorabilia from the war which combined with the history wall, make a visit to PVB Davao almost like a trip to the museum. The history wall also has a panel with a display monitor that

continuously screens WW2 documentaries and photos.

PVB Davao, located along PVB Building CM Recto Street, Davao City, also sports a new façade with a large “V” that is not only a nod to the bank’s stockholders – the over 300,000 Filipino World War II veterans – but also a symbol of the aggressive outlook

that the bank has of the city. This aggressiveness is easily dispelled once inside the branch as the interiors convey a sense of comfort and homeliness.

Also expected to attend are the Officials of Veterans Federation of the Philippines, the Philippine Veterans Affairs Office, surviving World War II veterans of Davao.

shares),” he said.

The final terms of the reclassification of the shares will be disclosed once the company finalizes its articles of incorporation during the annual stockholders’

meeting this month.

Incorporated in 2009, Italpinas is a real estate developer that focuses on developing green buildings in emerging cities, mostly outside Metro Manila. -Arra B. Francia

ASEAN, determined to help small businesses, substantially conclude regional agreement PH successfully hosts first ASEAN Summit this year President Rodrigo Duterte, current chair of ASEAN, successfully led the convening of the 30th ASEAN Summit and Related Meetings on 29 April in Manila, the first of the two ASEAN Summits to be hosted by the country this year.

Pres. Duterte facilitated frank discussions on the deepening integration process in the 10-member association, as wel l as on rele vant regional and international developments. Leaders of ASEAN Member States (AMS) have strongly called for advanced cooperation in the region by staying true and steadfast to ASEAN’s processes of integration, innovation, inclusivity and connectivity.

“On the economic front, ASEAN must build the capacities of the micro, small, and medium enterprises (MSMEs) as engines of growth and nurture subregional cooperation in order to bring progress to those who deserve it the most – those who have the very least in our societies,” Pres. Duterte said.

He also stressed the role of the MSME sector as the backbone of the region’s economic integration leading to an inclusive, peopleoriented, and people-centered

ASEAN. The PH thematic priority on “inclusive, innovationled growth” for the ASEAN E c o n o m i c C o m mu n i t y sets the tone for an agenda of increasing trade and investments, integrating M SM E s i n t h e G l o b a l Value Chains (GVCs), and fostering an innovationdriven economy.

ASEAN RORO On 30 April, President Duterte and Indonesian President Joko Widodo launched the ASEAN Rollon Roll-off (RORO) DavaoGeneral Santos-Bitung route, the connectivity set to benefit Filipino producers, especially Mindanao and Palawan as they grow their businesses and link their markets in Bitung and the rest of Indonesia.

Products that can be exported to Indonesia include animal feeds, aqua products, charcoal, cof fee b eans, construction materials, copra, feed ingredients, fertilizers, food and beverages, fresh fruits, ice cream products, meats, peanuts, poultr y (halal), soya, sugar, and synthetics.

This sub-regional cooperation can spur more investments and thus can help improve the quality of asean/PAGE 10

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NBA: LeBron scores 39, Cavaliers dominate Raptors 125-103 in Game 2 LeBron James scored 39 points as the Cleveland Cavaliers beat the Toronto Raptors 125103 in Game 2 of their Eastern Conference semifinal series on Wednesday.

James overtook the Hall of Fame center Abdul-Jabbar on the career playoff scoring list with a 3-pointer in the third quarter.

The king, who now has 5,777 career playoff points, only trails Michael Jordan (5,987) in NBA history.

“I’m just playing in my zone. I know what they want to take away.

I know what I want to try to get to with our team. My teammates did a great job of feeding me, and I’m the one who’s got to knock

down the shots, so I just trust in my ability, and I was able to make a couple of plays and help us get this win,” James said after the game.

Kyrie Irving had 22 points and 11 assists and Channing Frye scored 18 points for the Cavaliers, who are 6-0 so far on the way of defending their title.

Jonas Valanciunas led the Raptors with 23 points. All-Star DeMar DeRozan, who didn’t make his first field goal until the first minute of the fourth quarter, only got 5 points. Kyle Lowry had 20 points and 5 assists. Serge Ibaka finished with 16 points.

Game 3 is Friday night at Toronto’s Air Canada Centre.

(Xinhua)

Lawmakers ask basketball federation to allow Sikh players wear turban during games Two top Democratic lawmakers on Wednesday urged a top sports body to change its discriminator y polic y against Sikh players that requires them to remove their turbans during a game.

The appeal by C ongressmen Joe Crowley and Ami B era comes ahead of the International Basketball Federation’s (FIBA) long-awaited decision on the discriminator y polic y requiring players to remove articles of faith, such as turbans, during a game.

FIBA is expected to announce its decision this week after many years of campaign led

by Crowley and B era on behalf of athletes who wear articles of faith.

“People throughout the US and around the world know that athletics, including basketball, are a way of bringing people together. Children and youth of many different faiths and backgrounds have long met on the playground to exercise and compete while building camaraderie, resilience, and friendship,” the two lawmakers said in a letter to FIBA. “As you know, Sikhs and others have participated successfully in basketball competitions here

7 Syndy Domingo – ladies’ pride in Oro circuit racing

Sports/Feature

in the United States, including NCAA players at the college level. Sikhs and others have also participated in Federation Internationale de Football Association (FIFA) matches without any problems,” Crowley and B era wrote.

After nearly three years of review, Crowley and B era exuded confidence that FIBA will see the wisdom in the reversal of its existing polic y, and ensure that basketball will continue to be the unif ying sport it is intended to be.

FIBA’s discriminator y polic y came to light in 2014 when two Sikh players were told by referees that they must remove their turbans if they were to play in FIBA’s Asia Cup. The players, who had always played in turbans, were told that they were in violation of one of FIBA’s official rules, which states, “Players shall not wear equipment (objects) that may cause injur y to other players”.

However, there is no evidence that a Sikh turban poses a threat to cause injur y, and other sports leagues, such as FIFA and the National C ollegiate Athletic Association (NCAA), allow athletes wearing turbans to participate.

(PTI)

I

Story by MARK FRANCISCO

T’s rare to find a female motorcycle racer in the country. It’s rarer to find one who is still 19 and who looks like your regular tweetum college student. Yet that’s exactly who Syndy Domingo is.

Syndy may not be as voluptuous as her namesake Kim Domingo yet she is definitely the most adored in her league. Every circuit where she races, Syndy is showered upon with verbal accolades, egging her to level up more, honing both her confidence and the much-needed talent in this men’s world.

For motorcycle circuit racing is not gender-biased. It is gender-mixed.

Thus, women are allowed to compete alongside men.

Surprisingly, Syndy pulled off some awards. Like the fourth spot she clinched in the 3R Motor Circuit Competition which was held in Iligan City in September 11, 2016. That provided an avenue of hope that women circuit racers can still outshine the strongest and the most cunning of motorcyclists in the track.

Yet Syndy still looks more of a girl than a woman. In this interview, Syndy recalled the first time she wanted to race.

It was during her

sixth grade vacation in her hometown in Libona, Bukidnon that she admired her cousin Virgilio crisscrossing the family farm towards downtown and back.

At the meagre age of 13, Syndy asked her cousin to try the motorcycle by herself. And she instantly fell in love with the two-stroke KMX motorcycle.

Virgilio, who has racer-friends in town, would later introduce Syndy to the all-boys group.

There and then, Syndy became one of the boys.

That’s true. Syndy has really no close

female friends yet she’s not boyish.

In fact, she’s a fashionista and she wears glamorously when not on the track. (She even joined a fashion show way back in 2016 during an opening of a local boutique at Centrio.)

While witnessing underground drag races back home in Libona and here in Cagayan de Oro, Syndy was slowly encouraged to really try the stuff and join circuit races. And so her baptism of fire was in her own hometown of Libona last October 3, 2012 when she joined the Araw ng Libona

Flat Track. She was not among the top placers yet that activity cemented her passion to hone her desire more.

Fast forward to 2017, Syndy will be the lone representative from Cagayan de Oro who will join the prestigious 2017 UBK/PSR Circuit Racing to be held this June 8 to 9 at Clark International Speedway in Pampanga.

Aside from being the pride of Northern Mindanao, Syndy is also the pride among all women here. Support her we must! And to Syndy, the best of luck!

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Billboard

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CeBIT Australia’s 2017 PitchFest finalists announced Australia’s next generation technology innovations go head-to-head at CeBIT PitchFest

S

ome of Australia’s most promising technology start-up companies have been announced as finalists in CeBIT Australia’s PitchFest, a competition allowing entrepreneurs to give a creative pitch to a panel of successful business owners and technology experts.

Held on day three of Asia Pacific’s largest business technology conference and exhibition at ICC Sydney on 25 May 2017, CeBIT PitchFest offers entrepreneurs practical realworld pitching experience, and the chance to receive feedback from world leading entrepreneurial experts and key influencers, including senior representatives from TiE Sydney.

The coveted start-up organisations have the ability to transform how we live and do business; the CeBIT PitchFest 2017 finalists are: Inkerz: bringing the internet of things to education, Inkerz utilises cutting-edge technology to bridge the gap between a notepad and the computer to increase the effectiveness of online learning ​ L ook Who's Charging: simplifies the search to find which company has charged your credit card, set to reduce the hours customers spend on the phone to banks making enquiries Rivuu: changing how social media content is created, approved and scheduled, Rivuu streamlines social media work processes for faster turnaround times for agencies and businesses Sound Scouts: a game designed to test the hearing of children, especially around the time they start school

CeBIT 2016

Share with Oscar: dubbed the ‘Airbnb for parking’, this is Australia’s first real time, on-demand, parking application that facilitates the rental of private parking spots Hosonto Middleware: an end-to-end development platform for web and mobile applications that utilise patent pending Automated Model View (AMV) framework to allow developers to focus on user interface and business logic KeyHub: key storage facilities that allow short rental accommodation hosts to safely store and swap keys with guests in a secure and convenient location ​A rludo: a gamification app that combines augmented reality and play to empower teachers to teach STEM subjects and encourage students to engage and learn Ontoto: an advanced water monitoring solution to measure water level and temperature, designed and made in Australia ​ S mart Grid Energy: a unique solar power metering system developed by Enopte to address the rising costs of power. The system is free to access and can save users up to 30% on costs with

access to demand management controls and detailed information on energy consumption and generation NSW Minister for Industry, Niall Blair, congratulated the finalists noting eight of the ten finalists hail from NSW. "Congratulations and best of luck to these 10 groundbreaking Aussie companies which demonstrate the breadth and excellence of our start-up community.

"Eight of the 10 companies are based right here in NSW, including a great regional company Ontoto from Moss Vale which is a leader in water monitoring technology.

"Our dominance at PitchFest shows that NSW remains the nation's leader in start-up activity with over 40 percent of start-up founders in Australia coming from this great state.

"The NSW Government's support for CeBIT Australia and for our start-up industry will continue to grow our state's global reputation as a technology industry leader," said Mr Blair.

Harvey Stockbridge, Managing Director of Hannover Fairs - organiser of CeBIT Australia, commented on the importance of creating opportunities for

entrepreneurs, allowing them to showcase their innovations and ensure the competitiveness of our industries, services and skills on an international stage.

“CeBIT PitchFest has a proud history of unearthing and supporting Australia’s leading technology startup companies including ingogo, Mathspace and NetHealth. In 2017 the competition is stronger than ever before, reflecting the strength of Australia’s entrepreneurial community.

“It is inspiring to think how the innovations developed right here in Australia, have the potential to transform how the next generation of Australian’s live,” said Mr Stockbridge.

Previous winners of CeBIT PitchFest have gone onto become multimillion dollar, multi-national companies.

Previous winners include ingogo, which can now be seen installed in thousands of taxis across Australia, Mathspace which has grown phenomenally in just a few short years to be available in over 20 countries and NetHealth which has grown over 150 percent since winning PitchFest in 2016. www.cebit. com.au/startup/

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Senator Alauya Alonto Cup 2017 Empress... from page 12

the youngest: The descendants of the the late Senator Domocao Alonto or the Team Pioneers came in with their spectacular 1930s attire; the descendants of Hadja Naima or the Team Monarchs wore the 1960s; the children and great grandchildren of the late Lanao del Sur Governor, former Commission on National Integration Secretary and Ambassador to Libya and Malta, Amb. Madki Alonto or the Team Warriors entered with their 1940s fashion wear;

the family of the late Datu Masiding Alonto, Sr. or the Team Spartans with the raving 1920s; the descendants of the only surviving heir of the Senator, former Lanao del Sur Governor Princess Tarhata Alonto-Lucman or the Team Royals came wearing the 1970s fashion; the descendants of Datu Madrigal Alonto or the Team Titans wearing proudly the 1950s and the Family of Sobaida Alonto or the Knights with 1980s.

It was a night not only of fashion but also of talent. The entire event was emceed by Atty. Abdulgaffur Madki "AG" Alonto II. The

(Photo Credit: Bon Aserios)

spectacular event would not have been possible if not for the organizing committee with the following members: Ms. Alia Alonto Balindong, Ms Junaynah Alonto-Macalbe, Atty. Aisha Bruneiry Alonto.

Among the notable family members present during the cup are the following: Lanao del Sur incumbent Governor Bai Soraya Bedjoria Alonto Adiong, Lanao del Sur Vice Governor Bombit Alonto Adiong, Mindanao Development Authority Secretary Datu Abul Khayr Alonto, Philippine Ambassador to Saudi Arabia and Yemen Atty. Adnan

Alonto, ARMM Regional Vice Governor Haroun Al-Rashid Alonto Lucman, Lanao del Sur 1st District Representative Congressman Hooky Alonto Adiong, Philhealth Region 10 Vice President Datu Masiding Alonto, Jr., Former Lanao del Sur Vice Governor Normalah Alonto Lucman, Former Mindanao State University System President Dr. Ahmad E. "Jun" Alonto, ARMM Assemblymen Zia Alonto Adiong & Yasser Alonto Balindong, Former ARMM Executive Secretary Atty. Naguib Sinarimbo, Datu Maulana Bobby Alonto, Datu Akira Alonto, Board Member Che Alonto Balindong, ARMM DAF Secretary Boyet Alonto, Former Maguindanao Governor Gani Biruar, Former DFA Region 10 Director Amer Alonto, ABC President Toxi Alonto Disomimba Lucman, Former DFA Cagayan de Oro Head Datu Abdulhalim Langco, Former ARMM Tourism Secretary Asnawi Alonto, ARMM DAR Assistant Secretary Boy Alonto Mamainte, Datu Ambrosi Alonto, Datu Abdulnasser Alonto, Datu Aminullah Lucman, Datu Norodin Alonto Lucman and Engr. Jun Mamainte.

The names of the children of Sultan sa Ramain Senator Alauya Alonto are the following: Senator Domocao

ARMM Assemblyman Zia Alonto Adiong (Photo Credit: Bon Aserios)

Alonto, Hadja Naima AlontoTocalo, Gov. Madki Alonto, Datu Masiding Alonto Sr., Gov. Princess Tarhata AlontoLucman, Datu Madrigal Alonto, Sobaida Alonto.

The notable in-laws to the Senator Alauya Alonto Family are as follows: the Late Congressman and Sultan Paramount of Mindanao and Sulu Haroun Al-Rashid Lucman, the late Lanao del Sur Governor Mamintal Mike Adiong Sr., Former Deputy

(Photo Credit: Bon Aserios)

(Photo Credit: Bon Aserios)

(Photo Credit: Bon Aserios)

(Photo Credit: Bon Aserios)

Speaker Congressman Pangalian Balindong, Former Maguindanao Governor Gani Biruar, Former DPWH Undersecratary Engr.

Baliamen Mamainte, the late LTP Speaker Saripada Pacasum Sr., Former ARMM Executive Secretary Atty.

Naguib Sinarimbo and Mayor Aslanie Balt.

It was an honor for me to be invited as a guest; moreover, a judge to such a big and beautiful family.

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Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12th Judicial Region Branch 07 Tubod, Lanao del Norte HEIRS OF JOAQUIN A. ALMARINES CIVIL CASE NO. 07-796 Represented by: GARCIA GRACE A. MADELO, — for —

Plaintiff, Annulment of Deed of Sale — versus — and Recovery of Possession of Real Property and Damages EMMA R. GAITA,

Defendant. x- - - - - - - - - - - - - - - - - - -/ SUMMONS BY PUBLICATION TO: EMMA R. GAITA Santo Nifio Viiiage, Baroy, Lanao del Norte GREETINGS! WHEREAS, on April 7, 2017, the Court issued an order granting the petitioner’s Motion for Leave of Court to Serve Summons by Publication, the dispositive portion of which reads as follows:

“Finding the same to be well taken and in Order, the plaintiff is directed to effect the service of summons by publication to an accredited publication of this Court for respondent Emma M. Gaita at the expense of the plaintiff” WHEREAS, Complaint reads:

“COMPLAINT

COMES NOW the Plaintiff, by counsels, and unto this Honorable Court, most respectfully avers:

THE PARTIES

1.

Plaintiff, is of legal age, married, resident of Zone Cancer, Brgy. Suarez, lligan City, where she may be served with summons and other court processes; 2. Defendant, on the other hand, is likewise of legal age, married, resident of Santo Nino Village, Municipality of Baroy, Lanao del Norte, where she may be served with summons and other court processes; CAUSE OF ACTION 3.

The Plaintiffs HEIRS OF JOAQUIN A. ALMARINES is represented by GARCIA GRACE A. MADELO, by way of Special Power of Attorney, of which a copy is hereto as Annex “A”; 4.

The Plaintiff is the lawful owner of a parcel of land sold by NICANOR F. AGUILAR, M.D., of legal age, married, with residence and postal address at Municipality of Baroy, Lanao del Norte, to JOAQUIN A. ALMARINES, of legal age, married, resident of Municipality of Baroy, Lanao del Norte, by way of ABSOLUTE DEED OF SALE OF UNREGISTERED LAND UNDER CERTAIN CONDITIONS, DATED MARCH 16, 1963 involving ONE THOUSAND TWO HUNDRED (1,200 sq. m.) SQUARE METERS, more or less, located in the Municipality of Baroy, Lanao del Norte, A copy of the ABSOLUTE DEED OF SALE is hereto attached as part hereof as Annex “B”; 5. On July 24, 1971, upon full payment of the selling price of One Thousand (Php 1,000.00) Pesos, EMETERIO G. MARTIN and JOAQUIN A. ALMARINES executed a final DEED OF ABSOLUTE DEED OF SALE OF PORTION OF REGISTERED REALTY involving a parcel of land with an area of One Thousand Two Hundred (1,200 sq. m.) Square Meters and covered under Transfer Certificate of Title No. T-7521, registered in the name of EMETERIO S. MARTIN, situated at the Municipality of Baroy, Lanao del Norte. The copy of the same DEED OF ABSOLUTE SALE aforesaid and Transfer Certificate of Title No. T-7521, are hereto attached as part hereof as annexes “C” and “D” respectively;

6.

From July 24, 1971 up to November 16, 1985, the plaintiff exercised ownership and possession of the same property and from November 17, 1985 up to October 5, 2007, the plaintiff continue exercising ownership and possession of the same property by way of authorizing and/or assigning Mario Papasin as caretaker of the same property;

7.

Spouses Joaquin Almarines and Cayetana Almarines died in 2007 and 2014 respectively. Photo copies of their Death Certificates are hereto attached as part hereof as Annexes “E” and “F” respectively; 8.

On December 14, 2005, the same Emeterio G. Martin unlawfully, without legal basis and without the consent and authority of the plaintiff, sold to Defendant Emma R. Gaita a portion of the aforesaid plaintiff’s land consisting of FOUR HUNDRED TVVENTY FOUR (424 sq. m.) SQUARE METERS, as shown in the copy of the DEED OF SALE which is attached as part hereof as Annex “G”; 9.

The plaintiff as the lawful owner of the aforesaid property has been paying the corresponding real property taxes. Copies of the Declaration of Real Property for 2015 and 2014 are hereto attached as part hereof as Annexes “H” and “I” respectively;

10. Upon the death of Joaquin Almarines in January 2007, the defendant, without the consent and authority of the Plaintiff and by use of force, violence, intimidation, stealth, threat and strategy, unlawfully and without legal basis, deprived the plaintiff of her ownership and possession of the same property by occupying not only the subject of the Deed of Sale involving an area of 424 square meters but the entire property of the plaintiff which is ONE THOUSAND TWO HUNDRED SQUARE (1,200 sq. m.) METERS by driving out plaintiff’s caretaker Mario Papasin from the same property; 11. The defendant continues to possess same plaintiff’s property up to the filing of this complaint. A copy of the Affidavit of the wife of Mario Papasin is hereto attached as part hereof as Annex “J”; 12. Consequently, the plaintiff filed a complaint against the defendant before the Office of the Barangay Chairman of Brgy. Sto. Nino Village, Municipality of Baroy, Lanao del Norte;

13. Unfortunely, on the scheduled date, the defendant failed to appear in the office of the Punong Barangay, Municipality of Baroy, Lanao del Norte. Thereafter, the Punong Barangay issued a Certificate to File Action, a copy of which is hereto attached as part hereof as Annex “k”;

14. Because the defendant unlawfully and without legal basis deprived the plaintiff of their ownership and/ or possession of the same property, the plaintiff suffered from moral shock, besmirched reputation, sleepless nights, wounded feelings, anxiety and untold worries. Therefore, the defendant should be held liable to pay the plaintiff moral damages in the amount Fifty Thousand (P50,000.00) Pesos; 15. In order to serve as a deterrent to the defendant and others not to repeat or emulate similar act or acts. the defendant should be held liable to pay the plaintiff exemplary damages of Fifty Thousand (P50,000.00) Pesos; 16. And, as the plaintiff was forced to engaged the services of a lawyer to seek judicial recourse to assert her right on the same property, the defendant should be held liable to pay the plaintiff attorneys fees in the amount of Fifty Thousand (P50,000.00) Pesos and appearance fee of One Thousand Five Hundred (P1,500.00) Pesos per appearance in court; and actual cost of suit.

PRAYER FOR RELIEF WHEREFORE, premises considered, it is most respectfully prayed of the Honorable Court that, after due notice and hearing, a decision be rendered: 1.

DECLARING the Deed of Sale between Emeterio G. Martin and Defendant Emma R. Gaita, dated December 14, 2005, NULL AND VOID; 2.

Ordering the defendant to vacate the property and turnover andior deliver the same to the plaintiff; 3.

Ordering the defendant to pay the plaintiff: Moral damages of P50,000.00; Exemplary damages of P50,000.00; actual cost of suit of P15,000.00; attorney’s fee of P50,000.00 and P1,500.00 per appearance in court.

Other relief just and equitable under the premises are likewise prayed for.

Respectfully submitted.

15 August 2016, Iligan City, Philippines.

DEMOSTHENES R. PLANDO BASHER T. MACAPADO Counsel for the Plaintiff Suite 308, Counsel for the Plaintiff Abalos Building Aguinaldo St., lligan City Suite 309, Abalos Building PTR NO. 6668932 01-05-16 IC Aguinaldo St., Iligan City (BP OR # 944441 12-18-15 PTR NO. 6667745 01-16-16 Lanao del Norte - lligan City Chapter 1BP NO. 944327 12-16-15 Roll No. 46204 Lanao del Norte - Iligan City Chapter MOLE Compliance No. Roll No. 39873 V-0000097 06.05.2013 MCLE No. VI-0000304 7-18-2016

NOW THEREFORE, the above-mentioned Respondent is hereby summoned and required to file with the Clerk of Court, Regional Trial Court, Branch 07, Tubod, Lanao del Norte, Philippines, his ANSWER to the abovequoted petition within sixty (60) days from publication of the summons and to serve copy of the said answer upon petitioner’s counsel at his given address indicated in the petition. Respondent is further reminded of the provision in the 1BP-OCA Memorandum on Policy Guidelines dated March 12, 2002 to observe restraint in filing a Motion to Dismiss and instead allege the grounds thereof as defenses in the Answer.

Tubod, Lanao del Norte, April 10, 2017.

BWM: Apr 28, May 5 & 12, 2017

(Sgd.) FLORENCE O. POROCHO OIC, Cleck of Court

Hurst... from page 4

and reward us. But you and I must trust God to change our husband. And if you’ll ask Jesus Christ to forgive you for all your wrongs in your marriage, and ask for His power to change, your love and example will begin to influence your husband to want to change. Then, you’ll be on your way to living with the right kind of husband! Just Think a Minute…

Increase... from page 5

Gotianun said.

OPEN TO INVESTORS EastWest is also open to take in a new strategic investor and is on the prowl for potential acquisitions, Mr. Moncupa said. Last year, it took over the retail banking business of foreign lender Standard Chartered Bank in the Philippines. “The bank, just like any responsible institution, will have to consider all possibilities good for stockholders,” he said.

EastWest Bank has been reaping the fruits of its expansion to become the seventh largest bank in terms of number of branches. In the last five years, it has grown its network to 445 at the close of 2016 from 168 in 2011.

The Gotianun-led lender is one of the most consumerfocused universal banks in the country with consumer loans for cars, housing, and credit card debts taking up 68% of its total loan portfolio in 2016.

“We’re trying to realize more of t he p otent i a l.

The base has been built substantially, the physical stores and other investment necessar y to deliver the products and services,” Mr. Gotianun said.

EastWest Bank is part of Filinvest Development Corp., the holding firm for the Gotianun family’s businesses including property, power and sugar.

Lorenzo... from page 4

Cagayan de Oro (NAGMAC) aims to fill in the pages of Philippine literature by the works of Kagay-anon poets, fictionists, essayists, and literary artists; and the Oro Youth Development Council is composed of youth leaders who handle the initiative to address the concerns of the youth community.

But to consider fairness is to also look into the situation of the one who labelled it. The choice of words may have been wrong, but beneath a statement is a deeper reason unknown to some. It’s not entirely right

to judge a person based on a single fault, because after all, everyone can be flawed.

Hate is primarily a flaw.

Everyone can learn about what happened to journalists and politicians during the national elections last year, particularly on social media where attacks have become rampant and conflicting views turned into cases of cyber bullying. Social media can be a venue for connection and communication, but is also one for expression which may divide interpretations and impressions. It is a universal right for everyone to be entitled to their opinions, but that privilege does not exempt anyone from ethics.

Social media ethics involve responsibility. Post what you know and share what you feel, but always be reminded that everything done has its consequences. Free speech has that, too. But despite its freedom, it has its costs.

The host knew of it after she called the nurses lazy.

The journalist did, too, after he lambasted professionals who waited tables and sold in supermarkets as demeaning.

The editor could have chosen the right words to say about the photographer, and the same should have gone with the recent incident. The intention can be acceptable, but the way it is being conveyed must involve responsibility.

The value should also be practiced by the ones who reacted.

It is a need to be reminded that many do not share the likeness of mind or the unity of thought. Mindless expressions, as well as aggressive reactions are among the downsides found on social media. They can be more toxic that the fumes from vehicular pipes.

ASEAN... from page 6

life of people.

ASEAN External Relations Recognizing the changing geopolitical and economic landscape, ASEAN Leaders deliberated on the role of the region as a network of countries working together towards the stability and prosperity of its people.

A SE A N h a s g row n by around 5 percent a year for nearly two decades and has endured difficult economic and financial crises.

C ol l e c t ive ly, am i d st uncertainties, ASEAN must demonstrate a concrete plan of action for preserving a robust global economic system of which we have been a major beneficiary, according to President Duterte.

“We must continue to work with our economic

partners if we are to succeed in integrating our region into the global economy”, he added.

A milestone year, 2017 also witnesses commemoration of 40 years of relations between ASEAN and Dialogue Partners, Canada, the European Union and the United States. ASEAN is also celebrating its 25th anniversary with India.

Regional economic partnership “ T h e e c onom i c an d political juncture at which we find ourselves emphasizes a responsibility for maintaining open and market-driven economies, in order to ensure that regional and global growth and development continues to move forward”, said Trade Secretary and chair of the ASEAN Economic Ministers Meeting Ramon Lopez.

With rising protectionist and anti-globalization views, the substantial progress and eventual conclusion of the negotiations is necessary in order to maintain momentum of the region’s growth.

Specifically, PH shares the desire of all Parties to bring the Regional Comprehensive E c o n o m i c Pa r t n e r s h i p (RCEP) negotiations to a substantial conclusion this year. However, President Duterte said that despite the urgency, ASEAN “should not sacrifice quality and the long-term economic gains that will be realized under an expanded and integrated market that accounts for about half of the world’s population, a third of global income, and a quarter of global exports.”

RCEP is a reflection of ASEAN's thoughtful and deliberate process towards e c o n o m i c i nt e g r at i o n , according to Sec. Lopez.

“It has now become imperative for ASEAN to show its political willingness to move RCEP forward, which will expand the current ASEAN market of about 600 million to an even greater market of 3.5 billion with ASEAN and its six Dialogue Partners,” the trade chief said.

Sec. Lopez also underscored that “it is important for RCEP to be inclusive and forwardlooking – by integrating MSMEs in the GVCs, as well as secure improved market access for goods and services for businesses in the region.”

The PH economic inter ventions in the Summit are anchored in Dutertenomics, which sums up Pres. Duterte’s socioeconomic agenda that aims to widen the gains of economic development, to address inequality, and to uplift the quality of life of Filipinos.

11

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friday|may 5, 2017

Olympics... from page 1

B l an c a d a , w h o won the 2016 Asian Surfing Championship Women’s Open after she outpositioned 2015 ASC women’s champion Rina Kitazawa from Japan in the 25-minute final that put her into current first place ranking.

It was a grudge match b e t we e n Bl anc a d a and Kitazawa last year after the latter outpointed the top rank Filipina surfer in their grueling finish in ASC women’s division at Cloud 9 Siargao in 2015.

“I have no regrets about that tough rivalry with Rina and just forget about it to focus now with this muchawaited Olympics stake,” Blancada said.

But both top notch Asian women surfers should not be too confident in making it to the WSL top rankings with the presence of current qualifying series number 8 Philippa Anderson of Australia.

Than ks to e ver yone involved in making this event on schedule. I can’t wait for the warm water and the pumping waves,” Anderson said on the sidelines of the opening ceremony on Tuesday.

“Eve r y t h i ng i s s e t ,” Russilon said as he assured tight security has been in place in the town to ensure the success of the competition.

“We are happy that our women’s event will now be sanctioned by the WSL and we can’t wait for the first Cloud 9 waves to be conquered by these brave women,” he said.

Frederick Alegre, Assistant Secretary of the Department o f To u r i s m , a d m i t t e d government security is on full alert for this five-day event even as he assured the police has already thwarted the terrorist attempt of the dreaded Abu Sayyaf in Bohol.

Deagan said there could have been more globally-rated women surfers who earlier signified their interest to join the event but backed out at the last minute because of the travel ban advisories of their countries.

“I asked the world to be more fair on travel advisories,” Alegre appealed in his speech at the opening ceremony as he announced that despite the terrorists threats, tourist visits of 1.2 million from January to February this year was way higher than the same period in 2016.

“We already reached 17 percent of our seven million target for this year,” he said.

Revival... from page 1

“Steel is the rice of industry,” the presidential adviser stressed. (PNA)

Tourist... from page 1

to the community-based tourism the city tries to sell to visitors.

She said the Matigsalog and Ovu-Manuvu tribes in Marilog are ready to open their villages to the tourists.

These two tribes are among the city’s 11 tribes – Kagan,

Maguindanao, Maranao, Sama, Tausug, Iranun, Ata, Klata/Giangan, Matigsalog, Ovu-Manuvu, and Tagabawa.

“Kadayawan is about the 11 tribes,” Tecson said.

Tourists, she pointed out, see the tribal people during the festival. “After that, they want to experience their tribe.

Where will you take them?” she said.

Te c s o n a d d e d t h a t community-based tourism w i l l h av e t h e v i s i t o r s immersed into the culture of the tribes.

She said the establishment of tribal villages will also be another alternative source of livelihood for the Lumads and preserve their culture.

“When we talk about community-based tourism, it means the ones who will handle it will be the community. Tribal villages, the kind that we want to establish, is what they already have. What they have and how they live are what we will experience when we go to their places,” she said.

(Antonio L. Colina IV / MindaNews)

Passers... from page 1

Ateneo de Davao University in Davao City (fifth place).

The Top Ten among 6,344 examinees are all graduates of schools outside Metro Manila.

Topnotcher Calam (89.05%) is from the University of San Carlos in Cebu City. Three others in the Top 10 are from the same school.

The Top 10 p ass ers according to the list released by the Supreme Court: 1. Karen Mae L. Calam, University of San Carlos, Cebu City (89.05%) 2. Alanna Gayle Ashley B. Khio, Silliman University, Dumaguete (88.95%) 3. Fiona Cristy D. Lao, University of San Carlos, Cebu City and Athalia B. Liong, Andres Bonifacio College, Dipolog City (88.8%) 4. Allana Mae A. Babayenon, University of San Agustin, Iloilo City (88.75%) 5. Justin Ryan D. Morilla, Ateneo de Davao University, Davao City (88.4%) 6. Mark Dave M. Camarao, Northwestern University, Laoag City (88.1%) 7. Anne Margaret E. Momongan, University of San Carlos, Cebu City (87.8%) 8. Jefferson L. Gomez, University of San Carlos, Cebu City (87.7%) 9. Nia R achelle M. Gonzales, University of Batangas, Batangas City and Marie Chielo H. Ybio, S i l l i m a n U n i v e r s i t y, Dumaguete City (87.5%) 10. Andre Stephen D. Liu, Silliman University, Dumaguete City (87.45%) A total of 3,747 out of 6,344 examinees passed the 2016 bar.

Extended... from page 3

IPO, saying “the listing obligation has been complied with when PLDT, a listed company with a public float of over 50%, acquired 100% of Smart Communications in March 2000.”

An equality clause was also introduced in Smart’s franchise, allowing the company to enjoy future incentives that will be granted to existing and new players.

“Any advantage, favor, privilege, exemption, or immunity granted under e x ist i ng f r anch is e s , or which may hereafter be granted under prior review and approval of Congress, shall become part of this f ranchis e and sha l l b e accorded immediately and unconditionally to the herein grantee: Provided, that the foregoing shall neither apply to nor affect provisions of tel e c om mu n i c at i ons franchises concerning territory covered by the franchise, the life span of the franchise or the type of service authorized by the franchise,” the law stated.

The law also obliges Smart to provide mobile number portability (MNP) to all its subscribers.

Casa Mira... from page 3

city beside the sea is simply stunning,” he said.

Just 14 kilometers from the South Road Properties, Casa Mira South is 30 minutes by car from SM Seaside and the establishments sprouting around it. Naga City is home to the South General Hospital, schools, an historic church, fast food stores and a mall, a museum and a modern public library.

T h e c it y, m ore ove r, takes pride of its new sports facilities like an Olympicsize pool, covered tennis courts, football fields, and a rubberized sports oval that has hosted regional government sports meets. A

board walk project is expected to be finished this year.

Casa Mira South features a grand entrance that is right beside the national highway.

It has one main amenity area and two secondar y amenity areas. Moreover, there is a grand community clubhouse, pavilions, an adult and kiddie pool. There is also a chapel with function hall, multipurpose courts, retail areas, and 24-hour security and property management services.

House features include a toilet and bath, bathroom fixtures with shower, water closet, lavatory, wall and ceiling finish, individual water meters, kitchen countertop, kitchen base cabinet, and car port.

“For a price range of just P1.3-1.8 million, you can get more for your family in the first subdivision at the City of Naga,” said Soberano.

Batas... from page 4

the way adopted by Duterte?

The answer here is clear.

Yet, Risa would like the fierce and deadly campaign to stamp out illegal drugs under the Duterte government stopped.

With due respect, this to me is the height of hypocrisy, and, with due respect, insanity. She wants the mentally deranged to be helped, yet she does not want to eliminate the principal source of mental derangement, which is illegal drugs? Oh well…

-ooo INSANITY IS A CURSE FROM GOD: For whatever it is worth, I wish to reiterate that madness, confusion of mind, and insanity are ailments that have been prophesied or predicted to

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 43 Gingoog City OFFICE OF THE CLERK OF COURT & EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE File No. 224-2017 Upon Extra-Judicial petition for sale under Act 3135 as amended

by Act 4118, filed by HOME DEVELOPMENT MUTUAL FUND (Pag-ibig Fund) with Branch office address at Pag-ibig Fund Bldg. J.R. Borja St., Cagayan de Oro City. represented by its Dept. Manager Reynaldo P. Cue against CLINTON F. BADILLA married to RHODELIA M. BADILLA, both of legal age, Filipino citizen, with resident of Rizal, Gundaya Sts., Gingoog City, Misamis Oriental, to satisfy the Mortgage indebtedness which as of December 01, 2016, have amounted to FOUR HUNDRED EIGHTY THOUSAND THREE HUNDRED SIXTY EIGHT PESOS AND 97/100 (P 480,368.97) Philippine Currency, inclusive of interest and penalty charges as of December 01, 2016, excluding foreclosure expenses and other monetary obligation. The undersigned Sheriff will sell at Public Auction on June 13, 2017, to the highest bidder for CASH at 9:00 o’clock in the morning to 4 o’clock in the afternoon at the Office of the Clerk of Court, Branch 43, Regional Trial Court, Dugenio St., Gingoog City, the following properties with all the improvements existing thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-14685 “A PARCEL OF LAND (LOT 24. Pcs-10-001397, being a portion Of Lots 12, 13, 19, 15 & 20, Pcs-10-000734, Lots 14-A & 14-D, Psd-10017836, Lots 2-D, Psd-10-015608 & Lots 1, 4, Pcs-10-000852 Situated in the Poblacion, City of Gingoog, Island of Mindanao.

Including all improvements existing and to be constructed/erected Found thereof. Containing an area of TWO HUNDRED SIXTY FIVE (265) SQUARE METERS MORE OR LESS”.

All sealed bids must be submitted to the undersigned on the above stated date and time.

In the event the Public Auction should not take place on the said date. it shall be held on the next working day without further notice.

The prospective buyer/s may investigate for themselves the title of the herein described property/properties and the encumbrances thereon, if any there be.

Gingoog City, April 10, 2017.

FOR THE EX-OFFICIO SHERIFF BY:

BWM: Apr 21, 28 & May 5, 2017

(Sgd.) FLORA C. PEREZ Sheriff IV RTC-Branch 43 Gingoog City

happen by the Bible. Under its Book of Curses, the Bible warns that, if people will no longer listen to, nor obey, the commands of God contained in the Bible, He will send many curses to the erring people.

Among these curses are madness, confusion of mind, and insanity. It would seem to be clear from this, therefore, that whatever insanity or mental confusion Filipinos are suffering from right now would have to be addressed through measures that would also involve spirituality, not just the giving of the usual run-of-the-mill health assistance, as envisioned by the Hontiveros bill.

I suggest therefore that Hontiveros and her supporters should endeavor to keep abreast somehow of what the Bible is saying on insanity and madness, and try to find a way to incorporate Biblical admonitions in her bill. Hopefully, she will see that incorporating a spiritual dimension in the campaign against insanity would also be an effective way of combatting illegal drugs, so that she could convince Duterte to try this spiritual way in his campaign, too?

-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. 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.

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

EXTRA - J UDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND

Notice is hereby given that the intestate estate of the Late Felipa Paclar who died last November 04, 2013 at Moog, Laguindingan, Misamis Oriental; That the said deceased at the time of her death, left a Parcel of Land situated in Moog, Laguindingan, Misamis Oriental and more particularly described as follows; Tax declaration Number 08-18-000804015 has a total land area of: FIVE HUNDRED SEVENTY THREE (573) SQUARE METERS and above surviving legal heirs CEDE, SOLD And TRANSFER ONLY A PORTION OF THE SAID LAND CONSITING OF ONE HUNDRED THIRTY FIVE SQUARE METERS ONLY; That to the best of knowledge and information of the parties hereto, the deceased FELIPA PACLAR LEFT NO LAST AND TESTAMENT and LEFT NO KNOWN DEBTS TO ANY PERSON, FIRM OR ENTITY; That for and in consideration of the sum of TEN THOUSAND PESOS PHILIPPINE CURRENCY (PHP 10,000.00) receipt of said amount is hereby acknowledge by the SELLER/VENDOR after the amount is paid in hand by the BUYER/S or VENDEE/S the SELLER/S or VENDER/S hereby SELL, CEDE, TRANSFER and CONVEY the above-described properties consisting of ONE HUNDRED THIRTY FIVE (135) SQUARE METERS ONLY WHICH AS A PORTION OF THE ABOVE DESCRIBED parcel of land in favor of the BUYER/S or VENDEE/S his/ her Heirs, assigns or successorsin-interest, free from any liens and encumbrances, free from any third-party claimant whomsoever and the same is non-tenanted.

Under Notary Public of ATTY. EMELITO J. MARQUINO, As per Doc. No. 265; Page No. 53; Book No. XIII; Series of 2017.

Is hereby given that the intestate estate of the deceased Editho Magtrayo, who died intestate on June 3, 2007 at Quibonbon, El Salvador City that the said deceased, at the time of his death, left a Parcel of Land situated in Kibaghot, Laguindingan, Misamis Oriental, Identified as Lot No. 12175-5-P, covered by Tax Declaration No. 08-18-000408590, containing an area of one thousand one hundred sixty two (1162) square meters, more or less. The legal heirs or sole heirs of the deceased Editho Magtrayo is the subject of ExtraJudicial settlement with a Deed of absolute sale of a parcel of Land; ; is made and entered into by and among; JESUSA UBAY UBAY MAGTRAYO, of legal age, Filipino citizen, widow, with residence and postal address at Quibonbon, El Salvador City, hereinafter referred to as the HEIRS/SELLERS/VENDORS; and JENEVIE PACLAR & REJANE PACLAR, likewise of legal age, Filipino citizen, both single, with residence and postal address at Moog, Laguindingan, Misamis Oriental, hereinafter referred to as the BUYER/VENDEE; That parties here are being all of legal age and with full civil capacity to contract, hereby there presents, agree to DIVIDE and ADJUDICAT among themselves the above-described parcel of land in pursuant to Section 1, Rule 74 of the Rules of Court of the Philippines; That for and in consideration of the sum of TWENTY THOUSAND PESOS ONLY (PHP 20,000.00) Philippine Currency receipt of said amount is hereby acknowledge by the SELLER/VENDOR after the amount is paid in hand by the BUYER/S or VENDEE/S the SELLER/S or VENDER/S hereby SELL, CEDE, TRANSFER and CONVEY the above-described properties ONLY A PORTION OF THREE HUNDRED (300) SQUARE METERS, more or less in favor of the BUYER/S or VENDEE/S his/her heirs, assigns or successors-in-interest, free from any liens and encumbrances, free from any third-party claimant whomsoever and the same is nontenanted. Under Notary Public of ATTY. EMELITO J. MARQUINO, As per Doc. No. 418; Page No. 83; Book No. XIII; Series of 2017.

BWM: May 5, 12 & 19, 2017

BWM: May 5, 12 & 19, 2017

EXTRA - J UDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND

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Friday | May 5, 2017

Senator Alauya Alonto Cup 2017

T

he Senator Alauya Alonto Cup is a four-day family event and sports fest of the family of the late Senator of the Philippines and 1935 Philippine Constitution delegate, Sultan sa Ramain Alauya Adiong Alonto which is annually celebrated at the Xavier Estates Country Club in Cagayan de Oro City.

The descendants of the 7 children of the late Senator converged in Xavier Estates covered

Lanao del Sur Vice Governor Bombit Alonto Adiong

court to officially start the opening of the cup usually with family games like sack race, Maria went to town and other fun events.

All were in attendance from the only surviving daughter of the Senator, former Lanao del Sur Governor Princess Tarhata Alonto-Lucman, down to the youngest of his great great grandchildren.

The game categories were basketball, futsal, bowling, badminton (men and women) and volleyball (men and women). This family event is unique in a way that they did not only tie family bond with sports competition but

also shared meals together from breakfast to dinner.

Each night for the whole stretch of this remarkable family reunion, they were serenaded by local artists with live music and dances wherein everyone joined the fun which they called their evening fellowship nights.

At the culmination of the sports event and the end of the cup last May 1, the family held a gala night where I was privileged to be a part of as one of the Judges. Here, each of the 7 families dressed up according to their assigned era. In last year's Cup, the theme

(Photo Credit: Bon Aserios)

for the gala night was Hollywood wherein all of the attendees came to the affair in characters. This year, the theme for the gala night was "Blast from the Past."

It was like entering a time capsule bringing you back to the era of Charlie Chaplin, Al Capone, the Beatles, The Von Trapp family singers, Audrey Hepburn during the Hollywood golden years and the pop culture of the 80s. Everyone carried their assigned fashion periods so well from the

raving 20s, the 30s of the Rockefeller glam & depression period, the glittery parties of the great Gatsby of the 40s & 50s, the vintage babydoll fashion of the 60s, the Hippies and the Brady bunch of the 70s up to the most recent loud and vibrant fashion wear of the 80s.

It was indeed a night of cultural revolution, fashion evolution and history combined.

Not only was fashion highlighted in the gala night, each family also

performed musical presentations and dances based on their era to entertain the audience and us, Judges. There were also surprise awards in the gala night apart from the game category. We gave out awards for the best in costume both for male and female adults and kids, face of the night for male and female, best in family presentation and theme.

The era of each family or teams were as follows according to the eldest of the Senator's children to empress/PAGE 9

Must-try: Oriental Style Buffet at Kave Restaurant

By Irene Dayo of itsirenedayo.com

If I have to mention one form of interest that mostly Kagay-anons have in similar, I will take the love of food.

The boosting number of dining venues inside the center hub of Northern Mindanao is evidence to that. Each establishment has developed signature dishes that quickly clicked the taste of the

masses, making all of it a go-to places for residents and tourists alike.

Kave Restaurant inside the standing solid-gold Limketkai Luxe Hotel is one of the top restaurants in the city, but what made it set apart from others is its unique offerings especially their weekly themed buffet, enticing

diners to come back and once again indulge in its one-of-a-kind food experience, with its delicious dishes, from main courses - Roasted Duck to Shrimp Tempura to its desserts – such as Mandarin Cheesecake, Oatmeals Bars and Ube Custard, and everything tasty in between.

Their daily noontime gastronomical treat is the Oriental Style Buffet.

It is served from 11:00 in the morning up to 2:00 in the afternoon. I personally tried it out with my friend Vian, and our eyes are popping out on all of our favorites in just one venue (Check the pictures along with this article).

Kave Restaurant’s eat-all-you-can is indeed for all occasions. Might it be for celebrating one’s special day, a promotion

at work or simply taking lunch with family right after a heavy morning at work or at school, it is worth every peso.

And simply because Limketkai Luxe Hotel and Kave Restaurant love its customers, Oriental Style Buffet only costs P698.00 per adult. For kiddos, Kave Restaurant only charge less amount compared to regular.

Other than

lunchtime’s Oriental buffet, Kave Restaurant is serving seafood by dinner time every Friday, from 6PM to 10PM while during Saturdays, it is a Mediterranean-style buffet dinner. Sunday’s lunch then is all about Asian food. It is exciting, isn’t it? It is a feast every single day inside Kave Restaurant of Limketkai Luxe Hotel.