BusinessWeek Mindanao (May 9, 2016)

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 134

Market Indicators As of 6:00 pm May 6, 2016 (friday)

FOREX

PHISIX

US$1 = P47.24

6,991.87

X

4.2 cents

X

7.88

points

Briefly Mayoral bet slain JUST two days before today’s election, a mayoral bet in Lantapan, Bukidnon was shot dead inside his house Saturday, the regional police office said.

Police identified the victim as Armando Ceballos, a resident of Barangay Balila in Lantapan.

Reprts said around 10 bonnet-wearing armed men entered Ceballos’ residence and shot him several times shortly after midnight. Police said the suspects also took away the victim’s 45 caliber pistol and about P80,000 in cash.

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THE POWER OF ONE VOTE

Nation casts votes A

By MARK FRANCISCO, Staff Writer

BOUT 11.99 million registered voters in Mindanao are expected to cast their votes in today’s synchronized local and national elections.

The C ommission on Elections (Comelec) said polling precincts will open at exactly 7 a.m. up to 5 p.m., two hours shorter than the previous mid-term polls.

The Philippine National Police has deployed additional troops in Lanao del Sur to help secure a peaceful elections in the province. votes/PAGE 11

Firearms surrendered A TOWN mayor in one of the election hot spots in Lanao Del Norte surrendered his firearms to the police regional command here, a police official said Saturday.

Supt. Surki Sereñas, police regional spokesman, said that Vice Mayor Mangondaya Tago, of Pantar, Lanao Del Norte, voluntarily surrendered a carbine rifle with two magazines and a .40 caliber pistol with 2 loaded clips here Wednesday.

Sereñas said that Tago’s turning over of his firearms was a symbolic gesture as a signatory to the “peace covenant” among local candidates in Lanao Del Norte spearheaded by the regional police command.

SOVEREIGN WILL. Mindanao voters joins the nation in casting their votes in today’s local and national elections.

The 11.99 million registered voters in the region represent 23.07% of the country’s 52,014,648 voters.

Desperate move VICE Presidential frontrunner Sen. Ferdinand “B o n g b o n g” Ma r c o s , Jr. l ab e l e d Pre s i d e nt Benigno Aquino III’s call to candidates trailing frontrunner Davao City Mayor Rodrigo Duterte to unite was a desperate move of the administration.

“The desperation is showing. These are all desperate attempts of the administration … I also heard that Sen. Grace Poe turned down the offer so

Sen. Bongbong Marcos

again, it’s clear they are finding ways to change the move/PAGE 11

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2016 Lanao Sur coop summit kicks off T HE C ooperative Development Authority of the Autonomous Region in Muslim Mindanao (CDAARMM) hosted the 2016 provincial cooperatives summit in Lanao del Sur held in Marawi city, May 3, as part of the regional agency’s comprehensive plans and programs.

Wit h t he t heme: “Economic Sustainability and G o o d G over nance Through Cooperativism,” the event was attended by over a thousand leaders of cooperatives in the province.

The summit was hosted

by CDA-ARMM headed by regional administrator Dimnatang M. Radia.

ARMM Governor Mujiv Hataman who spoke before

the summit’s participants said cooperativism is a priority initiative under the regional government’s poverty alleviation agenda.

Aside from Gov. Hataman, other officials who graced the event include: Orlando Ravanera, CDA chairman; Amenodin Elias, Central Mindanao CDA director; Pama Dimapanat, ARMM secretary of the Department of Tr ansp or t at i on and Communications; Jehanne Mutin, chairperson of the Regional Commission of Bangsamoro Women (RCBW); and Mocammad R a k i i n, L anao del Sur provincial administrator who represented provincial Governor Mamintal Adiong, Jr. Rakiin said cooperativism

is a program fully supported

by Gov. Adiong. For his part, CDA chairman Ravanera said people can be empowered to craft their own destiny as they come together through the cooperative.

“Cooperativism is about empowering the poor and invulnerable esp ecially i n t a k i n g f u l l c ont ro l of available resources of Mindanao,” Ravanera said.

“We believe cooperativism is the only effective approach in achieving true peace in the region,” he said.

RCBW chair person Mutin, meanwhile, said the women’s sector understands the concept of the cooperative, specifically the collaborative efforts of its members.

The summit, said CDA-

ARMM administrator Radia, is one of the initiatives of CDA-ARMM in accordance with its mandate to promote the viability, growth and sustainability of cooperatives as instruments for equity, economic development and social justice.

Among CDA-ARMM’s accomplishments are the Computerized Registration System and Kapit-Bisig Program as a one-stop shop conve rg i ng t h re e major programs of CDAARMM, namely registration, regulation and development

of cooperatives.

Such convergence is aimed at convening cooperatives in every municipality as well as in harmonizing programs and projects supporting cooperatives in various national line agencies. (BPI/ APB/PIA-10)

OWWA expands coverage of its Seafarers Upgrading Program BUTUAN City -- As part of its commitment to regularly update and improve its programs and services for Filipino seafarers to meet International Maritime O r g a n i z a t i o n s’ ( I M O ) competency standards, the Overseas Workers Welfare Administration (OWWA) has added more courses to the list of trainings offered under the Seafarer’s Upgrading Program (SUP).

In its series of consultationmeetings with representatives from the labor and manning groups of the sea-based sector, the following courses were included in the SUP

in compliance with the prescribed maritime training courses of the Standards of Training, Certification and Watch keeping (STCW) Convention 2010 Manila Amendments: 1. Advanced Training for Liquefied Gas tanker Cargo Operations (ATLGT) 2. Ship’s Catering Services NC 1 3. General Operator’s C e r t i f i c at e f or G l o b a l Maritime Distress and Safety System The courses were added to the existing list of Deck Courses, Engine Courses, Sp e ci a lize d and Safet y

Courses, and Culinary, Galley and Steward Department offered under the program.

However, the following courses shall no longer be offered under SUP as they have been replaced by updated and advanced versions in compliance with the STCW requirements/ competencies: 1. Specialized Training in Chemical Tanker 2. Specialized Training in Liquefied Gas Tanker 3. Specialized Training in Oil Tanker 4. Messman Course SUP is a training OWWA/PAGE 11

140 farmers equip on agri technology

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ABOUT 140 farmers in 11 barangays of Cagayan de Oro city participated in the Kabalikat sa Kabuhayan Program through the City Agriculture and Productivity Office (APO) on May 3.

The program aims to develop the sources of income of the farmers with the support of SM Foundation, Department of Agriculture, Harbest Agribusiness Corp. and APO. The farmers’ produce include watermelon, bitter gourd, white squash, string beans and eggplant.

The program was implemented on February 2 when farmers learned about technology transfer.

According to Dr. Hector San Juan, city agriculturist, the farmers undergone a equip/PAGE 11

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Globe earnings up in 1Q despite decline in mobile voice, SMS revenues GLOBE TELECOM, Inc. saw an annual 3% improvement in its first-quarter profit, as strong data consumption offset the decline in traditional mobile voice and SMS revenues.

The Ayala-led telco’s net income after tax reached P4.3 billion from P4.2 billion in 2015’s comparable period, according to a presentation to analysts on Wednesday, while core net income was “flat” at P4.2 billion.

Service revenues rose by 14% year on year to P29.9 billion, “driven by mobile data, home broadband and corporate data.”

Broken down, mobile data service revenues surged by 62% to P9.1 billion on t he b ack of incre asing smartphone penetration, availability of cheap datacapable devices and consumer promos.

“However, the growth in mobile data was partly offset by the decline in mobile voice (domestic and international) and mobile SMS revenues by 11% and 15%, respectively, given the shift of traffic from core voice and SMS in favor of data which is consistent with global trends,” the company explained.

Mobile voice revenues, which accounted for 35% of total mobile ser vice revenues, shrank by 11% to P8.1 billion, dragged by the “migration” of voice traffic to Internet-based applications like Viber, Facebook, Skype, and Whatsapp. Mobile SMS, which contributed to 25% of total mobile service revenues, also fell 15% to P5.8 billion.

The home broadband business saw a 51% surge in revenues to P3.5 billion, supported by a 41% jump in subscriber base to 1.1 million.

T h e c or p or at e d at a segment likewise reported a 51% increase to P2.3 billion, on the back of higher demand for data connectivity among corporate clients, managed service solutions and cloudbased services.

Globe’s operating expenses and subsidy went up by 11% to P16.84 billion, “to support the growing subscriber base and the continued expansion of its data network.”

“Even as we face intense industry competition in the months ahead, we remain confident that we can achieve sustainable financial growth moving forward...,” Globe President and Chief Executive globe/PAGE 11

CorporateWorld

Monday|may 9, 2016

3

2GO completes VCM, ballot deployment

L

OGISTICS firm 2GO Express said it has deployed all vote counting machines (VCMs), official ballots and non-accountable forms nationwide within schedule and based on agreed timelines with the Commission on Elections (Comelec) nationwide.

Delivering by air, land and sea, thousands of 2GO Express drivers and delivery personnel worked round-

the-clock to ensure that all election paraphernalia are delivered to more than 92,000 precincts nationwide before millions of Filipinos troop to their respective polling places on Monday.

Still being deployed as of press time are contingency ( b a c k - u p ) VC M s a n d BGANs (Broadband Global Are a Network s atel lite c om mu n i c at i ons k it s ) , additional thermal paper and Comelec election shirts.

“The management and staff of 2GO Express are honored to be partners of Comelec in this historic national elections. We’re also proud of our patriotic contribution in deploying election materials to ensure that Filipinos can exercise their sovereign right to choose the country’s leaders,” 2GO Express General Manager Randolph Arroyo said.

The joint venture of 2GO

Express and 2GO Logistics was awarded the contract as Comelec’s total logistics prov i d e r for t h e 2 0 1 6 polls. The contract covers the country’s 17 regions.

During the 2013 elections, the firm also won the logistics contract for the Visayas.

Both 100-percent Filipino companies, 2GO Express and 2GO Logistics are part of the 2GO Group Inc., the largest premier logistics firm in the Philippines.

CENTURY PACIFIC Food, Inc. is refinancing debt used to bankroll its takeover of a manufacturer of high-value coconut products.

The country’s largest c an n e d fo o d c omp any obtained a five-year fixedrate term loan amounting to P1.15 billion, Century Pacific said in a disclosure to the stock exchange on Friday.

The fresh debt will be used to partially refinance short-term loans that were secured to fund the P4.5-

billion acquisition of Century Pacific Agricultural Ventures, Inc. (CPAVI) from its parent company Century Pacific Group, Inc. So far, Century Pacific has converted P1.65 billion in debt to fixed-rate term loans, while P600 million remains in the short-term.

CPAVI is an integrated coconut producer of highvalue organic cer tif ied and conventional coconut products for both export and domestic market. Its primary products include coconut

water, desiccated coconuts, and virgin coconut oil.

The acquisition of CPAVI and the strength of its branded business boosted net profit by 45% to P636 million in the first quarter of 2016.

Century Pacific Food, Inc. is allocating P1.1 billion this year, mainly to increase capacity in anticipation of increased sales volumes across various segments.

Century Pacific produces hous ehol d br ands l i ke Century Tuna and 555 canned

sardines; Argentina, Swift and Wow canned meat; as well as Angel and Birch Tree canned milk.

Century Pacific gets loan to refinance debt

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Half a dozen miracles (Part 1) Last month during the holy season of Lent, my son and I decided to attend the 5:30pm mass at the Cathedral. We followed our usual route in going to the church. We were on time with our schedule.

But as we neared it, we were dismayed to find that the road was blocked. So we decided to try another route. The traffic crawled to a snail’s pace. I knew we were going to be late. I consoled myself with the thought that better a short visit with the Lord, than none at all. As we neared the church, we were aghast that this road was again closed. The traffic officer said only priests can enter. Oblivious to his warning, we signaled that we wanted to enter. Imagine our surprise when the guy manning the barricade opened it and allowed us to pass. Amazing! I considered it our first miracle.

But as we cruised near the Cathedral, our hearts sank. The place was full of vehicles and we had nowhere to park. Surely the Lord did not tease us with a miracle, only to snatch it away quickly? Before the question was yet to be formed, a parked car in front of us slowly backed out and sped away. It conveniently left a vacant space for us to

Member:

park smoothly. This was no ordinary coincidence. I could almost hear the flapping of angel’s wings as this divine attendant choreographed our parking. Unbelievable! In a span of a few minutes, we received our second miracle.

I knew we lost a lot of time navigating our entrance and parking. I expected the mass to be well on its way and that we were late. But lo and behold, the mass haven’t started yet. The priests were still at the entrance and just beginning their procession to the altar. I learned it is a Chrism mass, which is the blessing of consecrated oil, and the renewal of vows of the priests. Being a significant event, the schedule of the mass was moved to 30 minutes later. Instead of being late, it turned out we were just on time. Serendipity! We were bestowed our third miracle.

Since this is a special m a s s , t h e c hu rc h w a s bursting to the seams with the devout faithful. I scoured the place for an empty seat to squeeze in, but not even a needle can fit in. It was tight and standing-room only. My mind was churning apprehensively. This is going to be a long mass, and I will be standing throughout the entire proceeding. The temperature is uncomfortably

hot. Oxygen is scarce. Can I withstand this tribulation?

Since it was the holy season of Lent, I thought of Jesus’ painful passion on Calvary. This thought gave me the answer to my problem.

I will offer my insignificant, trifling suffering in union with His immense agony on the cross. I was consoled that I had found a little token of pain in company with Jesus. I closed my eyes and wholeheartedly worshipped God in the mass.

After a short while, I opened my eyes and saw the familiar young beggar. He is a regular recipient of my charity and has become my friend. He was determinedly headed in my direction. I couldn’t believe my eyes. He was bringing a precious chair for me to sit on. Heaven-sent!

It was our fourth miracle.

I realized that God sent me the chair only after I have passed my little test on suffering. When I accepted my tribulation and offered it to Him, the chair appeared.

Awesome God! I’m not sure if I would have survived the mass without the chair. My son was feeling faint himself, and without the chair, he doubted if we would have endured.

The b e g g a r ’s thoughtfulness touched me

The Happiness Coach

Girlie Gualberto-Suan to the core. Unknowingly, he brought home this sacred truth to me: that no man is so poor that he has nothing to give, and no man is so rich that he has no need to receive. The tiny gestures of generosity I have sown in a poor man’s heart, have blossomed into a fragrant bouquet of gratitude. God’s thoughtful hand transformed the bouquet into a valuable, useful plastic chair. I was humbled to realize that I was not entirely self-sufficient and strong. I was in need of a special kindness, and it could only be satisfied by a beggar’s heart overflowing with gratitude.

A few people were disg r unt le d w hen t he y saw the special treatment accorded to me. But in my heart, I knew I earned it.

To be continued..

Vox populi

Philippine Press Institute Oro Chamber

Creatures of Habit Think a minute…You’ve probably heard the expression “A leopard can’t change its spots.” This, of course, is true of leopards. But is it true of people? Can people change?

Are we humans just creatures of habit? Do we not have any control over our actions and habits?

One guy said, “Bad habits are like a comfortable bed: they’re easy to get into, but hard to get out of.” Someone else said: “The chains of habits are too small to feel until they’re too strong to break.”

So ‘breaking the mold’ of our bad habits takes effort, yet one of the greatest freedoms in life is the freedom from bad habits.

Habits are like the roads we take through life everyday.

The problem is that not every road takes us where we need to go. Actually, our routes through life often become our ruts in life. We end up stuck in them and find it hard to dig ourselves out. That’s why we must change our bad habits as soon as possible before they become our ‘second nature’.

You see, our habits become our character and our character becomes our life. As one wise person said: “First we make our habits, then our habits make us.”

But we humans don’t like to change, do we? So we come up

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THINK

A Minute

Jhan Tiafau Hurst with excuses, like: “I can’t be different; that’s just the way I am.” Or we say: “I was born this way.” And the good ol’ saying: “You can’t teach an old dog new tricks.” But that’s just it: we’re not dogs or animals. In fact, we’re the only creatures who have the freedom and power to change and choose the kind of person we become.

So what habits do you need to start changing today? You know, there’s one bad habit you need to change first, that will help you change all your other habits. It’s the habit of living your own way, instead of your Maker’s way. He’s the only one who knows the road to the best, most satisfying life for you. So today, won’t you ask Jesus Christ to forgive you, and to take full charge of your habits and life?

Just Think a Minute…

The voice of the people is the voice of God. So the saying goes. Today, it is time once again for the voice of the people to be heard through the ballot.

As we go to the polls, here are some points to ponder.

One. Let us not take our privilege to vote for granted.

In some jurisdictions, the citizens do not even get to vote. Of if they do, the elections are just for show, with the results already predetermined.

Two. Election day is the great equalizer. It is only on election day where the one vote of Lucio Cruz is equal to the one vote of Lucio Tan. My good friend former journalist Bert Clemeña, however, begs to disagree.

He emailed me: “Yes, Cruz has one vote; Tan? First he gave millions to the one he supports who in turn will protect his interests once in power but Lucio will not even care to vote. What you wrote is what ought to be. The sad reality is what is on the ground. Sayang. Tsk.” Three. Never before has the mudslinging between and among the candidates reached this level. It seems that good manners and civility are dead. Lest we carry this too far, here is a timely advisory from the Comelec: “Don’t let a presidential debate injure great friendships….. (O)ur bets may lose the election, but we don’t have to lose friends because of it. Take extra care

in choosing yur words when arguing your point with your friends. The candidates that you staunchly defend won’t even know you exist.”

That said, I wish every one an honest, peaceful, orderly and credible election.

True election-related jokes: xxx Years ago, a prominent resident of our district, accompanied the wife of a front-running senatorial candidate during a campaign sortie in Alabang. The candidate was part of a political coalition group to which I belonged so I was obliged to attend the meeting.

As part of a name-recall exercise, the emcee called to the stage five attendees and they were asked to shout out loud the name of the candidate whom they would vote for. For their participation, the lucky rallyists were given t-shirts bearing the likeness and the name of the candidate.

Everything was going well until one of the participants was asked: “Sino ang iboboto mo bilang senador?”

The participant answered…… “Si (name) po.”

E m c e e : “Hi n d i k it a marinig. Pakilakas.”

Participant (shouting at the top of her voice to the applause of the partisan crowd): “Si ( name ) po!!”

Emce e: “Ver y go o d.

Ngayon, paki-spell ang

pangalan ng senador natin.”

Participant: “Letter M….. (pause) Letter M ( longer pause)….

Politician’s wife: “Mayor, p a an o m an an a l o y u ng kandidato natin? Hindi maspell ng botante natin yung pangalan niya?” xxx In a separate and bigger rally held at the Alabang jeepney terminal, the candidates for senators personally attended.

To m a x i m i z e t h e i r exposure, I assigned all the candidates who were running as councilors in my ticket to introduce one senatorial candidate each. Because of time constraints, each senatorial candidate was allotted by rally organizers only 5 minutes to speak on stage.

When their turn was up, one of my re-electionist councilors, Konsehal Noli Diaz, took hold of the mike to introduce Health Secretary Juan Flavier. Diaz apparently thoroughly researched on Flavier and practically narrated Flavier’s life history.

In the end, Flavier stood up, took the mike and said: “Salamat Konsehal Diaz sa magandang introduction mo.

Pero sa haba ng introduction mo, inubos mo naman yung 5 minutes ko. (Applause and cheers from crowd.)

Flavier then gave his spiel: “Ako po si Juan Flavier.

Ako po ay 4’ 11”. Ako po ay 4 lamang (holding his left hand just above his head) pero 11 naman (lowering

SPEAKING

O ut

Ignacio Bunye his left hand and holding it just in front of his crotch).

Kaya hindi ako naiilang sa mga kasama ko sa entablado na puro mga 6’2”. (Laughter) Ang maidadagdag ko na lang: “Lets DOH it.” (Cheering) That was the shortest campaign speech I have ever heard. Flavier did not need to give a long-winded one. His record at the Department of Health spoke for itself. xxx Taxi drivers’ choice……..

On days that my car is on color-coding, I just take Uber when I need to do some errands. It has become routine for me talk to the driver and ask about his voting preference. There are two types of Uber drivers. One drives his own car during his spare time and has some other source of livelihood.

The other drives full-time a car owned by an operator.

Consistent with most surveys, the Uber drivers have expressed their preference for front-running candidate Duterte. But the last driver I bunye/PAGE 11

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Banking&Finance 5 BPI-Philam Life sees insurance demand growth 2013 ppi’S Best in Business and Economic Reporting

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PI-PHILAM LIFE Assurance Corp. has set “very ambitious” targets this ye ar, sti l l banking on the good prospects of the insurance industry.

Pre m iu m i nc ome of the joint venture between the AIA Group subsidiary and Ayala-led Bank of the Philippine Islands (BPI) was the fourth highest in the life insurance industry last year at P20.79 billion, up 44% from the prior year’s P19.48 billion.

Its net income stood at

P1.2 billion while its assets were at P76.4 billion in 2015.

BPI-Philam President and CEO Ariel G. Cantos cited the Philippines’ low i nsu r anc e p e ne t r at i on , expanding middle class, widening protection gap and rising income as opportunities to grow the insurance industr y and push penetration higher from the 1.74% at end-2015, which lagged behind the 3% average of its peers in the region. “ We s e e a l o t o f opportunities out there...

DBP spearheads lending to ‘sunshine’ eel industry THE Development Bank of the Philippines (DBP) has granted the first eel growout loan to Cacayan Aqua Ventures, Inc. (CAVI), a startup corporation currently in the process of expanding its eel farming and grow-out operations in Laguna.

The lo an agreement signed by DBP with CAVI is a milestone development in the pioneering local eel industry which started in the 1960s, fizzled out in the 1970s, but has enjoyed a recent resurgence in an industry estimated to reach more than P290.24-million annually. This potential growth has been stimulated by increasing foreign demand from such countries as Japan, South Korea, Taiwan, and China, a vibrant local MSME sector, and the country’s competitive advantages as a natural eel highway and tropical spot that allows for year-round growing. DBP’s loan grant paves the way for wider financial access for the aquaculture business, specifically the emerging local eel industry.

As a member of the

Integrated Growers and Tr a d e r s ( I G AT ) , t h e country’s sole registered professional association of local eel growers, Cacayan also advocates sustainable eel farming, combats eel fry smuggling, and supports IGAT’s vision to locally establish the whole value chain for the eel industry including eel grow-out, processing, and marketing.

The eel industry continues to benefit both local and foreign stakeholders including fry consolidators, eel business employees, entrepreneurs, foreign eel consortia, the Department of Agriculture, Board of Incentives, Department of Trade and Industry, Bureau of Fisheries and Aquatic Resources, the foreign market, and the finance sector. DBP’s support to the industr y will promote widespread local employment, increase taxes paid to the National Government, contribute to a more productive agricultural s e c tor, e n hanc e g l ob a l competitiveness, develop the countryside, and encourage inclusive growth.

Consumer loans climb at end-2015 CONSUMER LOANS handed out by big banks hit the P1trillion mark at end-2015 given a surge in borrowings to acquire cars and homes, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

Universal, commercial, and thrift banks extended P1.061 trillion in loans to individuals at end-December, rising by 17.5% from the P902.607 billion posted in 2014 and the P997.153 billion seen at end-September, the central bank said in a statement.

The uptick came on the back of a higher inflows from various sectors to support domestic consumption.

“Consumer lending by banks continued to rise as the domestic economy sustained its growth amid the steady increase in overseas Filipino remittances, a growing business process o u t s o u r c i n g i n d u s t r y, the solid performance of the ser vices sector, and

heightened consumer spending and investing,” the statement read.

Loans secured to buy housing lots still made up the bulk of total loans for the year, rising by more than a tenth to P444.021 billion from 2014’s P398.234 billion.

C re d it for c ars and motorcycles also rose by nearly a third to P303.891 billion from the P230.124 billion seen the year prior.

Broken down, auto loans stood at P293.445 billion, while some P10.446 billion in loans were booked to buy motorcycles.

Meanwhile, salary-based loans posted the biggest surge to P104.32 billion, rising by 68.1% from 2014’s P62.053 billion as borrowers sought to hold instant cash. General purpose debts also went up by 7.32% from the third quarter level.

Credit card debt also saw a 9.1% rise for the year to loans/PAGE 11

there’s a huge need for life insurance protection since the penetration rate is still less than 2%,” Mr. Cantos told reporters in a media briefing. “ The number of new companies coming to the Philippines is proof of the huge opportunities here... we set very ambitious targets this year. Good companies should aspire for something that is lofty,” he added.

In the past years, BPIPhilam premium income growth was seen at 35% at average. Last year, the

company’s premium growth exceeded the industry’s 18% and was the fastest in its five years of operations.

For the first quarter of 2016, Mr. Cantos said premium income was already higher than last year’s Januar y to March level, although he didn’t give specific figures.

“It’s better than what we achieved last year,” he said, adding that better growth this year is possible since the opportunity is there “and you just have to have the right strategy.”

BPI-Philam is targeting to fully cover the more than 800 consolidated branches of t h e Ay a l a - l e d b an k with bancassurance sales executives (BSEs) within the year “depending on opportunities.” Currently they have over 700 BSEs nationwide.

The venture offers 10 products and is looking to add three to four more products this year.

Philippine American Life and General Insurance Co. (Philam Life) raked in P21.17 billion in premium

income last year, the third highest in the life insurance industry from P18.31 billion previously. It topped life insurers in terms of assets, net worth and net income in 2015 ending the year with P188.633 billion in assets, a net worth of P40.969 billion and net income of P7.5 billion.

Philam Life Chief Investment Officer Arleen May S. Guevara also said the life insurer is looking to participate in infrastructure proj e c t s to e x p an d it s investments.

BusinessWeek MINDANAO YOUR Mindanao-wide BUSINESS NEWSPAPER monday | may 9, 2016

Corporate events

Editor: CHENG ORDOÑEZ

6

CEB boosts direct service to Doha, Qatar ‘Mounts additional flight between Manila and the Gulf country’

Limketkai Mall shoppers appreciate the works of youngsters who have undergone a summer art workshop at the mall held by R Productions. PHOTO BY MARK FRANCISCO

PIDS suggests proper documentation for feeding program Inaccuracies in recorded nutrition status such as age, height, and weight measurements of children in public schools are among the major constraints that state think tank Philippine Institute for Development Studies (PIDS) encountered in assessing the effectiveness of t h e D e p a r t m e nt of Education’s (DepED) SchoolBased Feeding Program (SBFP).

In her presentation at a seminar organized by PIDS and the Cordillera Studies Center of the University of the Philippines (UP) Baguio, PIDS Consultant and UP Profess or Ana Maria Tabunda noted that there were inaccuracies in documenting the date of activities undertaken as part of the feeding program as well as the height and weight measurements and nutrition status of children before and after the feeding program.

She added that there were also errors in the entries for birth dates and ages.

“Glaring errors include inconsistent recorded heights such as children having lower post-feeding height than pre-feeding height and missing post-feeding weight or height measurements.

These inaccurate data in school documents as well as those obtained during the survey by PIDS researchers constrain proper assessment not only of the initial nutrition status of would-be program beneficiaries but also the

improvement in such status,” Tabunda explained.

Thus, for proper documentation of progress, she re commende d t hat all schools, including nonbeneficiar y schools, must be provided with the recommended weighing scales and height measurement equipment. “All schools need to be provided with these equipment, since nonbeneficiary schools also need to submit accurate nutrition status reports, which serve as the basis for determining which schools should implement the feeding program,” she explained.

Tabunda also suggested that school heads, school nurses, and teachers must be trained on the proper use of such equipment and instill in them the importance of proper documentation of the prefeeding, feeding, and postfeeding phases of the program. Accurate documentation, according to Tabunda, help in the proper selection of beneficiar y schools and beneficiar y pupils, as well as in monitoring and evaluating program outcomes. In addition, she suggested that DepED should provide schools with an application program such as Microsoft Excel to help them correctly compute a child’s age to the nearest month.

Given that the administration component of the budget has been increased, feeding/PAGE 10

THE Philippines’ leading airline, Cebu Pacific (PSE: CEB), will add a frequency between Manila, Philippines and Doha, Qatar beginning July 9, 2016.

CEB is the only Philippine carrier f lying non-stop between these two cities.

CEB’s additional flight between Manila and Doha will operate every Saturday, increasing its services to three times a week. The new flight will depart Manila at 2:45PM, and arrive in Doha at 7:15PM. The return flight will depart Doha at 8:55PM, and arrive in Manila at 11:25AM the next day.

CEB also operates ManilaDoha flights every Monday and Thursday, and DohaManila flights every Tuesday and Friday.

“CEB remains committed to bringing the Philippines closer to the growing Filipino community based in Qatar.

We hope that with our additional frequency and lowest year-round fares, they will be encouraged to fly back home and reunite with their families and friends more often. Travelers from Qatar who wish to visit the Philippines’ many exquisite island destinations may also take advantage of CEB’s convenient, same terminal connection via Manila,” says Alex Reyes, CEB General Manager for Long Haul Division.

“In the same way, we also look forward to enabling more Filipinos to visit Doha, gateway to the Gulf countries in the Middle East. Travelers from the Philippines may book more affordable, direct flights to Doha via CEB, to explore the country’s metropolitan museums, visit its sprawling architectural wonders, and take part in its rich Islamic culture,” adds Reyes.

The additional flight will be utilizing CEB’s wide-bodied Airbus A330 aircraft, with

a configuration of 436 alleconomy class seats. Hot meals, seats with extra legroom, and onboard WiFi, among others, are options that can be added to the fare.

Qatar has the third-largest Filipino community in the Middle East. CEB already serves the other markets for Global Filipinos: United Arab

Emirates via direct flights to Dubai, and the Kingdom of Saudi Arabia via Riyadh. CEB is also the only Philippine carrier flying direct between Manila and Kuwait.

CEB’s 57-strong fleet is comprised of 7 Airbus A319, 36 Airbus A320, 6 Airbus A330, and 8 ATR 72-500 aircraft. It is one of the most

modern aircraft fleets in the world. Between 2016 and 2021, CEB expects delivery of two more brand-new Airbus A320, 30 Airbus A321neo, and 16 ATR 72-600 aircraft.

The airline offers flights to a network of more than 90 routes on 64 destinations, spanning Asia, Australia, the Middle East, and USA.

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Apple & SAP Partner to Revolutionize Work on iPhone & iPad Companies to Deliver New iOS Apps & SDK to Create Powerful, Native Enterprise Apps

Appl e ® an d S A P to d ay announced a partnership to revolutionize the mobile work experience for enterprise customers of all sizes, combining powerful native apps for iPhone® and iPad® with the cutting-edge capabilities of the SAP HANA platform.

This joint effort will also deliver a new iOS software development kit (SDK) and training academy so that developers, partners and customers can easily build native iOS apps tailored to their business needs.

“This partnership will t r ans for m h ow i Ph on e a n d i Pa d a r e u s e d i n e nte r pr is e by br i ng i ng together the innovation and security of iOS with SAP’s deep expertise in business software,” said Tim Cook, Apple’s CEO. “As the leader in enterprise s oftware and with 76% of business transactions touching an SAP system, SAP is the ideal partner to help us truly transform how businesses around the world are run on iPhone and iPad. Through the new SDK, we’re empowering SAP’s more than 2.5 million developers to build powerful native apps that fully leverage

SAP HANA Cloud Platform and tap into the incredible capabilities that only iOS devices can deliver.”

“We’re proud to take this special partnership between Apple and SAP to a groundbreaking new place,” said Bill McDermott, CEO of SAP. “In giving people an agile and intuitive business experience, we empower them to know more, care more and do more. By combining the powerful capabilities of SAP HANA Cloud Platform and SAP S/4HANA, together with iOS, the leading and most secure mobile platform for enterprise, we will help deliver live data to people wherever and whenever they choose to work. Apple and SAP share a commitment to shaping the future, helping the world run better and improving people’s lives.”

The companies plan to deliver a new SAP HANA Cloud Platform SDK exclusively for iOS that will provide businesses, designers and developers the tools to quickly and efficiently build their own iOS apps for iPhone and iPad, based on SAP HANA Cloud Platform, SAP’s open platform as a service. These

native apps will provide access to core data and business processes on SAP S/4HANA, while taking full advantage of iPhone and iPad features like Touch ID®, Location Services and Notifications.

A new SAP Fiori for iOS design language will take the award-winning SAP Fiori user experience to the next level by combining it with a consumer-grade iOS experience to deliver on the robust user needs in the enterprise and enable developers to build nextgeneration apps. To help SAP’s 2.5-million member global developer community take full advantage of the n e w S D K a n d Ap p l e’s innovative hardware and software, a new SAP Academy for iOS will offer tools and training. The new SDK, design language and academy will begin rolling out before the end of the year.

As a part of the p a r t n e r s h i p, S A P w i l l develop native iOS apps for critical business operations.

These apps for iPhone and iPad will be built with Swift™, Apple’s modern, secure and interactive programming language, and will offer a

Apple CEO Tim Cook and SAP CEO Bill McDermott meet at Apple’s campus in Cupertino to announce a new partnership to revolutionize work on iPhone and iPad. Courtesy of Apple/Roy Zipstein

familiar user experience with the SAP Fiori for iOS design language. Workers across industries will be empowered to access t h e c r i t i c a l e nt e r p r i s e data, processes and user experience they need to make decisions and take action right from their iPhone or iPad through apps designed to enable a field maintenance worker

to order parts or schedule s er vice, or a do c tor to share the latest patient data with other healthcare professionals.

As market le ader in e nt e r p r i s e ap p l i c at i o n software, SAP helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device

– SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable approximately 310,000 business and public sector customers to operate profitably, adapt continuously, and grow partner/PAGE 10

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Environment

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Smart set up Libreng Tawag booths in participation to NDRRMC’s #Pagyanig 2016 earthquake drill.

Smart Satellite services highlighted during NDRRMC’s #Pagyanig nationwide earthquake drill In support of the 2016 National Simultaneous Earthquake Drill (NSED), PLDT wireless unit, Smart Communications, provided satellite communications to emergency operations centers (EOCs) in different parts of the National Capital Region (NCR).

As a member of the Emergency Telecommunication Cluster of the National Disaster Risk Reduction and Management Council (NDRRMC), Smart has been consistently providing communication aid during disasters.

These include free calling and charging services in affected areas which are made Smart representatives testing Smart Satellite handsets to be possible through used for NDRRMC’s nationwide simultaneous earthquake a partnership drill today at Camp Aguinaldo

sealed with the Department of Social Welfare and Development.

The company also deploys satellite communication services to LGUs and response units during emergency and relief operations. Smart is the only telco in the country offering satellite services.

“Communications as aid plays a crucial role during disasters. Our satellite services are a viable alternative to traditional fixed and wireless communications during extraordinary events especially when other infrastructure like power facilities are down,” said Ramon R. Isberto, head of Public Affairs at Smart.

Studies have shown that a

7.2-magnitude tremor can cause enough damage to divide NCR into four quadrants. Because of this, the NDRRMC and the Office of Civil Defense conduct quarterly simultaneous earthquake drills, to test, evaluate, and validate the disaster response plans that are in place for the national, regional, and local levels.

During the drill, participating citizens and groups from six EOCs used Smart’s satellite services for simulated rescue and response efforts. Smart Satellite handsets were provided for Smart Libreng Tawag stations in Clark Airbase and in the EOCs of the four quadrants where evacuation centers were also set up.

To aid in emergency communications in the command and control operation centers based in Camp Emilio Aguinaldo and Clark Air Base, Smart also set up Thuraya IP+ system, which works like a Wi-Fi router but takes its broadband signal from a satellite.

Smart as an organization has embraced preparedness, and has been aggressively promoting the culture of preparedness not only within its ranks but also with its partnercommunities, including the Church, academe, high-risk communities, and Filipino households under its #SafePH program.

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A Mother, All-in for Development Maribel’s Graduation Day

“Sa mga lumipas na panahon, natutunan ko na ang pagtaguyod ng pamilya ay tulad din ng pamamahala ng gobyerno, na nangangailangan ng pagkakaisa at pagtutulungan upang makamit ang tagumpay (over the years, I learned that managing a family is like managing a government, it needs unity and cooperation to succeed), says Maribel Vertudazo, a 47 year old mother of ten children from the Island of Camiguin. She claims to have learn this over her years of experience being a community volunteer to the Department of Social Welfare and Development’s KALAHICIDSS program and as a Pantawid grantee.

“Being a community volunteer taught me to be strong and creative in dealing with various types of people”, says Maribel. “While the Pantawid Pamliyang Pilipino Program is providing aide to my children’s need, I also get to improve our family income through the Sustainable Livelihood Program, an all-in privilege indeed”, she adds.

In early days In early days, Mrs. Maribel’s family was challenged after a neardeath encounter of her husband who was once a member of the Civilian Volunteer Organization (CVO) most commonly known as “Barangay Tanod” of Barangay San Jose, Mahinog, Province of Camiguin.

Accordingly, her husband was stabbed 5 times in vital parts of his body which he has to undergo vigorous surgery to survive. “Isa ka bulan mi nagpuyo sa ospital tungod sa operasyon sa akong

bana, ang iyang tambal kulang ang dos mil kadaadlaw, naglisod gyud ko ato unsaon pagbayad sa mga galastuhon (because of his surgery, we were confined in the hospital for a month, his medicines cost two thousand pesos more or less every day, it was devastating considering we do not have enough money to pay for the expenses, I didn’t know how to survive that)”, she narrates.

But because of her awareness to DSWD programs, she was able to seek for medical assistance and other support to aid their needs. “Nagpasalamat gyud ko sa DSWD kay wala gyud ko gibalibaliran panahon sa among kalisod, (I was thankful to DSWD because they didn’t fail us in times of our struggle”, she affirms.

Moving forward Although Mr. Virtudazo survived the incident, his vital organs was severely weakened that in result he is prohibited to do heavy lifting jobs or any heavy works for that matter.

“Pero ang akong bana gadawat gihapon ug ginagmay nga trabaho sa basakan, pangtustos sa among pagkaon kay inadlaw man iyang abot (but my husband now accepts farm labor works on a daily basis or on call basis were he earns a penny just to support our daily need for food”, Maribel says.

Given the circumstances, Mrs. Maribel has to look for other source of livelihood, she has to earn as well to support her family. Even though most of her children has families of their own, she still have four minor children to attend to.

Food Processing Training

Three of her children are being monitored under the Pantawid Pamilya program, this means that their education and health needs are supported under this program.

“Dagko gyud ang natabang sa Pantawid Pamilya program sa among pamilya kay tungod, tanang panghinaglanon sa akong mga anak sa eskwelahan gitubag na sa programa, dili na kayo ko mamroblema (I am really grateful to the Pantawid Pamilya program because it helped tremendously my children’s needs in school apart from the health benefits, I don’t have to worry too much on this matter)”, she says.

As an added income to her husband, Maribel sells “kakanin” or native Filipino delicacies to their neighborhood.

Community participation leading to development Moving forward, Maribel continues to be active in DSWD activities, given that she a community volunteer and a Pantawid grantee, she is always informed about the other development programs of the department. When the Sustainable Livelihood Program came in, Maribel knew she has to get involved. Well, she did.

She was one of the thirtyfour participants from the municipality of Mahinog, who completed the 15days Food Processing Training provided by 1 and All Technical School for this particular project. “Wala gyud ko nagduha-duha ug apil sa training, labi na kay ganahan ko magluto-luto (I didn’t hesitate to join the training especially because I really like cooking),” she asserts.

For this particular

training, the participants were taught on how to process foods, make it presentable and eventually earn from it.

“We are more than privileged to be working hand-in-hand with the government particularly in investing to human capital development, a noble approach to improve their livelihood”, says Ms. Joy Co, the President of 1 and All Technical School.

“Our school’s mission is to develop a workforce of responsible and effective citizen to make significant contribution to the manpower demand locally and globally surpassing the requirements of the industries and the community”, “But beyond this, we also want to genuinely help people like Maribel, who are persistent and resilient,

Maribel’s small business

who uses her weakness to rise and succeed”, she adds.

“Human sa among training, gitagaan mi nila ug “starter kits”, galingan, blender, kitchen tools, ug uban pang materials para sa food processing, aron makasugod gyud mi ug negosyo (after our training, the school provided us “starter kits” which included grinder, blender, kitchen tools and other materials needed for food processing necessary for us to start our very own business”, she says.

Maribel further affirms that getting involved in community development programs of the government is really important. “Base sa akong mga na-experience isip usa ka community volunteer ug Pantawid grantee, daghan gyud kog natun-an (based

on my experiences as community volunteer and Pantawd grantee, I have learned a lot of things)”, she tells. She confirmed that apart from the technicalities she learned from being a volunteer, she has also evolved as a woman.

As a wife and a mother, she now understands the importance of communication and cooperation in sustaining harmonious relationship among families. Most of all, she feels confident about herself.

In her final statement, Maribel emphasized, “kitang tanang pwede mahimong instrumento alang sa kalambuan sa atong nasod (all of should take part in developing our nation, we can be instruments of change)”.

Written by Jamila M. Taha, DSWD

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OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

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eleventh graders who will start schooling this June 13 after the weeklong Brigada Eskwela.

According to principal Gina Labitad, PhD, the Grade 11 students will be divided into seven sections – one for general academics track, two for information and communications technology track, two for electrical installation and maintenance track and two for housekeeping

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HE city government of Cagayan de Oro on Friday inaugurated the three-level 21-classroom Senior High schoolbuilding of Carmen National High School.

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track. Those are the tracks that Carmen National High School offers for now.

Costing P33.9 million, the Senior High schoolbuilding of Carmen National High School was built using the Special Education Fund of the Local School Board of the city government of Cagayan de Oro under the mayorship of reelectionist Oscar Moreno.

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Mayor Oscar Moreno (third from left) leads in opening the Senior High schoolbuilding of Carmen National High School. Along with him are (from left) city administrator Dionnie Gersana, assistant schools division superintendent Dr. Reynaldo Manuel Jr., Carmen kagawad Joaquin Raineir Uy and principal Dr. Gina Labitad. PHOTO BY MARK FRANCISCO

Feeding... from page 6

it was also recommended that food budget allocation must be increased. Likewise, the effect of inflation should also be considered in food budget allocation.

Finally, the Tabunda s u g g e s t e d t h at D e p E D should review its basis for the 70-percent nutrition target for the SBFP, which has since been increased to 80 percent in the school year (SY) 201516 implementation.

The link between ma l nut r it i on and p o or p e r for manc e i n s cho ol such as absenteeism, early dropout, and poor classro om p erformance of school children is well established in the literature.

Likewise, evidence shows that school-based nutrition and health interventions are effective in improving school performance. Thus, the DepED has been conducting conditional food transfer programs since 1997.

D e p E d ’s f e e d i n g program was first offered as the Breakfast Feeding program in 1997 to address short-term hunger among public school children. It eventually shifted focus to addressing undernutrition or malnutrition after SY 2008-2009. In 2012, it was renamed to its current name

SBFP as feeding time was no longer limited to breakfast.

For SY 2014-15, the national government targeted all the 562,262 severely wasted children enrolled in kindergarten to Grade 6 in public schools for the SBFP, or about 3.8 percent of approximately 14.9 million children enrolled in public schools. Previously, DepED had been targeting only a fraction of the total number of severely wasted pupils due to budget constraints.

The SBFP provides food to severely wasted children or those whose weightfor-height measurements are below the minus-three standard deviation cut-off established by the World Health Organization for well-nourished populations.

It is conducted in schools over a period of 100 to 120 feeding days for a given batch of program beneficiaries.

According to the PIDS p ap e r j oi nt ly aut hore d

by Tabunda, PIDS Senior Research Fellow Jose Ramon Albert, and PIDS Consultant Imelda Agdeppa, the SBFP was generally implemented well, with majority of the scho ol heads, teachers, and parents expressing appreciation for the program and with many of them expressing a desire to see the program continued, and if possible, expanded.

A lt hou g h t he t arge t goal of having at least 70 percent of beneficiaries attain normal nutrition status by the end of the feeding program may have not been attained in SY 2013-14, the paper noted that these are caused by problems beyond the control of program implementers.

Meanwhile, the goal of improving school attendance by beneficiaries to at least 85 percent for the entire school year had been attained.

Ho w e v e r, t h e a u t h o r s pointed out that children who are not beneficiaries of the program also have good school attendance records.

They added that the feeding program appears to help improve attentiveness in class and sociability of beneficiary pupils.

The PIDS study, which surveyed about 7 percent of the total number of severely wasted pupils enrolled in t h e p u b l i c e l e m e nt a r y schools for SY 2013-14, aims primarily to assess the outcomes and impact of the SBFP in terms of its stated educational and nutritional objectives. It is part of a research project

by PIDS to evaluate the effectiveness and impacts of key government programs and projects. Spearheaded by the National Economic and Development Authority and

constructed under the Moreno administration since 2013, it features a covered roofdeck which could be used as an evacuation center during dire times or simply as a meeting place for various school activities. All classrooms have their own toilets. There is also a ramp which can be used for differently-abled students.

During the turnover, Carmen National High School supreme student government president Christie Ann Pagaran urged her fellow students to take care of their new schoolbuilding and prevent its vandalization such as writing graffiti on the newly painted walls.

In the same event, assistant schools division superintendent Dr. Reynaldo Manuel Jr. likewise thanked Moreno for continuing to construct classrooms using the Special Education Fund.

“Mayor Moreno has truly transformed the physical landscape in CDO education,” Manuel remarked.

With this, a total of 450 classrooms have been constructed by the Moreno administration since he took over as mayor in 2013.

the Department of Budget and Management, the impact evaluation (IE) studies were c on du c t e d t o prom ot e greater transparency and accountability in government. IE is a special type of research that allows policymakers and program implementers to ascertain whether a particular program is achieving its objectives and whether the results are attributable to the intervention.

Partner... from page 7

s u s t a i n a b l y. F o r m o r e information, visit www. sap.com.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch an d Appl e T V. Appl e’s four software platforms — iOS, OS X, watchOS and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

BusinessWeek MINDANAO

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Votes... from page 1

In Cagayan de Oro, the Parish Pastoral Council for Responsible Voting (PPCRV) in the provinces covered by the Archdiocese of Cagayan de Oro has not foreseen any violence-related concerns in the Monday elections.

The archdiocese covers Misamis Oriental, Camiguin, and Bukidnon.

Fr. Saturnino Lumba, the archdiocese coordinator of the PPCRV, said that the pastoral council has mobilized 7,000 volunteers to work as desk assistants inside voting precincts in the three provinces, including Cagayan de Oro City.

“So far, we haven’t received reports of impending tension that may escalate into violence during the actual polls,” Lumba said.

Lumba, however, said that the PPCRV is ready for any contingency and believed that the police and other law enforcement agencies would be doing their assigned job, too.

Lumba also acknowledged that on Monday election, the PPCRV’s concern would be to assist the expected hundreds of voters who could not find their respective polling precincts.

He said that after the polls close at 5 p.m. on Monday, the PPCRV representative in each polling precinct would receive the fourth copy of the election return.

“The PPCRV expects that the generation of the election return would be at 6 a.m. Tuesday,” Lumba said.

Another concern that the PPCRV would be the inaccessibility of communication in some remote areas in the region, which delay the transmission of the election returns, Lumba said.

He said that the PPCRV has assigned two volunteers in each of the precinct in Northern

Mindanao.

The PPCRV was founded in 1991 after the Catholic Church in the country strongly urged its members to actively participate in political activity by raising voters’ awareness down to the precinct level.

Meanwhile, the power supply situation in the Mindanao grid has been secured for the entire election period, according to the Mindanao Power Monitoring Committee (MPMC).

The Department of Energy has created Power Task Force Election (PTFE) tasked to look into measures undertaken that would ensure power stability before, during, and after the May 9, 2016 elections.

Romeo Montenegro, the head of the MPMC Technical Working Group and director of the MinDA investment Promotions and Public Affairs Office, said that in the case of Mindanao the PTFE adjusted the period to start May 6 instead of May 2 considering that hydro power plants, Mindanao’s major source of power supply, are still struggling from El Niño-induced generation shortfall.

Starting Friday, Montenegro said Mindanao enjoyed a more steady supply of power and will experience extremely minimal or zero power interruptions.

He added that there is no reason to raise any alarm on power situation despite the toppling of Tower 25 in Lanao del Sur last week.

According to Montenegro, supply availability in the Mindanao grid is assured.

Based from recent series of briefing by the National Grid Corporation of the Philippines (NGCP), Montenegro said the Mindanao Grid’s available capacity or supply is expected to be 1,736 megawatts (MW) from May 8 to 10. Gross reserves of the island is also expected to be at 383 MW on May 8, around 373 MW on May 9, and 254 MW on May 10.

The increase in the

available capacity will be made possible with the measures implemented by the members of the PTFE like increasing the water outflow of the Agus and Pulangi Hydropower plants and the postponement of planned maintenance shutdown of some power generators prior, during, and after the elections.

Montenegro said DOE has been coordinating with the members of the PTFE to ensure the reliability and stability of not only the Mindanao Power Grid but also of the whole country.

Move... from page 1

result,” he told reporters in a press briefing in Davao.

Earlier, Marcos also bared a supposed “Plan B” of the administration to manipulate the elections by making his rival Rep. Leni Robredo win.

If she is elected, there would be moves to impeach Duterte and the current administration will remain in power.

The information on the plot was shared by a source from the Liberal Party, the senator said. They know that they won’t win. That’s why there’s a Plan B and they’re trying to make alliances,” Marcos said.

He said it was obvious that the administration does not want him to be vice president so they could impeach Duterte eventually.

“I suppose the best way to safeguard Mayor Duterte is to have me as his VP probably they won’t remove him because I’ll be the one who will replace him,” he said.

SUBSTANTIAL LEAD Marcos claims that the numbers available to his team reveal that his lead is a commanding 12% higher than his nearest rival and with this lead the ruling LP is already plotting various ways to defeat him and install Robredo as the new VP. The information about plan B, Marcos said, came from an LP

insider. Sila ang nagsabi sa akin.

He’s a member of the Liberal Party. That again is a clear indication of the desperation.”

Marcos said the best defense of a possible impeachment against Duterte is a vice president Marcos.

He said he would never support any impeachment against Duterte. And with him as VP, the Liberal Party members in Congress would not dare impeach Duterte since it would be a Marcos that would replace the president.

If ever he wins, Marcos, however, said that he would also not support any move to run after President Aquino and put him to jail.

He said it’s time to end this vicious cycle of running after the past administration and putting them behind bars as what happened to Joseph Estrada and Gloria Macapagal-Arroyo.

ASSASINATION PLOT Despite Marcos’ kid’s gloves policy against his opponents, there were reports of assassination plot against him.

He was suppose to make an appearance before a crowd of 5,000 or more in Panabo, Davao del Norte Friday afternoon, when Senatorial bet Martin Romualdez, announced that Marcos will not be able to appear before them because of security reports that there is a death threat to the VP candidate.

Mayor Duterte immediately sent security forces to protect Marcos who was still in a hotel in Davao City, which is 30-45 minutes away from Panabo City.

During the press briefing in Davao City, Marcos said they are checking the security threat.

Prodded by the media on the security risk, Marcos said that they are still in the process of verifying the report.

“It’s not yet clear, but we have received a security warning against me. Just to be safe, we’re still checking it.”

“On the basis of the warning, we defer first and then check and

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan

Office of the Municipal Civil Registrar

Office of the Municipal Civil Registrar

NOTICE OF PUBLICATION

In compliance with Rule 7 of R.A. 10172, a notice is hereby served to the public that RESELLIER M. DELOS REYES has filed with this office a petition for correction of date of birth from March 15, 1956 to MARCH 19, 1956 in the birth certificate of RESELLIER M. DELOS REYES who was born on March 15, 1956 at Kapatagan, Lanao del Norte and whose parents CLAUDIO DELOS REYES and EMELIANA MALAGAR.

Any person adversely affected by said petition may file his written opposition with this Office is not later 15 days.

(Sgd.) IVY REYES TONGCO Municipal Civil Registrar

BWM: May 9 & 16, 2016

R.A. 10172 From No. (LCRO) NOTICE OF PUBLICATION

In compliance with section 7 of R.A. 10172, a notice is hereby served to the public that MARICEL B. DUGADUGA has filed a with this office a petition for change of GENDER from FEMALE to MALE in the birth certificate of YZAH MYL HECERA DUGADUGA who was born on March 31, 2004 at Kapatagan, Lanao del Norte and whose parents are SAMMY PRATO DUGADUGA and MARICEL HECERA BULAYBULAY.

Any person adversely affected by said petition may file his written opposition with this Office not later 15 days.

BWM: May 9 & 16, 2016

(Sgd.) IVY REYES TONGCO Municipal Civil Registrar

Republic of the Philippines Province of Misamis Oriental Municipality of Initao -oOo-

Office of the Municipal Civil Registrar

NOTICE TO THE PUBLIC CFN-0005-2016

NOTICE OF PUBLICATION

In compliance with section 7 of R.A. 10172, a notice is hereby served to the public that JOREY C. PEDRAJAS has filed with this office a petition for change of GENDER from MALE to FEMALE in the birth certificate of JENLY B. PEDRAJAS who was born on April 17, 1999 at Kapatagan, Lanao del Norte and whose parents are JOREY C. PEDRAJAS and ELENA B. BATERSAL.

Any person adversely affected by said petition may file his written opposition with this Office not later 15 days.

BWM: May 9 & 16, 2016

(Sgd.) IVY REYES TONGCO Municipal Civil Registrar

OWWA... from page 2

assistance for memberseafarers for short-term maritime courses, approved b y Ma r i t i m e In d u s t r y Authority (MARINA), to upgrade their knowledge and skills and to ensure their competitive advantage in the global maritime industry.

(OWWA/PIA-Caraga)

Equip... from page 2

one - mont h te ch nol o g y transfer seminar as well as planting of high value crops that commenced on May 3 including the harvest period of their produce.

San Juan also added that SM Food Group will purchase the farmers’ produce and such are sold at SM Supermarket, Hypermarket, Savemore and SM Malls.(ACM-CIO/RTP/ PIA10)

Globe... from page 3

Officer Ernest L. Cu said in a statement, though the company did not disclose a profit guidance.

In t e r m s of c apit a l

expenditures (capex), the group spent P7.1 billion ( $ 1 5 0 m i l l i on ) m ai n ly on data requirements for the first quarter, out of its $750-million budget for the whole year.

In 2015, Globe’s capex reached P32.1 billion (around $704 million) “to support the growing subscriber base and its demand for data.”

Globe has 29,008 base stations, with over 18,900 used for 4G technology.

Bunye... from page 4

interviewed said otherwise: “Roxas ho ako. Disente at hindi bastos.”

Just before I alighted, I asked the driver: “Saan nga pala kayo boboto?”

He shooked his head: “Sayang ho. Hindi ako nakapag-biometric.” xxx When I was a boy I was told that anybody could become President; I’m beginning to believe it. ~Clarence Darrow~ Note: You may email us at totingbunye2000@gmail. com.

Loans... from page 5

P179.254 billion, coming from P164.315 billion previously. Other types of loans stood at P29.402 billion, dropping by more than a third from the year-ago level of P47.88 billion.

Despitehandingoutmoreloans for the year, the banks were able to trimtheshareofbaddebtsincurred during the year. Consumer credit stood at 16.6% of banks’ total loan portfolio for the year, which BSP said was the lowest in the region.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 18 Cagayan de Oro City BALIKATAN PROPERTY HOLDINGS, INC.,

Mortgagee/Assignee,

EJF FILE NO. 2016-114

-versus-

SPS. FE DELA CRUZ BACLAAN AND PRISCILO D. BACLAAN, JR.,

Debtors/Mortgagors.

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

FOR: EXTRA-JUDICIAL FORECLOSURE OF REAL ESTATE MORTGAGE

Upon extra-judicial petition for sale under Act 3135 as amended, filed by BALIKATAN PROPERTY HOLDINGS, INC., Mortgagee, against SPS. FE DELA CRUZ BACLAAN and PRISCILO D. BACLAAN JR., Mortgagors, with postal address at c/o DECS-Libona, Elementary School, Libona, Bukidnon and Lot 4 Block 6, Soldier’s Hill Subd., Bulua, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of March 18, 2016 amounted to ONE HUNDRED EIGHT THOUSAND PESO (Php 108,000.00) Philippine Currency, the undersigned Sheriff will sell at public auction on May 20, 2016 at 9:00 a.m. to 4:00 p.m., at the Regional Trial Court , Branch 18, Hall of Justice (City Tourism Hall), Cagayan de Oro City, to the highest bidder for CASH and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: TCT No. T-92094

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan

R.A. 10172 From No. (LCRO)

see what is going on and there’s no need to take unnecessary risks. “ Marcos ended the press briefing expressing his gratitude to his supporters at the same time saying that the May 9 polls will be the real survey an not those being manipulated by survey firms.

He called on the Filipino electorate to guard their votes to avoid being cheated.

11

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YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

Date: April 26, 2016

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

Any person adversely affected by said petition may file his written opposition with this Office not later than May 17, 2016.

(Sgd.) ISAIAS A. JARALES

Municipal Civil Registrar BWM: May 2 & 9, 2016

A PARCEL OF LAND (Lot 4, Block 6, of Cons. Subd. Plan, Pcs10-001308, being a portion of Lot 4317-A and 4317-B, Psd-10-014007, situated in the Barangay of Balulang, City of Cagayan de Oro, Island of Mindanao, containing an area of FOURTY NINE (49) SQUARE METERS, more or less.

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

In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication.

Prospective buyers may investigate for themselves the title herein above described and encumbrances thereon, if any there be.

Cagayan de Oro City, April 15, 2016

FOR THE EX-OFFICIO PROVINCIAL SHERIFF

(Sgd.) NIZA P. TACANDONG Sheriff IV

BWM: April 25, May 2 & 9, 2016

12

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