BusinessWeek Mindanao (November 16, 2016)

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Wednesday | November 16, 2016

DOE pushes for developed countries to subsidize FIT T

By Philippine News Agency

HE Department of Energy ( D OE ) i s p u s h i n g for de veloped countries to subsidize the next round of the feedin-tariff (FIT), a subsidy granted to emerging renewable technologies at a certain rate. ”The developed country should take the burden of investing and developing, because we are a developing and poor country. It’s very difficult for us to shoulder that especially our people,” DOE Secretary Alfonso Cusi told reporters in an interview.

THE CAGAYAN dE Oro City Council committee on finance, budget and appropriations in Cagayan de Oro during its meeting took up, among others, the City Local Poverty Reduction Action Plan with the list of priority projects within the Grassroots Budgeting Menu of Programs for 2017.

This was referred by the committee on agriculture and fisheries chaired by Councilor Annie Daba to the committee for further study as per Motion No. 22683-2016 to defer action on proposed Resolution No. 2016-58 “approving and/or adopting the City Local Poverty Reduction Action Plan with the list of priority projects within grassroots budgeting menu of programs for FY 2017” duly adopted on September 13, 2016.

He noted requiring coal plants to p ay for t h e F I T wou l d b e difficult. It is currently charged through a separate line-item in power bills.

The secretary further said solar panels also cause pollution when they are produced, as it uses a lot of heat and chemicals.

Cusi has echoed the remarks of President Rodrigo Duterte, who earlier said that developed economies should subsidize the FIT as they had already reached their industrialization peak.

Aselco earmarks P355M capex for next 3 years

By CHRIS V. PANGANIBAN, Contributing Edîtor

City’s exec budget DELIBERATIONS on Cagayan de Oro city’s projected P5 billion budget for 2017 will commence soon.

The City Council headed by Vice Mayor Raineir Joaquin V. Uy is constituting the City Council as a Committee of the Whole to deliberate on the city’s Executive Budget (General Fund and Special Account-Economic Enterprises/ Utilities) for calendar year 2017 in the amounts of P4,621,842,141 and P378,157,859, respectively.

In his budget message, Mayor Oscar Moreno said the city government aims to provide affordable but quality social services, sustainable job generation and employment opportunities, capability building geared towards the development of micro and small enterprises.

SUPERMOON. The extra bright moon as seen over Dolores St., Cagayan de Oro City at 8:10 p.m. Monday, Nov. 14, 2016. This “supermoon” reportedly appears 14 percent bigger and 30 percent brighter as the full moon coincides with the moon being closest to Earth on its orbit. The moon was last seen like this in 1948, and again in 2034. MindaNews photo by Froilan Gallardo

SAN FRANCISCO, Agusan del Sur— The local electric cooperative in the province is pushing for a P355 million three-year capital expenditure (Capex) to improve its services that will cope up with the demands of an efficient infrastructure program.

The multi-million peso Capex that covers 2017 up to 2019 was submitted to the Energy Regulatory Commission

during a public hearing over the weekend at the main office of the Agusan del Sur Electric Cooperative (Aselco).

Leah Fe Estillore, Aselco Officerin-Charge, said the Capex would only entail a 19 centavo per kilowatt hour increase to the consumers if the various projects will be fully aselco/PAGE 11

Shortlist for 5th Globe Media Excellence Awards Mindanao bared BusinessWeek’s Mike Banos, Lina Reyes among finalists G L O B E Te l e c o m h a s announce d t he roster

of shortlisted entries for the 2016 Globe Media Excellence Awards (GMEA) in Mindanao. Eighty-nine (89) shortlisted entries were chosen from a total

of 444 entries submitted by print, online and broadcast journalists, columnists, bloggers, and social media influencers from Cagayan de Oro, Davao, General Santos,

and Zamboanga.

Now on its 5th year, the GMEA continues to recognize excellence in journalism exemplified by members of the print,

broadcast, online, and social media in Visayas and Mindanao. Globe first launched GMEA in Cebu and Davao in 2012 as part finalists/PAGE 11

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Economy 2 Modern nanays step up campaign on breastfeeding Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

wednesday|november 16, 2016

By RECTHIE T. PACULBA, Contributor

AIMED to teach mothers and pregnant women on establishing good milk s u p p l y, b r e a s t f e e d i n g p o s i t i o n s a n d g e tt i n g babies to latch on, the Modern Nanays of Mindanao (MNM) conducts a breastfeeding class and breast milk drive through the Nanay Meet Up on November 14.

Mothers are urged to frequently breastfeed t h e i r b abi e s e s p e c i a l l y during growth spurts in order to establish milk supply. Babies should also be properly latched and positioned to maximize the benefits of breastfeeding both by the baby and the mother.

Nadine Casiño, founder of the MNM, also

d i s c ou r age s t h e u s e of pacifiers and bottles.

“Breastfeeding is our primal instinct to nourish our baby. There is no best way to feed our baby than breast milk itself straight from the source,” Casiño added.

For mothers who find it hard to breastfeed their child direc t ly f rom the s ou rc e , t h e M N M a l s o provided a lecture on proper human milk storage as well as the proper t e c h n i q u e o f p u mp i n g human milk.

More than 30 mothers participated in the said event and were taught on handling and providing their baby’s needs.

“I j oi n m e e t up s of MNM para makatabang

sa uban nga mga nanay nga naa’y problema sa ilang pagpatotoy. Para ma-share pu d n a k o s a u b a n a n g akong nahibal-an about breastfeeding (I join meet ups of MNM so I can help other mothers who have problems on breastfeeding.

The event also allows me to share my know le dge on breastfeeding),” said Sharon Orias, a participant of the meet up.

Orias practices tandem feeding -- breastfeeding a toddler and an infant at the same time, and believes that every mother should know and experience the benefits of breastfeeding.

M N M i s a g roup of m o t h e r s w h o a d v o c at e breastfeeding, babywearing and cloth-diapering, and ai ms t o m a ke n o m om feel alone. It is a budding

group of over a thousand members comprising of stay-at-home and working

moms, pediatricians, obstetricians, advocates and families believing

in the importance of the said three principles.(RTP/ PIA10)

Lanao del Sur strengthens promotion to attract tourists

By APIPA P. BAGUMBARAN, Contributor

M A R AW I C i t y - - T h e Provincial Tourism Council (PTC) are looking at the natural conditions of Lanao del Sur and the uniqueness of its people and culture as the focus in promoting the tourism sector in the province.

During the PTC organizational meeting last week, the Council members i d e nt i f i e d c o mp e t i t i v e tourist destinations and spots across the province and scheduled an ocular inspection of these areas in the third week of November.

After the inspection,

the PTC and its Technical Wo r k i n g G r o u p w i l l recommend the needed infrastructures to boost the tourist spots.

The PTC also approved the putting of “I Love Lanao del Sur” emblems in strategic areas of the province.

The promotion of Meranao crafts and food products, especially their unique spice called ‘palapa’ were also tackled during t he me e t i ng to att r a c t prospective tourists to visit the province, not only for its natural beauty but also for its unique products and cuisine.

The C ouncil fur ther plans to focus part of its promotional efforts on halal tourism in a bid to tap the growing market of Muslim tourists.

The PTC was created through an Executive Order dated September 29, 2016 to provide technical support to the provincial government and recommend policies and programs for tourism promotion and development.

The Council is composed of representatives from the provincial government, provincial heads of nat i ona l l i ne age nc i e s , and representatives from the business and banking sectors. (APB/PIA-10)

Regional, local devt councils hold joint consultation-meeting in Lanao Norte RPN Radyo Ronda Stations Nationwide

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TUBOD, Lanao de Norte – Lanao del Norte hosted the conduct of the Joint Consultation-Meeting of the Regional Development Council (RDC) and the Provincial Development Council of the province in the Formulation of the Regional Development Plan for 20172022, on Nov. 9, 2016, at the MCC Gymnasium, Sagadan, Tubod town.

RD C C hair man and Bukidnon Governor Jose Ma. Zubiri Jr. presided over

the joint consultation meeting alongside Lanao del Norte Governor Imelda QuibranzaDimaporo.

Zubiri said this is the second province he has held series of joint consultationmeetings region-wide. The first was held in Misamis Occidental province last Nov. 8.

Joining governors Zubiri and Dimaporo were Lanao d el Nor te 1 st D ist r i c t Representative Abdullah D. Dimaporo, 2nd District

Representative Mohamad Khalid Dimaporo, RDC vice chairperson and National Economic Development Authority, Regional Office 10 (NEDA 10) Regional Director Leon Dacanay, along with Executive Assistant IV Sittie Aminah Dimaporo, among others.

"What we did here is the first to happen. In the past, the RDC meetings are done once every three months; and, what really happened was Meeting/PAGE 9

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

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3

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Opinion

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What Art Has To Offer Me

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

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Executive Editor

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Feature Editor

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Make Excuses or Make Money Think a minute…A ver y successful business has this as their motto: “You can make excuses, or you c a n m a k e m o n e y, b u t you can’t do b oth!” It’s true. Many times we make e x c u s e s b e c a u s e w e’r e afraid. We’re afraid to fail, and of what people might t h i n k . We’r e a f r a i d t o change and do something new and different. Or we’re afraid that we don’t have what it takes to b e successful. We think we’re not smart enough. But it’s only after you push past thes e fears and excus es that you can be confident to go for it ! T hat’s t he only way to star t b eing successful in your life.

Yo u s e e , s u c c e s s f u l p e o p l e a re hu m a n j u s t l i ke you an d m e. T h e y have to face the same fears and excus es we all d o. B u t t h e d i f f e r e n c e is in what the y do with their fears and excus es.

Ev e n t h o u g h t h e y f e e l af raid just like us, the y simply discipline and force themselves to go for it anyway. That’s the only way any ne w successful career or business got s t a r t e d . R e m e m b e r, su c c e s s f u l p e opl e we re als o unsuccessful, until

THINK

A Minute

Jhan Tiafau Hurst the y chos e to exchange their habit of making excuses for the better habit of making the most of their abilities.

It just makes sense it’s the One Who made you Who knows all of your abilities and potential He gave you. S o if you ask Him to be your personal life manager, He’ ll help you b ecome all that He pl an n e d for you to b e.

And the first thing He’ ll do is get you to stop ma k i ng e xc us e s and to start being a success by b eing your b est. S o why not ask Jesus Christ to forgive you and to take charge of your life today? Then, you can get star ted down your road to success. Just Think a Minute…

Some friends said that art is just a hobby for me and would not be my main career. I understand some of them may attempt to discourage me in taking an artistic pursuit pointing that it is like punching the moon. But no one becomes an artist by filling his or her palette with people’s buckets.

Understand this: my muse would not be silent and has led me to limn and sculpt.

An artist may not be a business professional but he or she can strategically navigate his or her way to growth. One does not need to see the bridge first before walking; rather, he or she should step in faith and the bridge will form to connect.

My friend Harry Mark Gonzales—an Ilonggo artist—started as a sikad dr iver w ho ne ver gave up his art. Through his explorations to evolve, he then became the grand champion of Metrobank Art and Design Excellence (MADE 2007) in sculpture.

A month ago, he exhibited his marble sculptures at CuriousCurator gallery in Makati. It was amazing: art collectors were captivated and raced to acquire his women compositions. In just three days, his works were sold out garnering around P300k for the exhibitor.

Province-based artists should be inspired by such a story.

If they think they will stay forever in the outskirts, they are wrong. Some have already ventured into the mainstream art like Sam Penaso. A boholano by

origin, Penaso first worked in his uncle’s advertising shop until he finished his fine arts degree. By grit and talent, he has become one of the icons in the country’s art scene who need no secure job to sustain his art career.

In fact, he is now ten times more economically secure than an ordinary college mentor.

With cases like Harry Mark and Sam, I challenge the prejudices that surround the regions nowadays: if one is an artist, he or she will not be a burden to someone; he or she can truly shine.

The pursuit of an artist is the pursuit of freedom— liberation from the need to live according to someone else’s design; liberation f r o m mu n d a n e v a l u e s that hold back humanity’s a d v an c e m e nt . Wh at i s exciting: an artist can make his blueprint and become what he dreams of.

T h i s i s w h at I ju s t discovered in my art career.

Having started in 1998 as a self-taught artist, it took me long to evolve my own style and hold solo exhibits: I only started my first solo at the University of the Philippines in the Visayas Art Gallery in 2009. A year later, I choose to exhibit another one at De La Salle University Museum in Bacolod City. Then out of my desire to shift from being a full-time mentor into a fulltime artist-businessman, I launched “Larawan on Wings” in 2013—a solo exhibit at Museo Iloilo.

I also tested my limitations by joining art contests and found myself

blessed with two semifinalist (actually the same as a finalist) awards in MADE sculpture. Aside from this, I also laboured as a cultural advocate/worker: I founded Hebron Artists and trained the ati of Panay. My cultural work efforts are also blessed: the ati artists have continually competed and exhibited in their annual visual arts festival sponsored

by Kalinawa—a Makatibased foundation.

Wi t h my d e s i r e t o advance, I recently tried to arrange my next solo exhibits in the national capital region and made some galler y owners interested. Two weeks ago, I was interviewed by Paulino Garcia—the owner of Ricco Renzo gallery of LRI Design Plaza, Makati. The spacious place and patronage of the gallery’s artworks excites me. A simple exhibit of flowers could generate a revenue of as much as P240k for the artist. Though I will shoulder the opening cocktails, the 70 percent share of the exhibitor from the sold pieces is not offered elsewhere (most galleries have a 50-50 sharing scheme).

I could have included another interview with Mrs. Uy, owner of Galerie Y at SM Megamall but she postponed my schedule because of Undas. The space is also attractive. When I peered through the gallery, a display of c o l ou r f u l p ai nt i ng s was well appreciated by collectors with around 60% sold paintings shown by the red dots. Though I did not

lucell larawan yet present the samples of artworks for exhibition, I have already been blocked for a solo in that venue.

What revives my energy is the prospect of holding my two one-man shows next year in the center of Philippine art. I may be based in Bohol but that does not imply I cannot fit in the main art scene. That does not imply I will still be imprisoned by the probinsyano bias. If I continually become faithful, bridges will appear when the quest seems impossible.

I realize artists just need to continually morph. There is no such thing as pure art so they have to consider not only the aspect of expression.

How about the need to find a niche in the market? Some authors may say art is king and needs no client approval; but how does that make sense for a king without even a condo unit?

Realizing that this, I will evolve and find my place as an artist. The good news: no longer will art be a chase for the moon. For me, it can become both a way to show the spirit and give some financial rewards.

Yardstick for helping others LIFE’S INSPIRATIONS: “…

Seek good, not evil, that you may live. Then the LORD God Almighty will be with you, just as you say he is…”

(Amos 5:14, the Holy Bible).

-ooo D O CTOR OF PHILOSOPHY SHOWS TALENT AS A ROTARIAN: The Rotary Club of Intramuros, which is now headed by my wife, former Judge Angelina Mauricio as its All Star President for Rotary Year 2016-2017, is a part of Rotary International District 3810 that is blessed with members with great talents. Take the case of Rotarian Dolly Liwag, for instance.

Dolly writes quite well, and her talent in writing may have been honed by her being a doctor of philosophy in English, and a longtime faculty member of the Pamantasan ng Lungsod ng Maynila. My wife asked her to talk about Rotary charity, and here was her discourse, given on November 10, 2016: “What is the height of charity?

“Mother Theresa, the saint from Calcutta, India, said that charity means giving help to people not related to the giver by blood

or affinity. It is indeed expected that a person will help relatives due to blood ties, as well as friends, due to affinity.

-ooo B U S I N E S S WO M A N HELPS FIRE VICTIMS, PRO BONO: “Being charitable to blood relations and friends is therefore a matter of course, since there is an obligation to help them.

But what about those we do not know? Can we just close our eyes and ears to their woes? A test of act of charity was experienced by a fellow Rotarian Susan Balanay one late afternoon. “ `They don’t have shelter and food to lean on after they lost their houses!’ This was the voice of Susan Balanay, airing concern over the victims of a fire that struck a portion of Las Piñas City a few weeks ago. She was caught by a TV camera while opening her spacious lawn and house for the victims composed of women, men and children together with their remaining things.

“She provided hot meals and temporary shelter to m o st i n for m a l s e tt l e rs of Las Piñas City. When inter viewed, she just mentioned her name and

nothing more, and se was even seen trying to dodge the cameras, avoiding publicity.

No fanfare, Susan provided service above self, a motto of Rotary International to her neighbors and fire victims.

-ooo ROTARIANS ARE OUT TO DO SERVICE ABOVE SELF: “Actually, Rotarians are re a l ly out to s er ve above self. Take the case of the Mauricio couple--Judge Angelina and Atty.

Batas---of the Rotar y Club of Intramuros. Both are brilliant lawyers who could earn more in their law practice and yet they have dedicated significant portion of their legal minds in spiritual lawyering. The probono practice they are doing brought justice to the victims of circumstances.

“What is unique in their legal intervention is the spiritual guidance they give the people they help. This is why they are blessed, with another lawyer in the family, their daughter, Luisa, who is supposed to have inherited the spiritual genes from her parents.”

A short footnote to a portion of Dolly’s speech pertaining to me and my wife: one day, she found

K akampi

Mo A ng Batas

Atty. Batas Mauricio herself needing legal advice.

She came to our office, and she was shocked that even before any interview over the facts where she needed counselling, she was introduced to the true source of any real help--God and His Bible.

-30 PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way): a Bible study and prayer session online could now be heard, 24 H O U R S a d a y, i n t h e Philippines and the world at w w w. f a c e b o o k . c om / angtangingdaan or www. facebook.com/ANDKNK (and look for “Ang Tanging Daan” broadcasts). Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

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CorporateWorld

Globe acquires new way to market brand via video push notifications G L O B E Te l e c o m , through its Digital Ventures division and subsidiary company AdSpark, recently announced its partnership with Incoming Media for its mediaphoneX solution to power video notifications within selected mobile app l i c ati on s . Fi r st to integrate are SEATS, the restaurant booking app, and Mynt, the financial services app.

“The Philippines is one of the most dynamic mobile and digital countries in the world, and Globe and the AdSpark team are the perfect partners to take us into this market. We are excited about their level of innovation and hope to take what we learn in the Philippines to other markets in the Asia Pacific region.” said Mark Adams, CEO of Incoming Media.

In c o m i n g Me d i a i s the leading mobile video engagement and advertising platform for brands and operators. The mediaphoneX solution uses predictive data analytics and intelligent content pre-loading to enable t he cre at ion of p e r s o n a l i z e d , f l aw l e s s mobile video experiences.

Through the use of on-device, energy-efficient machine learning and context-based predictive data analytics, the Incoming platform learns and understands how each viewer consumes video on their device.

Alongside AdSpark, a Globe subsidiary that is data driven mobile first and digital marketing agency that delivers highly profiled campaigns depending on the need of its clients may it be location based or customized to consumers’

spending behavior, interests and others, have acquired mediaphoneX which is being used by SEATS, a multi-channel restaurant reservation platform that is available on both web and mobile.

SEATS aims to enhance the dining experience by providing diners an easy way to make table reservations 24/7 right on the mobile phone and by providing restaurants with the right tools to manage reservations more efficiently, improve in-house productivity and overall, provide their customers with better service.

SEATS provides free, instant and guaranteed reservations at the top restaurants in the metro.

“Globe chose to partner with Incoming based on their unique technology.

Their team has spent many

years developing a mobile video notification that puts a quality user experience at the center of their solution.

We are looking forward to seeing an increase in engagement and additional monetization opportunities for both SEATS and MYNT, and other applications to come.” said Glenn Estrella, Vice President of Globe Telecom’s Digital Ventures and President of AdSpark.

“Globe is always out looking for new innovations to help businesses flourish.

Through this new acquisition of mediaphoneX, we have redefined push notifications from as simple as SMS to videos that direct you to the website,” Estrella stressed.

This video push notification technology is available through AdSpark and is currently being offered to Globe Telecom clients.

A DERMATOLOGY clinic owner was convicted b y t h e R e g i o n a l Tr i a l Court of Quezon City for failure to remit nearly P2 million in Social Security System (SSS) m ont h l y c ont r i but i on s of his employees in direct violation of Republic Act 8282 or otherwise known as Social Security Act of 1997.

S S S A s s i s t a n t Vi c e President for Operations Legal Department Renato Jacinto S. Cuisia said that Dr. Joel C. Mendez, owner of the Weigh Less Center located at Farmer's Plaza in Cubao, was sentenced to a jail term ranging from six years and one day as minimum to seven years as maximum.

“The court also directed Dr. Mendez to pay SSS

a total of P1,865,657.50 representing unpaid contributions from October 2011 to Januar y 2013 with an interest of three percent per month from July 2015 until full p ay m e nt . He w i l l a l s o pay a fine amounting to P15,000,” said Cuisia.

According to the decision, SSS discovered the delinquency after it monitored and examined t he comp any’s re cords.

SSS then issued a billing statement citing the total amount of liability which was received by company manager Genevieve C. Galicia.

R o s a B. R i v e r a , t h e person in charge of the c omp any ’s a c c ou nt i n g , visited SSS Cubao to inquire about how to settle the SSS delinquency

through cash or by instalment. Despite the ample time given by the a g e n c y, t h e c o mp a ny ’s overdue SSS obligat ion remained unpaid. “ We g av e Me n d e z a chance since he expressed w i l l i ng n e s s t o h ave an out-of-court settlement but he failed to comply within the alloted period.

As much as we want to help him, we have a primar y obligation to ensure that SSS premiums are paid so that the employees will get the benefits they deserve,” said Cuisia.

The accused Mendez posted bail amounting to P24,000 for his provisional l i b e r t y. W h e n Me n d e z and his counsel failed to appear in the scheduled hearings despite due notice, the court forfeited

the cash bond and issued a warrant of arrest.

A c c o r d i n g t o At t y.

Louella Xylle T. Apilado, SSS handling lawyer, the d e fe ns e f ai l e d to rebut the documentar y and testimonial evidence presented by the pension fund.

“Employers are sternly reminded of their responsibility to report their workers for SSS coverage and remit their employees’ contributions in full and on time. We also call on our members to remain vigilant in monitoring whether their monthly SSS contributions a re du l y p a i d by t h e i r employers,” Cuisia said.

T h e d e c i s i on of t h e court on the conviction is already final and executor y.

Derm clinic owner with unpaid SSS dues gets 7-year jail term

MONITORING VISIT. Representatives of the Social Welfare and Development Reform Project-World Bank monitors the implementation of Pantawid Pamilyang Pilipino Program of the Department of Social Welfare and Development such as this during the payout of cash grants to beneficiaries in Nazareth, Cagayan de Oro City. They also check the effectiveness and efficiency of the program implementation during the conduct of Family Development Session in Poblacion, Tagoloan, Misamis Oriental. Photo

by Buena Rafer, CVS Focal, Pantawid Pamilya, DSWD Field Office 10.

5 Shortlist for 5th Globe Media Excellence Awards Mindanao announced

G lobe Te l e c o m h a s announced the roster of shortlisted entries for the 2016 Globe Media Excellence Awards (GMEA) in Mindanao. Eighty-nine (89) shortlisted entries were chosen from a total of 444 entries submitted by print, online and broadcast journalists, columnists, bloggers, and social media influencers from Cagayan de Oro, Davao, General Santos, and Zamboanga.

Now on its 5th year, the GMEA continues to recognize excellence in journalism exemplified by members of the print, broadcast, online, and social media in Visayas and Mindanao. Globe first launched GMEA in Cebu and Davao in 2012 as part of its advocacy in supporting press freedom by honoring media practitioners who demonstrate excellence and professionalism in their field of work.

All submitted entries tou che d on any or a combination of the four (4) Sustainability Focus Areas: care for the environment, innate care for our people, positive societal impact, and digital nation.

This year’s GMEA is anchored on the company’s commitment to the United Nations Sustainable Development Goals as part of its advocacy to help create a Wonderful Philippines.

“The critical role of media organizations and online communities in forming and shaping public opinion makes it imperative for technology organizations like Globe to encourage excellence in this field as we all aspire to effect societal change,” Globe Senior Vice President for Corporate C ommunications Yoly Crisanto said.

Various awards are at stake for different media practitioners. For print media, recognition shall be conferred to the reporter of the year for print, explanatory/investigative story of the year for print, columnist of the year, and photojournalist of the year. For broadcast media, awards will be given to the reporter of the year for radio, public affairs story of the year for radio, reporter of the year for television, and explanatory/ investigative story of the year for television. Finally, for digital media, honors shall be granted to the blogger of the year, social media campaign of the year, social media advocate of the year, and the reporter of the year for online news portal.

Shor t liste d for t he Reporter of the Year for Print were RG Antonet Go for “DSWD: Government’s 4P produces 218 college graduates in Region 9” (Zamboanga Today), Hader

Glang for “4 Indonesian hostages freed by Abu Sayyaf ” (Z amboanga Today), Nonong Santiago for “CHO acts on complaints vs. mall waste water disposal” (Zamboanga Today), Mike Baños for “Sowing the seeds of lasting peace in the mountains of Iligan” (The Philippine Graphic), Jigger Jerusalem for “Global water shortage seen in next 10 years” (Sun.Star CDO), Nitz Arancon for “Protesters accuse CA of taking bribes” (Mind anao G old St ar Daily), Henrylito Tacio for “What makes Davao City exceptional” (Edge Davao), Rhealyn Pojas for “The state of the toilet 2015” (Sun.Star Davao) and Yas Ocampo for “Upon which is water: Lessons from the marsh” (Mindanao Times).

For Columnist of the Year, the following entrants we re s h or t l i ste d : Ju n Feliciano for “Let’s bite the bullet as La Nina rears its ugly head (Zamboanga Today), Rev. Berlie Yap for “Our sympathy to the slain soldiers” (Zamboanga Today), Nef Luczon for “C l i m at e c h an g e an d social bonds” (Sun.Star CDO), Herbie Gomez for “Endangered statesmen” (Mindanao Gold Star Daily), Vic Marion Madriaga for “Digitally Stressed? How To Protect Thyself From Online Threats” (Mindanao Gold Star Daily), Henrylito Tacio for “Water vs. Dengue” ( E d g e D av a o ) , St e l l a Estremera for “When Youths Empower Each Other” (Sun. Star Davao), Reuel John Lumawag for “Don’t be fooled, to share or not” (Sun.Star Davao), Melencio Mauricio for “Who has the US$100M laundered in RP now?” (Mindanao Bulletin), and Fred Lumba for “Narco-politics threat” (Mindanao Bulletin).

In the categor y Photojournalist of the Year, the following entrants were shortlisted: Remus Ong for “Another mentally-ill man sits in the middle of the street in downtown Zamboanga” (Zamboanga Today), Erwin Mascariñas for “Bakwit School” (Sun. Star CDO), Nitz Arancon for “Salvage” (Mindanao Gold Star Daily), Lito Rulona for “Mendicants” (Mindanao Gold Star Daily), Lean Daval for “Bayanihan” (Edge Davao), Robinson Niñal for “Almost Gone” (Mindanao Daily Mirror), Bing Gonzales for “What flood?” (Mindanao Times), and Edwin Espejo for “Muslims pray during the first day of Aidil Fitri at the Grand Mosque” (Brunei Times).

Shortlisted for Explanatory/Investigative Story for Print were Mike Baños for “City Extension may be constrained by US military facility at Lumbia” globe/PAGE 9

Banking&Finance 6 Bangladesh hopes to recover Moody’s sees negative impact $30M more from cyber heist of stricter US immigration policy on Philippine’s credit rating I

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F US President-elect Donald Trump tightens immigration policies, it will carr y a negative i m p a c t on P h i l i p pi n e credit rating, according to a Moody ’s Investors Service report.

In its 2017 global outlook issued on Nov. 14, 2016, the credit rater said the election of Trump as the next US president “exemplifies the potential for unpredictable political outcome” in the global front.

Credit implications of Trump’s win “will rest in part on future US trade, immigration and security policies,” it said.

The Philippines comes into the picture in terms of any shift in immigration policies, it said.

“A policy shift that would disrupt immigration into

the US would be credit n e g at i ve for c ou nt r i e s more highly dependent on remittance flows including El Salvador, the Philippines and Vietnam,” it said. “ Ta k i n g c a m p a i g n rhe tor i c at f a c e v a lu e, the national security and defens e p olicies under President Trump could s i g n i f i c a nt l y a l t e r t h e geopolitical landscape and potentially raise geopolitical risks further,” it said.

Remittances account for about 10 percent of the Philippines’ annual domestic output and has been a major growth driver for the domestic economy for some decades now.

Bangko Sentral ng Pilipinas (BSP) data show that as of end-August this year, total remittances by overseas Filipino workers

(OFWs) reached $17.64 billion, 4.6 percent higher t h an ye ar- ago’s $ 1 6 . 8 7 billion.

Inflows from the US alone reached $5.79 billion during the same period this year, 1.5 percent higher than the $5.70 billion same period last year.

Monetary officials are confident that even with a more stringent immigration policy in the US, remittance inflows will remain strong as proven by its resiliency even during the global financial crisis Growth of remittances has slowed in recent years after surging by over 10 percent in 2014 but monetary officials said this was expected as remittances mature.

The central bank assumes a four percent growth of

remittances this year.

The report, which sees little change or even growth deceleration in some countries, also said fiscal stimulus has the potential to support growth “but carries risks for sovereign ratings.”

It cited, among others, the Philippine government’s decision to improve tax collection and compliance and increase investments, with the latter targeted t o h i k e i n f r a s t r u c t u re spending.

“Higher public investment in infrastructure funded by historically cheap debt could stimulate nearter m demand and a ls o be an important driver for raising longer-term potential growth – and could therefore be credit positive,” it added.

EastWest Bank posts higher profit EAST WEST Banking C or p. ( E ast We st B an k ) booked a 78% growth in its net income in the first nine months of the year, primarily driven by the bank’s robust lending activities and a spike in trading gains.

The Gotianun-led bank said in a disclosure to the Philippine Stock Exchange that its net income soared to P 2 . 3 3 bi l l i on i n t he January-September period from P1.3 billion in the same months last year.

“We believe the worst of the pain from the expansion program that started in 2012 that saw our branch stores grow from 168 to 443, assets from P96 billion to P268.78 billion, but kept income flat at around P2 billion is behind us now,” E astWest President and CEO Antonio C. Moncupa, Jr. was quoted as saying in

a statement. “ We a r e s t a r t i n g t o harvest the fruits of the e x p a n s i o n . We e x p e c t income for the year to reach around P3 billion for at least a 50% improvement from last year. While we are yet to realize the full potential of our infrastructure and organization, we are happy to see the steady progress,” Mr. Moncupa added.

The bank’s net interest income came in at P11.21 billion in the first nine m ont h s , ju mpi n g f rom the P9.07 billion posted in the same period last year, boosted by gains from bank’s lending business and trading and investment securities, among others.

EastWest Bank reported a 50% exp ansion in its consumer loan portfolio to P122.6 billion in the first nine months of the year.

Driven by the bank’s fees

and commissions, its noninterest income grew 42% year-on-year. Total deposits booked a 30% increase to P216 billion in the period driven by a 31% growth in its low-cost checking and savings deposits.

This pushed the E a s t We s t B a n k’s t o t a l operating income higher to P15.7 billion from last year’s P11.91 billion.

The bank’s net profit also increased despite a rise in its total operating expenses to P12.66 billion in t he p er io d f rom t he p re v i o u s y e a r ’s P 1 0 . 2 5 billion.

Meanwhile, in the third quarter alone, the bank’s net income jumped to P763.32 million from the P298.14 million it booked in the same period a year ago, according to its financial report filed with the bourse.

Net interest income stood at

P3.87 billion in the quarter, rising from 2015’s P3.23 billion. Total operating income grew to P5.3 billion from the year-ago quarter’s P3.99 billion, while total operating expenses also widened to P4.2 billion the the same three months from P3.47 billion in 2015.

As of Sept. 30, EastWest Bank has a total of 383 branches. Meanwhile, the bank’s subsidiaries have a tot a l of 5 9 br anche s, bringing the group network total to 442.

“We have a lot to look forward to as we further g row and diversif y our income sources. We now have completed our product menu as our bancassurance, non-life insurance, and wealth management are in full operating mode, while leasing will be offered as wel l ver y s o on,” Mr. Moncupa said.

BANGLADESH’S central bank hopes to retrieve $30 million more of the $81 million stolen from its account at the New York Federal Reserve in February, two bank officials said on Monday.

Hackers used stolen Bangladesh Bank credentials to try to send three dozen SWIFT messages to transfer nearly $1 billion from its Fed account. They succeeded in transferring $81 million to four accounts at Rizal Commercial Banking Corp. in Manila.

Most of the money was laundered through casinos in Manila.

On Friday, Philippine authorities began the process of handing over $15.25

million to Bangladesh.

“We are hoping to get back around $30 million which remains frozen,” Bangladesh Bank deputy governor Abu Hena Mohammad Razee Hass an, w ho he ads its financial intelligence unit, told Reuters.

A Bangladesh team was likely to visit the Philippines at the end of the month to accelerate the process, he said.

“We are expecting to get a favorable verdict from Philippines’ Supreme Court as it has already been proved that $81 million is our money,” said another Bangladesh Bank official, who asked not to be identified because he was not authorized to talk to the media.

Cebu Pacific accepts delivery of another ATR 72-600 High Capacity aircraft The Philippines’ leading carrier, Cebu Pacific Air (PSE: CEB) accepted delivery of another ATR 72-600 High C apacity aircraft last November 8, 2016. This delivery is the second of a US$673million order of 16 aircraft that was placed at the 2015 Paris Airshow.

T h e AT R 7 2 - 6 0 0 , ut i l i z e d by C e b g o ( a wholly owned subsidiary of CEB), boasts of advanced avionics, improved performance in hot and high environments and enlarged cabin along with additional seating capacity.

These added seats will help further lower unit seat costs enabling CEB to give its customers even more affordable fares.

The airline is modernizing its fleet to expand its route network and frequencies across t he archip el ago w hi le continuing to support the Philippines’ growing economy. In a competitive e nv i r o n m e nt s u c h a s t he aviat ion indust r y, these new high capacity aircraft will allow CEB

to reduce its fleet’s fuel consumption and cost per seat while responding to the increasing demand for inter-island connectivity.

CEB will in fact launch on November 19 three new inter-island routes: Cebu to Calbayog, Cebu to Ormoc and Cebu to Roxas with its ATR fleet.

“This new addition to our fleet further forwards our commitment to provide for the growing travel trend while offering more competitive fares to our valued guests,” said Alexander L ao, C ebgo President and CEO. C E B o f f e r s f l i g ht s to 36 domestic and 30 international destinations, cover ing an extensive network that spans Asia, Australia, the Middle East, and USA. Its 58-strong fleet, currently at 5.05 years, is comprised of six Airbus A319, 36 Airbus A320, six Airbus A330, eight ATR 72-500, and two ATR 72-600 aircraft.

Between 2016 and 2021, C E B e x p e c t s d el ive r y of two more brand-new aircraft/PAGE 9

Billboard 7 Rustan’s introduces new homegrown products Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

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By MARK FRANCISCO

RUSTAN’s in cooperation with Gawad Kalinga and Human Nature injected several homegrown products in the supermarket shelves around the country which are all manufactured from social enterprises and are organic and environment-friendly.

Banking on the aim of lifting Filipinos out of poverty for good, the new line revolves around the concept that every grocery item you buy is a chance to bring goodness full circle.

These items, which the retail giant dubs as Super Goods, go beyond just local and sustainably made – they have a mission to uplift the lives of Filipinos for good.

Through the initiative of these social enterprises, workers can

achieve a dignified, comfortable and secure quality of life when you choose goods that do good.

So for every product that you buy, you are assured that they are not just good but they’re super good!

For instance, Uncle Frank’s Choco Nectar helps farmers in Mauban, Quezon earn ten times more than what they used to make from cocoa.

Sabanana Chips pays farmers up to five times higher than the usual trade price for their fresh bananas.

To minimize plastic usage, Bayani Brew uses biodegradable rock paper for their product labels. On the other hand, Holy Carabao Holistic Farms is a group of family farms that grow real food on living soil without the use of chemicals,

respecting the seasons and natural cycles of our planet.

Human Nature is the Philippine personal and home care brand certified

genuinely natural by PETA. Coco Dulce’s delectable gourmet chocolates are crafted by artisans from the finest Davao cacao beans. And

Hope in a Bottle dedicates 100 percent of its profits to building public school classrooms.

In short, Super Goods

is a pioneering campaign by Rustan’s that brings local, sustainable and socially uplifting enterprises into the spotlight.

The Fraternal Order of Eagles (Philippine Eagles) NMR1 led by Gov. Dondon Allorin deployed its more than a hundred members for the yearly Dugong Bombo blood donation drive of Bombo Radyo last Saturday. The bloodletting of the Kuyas was held at the Provincial Training Center in Cagayan de Oro City. PHOTO SUPPLIED

Reyna Elena – a shining moment for Maureen, Aicy

By MARK FRANCISCO, Lifestyle Editor

IT was at one of those theatre acts centered on feminism that I first noticed her. She

was kinda fair-toned, smilingly pretty and seemingly friendly. Yet it was not just her beauty

Aicy Soriano as the alternate Reyna Elena with Mai Santillan (back to camera). PHOTO SUPPLIED

that impressed me, it was her striking performance at Vagina Monologues as a sharp and witty Tagala that made me notice.

That was nine months ago.

Fast forward to November 2016 and Maureen Ordoña and I would cross paths again (at least from a performer-spectator point of view.) Maureen was cast as Reyna Elena, the main character of the 1983 Palanca winner bearing the same name.

Penned by the late Chic Fortich of Cagayan de Oro which culminated in landing second place at the prestigious national award that year, Reyna Elena is being revived in 2016 by her

daughter Maia FortichPoblete.

In the script, Elena is a 30-ish single mom who works as a manager’s assistant for a small company. As the story develops, Elena’s pregnancy is revealed and her problems begin.

She goes away to weigh things over and recover.

When she gets back to the office, she is a totally new person. She transforms into Elena and starts a new chapter of her life.

Maureen may not be as liberated as Elena but watching her from my seat at the Xavier University Little Theater last November 11, I was simply mesmerized.

She was so stunningly

Maureen Ordoña and JC Salon in an electrifying scene from Reyna Elena. PHOTO BY MARK FRANCISCO

sultry and passionate in her performance that I almost equated her to the fictitious Reyna Elena.

Well who could blame me? After all, Maureen exudes that lovely aura wherever she goes, in character or for real.

I know. I’ve silently admired her since those VM days.

As for Aicy.....oh how could I almost forget her?

Aicy was the alternate Reyna Elena lead in the show’s two other repeats last November 10 to 11 at XULT. I have not seen Aicy perform. But based from personal experience from a bygone era not so long ago, she too is a woman of her own.

Jetti Petroleum donates 100,000 PHP to Typhoon Lawin victims Jetti Petroleum donated 100,00 PHP to support relief efforts after Typhoon Lawin hit the country.

The donation will go to the ABS-CBN Lingkod Kapamilya Foundation.

“We stand shoulder to shoulder with the Filipino communities that have suffered significant loss of life and devastating damage,” said Leo P. Bellas, Corporate Affairs Manager of Jetti Petroleum Inc., a 100% Filipino-owned company committed to providing fair-priced, high-quality petroleum products.

“Since its inception, Jetti Petroleum, together with Jetti Foundation, the corporate social

responsibility arm of the company, has helped countless Filipinos, and we are deeply committed to supporting the relief efforts of ABS-CBN in this dramatic moment for the regions hit by Typhoon Lawin.”

The ABS-CBN Kapamilya Foundation will use the funding to rehabilitate, recover, and rebuild the areas affected

by Typhoon Lawin.

About Jetti Petroleum Inc. Jetti Petroleum Inc. is a 100% Filipino-owned independent oil company committed to providing fair-priced, high-quality petroleum products.

Since its debut in 1998

as a supplier of fuels to industrial firms and transport terminals, Jetti has expanded its services to include retailing.

Currently, the company has over a hundred gas stations located across Luzon, Visayas, and Mindanao.

Jetti remains driven in adding value to its operations by conducting business ethically and professionally and in full compliance with the Philippine laws, while meeting international design and safety standards. Additional information about Jetti Petroleum is available at www.jetti.com.ph.

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Meeting...

Globe...

the projects (submitted for approval) were actually from Manila and merely approved here in the local level. But, this time it's different," Zubiri said.

Zubiri said all the local concerns are culled and be taken up directly by the RDC and then to the Office of the President.

Zubiri has vowed to bring the consolidated concerns of all the five provinces in Northern Mindanao himself direct to President Rodrigo Duterte, even before he submits the same to the NEDA to make sure that he can tell Duterte that he has fulfilled his vow to bring the concerns of his region up for the President's endorsement.

"We've been dreaming of this for quite some time.

We wanted to, at least, be given our proper share in the income that is derived from our region. But, it was never, never done. It is only now that we have the chance.

God's will that the president is from Mindanao," Zubiri said, "and he promised to help us," he added.

Gov. Dimaporo, for her part, said the meeting was attended by most of the mayors in the province, board members and line agency officials who take part in consolidating the concerns of the province.

Dimaporo said President Duterte being a former local chief executive can easily understand the concerns of the local government units in the towns and provinces, even as she said that she strongly believes in the leadership of Gov. Zubiri, as chair of the RDC, in providing the avenue to resolve their concerns.

Gov. Dimaporo singled out the Panguil Bay Bridge as among the projects she wanted to see through. "It's been long decades - the Panguil Bay Bridge. Dugay na nah (overdue already).

I was governor then. The FS (feasibility study) was submitted by Abdullah (Rep. Abdullah Dimaporo) when he was governor.

And then, sa ako nga panahon (during my term) i was the one who lobbied for that. In fact, naa nay pondo (there is a fund for that), but naudlot lang ba (it was stymied). And, I am hoping, because Public Works and Highway Sec. Mark Villar we had a meeting with the governors and he was our guest - and I followed it up with him. He told me naa jud pondo (there is really fund). The site man gud, wala pa siya na-identify.

There are two (sites for the footbridge), pero wala pay decision (but there has been no decision yet as to which of the two sites), said Gov. Dimaporo.

After the presentation of the provincial situation and challenges by Gov. Dimaporo, the participants proceeded w it h t h e s i mu lt an e ou s s e c tora l workshop and plenar y/presentation of outputs. (Cheng Ordonez/ PIO-LDN)

(Mindanao Daily News), Lina Reyes for “Different parties, different strokes” (BusinessWeek Mindanao), Henrylito Tacio for “Dengue: Hope in the horizon” (Edge Davao), Armando Fenequito Jr. for “Beyond 4Ps: What ails the country’s education programs?” (Edge Davao), and Jesse Boga for “Food safety series” (Mindanao Times).

Shortlisted for Reporter of the Year for Radio category were Jonathan Jalon for “Norovirus Epidemia in Zamboanga City”(eMEDIA), Ann Quileste for “To Love and Not To Condemn” (Bombo Radyo Philippines DXIF), Annaliza Reyes for “D-S-W-D mitabang sa mga biktima sa hulaw” (dxCC RMN), Jerome Buyco for “Damyos sa hulaw, mihapak sa P1.9 billion” (1575 Radyo ni Juan Northern Mindanao), Malu Manar for “Ketong” (DXND AM), Angely Reyes for “Mt. Hamiguitan isip ASEAN Heritage Park” (DXRD 711 Sonshine Radio), and Big Jay Lagang for “Green space in Davao” (105.9 Balita FM).

For Public Affairs Story for Radio, entrants who were shortlisted were Gilbert Climaco and Rey Bayoging for “Z3R Project Investigation – City Council Presentation” (eMEDIA), Annaliza Reyes for “Unsa ang Climate Change?” (dxCC RMN), Richard Reyes for “Kagubot sa Kidapawan: Bugas dili bala” (DXRD 711 Sonshine Radio), Big Jay Lagang for “HIV-AIDS cases: Fast and Furious” (105.9 Balita FM), and Radyo ni Juan for “Bugas dili bala: Bayolenteng Dispersal sa Kidapawan” (107.9 One Radio South Central Mindanao).

Shortlisted for Reporter for Television were Gino Franco Torres for “Pasonanca National Highschool – Update on Campus” (eMEDIA), Jonathan Jalon for “Implementation of curfew in Barangay Putik” (eMEDIA), Joey Yecyec for “Dumpsite closure and rehabilitation” (ABS-CBN Northern Mindanao), Maricel Butardo for “House in Cagayan de Oro transformed for a special cause” (ABS-CBN Northern Mindanao), Rod Bolivar for “The School of White Kulaman” (ABS-CBN Northern Mindanao), Michael Pasco for “Kalbaryo sa El Nino” (TV5 Davao), Vina Araneta-Pilapil for “BPO: Davao’s Economic Growth Driver” (ABS-CBN Davao), Jean Claire Cornelio for “Tinikaran – Sunog sa Mt. Apo Coverage” (ABS-CBN Davao), and Mhiver Jay Dayupay for “Nahigit 120 pamilyang IP sa barangay Bawing, nakakaranas ng gutom dahil sa El Niño” (ABS-CBN General Santos).

For the Explanatory/ Invest igat ive Stor y for Television categor y, the shortlisted entrants were Jonathan Jalon for “Waste water from KCC Mall” (eMEDIA), Frederick Atilano for “Dugha de basura estaba ng sanitary landfill” (eMEDIA), Jonathan Joe Rebollos for “Investigative report on NHA Housing at Barangay Cabaluay” (eMEDIA), PJ Dela

from page 2

from page 5

Peña for “The Lost Settlement (Philippine Star). of Himologan” (ABS-CBN For Blogger of the Year, Northern Mindanao), Ben shortlisted entrants were UJ Jason Tesiorna for “Christmas Almocera, Irene Aserios, in Davao, A Lumad Attraction” Rudolph Ian Alama, Mike (CNN Philippines), Michael Baños, Olan Emboscado, Rob Pasco for “Paglaum sa Badjao” Gumba, Vic Marion Madriaga, (TV5 Davao), and Irene dela and Dr. Filipinas Rojo.

Cruz for “Pangandoy” (TV5 For the Social Media Campaign category, shortlisted Davao).

For the digital categories, were Davao Eagle Online, the shortlisted entrants for Mhiver Jay Dayupay, Olan the Reporter for Online News Emboscado, and Dr. Filipinas Portal category were Henrylito Rojo.

Tacio for “Where have all our Shortlisted for the Social fish gone?” (Edge Davao), Media Advocate category were Mart Sambalud for “Building a UJ Almocera, Irene Aserios, disaster-resilient communities Mhiver Jay Dayupay, Olan thru Oplan Andam” (Davao Emboscado, Ace Morandante, Today), RA Colina for “Datu: and Kilab Multimedia. leave the lumads alone” The Awards Night for (MindaNews), Mike Baños the Globe Media Excellence for “Of a Promise Kept: A Higa- Awards Mindanao will be held onon’s Walkabout” (Kagay-an. on November 22, 2016 at the com), Bobby Lagsa for “Plight Marco Polo Hotel in Davao of the Badjao” (Rappler), Erwin City.

Mascariñas for “Nomad’s Lens: National Scientist calls for protection of Misamis from page 6 Oriental town Sailfin Lizard” Airbus A330, 32 Airbus (Interaksyon), Hader Glang for A321neo, and 14 ATR 72“Zambo City leaders reiterate 600 aircraft. stands on Bangsamoro in last F o r b o o k i n g s a n d SOCA” (Zamboanga Today), inquiries, guests can visit RG Antonet Go for “Zambo www.cebupacificair.com City jail installs visitor tracking or call the res er vation system” (Zamboanga Today), hotlines (+632)7020-888 Nonong Santiago for “DTI: or (+6332)230-8888. The School supplies with high latest seat sales can be found lead content dangerous for on CEB’s official Twitter children” (Zamboanga Today), (@C ebuPacif icAir) and Edwin Espejo for “Tawi-tawi Facebook pages. takes pride in its marine trade” Guests may also download (Brunei Times), and John Felix the Cebu Pacific official Unson for “The peculiarity mobile app on the App Store of ARMM’s bloody politics” and Google Play.

Aircraft...

Derm clinic owner with unpaid SSS contributions gets seven-year jail term A dermatology clinic owner was convicted by the Regional Trial Court of Quezon City for failure to remit nearly P2 million in Social Security System (SSS) monthly contributions of his employees in direct violation of Republic Act 8282 or otherwise known as Social Security Act of 1997.

SSS Assistant Vice President for Operations Legal Department Renato Jacinto S. Cuisia said that Dr. Joel C. Mendez, owner of the Weigh Less Center located at Farmer's Plaza in Cubao, was sentenced to a jail term ranging from six years and one day as minimum to seven years as maximum.

“The court also directed Dr. Mendez to pay SSS a total of P1,865,657.50 representing unpaid contributions from October 2011 to January 2013 with an interest of three percent per month from July 2015 until full payment.

He will also pay a fine amounting to P15,000,” said Cuisia.

According to the decision, SSS discovered the delinquency after it monitored and examined the company’s records. SSS then issued a billing statement citing the total amount of liability which was received by company manager Genevieve C. Galicia.

Rosa B. Rivera, the person in charge of the company’s accounting, visited SSS Cubao to inquire about how to settle the SSS delinquency through cash or

by installment. Despite the ample time given by the agency, the company’s overdue SSS obligation remained unpaid.

“We gave Mendez a chance since he expressed willingness to have an out-of-court settlement but he failed to comply within the alloted period. As much as we want to help him, we have a primary obligation to ensure that SSS premiums are paid so that the employees will get the benefits they deserve,” said Cuisia.

The accused Mendez posted bail amounting to P24,000 for his provisional liberty. When Mendez and his counsel failed to appear in the scheduled hearings despite due notice, the court forfeited the cash bond and issued a warrant of arrest.

According to Atty. Louella Xylle T. Apilado, SSS handling lawyer, the defense failed to rebut the documentary and testimonial evidence presented by the pension fund.

“Employers are sternly reminded of their responsibility to report their workers for SSS coverage and remit their employees’ contributions in full and on time. We also call on our members to remain vigilant in monitoring whether their monthly SSS contributions are duly paid by their employers,” Cuisia said.

The decision of the court on the conviction is already final and executory.

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CONGRATULATIONS AWARDEES!

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Aselco... from page 1

implemented. She added consumers would actually feel a lesser 10 centavo per kilowatt hour increase due to the efficiency cost that will be save from single-digit system loss.

It was already seven years ago that Aselco made an increment in electricity rates r in the wake of the demand improving the facilities and infrastructure of the cooperative which already started to depreciate.

ERC Commissioner Joselina Patricia Asirit, who presided the hearing, said the Capex is quiet justifiable considering the necessity of Aselco to replace dilapidated equipment and facilities to maintain an ideal sound financial management.

“C ost-efficienc y will redound to the best interest of the consumers,” Asirit said.

S h e a s s u re d As e l c o officials to fast track the approval of the Capex for them to obtain a loan from the National Electrification Administration in due time.

While awaiting approval, Asirit said Aselco can generate funds to start implement projects set to start in January 2017 based on the proven integrity of the cooperative.

“They just have to notify us within 90 days if they wish to pursue the priority projects,” she said.

Among t he proj e c ts set to be implemented are replacement of dilapidated wood poles, replacement of substation equipment, new digital electric meters, rehab of line hardwaocure and materials, procurement of tools and equipment, transportation equipment, improvement of structures and upgrading the information technolog y infrastructure.

Asirit said the review of the Capex application will be done in proper manner as ERC had already initiated reforms in the manner of evaluation based on the certification from NEA on the integrated Capex planning module. “ Were’ looking for cost benefits for the good of the public.

Finalists... from page 1

of its advocacy in supporting press freedom by honoring media practitioners who demonstrate excellence and professionalism in their field of work.

All submitted entries touched on any or a combination of the four (4) Sustainability Focus Areas: care for the environment, innate care for our people, positive societal impact, and digital nation.

This year’s GMEA is anchored on the company’s commitment to the United Nations Sustainable Development Goals as part of its advocacy to help create a Wonderful Philippines.

“The critical role of media organizations and online communities in forming and shaping public opinion makes it imperative for

technology organizations like Globe to encourage excellence in this field as we all aspire to effect societal change,” Globe Senior Vice President for Corporate C o m m u n i c a t i o n s Yo l y Crisanto said.

Various awards are at stake for different media practitioners. For print media, recognition shall be conferred to the reporter o f t h e y e a r f o r p r i nt , explanatory/investigative story of the year for print, columnist of the year, and photojournalist of the year.

For broadcast media, awards will be given to the reporter of the year for radio, public affairs story of the year for radio, reporter of the year for television, and explanatory/ investigative story of the year for television. Finally, for digital media, honors shall be granted to the blogger of the year, social media campaign of the year, social media advocate of the year, and the reporter of the year for online news portal.

Shortlisted for the Reporter of the Year for Print were RG Antonet Go for “DSWD: Government’s 4P produces 218 college graduates in Region 9” (Zamboanga Today), Hader Glang for “4 Indonesian ho st age s f re e d by Abu Sayyaf ” (Zamboanga Today), Nonong Santiago for “CHO a c t s on c ompl ai nt s v s . mall waste water disposal” (Zamboanga Today), Mike B años for “S ow ing t he seeds of lasting peace in the mountains of Iligan” (The Philippine Graphic), Jigger Jerusalem for “Global water shortage seen in next 10 years” (Sun.Star CDO), Nitz Arancon for “Protesters accuse CA of taking bribes” (Mindanao Gold Star Daily), Henrylito Tacio for “What makes Davao City exceptional” (Edge Davao), Rhealyn Pojas for “The state of the toilet 2015” (Sun.Star Davao) and Yas Ocampo for “Upon which is water: Lessons from the marsh” (Mindanao Times).

For Columnist of the Year, the following entrants were shortlisted: Jun Feliciano for “Let’s bite the bullet as La Nina rears its ugly head (Zamboanga Today), Rev. Berlie Yap for “Our sympathy t o t h e s l a i n s o l d i e r s” (Zamboanga Today), Nef Luczon for “Climate change and social bonds” (Sun.Star CDO), Herbie Gomez for “Endangered statesmen” (Mindanao Gold Star Daily), Vic Marion Madriaga for “Digitally Stressed? How To Protect Thyself From Online Threats” (Mindanao Gold Star Daily), Henrylito Tacio for “Water vs. Dengue” (Edge Davao), Stella Estremera for “When Youths Empower Each Other” (Sun. Star Davao), Reuel John Lumawag for “Don’t be fooled, to share or not” (Sun.Star Davao), Melencio Mauricio for “Who has the US$100M laundered in RP now?” (Mindanao Bulletin), and Fred Lumba for “Narcopolitics threat” (Mindanao Bulletin).

In the category Photojournalist of the Year, the following entrants were shortlisted: Remus Ong for “Another mentally-ill man sits in the middle of the street in downtown Zamboanga” (Zamboanga Today), Erwin Mascariñas for “Bakwit School” (Sun. Star CDO), Nitz Arancon for “Salvage” (Mindanao G ol d St ar D ai ly ) , L ito Rulona for “Mendicants” (Mindanao Gold Star Daily), Lean Daval for “Bayanihan” (Edge Davao), Robinson Niñal for “Almost Gone” (Mindanao Daily Mirror), Bing Gonzales for “What flood?” (Mindanao Times), and Edwin Espejo for “Muslims pray during the first day of Aidil Fitri at the Grand Mosque” (Brunei Times).

Shortlisted for Explanatory/Investigative Story for Print were Mike Baños for “City Extension may be constrained by US military facility at Lumbia” (Mindanao Daily News), Lina Reyes for “Different parties, different strokes” (BusinessWeek Mindanao), Henrylito Tacio for “Dengue: Hope in the horizon” (Edge Davao), Armando Fenequito Jr. for “Beyond 4Ps: What ails the country’s education programs?” (Edge Davao), and Jesse Boga for “Food safety series” (Mindanao Times).

Shortlisted for Reporter o f t h e Ye a r f o r R a d i o category were Jonathan Jalon for “Norovirus Epidemia in Zamboanga City”(eMEDIA), Ann Quileste for “To Love and Not To C ondemn” (Bombo Radyo Philippines DXIF), Annaliza Reyes for

“D-S-W-D mitabang sa mga biktima sa hulaw” (dxCC RMN), Jerome Buyco for “Damyos sa hulaw, mihapak s a P 1 . 9 bi l l i on” ( 1 5 7 5 Radyo ni Juan Northern Mindanao), Malu Manar for “Ketong” (DXND AM), A nge ly R e ye s for “Mt .

Hamiguitan isip ASEAN Heritage Park” (DXRD 711 Sonshine Radio), and Big Jay Lagang for “Green space in Davao” (105.9 Balita FM).

For Public Affairs Story for Radio, entrants who were shortlisted were Gilbert Climaco and Rey Bayoging for “Z3R Project Investigation – City Council Presentation” (eMEDIA), Annaliza Reyes for “Unsa a n g C l i m at e C h a n g e ? ” (dxCC RMN), Richard Reyes for “Kagubot sa Kidapawan: Bugas dili bala” (DXRD 711 Sonshine Radio), Big Jay Lagang for “HIV-AIDS cases: Fast and Furious” (105.9 B alita FM), and Radyo ni Juan for “Bugas d i l i b a l a : B ay o l e nt e n g Dispersal sa Kidapawan” (107.9 One Radio South Central Mindanao).

Shortlisted for Reporter for Television were Gino Franco Torres for “Pasonanca National Highschool – Up d at e on C ampu s” (eMEDIA), Jonathan Jalon for “Implementation of curfew in Barangay Putik” (eMEDIA), Joey Yec yec for “Dumpsite closure and rehabilitation” (ABS-CBN Nor thern Mindanao), Maricel Butardo for “Hou s e i n C ag ay an d e O ro t rans for me d for a special cause” (ABS-CBN Northern Mindanao), Rod Bolivar for “ The School of White Kulaman” (ABS-

Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF

CBN Northern Mindanao), Michael Pasco for “Kalbaryo sa El Nino” (TV5 Davao), Vina Araneta-Pilapil for “BPO: Davao’s Economic Growth Driver” (ABS-CBN Davao), Jean Claire Cornelio for “Tinikaran – Sunog sa Mt. Apo Coverage” (ABSCBN Davao), and Mhiver Jay Dayupay for “Nahigit 120 pamilyang IP sa barangay Bawing, nakakaranas ng gutom dahil sa El Niño” (ABS-CBN General Santos).

For the Explanator y/ Inve st i g at ive Stor y for Television categor y, the shortlisted entrants were Jonathan Jalon for “Waste water f rom KC C Ma l l” ( e M E DIA ) , Fre d e r i ck Atilano for “Dugha de basura estaba ng sanitary landfill” (eMEDIA), Jonathan Joe Rebollos for “Investigative report on NHA Housing at B ar ang ay C ab a lu ay ” (eMEDIA), PJ Dela Peña for “The Lost Settlement of Himologan” (ABS-CBN Nor thern Mindanao), B en Jason Tesiorna for “Christmas in Davao, A Lumad Attraction” (CNN Philippines), Michael Pasco for “Paglaum sa Badjao” (TV5 Davao), and Irene dela Cruz for “Pangandoy” (TV5 Davao).

For the digital categories, the shortlisted entrants for the Reporter for Online News Portal category were Henrylito Tacio for “Where have all our fish gone?” (Edge Davao), Mart Sambalud for “Building a disaster-resilient communities thru Oplan Andam” (Davao Today), R A C o l i n a f o r “ D at u : leave the lumads alone” (MindaNews), Mike Baños for “Of a Promise Kept: A

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE REGIONAL TRIAL COURT SHERIFF

NOTICE OF EXTRA-JUDICIAL SALE File No. EJF-2016-463

Upon Extra-Judicial Petition for Sale under Act 3135 as amended, filed by HOME DEVELOPMENT MUTUAL FUND (Pag-IBIG Fund) with branch office at Pag-IBIG Fund Bldg., J.R. Borja St., Cagayan de Oro City, against ELLAN F. BUNA, with postal address c/o at Seablings Restaurant, Opol, Misamis Oriental, to satisfy the mortgage indebtedness which as of August 22, 2016, amounts to FOUR HUNDRED NINE THOUSAND FIVE HUNDRED ONE PESOS & 35/100 (P409,501.35) Philippine Currency, as mortgagor’s total indebtedness inclusive of interest and penalty charges, excluding other necessary fees and expenses of Extra-Judicial Foreclosure and Sale, the undersigned Sheriff-in-charge will SELL at Public Auction on DECEMBER 12, 2016 at 10:00 o’clock in the morning or soon thereafter, at the Tourism Hall, City Hall Compound, Cagayan de Oro City, to the highest bidder for CASH and in Philippine Currency, the real property mortgaged together with all existing and future improvements thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. 136-2013001010 Registered in the name of ELLAN F. BUNA ‘’A PARCEL OF LAND (Lot 12, Block 9, PSD-10-059077, being a portion of Lot 2, PCS-10-003972).Situated in the Barrio of Malanang, Municipality of Opol, Province of Misamis Oriental, Island of Mindanao.

Bounded on the x x x. Beginning at x x x; containing an area of One Hundred Ten (110) Square meters, more or less’’ Prospective Buyers/Bidders may investigate for themselves the title herein above described and encumbrance thereof, if any there be.

In case December 12, 2016 will be declared holiday or non-working day, the Public Auction Sale shall be held on December 16, 2016 without further notice, publication and posting.

Cagayan de Oro City, November 7, 2016.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF By:

BWM: Nov. 9, 16 & 23, 2016

(Sgd.) JOSEPH C. MAAGAD Sheriff IV

Higa-onon’s Walkabout” (Kagay-an.com), B obby Lagsa for “Plight of the Badjao” (Rappler), Erwin Mascariñas for “Nomad’s Lens: National Scientist calls for protection of Misamis Oriental town Sailfin Lizard” (Interaksyon), Hader Glang for “Z ambo City leaders reiterate stands on Bangsamoro in last SOCA” (Zamboanga Today), RG Antonet Go for “Zambo City jail installs visitor tracking system” (Zamboanga Today), Nonong Santiago for “DTI: School supplies with high lead content dangerous for children” (Zamboanga Today), Edwin Espejo for “Tawi-tawi takes pride in its marine trade” (Brunei Times), and John Felix Unson for “The peculiarity of ARMM’s bloody politics” (Philippine Star).

For Blogger of the Year, shortlisted entrants were UJ Almocera, Irene Aserios, Rudolph Ian Alama, Mike Baños, Olan Emboscado, Rob Gumba, Vic Marion Madriaga, and Dr. Filipinas Rojo.

For the Social Media C a m p a i g n c a t e g o r y, shortlisted were Davao Eagle Online, Mhiver Jay Dayupay, Olan Emboscado, and Dr. Filipinas Rojo.

Shortlisted for the S o ci a l Me di a Advo c ate category were UJ Almocera, Irene Aserios, Mhiver Jay Dayupay, Olan Emboscado, Ace Morandante, and Kilab Multimedia.

The Awards Night for the Globe Media Excellence Awards Mindanao will be held on November 22, 2016 at the Marco Polo Hotel in Davao City.

NOTICE OF EXTRA JUDICIAL SALE EJF File No. 2016-487 UPON Extra-Judicial Petition for Sale under Act No. 3135 as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (Pag-IBIG Fund) as Mortgagee/s, against EVELYN A. JAVIER married to JESUS I. JAVIER as Mortgago/.s, with postal address at Block 2, Lot 41, Phase 3, Pag-IBIG Citi Homes, Malanang, Opol, Misamis Oriental, to satisfy the mortgage indebtedness which as of August 26, 2016 amounts to THREE HUNDRED SIXTY THREE THOUSAND SIX HUNDRED SIXTY SIX PESOS and 87/100 (Ph363,666.87) inclusive of interests and penalty, charges, and expenses of foreclosure, the undersigned Sheriff will sell at public auction on December 8, 2016 at 10:00am to 4:00pm, at the Office of the Clerk of Court, Regional Trial Court, City Tourism Hall, Cagayan de Oro City, to the highest bidder, for CASH or Manager’s Check and in Philippine Currency, the following property described below including all existing improvements found thereon; TCT No/s. T-136-2013000832 A CERTAIN LAND situated in Malanang, Opol, Misamis Oriental, Lot 41, Block 2, PCS-10-004225, Consolidated Subdivision xxx, with an area of Ninety Five (95) sq.m., more of less, including all improvements found thereon.

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 hereinabove described and encumbrances thereon, if any there be.

DONE this 26th day of October, 2016, in the City of Cagayan de Oro.

BWM: Nov. 9, 16 & 23, 2016

(Sgd.) ENRIQUE M. TALAG, JR Sheriff IV

12 Zamboanga City wows crowd in NorthPhil Expo 2016 I

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

wednesday|november 16, 2016

t was an eventful yet fruitful weekend for the City Tourism Office as City Tourism Officer Sarita Hernandez led her team to the Clark Freeport Zone participate once again to participate in the 2016 NorthPhil Expo at the SM City Clark.

This is the city’s second participation

in the said event. This travel and tourism expo is the biggest in Northern Luzon and gathered in one venue prime Business, trade and tourism organizations, Meetings, Incentives Conference, Exhibitions and Events (MICE) organizers and planners, Educational institutions, International and

domestic ,travelers, Local, foreign and corporate buyers, Tour organizers, planners and holiday specialists, Travel agents and tour operators as well as Travel enthusiasts.

Ms. Sebastian and her team established a destination exhibit booth showcasing the city’s various tourism products, services and

tour packages. A show featuring a mini-film about Zamboanga City was also conducted at the venue’s open stage where viewers got more impressed of the city and took home freebies, local goodies and souvenirs prepared by the City Tourism Office.

During the event, attendees and event guests

have expressed interests in availing the tour packages promoted. More importantly, linkages were made with some of the biggest travel and tour concessionaires of the North, a more positive boost in the influx of local and international tourists in our city.

The Northphil Expo is organized by the

Department of Tourism Regional Offices-CAR, Ilocos and Pangasinan, Cagayan Valley Region and Central Luzon along with the Association of Tourism Officers of Central Luzon (ATOCEL).

The Northphil Expo was a three day event that ran from November 1113, 2016.

IT’S A SIGN. In 2015, a potential loss of Ph3 billion in daily income is caused by the horrid traffic situation in Metro Manila. Easing the plight of thousands of motorists and commuters alike through this perpetual gridlock are vibrant billboards that pepper the city’s main thoroughfare. With its recent outdoor billboard campaign, San Mig Light uses pick-up lines to put a smile in the faces of witty romantics trudging the city streets. With oversized graphics placed along strategic locations along Alabang-Zapote Road, Lawton Avenue, Osmena Highway, and the Ayala Center in Cebu, San Mig Light hopes to compensate for the “mahaba-habang traffic” with “mahaba-habang tawanan.”