BusinessWeek Mindanao (November 24, 2017)

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Volume VIII, No. 72

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Tourism roadshows DAVAO Ciy – The local government of Davao City is considering to conduct more roadshows this coming 2018 to promote the city as an investment and tourism destination.

“Our target for next year is to do more roadshows, both international and domestic, because you will be surprised that some places in the country don’t know much about Davao,” said Generose Tecson, head of the City Tourism Operations Office.

She said that the roadshow will be inspired by the investment and tourism blitz held in Japan on October 2017, where a team visited the cities of Yokohama, Osaka, Kyoto and Tokyo to promote Davao City. Members of the team include representatives from the city government and from the private sector.

IN-DEPTH

Friday | November 24, 2017

Smaller boat replaces RORO 12 to Indonesia LACK OF LOAD FACTOR:

Gov’t eyes price cap for building materials in Marawi

By ANTONIO L. COLINA IV MindaNews

D

AVAO City -- A smaller cargo ship with about half the capacity of the 500-TEU (twenty-foot equivalent unit) M/V Super Shuttle RORO 12 has been deployed temporarily to serve the ne w sea route between Mindanao and Indonesia, Indonesian Consul General Berlian Napitupulu said Wednesday.

But Napitupulu said that the 256-TEU KM Gloria 28, owned by a Manado-based shipping company, skips General Santos City and ships directly from the Sta. replaces/PAGE 11

READY FOR WAR. A machine gunner gets ready as the Bell UH-1 helicopter, better known as “Huey”, takes off from the Philippine Army’s 4th Infantry Division Headquarters at Camp Evangelista, Patag, Cagayan de Oro City. The government is intensifying its military offensive against CPP/ NPA following President Duterte’s lifting of peacetalks and declaring the communist insurgents as terrorists. photo by gerry lee gorit

Dureza cancels planned meetings with CPP/NPA

Real-time posting BUTUAN City – Social Security System (SSS) is set to implement the electronic Collection System (e-CS) to enable the real-time posting of contribution payments from SSS branch tellering facilities and other payment channels by first quarter of 2018.

SSS President and Chief Executive Officer Emmanuel F. Dooc said that real-time posting of contributions will allow faster processing of claims to help members and their beneficiaries receive their benefits and loan proceeds on time.

All SSS benefits and loans are based on contributions of members and their employers. Thus, it is important that these payments are recorded correctly and promptly.

Otherwise, they may not immediately qualify for certain benefits and loans.

cmyk

P15.00

By ANTONIO L. COLINA IV, MindaNews

HOLIDAY STRUMS. A faint sound of a ukulele fills the parking lot of a fast food shop in Valencia City, Bukidnon, as an old man hums Christmas songs to unmindful customers and churchgoers. The ukulele man appears to be waiting for someone or something for the fast approaching holidays. mindanews photo by rommel g. rebollido

DAVAO City – Secretary Jesus Dureza, Presidential Adviser on the Peace Process (PAPP), has cancelled the planned meetings with the Communist Party of the Philippines (CPP) after President Rodrigo R. Duterte said it is no longer an “entity worth talking to” and categorized it as a terrorist group.

In a statement released on Wednesday, Dureza said the cancellation of the planned meetings was an unfortunate development because the peace talks between the government (GRP) and the National Democratic Front of the Philippines (NDF) had ne ver re ache d t he cancels/PAGE 11

DEPARTMENT of Trade and Industry (DTI) Secretary Ramon Lopez said the agency would identify price ceilings for particular construction materials in Marawi City and nearby areas to avoid overpricing in products needed for the rehabilitation.

“The NPCC (National Price Coordinating Council) will be declaring

by Monday the price ceiling for specific construction material products, brands in specific towns in and around Marawi,” Lopez told reporters in a text message. “[This is] to prevent undue increases in prices during the rehabilitation stage,” he added.

The DTI chief said there should also be depots in the areas to ensure the availability of construction materials, and that the materials are coming directly from manufacturers.

Meanwhile, Board of Inv e s t m e nt s G ov e r n o r Napoleon Concepcion said in a separate interview that DTI has allotted some PHP5 million as microcredit for internally displaced people (IDPs) in Marawi who would like to immediately start some business. prices/PAGE 11

CDO execs deny landfill caused health problems

By JIGGER JERUSALEM, PNA

THERE’S no truth to reports that wastes dumped on a sanitary landfill here has contaminated a river.

Local environment officials clarified this amid allegations that the landfill in Sitio Burakan, Barangay Pagalungan, has caused fish kill and skin illness among residents in a

neighboring village.

Solid Waste Management division chief Elvisa Mabelin said the liquid substance emanating from wastes— called leachate—from the Pagalungan landfill is under control.

Mabelin maintained the leachate deny/PAGE 11

COLORFUL HAT. A farmer wearing a “rainbow-hat” plows the paddies to prepare for the planting season at the village of Aurora, Sta. Josefa, Agusan del Sur. photo by jun ayensa

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friday|november 24, 2017

Del Monte’s preferred shares offering gets green light from SEC DEL MONTE Pacific Limited (DMPL) has secured the green light from the Securities and Exchange Commission (SEC) to proceed with its $160-million preferred shares offering.

In a disclosure to the stock exchange on Wednesday, the listed canned fruits manufacturer said it has received the corporate regulator’s approval for the offering of the second tranche of its dollardenominated shares last Tuesday.

The offer is comprised of 16 million Series A preferred shares priced at $10 apiece.

Proceeds of the issuance will be used

Economy AirAsia eyes PHL flights to Russia via Vietnam Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

to finance the balance of its $154-million bridge loan facility from BDO Unibank, Inc., which DMPL used for the acquisition of the consumer food business of Del Monte Foods, Inc. DMPL looks to offer the shares from Nov. 27 to Dec. 8, with listing slated for Dec. 15, according to an earlier disclosure.

DMPL tapped BDO Capital & Investment Corp. as the sole issue manager for the offer.

The company had filed a registration statement with the SEC allowing it to issue Series A preference shares in tranches within three years from March 21, 2017.

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HILIPPINES AIRASIA, Inc. is eyeing more routes from Vietnam after launching its inaugural flight from Manila to Ho Chi Minh over the weekend.

Philippines AirAsia Chief Executive Officer Dexter M. Comendador told reporters late Friday at the sendoff ceremony in Pasay City the airline will evaluate the possibility of connecting Russia to the Philippines through Vietnam.

“I’ve been looking at Vladivostok for

a long time. I told Tony about that. I’m looking for a route that would fit them in,” Mr. Comendador said, referring to AirAsia Bhd. CEO Tony Fernandes.

Vietnam attracted some 400,000 Russian visitors last year, according to reports, citing the former’s national tourism agency.

Philippines AirAsia flew its maiden flight from Manila to Ho Chi Minh late Friday. There will be three weekly flights scheduled every Tuesday,Friday and

Sunday.

“We did our homework. It’s about time we do the route not only because of the possibility na kikita siya (it will earn) but because of our commitment to ASEAN,” Mr. Comendador said.

AirAsia is the only airline that directly flies to 10 member-countries of the Association of Southeast Asian Nations (ASEAN), with operations in the Philippines, Malaysia, Thailand and Indonesia.

Malaysia’s AirAsia is ordering an additional

14 Airbus A320ceo (current engine option) aircraft to meet strong demand in various markets, including the Philippines, Indonesia, and India.

Philippine operations stayed profitable in the third quarter — a seasonally lean period for airlines — as a result of its “pricing scheme” that resulted in higher than expected passenger load.

“It’s supposed to be a losing quarter, but this is the first time we did well,” Mr. Comendador said.

Vista Land raises $350-M bonds

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VISTA Land & Lifescapes, Inc., the listed property developer owned by the Villar family, returned to offshore markets as it successfully raised $350 million worth of bonds through its whollyowned subsidiary, VLL International Inc. Vista Land on Monday announced a new seven‐ year bond that has a call option starting on the fourth year with an indicative price guidance of around 6.125 percent.

Strong response from investors enabled Vista Land to further tighten the pricing of the bonds to 5.750 percent, or 37.5 basis points (bps) tighter than their guidance, despite some market

volatility. This is the lowest coupon achieved by the company on the offshore bond markets.

The company told the local bourse the transaction was almost five times oversubscribed after the final orderbook reached $1.7 billion. It is also the largest size raised by Vista Land on a primary issuance.

There were 121 accounts that participated in the transaction, with 87 percent coming from Asia and 13 percent from Europe, Middle East and Africa (EMEA).

In terms of investor type, 72 percent were fund managers / asset managers, 16 percent were banks, and private

banks and other institutional accounts accounted for the remaining 12 percent.

Vista Land said it would use the proceeds of the issuance primarily for refinancing.

The company announced a liability management exercise for the tender offer of its outstanding $51.8 million 6.750-percent bonds due 2018, and 180.8 million 7.450-percent bonds due 2019.

“It also provides us an opportunity to continue diversifying our sources of funding, ensuring we continue to build key relationships not only with our investors raises/PAGE 11

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

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Opinion

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Goking’s toilets

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Two become one think a minute

jhan tiafau hurst Think a minute…An African man who had three wives asked his Irish friend who had only one wife, this question: “Do you like your wife?” His Irish friend replied: “I like her very much!” The African man shook his head and said very sadly: “I don’t like any of mine.” A famous comedian gives this advice to young couples before they get married: “Of course, it’s important to love each other; but if you want to be really happy together, you better LIKE each other.”

Ray Rosa grew up in Italy and came to America as a young man in 1921. There he met and married his wife, Isabel. They settled in a small town where Ray worked as a barber most of his life. Just a few years ago, Isabel became very sick and had to move to

a nursing home in a nearby town to live. Ray’s life and daily routine completely changed. Every morning, 7 days a week, he takes a bus to the nursing home where Isabel waits for him in her wheelchair.

The y sp end t he d ay together and Ray takes care of her. Sometimes he brings his guitar and sings Italian songs for the other sick patients, and gives free haircuts to some of the men there. Then at 5:30 every evening, Ray says goodbye to his wife and catches the bus home. It’s very clear that Ray’s life has become one with his wife’s, so that his life is wherever she is.

That’s re a l love and happiness. It doesn’t get any better than that. You just can’t fill your heart with real happiness until you give it away to someone else. Jesus Christ teaches that our life is much more blessed and happy when we give more than we receive.

Marriage is all about giving and forgiving. It’s living ever yday with your best friend for life, so your two lives become one.

Marriage is a decision and commitment you make not just for a few years, but hurst/PAGE 11

Ruffy magbanua IF there is a well-meaning and sincere city dad at the City Council these days, Councilor George Goking fits perfectly to a T, no pun intended.

Squarely upset on t he f ai lu re of bu s i ne ss establishments to provide customer-friendly toilets, neophyte Councilor Goking, chair of the committee on

trade is hell bent on filing a city ordinance requiring businesses engaged in public service to provide adequate CRs (comfor t rooms) accessible to all.

The scarcity of toilets or simply the lack of it in commercial establishments e.g. banks, malls, restaurants, etc. spells disaster to those badly in need to respond to the call of nature.

In fact, we use toilets every day – at home, school, work, restaurants, shopping malls – yet we seldom talk about them.

And G o k i n g ’s pronouncement on t he issue about toilets has been long overdue.

Perhaps, previous city dads had took it for granted, maybe because the issue

on toilets is ‘unglamorous’ business permits to them. subject for them to take up This G ok ing mant ra on the floor. could very well do justice to Or plain and simple all of us – a course of action ne g l e c t of t he i r s wor n on sanitation casually left d u t i e s t o p r o t e c t t h e behind by the passing of health and welfare of their time. constituents.

Eventually, this will open For a genuine Cagay- defecation, adequate and a n o n l i k e C o u n c i l o r equitable sanitation, and Goking, the call to end hygiene for all. this malpractice of “toilet After all, this Goking’s exclusivity” of many p r o p o s e d o r d i n a n c e business establishments strives well to achieve a particularly banks deserves healthy populace given the support – all the way to the detrimental consequences passage of the proposed that arise from inadequate toilet ordinance. sanitation.

As a stop-gap measure, A n d t a l k i n g o f Goking’s proposed toilet sanitation, study shows o r d i n a n c e s h a l l c o m e that diarrheal diseases – a with a provision requiring direct consequence of poor business owners to provide sanitation – kill people, toilets in their firms before specifically children every t he O f f i c e of Bu i l d i ng year than AIDS, malaria Official (OBO) shall award toilets/PAGE 11

Congressmen violated their own rules on Sereno case Kakampi mo ang batas

Batas Mauricio LIFE’S INSPIRATIONS: “…It is time for you to act, LORD; your law is being broken…”

(Psalm 119:126, the Holy Bible).

-ooo CONGRESSMEN VIOLATED THEIR OWN RULES: Yes, it went just like what I wrote here earlier. The process of impeachment in Congress is not anchored on the law, but on the numbers alone of lawmakers who will vote on the issue. This was clearly shown by the hearing of the Justice Committee

of t he lower hous e on Wednesday, 22 November 2017.

According to the House of Representatives’ Rules on Impeachment, the official w hos e imp e achment is being sought has the right to ask questions and to cross-examine the people who filed the complaint of impeachment.

This rule was clearly the basis of Chief Justice Maria Lourdes Aranal Sereno on the request that she and her lawyer made for the crossexamination of lawyer Larry Gadon, the complainant who filed the impeachment complaint against her. The problem was that, the Justice Committee itself disregarded its own rules by refusing to allow Gadon’s crossexamination by Sereno.

-ooo DISREGARDING LAWS IS A PRELUDE TO ANARCHY: This kind of a system that is at work at the

House of Representatives (and even in the Senate)---where decisions are simply based on the numerical superiority of the friends or foes of an official who is subject of an impeachment case---clearly destroys democracy and the rule of law in this country.

The decision of the members of the Justice Committee on Wednesday showed to all and sundry that lawmakers can bend and ignore or disregard rules, as long as there is a sufficient number of them who will agree to the bending or the disregard of those rules.

It has become clear that laws are no longer important at this point in our history as a nation. What is more important now is whether one is a friend or an enemy of whoever is enforcing the law. In sum, this kind of system entices anarchy in the country, because people from all levels of society are encouraged to disregard

existing laws and act on their own volition.

-ooo SC CAN MEDDLE ON IMPEACHMENT OF SERENO: I wouldn’t be surprised if Sereno’s camp will bring the Justice Committee’s Wednesday decision to the Supreme Court. The issue is clearly justiciable---can the Justice Committee of the House of Representatives disregard House rules, especially if the rules were crafted not by the committee alone but by the whole plenary?

Of course, House Speaker Pantaleon Alvarez and his House subalterns are saying that the Supreme Court has no right to meddle on the processes involving lawmakers., particularly impeachment. But this view of the Speaker, who is himself a lawyer, is not in accordance with what the Constitution says, with due respect.

Violated/PAGE 9

From wise to fool hints and traces

roy cimagala A passage from the Letter of St. Paul to the Romans can serve as a graphic description of what is happening in many of the discussions people have about some hot issues. Let’s hope that we can be guided accordingly.

“Claiming to be wise, they became fools,” (1,22) he said. The immediate context in which these words were spoken may bedifferent, but they still can be applicable to the present state of public opinion where we can now see so much wisdom of the fool.

When people abandon God or alienate themselves from him, there’s no way but to get into all kinds of anomalies, no matter how clever and sophisticated the rationalizations are.

Such sophistication foists falsehoods as truth.

Now a d ay s , t h e re i s so much surge of selfrighteousness that the source of what is good and evil, fair and unfair, human and in human is not anymore God the Creator, but us. The distinction is not anymore made by God, but by us.

We are now in the world of subjectivism.

Everything is now based on our views and opinions, our preferences and current understanding of things. If we can manage to have some kind of consensus, then that’s it! We can now consider as good what actually is inherently bad, and we make a world of make-believe that sooner or later will burst.

People now follow their

own light, a very beguiling and unreliable light. They have forgotten what Christ said: “I am the light of the world. Whoever follows me will never walk in darkness, but will have the light of life.”

(Jn 8,12) This man-made light is usually so self-fascinating and blinding that instead of enabling us to see things objectively, it only leads us to see our subjective egos. It is a light that is usually not compatible with humility, patience and fidelity. Rather,for it to shine it makes use of pride and violence, impatience and intolerance, infidelity and promiscuity. Thus, it usually generates division and conflict, controversy and envy.

This man-made light is the wisdom of the wounded flesh, the world and the devil himself. It can be clever and wily, and can present immediate if short-lived advantages. It springs from

people’s belief that they are simply using their freedom, ignoring the fact that our freedom is not self-generated but is a gift from God and has to be lived according to God’s will.

This man-made wisdom is different from the wisdom referred to by Christ when he said: “Be wise as serpents and innocent as doves.” (Mt 10,16) As St. James said in his letter, the wisdom that comes from above “is first pure, then peaceable, gentle, open to reason, full of mercy and good fruits, without uncertainty or insincerity.”

(3,17) It is a wisdom that expresses itself in restraint and moderation. There is no bitterness at all.

Whereas the wisdom that is not from God, as St. James again said, “is earthly, unspiritual, devilish.” (3,15) It is generated by jealousy and selfish ambition, and spawns disorder and every vile practice. It basks in fool/PAGE 9

CorporateWorld 5 AirAsia eyes PHL flights Vista Land raises $350-M bonds to Russia via Vietnam Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

friday|november 24, 2017

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HILIPPINES AIRASIA, Inc. is eyeing more routes from Vietnam after launching its inaugural flight from Manila to Ho Chi Minh over the weekend.

Philippines AirAsia Chief Executive Officer Dexter M. Comendador told reporters late Friday at the sendoff ceremony in Pasay City the airline will evaluate the possibility of connecting Russia to the Philippines through Vietnam.

“I’ve been looking at Vladivostok for a long time. I told Tony about that. I’m looking for a route that would fit them in,” Mr. Comendador said, referring to AirAsia Bhd. CEO Tony Fernandes.

Vietnam attracted some 400,000 Russian visitors last year, according to reports, citing the former’s national tourism agency.

Philippines AirAsia flew its maiden flight from Manila to Ho Chi Minh late Friday. There will be three weekly flights scheduled every

Tuesday,Friday and Sunday.

“We did our homework. It’s about time we do the route not only because of the possibility na kikita siya (it will earn) but because of our commitment to ASEAN,” Mr. Comendador said.

AirAsia is the only airline that directly flies to 10 member-countries

of the Association of Southeast Asian Nations (ASEAN), with operations in the Philippines, Malaysia, Thailand and Indonesia.

Malaysia’s AirAsia is ordering an additional 14 Airbus A320ceo (current engine option) aircraft to meet strong demand in various markets, including the Philippines, Indonesia, and India.

Philippine operations stayed profitable in the third quarter — a seasonally lean period for airlines — as a result of its “pricing scheme” that resulted in higher than expected passenger load.

“It’s supposed to be a losing quarter, but this is the first time we did well,” Mr. Comendador said.

VISTA Land & Lifescapes, Inc., the listed property developer owned by the Villar family, returned to offshore markets as it successfully raised $350 million worth of bonds through its whollyowned subsidiary, VLL International Inc. Vista Land on Monday announced a new seven‐ year bond that has a call option starting on the fourth year with an indicative price guidance of around 6.125 percent.

Strong response from investors enabled Vista Land to further tighten the pricing of the bonds to 5.750 percent, or 37.5 basis points (bps) tighter than their guidance, despite some market volatility.

This is the lowest coupon achieved by the company on the offshore bond markets.

The company told the local bourse the transaction was almost five times oversubscribed raises/PAGE 9

Del Monte’s preferred shares offering gets green light from SEC

PIA locators in Misamis Oriental joined FDC Misamis Power Corporation as it celebrated its 1st anniversary on September 22, 2017 by giving back to the environment through a community-based mangrove rehabilitation program in partnership with the Local Government of Villanueva and PHIVIDEC Industrial Authority.

DEL MONTE Pacific Limited (DMPL) has secured the green light from the Securities and Exchange Commission (SEC) to proceed with its $160-million preferred shares offering.

In a disclosure to the stock exchange on Wednesday, the listed canned fruits manufacturer said it has received the corporate regulator’s approval for the offering of the second tranche of its dollardenominated shares last Tuesday.

The offer is comprised of 16 million Series A preferred shares priced at $10 apiece.

Proceeds of the issuance will be used to finance the

balance of its $154-million bridge loan facility from BDO Unibank, Inc., which DMPL used for the acquisition of the consumer food business of Del Monte Foods, Inc. DMPL looks to offer the shares from Nov. 27 to Dec. 8, with listing slated for Dec. 15, according to an earlier disclosure.

DMPL tapped BDO Capital & Investment Corp. as the sole issue manager for the offer.

The company had filed a registration statement with the SEC allowing it to issue Series A preference shares in tranches within three years from March 21, 2017.

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friday|november 24, 2017

DENR, Unioil to install more air quality monitoring stations in MM The Department of Environment and Natural Resources (DENR) has partnered with independent oil player Unioil Petroleum Philippines to install additional state-of-the-art air quality monitoring stations (AQMS) across Metro Manila.

A memorandum of agreement (MOA) was recently signed between the DENR and Unioil to formalize the partnership, which Undersecretary for Policy, Planning and International Affairs Jonas Leones described as a “first of its kind.”

This marks the DENR’s first partnership with a private company in terms of monitoring air pollution, which has been a major challenge to the agency.

“This is the first time that an industry, as big as Unioil, is now helping the department in addressing this kind of

problem,” Leones said, as he welcomed the oil company’s support in behalf of the DENR. Leones expressed hope other private firms would soon follow suit. “Air quality is not only the concern of the government; it is the concern of each and every one to address this major environmental problem,” he added.

At present, all 17 cities and municipality in Metro Manila have at least one AQMS. The AQMS to be installed under the DENR-Unioil accord will use state-of-the-art equipment or sensors powered

by AirVisual application, which has been described as the world’s smartest air quality monitor that help track, foresee and take action against invisible threats in the air.

The equipment can measure levels of particulate install/PAGE 9

Enhancing teacher’s teaching proficiency through instructional supervision RONNIE BAGAIPO UBA Secondary School Principal I Kalingagan National High School Imelda, Villanueva, Misamis Oriental

Instructional supervision in education is the center of instructional activities in both elementary and secondary schools. It is an integral component which contributes to the progress in the operation of schools b e c au s e it fo c u s e s on the professional development of teachers especially in stirring them to employ innovative approaches and strategies in teaching.

Teachers should be fortified and equipped with innovative instructional strategies to make teaching and le ar ning more interesting, meaningful and rewarding to the end beneficiaries of the educative process, the pupils or students.

It should always be noted that our learners today who are called the millennials learn differently when compared or equated to pupils or students several years ago.

S u b s e q u e n t l y, learning is only fascinating, evocative, and satisfying to pupils or students if the teachers a re w e l l - f u r n i s h e d or equipped with the professional skills in reaching out pupils from their comfort zones and bringing them up to the world of realities

where one has to absorb, acquire, and take its role for global citizenship.

The school principals are in the frontlines in the quest for the incessant professional development of teachers especially in enhancing their crafts in teaching strategies which entice and intensify pupil’s engagements in group performance t ask s and e n hanc e student’s interest in academic and classroom activities which are all extrapolative or prognostic of a functional and effective instructional supervision practices of the school heads.

In t h i s re s p e c t , the school principals necessitate to be more adept or adroit on the philosophy as well as the tenacities of instructional supervision so that they can make a difference differently in the teaching profession of the classroom teachers to advantage the end users of the educational goods and services of t he D ep ar t ment of Education or DepEd, the pupils or learners, because the instructional super vision activity enables educators enhance their teaching competencies through the school principal’s coaching or mentoring,

clinical super vision, determinative teacher’s appraisal, conferences, and action research.

Instructional supervision should not be confused or muddled with classroom observation but rather it should be considered as an instructional activity that focuses on teachers’ professional development t o e n h a n c e l e a r n e r ’s performance because teachers are evaluated and assessed whether set learning standards are met.

The instructional supervision activity gives emphasis on the observation and analysis of classroom situations and how results of observation are deciphered or translated into meaningful feedbacks to encourage teachers to be more innovative in their teaching as well as sustain effective teaching or instructional activities to accomplish educational goals and objectives.

In addition, instructional supervision should be done proactively by the school heads or school principals so that desired results on enhanced teaching and learning processes can be achieved or realized and a more encouraging and reassuring learning environment can be created.

Nonetheless, the activity will only be effective if the school principals or school heads can provide direction, technical assistance, share best and workable ideas and practices, facilitate, an d c re ate i n n ov at ive instructional approaches to help teachers revolutionize teaching and at the same

time make learning more stimulating to students.

In conclusion, instructional supervision is considered as the focal point to quality teaching and instruction. The process of improving teaching through the well-designed and sternly implemented instructional supervision programs of the school heads or principals will indisputably results to the attainment of specific learning competencies of pupils or students in the classroom.

The instructional supervision activity requires the school heads or principals’ expertise in the field of management and supervision of instruction or classroom learning activities especially in designing le ar ning inter vent ions which heighten learner’s engagement which will eventually result to the achievement or attainment of specific learning competencies of pupils or students.

It should always be accentuated and emphasized that the real value or meaning of teaching and education can only be appreciated when learners are transformed into a more productive, valueoriented, and useful citizens of the global or inclusive community.

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friday|november 24, 2017

P50-M financing for Marawi is now ready, says DTI

I

By FRANKLIN P. GUMAPON, Contributor

LIGAN City – Residents of Marawi City can now avail of loan assistance from the Department of Trade and Industry (DTI).

Provincial Director Ruel Paclipan of DTILanao del Norte said in a meeting attended by the member-agencies of Task Force Bangon Marawi (TFBM) Tuesday, Nov. 15, that the guidelines had already been approved for the P50 million loan

assistance under the government’s Pondo sa Pagbabago at Pag-Asenso (P3) for Marawi residents.

Of the P50 million, Paclipan said, P5 million is for direct lending while the P45 million requires conduit.

The DTI in partnership with the United Nations Development Program (UNDP) has also distributed sewing machines to selected internally displaced

persons (IDPs) for their livelihood.

In the same gathering, the Department of Health (DOH) has also reported that eight government health facilities are now functioning in Marawi City, namely, Amaipakpak Medical Center, Bubong Lumbac Barangay Health Station, Matampay Barangay Health Station, Basak Malutlut Barangay Health Station, Bangon Health Station, Lomidong Health Post, CHO Rural Health

Unit and MSU Infirmary Hospital.

Two private health facilities are said to have also started operating in the city following the return of some residents there.

For its part, the Department of Social Welfare and Development (DSWD) has already spent over P159 million for IDPs’ food and non-food items, as well as cash-forwork since the start of Marawi siege last May 23.

(FPGumapon/PIA-10)

Reforms to boost infra spending pushed THE Philippines needs to amend some laws and undertake reforms as it ramps up infrastructure spending to boost the economy.

Raoul Villegas, Director for Deals and Corporate Finance at PricewaterhouseCoopers (PwC), said the government aimed to spend P8.4 trillion on infrastructure until 2022.

“But beyond that (number), there are also

other angles that we have to think about in terms of, for example, to be able to bring significant change in infrastructure and other parts of the economy,” he said in a seminar Wednesday organized by the United Kingdom (UK) Department for International Trade.

Villegas particularly cited the need to amend laws like the Public Service Act and change

the Constitutional provisions restricting foreign ownership.

The country limits foreign ownership to 40 percent in some industries.

“In our logistics sector, there have been reforms in the cabotage law but these reforms don’t go far enough to be able to lower transportation costs within the economy because we are an archipelago,” he added.

Under the Cabotage Law, domestic coastal shipping service can only be provided by domestic carriers.

“It is not just about numbers. The government has to be able, with the help of the private sector, to build the capacity to be able to manage projects, carry those projects.

Capacity building is very important,” Villegas further said. (PNA)

IMF official cites measures against possible overheating of PH economy AN increase in the Bangko Sentral ng Pilipinas’ (BSP) key rates is needed if, indeed, signs of overheating in the domestic economy is present.

This was pointed out by IMF Resident Representative to the Philippines Yongzheng Yang, who raised the possibility of overheating if the sustained strong

7

Banking&Finance

growth of loans continues.

“You need to, if there is indeed overheating, you need to tighten monetary policy, by raising interest rates.

And if the overheating is also reflected in very high credit growth, credit boom - meaning credit growth is excessive - you could also take various macroprudential policy,” he said.

These macroprudential measures include raising capital requirements for banks “so they won’t lend out that much,” he said.

BSP data shows that commercial banks’ outstanding loans, excluding placements in the central bank’s reverse repurchase (RRP) facility, expanded by 21.1 percent last September, higher than the 20.4 percent in

the previous month.

Including RRP placements, bank lending rose by 20.1 percent, up from the 17.9 percent last August.

Yang said the IMF forecasts a 19 percent bank lending growth for the Philippines this year and 17.4 percent next year.

He explained that there is no ideal loan growth economy/PAGE 9

OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY

A PUBLIC SERVICE BY:

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

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

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

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

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

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

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

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

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

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

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

METRO BANK- GAISANO 8561720

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

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

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

PLANTERS DEVELOPMENT BANK

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

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

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

EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081

SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632

EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331

STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054

Fisherfolks in Villanueva town Misamis Oriental joined FDC Misamis Power Corporation as it celebrated its 1st anniversary on September 22, 2017 by giving back to the environment through a community-based mangrove rehabilitation program in partnership with the Local Government of Villanueva and PHIVIDEC Industrial Authority.

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558

METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO

Capistrano Corner CruzTaal St. CDO 8524099/722695

UCPB BANK SAVINGS- OPOL Gf forever Books Bldg.Bulua National CDO 754519/8588063 UNION BANK Lapasan Cm.Recto Cdoc | 8566847/8563805 WEALTHBANK Velez Gomez St. Cdoc | 8568942/722174 1ST VALLEY BANK Vamenta Blvd. CornerLirio St. Carmen, Cdoc 8501871/ 8584146 OROBANKERS CLUB Inc. Pnb Carmen | 09151850242

Billboard 8 Exatech celebrates 25-year partnership with Whirlpool

Twenty-five years ago, Excellence Appliance Technologies, Inc. (Exatech) recognized the rising demand in the local market for US appliances. This prompted them to establish a partnership with worldrenowned American home appliance brand Whirlpool and became its exclusive distributor in the Philippines in 1992.

Having evolved from a simple appliance retailer to the award-winning appliance distributor that it is today, Exatech is making Whirlpool products available through its network of more than 80 national and local appliance dealers with over 400 retail outlets nationwide. They also have over 200 authorized service providers to cater to the after-sales support of all their customers.

Recently, Exatech and Whirlpool celebrated their 25th year anniversary of partnership with a night of thanksgiving. Hosted

by Ms. Donita Rose, the event was held at the grand ballroom of Edsa Shangri-La Hotel Manila wherein both Exatech

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friday|november 24, 2017

(L-R) Stella Fulgencio, United Coconut Planters Bank (UCPB) VP and Head of Human Resources Group; Randall Rogelio Evangelista, UCPB FVP of IT and Methods Group; Higinio Macadaeg Jr., UCPB President and CEO; Eric Alberto, Chief Revenue Officer of PLDT-SMART and ePLDT President and CEO; Chito Franco, PLDT Enterprise VP and Head of Corporate Relationship Management; and Nico Alcoseba, ePLDT/PLDT VP and Head of Disruptive Business Group during the ePLDT-UCPB partnership meet at the UCPB headquarters in Makati City.

UCPB partners with ePLDT, PLDT Enterprise for its adoption of Microsoft Office 365

Nixon Sioco, President & CEO of Exatech

and Whirlpool took the opportunity to thank and honor the people who have supported and trusted them for the past 25 years.

Mr. Vico Angala, Chief Operating Officer of Duty Free Philippines, served as keynote speaker for the evening and also received the Plaque of Appreciation awarded to Duty Free for being the very first partner store to carry Whirlpool

Mr. Vico Angala, Chief Operating Officer of Duty Free Philippines, receives Plaque of Appreciation award for Duty Free

Blanco Wong, Managing Director of Whirlpool Southeast Asia

products in the country.

According to Exatech president and CEO, Nixon Sioco, “True to our name, our company, Excellence Appliance Technologies, Inc., is founded on excellence in appliance retailing and customer service. Whirlpool is instrumental in helping us build on this foundation of excellence. Rest assured that we will continue to strengthen our partnership in order to help more Filipino customers realize greater value through Whirlpool appliances.”

To commemorate the enduring 25 years of partnership between Exatech and Whirlpool, the companies introduced several exciting products this year namely their Better than Inverter Whirlpool IntelliFresh Refrigerator which can provide you with energy efficiency and excellent cooling performance.

This refrigerator has a Tri-Sensor Advanced

Technology that is designed with several sensors that detect the amount of food inside and the ambient temperature outside and adjusts it accordingly to give you the best cooling performance consistently while still saving on energy for as low as PhP9 per day, as proven by the Meralco Testing Lab. The refrigerator also enables faster cooling allowing you to both easily preserve food and produce ice faster so you won’t have to worry about food going bad or running out of ice.

It also guarantees 7-day freshness for fruits and vegetables which keeps your leafy greens from wilting and fruits from rotting with its exclusive Microblock Technology.

Another product introduced earlier this year is the revolutionary Whirlpool Stainwash Ultra washing machine.

Equipped with the exatech/PAGE 9

The key management officers of Exatech and Whirlpool Southeast Asia. (from L-R) Ms. Joy Catiis-Cruz, Exatech Marketing Manager; Mr. John Sioco, Exatech Operations Director; Mr. Michael Sy, Exatech Warehouse and Logistics Director; Ms. Diane Sioco, Exatech Finance Director; Mr. Nixon Sioco, President and CEO of Exatech; Mr. Blanco Wong, Whirlpool SEA Managing Director ; Mr. Raymond Wee, Whirlpool SEA Head of Business Development; Ms. Ida Wong, Whirlpool SEA Senior Regional Marketing Manager; Mr. Chris Sioco, Exatech Sales Director; Mr. Adrian Sioco, Exatech Marketing Director

ePLDT, Inc.—the industry-leading enabler of digital enterprise solutions in the Philippines—together with PLDT Enterprise, recently sealed a partnership agreement with the United Coconut Planters Bank (UCPB) for the banking group’s adoption of Microsoft Office 365.

Office 365 is a suite of productivity tools, which allows users to work anytime, anywhere and on any device. It boasts of communication solutions built for effective team collaboration—from e-mail and IM (Instant Messaging) to social networking and video conferencing. UCPB also adopted Skype for Business Cloud PBX on top of the Office 365 package.

Prior to the event, UCPB went through its Microsoft Exchange 2010 migration process to fully integrate Office 365 into the company’s day-to-day banking operations. ePLDT immersed UCPB’s selected department representatives in the suite’s full features in a 3-day onboarding session. UCPB is the first ePLDT customer to undergo the Office 365 Adoption Program.

According to UCPB President and CEO Higinio Macadaeg Jr., the partnership with ePLDT helped in providing resolution to its disaster recovery requirements through the cloudbased application while improving internal collaboration among its employees.

“We look forward to more opportunities to enrich our working environment through powerful solutions that will further enable our associates to deliver the Bank’s personal and proactive service to our clients. With our partnership to ePLDT, I am confident that we will be able to make

significant progress towards achieving our mission,” Mr. Macadaeg said.

Eric Alberto, Chief Revenue Officer of PLDT-SMART and ePLDT President and CEO, said that the partnership reaffirms ePLDT and PLDT Enterprise’s commitment in delivering smart solutions to organizations, injecting innovative business technologies into their day-to-day operations to move forward in the market and gain a competitive edge in their specific industries.

He said, “We continue to endeavor to transform PLDT from its telco roots into a trusted and leading technology provider for all our market constituencies, be they consumers or enterprises. And here we are today, along with our industry-leading ICT arm ePLDT exactly doing that, driving our business further as a true and capable enabler of your enterprise, as your prestigious bank goes into your own transformation. We are delighted that we are able to inject relevant technologies to create differentiated competitive advantage for your organization.

With this partnership in place, we humbly present ourselves as your able partner not only today, but well into the strategic future.” ePLDT is the top Cloud Solutions Provider of Microsoft Office 365 in the Philippines and one of the leading in the Asia Pacific region.

The company recently received an International award from Microsoft as the PH Country Partner of the Year for 2017, and the Microsoft Philippines SME Cloud Service Provider Partner of the Year 2017.

Learn more about ePLDT and its suite of solutions at www.epldt. com.

9

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friday|november 24, 2017

Violated... from page 4

As of now, the Supreme Court is vested with the power to meddle on every act that different governmental agencies carry out, including the executive and legislative departments, if its justices can see that these agencies committed grave abuse of their power. This power of the Supreme Court is now called “judicial power”, and it is enshrined under Section 1, Art. 8 of the 1987 Constitution. It extends even to the impeachment now of Sereno.

-ooo WATCH ANG TANGING DAAN” AT FACEBOOK: “Ang Tanging Daan” is a Bible exposition and prayer session for everyone, in English and Filipino, 24/7, worldwide, that can be viewed at www.facebook. com/angtangingdaan.

Please see the video section.

Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email:batasmauricio@ yahoo.com

Fool... from page 4

contentiousness.

This wisdom finds no value in suffering, no meaning in the cross of Christ. It can hardly cope, let alone find joy in setbacks,difficulties, failures. Its triumph is actually triumphalism, a false victory that would be unmasked sooner or later.

We have to be careful with our world today so swamped with this kind of wisdom of the fool. roycimagala@gmail.com.

Raises... from page 5

after the final orderbook reached $1.7 billion. It is also the largest size raised

by Vista Land on a primary issuance.

There were 121 accounts that participated in the transaction, with 87 percent coming from Asia and 13 percent from Europe, Middle East and Africa (EMEA).

In terms of investor type, 72 percent were fund managers / asset managers, 16 percent were banks, and private banks and other i n s t i t u t i o n a l a c c o u nt s accounted for the remaining 12 percent.

Vi s t a L a n d s a i d i t would use the proceeds of the issuance primarily for refinancing.

The company announced a liability management exercise for the tender offer of its outstanding $51.8 million 6.750-percent bonds due 2018, and 180.8 million 7.450-percent bonds due 2019.

“It also provides us an opportunity to continue diversifying our sources of funding, ensuring we c ont i nu e to bu i l d ke y relationships not only with our investors onshore, but also with investors from Europe and Asia.” Manuel Paolo Villar, President and Chief Executive Officer of Vista Land.

T h e ne w b ond s are

expected to be issued on Nov. 28.

DBS Bank Ltd. and HSBC were Joint Lead Managers and Bookrunners for the new bonds. (PNA)

Install... from page 6

matter (PM) 2..5 or particle pollution less than 2.5 micrometers in diameter and carbon dioxide, as well as temperature and humidity.

The collected data will be transmitted live to the web and later to the central server of the DENR’s Environmental Management Bureau.

PM2.5 is a complex mixture of extremely small particles and liquid droplets that get into the air. Once inhaled, these particles can affect the heart and lungs and cause serious health problems. Carbon dioxide, on the other hand, is a greenhouse gas that traps heat and warms the planet, thus contributing to climate change.

As a pioneer of Euro 5-compliant fuel in the countr y, Unioil said its clean air efforts would be meaningless if air pollution will not be measured accurately.

Since 2016, Unioil has installed AirVisual-powered AQMS in 27 locations all over the country.

“With the signing of the MOA with DENR, Unioil will further expand the installation of AQM stations in full support of its programs,” said Unioil president Kenneth Pundanera.

The EMB is set to identify the locations for t h e a d d it i on a l AQM S .

Installation and operation of the equipment and training of EMB personnel for its use will be shouldered by the Unioil and at no cost to the government.

“We are very proud to offer DENR live data from our active air quality monitoring stations through the signing of this MOA,” Pundanera said.

Yann Boquillod, founder and chair of AirVisual said that the equipment uses laserbased technology that is much cheaper compared to other technology.

“You can know real time and with major precision the source of pollution, such as factories,” Boquillod said.

“The idea of the technology is to go at different types of measurement using laser and to get valuable and meaningful data for the people.

The las er b e am can measure the size of the particle that goes in front of the beam like PM 2.5 or 10, and can determine the pollution level.

“It is ver y important to create awareness and awareness comes from data.

Air Visual builds the system to create that awareness,” Boquillod added.

The MOA signing was witnessed by EMB Air Quality Monitoring Division chief Jerry Capulong, and Clean Air Philippines Movement Inc. (CAPMI) chair Dr. Michael Aragon and president Manuel

Galvez.

November is “Clean Air Month Through National Vehicle Inspection and Maintenance Consciousness” pursuant to Presidential Proclamation No. 1109 of 1997.

Exatech... from page 8

6 t h S e n s e U lt r a C l e a n Technology that uses 60° Ho t Wa s h t h r o u g h i t s built-in heater, it can easily remove any kind of stain.

It also has an Anti-Allergy and Anti-Bacterial Wash feature that kills 99.9% of germs and allergens so you’re protected from any virus or diseases.

“With our commitment to quality, Whirlpool will b e fo c using on ma king more innovative products and ser vices that would definitely benefit our consumers. New features will definitely be a target for the upcoming products that will truly make family life more convenient and enj oyable,” s aid Blanco Wong, managing director of Whirlpool S outheast Asia, during the festivities.

“I'm proud and happy to say that in our 25 years of b e i ng p ar t ne rs w it h Exatech, Whirlpool has

consistently garnered consumer confidence and secured its reputation for qu a l it y, du r abi l it y an d dependability here in the Philippines.”

Economy... from page 7

rate for any country at any time but said that if domestic loans continue to rise faster than projections then risks of overheating may occur.

“Right now, what we’re saying is baseline credit growth will moderate. There’ll be no overheating. If credit growth, as forecasts, keep going up then we have to look at whether there’s a possibility of (overheating),” he said.

Yang added that IMF economist discounts overheating in the Philippine economy thus, the lower growth projection for next year.

“We expect that the growth would start to converge to potential level. And with very strong growth over the last couple of years, there should be normalization because... on the technical part, on the bottom line is we don’t see the credit growth would continue on the uptrend.

It will be normalizing,” he added. (PNA)

Organic products showcased in CDO trade fair To broaden the market reach of organic products grown and produced in Northern Mindanao, a Regional Organic Trade Fair (ROTF) was staged on 17-19 November 2017 at the SM City Mall, Pueblo de Oro, Upper Carmen, Cagayan de Oro City.

A total of 28 exhibitors participated, coming from the city, municipal and provincial local government units (LGUs) and the private sector, who showcased their certified organic and naturally-grown products and other value-adding and product innovations locally produced in region 10.

This activity was also in line with Proclamation No. 1030, s. 2015, declaring the month of November of every year as the ‘Organic Agriculture (OA) Month’.

“Annually, we conduct this trade fair to focus our attention on the importance of Organic Agriculture as a viable farming system for development, environmental conservation, and health protection of farmers, consumers, and the public,” Carlene C. Collado, officer-in-charge regional director of the Department of Agriculture – Regional Field Office 10 (DA-RFO 10) said.

He added that it serves as a mechanism for agricultural producers and processors to change their mindset on farming as merely subsistence to a sustainable business enterprise.

“Once they will reap the fair returns for their products, the only option that they have is to drive themselves towards producing and growing in order to meet the demands of the market,” Collado explained.

The local government unit (LGU) exhibitors comprise the provincial LGUs of Misamis Oriental, who promoted and sold turmeric powder and duck eggs; Lanao del Norte - assorted varieties of rice; Bukidnon - vegetables and rice; and Misamis Occidental - kakanin and bottled processed fishery products; and the city LGU of Cagayan de Oro - fresh vegetables and fishery

products.

Adding to the roster of LGU exhibitors are the barangay and municipal food terminals of Highland Fresh - flavored milk and vegetables and LGU Salay fruits and vegetables, respectively.

Further, the Organic Trading Post of Kauswagan - fruits and vegetables also displayed.

Meanwhile, the private sector also featured their respective agrifishery products, namely: Quadro Onse - cranberry juice and planting materials; Engallado’s Nature Farm and Natural Food Products - assorted processed rice byproducts; Agay-Ayan Multi-Purpose Cooperative - coconut sugar; Miel de Oro – honey and dragon fruit; Limonero Fruit Drinks - lemon juice; Gats Garden - fruit juice and cheese; NAS AgriCom - turmeric, salabat and ginger; VOPPTA - black rice; Queensland Farm - fruits and herbs; Kape Napalit - ground coffee; and GreenMinds Inc. - peanuts.

Completing the list of exhibitors are Venida Farm – herbs and dragon fruit; Buhian Diversified Farm - virgin coconut oil, coco sugar, fruit tree seedlings and duck eggs; Binahon Agro Farm - fruit tree seedlings and processed vegetables; Kape Maramag - ground coffee; NM Foods - banana chips; Firestar Dream Concoctions – condiments and honey; Gran Molucas - bottled palapa and processed meat; Alomah’s Garden – herbs and vegetables and Marvelous Organic Resources - farm inputs and sweet corn.

“With the participation of our different exhibitors, the visiting public will not only have the opportunity to patronize the organic products of the region, but they will also serve as our advocates for the further promotion and development of OA,” the regional director further remarked.

Now on its fourth year, the ROTF is spearheaded by the DARFO 10 through its Agribusiness and Marketing Assistance Division and Organic Agriculture Program.

(DA-10)

0935 161 3398

856-3344 / 74-53-80

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Island Garden City of Samal: Outstanding LGU in Tourism Program and Promotion in Mindanao

W

By Joe Palabao

ith a total of 3,293,814 Million Tourist Arrivals for the period 2014 to August 2017 and its tremendous work for Tourism Development, the Local Government Unit of the Island Garden City of Samal received the most Prestigious Award as Outstanding LGU for Tourism Program and Promotions in Mindanao

by Business Week Mindanao.

The 6th Mindanao Business Leaders and Entrepreneurs Awards 2017 sponsored by the leading business paper Business Week Mindanao awarded the outstanding

cmyk

trophy to the Jewel of Davao Gulf Island Garden City of Samal. The award was held at the Ayala Centrio Mall Activity Center last October 20, 2017. In their absence the award was received by the Vice President for Marketing of Business Week Mindanao Joe Palabao and was properly given to them last November 16 at the Tourism and Investment Office by Jennifer D. Cariaga and Staff of the City.

Being the Jewel of Davao Gulf and a known tourist destination in the country, in Mindanao and in Region 11, the active and debonaire City Mayor

AL David T. Uy invites and welcome the foreign, domestic and local Tourists to the Island as it continuously offers countless destinations to see, adventures to

experience and activities to do. And when Tourists come to visit be sure to stay for a longer time so to enjoy the luxury of nature and exciting experiences that the

island has in store for all the Tourists.

Funtastic Samal Island “The Jewel of the Gulf Davao” deserves the award as the Most Outstanding LGU City

Level Best in Tourism Program and Promotion in Mindanao during the 6th Mindanao Business Leaders and Entrepreneurs Awards 2017 ... KUDOS!!

STEAG ENERGY QUIZ CHAMP: Mindanao State University-Iligan Institute of Technology (MSUIIT) bags the first prize award in the recently concluded Steag Energy Quiz held at the Limketkai Mall in Cagayan de Oro City.

About 30 teams from the different private and public junior high schools in Region 10 joined the event. St. Mary’s School and Central Mindanao University won the second and third prizes, respectively. Organized and sponsored by power-producer STEAG State Power Inc. (SPI), the annual battle-of-the-brains aims to promote energy conservation awareness at the same time encourage young students to develop a keen interest in science and technology.

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friday|november 24, 2017

Replaces... from page 1

Ana Pier in Davao City to Bitung via Tahuna in North Sulawesi due to lack of load factor.

Last April 30, the DavaoGeneral Santos-Bitung line was opened, with President Rodrigo R. Duterte and Indonesian President Joko Widodo leading the ceremony.

It was initially serviced by M/V Super Shuttle RORO 12, owned by Cebu-based Asian Marine Transport Corp.

Napitupulu said the first fleet of the KM Gloria 28 had been loaded at least half of its full capacity in October.

It’s scheduled to return this month.

But Napitupulu said the M/V Super Shuttle RORO 12 would be tapped once there is enough cargo load.

The cargo from Mindanao included agricultural products and decorative lights while products from Indonesia included furniture and some agricultural products, he said.

The consul general said business missions have been held between the two countries to promote the new sea route.

But Napitupulu said each side needs to have a consolidator to collect information on the available products that can be exchanged “because this is totally private-driven.”

“A f t e r o u r v i s i t a t Davao City Chamber of Commerce, I said, ‘You have to assign somebody to be the consolidator, aggregator, whatever the name is – somebody has to aggregate and collect all these potentials. Price is very important for businessmen, cost is a determinant factor,” he said.

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

He hopes the volume will eventually increase because more volume makes the shipping cost a lot cheaper.

The consul general said it is not easy to match buyers from Indonesia and Mindanao but he said that there is a positive trend among the traders from both sides.

“Our leaders agreed to strengthen relations and the businessmen as well.

As always, it takes time … to begin a new effort,” he said.

To promote and open a new market, Napitupulu said they are organizing a three-day 1st Indonesia Fashion Expo (IFE) 2017 at the Abreeza Mall of Davao from November 24 to 26 that will highlight some Indonesian products that can be sold in the Philippines, including clothing products, bags, shoes, and fashion accessories.

Napitupu lu s aid t he staging of the expo is part of their effort to promote the economic partnership between the Philippines and Indonesia.

It will include one-onone business matching, with music and cultural performances and tourism promotion activities on the sidelines. (Antonio L. Colina IV / MindaNews)

Cancels... from page 1

fifth round under previous administrations.

Dureza said they took guidance from the recent announcement and declaration of the President who blamed the New People’s Army (NPA), armed wing of the communists, as behind a series of attacks all over the country.

Duterte told reporters on Tuesday that Executive Secretary Salvador Medialdea and Chief Presidential Legal Counsel Salvador Panelo would study and draft the proclamation labelling the communists as terrorists.

“It’s a legal thing that they have to craft,” he said.

Duterte said he will not go back to the peace table with the CPP with the NPA attack last November 9 in Barangay Tikalaan, Talakag, Bukidnon that left two people dead and six injured. Among those killed was four-month-old Walysha Machorao, whose family boarded a Toyota Fortuner that was tailing a police patrol car.

T h e Un i t e d S t a t e s S e c re t ar y of St ate h a s designated the CPP-NPA as a foreign terrorist organization on August 9, 2002. From 1997 to 2017, the Secretary has listed 61 international terrorist groups, with only 13 groups so far delisted. The CPP-NPA is still on the list.

D ute r te w ar ne d t he mining companies to close if they continue to pay revolutionary taxes to the NPA. “It’s almost a public knowledge that mining

companies are contributing to the taxation of the NPAs thereby giving them also strength, money to buy arms, and bullets and all in their desire to topple down the Republic of the Philippines.

We have to talk. I have to talk to them. For those who cannot resist, then you better close up,” he stressed.

In a statement issued on Monday, the communists said: “The people recognize these threats against the revolutionary and progressive movement for what they are: to eliminate the strongest and most consistent opposition to his [Duterte’s] fascist rule, silence dissent against his anti-people and proimperialist policies and further perpetuate himself in power through a one-man rule.”

“The fact is, he does not even need to issue this threat.

The reactionary state has long criminalized political dissent, charging both revolutionaries a n d pro g re s s i v e s w it h trumped-up criminal charges and detaining them for long periods of time,” the communists added.

The supposed fifth round of peace negotiations scheduled on May 27 to June 2 in The Netherlands was cancelled by the GRP “for lack of compelling reason” after the NDFP instructed the NPA units to intensify offensives across the country with Duterte’s declaration of martial law in Mindanao last May 23.

Duterte placed Mindanao under martial law after the Islamic State-inspired Maute Group attacked Marawi. It took the military five months of non-stop clashes with the terrorists to retake the country’s lone Islamic City.

T h e 6 0 - d a y implementation period, as allowed by the 1987 Constitution, was supposed to lapse on July 22, but Duterte extended martial law until December 31 and got congressional approval.

Last October 16, the military killed Abu Sayyaf Group leader Isnilon Hapilon, the emir of the ISIS in Southeast Asia, and Omar Maute.

Dureza said the President has taken “unprecedented steps and has walked the so-called extra mile to bring peace” but he criticized the communists for not reciprocating this effort.

He maintained that the GRP-NDFP peace talks would not resume “until such time as the desired enabling

Publication Notice RA 10172

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 RA 10172), Notice is hereby served to the public that RUTHCHIE D. CABALLERO has filed with this Office a petition for correction of entry in SEX from ‘’FEMALE’’ to ‘’MALE’’ in the Certificate of Live Birth of RUTHCHIE D. CABALLERO, born on May 21, 1979 at Baungon, Bukidnon and whose parents are CANISIOS R. CABALLERO and JULIETA Y. DAANOY.

Any person adversely affected by said petition may file a written opposition with this Office not later than 10 days.

BWM: Nov. 24 & Dec. 1, 2017

(Sgd.) EVANGELINE C. LIBAYNON Municipal Civil Registrar

from page 1

DTI is als o directly rolling out the microfunds for the IDPs, in which the beneficiaries can pay their loans through pawnshops.

The DTI also allocated PHP45 million as loans for small and medium enterprises (SMEs) in Marawi. This fund will be rolled out through conduits. (PNA)

Deny... from page 1

did not cause the reported fish kill in Iponan river, including the reported cases of skin irritation being experienced by residents in Barangay San Simon.

She said the leachate stays in a “cell,” a portion of the landfill where the garbage is dumped and proper intervention is being applied.

A cell, about five meters deep and a hectare wide, can accommodate up to 500,000 cubic meters of trash. The city generates an average of 800 cubic meters or 235 tons of garbage daily.

If the leachate pond has reached a certain level, Mabelin said it is then pumped back into the cell to ensure that it does not overflow.

She also made it clear that “the rainwater that flows to Iponan river is not contaminated by the leachate” from the landfill.

That’s why, she said, it is unlikely that the leachate will contaminate the Iponan river and affect the marine life as well as the health nearby residents.

Besides, she added, the Pagalungan landfill has only been in operation for seven months, so a contamination, if any, is not that “significant.”

E d g a r d o N a g u i o, a solid waste management coordinator, noted that in the reported fish kill and other reported adverse effects on the population, the San Simon village council failed

OFFICE OF THE MUNICIPAL CIVIL REGISTRAR NOTICE TO THE PUBLIC

Date: November 17, 2017

NOTICE TO THE PUBLIC

Prices...

Republic of the Philippines AUTONOMOUS REGION IN MUSLIM MINDANAO PROVINCE OF LANAO DEL SUR MUNICIPALITY OF TUGAYA P.O. Box: 9317

Republic of the Philippines LOCAL CIVIL REGISTRY OFFICE Baungon, Bukidnon CCE-0043-2017 RA 10172

environment conducive to a change in the government’s position becomes evident.”

Dureza thanked the Royal Norwegian Government for its strong support to the peace efforts and, at the same time, expressed regrets for this turn of events.

He said the government re m a i n s s t e a d f a s t a n d undeterred in its unrelenting journey for sustainable and just peace.

“Let’s all stay the course,” he said.

CCE-001-2017 R.A 10172

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 OF R.A 10172), notice is hereby served to the public that LAILIAH HADJI YUSOPH HADJI SOCOR has filed with this office, a petition for correction entries of her middle name form ‘’H.YUSOPH’’ to ‘’HADJI YUSOPH’’, her last name from ‘’H.SOCOR’’ to ‘’HADJI SOCOR’’, HER Sex from ‘’MALE’’ to ‘’FEMALE’’ and mother’s Last name from ‘’H. YUSOP’’ to ‘’HADJI YUSOPH’’, my father’s Last name from ‘’H.SOCOR’’ to ‘’HADJI SOCOR’’ in her certificate of live birth at Municipality of Tugaya, Lanao del Sur and whose parents LININDING POCA-AN HADJI SOCOR and NORONISA MACALI HADJI YUSOPH.

Any person adversely affected by said petition may file his/her written opposition with the office not later than,________2017.

BWM: Nov. 24 & Dec. 1, 2017

(Sgd.) AMER P. PACALNA Municipal Civil Registrar

to show evidence to support their complaint.

Naguio said not one killed fish was presented, and no one from San Simon had gone to the health center there to complain of skin illness.

It can be recalled that Cagayan de Oro is one of the cities facing charges before the Office of the Ombudsman for failing to comply with RA 9003, prompting the city government to close the 17-hectare dumpsite in Upper Dagong, Barangay Carmen and opening the Pagalungan landfill.

About P100 million from this year’s annual budget was allocated for the sanitary l an d f i l l, i n c lu d i ng t h e acquisition of the lot, land development, building of facilities, road maintenance, and op erational needs.

(PNA/Jigger J. Jerusalem)

Raises... from page 2

onshore, but a ls o w it h i nve s t or s f rom Eu rop e and Asia.” Manuel Paolo Villar, President and Chief Executive Officer of Vista Land.

T h e n e w b on d s a re expected to be issued on Nov. 28.

DBS Bank Ltd. and HSBC were Joint Lead Managers and Bookrunners for the new bonds. (PNA) EXTRAJUDICIAL SETTLEMENT OF ESTATE OF GUILLERMO ARIATA WITH ABSOLUTE SALE OF A PARCEL OF LAND

Hurst... from page 4

for the rest of your life—no matter what happens. You choose to do all you can for your mate’s happiness, since you realize that’s the only way you’ll be happy yourself. So why not ask Jesus Christ to forgive you for living your own way?

T h e n a s k Hi m to st ar t changing you so you can star t enjoying real love with your spouse; because two is def initely b etter than one—when you really become one. Just Think a Minute…

Toilets... from page 4

and measles combined.

Therefore, the provision of clean and safe public toilets are prerequisites for health, dignity, privacy and education for all.

As an advocate for change in this era of good governance, the Goking proposal which calls for effective sanitation policies to ensure health, dignity and well-being for every Cagayanon is absolutely the call of the hour. (rufy44_ph2000@ yahoo.com) EXTRA-JUDICIAL PARTITION WITH WAIVER OF RIGHTS OF A PARCEL OF LAND

Notice is hereby given that ANDRES ARIATA, of legal age, married, Filipino citizen and a resident of Yumbing, Mambajao, Camiguin is the only child/heir of Guillermo Ariata who died without leaving a will nor incurred indebtedness during his lifetime and who remains the declared owner of the said property which I hereby adjudicate ownership unto myself as sole heir of Lot. No. 6126; T.D. No. 04001518431; Area of 843 square meters; That for and in consideration of the sum of EIGHTEEN THOUSAND PESOS (Php 18,000) Philippine Currency, to me in hand paid by ELVERA G. PERANG, likewise of legal age, Filipino citizen and a resident of Yumbing, Mambajao Camiguin, receipt of which is hereby acknowledged to my full satisfaction, by these presents I hereby absolutely SELL, CEDE, TRANSFER and CONVEY the above-described parcel of land to herein Vendee, Elvera G. Perang, her heirs and assigns, free from any lien or encumbrance. Under Notary Public of ATTY. VITO M. CARRILLO; Doc. No. 115; Page No. 37; Book No. 55; Series of 2017.

Notice is hereby given that the intestate estate of the deceased ANTONINA D. FABRIGAS, who died on September 13, 1998 at Gimangpang, Initao, Misamis Oriental. Tax Declaration No. 40502 at LANGCUBON, INITAO, MISAMIS ORIENTAL; containing an area of sixteen thousand three hundred forty three (16,343) square meters, more or less.

ANTONINA D. FABRIGAS is the subject of EXTRA-JUDICIAL WITH WAIVER OF RIGHTS OF A PARCEL OF LAND, is made and entered into; AGATON ROLDAN FABRIGAS VELEZ, SR., REYNALDO FABRIGAS VELEZ (married) & LUNA VELEZ ARRIOLA (married), all of legal age, Filipino citizens, with residence & postal address at Gimangpang, Initao, Misamis, Oriental; DELIA VELEZ REALISTA, of legal age, Filipino citizen, married, with residence & postal address at Aluba Subd., Cagayan de Oro City; HERMENIA VELEZ CLARITO, of legal age, Filipino citizen, married, with residence & postal address at Steel Town Subd., Iligan City; and LUCAS FABRIGAS VELEZ, JR., of legal age, Filipino citizen, married, wioth residence and postal address at Manticao, Misamis Oriental; Under Notary Public of ATTY. EMELITO J. MARQUINO; Doc No.____; Book No. ____; Series of 2017.

BWM: Nov. 24, Dec. 1 & 8, 2017

BWM: Nov. 24, Dec. 1 & 8, 2017

Publication Notice {RA#9048/R.A#10172 NOTICE TO THE PUBLIC

CC- 0018-2017 R.A#10172 Date: November 13, 2017 In compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1. Guidelines in the Implementation of the Administration Order No. 1 Series of 2012 {IRR on R.A 10172},Notice is hereby served to the public that LADYBHEM PATEÑO SIALONGO has file with this office, a petition for Correction of entry of gender/sex from “FEMALE“ to “MALE” in the certificate of live birth of LADYBHEM PATEÑO SIALONGO at Laguindingan Misamis Oriental and whose parents are ROLANDO TIJANO SIALONGO and MERLYN JARAMILLO PATEÑO. Any person adversely affected by said petition may file his written opposition with this Office not later than December 4, 2017.

(SGD.) MA. TERESA R. CAYLO

Municipal Civil Registrar BWM: Nov. 17 & 24, 2017

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friday|november 24, 2017