Issuu

BusinessWeek MINDANAO CREDIBLE

Volume VIII, No. 54

Market Indicators

As of 6:00 pm October 10, 2017 (tuesday)

FOREX

PHISIX

US$1 = P51.30

8,398.04

14.4 cents

30.66 points

Briefly

Coco milk project THE Board of Investments (BOI) has approved the P245.7-million coconut milk project of Century Pacific Agricultural Ventures Inc. (CPAVI) in General Santos City. In a statement Friday, BOI said the new production line in CPAVI’s facility in Barangay Tambler, Calumpang, Purok Lansong in General Santos City targets to produce 15.3 million kg. of coconut milk annually for export to Malaysia. It partnered with Llanco Manufacturing Sdn. Bhd., producer and supplier of coconut-related products in Malaysia, for the export of CPAVI’s coconut milk to the neighboring country. The project is registered under Export Activities of the 2017 Investment Priorities Plan (IPP).

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COWD-Rio Verde out to terminate supply deal (First of Two Parts) By MIKE BAÑOS, Editor-at-Large

AFTER an often rocky relationship, the Cagayan de Oro City Water District and its bulk water supplier Rio Verde Water Consortium, Inc. are calling it quits. In a letter addressed to COWD General Manager

R a c h e l M . B e j a d at e d August 8, 2017, Rio Verde management pres ente d its Counter Compromise Agreement acceptable to its shareholders. “COWD forwarded this to the Office of the Government

Corporate Counsel (OGCC), its statutory counsel, for legal review before this shall be submitted to the court for decision,” Beja noted. T h e “A g r e e m e n t Nullifying the Bulk Water Supply Agreement (BWSA) and Settling the Disputes by terminate/PAGE 11

WATER-LESS. The Cagayan de Oro Volunteer Fire Brigade dilivers water to affected residents in Pag-IBIG Citi Homes in Opol, Misamis Oriental. photo supplied

Vis-Min link-up could be govt’s pilot project T

By MYRNA M. VELASCO, Contributor

HE Visayas-Mindanao Interconnection Project (VMIP) is hinted as the ‘pilot project’ that will likely test the viability of President Rodrigo Duterte’s Executive Order No. 30, or the Malacanang-issued policy streamlining processes of energy project approvals.

PEZA investments up INVESTMENT approvals of Philippine Economic Zone Authority (PEZA) in the first three quarters of the year reached P196.46 billion, up 94 percent from PHP101.20 billion in the same period in 2016. In a briefing Monday, PEZA Director General Charito Plaza said developments of new economic zones have driven the increase in investment approvals in January to September 2017 period. Plaza said the top economic zone developer in the first nine months of the year was First Pangasinan Property Development, a joint venture of Filipino, Taiwanese, Chinese, and Singaporean companies. Its initial project is the development of a 400-hectare economic zone in Dasol, Pangasinan amounting to P20.79 billion, the PEZA chief said.

P15.00

Wednesday | October 11, 2017

FROM MARAWI TO MALL. Soldiers spend their time off from combat duties in Marawi City inside a mall in Iligan City on Sunday. mindanews photo by manman dejeto

Energy Secretary Alfonso G. Cusi indicated to reporters that he is already nudging t he Energ y Invest ment C oordinating C ouncil (EICC) led by Senior Energy Undersecretary Jesus Cristino P. Posadas on the completion of the crafting of the EO’s implementing rules and regulations.

“I am rushing them (EICC body) because we’re going to declare already a project of national significance…A pilot project for the EO,” he said. When prodded which particular project would serve as EO 30’s test case, the energy chief sounded off that “it project/PAGE 11

Surigao fishersfolk protect marine sanctuaries by heart By CHRIS V. PANGANIBAN, Contributing Editor

CORTES, Surigao del Sur-- Fishersfolk of this wide coastal town have been collectively guarding their rich marine sanctuaries and fishing grounds with heartfelt dedication. No wonder this once virtually unknown town gained national prominence

when it became the first grand winner of sustainable coastal management competition besting other finalists in the efforts in protecting and conserving their marine environments. Endowed with 56,000 hectares of municipal waters which is much larger than its

13,059 hectares of land area, the residents’ commitment to safeguard their marine preservation areas (MPAs) in recent years made them as the grand winner of the Malinis at Mas aganang Karagatan (MMK) 2016 initiated by the Bureau of Fisheries and Aquatic Resources (BFAR). protect/PAGE 11

A guard house where bantay dagats (sea guards) in Burgos village are stationed 24/7 just situated in the borders of marine sanctuary in Cortes town in Surigao del Sur. chris v. panganiban

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Economy

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Siargao featured as top 5 tourist destination

URIGAO City -Siargao has just been lifted up by CNN Go from eighth place to top five of the best tourism destinations in the world, announced General Luna Mayor Jaime Rusillon during the 23rd Siargao International Surfing Cup. CNN Go is the online streaming platform of Cable News Network (CNN). It is a monthly 30-minute show featuring a unique take on global destinations, getting views from genuine insiders on what gives dynamic destinations around the world their distinctive buzz. 1st Legislative District

of Surigao del Norte representative Francisco Jose Matugas II said they were developing great plans for Siargao. “We want Siargao to be on top, as the center of tourism in this part of the world. That is why we see to it that the Siargao Circumferential Road is fully completed,” he said. “On top of that, I also endeavor to operationalize the Siargao International Airport and to set in place the Materials Recovery Facility because we enforce a zero tolerance policy against waste materials. We don’t want Siargao to be just another Boracay where there is a solid waste management problem. We are also

planning to build a nautical highway, a bridge connecting Hayangabon to Socorro and Socorro to Consolacion, Dapa,” he added. Speaking on behalf of House Speaker Pantaleon Alvarez, Defense Secretary Delfin Lorenzana also congratulated everyone for making the tourism festival colorful, and assured the people that the current administration is always supporting their endeavours. Tourism Undersecretary Katherine de Castro and Philippine Sports Commissioner Ramon Fernandez also delivered their congratulatory speeches

in support of the historic event. Binibining Pilipinas 2017 Universe Rachel Peters, Dina Bonnevie and Borgy Manotoc were among the popular celebrities in the

entertainment world who were spotted during the Surfing Cup event. Also present were Health Secretary Paulyn Ubial, Tourism Regional Director Ma. Ana Nuguid, Camarines Sur Governor

Miguel Villafuerte, Ilocos Sur Governor Deogracias Victor Savellano and Surigao del Norte Vice Governor Arturo Carlos Egay, Jr. (VLG/John Glenn A. Platil,PGO-SDN/PIASurigao del Norte)

Pag-IBIG Fund now offers penalty condonation By RETCHIE T. PACULBA, Contributor

PAG-IBIG Fund now offers a Penalty Condonation to all unregistered and delinquent employers who have coverable employees from whom they did not collect the mandated monthly savings. Eligible employers with an ongoing plan

of payment under PagIBIG Fund Circular No. 339 may apply under this program but for the unpaid penalties only. Furthermore, in order to avail of the Penalty Condonation, the employer must register and update their records in Pag-IBIG Fund via

online registration system. The application for Penalty Condonation and the list of documentary requirements can be secured at the Pag-IBIG Fund website, www. pagibigfund.gov.ph, or at the emploeyer’s nearest Pag-IBIG Fund Members Services Branch, Members Services Office or Service offers/PAGE 11

Peace and Order Situation of Kapatagan, Lanao del Norte RPN Radyo Ronda Stations Nationwide

CNN Philippines Stations Nationwide CNN Philippines TV-9 Manila CNN Philippines TV-12 Baguio CNN Philippines TV-12 Dagupan CNN Philippines TV-26 Tarlac CNN Philippines TV-10 Iriga CNN Philippines TV-4 Iloilo

CNN Philippines TV-8 Bacolod CNN Philippines TV-9 Cebu CNN Philippines TV-5 Cag. de Oro CNN Philippines TV-5 Zamboanga CNN Philippines TV-7 GenSan CNN Philippines TV-9 Davao

DZBS 1368 Baguio DZRL 639 Batac DZTG 621 Tuguegarao DZKI 1332 Iriga DYKW 936 Binalbagan DYKB 1404 Bacolod DYKC 675 Cebu DXKO 1368 Cagayan de Oro DXKS 1080 Surigao DXKD 1053 Dipolog DXKP 1377 Pagadian DXXX 1008 Zamboanga DXKT 1071 Davao DXDX 693 General Santos

By VILMA C. ARCONADA Lala National High School

EV E N t h ou g h we are under martial law and even though Marawi City is still under siege, the peace and order situation in Lanao del Norte which includes Kapat agan is stable. The Muslims and Christians alike have been working hand in hand to achieve everlasting peace in the area. The spiralling growth in economy brought about by several economic programs of the lo cal

government units (LGUs) have likewise contributed to the attainment of a p e a c e f u l e nv i ron me nt within the province. However, should there be any form of breach of peace and order in the province of L anao del Norte, the Armed Forces of the Philippines (AFP) and the Philippine National Police (PNP) are well in place and ready to address and quell the disturbance.

What makes our great province beautiful and b ountiful is the hear t and spirit of its people – resilient in the present and hopeful for the future. It must remain a land of beauty and bounty. We are one in our goal to do good to one another. We all cooperate in the community as one for a coordinated effort for peace and development for the best interest of the people.

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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CorporateWorld

Manufacturing output recovers in August

ANUFACTURING output in August 2017 recovered from its previous month’s decline, soaring in both volume and value terms, the Philippine Statistics Authority (PSA) on Tuesday reported. In the Monthly Integrated Survey of Selected Industries (MISSI) of the PSA, an

attach agency of the National Economic and Development Authority (NEDA), the manufacturing sector’s Volume of Production Index (VoPI) rose by 2.8 percent from the 3.5-percent decline last July. The Value of Production Index (VaPI) also increased by 2.4 percent from a 2-percent drop last month. Construction-

related manufactures led the recovery in manufacturing output, as the production of basic metals, fabricated metal products and non-metallic mineral products continues to increase at 28.5 percent, 89.5 percent and 18.7 percent, respectively. Export-oriented products similarly contributed to the recovery of the manufacturing sector

as the production in furniture and fixtures, as well as leather products, remained positive at 35.6 percent and 21.9 percent. NEDA Officerin-Charge (OIC) and Undersecretary Rolando Tungpalan said the growth in manufacturing is expected to continue to improve in the fourth quarter on the back of increased demand for construction products. “Sustained

AirAsia asks gov’t to scrap travel tax, airport fees PHILIPPINES AIRASIA, Inc. is asking the government to scrap the travel tax and airport fees imposed on departing travelers, saying this move would spur outbound traffic. AirAsia Philippines Chief Executive Officer Dexter M. Comendador said the budget carrier submitted a proposal last month to the departments of finance, tourism, trade and industry, and transportation, seeking the removal of the travel tax collected by the Tourism Infrastructure and Enterprise Authority (TIEZA), as well as airport fees “We kept on asking the government that they give us incentives… One is airport fees. We are talking to CAAP [Civil Aviation Authority of the Philippines], could you please waive airport fees for about three to five years? It will lessen our operational costs,” Mr. Comendador told reporters in a recent interview. “We asked also the DoT (Department of Tourism) to remove first the TIEZA fee of [about] P1,600 so that we can stir outbound traffic,” he added. Airline passengers leaving the Philippines are charged a full travel tax of P1,620 for those in economy class, and P2,700 for those in first class. Overseas Filipino workers and Filipino permanent residents abroad, among others are exempted from paying travel tax. However, scrapping the travel tax would need legislative action. Under Republic Act No. 9593 or the Tourism Act of 2009, 50% of the travel tax collection will be given to TIEZA while 40% is allotted for the Commission on Higher Education for tourism-related educational programs, and the remainder will be given to the National Commission for Culture and the Arts. “Inbound traffic is easy, but travel is two-way…. I have to stir up the domestic tourists to go out. One way is to remove the P1,620, and hopefully the airport fees. That will total roughly P2,000 per passenger, because airport fee is P500… If a

family of five goes to Hong Kong, [they will spend] P10,000, and they haven’t left the Philippines yet,” Mr. Comendador said. Airport terminal fees, also known as Philippine passenger service charge, range from P50 to P200 for domestic flights, and P550 to P700 for international flights. “We have a study that says if you take away the travel tax and the airport fee, you will lose roughly P4 billion in five years. But, you will gain P299 billion in terms of tourists coming in, [from] direct revenues and induced [revenues],” Mr. Comendador said. The AirAsia Philippines CEO said waiving fees will encourage more Filipinos, particularly those in the provinces, to travel. So far, Mr. Comendador said they have received positive feedback, particularly from Bohol Governor Edgardo M. Chatto who was open to waiving fees at the Panglao Airport. Earlier, AirAsia Group CEO Tony Fernandes had raised the issue of lowering airport taxes, particularly in small airports, during a meeting with Department of Finance (DoF) Secretary Carlos G. Dominguez III.

LCCT IN CLARK? Meanwhile, Mr. Comendador said Philippines AirAsia is also in talks with the government for a proposal to build low-cost carrier terminals (LCCT) or budget terminals, similar to the Kuala Lumpur International Airport 2. “In fact, we’re willing to offer our engineer, we have an engineer in AirAsia Group, who helps in designing low-cost carrier terminals,” he said. Mr. Comendador said LCCT will allow 25 minutes turnaround time, as it uses stairways instead of tubes which will allow passengers to deplane in five to ten minutes. AirAsia is proposing to convert Clark International Airport Terminal 1 into an LCCT, with the upcoming construction of new terminals for the expansion of the airport. “We’re requesting that they convert Terminal 1 into a lowcost carrier terminal if they want (terminals) 2, 3, and 4 to be world class,” Mr. Comendador said. AirAsia Philippines is planning to raise up to $250 million from an initial public offering (IPO) by mid-2018. Proceeds will be used primarily to expand its facilities.

infrastructure development, translating to increase in public construction expenditure, is anticipated not only to increase the growth of the manufacturing sector but also to support the continuous growth of the economy,” he said. Tungpalan thus underscored the need to expand the local production capacity and efficiency of construction-related

manufacturers to support the government’s initiative of massive spending in infrastructure programs and projects. MISSI is a report that monitors the production, net sales, inventories and capacity utilization of selected manufacturing establishments to provide flash indicators on the performance of the manufacturing sector. (PNA)

Opinion

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BOC’s hot money

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Ruffy magbanua WITH all the hullabaloos at the Bureau of Customs (BOC), I personally empathize with Sen. Richard Gordon in putting more pressure on one of the country’s most corrupt government agencies. Well, the time has come to take serious effort in putting a stop on the rampant smuggling and corruption inside the agency. Interpellating during the deliberation for the BOC budget for 2018, Sen. Gordon disclosed that in 2015, the

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An Empty Egg think a minute

jhan tiafau hurst Think a minute…This is a true story about a boy named Philip. Philip was 9 years old in a class of 8-year-olds. The kids in his class were mean and unkind to Philip. They would not talk to him or let him play with them. Philip suffered from a disease called Downs Syndrome, so his face looked a little different and his thinking and talking were slower than the other children’s. During the week of Easter the teacher gave each child a plastic egg that they could open. Then she sent them outside to find a symbol of new life, such as a seed or leaf, to put inside the plastic egg. Sometime later all the children gathered around their basket of eggs and watched as the teacher began to open them. One child had put a flower inside

her egg. All the children thought it was a great symbol of new life. In another egg was a butterfly that all the girls said was beautiful. Finally, the teacher opened the last plastic egg and there was nothing inside it. One child said, “That’s dumb!” Another kid said, “That’s not fair!” Then the teacher felt someone pulling her hand. It was Philip. He looked up at her and said: “It’s my egg. I left it empty because Jesus’ grave is empty. That’s why I have new life.” The whole class was silent. From that day on, Philip was accepted as part of the class. Whatever had made him different was not important or mentioned again. Just a few months later, Philip died from an infection. On the day of Philip’s funeral his whole class of 8-yearold boys and girls came to say goodbye to their special friend. And each child walked up to Philip’s casket to place beside it their gift: an empty egg. Friend, if God the Son can make His love so real and understood to a child like Philip, then none of us has an excuse for not understanding how much Jesus loves us. God humiliated Himself by egg/PAGE 11

government lost a total of $21,405,000,000 or P1trillion due to uncollected taxes from importations from China, Japan, United States, Singapore and Hong Kong. That’s a third of the country’s national budget! Gordon showed an eye-popping record of P1,361,327,700,00 ($26,692,700,000 – billion) worth of importations was sent to the country in 2015 from China but the Customs Bureau was only able to collect P585.021-billion ($11.471- billion), a variance of -132.7 percent. From Japan, there was more than P483.873-billion ($9,487,710,000) worth of imports but the BOC collected only more than P338.589billion ($6,639,000,000), a variance of -42.91 percent. From the US, t o t a l i mp or t at i on w a s P402,991,800,000 ($7,901,800,000), but

only P380.868 – billion ($7.468-billion) was collected, or a variance of -5.81 perent. For Singapore, importation w a s arou nd P 3 2 7 . 2 1 6 billion ($6,416-billion) but collection was pegged only at P255.255 – billion ($5.005B), or a variance of -28.19 percent. And Hong Kong, importation was P169,829,490,000 ($3,329,990,000 B); collected was P93.840billion ($1,840-billion) with a variance of 80.98 percent. Over the years, as you dear readers would easily agree with me, the BOC seems to be the one government office where darkness and evil always triumph. As per result of the SWS survey, the BOC had consistently topped their polls as the most corrupt government agency from 2005 to 2016.

But here’s the problem. The anger and indignation are not sustained, why? Well, the corruption mess is deliberately downplayed by a company of cretins at the BOC. And most often than not, the corruption mess is deliberately consigned to the dustbin of journalism history, done by a team of cohorts from hired PR firms --- always ready to summarily kill a story that will place the BOC in a bad light. For over a decade, the BOC has failed to show improvement in fighting corruption. Case in point: Remember Customs clerk named Paulino Elevado? He was the owner of a pricey Porsche Carrera sports car. Aside from his Porsche, he also owned a fleet of six other luxury cars, two houses in an upscale subdivision. His salar y? money/PAGE 11

SAFE AND SOUND have my say

klaus doring After several days staying in Manila with an amazing schedule, I am finally back in my beloved Davao City. Thank you Lord. Right now, while writing this piece, I am - so-to-say - in “safe mode”. Innumerable meetings in the German Embassy but also invitations from different diplomatic institutions made me really breathless. On the

other hand, I also did enjoy every single minute. But now, I am in safe mode indeed! From time to time I love silence. I love quietness. - Do you observe that we live in a real frightful loud world? At every corner of our daily life are innumerable chances of being covered up with sometimes unbearable din and noise. The loud outcry gives us the needle. We don’t have nerves of steel forever. I am not really a fan of going out at night. My stay in Manila was packed full with night events I was invited to as German Honorary Consul to the island of Mindanao. It’s indeed amazing, how many countries and business people are getting more and more interested in Mindanao. Very good! Right now, I am enjoying

the nicest occurrence which is the silence, the intimate taciturnity, which can even “weld” people or partners together. It might sound just like an idiomatic expression, but believe me; not being forced to talk is great! No, I don’t mean that we have nothing to say to each other any more - or, he or she won’t listen to a special reason... . I am talking about a deep understanding between people, who are together and are able to share time in quiet and silent happiness. After those long and strenuous days in Manila, is it a real big comfort to sit and lean back, read all the (old!) newspapers and magazines from the last days and weeks while enjoying a glass of wine and a handful peanuts while having a

smooth radio program in the background, instead a “roars to hell” television show. Try it. It’s indeed relaxing after traffic woes, the heat and dust of the day, telephones’ ringing, and machine rattlings... . Feeling safe and secure, inseparable, indestructible with peace in our minds and our surroundings, this is what we really mean to each other, understanding without words. At home, maybe somewhere in the garden, at a beach - there are many wonderful places. And, suddenly out of the blue from the bottom of our heart and from the depth of comfort and ease, we might be able to speak about things, which couldn’t be discussed earlier. A good talk grows safe/PAGE 11

Palace must bare proof vs. 2 police generals Kakampi mo ang batas

Batas Mauricio LIFE’S INSPIRATIONS: “… Which of you will listen to this or pay close attention in time to come?’…” (Isaiah 42:23, the Holy Bible). -ooo PALACE MUST BARE PRO OF VS. 2 POLICE GENERALS: If I were one of the lawyers or spokespersons in Malacanang at this point in time, I will insist on releasing the entirety of the decision that President Duterte signed, ousting Police Generals Edgardo Tinio and Joel Pagdilao. The reason: to show that the dismissal of the two was not meant to

merely recover lost ground for the President after his popularity rating went down just recently. I am sure that the political foes of the President will assail his order ousting the two from the Philippine National Police, on the argument that what he did was mere damage control, to counteract the 18 plus points drop in his ratings as reported very recently by the Social Weather Station (SWS). To cushion the impact of these accusations, the evidence relied upon by the President to dismiss the two from the service must be shown to the people, complete with each and every detail of their participation in the proliferation of illegal drugs in the country. That is, if there is such an evidence! There would be a problem if there is no such evidence. Then the campaign against drugs of this government would be truly screwed up. -ooo-

IS THE SWS SURVEY SHOWING A DROP IN THE RATING OF DIGONG TRUE? On the other hand, was the reported drop in the ratings of President Duterte, as reported by SWS, true? Could it be possible that this is just part of the overall scheme to oust him from Malacanang? Is the reported close relationship between the owners of SWS and the high officials of the Aquino government a factor to consider in the report against Duterte? These are the questions t hat supp or ters of t he President asked me during the past few days after the release of the SWS report. According to these supporters (who call themselves “DDS” for “Diehard Duterte Supporters”), it is not possible for Duterte’s ratings to go down radically, as reported by SWS, since many Filipinos who installed him in power in 2016 continue to rabidly support him at this point. Many of those who came

to me also asked why many big media and broadcast companies in the country appeared to have been united in refusing to publicize photos of the rallies of Duterte supporters right after SWS released its report. They say that the pictures of the rallies show the continuing strength in numbers of those who are backing the President. -ooo FILIPINOS ARE SHAKEN BY WHAT THEY READ AND SEE IN MEDIA: Be that as it may, whether the SWS report is accurate or true or not, it cannot really be denied that many of our countrymen are greatly affected by items coming out in newspapers, on radio and television and in social media, which depict police violence and extreme brutality, and the continuing corruption in government, especially in the Bureau of Customs. From what people read in newspapers and hear and see on radio and TV proof/PAGE 11

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Banking&Finance

Dominguez lauds order establishing OFW Bank

INANCE Secretary Carlos Dominguez III on Monday hailed the signing of an Executive Order (EO) for the establishment of a bank specifically for Overseas Filipino Workers (OFWs). This after Malacanang made public on Monday EO 44, signed last Sept. 28, directing

the Philippine Postal Corporation (PhilPost) and the Bureau of the Treasury (BTr) to transfer their Postalbank shares to the Land Bank of the Philippines (Landbank) at zero value. Dominguez, in a Viber message to reporters, said the Finance department “moved quickly to help deliver on the President’s

campaign promise to create a financial institution totally dedicated to catering to the needs of all overseas Filipinos. “This financial institution will be a subsidiary of Landbank, the govenrment-owned and -controlled bank with the most extensive branch network that will

cater to the needs of the families of foreign-based Filipinos,” he added. Establishment of an OFW-focused bank was first broached by the Department of Finance as part of the Duterte government’s way to help alleviate lives of the more than nine million OFWs and their families. Under the EO,

Landbank was ordered to ensure the capitalization of Overseas Filipino Bank, which will be headed Landbank’s chairperson. Postalbank offcials who will be affected by this transfer will be offered an early retirement incentive plan. Dominguez earlier said Landbank, after due

diligence, has placed the Postalbank’s valuation at negative PHP580 million. Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. earlier said there is no need for a Congressional approval for this transfer since it does not involve any changes in Landbank’s Charter. (PNA)

OTHER Association of Southeast Asian Nations (ASEAN) members can adopt the Philippine support system for its migrant workers, the World Bank (WB) said, as it called on easing restrictions on labor migration to boost workers’ welfare and accelerate regional economic integration. “The highly-developed support system for

migrant labor in the Philippines can serve as a model for other countries, however, the country should continue its focus on improving reintegration of returning migrants,” said a WB report, titled Migrating to Opportunity, released on Monday. It cited the Philippines as good example of migration systems with “clearly

defined institutional responsibilities”. The report said several migrant-focused agencies are housed mostly within the Department of Labor and Employment (DOLE). Their roles and responsibilities are well defined, with the Philippine Overseas Employment Agency responsible mainly for managing migration and the Overseas Workers

Welfare Administration responsible mainly for protecting migrants. To build on this status, the WB said the Philippines should continue to evaluate and improve its migration management system, including oversight of recruitment agencies, programs for returned migrants, and data sharing and interoperability. support/PAGE 9

THE country’s total trade surged significantly in August 2017 on the back of sustained growth in exports and imports, the Philippine Statistics Authority (PSA) said Tuesday. PSA, an attached agency of the National Economic and Development Authority (NEDA), said total trade grew by 10 percent during the month, a significant

jump from June’s 1.5 percent and July’s 2.5-percent growth. Exports recorded its ninth consecutive month of positive growth at 9.3 percent, but imports outpaced its growth surging by 10.5 percent. This resulted to a deficit in the country’s balance of trade in goods amounting to $2.41 billion in August 2017. surges/PAGE 11

WB: PH can serve as model for PH trade surges migrant workers’ support system 10% in August

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Panasonic Scholarship promotes quality education. The six new Panasonic scholars are (front row, from left to right) Mr. Lucas Niegel Cabading of the University of the Philippines Diliman (UPD); Miss Kathrina Villedo (UPD); Miss Gerdan Marie Louise Salas (UPD); Miss Gelyn Cruz of Pamantasan ng Cabuyao (PnC); Miss Bea Marie Manalastas (PnC); and Mr. Jovern Simangan of the University of Rizal System (URS) and with the presenters (back row, from left to right) UPD College of Engineering Associate Dean for Student Affairs Rhandley Cajote; Panasonic Manufacturing Philippines Corporation (PMPC) Assistant Director Robert Pacheco; PMPC Executive Director Masaru Toyota; UPD College of Engineering Associate Dean for Institutional Linkages Eric Augustus Tingatinga; Panasonic Precision Devices Philippines Corporation (PPRDPH) Assistant Director Mary Ann Diaz; PMPC President Shinichi Hayashi; PnC President Isabel Inlayo; URS President Marita Canapi; PPRDPH President Koji Ipposhi; and PMPC Assistant Director Marlon Molano.

Panasonic Scholarship promotes quality education for nation building

anasonic continues to promote quality education for nationbuilding as it awarded the 2017 Panasonic Asian Scholarship grants to six deserving university students at a ceremony held on September 27, 2017 at the University of the Philippines (UP) – Diliman, Quezon City. The awarding of scholarship was led by Panasonic Manufacturing Philippines Corporation (PMPC) President Shinichi Hayashi, Panasonic Precision Devices Philippines Corporation (PPRDPH)

President Koji Ipposhi, University of Rizal System (URS) President Marita Canapi, Pamantasan ng Cabuyao (PnC) President Isabel Inlayo, PMPC Executive Director Masaru Toyota, UP College of Engineering Associate Dean for Student Affairs Rhandley Cajote, UP College of Engineering Associate Dean for Institutional Linkages Eric Augustus Tingatinga, PMPC Assistant Director Marlon Molano, PMPC Assistant Director Robert Pacheco, and PPRDPH Assistant Director Mary Ann Diaz. The six new Panasonic

scholars are Lucas Niegel Cabading, Gelyn Cruz, Bea Marie Manalastas, Gerdan Marie Louise Salas, Jovern Simangan, and Kathrina Villedo. They were chosen after passing series of interviews and assessment of their over-all performance as students. Mr. Cabading is 20 years old and currently taking up BS Electronics and Communications Engineering at the University of the Philippines-Diliman. Miss Cruz, on the other hand is 19 years old and currently taking up BS Accountancy at the

Belmont Hotel Manila wins award Belmont Hotel Manila was recently awarded Best Leading Hotel and Resort in Metro Manila by the Golden Globe Business Excellence Awards. The hotel which is situated in the Resorts World Manila complex and is a five minute walk from the Ninoy Aquino International Airport Terminal 3, via Runway Manila. Belmont Hotel Manila said that they are honored to receive the award. "We thank everyone who had been with us in this journey

and we will take this another milestone to continue doing our best in providing everyone beyond expectation products and services," said Mr. Lorenzo Tang, General Manager Belmont Hotel Manila. The four star hotel has 480 rooms, a cafe, a pool and function rooms to cater to meetings, incentives, conference, and events. For more information, please visit www. belmonthotelmanila.com or their Facebook page, www.facebook.com/ BelmontHotelsAndResorts.

Pamantasan ng Cabuyao. Miss Manalastas is 19 years old and taking up BS Accountancy at the Pamantasan ng Cabuyao. Miss Salas is 20 years currently taking up BS Electronics and Communications Engineering at the University of the Philippines-Diliman. Mr. Simangan is 18 years old and taking up BS Accountancy at the University of Rizal System – Binangonan. Miss Villedo is 20 years old and taking up BS Civil Engineering at the University of the Philippines-Diliman.

The scholars are expected to make use of their scholarship not only for their personal gain, but also in becoming good leaders in their chosen fields and contribute to the society in the future. During the ceremony, Mr. Hayashi challenged the new scholars by reminding them that Panasonic is not just simply giving them financial support, but for the country’s continuing development as well. “By way of your intellectual ability, your personality and your humanity, we believe that you are truly the deserving individuals, who can

help us in realizing our commitment to contribute in improving the lives of people, and to the further progress of society along with our corporate slogan in pursuing the concept of “A Better Life, A Better World”. In other words, aim to become good leaders in your chosen fields, and contribute to the society in the future,” Mr. Hayashi said. Each of the guest speakers took turn in commending Panasonic as they inspire the scholars. “While it is true that tuition fees are now free in state universities, panasonic/PAGE 11

Belmont Hotel Manila with its General Manager Lorenzo Tang (5th from left) received the Best Hotel and Resort in Metro Manila from Dir. Ramon Juanito Paras, Chairman Research Committee, Golden Globe Awards (most left) together with Belmont Hotel Manila Management officers Jeffrey Nunez, Security Manager (2nd left), Thomas Hallare, Assistant Front Office Manager, (3rd left), Monica Layug, Investor Relations Officer (4th left), Nanette Pangatungan, Area Director of Housekeeping (4th from right), Djoanne Buluran, Area Revenue Manager (3rd from right), Jowie Guillar, Food & Beverage Manager (2nd right), Bernard Bulaong, Director of Food and Beverage (most right).

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7 Literacy mapping among teenagers in Barangay Butadon, Kapatagan By AMERPHIL B. RECTO Lala National High School

XU International Studies students hold reading outreach in Alubijid Story by MARK FRANCISCO Photos Supplied

AGAYAN DE ORO CITY – The Ateneo Diplomatic Corps through its Reading on Wheels program held its first ever reading session outside the comforts of Divisoria where Xavier University is situated. For the past thee years, Reading on Wheels focused its mission to the street kids of Magsaysay Park which is just across the university. But the AY 20172018 officers of Ateneo Diplomatic Corps felt that to make a difference, they would go to the communities themselves to touch base with underprivileged children. Thus, they decided to team up with American Spaces Philippines, which scouted an underprivileged community for them – a fishing village in Alubijid, Misamis Oriental called Loguilo. (American

Spaces Philippines mans American Corner – Xavier University.) “Although the children there are enrolled in school, we felt that the values inculcated in our reading session can make a difference somehow – that they will embrace the importance of staying in school,” said Shairie Kate Suganob, social outreach head of the Ateneo Diplomatic Corps. In Loguilo, the International Studies students from Xavier University met the children – most of them sons and daughters of fisherfolk – and read to them a story about peace, which is one of the advocacies of American Spaces Philippines, the US Embassy’s goodwill arm. (It was the group which provided the reading materials to Ateneo Diplomatic Corps.) The 300 children in attendance were also given gifts of school supplies culled from Xavier

University’s Shoebox Project. They were then treated with arroz caldo and juice. Reading on Wheels started as a grant from a German academic institution in 2015. The €2,500 grant that they garnered was initially used to spend for the bi-weekly snacks of the children outside the Xavier University campus that they used to read on to…and to build a cart containing the reading books (thus the name Reading on Wheels). Today the cart is gone. Suganob said it will be replaced with a jeepney

pretty soon. Another likeminded benefactor will be donating the jeepney to Ateneo Diplomatic Corps to be stacked with books and journeyed to remote places in Northern Mindanao, bringing with it the mission of Reading on Wheels. Suganob and the International Studies students of Xavier University are happy. What started as a project grant will soon be spreading cheers all over. It is their collective wish that one day, their kidbeneficiaries will turn into one of them, responsible young adults in society.

7 Oro schools join National Letter Writing Day Story by MARK FRANCISCO, Photo Supplied

CAGAYAN DE ORO CITY – More than a hundred junior high students from seven public and private schools in Cagayan de Oro City participated in the 5th National Letter Writing Day last Monday at SM City Cagayan de Oro. They joined hundreds others nationwide during the simultaneous activity which was also held in SM North Edsa, SM City Cabanatuan, SM City Tarlac, SM City San Pablo, SM Seaside, SM City Iloilo and SM City Davao. The event encourages young people to speak their minds, using their imagination and views on the world to envision a positive change through letter writing. The activity will also be a perfect venue for students to sharpen their skills in composition

and find the perfect participant to represent the country in the international letter writing competition in Switzerland. This year’s theme for the 46th Universal Postal Union International Letter Writing Contest is “Imagine you are an advisor to the new UN Secretary-General which world issue would you help him tackle first and how would you advise him to solve it?” The topic was chosen to celebrate the election of the new UN SecretaryGeneral, António Guterres, who took his oath of office recently. He is a Portuguese politician and diplomat who is serving as the ninth Secretary-General of the United Nations. About 150 countries will commemorate World

Post Day (WPD) on October 9 with activities promoting letter writing as well as stamp collecting to students. Philippine Postal Corporation has come up

with an innovative idea to bring letter writing in shopping malls where students can converge and express their thoughts and ideas through the art of letter writing.

HERE in barangay Butado, Kapatagan, Lanao del Norte, we conducted literac y mapping among teenagers so they can be potentially enrolled in Lala National High S chool. Literac y mapping is a process that aims to gather data on the number of OSYs and adults in the community. Literac y involves going house to house and surveying youth and adults who have not completed 12 years of basic education as mandated by the Philippine Constitution. They must include PWDs and even older people. Literacy mapping will cause an opportunity to know your community and to gauge how many illiterate people are in your barangay. It is also an opportunity to

raise awareness of DepEd’s Alternative Learning System. This is a way to recruit learners. The survey must contain p ers onal infor mat ion, literacy assessments, history of skills and learning goals. This is needed to establish a regional repository of data and information needed for policy formulation and preparation of the R e g i on a l E du c at i on a l Development Plan. Precautionary measures should be strictly observed by the participants to avoid untoward incidents such as animal bites, encounter with bad elements and others. In 2014, DepEd has discovered that nine out of ten illiterate barangays in the country are found in Mindanao.

Popuation Increase of Open High School Program in Lala National High School By LORNA A. CAGAMPANG Lala National High School

THE population of the Open High School Program in Lala National High School has indeed increas ed. The Bureau of Secondary Education has designed the Open High School Program as an alternative mode of secondary education, offering an opportunity to those who desire to complete the high school curriculum outside of the formal school structure. It caters to learners who are unable to attend the regular class program due to physical impairment, work, financial difficulties, distance of home to school and other justifiable and legitimate reasons. Since distance learning is its main feature, the program requires that the learner is

capable of managing his/ her learning. The learner shall be evaluated by the subject teachers using the same scheme used for regular high school. Evaluation of learning in each subject can include written and oral tests and the assessment of required outputs. Promotion is based on the fulfilment of requirements and mastery of at least 75 percent of the competencies in each subject area. Acceleration by learning area and by year level shall be determined in highly meritorious cases upon fulfilment of the requirements and mastery of at least 90 percent of the competencies in the subject area.

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Cortes Mayor William Angos, a lawyer and an accountant, received the citation from President Rodrigo Duterte during the awarding rites in Malacanang on March 7 this year. The municipality of C or tes received P20 million prize which will be used to continue their marine conservation program. Angos, a true-blue marine conservationist who is a scuba diver and mountain trekker, admitted he confronted a big challenge when he became mayor in 2013 on how to deal with conserving their marine resources while most of the residents remain poor. “I was confronted with conservation as a social problem. Unless we address their hunger pangs, the fishersfolk would always be tempted to intrude into our marine sanctuaries,” Angos said. In the last four years, the local government has embarked on a nononsense awareness drive to residents on fishery laws and regulations while engaging the fisherfolks to tightly guard their municipal waters against all forms of illegal fishing activities . Angos, who disclosed it was just accidental when he entered local politics in 2013 while spending a vacation in his hometown for a diving spree, said the first two years of strictly enforcing fishery laws was crucial since it was met with cold reception from fisherfolk and resistance from illegal fishers. The campaign became successful with the help of Vincent Dueñas, a fellow of an NGO called RARE Philippines who later became Municipal Coastal Resource Management Officer, when he spearheaded a communitybased campaign through peoples organizations in the sustainable management and enforcement of MPAs in the 12 villages of Cortes. The campaign involved fisherfolk, couples, students and even out-of-school youth to become integral part in activities to improve biodiversity in the coastal areas of their respective communities by reducing at least 95 percent of the intrusion of spearfishing and fine-meshed net with scaring devices within the no-take zone. Dueñas said this can be achieved if residents have a sense ownership of the MPAs and are involved in the governance and enforcement. Angos said they are bent on institutionalizing the campaign with an increase awareness especially to their fisherfolk to become their credo in their daily routines while fishing the seas that is facing the Pacific Ocean. Ac c ord i ng t o B FA R study, the coastal areas of Cortes support abundant and diverse ecosystems of coral reefs, sea grass beds, mangrove forests and soft bottom environment that are habitats of a wide variety

of fishes and invertebrates. The coral reefs of Cortes are most likely among the largest in Lanuza Bay with an estimated area of 2,780 hectares. Its seagrass beds and algal flats are estimated at 1,500 hectares while total area of mangrove forest was recorded at 330 hectares. Cortes, though relatively a small municipality, is the major supplier of fresh s eafo o d and f irst class fish in the Surigao del Sur including bangkawan (mottled spinefoot), kitong (Goldspot Spitefoot), langub/ talakitok (Trevally/Jack), gangis (Horned Surgeonfish) and t ang i g u e ( Sp an ish Mackerel). Using the multi-sectoral st a keholders appro ach, the town council has crafted several significant local fishery policies and regulations including the 100 percent registration of all local fishermen with ID system, registration of yellowcoded boats and gears and the establishment of Coastal Resource Management Office complete with qualified staff and officers. A l r e a d y, e d u c a t i o n and awareness on marine conservation inculcated to residents in all walks of life were best displayed during the recent week-long Kalogatan Festival 2017 when a pageant dubbed Ultimate Fisherman Champion (UFC) represented by each village includes a question and answer portion where contestants were asked about their knowledge on marine biodiversity and fishery laws. T h e s am e appro a c h was applied in a separate color coding quiz show at the municipal gym where selected residents were given multiple choices on red, blue and white lines for the right answer of the questions. A special award was also given to the best village and peoples organization for the outstanding implementation of MPAs in their respective areas which went to Barangay Burgos and Kadagatan Ampingan Pagmata Katawhan (KAAMPAKA). Angos said they are now shifting to human development concept as key to sustainable marine conservation for this year’s entr y to national MMK competition. The concept dwelt on developing a sustainable coconut farming and ecotourism industry so that residents could also engage in other progressive livelihood activities. Dueñas, who is the main consultant of the mayor, said coconut farmers will be introduced with the ideal organic farming system using mykovam soilbased biological fertilizer developed by University of the Philippines –Los Baños. Angos said he will develop different eco-tourism livelihood programs to showcase the Laswitan Lagoon which already attracted local and foreign alike during the Amihan season (Northeast monsoon that occurs between November to Februar y)

because of the waterfalllike effect when big surf of waves from Pacific Ocean lambasts the rock formation. He is also working on a municipal fish landing port project in the village of Tigao where he projected a 300 to 500 percent increase in local revenue collections. “I am already worried of the resources of our seas that the time would come on the vicious cycle of overfishing,” Angos said to explain about the need to take on their holistic livelihood approaches to address the basic needs of the residents. He wanted to quit politics when his term ends in 2019 so he could focus more on financial needs of his family now that he had two children entering college by that time. “ I don’t have messianic tendencies,” saying he don’t want to stay longer as their town’s leader to be regarded as the residents’ savior from heaven.

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Me anw h i l e, t h e W B report also underscored the need to relax migration procedures across ASEAN region, as migration is expected to increase with t h e re g i on a l e c on om i c integration. The ASEAN Economic C ommunity, which was launched in 2015, aims to promote the free mobility of professionals and skilled workers within the region. The report said barriers such as costly and lengthy re c r u it m e nt pro c e s s e s , restrictive quotas on the number of foreign workers EXTRA-JUDICIAL PARTITION WITH DEED OF ABSOLUTE SALE Notice is hereby given that the intestate estate of the late JULIA B. GOMEZ, that the said deceased left no debts and no will or testament, but left a property; A PARCEL OF LAND, known as Lot No. 3748-P located in Tawantawan, Initao, Misamis Oriental; containing an area of SIX THOUSAND TWO HUNDRED (6,200) square meters, more or less, and covered by Tax Declaration No. 21-0010-05215 in the name of Julia B. Gomez; The late JULIA B. GOMEZ is the subject of EXTRA-JUDICIAL PARTITION WITH DEED OF ABSOLUTE SALE; is made and entered by and among; NIÑO B. GOMEZ, APOLLO B. GOMEZ, MARIA LOURDES G. SANCHO and SHEILOU G. SANCHO, all of legal ages, Filipino citizens, and residents of Tawantawan, Initao, Misamis Oriental, hereinafter referred to as the VENDORS, and ELVIS D. GALARROZA, also of legal age, Filipino citizen, marries to VIRGIE M. GALARROZA, and a resident of San Pedro, Initao, Misamis Oriental, hereinafter referred to as the VENDEE; That for and in consideration of the sum of Seventy-five Thousand Pesos (Php 75,000.00) to the vendors in hand paid by the vendee, receipt whereof is hereby acknowledged to the full satisfaction of the vendors, the vendors do hereby SELL, TRANSFER and CONVEY and by these presents, have SOLD. TRANSFERRED and CONVEYED unto the said vendee, his heirs and assigns, the above-described parcel of land; Under Notary Public of ATTY. IKE L. ROA; Doc. No. 176; Page 36; Book No. 13; Series of 2017. BWM: October 4, 11 & 18, 2017

a l l ow e d i n a c o u nt r y, a n d r i g i d e mp l oy m e nt policies constrain workers’ employment options and impact their welfare. “No matter where workers wish to migrate in ASEAN, they face mobility costs several times the annual average wage. Improvements in the migration process can ease these costs on prospective migrants, and help countries resp ond better to their labor market needs,”said WB Economist for the Social Protection and Jobs Global Practice Mauro Testaverde, the lead author of the report. The report noted the impact of labor mobility on the region’s economies can be significant, as migration could provide individuals from lower-income countries with the opportunity to increase their incomes. About US$62 billion in remittances were sent to ASEAN countries in 2015. Remittances account for 10 percent of gross domestic pro du c t ( G D P ) i n t h e Philippines, 7 percent in Vi e t n am , 5 p e rc e nt i n Myanmar, and 3 percent in Cambodia. Testaverde further said better policies can lower the barriers to labor mobility, noting some of these include improving the governance of the migration system, reforming domestic policies, and balancing protection and economic development in the migration process. (PNA)

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students need more than just tuition fees. They need sustainability in instruction, in doing research, projects, and other curricular activities... and we are very grateful that Panasonic has that mission of helping our young people pursue their dreams. So to this year’s scholars, you are expected to translate your scholarship privilege to greater contributions for national development... and eventually help others when you become successful in the future,” Dr. Canapi said. Dr. Inlayo also exhorted the scholars as she pointed out that achievers do not always like what they do, but they are winners because they do it anyway. “Life is unpredictable with hardships, challenges, and trials along the way... It is important that you remember your priority and to allow God to use both success and failure to reproduce Christ’s

divine character in you,” Dr. Inlayo added. In congratulating the scholars, Dr. Cajote encouraged them to rise above all the challenges that they will face along the way. “Our parents always tell us that education is the only legacy that they can leave behind. Education is something that we strive to attain for ourselves and for our family,” Dr. Cajote said. Mr. Pacheco, for his part, urged the scholars not to forget that in a sense they are all ambassadors not only of Panasonic and their respective universities, but also of their communities, thus they must carry out seriously their responsibilities as scholars and “help make our world a better place”. Panasonic Corporation (Japan) funds the Panasonic Asian Scholarship Program for its localized schemes in the region. In the Philippines, the program is administered by PMPC and supported by PPRDPH.

REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT 10th Judicial Region BRANCH 24 Cagayan de Oro City IN THE MATTER OF THE CORRECTION SPEC. OF ENTRIES IN THE CERTIFICATE OF LIVE BIRTH OF LUCKY SALINAY ANOR,

PROC. CASE NO. SP-ORD-2017-176

LUCKY SALINAY ANOR Petitioner, -VersusTHE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, Respondent. ORDER This is an Amended Petition for Correction of Entry in the Certificate of Live Birth of Lucky Salinay Anor, alleging, among others, that petitioner was born in Cagayan de Oro City, on September 08,1997, from parent-spouses Ruel I. Anor and Elenita S. Salinay; that there errors in the entries of her Certificate of Live Birth, to wit: b. First name of Father c. Age of Father d. Date and Place of Marriage of Parents

: Alfredo : 23 : MAY 12, 1997 Camaman-an, Cagayan de Oro City

instead of the following which are true and correct entries:

a. b. c.

First Name of the Father Age of Father Date and Place of Marriage

: Ruel : 19 : No Entry Of Parents

Thus, this petition. This Amended Petition will be called for initial hearing on October 25, 2017, at 8:30 o’clock in the morning, during which the jurisdictional requirements of publication, posting and notice to all persons who have interests which would be affected by this petition, will be proved. At the expense of the Petitioner, let this Order be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the City of Cagayan de Oro, and in the province Of Misamis Oriental. Further, let this order, together with copies of the petition and its annexes; be posted before the initial hearing at the Bulletin Boards of this Court, City Hall of Cagayan de Oro City, Province Capitol of Misamis Oriental, and the Barangay Hall of the barangay where the Petitioner is residing. Any interested person may, within fifteen (15) days from notice hereof, file an Opposition to the Amended Petition. Let a copy each of this Order be furnished to the Petitioner, Atty. Francisco T. Del Castillo, Office of the Solicitor General, and the Local Civil Registrar of Cagayan de Oro City. SO ORDERED. ISSUED this 4th day of August, 2017, at Cagayan de Oro City, Philippines. (SGD.) HENRY B. DAMASING Presiding Judge BWM: Sept. 27, Oct. 4 & 11, 2017

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Republic of the Philippines REGIONAL TRIAL COURT 10TH Judicial Region Branch 16, Tangub City

OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF

NOTICE OF EXTRA-JUDICIAL SALE EJF – 2017 – 003

NOTICE OF EXTRA-JUDICIAL SALE EJF – 2017 – 005

Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by Rural Bank of Tangub City Inc. Tangub City against Mrs. Caridad Peñaflor to satisfy the mortgage indebtedness which as of August 10, 2017 amounts to One Hundred Three Thousand Four Hundred Thirty Two Pesos and 82/100 only (Php 103,432.82) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on October 18, 2017 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage property to wit:

Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by Rural Bank of Tangub City Inc. Tangub City against Sps. Letecia and Antonio Tano to satisfy the mortgage indebtedness which as of August 10, 2017 amounts to One Hundred Nine Thousand Four Hundred Nine Pesos and 05/100 only (Php 109,409.05) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on October 18, 2017 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage property to wit:

TRANSFER CERTIFICATE OF TITLE No. T-3937

TAX DECLARATION No. 29097

“A parcel of land (Lot No. 2718 of the Cadastral Survey of Tangub), with theimprovements thereon, situated in the barrio of Bolinsong, Municipality of Bonifacio. Bounded on the N. by lot Nos. 2728 and 2729; on the SE. by Lot 2711; and on the NW., by Lot Nos. 2714 and 2717. Containing an area of Fifty Five Thousand and Seventy Three (55,073) Square meters or 5.5073 has more or less. Assessed at P18,990.00 as per Tax Declaration No. 5576.”

“A parcel of land and all improvements thereon; situated in the barrio of, City of Tangub, Province of Misamis Occidental. Bounded on the North by 060; on the East by 02,026; on the South by 026, and on the West by 060 and barangay road. Containing an area of Two Thousand Three Hundred Seventy Eight (2,378 sq.m.) more or less. Assessed at P19,020.00 per Tax Declaration No. 49008.”

All sealed bids must be submitted to the undersigned on the above stated time, date and place of auction sale. In the event that public auction should not take place on said date or there is only one bidder, it shall be held on October 20, 2017 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be. August 22, 2017, at Tangub City, Philippines.

FOR THE EX-OFFICIO SHERIFF:

BY:

FOR THE EX-OFFICIO SHERIFF:

BY: (Sgd.) WILLIAM C. ARANIEGO Sheriff IV

BWM: Sept. 27, Oct. 4 & 11, 2017

(Sgd.) WILLIAM C. ARANIEGO Sheriff IV

BWM: Sept. 27, Oct. 4 & 11, 2017

Republic of the Philippines REGIONAL TRIAL COURT 10TH Judicial Region Branch 16, Tangub City

OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF

NOTICE OF EXTRA-JUDICIAL SALE EJF – 2017 – 004

NOTICE OF EXTRA-JUDICIAL SALE EJF – 2017 – 008

Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by Rural Bank of Tangub City Inc. Tangub City against Sps. Tito B. Decina and Eulalia C. Decina to satisfy the mortgage indebtedness which as of August 10, 2017 amounts to Six Hundred Ninety Seven Thousand One Hundred Eleven Pesos and 11/100 only (Php 697,111.11) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on October 18, 2017 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage property to wit:

Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by Rural Bank of Tangub City Inc. Tangub City against Ms. Leonida B. Tantan to satisfy the mortgage indebtedness which as of August 10, 2017 amounts to One Hundred Thirty Six Thousand Four Hundred Sixty Two Pesos and 23/100 only (Php 136,462.23) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on October 18, 2017 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage property to wit:

TAX DECLARATION No. 110286 “A parcel of land (Lot No. 733-Part) and all improvements thereon; situated at Barangay Sta. Cruz, City of Tangub, Province of Misamis Occidental. Bounded on the North by 023, on the South by 023, on the East by 023, and on the West by 023. Containing an area of Two Thousand Four Hundred Fifty (2,450) square meter more or less. Assessed at P70,560.00 per Tax Declaration No. 110286).” All sealed bids must be submitted to the undersigned on the above stated time, date and place of auction sale. In the event that public auction should not take place on said date or there is only one bidder, it shall be held on October 20, 2017 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be. August 22, 2017, at Tangub City, Philippines. FOR THE EX-OFFICIO SHERIFF: BY:

(Sgd.) WILLIAM C. ARANIEGO Sheriff IV

BWM: Sept. 27, Oct. 4 & 11, 2017

ORIGINAL CERTIFICATE OF TITLE No. P-25224 “A parcel of land Lot No. 1861-D Csd-10-000352 and all improvements t h e r e o n ; situated in the barrio of Silangit, City of Tangub, Province of Misamis Occidental, Island of Mindanao. Bounded on the NW., along line 1-2 by Lot 1861-C, Csd-10-000352; on the NE., along line 2-3 by creek; on the SE., along line 3-4 by Lot 1861-E Csd-10-000352; and on the SW., along line 4-5-1 by Lot 1862, Cad 271. Containing an area of FORTY FIVE THOUSAND and TWO (45,002) Square meter or 4.5002 hectares more or less. Assessed at 19,300 per Tax Declaration No. 43152.” All sealed bids must be submitted to the undersigned on the above stated time, date and place of auction sale. In the event that public auction should not take place on said date or there is only one bidder, it shall be held on October 20, 2017 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be. August 22, 2017, at Tangub City, Philippines. FOR THE EX-OFFICIO SHERIFF: BY: BWM: Sept. 27, Oct. 4 & 11, 2017

(Sgd.) WILLIAM C. ARANIEGO Sheriff IV

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wednesday|october 11, 2017

Terminate... from page 1

and Between the COWD and Rio Verde Water Consortium, Inc. (RVWCI)” was earlier discussed by the two parties in letters dated January 4, 2017 and April 5, 2017, discussing the terms of the Compromise. Rationale for BWSA termination To enable COWD to purchase bulk water from other sources and supply the needed volume of potable water to the inhabitants of Cagayan de Oro City and its environs; and for Rio Verde to maximize the capacity of its water production facilities, both parties have agreed to bring their Disputes to a close by mutually terminating the BWSA, dated December 23, 2004 and the Supplemental Agreement, dated January 21, 2005 effective upon the promulgation of the courts of its judgement based on the Compromise Agreement. Rio Verde constructed a P1.-Billion Water Treatment Plant in Bgy. Pualas, Baungon, Bukidnon starting in 2004 and started delivery of 40,000 cu.m. of bulk water to the COWD in 01 January 2007. Although the Bulk Water Supply Agreement signed by both parties provided for the escalation of both the volume and prices of the bulk water delivered to the COWD, these never happened and led to a series of suits and counter suits by both parties which are generally perceived to have resulted in the deterioration of water service in the COWD’s West Service Area. Compromise Agreement Thus, in order to set aside the differences and allow the delivery of bulk water badly needed by the COWD to address increased demand in the West Service Area, the two parties have agreed to terminate the original BWSA and instead sign a Compromise Agreement which would allow them to continue doing business and thus, help improve water supply service in the COWD West Service Area. Among the terms of the latest version of the Compromise Agreement are the following: both parties agree to drop all disputes against each other and terminate the proceedings involving them, as well as mutually pre-terminate the BWSA, dated December 23, 2004 and the Supplemental Agreement, dated January 21, 2005, from which the Disputes arose, which shall be deemed cancelled, revoked, and lega l ly ter minate d upon the signing of the Compromise Agreement. Upon the execution of the Compromise Agreement, both Parties shall sign and execute a Joint Motion to Dismiss the pending Disputes with Prejudice to be filed with Branch 38 of the Regional Trial Court of Cagayan de Oro City and the Supreme Court for the immediate termination and dismissal of the Disputes with prejudice. If for any reason, additional documents or

acts need to be executed or performed in order to implement the terms and intention of this Agreement, the Parties hereby agree to execute such documents and perform such acts in the soonest possible time. The Parties agree that should any portion of this Agreement be found to be illegal or unenforceable, that provision may be severed from this Agreement and the remaining provisions shall be given full force and effect. The Disputes Rio Verde completed the construction of its treatment plant on December 2006 and commenced supplying 40,000 cubic meters (cu.m.) of potable bulk water into the water system of COWD on January 1, 2007, which was confirmed by COWD with a System Completion Certificate on July 17, 2007. Starting March 1, 2007, Rio Verde formally served COWD a Notice of Increase in water price rates, as provided under the terms of the BWSA, raising the price of treated water from P10.45 per cubic meter to P11.55 per cubic meter, invoking extraordinary increase in power rates and extraordinary inflation. However, this as well as subsequent notices for a further adjustment dated 15 March 2011 to P13.461 per cubic meter as provided in the BWSA were not recognized by COWD, citing certain disparities in the model agreement and the signed BSA on 03 August 2007. Thus, on 25 November 2011, Rio Verde filed a Petition to Compel Arbitration against COWD before the Regional Trial Court of Cagayan de Oro City, which was granted by the RTC Branch 38 on 03 March 2012, in Special Proceedings Case No. 2011- 190, which further mandated COWD to submit to arbitration pursuant to the arbitration clause in the BWSA. “Pr i or to t h is d ate, sometime in 2009, the BWSA had been a subject of an investigation by the COA fraud investigation unit,” Beja noted. “Thus, COWD had been constrained to proceed with the implementation of the further terms of the BWSA.” Although COWD filed a Motion for Reconsideration, this was denied on May 3, May 2012. On July 5, 2012, COWD filed a Petition for Certiorari with Prayer for TRO and/ or Writ of Preliminar y I nj u n c t i o n b e f o r e t h e Supreme Court, entitled: “Cagayan de Oro City Water District vs. Hon. Emmanuel P. Pasal, etc. and Rio Verde Water Consortium, Inc. (G.R. No. 202305), which remains pending as of press time. Then on 05 June 2014, COWD filed a complaint for Nullification of Contract against Rio Verde before the RTC of Cagayan de Oro City, Branch 38, docketed as Civil Case No. 2014-141. “This was upon receipt of the final report of the COA fraud investigation

unit sometime in 2013, which recommended among others, the nullification of the BWSA,” Beja noted. Rio Verde filed its Answer (With Special/Affirmative Defenses and Counterclaim) on 04 September 2014 and the case remains under mandatory court mediation. (To be continued)

Egg...

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Money...

Project...

could be the interconnection,” referring to the long-planned linkup of t h e Vi s ay a s a n d Mindanao power grids. Cusi has not been very specific though if the EO 30-supported VMIP would be the one undertaken by concessionaire National Grid Corporation of the Phi lippines (NGCP) or the government-proposed venture to be carried out by the National Transmission Corporation. NGCP already secured regu l ator y approva l on its proposed VMIP through the installation of submarine cable from Cebu to Zamboanga, which has been estimated to command total investment of R52 billion. Cusi is still ambivalent t h o u g h o f h av i n g t h i s project done as a purely private sector undertaking, noting that having this project bankrolled by the Malampaya fund remains an option. “Why we are proposing the Malampaya fund? It’s not a comp etition with NGCP or TransCo…because if we use the Malampaya fund, the consumers would no longer shou lder t he cost of putt ing up t hat interconnection,” he said. Cusi added “our main concern is that, our (electricity tariff ) is still the highest…that’s why we’re also making a study to find out why we have the highest rates.”

Offers... from page 2

Desk. Pag-IBIG Fund is now urging all concerned employers to comply with the mandatory registration and membership coverage of a l l t h e i r re sp e c t ive employees, who are earning at least P1,000 per month, regardless of status or nature of employment. The Pag-IBIG Fund Law states that “refusal or failure without lawful cause or with fraudulent intent to comply with the provisions of the said law and its Implementing Ru l e s and R e g u l at i ons shall constitute an offense punishable by a fine of not less than, but more than twice, the amount involved or imprisonment of not more than six years, or both such fine and imprisonment, in the discretion of the Court, apart from the civil liabilities and/ or obligations of the offender or delinquent, wit hout prejudice to the prosecution of related offenses under the Revised Penal Code and other laws.”(Pag-IBIG Fund/RTP/ PIA10)

from page 4

becoming a human being, not only to die for all our wrongs and forgive us, but then to come back to life to show us that He is God Himself Who wants to give us new life. So won’t you ask Him today to forgive you and take full charge of your new life? Just Think a Minute… from page 4

9,000 pesos per month. Would it be okay if we say that now is the best time to bring the intensity of the war against drugs to the war against corruption? Drugs and corruption are the two issues that President Duterte had emphasized in his public speeches and media interviews as his priorities. Mr. President, hell is empty and all the devils are now at the BOC. And for the devils, the BOC is heaven — a heaven that is a haven for crooks and criminals, all of them belong to the school of a corrupt system in government. (ruffy44_ ph2000@yahoo.com)

Safe... from page 4

- but without compulsion or constraint or obligation, desperate or being forced. Try it, and might feel like walking hand-in-hand on a lonely sand beach, such as “once upon a time” with our first partner. And, unexpectedly: we become

silent again AND thankful for it. We really seldom take a break. We spend too much time in this terrible and frightful loud world... +++ Email: doringklaus@gmail. com or follow me in Facebook, LinkedIn or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com .

Proof... from page 4

and in social media, many are depicted to be truly hapless and helpless if they are poor and marginalized, especially in the ongoing campaign against illegal drugs, especially shabu. Many are saddened by the great disparity in how suspects in drugs cases are treated--a different treatment is given when one is a poor and marginalized suspect, and another treatment when one is rich and powerful. As I see it, Malacanang can do two things here to fight the continuing decline in the popularity of the President. The first is an honest-to-goodness campaign against those who are implementing the fierce war on drugs, and against those who continue to engage in corruption in government, especially in the Bureau of Customs. The second is a more aggressive campaign among the spokespersons of the President to explain why he cannot be faulted

for the crimes and abuses happening now. -ooo WATCH “ANG TANGING DAAN” AT FACEBOOK: “Ang Tanging Daan” is a Bible exposition and prayer session for ever yone, 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.

Surges... from page 5

The PSA said export growth was mainly boosted by shipments to Association of Southeast Asian Nations (ASEAN) member countries and the European Union (EU). NEDA Officer-in-Charge (OIC) and Undersecretary R o l a n d o Tu n g p a l a n underscored the need of implementing trade-enhancing projects to boost productivity. He said the World Bankfinanced modernization plan for the Bureau of Customs (BOC) can boost the bureau’s efficiency, transparency and revenue collection through an updating of systems, procedures, and operational activities related to processing and clearance of imported and exported goods. TradeNet, which is targeted to be operational by December, will enable faster electronic cross-border exchange of documents among ASEAN member states, he added. (PNA)

Republic of the Philippines REGIONAL TRIAL COURT 10TH Judicial Region Branch 16, Tangub City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF – 2017 – 002 Upon extra-judicial petition for sale under Act 3135 as amended by Act 4118 filed by Rural Bank of Tangub City Inc. Tangub City against Sps. Esterlita Arnoza Arroylo and Eduardo Arroylo to satisfy the mortgage indebtedness which as of August 10, 2017 amounts to One Hundred Thirty Three Thousand Seven Hundred Pesos only (Php 133,700.00) excluding interest, attorneys fees, and other lawful fees for the service of foreclosure, the undersigned Sheriff will sell at public auction on October 18, 2017 at 10:00 o’clock in the morning or soon thereafter at the office of the Clerk of Court, Regional Trial Court, Br. 16, Tangub City, to the highest bidder in cash, Philippine Currency the herein mortgage property to wit: TAX DECLARATION No. 8304 “A parcel of land and all improvements thereon; situated in the Poblacion, Municipality of Bonifacio, Province of Misamis Occidental. Bounded on the North by 033, on the East by road, on the South by 031 and on the West by sec. 02. Containing an area of Two Hundred (200) square meter more or less. Assessed at P3,000.00 per Tax Declaration No. 8304.” TRANSFER CERTIFICATE OF TITLE No. T-14231 “A parcel of land Lot 2825 of the cadastral survey of Tangub and all improvements; situated in the barrio of Calolot, Municipality of Bonifacio, Province of Misamis Occidental. Bounded on the NE., by Lot No. 2824; on the E., by Lot 2826; on the SW., by Lot Nos. 2829 & 2830; and on the NW., by Lot 2822. Containing an area of Twelve Thousand Nine Hundred Seventy Six (12,976) Square meters or 1.2976 hectares more or less. Assessed at P11,390.00 per Tax Declaration No. 14479.” All sealed bids must be submitted to the undersigned on the above stated time, date and place of auction sale. In the event that public auction should not take place on said date or there is only one bidder, it shall be held on October 20, 2017 at the same time & place without further notice. Bidders are enjoined to investigate for themselves any encumbrance on the herein property if any there be. August 22, 2017, at Tangub City, Philippines.

FOR THE EX-OFFICIO SHERIFF:

BY: BWM: Sept. 27, Oct. 4 & 11, 2017

(Sgd.) WILLIAM C. ARANIEGO Sheriff IV

12 Students from different secondary schools in Cagayan de Oro participated in the 5th National Letter Writing Day held recently at SM City Cagayan de Oro.

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

wednesday|october 11, 2017

5th National Letter Writing Day held at SM

n celebration of World Post Day, the Philippine Postal Corporation (Phlpost) in partnership with SM Supermalls held the 5th National Letter Writing Day across selected SM malls nationwide last October 9. Venues of the simultaneous activity include SM North Edsa, SM City Cabanatuan, SM City Tarlac, SM City San Pablo, SM Seaside, SM City Iloilo, SM City Davao and SM City Cagayan de Oro. The event encouraged young people to speak their minds, using their imagination and views on the world to envision a positive change through letter writing. The activity was also a perfect venue for students to sharpen their skills in composition and find the perfect participant to represent the country in the international letter writing competition in Switzerland. This year’s theme for

the 46th Universal Postal Union International Letter Writing Contest is “Imagine you are an advisor to the new UN Secretary-General which world issue would you help him tackle first and how would you advise him to solve it?” The topic was chosen to celebrate the election of the new UN SecretaryGeneral, António Guterres, who took his oath of office recently. He is a Portuguese politician and diplomat who is serving as the ninth Secretary-General of the United Nations. About 150 countries commemorated World Post Day (WPD) with activities promoting letter writing as well as stamp collecting to students. Philippine Postal Corporation has come up with an innovative idea to bring letter writing in shopping malls where students can converge and express their thoughts and ideas through the art of letter writing.

12th Philippine Sudoku Super Challenge at SM SM Supermalls and the Mathematics Trainers Guild - Philippines will hold the 12th Philippine Sudoku Super Challenge on October 14 starting 2pm at selected SM malls nationwide. The 12th Philippine Sudoku Super Challenge will be held simultaneously across SM malls in Cagayan de Oro, Dasmarinas, Baguio, Cebu, Pampanga, Iloilo, Lucena, Baliwag, Bacolod, Lipa, Rosales, Tarlac, Davao, Naga, Olongapo, Cabanatuan and San Lazaro. The Skydome at SM City North Edsa will be the venue for the 12th PSSC national finals on January 27 next year and for the Family Math Quest national finals on December 9 this year. “We’ve been in this for 10 years and we’ve seen how important math is for children. This group (MTG) has nurtured champions. But the most

interesting thing is how the parents, teachers, and children bond together. This is, I think, a very, very good project and we’re happy that they asked us to be part of this,” Millie Dizon, SM senior vice president for marketing and communications said. More than P 250,000 in cash prizes await the winners in the PSSC national finals. Previous Filipino sudoku contest winners went on to win in international competitions including Sarah Jane Cua who emerged as champion in the 2008 and 2010 BRAND’S Sudoku Challenge Asia Pacific Open in Singapore. John Robert Valcos and Cua won as champion and first runner up, respectively, in the 3rd BRAND’S Sudoku Thailand International Open 2009 Princess Somsawali Cup in Bangkok.