BusinessWeek MINDANAO CREDIBLE
Volume VII, No. 057
Market Indicators
As of 6:30 pm october 12, 2016 (wednesday)
FOREX
PHISIX
US$1 = P48.473
7,312.18
X Briefly
X
10.8
117.64
cents
points
Oro Chamber officers ORO Chamber, the largest gathering of small and medium scale enterprises (SMEs) in the city with over 300 members, has recently elected its sectoral officers for 2017. Elected are the following: trustees Roberto Ansaldo and Arthur Quiblat for the agribusiness sector, Irene Floro for the business support organization sector, Pio Baconga for the services sector, Jessie Co for the trade sector; and Roberto Pizarro for the manufacturing and industry sector. MARK FRANCISCO
Tesda scholars A TOTAL of 35,000 vocational scholarships is up for grabs in Northern Mindanao, the Technical Education and Skills Development Authority (Tesda) said Wednesday. Visiting TESDA Director General Guiling A. Mamondiong said that he was impressed with the performance of TESDA regional office that the number of scholarships was awarded “on the spot.” Mamondiong was in the TESDA Northern Mindanao regional office here last Tuesday for the first time since he assumed the post last July, where he met head of TESDA’s provincial offices and 164 tech-voc schools in the region.
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Customs operations now going beyond the ports www.businessweekmindanao.com
Thu-Fri | October 13-14, 2016
By GERRY LEE GORIT Reporter
Palace forms task force for media protection
T
HE Bureau of Customs in Nor thern Mindanao is intensifying its antismuggling efforts as its operations now go beyond the ports. A l v i n Y. E n c i s o , Customs Intelligence and Investigation Services (CIIS) chief, said their focus is not only in the seizure of smuggled items inside the ports but also on going after business owners who store these goods in warehouses. Early this week, BOC and PDEA conducted a series of raids that led to the confiscation of hundreds of boxes containing cigarettes and other imported products. Customs estimated the value of the seized items at P10 million although it is expected they will find more contraband in the coming days as they continue to s e a rc h f or w a re h ou s e s containing smuggled goods. customs/PAGE 11
KAGWANG. A Philippine flying lemur (Cynocephalus volans) is spotted in Barangay Plaridel, Province of Dinagat Islands on September 19, 2016. Known in many places of Mindanao as “kagwang”, it is on top of the diet of the Philippine Eagle. MindaNews photo by Roel N. Catoto
Sulu entrepreneur pushes coffee in fight vs insurgency By ANTONIO L. COLINA IV, MindaNews
DAVAO C i t y – S o c i a l entrepreneur Princess Ku m a l a S . E l a rd o h a s found a peaceful means to combat insurgency in her home province of Sulu by
Price freeze MAMBAJAO, Camiguin -- In view of Proclamation No. 55 issued on September 4, 2016 declaring a state of national emergency on account of lawless violence, the Department of Trade and Industry (DTI) Camiguin Provincial Officer is imposing a 60-day Price Freeze on basic necessities and prime commodities. Pursuant to Section 6 of Republic Act No. 7581, The Price Act, as amended, prices of basic necessities are automatically frozen at their prevailing prices or place under automatic price control. In the province of Camiguin, as soon as the declaration was made, the consumer welfare division (CWD) visited business establishments, talked to the owners and managers, provided all copy of the memorandum on prize freeze and Proclamation No. 55 series of 2016.
IN-DEPTH
being an advocate for coffee development to empower the people and encourage them to give up arms. Speaking on the second coffee/PAGE 11
Inclusive solution to refilling of butane canisters with LPG sought By MIKE BAÑOS, Editor-at-Large
(First of 2 installments)
MANGROVE GROWING. Teachers of Pilgrim Christian College, together with volunteers from energy-firm STEAG State Power Inc. (SPI) and LGU Misamis Oriental participate in a coastal clean-up drive and mangrove growing activity to commemorate this year’s National Teachers Month and World Teachers Day. Presidential proclamation 242 declared the period 5 September to 5 October every year as National Teachers Month. More than 200 mangrove seedlings were planted during the activity within the three-hectare SPI-assisted mangrove development project in Brgy. Molugan, El Salvador City in Misamis Oriental. The activity aims to heighten teachers consciousness on the importance of their role in environmental protection and conservation.
PRESIDENT Rodrigo Duterte has signed an administrative order creating a presidential task force on violations of the right to life, liberty and security of members of the media. P r e s i d e n t i a l Communications Operations (PCO) Secretary Martin Andanar said President Duterte signed last Oct. 11 Administrative Order No. 01, entitled the Presidential Task Force on Violence against Media Workers. ” The reason why the P re s i d e nt w a nt e d t h i s administrative order is because he cares for the media and he believes in the freedom of the press,” Andanar said in a press briefing. He said the creation of the presidential task force was announced two weeks before President Duterte’s inauguration last June 30. He said the 1987 Constitution, particularly force/PAGE 11
THE Cagayan de Oro City Price Coordinating Council is seeking an inclusive, rather than exclusive solution, to the widespread refilling of empty butane canisters with Liquefied Petroleum Gas (LPG) for household use. “We should resolve this issue by directly addressing the motive why people are doing this,” said Mike Baños, president of Konsumanteng Kagay-anon, Inc. (KKI) which represents the consumers in the CPCC. “Isn’t this more
a question of affordability rather than law enforcement?” In s t e a d , K K I a s k e d the CPCC to request the Depar tment of S cience
and Technology Region 10 (DOST-10) office to extend technical assistance to local entrepreneurs who can butane/PAGE 11
Backyard refilling operation where empty butane canisters are refilled with LPG have been blamed for a number of fires.
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Economy 2 DTI conducts week School board expansion: two of Kapatid Mentor ME in NorMin Legal, best practice C Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776
thu-fri|october 13-14, 2016
AGAYAN de Oro City Mayor Oscar S. Moreno said he is sure of the legality of expanding the composition of the Local School Board amid pronouncements from the Commission on Audit (COA) that it is disallowed. “Wa lang siguro masabti sa COA and I welcome this as an opportunity to explain the legality of expanding the LSB,” Moreno said in his radio program at DXIM Radyo ng Bayan Wednesday morning. The context of expanding the membership of the LSB from eight to 21 is people’s participation and transparency in governance.
He credited the building of more than 447 classrooms in his first three years at City Hall to this expanded LSB which he said involved the community. While the Local Government Code prescribes the composition of the LSB, Moreno said, expanding it to function better is not prohibited by law. “Wala may prohibition sa pag expand sa composition sa LSB,” Moreno said, explaining further that it is elementary in law that what is not prohibited is allowed. “We can remember that the City Council was then ganging up on me. Who do
I turn to? The community,” he explained. The expanded school board has been patterned after Naga City which has been considered a best practice by Synergeia Foundation, a coalition working to improve the quality of basic education in the country. The Naga experience authored by the late Jesse Robredo, former mayor and secretary of the Dept. of Interior and Local Government distinguishes the expanded LSB from t h e t r a d it i on a l s c h o ol board for its being rights based; shared community responsibility and shared accountability. It places at
the core the protection and fulfillment of the rights of the child to survival, protection, development and participation. The Robredo model was also conferred the Galing Pook Award. Manualized by the Sy n e r g e i a Fou n d at i on , Robredo’s model of making the school board communitybased has been adopted by many LGUs nationwide, not just Cagayan de Oro. Moreno lashed at the local opposition for continuing to try stifling his efforts to put to good use the Special Education Fund (SEF) by building classrooms and expansion/PAGE 10
A TOTAL of 22 Micro, Small and Medium Enterprises (MSMEs) from Misamis Oriental attended the 2nd Week of Kapatid Mentor ME (Micro Entrepreneur) p ro g r a m f or n or t h e r n Mindanao on 6 October 2016 where discussions on product development and accounting for non-accountants were undertaken. Victor Madlangbayan, author of the program and speaker for the discussion on product development, encouraged the mentees to learn as much as they can from the discussions and mentoring. “Ang gusto ko kayo naman ang magiging mentors sa susunod na mga taon,” (What
I want is for you to be the mentors in the following years), he said. P r ov i n c i a l D i r e c t o r Ma. Eliza Pabillore of DTI – Misamis Oriental gave credit to the dedication of the mentors and the willingness of t he me nte e s i n t he successful implementation of the program in Northern Mindanao. “We really hit the ground running,” the provincial director said emphasizing how, despite it being a pop up event, the Kapatid Mentor ME program has been executed smoothly in the region. For the Misamis Oriental run, the program is expected to end on the last week of DTI/PAGE 11
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Secret to live longer - Tolentina D. Tumapon (right), 100, from Barangay Tagpangi, says that eating vegetables, doing good and being with the loved ones are her secret in living a longer life during the Elderly Filipino Week celebration on October 12 at Limketkai Atrium, Cagayan de Oro City. (RTP/PIA10)
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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friday|october 14, 2016
For the 4th straight year
Globe Telecom’s Ernest Cu retains spot asone of most powerful telecom executives worldwide
G
lobe Telecom President & CEO Ernest Cu retained his spot as one of the most powerful telecommunication executives in the world following his inclusion on the elite list of Global Telecoms Business Power 100 for 2016. Again, Cu is the only Filipino
executive to make it to the Power 100 and among the top 10 in Asia. Similar to the new selection process it adopted last year, inclusion in this year’s list of Power 100 was divided into a number of different categories such as operators in various parts of the world, over-the-top
Ernest Cu
and content providers, hardware companies, handsets and chips. Cu was listed in the
Top Ten Operators from Asia. Officially appointed as President & CEO of Globe in April 2009, Cu
has been passionately driving a sweeping transformation across the company, including
modernizing its network and IT infrastructure, creating a collaborative globe/PAGE 10
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Opinion
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thu-fri|october 13-14, 2016
Gordon asks the right question re: drugs in RP
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Passion Brings Prosperity Think a minute…There’s a best-selling book entitled, Do What You Love And The Money Will Follow. It explains that if you’re passionate and good at your job, then you will be happy and successful at your job. Passion is loving and believing something no matter how hard it is to get there. It’s like a powerful river that will make its way through no matter what. But first, you and I must choose work that we enjoy and are good at. And that’s not always easy. In fact, sometimes it takes a lot of courage to change jobs! Especially for those of us who were taught we should choose work that’s secure and pays well even if you hate it! After all, it’s only a job, right? The problem is you spend so much of your life at work, so if you hate your job you’re going to hate much of your life! Most successful people have had to face this same fear of changing jobs. They just did it anyway. So ask yourself: “Do I want to spend the rest of my life at a job I’m not that good at? Or a job I don’t enjoy?” If you don’t, do you have the courage to change jobs so you can start doing something you are good at and enjoy? Think…if you
THINK
A Minute
Jhan Tiafau Hurst improve your skill and go all the way in training for that new job or career, could you become successful? Of course, if you have a family to take care of and provide for, then you must be very careful and responsible before you make this kind of big change. You should probably start slowly and carefully by first trying your new work a little on the side or just part-time. Then if it goes well, you’ll have more experience and confidence to know you can support your family with this new kind of work. However, there’s one person who can help you know what you yourself are good at, and that’s the One Who made you. No one knows you better than your own Creator. He knows hurst/PAGE 10
LIFE’S INSPIRATIONS: “… This is what the Lord says…`See, I am doing a new thing! Now it springs up; do you not perceive it? I am making a way in the wilderness and streams in the wasteland’…” (Isaiah 43:14, 19, the Holy Bible). -ooo GORDON ASKS THE RIGHT QUESTION ABOUT DRUGS IN RP: Sen. Richard Gordon asked the right question during the hearing on the Duterte government’s war on illegal drugs: where are the drugs t h at are w anton ly s ol d in the Philippines truly coming from? That was the best question ever, in this government’s fight against drug. Indeed, where are the drugs coming from? To b e s u r e , i t i s important to know who have been trading illegal d r u g s i n t h e c o u n t r y, and who have been their patrons in government and in politics who make their dr ug pushing activities a handsomely profitable enterprise. To know who these people are would help a lot in neutralizing them, or stopping their nefarious activities. But, indeed, the more important thing to do if we are to truly stop the proliferation of drugs in the Philippines is to cut off the source of all these drugs. If the source is cut off from its lieutenants
here in the countr y, and the transshipment of dr ugs f rom t his s ource is altogether stopped, we can b e sure we wi l l no longer be having problems in illegal drugs in no time at all. -ooo TWO CONFLICTING INFO ON SOURCE OF DRUGS IN RP: At t his point though, there are two conf licting information on where the drugs that are being sold in the P h i l i p p i n e s h av e b e e n coming f rom. The f irst information, coming from President Duterte no less and from his own officials and police generals, indicates t hat C hina is the source of these drugs. T h e s e c o n d information, blurted out by the controversial convict Jaybee Sebastian in a hearing before our lawmakers just this week, pointed to North Korea as the source of the illegal drugs in the Philippines. S e b a s t i a n’s d i s c l o s u r e however was surprisingly not thoroughly pursued and amazingly dismissed right away, leaving many Filipinos wonder if lawmakers thought he was either not telling the truth, or North Korea was simply unacceptable to them as the source of illegal drugs in the countr y. The allegation against China on the other hand
appears amply supported by well-grounded police and militar y intelligence information in the Philippines, which even prompted top Philippine officials to ask Chinese embassy officials to explain. The Chinese have since denied the claims, of course. -ooo WHERE IS RP’S I N Q U I RY O N D RU G S LEADING TO? But then, this conflict of information on the source of the illegal drugs being traded in t he c ou nt r y pre s e nt s a serious and tricky problem f o r P r e s i d e nt D u t e r t e , especially in the light of his recent pronouncements that seek to open up the Philippines to more trade relations with Russia and China. If D ut e r t e pro c e e d s with his plan to visit China next week, and try to entice Chinese businessmen to invest in our country, are we to expect a change o f t u n e a s t o C h i n a’s alleged participation in the illegal drugs trade in the Philippines? A r e w e l o o k i n g at t h e abandonment of the intelligence reports linking China to the shabu problem here, and, instead, a redirection of the blame to North Korea, as the convict suggested? Indeed, can we expect Chinese officials and
K akampi
Mo A ng Batas
Atty. Batas Mauricio businessmen to agree to p u r s u e t r a d e r e l at i o n s with the Philippines while Duterte and his government are outrightly accusing their own compatriots of drug pushing and engaging in criminal activities in the Philippines? I think I can give an intelligent guess on what the outcome of all these would be, but it would be wiser to allow things to sort themselves out in a little while! -ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way): a Bible study and prayer session online could now be heard, 24 HOURS a day, in the Philippines and the world at www.facebook. com/angtangingdaan o r w w w. f a c e b o o k . c o m / ANDKNK (and look for “A n g Ta n g i n g D a a n” broadcasts). Phone: 0922 833 43 96, 0918 574 0193, 0 9 7 7 8 0 5 9 0 5 8 . Em ai l : batasmauricio@yahoo.com.
Keeping the integrity of education I re me mb e r t hat s ome years ago, Pope Emeritus B e ne d ic t XVI s ou nd e d off the alarm that the way education was being done in the West, it would seem that the essence of education was getting lost. In our case, when we talk about some problems in education, we refer more to lack of classrooms and the need to attune and synch our educational programs such that they solve our headaches in poverty and literacy. Than ks to G o d, our difficulty is mainly in that level which, I admit, is already big, urgent and really crying for immediate solutions and relief. Still, if compared to those of the West, our worries are mere chicken feed. Our predicament is more in the material dimension of life. That of the West is already undermining the more important spiritual dimension of life. Many times I have seen people, materially poor but full of faith in God, who cope better in life than those materially rich but with weak faith. We are, of course, a unity of body and spiritual soul. They cannot be separated in life. Only in death, and
in a temporary way, since Christian faith teaches us that both body and soul reunite at the end of time. Our education, for sure, has to take care of the needs of both our constitutive elements of body and soul, but always giving special attention to those of the soul. We may have to make the proper priorities in tackling these needs of our education, but it’s not right to put them in conflict with each other. Just the same, we should not be complacent with our apparent luck. We need to give serious attention to the root causes of the e du c at i on a l c r i s i s t hat the Pope Emeritus talked ab out, b ecaus e e ven in our countr y we can see traces and symptoms of these Western anomalies emerging and developing. T h e Po p e E m e r i t u s pointed a finger at two culprits responsible for the emergency situation in the educational system in the West. These are, first, the false notion of human autonomy that confines us to ourselves, and, second, the spreading mentalities of relativism and skepticism. These things may sound abstruse to many, but I’m afraid they now need to
VISIT
OUR
be understood by as many people as possible, since these factors affect all of us. We may have to explain a little about these disturbing phenomena so we can get a handle on the situation. The first cause mentioned by t he Pop e E me r itus , w h i ch is ab out a f a ls e idea on human autonomy, refers to the exaggerated understanding of our freedom and autonomy such that we think education is simply our development purely by and for ourselves. We m a k e o u r s e l v e s the be-all and end-all of everything. We think we are not meant for something greater than ourselves now. We make ourselves our own God. Everything else is just used for our selfdevelopment. This attitude is basically wrong since we by nature and as persons need to be in relation with others and ultimately with God. In short, we become more human and better persons the more we relate ourselves to God and the others. S a d t o s a y, t h e educational thrust in many places in the world today, including ours, appears to go in this direction of being selfish and of tending to self-absorption, detached
WEB
HINTS
and
Traces
Fr. Roy Cimagala from the immediate and ultimate sources of our life and our wisdom. This first cause of the education crisis, as the Pope Emeritus warned us, leads to the second which are the dangerous attitudes of relativism and skepticism. With faith ignored, divine revelation blocked and the understanding of human nature twisted, we now create our own world devoid of absolute truths. Everything is now held relative to whatever criteria we may want to consider as our truths and values. This will lead to skepticism and a host of kindred anomalies. In the end, what would rule will just be the law of pragmatism and eventually the law of the jungle, of brute force, etc. roycimagala@gmail.com.
P O R TA L
CorporateWorld Apex Mining says mine in ComVal secures ISO 14001 certification
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thu-fri|october 13-14, 2016
A
PEX Mining Co., Inc. said on Tuesday that its mine in Compostela Val le y has se cure d an International Organization for Standardization 14001 certification, in compliance w ith the Env ironment Department’s order. “The company is pleased to report that after two stages of audit by a certifying entity, its operating mine
in Maco, Compostela Valley has met the standards of compliance for the issuance of ISO 14001 Certification for Environmental Management Systems,” the listed miner told the stock exchange. To recall, the Department of Environment and Natural Resources (DENR) issued in April 2015 an administrative order mandating large-scale metal mining firms to secure the ISO 14001 certification
within a year. After the deadline lapsed, miners scrambled to request for an extension which thenEnvironment S ecretar y Ramon J. P. Paje approved. ISO 14001 certification is an international standard that acknowledges a mining contractor as employing the highest level of efficiency in ter ms of ext rac t ing m i n e r a l s w h i l e at t h e same time ensuring that
the environment is not compromised. Apex Mining is one of the 11 mining firms not identified for suspension, despite being ISO-certified only a few days after the two-month audit found nearly three-quarters of the country’s 41 metal mines as meriting suspension orders. The company’s certification is valid for three years, according to Apex Mining.
SM Supermalls AboitizPower sees wins ICSC Global oversupply in Mindanao Awards 2016 AB OITIZ Power C or p. has joined the chorus of generation companies that expect an oversupply of electricity in Mindanao starting this year and possibly extending into the next five years as new power plants come on-stream on the southern island. “ T h e ove r s upp l y i n Mindanao is actually serious, it’s huge. Mindanao has a peak requirement of about 1,300 or 1,400 megawatts (MW),” said Antonio R. Moraza, president and chief operating officer of AboitizPower, in a briefing on Thursday in Taguig City.
“Between us and everyone else, another 1,000 [MW] something is going to be delivered. So you’re going to double supply, almost.” Mr. Mor a z a e ch o e d previous estimates by officials of Alsons Consolidated Resources, Inc. and San Miguel Corp. (SMC), who separately projected excess capacity and comfortable power reserves. Alsons earlier this year started the commercial run of the first 105-MW section of its 210-MW Sarangani coal-fired power plant. SMC scheduled the operation of
the first unit of its Malita project in September. The Davao facility is a four-unit coal-fired power plant, each with a capacity of 150 MW. FDC Misamis Power Corp. announced last month that it had connected the second unit of its 405-MW coal-fired power plant to the Mindanao grid. The third and last 135MW unit was scheduled to follow shortly. AboitizPower’s Therma South Inc. started commercial operation in September 2015 of the first 150-MW unit of its 300-MW coal-fired power aboitiz/PAGE 10
SM Supermalls won four major awards during the recent International Council of Shopping Centers (ICSC) As i a Pa c i f i c S h oppi n g Center Awards ceremonies in Shangri-La at The Fort, Taguig City. It received a Gold Award for Marketing Excellence for its Download and Win Mobile App (Emerging Digital Technology category); and Silver Awards for Marketing Excellence for the SM Feb 30th Anniversary Sale (Sales Promotion/Traffic Activation category), and SM Partner’s awards/PAGE 10
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thu-fri|october 13-14, 2016
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Tax hike on cars to dampen sales, manufacturers say CAR manufacturers expect sales of automotive vehicles to dampen upon implementation of the proposed hike of excise tax on automobiles. MitsubishiMotorsPhilippines Corp. (MMPC) First Vice President Dante Santos told reporters that as additional taxes will be passed on to the buying public, the demand for automotive vehicles will be affected. “Upon implementation, it will come out, and everybody will have to recalibrate -- the inventory, ordering, even the banks will have to recalibrate everything. So all of this recalibration will create the natural slowing down of the speed of buying,” Santos said. “Any change in structure of pricing affects the demand. Even market acceptance will actually refocus. Acceptability of the pricing will have to be look into. It takes time to adjust,” he added. Isuzu Philippines Corp. (IPC) Senior Vice President Arthur Balmadrid recalled that when the excise tax on Asian utility vehicles (AUV) was introduced, its sales went down by 20 percent. “The [increase] in excise tax will have big impact but it will be temporary,” Balmadrid said in Filipino.
Despite the temporary impact on sales volume, he noted that the demand for automobiles will continue with the country’s economic growth. “Whether we like it or not, when we have economic expansion, the need for additional transportation is increasing,” he added. “For our part, we have to supply the demand of the market. As long as there is demand, it is our duty to supply. Because we always have to be in the premise, that you have to mobilize the masses in order to go for economic improvement,” MMPC’s Santos said. As included in its tax reform package, the Department of Finance eyes to increase excise tax of automobiles priced at P600,000 and above to 5.0 percent from the current rate of 2.0 percent while imposing tax rate of 20 percent for cars selling above PHP600,000 to PHP1.1 million, 40 percent for those selling over PHP1.1 million to PHP2.1 million, and 60 percent for cars with prices over PHP2.1 million. Buses, trucks, cargo vans, jeepneys, jeepney substitutes, single cab chassis, and special purpose vehicles are exempted from the proposed tax hike. (PNA)
Banking&Finance
appraisal for each bank. Ms. Orbeta added that a third group of rural banks has formally applied under the CPRB, but said that any final approval for all applications will likely be made by 2017 the earliest. The PDIC, the Bangko Sentral ng Pilipinas (BSP), and the state-owned Land Bank of the Philippines run the CPRB, which seeks to prod a group of at least five rural banks located in one area to merge by extending legal, technical, and financial aid as they form one entity that would be of good financial footing. Based on the guidelines released in December 2015, the consolidated banks must end up with a surviving entity with a risk-based capital adequacy ratio of at least 12% and a combined unimpaired capital
thu-fri|october 13-14, 2016
S&P Global Ratings eyes higher ‘16 growth for PHL SUSTAINED robust growth of the Philippine economy in the first half of 2016 made S&P Global Ratings consider a higher output for the country this year. In a report entitled “AsiaPacific Steadies While China Goes Silent,” the credit rater said the country is expected to remain among the strongest in the Association of Southeast Asian Nations (ASEAN). In its latest report, the debt watcher eyes a growth range of 6 to 6.9 percent for the Philippines this year. Its 2017 projection is a range between 5.6 percent and 6.7 percent while growth in 2018 is seen to stay between 5.7 percent and 6.7 percent. Last May, S&P Global R atings projected a six p ercent output for the country this year and 6.3 percent for 2017. “The Southeast Asian economies are seeing stable growth with the Philippines outperforming the region, given its growing middle class, a business process
outsourcing boom, and expansionary fiscal policy with emphasis on public infrastructure,” it said. In the first half of the year, the country registered a growth, as measured by gross domestic product (GDP), of 6.9 percent, one of the highest in the region during the period. In the second quarter alone, growth posted a seven percent expansion, the highest in the region. D omest ic exp ansion is continuously driven by remittances and the business process outsourcing (BPO) sector, among others. The government’s growth target this 2016 is a range between 6 and 7 percent. It has yet to announce the domestic economy’s output for the third quarter of the year. The S&P report said Asia Pacific economies were “relatively quiet” in the third quarter as “growth trends have been stable and financial markets have been fairly calm.”
Rural lenders’ consolidation pushed back PLANS to consolidate two groups of rural banks under a state-run program have been pushed back to next year amid delays in the valuation process. Philippine Deposit Insurance Corp. (PDIC) President Cristina Q. Orbeta said the planned merger among two groups of provincial lenders has been stalled given issues on financial advisors and valuations, which form part of the steps under the government’s Consolidation Program for Rural Banks (CPRB). “We were slightly delayed in identifying financial advisors over issues of advisor cost. It has been addressed, and we target completion due diligence by yearend,” Ms. Orbeta said in a chance interview. Due diligence entails clearing the legal requirements and completing the financial
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of at least P100 million. The banks may infuse fresh capital to meet the requirement or tap Landbank’s equity investment facility for a funding aid. In April, the PDIC was looking to arrive at a decision on the merger of the first two groups of rural lenders. Ms. Orbeta has refused to disclose where these banks are located. The CPRB runs from Aug. 25, 2015 to Aug. 25, 2017, and is seen as a move to cut down the number of problem banks ordered closed by financial regulators. The BSP has so far ordered the closure of 16 small banks this year, already higher than the 14 shuttered in 2015. As regulator of the local banking system, the central bank can close down banks found incapable of sustaining its operations.
There are currently 484 rural banks operating 2,042 branches as of end-June, according to BSP data. Formal proposals must be submitted by rural banks to the PDIC and the BSP. Funding help may come either by having portions of the costs incurred for financial advisory services, business process improvement services, or capacity building support in studying the consolidation scheme. The applications will be subject to further study by a financial adviser to be hired by the banks, with as much as 80% of the cost may be shouldered by the government. Earlier, BSP Deputy Governor Nestor A. Espenilla, Jr. said that “unrealistic” valuations of bank assets stand as the biggest issue in the consolidation process.
“Strong growth continued in the Philippines and Vietnam,” it added. Last September, the debt rater affirmed its ratings and outlook on the Philippines due to the robustness of the economy in recent years as well as the strong external payments position, backed
by rising foreign exchange re s e r v e s a n d l ow a n d declining foreign liabilities. To date, it has a ‘BBB’ rating with ‘Stable’ outlook on the country’s long-term rating, ‘A-2’ short-term sovereign rating and ‘axA/ axA-2’ ASEAN regional scale rating.
Drug Education as a compulsory subject for all school levels GRACE C. MOPOS TEACHER-1 LUNA ELEMENTARY SCHOOL
We are all aware in the news about the rising number of killings among drug suspects and extra-judicial killings happening during this Duterte administration. As the war against drugs continues, we noticed that it is not only the adults who were involved in this matter but also young people of this generation who were influenced due to different reasons. Mostly, youths are being seen using illegal drugs in the party clubs and slum areas, but as a concerned citizen especially as a teacher, how can this problem be avoided? In my opinion since the K-12 has been implemented, I think it is the right time to teach the youth especially the kids about drugs. Drug education should be taught not as a single topic but rather as a subject separated from other subjects and it should also be taught in all levels from kinder to high school in order to educate the young minds of the children as much as possible for the sake of better understanding about the causes and effects of drugs and its further medical background or history. This is also the solution for the youths today to avoid using illegal drugs if they were given a proper education about it
and to reduce or resolve the rising case of young people getting involved in drug addiction and misuse. In other countries like Australia, Drug Education is being taught to kids in school from kindergarten to senior high school. Topics that are taught under drug education such as: the right or prescribed medicines to use when there is sickness especially the kids and the proper handling of it under the adult supervision, the wrong or poisonous medicines in both synthetic and herbal, what-to-do in case of mishandling, what are the legal and illegal drugs, its causes and effects in both physical, social and psychological, how to avoid using illegal drugs and reasons why people choose to use or not to use drugs. Implementing drug education can be argumentative but the most important thing is that, it must be taught with moral values, sincerity and love from both school and home to help people especially the young ones to fully understand and decide between what is wrong and what is really right. Reference: http://www. schools.nsw.edu.au/learning/ yrk12focusareas/druged/ whatstudentsdo.php
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Seda Centrio Celebrates Oktoberfest Beer lovers all over the world rejoice every time October sets in because it means one whole month of beer festivals. These festivals are known as Oktoberfest celebrations. Oktoberfest originated in Munich, Bavaria, Germany, where an annual beer festival and traveling funfair takes place from middle or late September to early October. Considered an integral part of Bavarian culture, the festival is celebrated in different ways around the world. The central figure in all these celebrations is beer; large amounts of it, plus food and some music. In the Philippines, Oktoberfest is celebrated with music and food. Throughout October, various concerts featuring the country’s top bands are held in different venues around the country. Restaurants and hotels also come up with special events to commemorate these Oktoberfest celebrations. Some of these events feature popular German food like sausages. Here in Cagayan de Oro, Seda Centrio Hotel’s Misto is one of the establishments offering special treats for the Oktoberfest celebrations. Beer Time Oktoberfest actually started early at Seda as it introduced Beer Time at Misto last August. This is perfect for beer lovers who want to unwind after a challenging day at the office. From Monday to Friday, guests at Misto you can order all your favorite local beers at a
discounted price of Php80. For a more satisfying Beer Time experience, you can pair off your beer with any of the restaurant’s Snack Platters. If you want something sweet and spicy, go for the Sweet Beef Tapa with Spicy Coconut Dip. If you prefer to take your beer with something fried, try Misto’s Crispy Squid Heads. Other Snack Platter choices are Tokwa’t Baboy, Sisig Sipa, Sinuglaw, and one of their bestsellers, Cheeseboard. Prices for these platters are reasonable, ranging from Php180 to Php350. Other alcoholic drinks are available at 30% off per glass. Beer Time at Misto is from 5:30pm to 8:30pm. Oktoberfest at Misto Oktoberfest celebration at Seda Centrio is special this year. From October 15 to 22, you and your friends can celebrate world’s largest beer festival at Misto. For only Php699, savor all the mouthwatering grilled sausages that you can. Pair this with one free round of iced tea, or you can order your favorite beer or alcoholic beverage at a special discounted price. Oktoberfest at Misto is from 6pm to 10pm. Misto is located at the 4th floor of Seda Centrio Hotel. For more information and for your reservations, please contact 088-323 8888 or 0917-577 5910. You may also send an email to reservations. cdo@sedahotels.com. Cheers! Prost! See you at Seda Centrio!
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Billboard
Four – a convergence of culinary talents By MARK FRANCISCO, Lifestyle Editor
WHEN four chefs from Monster Kitchen decide to create their own resto, what do you get? If you expect that the dishes are as highpriced as they taste, you’re dead wrong. Four Café and Restaurant at the corner of Yacapin and Aguinaldo Streets in Cagayan de Oro City, which opened just last September 24, may look like your usual popup dining place. Wait till you’ll be served with the food that you order and you’ll be amazed not just gastronomically but visually and aromatically as well. Because Khoki YapSaavedra, Mon Cardenas, Camille Montesines and Rachel Baclay are all strict disciplinarians at Monster Kitchen, they make sure that what is plated on your table is smoked, sautéed, baked, concocted to perfection. And then you’d think this almost Michelin-kind of experience comes with a heavy price? Not at all.
Consider this – Four’s Breakfast Overload (P220), Bib Eye Steaks (P330), Balsamic Honey Pork Chop (P190), Oven-baked Salmon (P220). I could go on and on. “We – Camille, Mon, Rachel and I – all have the passion to create food. That’s why all of our creative juices are collectively poured here. We tremendously enjoy in what we do,” Khoki quips. There’s no exact regional cuisine in what they serve although a quick glance at the menu once again would give you a hint – spicy shrimp linguine, grilled chicken salad, Vigan longganisa, creamy chicken marsala, pesto fettucine. In short, it’s a melting of culinary cultures. “We just want to create a place for people to hang out, relax, chitchat and dine in good food,” Khoki says. The interiors alone can attest to that. The minimal black and white colors are designed so they can easily
change according to season. Valentines? Then drop in red. Halloween? Just a little bit of dimness would do the trick. So what are you waiting for? Drop by Four Café and Restaurant today. They’re open Mondays through Saturdays from 9a.m. till 9p.m. Of course, they do have a function room too good for 12 people at P2,000
consumable per head. Ain’t that swell? But wait there’s more. Four Café and Restaurant also offers customized wedding cakes and dessert buffets for outside catering. And then get ready for the opening of their sports bar, Café 51 this October 28 at the second level. It’s gonna be a blast of that I’m a hundred percent sure.
A perfectly balanced sweet-salty goodness you can’t resist! Red Ribbon introduces its cheesiest, creamiest ensaimadas yet
snacking with your family is definitely more enticing with the cheesy goodness of classic Red Ribbon ensaimadas. That is why it has been a favorite mainstay treat for the young and the young-at-heart. Now, Red Ribbon, one of the leading bakeshop chains in the Philippines, makes a good thing even so much better with the all-time favorite Red Ribbon Cheesy Ensaimada. The cheesy goodness of the ensaimadas has now leveled up to achieve the perfect balance of sweet and salty taste. This new and exciting flavor is
brought by the perfect combination of butter and sugar toppings covered with long and thick strands of creamy cheese. Aside from the new twist, Red Ribbon Cheesy Ensaimada also introduces two new flavors that will surely satisfy your every ensaimada craving. The Strawberry Cheesecake Ensaimada is topped with a rich layer of luscious strawberry and cream cheese for that perfect complement to the salty cheese toppings while the Red Ribbon Salted Caramel Ensaimada is generously smothered with salted
Salted Caramel
caramel topping and long strands of creamy cheese. These two new flavors are guaranteed to be the best snack time musthave in any lunch box. Red Ribbon Cheesy Ensaimadas are available for P25 only while the
Cheesy
Red Ribbon Strawberry Cheesecake Ensaimada and Red Ribbon Salted Caramel Ensaimada are priced at P35 each. “We always want to serve new flavorful treats for our customers,” said Ned Bandojo, Head
Strawberry Cheesecake
of Marketing of Red Ribbon. “These Cheesy Ensaimadas promise to deliver what our customers truly deserve, which is to have more reasons to make ordinary moments with family and friends so much sweeter.”
With Red Ribbon’s new and improved Cheesy Ensaimadas, snack time will be ever so memorable. Red Ribbon Ensaimadas are now available in all stores nationwide.
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Expansion... from page 2
engaging other stakeholders t o w o r k o f e d u c at i o n development. “They do not want City Hall to build more classrooms and make quality education accessible to the people of Cagayan de Oro,” the mayor said. Rather than try to stifle his education program, Moreno enjoined the COA and the local opposition to support him. As a result of community p a r t i c i p at i o n , Mo r e n o said over 447 classrooms were built using the SEF against zero in the previous administration; free training of day care teachers at the School of Education of Xavier University; cost of building classrooms cheaper than Department of Education (DepEd) estimates, among others. “I w i l l n e v e r a l l ow detractors becloud what we have done for public education in the city,” Moreno said, stressing that in his second term, he plans to build 800 more classrooms. He said City Hall the COA opinion it is no cause of alarm as this is not final and executory. COA region 10 director Celso Vocal said expanding the membership of the Local School Board and paying their honorarium may be
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thu-fri|october 13-14, 2016
disallowed. He was quoted saying “Nowhere in that provision or anywhere else in the law can we find authority of power of the local chief executive to create, expand or add new members to the LSB other than what is enumerated therein. When the law is inequivoval and clear, one should add or construe any other meaning or intention. One need only to apply it as it is, plain and simple.” In t h e p a s t m ont h , Moreno inaugurated the 18-classroom three storey building in barangay Lumbia; six classroom (new campus) in barangay Pigsag-an and eight classrooms in barangay Bonbon. Later this month, Moreno is set to inaugurate the 80-classroom City High School in barangay Nazareth. (BCY/CIO)
Globe... from page 3
and service-oriented culture, and product innovations in its mobile business. Under his visionary leadership, Globe has outperformed industry growth with the company breaking records across all key product groups, brands and market segments by making the Globe brand as the purveyor of Filipino digital lifestyle. The company is now recognized as the number one mobile brand
in the country. Cu is currently leading the company in elevating the state of internet in the Philippines by maximizing the newly assigned 700Mhz spectrum to provide a faster mobile internet experience to its customers and by investing heavily to improve the fixedline internet to connect 2 million families nationwide by 2020 and. With this, Globe managed to drive the mobile internet speed ranking of the Philippines in the top 6 in Asia Pacific with an average speed of 8.5Mbps according to the 2nd quarter Akamai State of the Internet report. The country has now a mobile internet connection speed faster than Singapore, China, Hong Kong, Malaysia, Thailand and Vietnam. Aside from Cu, other telecom executives included in the Top Ten Operators from Asia include Mukesh Ambani, Managing director, Reliance Jio; Alex Jinsung Choi, CTO, SK Telecom; Chua Sock Koong, CEO, Singtel; Li Ka-shing, Chairman, CK Hutchison; Sunil Bharti Mittal, Chairman, Bharti Airtel; Andy Penn, CEO, Telstra; Masayoshi Son, CEO, SoftBank; Hiroo Unoura, CEO, NTT; and Shang Bing, Chairman, China Mobile. Global Telecoms Business is the only magazine an d we b s ite d e d i c ate d
for senior executives of telecommunication companies worldwide.
Hurst... from page 4
what He designed you to do well! So why not ask Jesus right now to forgive you for living your own way? Then ask Him to take full charge of your life and career. It’s not until you start living for Jesus His way that you will finally find your place in life, so you can start enjoying the satisfaction of real success. Just Think a Minute…
Aboitiz... from page 5
plant in Davao City, with the second following months later. “We’ve seen supply and demand projections for all three grids. The most serious oversupply in the mediumterm is Mindanao obviously. That one is really really large,” he added. The close to 1,000-MW in new capacity adds to Mindanao’s installed capacity of 2,414 MW as of 2015, of which 2,044 MW are considered dependable. “Reserves now are running 700 MW,” he said. As of September, the Department of Energy (DoE) placed Mindanao’s upcoming committed capacity at 1,688 MW for projects that will
come online between this month and 2019. Indicative projects, or those that have yet to finalize their funding requirement, could contribute 2,610 MW more. “For Luzon, we have an oversupply today. Reserves are sufficient. Let’s not panic every so often. Too many plants come down at the same time and things get tight,” Mr. Moraza said.
Awards...
from page 5 Summit “BRICKS CLICK” (Business to Business category). Likewise, SM Lifestyle Center, Xiamen received a Silver Award for Marketing Excellence in the Public Relations and Events category for the Floral Tiles Christmas @ SM Lifestyle Center Xiamen. And SM City Marilao & SM City Baliwag received a Certificate of Merit from the ICSC Foundation
for its Green Vision: The SM Mission campaign. The International Council of Shopping Centers (ICSC) is the premier global trade association of the shopping center industry. Established in 1957, the ICSC has more than 70,000 members in over 100 countries including shopping center owners, developers, managers, investors, retailers, brokers, as well as academic and public officials. T h rou g h it s G l o b a l Aw a r d s P r o g r a m , t h e ICSC has recognized and honored the shopping center industry’s outstanding and pioneering achievements in marketing, social media and the design and development of retail properties and stores throughout the world. Its Asia Pacific Shopping Center Awards are the premier recognition of excellence, innovation and creativity within the region’s retail real estate industry.
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
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 44 Initao, Misamis Oriental IN THE MATTER OF CORRECTION OF GENDER IN THE BIRTH CERTIFICATE OF REYMARK BUNGALOS DAJIS FROM ‘’FEMALE’’ TO ‘’MALE’’
SPEC. PROC. NO. 2016-1344
REYMARK BONGALOS DAJIS Petitioner, -versus-
FOR: CORRECTION OF GENDER
THE OIC CIVIL REGISTRAR OF LIBERTAD, MISAMIS ORIENTAL, Respondent. X------------------------------------/ AMENDED ORDER Finding the petition for Correction of Gender of Reymark Bongalos Dajis sufficient in form and substance, the same is set for hearing on November 07, 2016 at 8:30 o’oclock in the morning, at this court sitting at the Hall of Justice, Poblacion, Initao, Misamis Oriental. The Civil Registrar concerned and any person having or claiming any interest undrer the certificate of marriage whose cancellation/correction is sought may, within fifteen (15) days from notice of the petition, file his or her opposition thereto. At the expense of the petitioner, let a copy of this Order be published once a week for three consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental. Further, let a copy of this Order and the petition be posted at the bulletin boards of the entrance door of this court, Hall of Justice, Initao, Misamis Oriental and Municipal Hall, Libertad, Finally, let a copy of the petition and this Order be furnished to the Office of the Solicitor General and the Office of the Civil Registrar concerned.
SO ORDERED.
Initao, Misamis Oriental, September 28, 2016.
(Sgd.) MARISSA P. ESTABAYA Presiding Judge BWM: Sept. 30, Oct. 7 & 14, 2016
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thu-fri|october 13-14, 2016
Customs... from page 1
Meanwhile, the dozens of boxes loaded with fake and imported cigarettes seized by the agency the other day in the Cogon district here may have contained illegal drugs, a BOC official said. Joenel Pogoy, a technical assistant from the office of Customs Commissioner Nicanor Faeldon, said law enforcers got curious when a sniffing dog of the Phil. Drug Enforcement Agency-10’s K-9 unit sat on a box filled with counterfeit cigarettes during a raid in a warehouse that stored the contraband. The raiding team was composed of BOC officials from the Northern Mindanao collection district and from the central office in Manila, in coordination with PDEA10. Pogoy said it is possible that the tobacco products have been contaminated with illegal drugs in t hat met hamphet amine hydrochloride or shabu may have been mixed during the manufacture of the cigarettes. It was also suspected that packs of shabu were placed inside the box as it was torn when the Customs personnel found it. The scent of the drug may have lingered even when it was taken out, that’s why the sniffing dog was able to detect it, Pogoy said.
Force... from page 1
Article III, Section 18 (1), provides that “no person shall be detained solely by reason of his political beliefs and aspirations”. Andanar said the United Nations Educational, S cientific and Cultural Organization (UNESCO) n o t e d t h at t h e s a f e t y of j ou r n a l i st s and t he prosecution and punishment of those who kill members of the media are essential to preserve the fundamental right to freedom of expression. The UNESCO revealed that on average, one journalist is killed every week around the world while the Committee to Protect Journalists reported that the Philippines ranks third in the world in terms of journalists killed in the line of duty. ”The continuing attack on media workers is not only erosive of press freedom and free expression but also impedes the flow of information in a community,” read the AO.
The first AO signed by the President noted that “murders and violent incidents against journalists create an impression of a culture of impunity”. It was also noted that most of the violations against the media remain uninvestigated and unresolved, “with the perpetrators unidentified or unprosecuted, giving rise to graver impressions of impunity and the commission of more violent crimes”. Under the AO, the Duterte administration declares as a matter of policy that all of the forms of political violence and abuses of power, whether by agents or elements of the State or of non-State forces against the members of the so-called Fourth Estate must stop. Andanar said the Presidential Task Force will be chaired by the secretary of the Department of Justice and cochaired by the PCO secretary, while members include the secretaries of Interior and Local Government, and National Defense; Solicitor General; Presidential Human Rights Committee head; Armed Forces of the Philippines (AFP) chief of staff; Philippine National Police (PNP) director general; and National Bureau of Investigation (NBI) director. The Task Force shall invite as obser vers the Commission on Human Rights, Ombudsman, National Press Club, National Union of Journalists of the Philippines, Kapisanan ng mga Brodkaster ng Pilipinas, Publishers Association of the Philippines, Inc., and Philippine Press Institute. Andanar said the Task Force shall conduct an inventory of all cases of violence against media workers who are engaged, whether as a principal occupation or not, in media practice, including print, Internet, radio broadcast or commentaries and television. After conducting the inventory, the Presidential Task Force shall prioritize the unsolved cases, particularly the high-profile cases during more recent years. One of the countr y’s high-profile cases is the November 23, 2009 Maguindanao massacre where 58 people, including 32 media practitioners, were killed and buried in a mass grave in the town of Ampatuan, Maguindanao. The Task Force shall submit a report to President Duterte after six months of
Republic of the Philippines Province of Misamis Oriental Municipality of Initao -oOo-
Date: October 4, 2016
In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No. 1 Series of 2012 (IRR on R.A. 10171), Notice is hereby served to the public that MARFE P. UBANAN has filed with this Office, a petition for change of first name from ‘’ ‘’ to ‘’ ‘’ and correction of entry in sex from ‘’FEMALE’’ to ‘’MALE’’ or correction of entry in the date of birth from ‘’ ‘’ to ‘’ ‘’ in the certificate of live birth of MARFE P. UBANAN at Initao, Misamis Oriental and whose parents are ORLANDO B. UBANAN and GILDA A. PINEDA. Any person adversely affected by said petition may file his written opposition with this Office not later than October 28, 2016. BWM: Oct. 7 & 14, 2016
Coffee...
from page 1 day of the two-day National Coffee Summit Thursday at the SMX Convention Center here, Princess Kumala S. Elardo, a trustee of the International Women’s Coffee Alliance, said that the roots of insurgency are far deeper that a mere “political and military” solution will not address them. From earning nothing at all in 2008, Elardo said a coffee farmer can now earn as much as P150,000 a year. “The need is for economic and commercial development. That is what w i l l prov i d e bu s i n e s s , livelihood and jobs to the local communities… A large segment of the population is either currently unemployed, underemployed, or engaged in combat preparation,” she said. Seeing the dire need for economic upliftment, Elardo, who is also chair of the People’s Alliance for Progress Multi-Purpose Cooperative (PAPMPC), said recruiting new members to join with her in the cooperative was not hard at all. She said that she encouraged even former combatants of the Moro
(SGD.) ISAIAS A. JARALES Municipal Civil Registrar
National Liberation Front (MNLF) to join in the coffee business. “I have to show that not everyone in Sulu is Abu Sayyaf. I am a Muslim but I am not a kidnapper. I believe that the solution is not just military and political, but it has to be economic,” she said. In her presentation, Elardo said that her cooperative’s membership has reached 2,221 with beneficiaries totaling 13,326 since 2010. The cooperative, Elardo said, started only in a makeshift of f i c e at Sit i o S a at an , Kandayok, Panamao, Sulu, an area where access to water was hard. “In their desire to improve their living condition, the few families decided to pool together part of their meager income and build their own water system. The project became a success, with all households now with running water in their homes,” she said. Elardo said Sulu has an ideal climatic condition, fertile soil, availability of large tracts of land, and availability of human resource, making it ideal for a coffee business. She said there are around 1,000 hectares of idle lands in Sulu, of which 300 has. was planted to coffee. “Coffee is everywhere in Sulu,” she noted. She has trained farmers in the proper methods of producing premium quality beans, from harvesting red cherries, to washing, to fermenting, to drying and
EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH DEED OF ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS: This Deed made and executed by and between among ourselves namely: CARMITO LEON B. TAPONGOT, ERLINDA T. BIRONDO, AUXILIUM T. JALAGAT, ELENA T. ABREA and ISIDRO B. TAPONGOT, all of legal ages, Filipino citizen and all residents of Villanueva, Misamis Oriental, hereinafter called the HEIRS and VENDORS;
Butane...
from page 1 undertake the fabrication of smaller but sturdier LPG tanks which conform to the Philippine National Standards in the size of the butane canisters that many poorer households have resorted to refilling with LPG since they could not afford the standard 11-kilogram LPG tank. The resolution was jointly moved and unanimously passed by the CPCC. The disposable butane canisters are commonly used by lower income households who say they cannot afford the more expensive LPG gas tanks and refills. According to a quick survey done by the CPCC at the Cogon Market, the portable butane gas stoves made in China and Korea are readily available from nearby stores for as low as P599. A typical one burner LPG stove with tank and regulator costs from P1, 300-1,500 or 60% more. The butane canisters refilled
A PARCEL OF LAND (Lot1-D-2-1-9-F-4-F-1, being a portion of Lot 1-D-2-1-9-F-4-F, Psd-10-015614), situated in the Barrio of Katipunan, Municipality of Villanueva, Province of Misamis Oriental, Island of Mindanao, bounded on the NW, along line 3-4 by portion of Lot-1-D2-1-9-F-4-F-3 (Road right of way, 6.50 m wide); On the NE, along line 4-1 by Lot 1-D-2-1-9-F-4-F-2 both of the subdivision plan, On the SE, along line 1-2 by Lot 1-D-2-1-9-F-4-B; On the SW, along line 2-3 by Lot 1-D-2-1-9-F-4-E both of Psd-10-015614, Beginning at the point ‘’1’’ on the plan being S, 43 deg. 52’E., 813.63 m. from BLLM No. 1, Pls 923, Villanueva Public Plan Subdivision. T H E N C E; 17’W., 43’ W 17’ E., 43’ E.,
10.00 m. 30.00 10.00 30.00
Containing an area of THREE HUNDRED (300) square meters more or less Whereas, being all of legal ages and pursuant to Rule 74 of the Rules of Court subject to the conditions set forth in said Rule, We have extra judicially settled and adjudicate as We hereby settle and adjudicate and agree among ourselves to SELL the said property to SPS.WALTER SEIZMAN F. NALDO and JORREN APRIL V. NALDO. That for and in consideration of the amount of FIFTY THOUSAND PESOS (50,000) Philippine Currency in cash paid by the VENDEES to the VENDORS, the receipt of which is hereby acknowledged by us, Do hereby SELL, TRANSFER, and CONVEY absolutely unto the said VENDEES. BWM: Oct. 7, 14 & 21, 2016
with LPG costs anywhere from P35 to P25 each can likewise be easily purchased from nearby stores in the market. A refilled canister could last a homeowner as long as 3 days. Thus even if a household uses 10 canisters a month, this would only cost them P250 compared to the current refill of a typical 11-kg. LPG tank of P400. The cost of operating the butane gas stoves in bigger cities like Cebu are even lower. (To be continued)
DTI... from page 2
November with the targeted 20 MSMEs assisted in the province completing the nine-Week program with 11 modules to be covered. Pabillore calls the run of the program in the region “DTI’s way of putting words into action,” showing their commitment to their mandate of enabling businesses all over the country. The Kapatid Mentor ME program is an initiative of DTI Secretary Ramon Lopez, aiming to help the country’s MSMEs through coaching and mentoring methods where mentors from the business sectors and academe teach them on the different facets of business operations. (Alren Gem Gay Neri/DTI 10)
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte IN RE: PETITION FOR CORRECTION OF ENTRY IN THE SPL. PROC. NO. 324-07-2016 CERTIFICATE OF LIVE BIRTH OF RUFINA SEDROME PATIGDAS UNDER THE DATE OF BIRTH FROM - for DECEMBER 18, 1959 TO DECEMBER 18, 1960 and UNDER DATE OF MARRIAGE OF PARENTS FROM Correction of Entry SEPT. 10, 1956 TO SEPTEMBER 11, 1957. TO CLARIFY THE ENTRY UNDER SEC OF CHILD AS FEMALE. RUFINA PATIGDAS-NDABENE, Petitioner, - versus – THE LOCAL CIVIL REGISTRAR OF TUBOD, LANAO DEL NORTE, Respondent.
X---------------------------------------/ ORDER
Whereas, we the above-named are children and heirs of the late Trinidad B. Tapongot who died leaving no debt and Will, except a parcel of land described as follows:
1-2 S. 87 deg. 2-3 N. 2 deg. 3-4 N. 87 deg. 4-1 S, 2 deg.
to roasting. It is necessary to pick the cherries at the peak of ripeness, she said, adding that the washing method allows them to sort out quality beans from the bad ones.
IN FAVOR OF:
SPS.WALTER SEIZMAN F. NALDO and JORREN APRIL V. NALDO, likewise all of legal ages, both Filipino citizen and a resident of Poblacion 3, Villanueva, Misamis Oriental, hereinafter called the VENDEES.
NOTICE TO THE PUBLIC CCE – 0038-2016 R.A. 10172
operations. The new administrative order supersedes AO No. 35 signed by former president Benigno Aquino III in 2012, creating an Inter-Agency Committee on Extra-Legal Killings of media workers. (PNA)
A verified petition for correction of correction of entry in the Certificate of Live Birth of RUFINA PATIGDAS-NDABENE was filed before this Court on September 15, 2016 by the herein petitioner praying among others that after notice and hearing, an Order be issued directing the Respondent’s office to effect the correction sought for. Petition alleges that she is of legal age, natural born Filipino and naturalized Canadian citizen, married and a resident of Caniogan, Tubod, Lanao del Norte since birth. Respondent is sued in her official capacity as such. Petitioner was born to spouses Liberato Patigdas and Mercedes Sedrome at Caniogan, Tubod, Lanao del Norte. However, the registration of the facts of her birth was only done on June 11, 1987 by her mother Mercedes Patigdas. That unknown to her, her mother registered the date of her birth as 18 Dec. 1956 instead of 18 Dec. 1960 and as can be gleaned in all her document of importance. Hence, this petition for correction of the entry of the date of birth of petitioner from 18 December 1959 to 18 December 1960. Furthermore, there is also an error in the entry of the Date of Marriage of Parents. It was entered as September 10, 1956 instead September 11, 1957 as reflected in the Marriage Contract of Petitioner’s parents – Libertad Patigdas and Mercedes Sedrome. Under the category SEX OF CHILD, the entry is not clear that it all needs to be clarified as FEMALE. That she filed this petition in good faith and is not intended to conceal the commission of a crime and/or defeat the investigation and prosecution of the same but with the sole intention to straighten the record of her birth. Set the initial hearing of this case to December 16, 2016 at 8:30 in the morning before the sala of this Court. Furnish copy of this Order to the OSG, Makati City, Office of the Public Prosecutor, Office of the Local Civil Registrar of Tubod, Lanao del Norte, The Administrator and Civil Registrar, NSO, Quezon City, Metro Manila, Atty. Dorothea Basalo and to the petitioner, in her known address. Let copy of the Order containing the petition be published in a newspaper of general circulation for three (3) consecutive weeks, at the expense of the petitioner. SO ORDERED. Tubod, Lanao del Norte. September 30, 2016. BWM: Sept.30, Oct. 7 & 14, 2016
(Sgd) DENNIS P. VICOY Acting Presiding Judge
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thu-fri|october 13-14, 2016