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IN-DEPTH
Monday | October 17, 2016
Groups call end X X Briefly of ‘labor pool’
Market Indicators
As of 6:20 pm october 14, 2016 (friday)
FOREX
PHISIX
US$1 = P48.341
7,389.30
13.2
77.12
cents
points
No wage hike
THE government has rejected the proposed P125 nationwide increase in minimum wage, the National Economic and Development Authority (NEDA) said on Friday. Socioeconomic Planning Secretary and NEDA DirectorGeneral Ernesto M. Pernia said that an across-the-board increase in wages would result in job cuts particularly in the micro, small and medium enterprises (MSMEs) sector. “First of all, different regions have different conditions, different inflation or cost of living conditions so you cannot just enforce a uniform increase across all regions and it’s going to be bad for economy,” Pernia said. “The NEDA has done some impact analysis and its going to affect employment because with higher wages, many firms would not be able to afford to keep their workers or hire workers especially MSMEs,” he added.
US investments THE government is in talks with five or six US groups interested to invest as much as $1 billion in Mindanao, particularly in the area of environmental development within the region. Environment Undersecretary Jonas Leones said the Department of Environment and Natural Resources (DENR) is now identifying specific areas in Mindanao where these foreign groups can put their money into. This developed after Environment Secretary Gina Lopez was able to convince these investors to consider investing in Mindanao during her visit in New York last month, Lopez specifically attended private sessions with investors on the sidelines of United Nations (UN) assembly.
C
By MARK D. FRANCISCO, Staff Writer
HURCH and labor leaders in Cagayan de Oro jointly called
on to end the practice of businesses in utilizing thirdparty manpower agencies
in their operations. The local chapter of the Iglesia Filipina Independiente made the call during the pool/PAGE 11 HOT ITEMS. Despite the ban, some badjaos sell earrings and bracelets made of m a r i n e products, mostly pearls and corrals, ranging from P300 to P1,800 per piece in Patulangon, Sta. Cruz, Davao del Sur. PHOTO BY GERRY LEE GORIT
DND gets P987-M for transfer of 15th Strike Wing to CDO By MARK D. FRANCISCO, Staff Writer
DESPITE President Duterte’s anti-American stance, the Department of National
Defense (DND) is pushing for the use of the 80-hectare former Lumbia airport as
new headquarters of the Philippine Air Force’s (PAF) 15th Strike Wing. It c a n b e r e c a l l e d transfer/PAGE 11
LTFRB-10 starts tagging of Oro taxis By GERRY LEE GORIT, Reporter
THE Land Transportation Franchising and Regulatory Board in Northern Mindanao (LTFRB-10) has vowed to eliminate “colorum” public utility vehicles (PUVs), especially taxis, or those operating without franchise permits as it introduced a new system to achieve this goal. Starting last week, LTFRB-10 began tagging taxis with yellow stickers equipped with a security feature in the form of a bar code. ltfrb/PAGE 11
GETTING RID OF ‘COLORUMS’. Land Transportation Franchising and Regulatory Board-10 (LTFRB-10) acting regional director Aminoden Guro tags a taxi with a yellow sticker as a means to rid Cagayan de Oro of ‘colorum’ public utility vehicles. PHOTO BY GERRY LEE GORIT
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P15.00
Economy 2 DAR pools farmer leaders for GARB T
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HE Department of Agrarian Reform (DAR) spearheaded a dialogue on the Genuine Ag r a r i a n R e for m Bi l l (GARB) in Cagayan de Oro City on 07 October 2016, participated in by more than 240 Comprehensive Agrarian Reform Program (CARP) farmer leaders from regions 9 and 10. The activity aimed to inform stakeholders of the thrusts, policy directions an d pr i or it y pro g r ams of DAR under the ne w leadership of S ecretar y Rafael “Ka Paeng” Mariano. DAR Undersecretar y for Field Operations Office Marcos Ris onar graced t he e ve nt and l i ke w is e reiterated the strong support of the President to agrarian reform.
He said the level of trust and confidence from the President is high. In fact he has already convened the Presidential Agrarian Reform Council, last month. DAR Legal Consultant lawyer Jobert Pahilga also discussed to the farmers the concept of GARB, the targeted changes and why these are needed. He said GAR is a program that aims to end land monopoly while providing an integrated and holistic program of support ser vices for the farmers, rural workers, and indigenous people for free. “Ito ay mula sa mga magsasaka at para sa magsasaka. Produkto na matagal nang pinaglalaban at galing sa karanasan ng
mga mags as a ka, (From the Farmers and for the Farmers. A product of a long time cry and is based on farmers experiences),” he said. Pahilga added that the
agrarian reform office is also currently doing an inventory on the 4.7 million hectares of land distributed to some 2.9 million CARP benef iciaries, rounding up its status to be able to
institute appropriate policy and program interventions. Meanwhile, the Kilusang Magbubukid ng Pilipinas (KMP) officers were at the foref ront in organizing the event. KMP President
Ireneo Udarbe reminded the participants on the importance of the dialogue and on the role that they have to play in ensuring the success of GAR. (JCV/ PIA 10)
A CAGAYAN de Oro City councilor on Friday vowed to fight illegal gambling in this seaport capital of Northern Mindanao through a joint task force of the police and stakeholders here. City Councilor Zaldy Ocon, the chair of the city’s committee on games and amusement, said that the
creation of the task force becomes necessary following reports that illegal gambling has continued to proliferate despite the anti-gambling drive waged by the local authorities. “While the anti-illegal gambling of the city’s police force has been sustained without let up, there is still
a need to identify and arrest the alleged gambling lords in the city,” Ocon said. He said his committee was frustrated that the operation of the Philippine Charity Sweepstakes Office (PCSO), one of the major contributors of financial assistance to the poorest of the poor in Cagayan De Oro City, has
been affected by the operation of the illegal number games. “It is lamentable that the illegal number games brought about by ‘suertres’ (a three number combination game) has hurt the PCSCO’s ‘suertres’ draw,” Ocon said. According to Ocon, the operations of illegal lotto gambling/PAGE 11
Oro dad pushes creation of anti-illegal gambling task force
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Activities for the elderly - Cagayan de Oro City Social Welfare and Development Office (CSWDO) head Teddy Sabuga-a says that the office will exert more effort to boost the budget for the senior citizens and eventually serve and enjoin more participants in the next Elderly Filipino Week celebration on October 12 at Limketkai Atrium.(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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Opinion
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And the winner is.......
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How to be a good fighter! Think a minute…A few ye ars ago Mi ke Ty s on fought Evander Holyfied for the world heavyweight championship title. During the fight, Tyson got so angry he actually bit off a part of Holyfield’s ear! Most of us know that it takes a much stronger man to control his own anger than to let it control him. Many homes are not happy because the husband and wife haven’t learned to control their anger and fight by the rules. Of course, I don’t mean fist fighting, but rather arguing with words. There are 5 simple guidelines for fighting that would make a big difference in many marriages and homes. The 1st one is smart timing. If you are still angry, then it’s usually better to wait until both of you are in a better mood. “Take time out before you take it out on each other!” As one lady who‘d been married over 35 years said: “I’ve learned never to tell my husband bad news on an empty stomach!” The 2nd guideline is to allow the other person the right to say, “I’m angry.” Let them tell you how they feel. If we don’t let others express their anger in a healthy way, then it will continue to build
THINK
A Minute
Jhan Tiafau Hurst up until we finally blow up! Then we can deeply hurt each other with the angry, even hateful, things we say and do. Remember, our feelings are not right or wrong, but they’re still real; so we need to allow each other the freedom to say how we feel. Number 3: Know exactly why you’re angry. Sometimes the thing that started us feeling so angry was only a small even silly thing. But behind it is the real problem which we need to talk about it. The 4th guideline to fighting in marriage is to realize that your anger is the enemy, not your wife or husband. So stay on the same side and fight together against the anger that’s hurting your family. hurst/PAGE 11
“After twelve rounds, we now go to the judges’ score cards!” We o f t e n hear those familiar words from international ring announcer Michael Buffer at the end of an exciting boxing event. Buffer then reads the individual judges’ scores. Depending on how the judges saw the fight that has just gone the distance, the result could be a unanimous decision, a split decision, a majority decision or a draw. Every now and then, the score of two judges would turn out to be poles apart, leaving the spectators to wonder if the two judges were in fact watching the same event. The divergence is explained by the fact that judges are seated at different vantage points around the ring and that the judges could actually have different perceptions on how the fight went. The recent “scorecards” s u bm itt e d by “ ju d g e s” grading President Rody Duterte’s first 100 days, in a way, mimic the boxing judges’ scorecards.
Judge No. 1 (and, here, I am referring to the surveys – both SWS and Pulse Asia ) gives President Rody excellent scores in terms of both approval and trust ratings. In fact, observers point out that President Rody’s ratings are higher than those of President PNoy dur ing a simi l ar period. Judge No. 2 (Eg. former President Fidel V. Ramos), on the other hand, considers Duterte’s performance a disappointment. Why the big disparity in the ratings? Let me just venture a guess. The two judges used different criteria! Judge No. 1 measured President Rody against his campaign promises. And, bereft of all those expletives, he just had a very short list of promises an unrelenting fight against drugs, crimininality and corruption. He was voted overwhelminingly based on this campaign. Ver y visible to the Judge No. 1 is the war on drugs, like no other, which started even before Duterte assumed office. Crime statistics, according to the police, have
actually gone down. And while there have been no dramatic changes yet as far O ut as the anti-corruption drive, improvements are expected by Judge No. 1 over a longer term (certainly, not 100 days). Judge No. 2, on the other hand, used a longer list of performance measures. It is true that fighting drugs, criminality and corruption are important. But they are Ignacio Bunye not ever ything. Yes, we need to address tactical gut read column of my Bulletin concerns. But we also need neig hb or, for mer press to address strategic concerns secretary Chito Villanueva: whose benefits could only “You be the judge!” Congrats be felt in the future, eg. e n v i r o n m e n t , c l i m a t e C ong r atu l at i ons are change, inter-connectivity in order for Secretaries and cooperation in a highly B ebot B ello (Labor and g l ob a l i z e d c om mu n it y. E m p l o y m e n t ) , S o n ny Because of the reality of Dominguez (Finance), Al interdependence among Cusi (Energy), and Martin nations, we can not afford A n d a n a r ( P r e s i d e nt i a l to be parochial. We need C o m m u n i c a t i o n s ) , to think globally. We need w h o r e c e n t l y h u r d l e d not alienate old allies while t h e C o m m i s s i o n o n expanding our circle of Appointments. f riends. We als o need Bello, aside from his labor to discard “20th century portfolio, has been named thinking” and to embrace by President Duterte as one the realities of the 21st of the key members of the century. peace panel negotiating with So, did our boxer win the National Democratic or not? Front. Ever since, Bello has To borrow from the wellbunye/PAGE 11
SPEAKING
Development is not just a dream We are not just hoping for it where one among four Filipinos are poor. Our country’s leadership seem passionate for development. Looking at the fundamentals of sustainable development discourses- e c on om i c , s o c i a l a n d environmental--the administration of president Duterte has a unique outlook of a maverick. The good news is Duterte scraps off the oligarch’s control of our government which for ages has stalled a genuine upward leap. This means government is no longer ostensibly putt i ng pro g r ams a s a m e ans t o c re at e “p o g i points” which Filipinos have scorned. The actions of the present administration are housekeeping efforts to
make us feel safe from drugrelated crimes. But we see beyond mere housekeeping such as the appointment of grassrootssympathetic secretaries in the Department of Social Welfare and Development (DSWD), Department of Labor and Employment (DOLE), Department of Agrarian Reform (DAR) and the Department of Environment and Natural Resources (DENR). By principle, the social aspect of sustainable development meets d i s t r i b u t i o n a l e q u i t y, provision of social services and political accountability and p ar t icip at ion. The recent pressure on Hacienda Luisita to pay the farmers is an indicator. The end of unfair contractualization
o f l a b o r i s i m m i n e nt . Hotlines like the 8888 to report corruption and 911 emergency dial spares us a lot of bureaucratese. As environmental p olicies avoids overexploitation of renewable resource systems, we see development will be sustainable. The revocation of 30 non-compliant mining companies’ permits tells us the seriousness of the government to enforce laws for our ecology. It tells us that the country’s natural resources are not pizza for the magnates. After conquering the drug war a few months from now, we have high hopes to defeat what ails our society. Development is a hot topic nowadays. If you want to present papers in the
lucell larawan International Conference on Regional Development and Local Governance to be held in Bohol, send your abstract online and be able to connect with practitioners and scholars of development. See this link: http://www.sobiad.org/ CONFERENCES_held/ICREGIONAL/dead.html
You have three wishes When I was still a young boy, I have been taught that there might be fairy creatures offering us three free wishes. We should be always so wise enough to think it over very well and select the best wishes for our very own. Sure, there will be always classic stupidities regarding fairy-wishes. We are all human beings and don’t belong to the fairy category. Your wish is my command! And, there is someone who wishes at first a strong health, and - sure, he or she receives it, because good fairies never hesitate. And now and then? Here he is, for example, the healthy man is like a boulder
in the surf, but surrounded by a world of war, flames and so-called military conflicts. But this man is stilL alive and as fit as a fiddler. Why should he wishes for a strong health...? Well, maybe we have to formulate our wishes for something more improved. But what? Discretion is the better part of valor. Let’s try it like a fairy-tale and ask for wealth, riches and abundance. These are the one and only things on earth, right? With money we can travel around the globe, find friends, even in far away distances, and we can do charities. Well, and if we might become sick, maybe
seriously sick, we must not worry. We can afford and finance the most affordable doctors and most updated hospitals to give us back our good health. And if not? In many fair y tales, we can also find the one with unassuming manners, inconspicuous, poor dressedup, a little bit silly, mostly disregarded and easily to be overlooked. This guy has only one wish, such as eternal salvation and bliss with a little stool in heaven besides God. And guys, be sure, that he will get it, and, he is happy and very thankful. So far so good, it seems the simpleton has been the brightest. It’s all right: three wishes
H ave M y Say
Klaus Doring
and no one more. A different thing, isn’t it? If all human beings on this entire globe could be all around happy, which means to say: nobody must doring/PAGE 11
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CorporateWorld
Pilipinas Shell prices IPO at P67 per share
P
I L I P I NA S S h e l l Pe t ro l e u m C or p. (PSPC) has priced its P19.4 billion initial public offering (IPO) at PHP67 apiece, the upper end of its revised price range of P65 to P67 per share. PSPC, a subsidiary of
Royal Dutch Shell, expects to list the offering at the Philippine Stock Exchange (PSE) on Nov. 3, it said in a statement. It will offer about 330 million shares for this longdelayed offering. The bulk or 90 percent
of t he of fering will b e bought by the three selling shareholders, namely Shell Overseas Investments BV, Insu l ar L ife Assurance Company Ltd. and Spathodea Campanulata, Inc. Shell’s allocation will
amount to P13 billion, making it the major shareholder of PSPC with m ore t h a n 5 5 p e rc e nt shareholding, the statement said. The remaining 10 percent of the IPO will be offered to the public, as required
Monthly premium mode now available for PhilHealth self-paying members THE Philippine Health Insurance Corp. (PhilHealth) is now implementing a more sustainable premium payment scheme for Informal Economy members, particularly those in the lower income bracket. Through Circular 2016025, the health insurer now allows members belonging to the Informal Economy membership category to pay their premium contributions
on a monthly basis. The p olic y covers informal economy members such as self-earning individuals; informal sector members that include market vendors, street hawkers, tricycle drivers and the like; Filipinos with dual citizenship and naturalized Filipino citizens; and migrant workers except for land-based Overseas Filipino Workers. According to PhilHealth
Gov’t unions, people’s orgs unite to pursue Movement for Change Various government unions led by the Social Welfare Employees Association of the Philippines (SWEAP); Confederation for Unity, Recognition and Advancement of Government Employees (COURAGE); and, people’s organizations such as Kalipunan ng Damayang Mahihirap (KADAMAY), representing the urban p o or ; and, GABRIEL A representing women, gathered at the Department of Social Welfare and Development (DSWD) Central Office yesterday, to push for “tunay na pagbabago” (Real change) under the banner “Kawani at Mamamayan Para sa Pagbabago”. Manuel Baclagon, SWEAP National President, outlined the 15-Puntong Adyenda ng Mamamayan sa Pagbabago b e i n g p u r s u e d by t h e Movement for Change which was agreed upon by different organizations during the People’s Summit held last June 29, 2016 at the University of the Philippines. This was presented to President Rodrigo R. Duterte during his inauguration and the proponents are hoping that he will respond to this in the soonest possible time. These are: Ipaglaban ang karapatan ng bansang magpursige sa sarili at ang dangal ng teritoryo ng Pilipinas. Igalang ang karapatang pantao. Igiit ang kalayaang pangekonomiya. Ilunsad ang pambansang industriyalisasyon. Ipatupad ang tunay na reporma sa lupa. Itaa s ang s aho d at ang pamumuhay ng mga manggagawa. Palawakin ang serbisyong
panlipunan. Itigil ang pandarambong at lahat ng anyo ng katiwalian at korapsyon. Bawasan ang badyet militar at ilaan sa pagpapaunlad ng ekonomiya at serbisyong panlipunan. Itaguyod ang makabayan, demokratiko, siyentipiko at progresibong sistema ng edukasyon at kultura. Itaguyod ang pagkapantay ng kasarian at bakahin ang diskriminasyong sekswal. Tiyakin ang nararapat na paggamit ng mga likas na yaman at pangalagaan ang kalikasan. Igalang ang karapatan ng pambansang minorya. I p a g p a t u l o y ang negosasyong pangkapayapaan sa National Democratic Front (NDF) at Moro Islamic Liberation Front (MILF). Ip u r s i g e a n g i s a n g malayang patakarang panlabas. The discussion focused on the issues and gains of the Duterte administration in its first 100 days vis-à-vis the concerns of the affected sectors, such as the urban poor, women,and militant groups. Sharon Cabusao, a former political prisoner,stated that they “feel hopeful because of the mere fact that the peace talks between the Government of the Republic of the Philippines (GRP) and the National Democratic Front Party (NDFP) are proceeding and these have positive effects on the case of political prisoners.” They are also optimistic that the General Amnesty for all political prisoners will be granted soon since the deadline is on October 21. pursue/PAGE 10
acting President and chief executive Ramon F. Aristoza Jr., not all members belonging to the said membership category have the capacity to pay for at least a full quarter premium on a regular basis. “We are continuously seeking all possible means to make our premium payment schemes more convenient to our members, for them to be able to sustain and remit a much smaller amount each month and avail themselves of the PhilHealth benefits in time of ill health,”Aristoza said. The PhilHealth premium contribution rate for informal economy members whose average monthly income is Php25,000 and below is currently at Php 200 per month. With this amount, a member, along with his qualified dependents, can h av e h e a lt h i n s u r a n c e coverage that can be availed of in at least 13,000 accredited health care institutions n at i onw i d e . Av ai l m e nt requires that a member has paid his premium for at least three months within the
immediate six months prior to the first day of confinement. The monthly mode of premium payment is in addition to the current payment options of quarterly, semi-annually or annually. The deadline for t h e m ont h l y pre m iu m contributions is on the last working day of the current month. For members who opt to pay their premiums quarterly, the deadline is the last working day of the applicable quarter. Those who opt to pay semi-annually are also reminded that the deadline for payment is on the last working day of the first quarter of the applicable semester, while those paying annually should do so prior to or on the last working day of the first quarter of the applicable year. The health insurer also reminded its members, especially the self-paying ones, to regularly pay their premium contributions to be able to avail themselves of the PhilHealth benefits in premium/PAGE 10
by the Oil Deregulation Law enacted in 1998, and proceeds of the sale will be used as capital expenditure, working capital and for general corporate expenses. ”Ours is a marketingdriven business operating in an economy that’s hitting
a demographic sweet spot with growing affluence and motorization of consumers and growth in Philippine businesses focused on cash generation and return on capital,” Pilipinas Shell chairman Edgar Chua said. (PNA)
Converge ICT to allocate P2.7-B for Visayas, Mindanao expansion TECHNOLOGY provider Converge ICT is looking to spend at least P2.7 billion next year to fund its expansion plans in a bid to extend its coverage in the Visayas and Mindanao areas. The firm recently rolled out a pure fiber technology service in Metro Manila which provides internet connection to business process outsourcing (BPOs), financial, education, and hospitality sectors. Although its market share is “very small” compared to the telco giants, by the end of 2017, the company will increase its network with added infrastructure investments in other key cities of the country, Dennis Anthony H. Uy, Converge ICT CEO, said at a press briefing on Friday. Its capital expenditures (capex) this year was set at P2.2 billion for additional access networks, upgrade of the backbone of its system, and other network equipment. “We will be rolling out in Visayas and Mindanao
by end of next year, 2017. Our CAPEX is P2.7 billion and we hope to grow even further with its new pure fiber technology,” Mr. Uy added. The company executive cited the demand in the country for fast and reliable internet connections, providing growth opportunities for smaller players in the market. “Access to the internet has accelerated recently as we are now amid digitization,” the company executive said. “ The p ower of pure fiber technology is capable of delivering high-speed internet. Pure fiber technology utilizes fiber optics that are lightweight, durable, non-flammable and non-corrosive, thus it is also less prone to downtimes and interruptions ... one fiber can also stretch up to several kilometers and is capable of transmitting 100Gbps.” There are just three million homes connected with broadband out of the converge/PAGE 10
Pharex ensures your loved one’s safety with every medication
The idea of close family ties is widespread among Filipinos as evidenced in their habits and practices. Filipinos value the concept of extended families with in-laws living in one household or overseas workers who overcome loneliness in order to support the family or of caring for the elderly members at home instead of packing them off to a hospice for the aged. But more importantly, family members care about their loved ones’ health as much as they care of their own. Filipinos show concern for the people they love most, especially the elderly, by taking care of them when they are sick. Health concerns are usually discussed with the trusted members of the family for motivation to recover and further assistance. Indeed, oftentimes, family members come together in nursing a sickly member back to health or when paying medical bills. Other than ensuring that their loved ones’ health are monitored, family members actively see to it that medical regimens are maintained so that they get well, expenses do not get aggravated or hospitalizations are minimized or avoided altogether.
In order to help Filipinos take better care of their loved ones, Pharex HealthCorp—the most prescribed unibranded generic medicines—has long advocated the importance of adhering to prescribed medication. This is why the Pharex 15-day Compliance Pouch or Pharex CP15 was launched. This innovative product aims to assist patients to better adhere to their treatment regimen. “We see how individuals put importance to family and their health. And with this, we want people to know that Pharex is one with them in the care for their elder family members,” said Tomas Marcelo Agana III, President and CEO of Pharex.
The company has been in the service of Filipinos for more than 25 years, showing sincere concern for their families by providing antiinfective and chronic care drugs, as well as, vitamins. “In line with our support to disseminate the essence of compliance, we make sure that our medicines are affordable and accessible without compromising on quality. This is our mission: to promote strict compliance to medication for recovery and a better quality of life,” Agana added. Pharex CP15 are all available in any leading drugstores. For more details, kindly contact 433-8088 (local 820).
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EastWest wins ‘Best Consumer Finance Product’ award from The Asian Banker
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astWest Banking Corporation ( E a s t We s t ) w a s awarded ‘Best Consumer Finance Product’ for its innovative and versatile Pers onal L o ans at The Asian Banker Philippine Country Awards 2016 last October 7 at the Shangrila at the Fort in Bonifacio Global City. “ We a r e p r o u d t o receive for the first time t his pre st ig ious aw ard, which is further evidence of ou r c om m it m e nt t o provide affordable, convenient, and accessible loans to give customers the financial f lexibility for both necessities like tuition fee and home repair, as well as larger expenditures like dream weddings and vacations. This award also reinforces EastWest’s strong position in consumer lending,” said Jacqueline S. Fernandez, E a s t We s t E V P a n d Consumer Lending Head. EastWest offers multipur pose personal loans at low interest rates and flexible terms. Customers can borrow a minimum of P25,000 to a maximum of P2 million with no collateral and no co-maker required. Application is easy and approval is fast.
E a s t We s t’s Pe r s o n a l Loan portfolio is one of the drivers of the bank’s core recurring earnings. In the first half of 2016, the bank posted risk adjusted revenue growth of 42% for p e rs ona l l o ans and increased its market share in the highly competitive personal loans business to 17%. Organized by The Asian Banker, one of Asia’s leading consulting companies in financial services research, benchmarking and intelligence, The Asian Banker Philippine Country Awards 2016 is renowned for its rigorous and transparent process in selecting outstanding financial institutions in re t ai l b an k i ng . It w a s held in conjunction with the 2016 Philippine I nt e r n a t i o n a l B a n k i n g Convention, which covered presentations on key findings of the Asian Banker annual research and sur vey in the retail banking and technology innovation of Philippine banks benchmarked against international st and ards. This annu a l convention is considered as one of the important f i nanc i a l e ve nt s i n t he country.
Armando Inabangan, Jr. President of EastWest Leasing
EastWest receives its first Asian Banker Award. From left: Foo Boon Ping, Managing Editor of The Asian Banker; EastWest’s Allan Tumbaga, VP & Bank Marketing & Corp. Comm. Head; Alastair de Lara, VP & Unsecured Lending Sales Head; Efren dela Cruz, Jr., VP & Unsecured Credit Underwriting Head; and Jacqueline S. Fernandez, EVP & Consumer Lending Head; Markus Gnirck, partner & Co-Founder or Tryb; and Alex Medana, CEO of FinFabrik.
EastWest Leasing gets SEC OK to start operations The Securities and E xch ange C om m i s s i on (SEC) has approved on October 6 the registration and incorporation of East West Leasing & Finance C or p oration (E astWest Leasing), a wholly-owned subsidiar y of East West Banking Corporation (EastWest Bank). EastWest Leasing, which aims to complement the core lending activities of EastWest Bank will soon operate and contribute to the bank’s growth and further diversify its income sources. “Our mandate is to develop the leasing business and portfolio, thereby creating
synergies with the different business units of EastWest Bank and the Filinvest Group,” s aid Ar mando Inabangan, Jr., President of EastWest Leasing. In July this year, the Bangko Sentral ng Pilipinas (BSP) approved EastWest Bank’s equity investment into EastWest Leasing of P100 million, ten times the minimum regulatory requirement. “We have completed the major regulatory approvals and are now applying for the requisite local business permits and licenses to start commercial operations. EastWest Leasing is most
likely weeks away from providing alternative financing packages to the SME and corporate clients of EastWest,” said Inabangan. EastWest Leasing will offer competitively packaged financial (direct and saleand-lease back) and operating leases, factoring, amortized commercial loans, and other financing products and services. The company will initially focus on the existing clients of EastWest and simultaneously partner with various vendors/sellers of equipment and machineries. According to Inabangan, the generic strategy of the top players in the leasing
sector is cost leadership. As the newest entrant in the market, EastWest Leasing will focus on value and customer service. “The competition within the sector is basically based on pricing or low interest rates. Thus, we will not compete directly in terms of pricing. We will exert efforts to compete based on value creation and better customer service,” he noted. F o r t h e f i r s t y e a r, Inabangan and his team will work towards heightening market awareness of EastWest Leasing and develop and harness business partnerships with the major vendors/ leasing/PAGE 10
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Banking&Finance
S&P Global Ratings targets higher ‘16 growth for PHL S USTAINED 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 re p or t e nt it l e d “Asia-Pacific Steadies While China Goes Silent,” the credit rater said the country i s e x p e c t e d t o re m a i n 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 a n d 6 . 7 p e rc e nt w h i l e 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 e rc e nt output for t he 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 p osted 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. T h e g o v e r n m e n t ’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 Pacif ic economies were “relatively quiet” in the third quarter as “growth trends have been stable and
financial markets have been fairly calm.” “Strong growth continued in the Philippines and Vietnam,” it added. L ast S e pte mb e r, t he debt rater af f ir me d 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 reserves and l ow and d e cl i n i ng 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.
EastWest gets SEC nod for leasing firm NEDA chief sees no P125 EAST WEST Banking Corp.’s of EastWest Bank and the leases, factoring, amortized (EastWest Bank) has secured Filinvest Group,” Armando commercial loans and other wage hike the Securities and Exchange A. Inabangan, Jr., president f inancial pro duc ts and Commission’s (SEC) approval to set up a leasing company, paving the way for the new entity to start operating soon. The banking arm of the G ot i anun-le d Fi linvest Development Corp. told the Philippine Stock Exchange on Wednesday that the SEC has approved the registration and incorporation of EastWest B a n k’s w h o l l y o w n e d subsidiary, EastWest Leasing & Finance Corp. (EastWest Leasing), last Oct. 6. T h e b a n k’s l e a s i n g subsidiar y is eyed to “complement the core lending activities of EastWest Bank” and “will soon operate and contribute to the bank’s growth and further diversify its income resources.” “O ur mandate is to develop the leasing business and p or t fol i o, t he reby creating synergies with the different business units
of EastWest Leasing, was quoted saying in a statement. “We have completed the major regulatory approvals and are now applying for the requisite local business permits and licenses to start commercial operations. EastWest Leasing is most likely weeks away from providing alternative financing packages to the SME (small and medium-sized enterprises) and corporate clients of EastWest,” he said. Last July, the Bangko Sentral ng Pilipinas (BSP) approved EastWest Bank’s initial equity investment of P100 million into EastWest Leasing, which was “ten times the minimum regulatory requirement.” The wholly owned leasing company of EastWest Bank will offer packaged financial (direct and saleand-lease back) and operating
services. Mr. Inabangan said even as competition within the leasing sector is mainly based on pricing or low interest rates, EastWest Leasing’s main focus is on value and customer service. “Thus, we will not compete directly in terms of pricing. We will exert efforts to compete based on value creation and better customer service.” He said the company will focus on increasing the market’s awareness on EastWest Bank’s leasing subsidiary “and develop and harness business partnerships with the major vendors/ distributors of machineries and equipment.” “ The challenge is to p e n e t r at e t h e m a r k e t , establish market recall and be noticed by competitors aside from creating value eastwest/PAGE 10
THE proposal for a P125 across-the-board nationwide salary increase is not expected to be approved in the near term. “ Wa l a ‘ y o n ( T h a t’s nothing). That’s not going to pass. We already talked with (L ab or) S ecretar y (Silvestre) Bello (III), and he agrees with our position,” Socioeconomic Planning Secretary Ernesto Pernia told reporters on the sidelines of the 42nd Philippine Business Conference and Expo held at the Marriott Hotel in Pasay City. Pernia, who is also the director general of the National Economic and Development Authority (NEDA), however said he does not know the position of Department of Labor and Employment (DOLE) undersecretaries on the neda/PAGE 10
7 OROBANKERS DIRECTORIES CAGAYAN DE ORO CITY
A PUBLIC SERVICE BY:
AMANAH/ISLAMIC BANK V. Neri Street Carmen, Cdoc 858988/8587965 / 722274
METRO BANK- COGON Osmeña Hayes St. Cdoc | 726438/8572057
ASIA UNITED BANK Cor.Camp Alagar Road Lapasan, Cdoc 729678 / 8568893
METRO BANK- CARMEN Max Suniel St. Carmen, Cdoc 8581722/ 8585162
BDO – VELEZ Velez-Rn Abejuela Street, Cdoc 2314246/8572075
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BDO – SM G/F SM City, Master Son’s Avenue Upper Carmen Cdoc | 8592623/8592637
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BDO – XU XU Lib. Annex Corrales St. Cdoc 8574108 / 8573796
METRO BANK- CORRALES Corrales Avenue, Cdoc | 8572635/728731
BDO – CDO HAYES Trendline Bldg.,Hayes Street, 8568151/727405
METRO BANK- GAISANO 8561720
BDO – COGON Sky hi Bldg JR Borja St. Cogon, Cdoc 8577963/ 725209/ 725203 BDO – OSMEÑA Osmeña corner Ramon Chavez St. Cdoc 724567/8563727 BDO – LAPASAN Lapasan Highway Cdoc 8563233 /8563234 / 725178 BDO – RN- PELAEZ George Town CyberMall Rn Pelaez Blvd Kauswagan Cdoc | 8562617/729052 BDO – CARMEN Maxsuniel cor.V Neri St. Carmen, .Cdoc 8584854 /8581133 BANK OF COMMERCE- VELEZ Akut- Velez St.Cdoc | 8564371 / 726880 BANK OF COMMERCE- LAPASAN
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PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.
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Members of the women's partly-list group Gabriela hold a rally along Mendiola St. in Manila in support of the Government of the Philippines (GRP)-National Democratic Front (NDF) Peace talks on Friday (Oct. 14, 2016). (PNA photo by Avito C. Dalan)
PBCOM Tiano-HayesSt. Cdoc | 726519/8571558
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Pursue... from page 5
Meanwhile, Nanay Inday Bagsabas, National VicePresident of KADAMAY, emphasized the need for permanent, decent job, housing, and sufficient wages. On the other hand, Atty. Catherine Panganiban, from the office of Gabriela Party List Representative Emmi De Jesus, summed up the issues and concerns affecting women in the acronym CHANGE which stands for Comprehensive social services focused on health, education and housing; Human rights and social justice; Anti-discrimination and anti-violence against women and their children; Na t i o n a l S o v e r e i g n t y ; Genuine land reform and national industrialization; and Environmental protection and disaster preparedness. For her part, DSWD Secretary Judy M. Taguiwalo enumerated the gains of the Department under her leadership in the first 100 days of the Duterte administration which include assistance to Lumads who returned to their ancestral lands, repatriation of OFWs stranded in Saudi Arabia, GRP and NDFP Peace Talks, Anti-Drugs Campaign, and the pursuit of an independent foreign policy, among others.
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Sec. Ta g u i w a l o emphasized that the DSWD is geared towards providing, “ Tunay na malasakit sa mga mamamayan, tapat na paglilingkod na walang puwang ang katiwalian, at patas na pagtrato sa komunidad (Compassionate and genuine ser vice to the needy, with no hint of corruption and equal treatment to everyone in the community).” S e c . Tag u iw a l o a ls o stressed on the importance of uniting the people to act on their rights and interest as any meaningful change can only come from the people. “They are the real makers of history,” she added. Also present at the forum was Undersecretary Joel Maglunsod of the Department of Labor and Employment ( D OL E ) w ho prov i d e d updates on the clamor to end contractualization or ENDO, and the call to raise the salaries of workers and employees both from the private and public sector. He said that even though President Duterte has already declared an order to end c ont r a c tu a l i z at i on, t he workers and people should continue to act towards these goals and to assert their rights; contractualization has been ongoing for many decades now and is deeply entrenched in the system.
The forum ended with an open forum between the guest speakers and the employees from different government agencies.
Premium... from page 5
times of unexpected medical needs. Payments may be made at any of the accredited collecting agents and Local Health Insurance Offices (LHIOs) nationwide. In the meantime, however, monthly payment may be made in PhilHealth Regional Offices and /or LHIOs. (PNA)
Converge... from page 5
estimated 20 million homes in the Philippines; 2.2 million of these still utilize copper technology while less than 300,000 are connected with fiber optic technology. Converge ICT saw its revenues rise by around 30%-35% from a year ago. Currently, it stood at P2 billion and the company is “on-track to hitting its targets this year.” It has around 100,000 subscribers.
Eastwest... from page 7
for our customers and for the stakeholders. Being a wholly-owned subsidiary of East West Bank, we shall take advantage of the established
business channels, market base, and the expertise of its management and Board of Directors,” Mr. Inabangan said. Earlier, EastWest Bank President Antonio C. Moncupa, Jr. eyed a 30% growth in the bank’s profit by yearend, primarily driven by its core businesses and returns form its initial investments. The Gotianun-led bank posted a 55% increase to reach P1.56 billion in its net income in the first half of the year on the back of sustained growth in its core earnings. EastWest shares shed 36 centavos or 1.91% to close at P18.50 apiece on Wednesday.
NEDA...
from page 7 proposal. E a r l i e r, a D O L E memorandum directed the Regional Tripartite Wages and Productivity B oard (RTWPBs) to study the wage hike proposal in line with the planned legislative measures for this. Labor Undersecretary Joel Maglunsod, a former representative of the leftist partylist Anakpawis, has expressed optimism on the proposal’s approval under the current government, given that most of the House of Representative members are with the majority bloc. However, employers’
groups are not amenable to the proposal, saying this would hurt their businesses and in turn affect the employees.
Leasing... from page 6
distributors of machineries and equipment. “ The challenge is to p e n e t r at e t h e m a r k e t , establish market recall and be noticed by competitors aside from creating value for our customers and for the stakeholders. Being a wholly-owned subsidiary of East West Bank, we shall take advantage of the established business channels, market base, and the expertise of its
management and Board of Directors,” said Inabangan. The Philippine leasing industry, which began in the late 1950s, remains strong, with plenty of opportunities ahead. Over the years, the thriving leasing and finance sector has been benefitting from the sustained economic growth, investment grade boost, tamed inflation and lending rates, and the huge consumer market of almost 100 million Filipinos. At present, the market is dominated by the major leasing companies operating in the country, most of which are also subsidiaries of top domestic banks.
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Pool... from page 1
recent annual gathering of church and labor leaders in the city. Bishop Felixberto L. Calang said that Labor S e c re t a r y S i l v e s t re H . Bello III’s pronouncement prohibiting new manpower agencies from entering into contracts with businesses is not enough. “Under Department Order No. 162 Series of 2016, it is clearly stipulated that existing contracts will not be affected. So tuloy pa rin ang ligaya ng mga businesses at the cost of the workers,” Mr. Calang said. Under the current practice, business establishments tap manpower agencies to provide them workers or labor pool on a six-month rotation basis, fire them and later on renew their work contracts for another six-month cycle, effectively skirting Labor Code provisions for security of tenure. L ast Ju ly, Mr. B el lo prevented businesses from entering contracts with new manpower agencies. But under Section 3 of his directive, he has given existing agencies a go-signal to renew contracts with their respective clients. Mr. Calang said that both church and labor leaders in the city will further strengthen their resolves to pressure the government to finally put an end for such practice. The labor unions which heeded the call of the Church in the October 12 gathering were Kilusang Mayo Uno, C e p a l c o Un i on , C WS , MCCELU-NAFLU, Misamis Oriental Farmers Association, Parola-KADAMAY, Boreto (Holcim) and several others. Other churches also expressed their support, among them the Roman Catholic Archdiocese of Cagayan de Oro, the United Church of Christ in the Philippines and the United Methodist Church.
Transfer... from page 1
that when Mr. Duter te expressed his disinterest in implementing the Enhanced Defense Cooperation Agreement (EDCA) with the United States, the city government had expected that the government will also forego the utilization of the old Cagayan de Oro airport which had already been identified by City Hall as a mixed-use development zone. The City’s plan, drawn in collaboration with UN Habitat planners and local architects, was hatched in August 2015 or three months before the Supreme Court ruled in favor of EDCA. Last October 14, a pre-bid conference was held at the old airport site itself which is currently being used by PAF’s Technical Operations Group (TOG) 10 for the planned relocation of the 15th Strike Wing from its current base at Sangley Point, Cavite. The DND has already
secured P987 million budget under the 2015 National Appropriation Act. The first phase of the project involves demolition of all existing structures, including some houses of local residents. City investment and promotions officer Eileen E. San Juan earlier said that the Civil Aviation Authorities of the Philippines (CAAP), the current owner of the property, is busy relocating the affected residents. The second phase will be the construction of the wing commander’s quarters and more than a dozen officers quarters as well as a sewage treatment plant and overhaul of the electrical, water and drain systems. The 15th Strike Wing is the primary attack unit of PAF. It has a total of 13 squadrons under its fold manning OV-10 attack planes, SF-260 ground attack aircraft, MG-520 attack helicopters and the brand new AW-109 attack helicopters. The 15th Strike Wing’s colorful history peaked at its highest in the late 1980s. Then wing commander Col. Antonio Sotelo’s decision to defect to pro-EDSA forces in 1986 was instrumental in swinging the tide of the People Power Revolution to the perpetrators’ favor, paving the way for the rebels to control the skies and u lt imately oust ing then President Ferdinand Marcos from power. In the December 1989 coup attempt, rebel pilots participated in an aerial barrage around Malacañang before they were being suppressed by progovernment pilots from the 5th Fighter Wing. In t h e 1 9 9 0 s up to the present, there were no remarkable incidents involving the 15th Strike Wing as the political climate in the country stabilized.
LTFRB... from page 1
The sticker said LTFRB-10 acting regional director A m i n o d e n G u r o, w i l l determine whether the taxi has a franchise or not. Through the bar code, taxis without the LTFRB franchise can be detected right away. Taxis without the yellow sticker will be apprehended right away and penalties will be imposed on the operator. Guro said they have already informed the taxi operators to have their units be tagged with yellow sticker by going to the LTFRB-10 office. He said they’ve printed around 5,000 yellow stickers. These stickers are free of charge, he added. During the first week of the campaign, taxi license plates ending with “1” and “2” will be tagged. Guro said they expect to complete the tagging by December to enable them to determine the exact number of taxis legally operating in the region. A taxi operator who has not issued an LTFRB franchise will pay a fine of P50,000 per unit.
Guro said the tagging of taxis will make the LTFRB-10 personnel’s job easier in going after erring operators. After taxis, he said other PUVs such as jeepneys, vans, and buses will be tagged as well. “This (tagging) is the best mechanism that we have introduced to abolish colorum PUVs,” he said. At present, the moratorium on issuance of new PUV franchises by the LTFRB is still in effect. But, Guro s aid, t he LTFRB-10 has submitted to Regional Development Council-10 (RDC) chair and Bukidnon Gov. Jose Maria Zubiri Jr. the Region 10 Public Land Transportation Agenda 2016 where one of the points the agency raised was to lift the moratorium purposely to legalize the operation of colorum vehicles.
Gambling... from page 2
outlets also resulted in the closure of 20 authorized outlets, loss of PCSO income and government’s share from PCSO and reduction of medical assistance to indigent residents. With the proliferation of the illegal lotto number game, the PCSO in Northern Mindanao now earns only about PHP30 to PHP60 million a month compared to the monthly revenue of about PHP130 million a month before. Ocon said that it would be ideal if a joint antiillegal gambling task force composed of representatives from the National Bureau of Investigation (NBI), PCSO, the Philippine National Police (PNP), and the local government unit will be created. (PNA)
Hurst... from page 4
The final guideline is you have to invite God to the fight. You need to ask Jesus Christ to take control of your heart and marriage. Only He can give you the willpower, love and self-control you need to start winning your fight against your uncontrolled anger that will hurt, even destroy, your marriage and family. Just Think a Minute…
Bunye... from page 4
logged thousands of miles travelling between Manila and Oslo. In a text message, he said he would “exert his best efforts” to bring home the bacon. Dominguez, one of the anchors of the economic team, was a former secretar y of agriculture and also a former minister of natural resources. As then agriculture secretary, Sonny and I (as then Mayor of Muntinlupa) were corespondents in a criminal case filed by a cooperative which enjoyed a virtual 50-year lease of the Alabang public market. The then Municipality of Muntinlupa c ancel le d t he le as e for having been done beyond the period allowed by law and without public bidding. The cooperative manager, who just lost his golden hen, went to the Ombudsman. Cu s i , a for m e r P PA general manager and former GM of the Manila International Airport Authority, aims to ensure a reliable, steady and affordable power supply. He is very much open to revisiting the use of nuclear power. Andanar, a former TVradio anchor, has his job cut out for him. He is called upon to effectively communicate the messages of the Duterte administration to the public. Note: You may email us at totingbunye2000@gmail. com. You may also like us on Facebook at “Speaking Out”.
Doring... from page 4
go hungry any more, nobody must be despairing, nobody must be worried about wars and catastrophes, and everybody could be able to enjoy health and happiness without bearing trials ... yes, if ... Then we wouldn’t need fairy-wishes... Real life looks different. Real life is not a fairy tale. We need prayers and should be more respectful and friendly to each other. Each one of us has his or her own three wishes. Me too. One of them is: I wish
REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT OF LANAO DEL SUR 12th JUDICIAL REGION Hall of Justice, Marawi City OFFICE OF THE EXECUTIVE JUDGE IN RE: PETITION FOR NOTARIAL COMMISION NOT. COM. 423-16 FOR THE PROVINCE OF LANAO DEL SUR AND MARAWI CITY ATTY. FARHANISAH D. COMACASAR X----------------------------------------------/ NOTICE OF SUMMARY HEARING Notice is hereby given that a summary hearing on the Petition for Notarial Commission in the City of Marawi and Province of Lanao Del Sur of Atty. Farhanisah D. Comacasar, shall be held on October 20, 2016, 8:30 o’clock in the morning at RTC-Branch 10, Marawi City. Any person who has cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned Executive Judge, before the scheduled date of the summary hearing.
Marawi City, Philippines, this 8th day of September, 2016.
BWM: October 3, 10 & 17, 2106
(Sgd.) WENIDA B.M. PAPANDAYAN Presiding Judge
peace on earth! +++ Comments, suggestions or questions? Email me: doringklaus@gmail.com or follow me
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Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL SUR 12th Judicial Region BRANCH 10 Hall of Justice, Marawi City JEANA MONTERROYO GOESCHEL, Representing her minor child COURTNEY KYLE ALMANZOR MONTERROYO, Petitioner, SPL. PROC. NO. 2409-16 -versusLOCAL CIVIL REGISTRY OF ISLAMIC CITY OF MARAWI, and all persons claiming Rights under it, Respondents. x-----------------------------------------------------x ORDER Before this court is verified petition for correction of entry in the Certificate of Live Birth of Courtney Kyle Monterroyo Goeschel, dated September 13, 2016 and which reads in part: 1. Petitioner is of legal age, Filipino, married and a resident of No.16, Kasoy Street, North Sginal Village, Taguig City where she may be served with summons and other processes by the Honorable Court thru the undersigned counsel; 2. That Respondent Civil Registry of Islamic City of Marawi is a government instrumentality which is impleaded in the action for the purpose that there may be complete relief granted to Petitioner. Its office is located at Guro Building, Perez Street, Marawi City; 3. Petitioner is the biological mother of minor child Courtney Kyle Almanzor Monterroyo; 4. Her minor child, Courtney Kyle Almanzor Monterroyo was born on January 2, 2009 at Cabil-isan, Maravilla, Palanas, Masbate, to parent, Jeana Almansor Monterroyo, the father being unknown, as evidenced by her Certificate of Live Birth issued by the National Statistics Office, hereto attached and marked as Annex “A”; 5. Her relatives, being unlearned and ignorant, did not know that the attending midwife submitted the Certificate of Live Birth of said minor child at the Civil Registrar of Palanas, Masbate, which in turn, submitted it to the National Statistics Office (NSO); 6. On January 6, 2014 or more than five (5) years after the birth of Courtney Kyle, her relative Mariam Dimasanca, ignorant of the fact that the birth of her minor child was already registered with the Civil Registry of Palanas, Masbate, caused a late registration of the birth of her child with the Civil Registrar of Islamic City of Marawi, Lanao del Sur, copy of which is hereto attached and marked as Annex “B”; 7. In order therefore, to avoid confusion as to the correct place of birth of Courtney Kyle Almanzor Monterroyo and as to the correct name, as well as to make the record truthful, it is but proper to cancel the late registration of the birth of Courtney Kyle Almanzor Monterroyo with the Office of City Civil Registrar of Islamic City of Marawi, Lanao del Sur; Finding the aforesaid petition to be sufficient in form and substance, it is hereby ordered that the same be set for hearing before this Court on November 9, 2016 at 8:30 o’clock in the morning. Let a copy of this Order be published at the expenses of the petitioner in a newspaper of general circulation in Lanao del Sur or Marawi City and Palanas Masbate for three (3) consecutive weeks; The Local Civil Registrar of Islamic City of Marawi and Civil Registrar General, or any person or party who has an interest in the petition, may file his/her opposition thereto within fifteen (15) days from notice of this Petition or from the last day of publication of this Order. Further, let this Order be posted for fifteen (15) days prior to the date of hearing in the Bulletin Board of the Local Civil Registrar of Islamic City of Marawi or Palanas, Masbate and the Bulletin Board of this Court, also at the expenses of the petitioner. The Petitioner is directed to notify this Court of the publication of this Order not later than three (3) days before November 9, 2016. Furnish copies of this order together with the copies of the petition to the Local Civil Registrar of Islamic City of Marawi, the Hon. Solicitor General, Makati City and the Hon. Civil Registrar General, Philippine Statistics Authority (PSA), Santa Mesa, Manila.
SO ORDERED.
Marawi City, Philippines, September 20, 2016.
(Sgd.) WENIDA B.M. PAPANDAYAN Presiding Judge
BWM: October 3, 10 & 17, 2016
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monday|october 17, 2016