BusinessWeek Mindanao (October 28, 2020)

BusinessWeek M I N DA N A O CREDIBLE

Volume XI, No. 62

Market Indicators AS OF 6:00 PM OCT. 27, 2020 (TUESDAY)

FOREX

PHISIX

US$1 = P 48.395

6,491.19

8.5

X X Briefly

cents

7.13

points

Response playbook CAMIGUIN province launched its own "pandemic response playbook" as it is poised to gradually reopen its tourism industry amid the coronavirus disease (Covid-19) pandemic.

As one of the provinces with the least number of Covid-19 cases, Camiguin has been preparing for the reopening of its tourist destinations once the national government decides to allow the tourism industry to fully resume operations, said Gov. Jurdin Jesus Romualdo.

Romualdo noted that the country’s tourism sector has been suffering from the imposition of quarantine protocols that resulted in the closure of resorts and other tourism-related establishments all over the Philippines.

CARES-2 Program MEDIUM-sized enterprises can now borrow from Small Business (SB) Corporation’s Covid-19 Assistance to Restart Enterprises (CARES) program funded by the Bayanihan to Recover as One (Bayanihan 2) Act. The Bayanihan 2 allotted PHP10 billion for the loan programs of SB Corp. to assist businesses that were affected by the coronavirus disease 2019 (Covid-19) pandemic.

When SB Corp. initially rolled out the program, it only accepted applications from micro and small enterprises (MSEs).

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Coal still accounts for 54.6% of power mix www.businessweekmindanao.com

Wednesday|October 28, 2020

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By MYRNA VELASCO, Contributor

LEAN energy sources will be ‘green with envy’ as coal fuel sustained its dominance in the country’s power generation mix last year with a share of 54.6 percent, according to Department of Energy (DOE) data presented in the Senate.

Coal’s fraction in the power generation pie was followed by natural gas with 21.1 percent share; then geothermal at 10.1 percent; hydro at 7.1 percent; oil at 3.5 percent; while renewable energy (RE) was practically dwarfed at 3.1 percent.

Total electricity generation last year had been higher by 6.3-percent to 106,041 PAWOD. Nipa workers load a truck with “pawod” (nipa shingles) in Barangay Lobogon gigawatt-hours, according in Del Carmen town, Siargao Island. Demand for nipa roofing has increased due to to the energy department. the rainy season but it is not enough to make up for their losses due to COVID-19.

Nipa sales at 10 pesos a piece. photo by roel n . catoto

For RE-based power generation, the department indicated that this was down by 5.5 percent to 22,044GWh. The array of RE resources, including hydro, geothermal and the variable sources like wind and solar, contributed 20.8 percent in the power mix a year ago.

In a separate report by the Independent Electricity Market Operator of the COAL/PAGE 11

Proposed Marawi compensation: from P176,000 to P1.76-M

By CAROLYN O. ARGUILLAS, MindaNews

DAVAO City — Displaced Marawi residents whose residential or commercial

buildings were destroyed du r ing t he f ive - mont h siege in 2017 will receive,

according to a proposed law, a minimum of 176,000 pesos to a maximum of 1.76 million pesos in compensation, not MARAWI/PAGE 11

Mindanao corn silo program gets financial aid from DBP DAVAO C i t y – L o c a l government units (LGU) i n M i n d a n a o t h at a re participating in the Corn

Grains Silo Storage (COGSS) project will get access to a loan facility for operating capital from the Development Bank

of the Philippines (DBP), the chairman of the Mindanao Development Authority CORN/PAGE 11

FLOWER POWER. Mel Llanto, interim president of Gulayan Sa Cancohoy, one of 35 farm organizations of Hardin ng Pagbabago, a community-driven initiative for peace and sustainability, picks dried flowers for propagation. The presence of flowers at the communal garden distracts insects from attacking organic vegetables nearby. mindanews photo by roel n . catoto

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WEDNESDAY|OCTOBER 28, 2020

Caraga tallies 229 Covid-19 recoveries in 4 days

B

UTUAN City – Recoveries from coronavirus disease 2019 (Covid-19) continue to increase in Caraga Region, as the Department of Health (DOH-13) recorded 229 recoveries in the area in the past four days.

Based on the agency's records, recoveries in the region

stand at 1,828 as of Oct. 25 (Sunday) from 1,599 on Oct. 22, with 678 remaining active cases, and 113 reported deaths.

The region also registered 27 new Covid-19 cases on Sunday, of which 56 percent of the patients are aged 21 to 50 years old.

As of Monday, DOH-14 said Caraga Region has 2,619

cases since the pandemic was declared in March this year.

“Thirteen of the new cases are asymptomatic, nine have mild symptoms, four with severe, and one is considered on critical condition. All the new cases are now quarantined and managed accordingly,” the DOH-13 said in a situational report released Monday.

Two deaths were also reported in the area on Sunday that includes a 49-year-old male from Magallanes, Agusan del Norte and a 65-year-old female from Placer, Surigao del Norte.

The agency added that local transmission of the virus in Caraga now stands at 1,956 or 75 percent of the total number of infections.

A total of 317 healthcare workers and 90 front-liners also contracted the virus in the area while performing their duties and responsibilities.

DOH-13 also recorded a total of 303 Covid-19 infections among locally-stranded individuals (LSIs) and 63 returning overseas Filipinos (ROFs). (PNA)

Senate committee OKs Maguindanao split

COTABATO City– The Senate Committee on Local Government has supported the proposal to divide Maguindanao province into two areas, a Maguindanao lawmaker said Monday.

This, as the Senate committee, chaired

by Senator Francis Tolentino, approved on the same day House Bill (HB) 6413 that seeks to divide Maguindanao into Northern and Southern Maguindanao provinces pending the recommendation by the Technical Working Group (TWG) to determine the center of government in the “would-be” Southern Maguindanao.

The bill, which has hurdled its third and final reading in the House of Representatives, designates Buluan town

as the provincial seat of government for the South while Datu Odin Sinsuat town will represent the North.

After the recommendation of the TWG, a Senate committee report will be submitted

to the plenary, and it will be used as a basis for a bicameral meeting before the anticipated passing into law of the proposition.

HB 6413 is sponsored

by Maguindanao 2nd District Rep. Esmael Mangudadatu along with

Tarlac 3rd District Rep. Noel Villanueva and Maguindanao 1st District Rep. Roonie Sinsuat Sr. while Senate Bills 1714 and 1824 were filed by Sen. Cynthia Villar and Tolentino, respectively.

In his manifestation

to the Senate committee, Mangudadatu urged the Senate leadership to support House Bill 6413 by adopting a substitute bill following the content and design of HB 6413 and SB Nos. 1714 and 1824 concerning SB No.

1274 filed by Sen. Ramon Revilla Jr. All three legislations similarly seek the creation of Northern and Southern Maguindanao provinces, including the naming of Buluan and Datu Odin SPLIT/PAGE 9

MaNHS Goes For SLMs Distance Learning Modality By: MELENDE B. CATID, PhD

The sudden blow of the recent global challenge paves the urgent entrance of the New Normal System which most are loosely embracing. A drastic change is evident in all fields, institutions, agencies and many more to mention in all walks of life. .There is a swift twist of route and program including the educational system being led by the Department of Education. Nonetheless, school operation is deemed t o op e n f or e v e r y on e values education as a very important thing, and after all, no one can be against it. Subsequently, “Face to Face “instruction is deleted in the main course so as to let the ball of education roll over anyhow. Here, comes out the Distance Learning program which includes: On- line Learning System; S elf-Learning Modular System; (SLMS); T V & Radio Broadcasting System.

Matangad National High School has opted for SelfLearning Module System taking into consideration the low internet connection in different areas of the

locality ; only few have televisions with flash Drive; and no radio station access.

In this chosen modality, teachers are bound to do the massive printing of modules by learning areas respectively, then sorting and binding followed. For a smooth delivery, the school prepared a durable plastic e nv e l op e w it h h a n d l e allotted for every learner where modules are safely placed during the delivery and retrieval. As informed during the Orientation conducted, only parents are allowed to get and return the modules every Friday of the week. Such task activity in school followed the norm of Health protocol b a s e d o n t h e Int e r – Agency Task Force (IATF) program. Hence, envelopes containing the modules are being disinfected by the respective advisers during deliver y and retrieval.

These would stay for 48 hours in the classrooms before distributing them to the respective subject teachers for the checking of work sheets. In the school scenario, parents

are not allowed to come without face mask and face shields. They need to stop at the hand washing facility outside the gate and would step on the foot wash bin before entering the campus for a thermal scanner check. They have to pass along a separate ways in going in and out of the classroom with strict observance of one meter distance being monitored by the school guard and with the assistance of the assigned faculty and staffs.

The distance learning system being implemented

by Mat angad Nat iona l High School is found no complexities except for s om e i nst an c e s w h e re parents and guardians could not come exactly on t h e s p e c i f i e d d at e announced to get the said modules. This, I would say ,that education is like a rivulet that finds its all means despites of the impeding humps along, just to make a way through the ocean of relief. This is exactly how resiliency is demonstrated in the real sense.

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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WEDNESDAY|OCTOBER 28, 2020

Emperador’s global presence continues to expand across North America, Europe and China

M

ANILA, Philippines - Emperador Inc. – the world’s largest brandy company owning the iconic Emperador Brandy and Fundador Spanish Brandy de Jerez – continues its

aggressive growth across North America and Europe during the first nine months of the year even as the global pandemic adversely hit most countries in these continents.

Fundador, Tres Cepas,

Emperador now owns the historic Bodegas Fundador in Jerez de la Frontera, Spain.

and Emperador brands have been growing consistently, particularly in the United States, Canada, Italy, Spain, United Kingdom and Greater China. In Spain, brands owned and produced under Grupo Emperador España S.A. continue to dominate the brandy market with 40% market share.

Fundador has been particularly showing spectacular performance even in North America.

In the United States alone, Fundador achieved 23% growth during the first nine months of the year. In Canada, sales have also tripled during the first nine months as Fundador Light has been made available in Alberta, Canada as a new expression this year. The new Fundador Double Light was also rolled out across the US. Meanwhile, in the United Kingdom, Fundador grew 185% during the first nine months, while in Italy, it recorded 15% growth during the same period.

Emperador’s brandy performance, on the other hand, achieved 8%

Emperador’s vineyard in Toledo, Spain spans across more than 1,000 hectares.

growth in Mexico during this period.

“We are glad that the company was able to deliver solid performance in the first nine months of 2020 on the strength of its international business that we have developed in the past five years. The highest international growth comes from China, which is expected to more than

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double from last year, which will be driven by the premium single malt brands and brandy. We are confident that this will pave the way for further growth in the future for Emperador,” says Glenn Manlapaz, chief executive officer, Emperador International.

As international sales of its brandy and whisky products in

DANICA SUDARIA

various markets around the world, Emperador recorded 11% growth in its net income to P5.9-billion during the first nine months of the year while third quarter earnings achieved 26% record growth to P2.5billion as overseas demand for its products surged amid the global pandemic.

EMPERADOR/PAGE 11

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Opinion

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Feature Editor

ACCORDING to a recent BSP report, about 80 percent of Filipino citizens nearing retirement age, or had already retired are financially hardup, more so unprepared in facing off the high cost of living even before the onset of Covid-19 pandemic.

The report further states that eight out of 10 senior citizens do not receive sufficient pension to fully cover their living expenses.

Of the country’s current

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The ugly, undisputed queen Think a minute… When she was born in 1874 in the European nation of Hungary, Kincsem did not look at all like a champion racehorse. In fact, she so lacked the strong features of a winner that her owner immediately sold her.

Kincsem became the new owner’s least valuable horse, so he put her in the smallest, darkest stall at the end of the stable. A few nights later a small gang of gypsies stole Kincsem. The thieves were caught and the horse returned to her owner. He asked the gypsy leader why of all his 59 beautiful horses, the gypies had chosen to steal Kincsem?

The gypsy chief answered: “Horses, like people, do not have to be beautiful to be great.”

Interestingly Kincsem’s name means My Fortune.

Yet her size and features were not right for a race horse, especially her skinny hind legs. But in June of 1876, as a two-year-old she ran her first race...and won. No one was more surprised than her owner. Two weeks later she raced and won again!

Strangely, Kincsem started every race in last place. In

JEROME DE LA FUENTE The Coronavirus pandemic has put travel on hold for many holidaymakers this year. Passengers, airports, airlines and hotels have all been affected, with thousands of trips continuing to be delayed or cancelled.

With the number of cases rising again and many cities and countries being placed on lockdown, what do you do to pass the time if you find yourself quarantining while on vacation? You might think that there are pretty limited

those days they did not have starting gates, and she always stood lazily behind the starting line and did not begin running until after the other horses were already racing down the track. Then she would shoot from the starting line, kick in to high gear, and pass them all to win!

Eventually Kincsem was entered to run against the winner of the German Derby, Europe’s biggest horse race.

Ten thousand people watched in wonder as this ugly, skinny mare beat bigger, stronger stallions. There had never been a champion like this before...nor since. Incredibly, Kincsem won every race she UGLY/PAGE 9

malls and groceries. The irony is that not all senior citizens can afford to go to these malls.

And most often than not, carinderias and sari-sari stores does not honor this 20 percent discount.

But the most depressing of t h i s d i s c ou nt i s it s haphazard implementation and this becomes a jeopardy, an upf ront debasement of dignity and respect of the rights and privileges a c c ord e d to a l l s e n i or citizens.

The time has come for C ongress to revisit the Expanded Senior Citizens Act of 2010.

UNRUFFLED

RUFFY MAGBANUA This act is next to begging.

A trusted social coverage with high coverage and adequate benefits could very well serve justice to all seniors out there. (ruffy44_ ph2000@yahoo.com)

options as to what can be done in a hotel room, but you might be surprised! Here’s our collection of suggestions as to what you can do to pass the time whilst quarantining from your hotel.

Exercise If you’re confined to a set amount of space then it’s important that you continue to move around and stay active. Your fitness level doesn’t matter, as long as you’re getting in at least one hour of daily movement while you can’t walk around outside.

There are plenty of free fitness apps available on smartphones that’ll let you pick a routine that suits your fitness level. Yoga and meditation exercises will also be highly beneficial for your physical and mental well-being at this time.

Play online in a virtual casino The choice of TV channels in hotel rooms is minimal at

best. Rather than spending hours re-watching the news -which let’s face it, is pretty depressing at the minute - why don’t you play some online games on a virtual casino site?

From bl ac k jac k a nd roulette to more modern games such as Street Fighter and Jumanji, these websites are a great way to kill some time. You also might benefit from winning jackpots and adding some extra bucks into your bank account if you’re lucky!

Clean Since you’ll be quarantined in a hotel room, it’s highly unlikely that you’ll have any housekeeping visits.

Keeping your space clean can help with building a sense of accomplishment and efficiency each morning.

It’ll also benefit your mental health if you’re not confined to a messy space.

W he t her it ’s si mply ma k ing your bed ever y

morning, deep cleaning the bathroom or hanging up your clothes in the closet space provided, you’ll feel much better being in a clean and tidy environment.

Online Learning A not her way to stay productive in your hotel room is to learn something you’ve always wanted to know. The opportunities for online learning are pretty much endless!

Why not try learning a new language on Duolingo, a new career skill on LinkedIn Learning or a new dance move on Youtube? Whatever it is, you’ve got nothing but time while quarantining!

Socialise It’s important to not forget to socia lise! Just because you’re locked away quarantining doesn’t mean that you can’t use technology to socialise with co-workers, friends and family. Make sure you spend a few hours STUCK/PAGE 9

A ‘firestorm’ in a teacup?

THINK A MINUTE

JHAN TIAFAU HURST

population of 107 million, 7 . 6 m i l l i on are s e n i or citizens.

Of that number, only 20 per cent are covered by either the Social Security System (SSS), or the Government Service Insurance System (GSIS).

There are laws that provide benefits and privileges to senior citizens, yet a lot of them does not know the scope of entitlement to enjoy life in their prime time.

O ne of t he p opu l ar privileges enjoyed by a senior citizen is the 20 percent discount.

But this is only good in

How to pass the time if you’re stuck quarantining in your hotel room

ATTY. MARIO T. JUNI

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“We must build a new world, a far better world one in which the eternal dignity of man is respected” — Harry S. Truman

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WEDNESDAY|OCTOBER 28, 2020

SC rights dignified

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Motoring Editor

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WHAT a day it was! Still quite early in the morning, I already received several c a l l s f rom f r i e n d s an d acquaintances asking for urgent clarifications about what they heard from the Pope. Apparently, from what they read in some news outlets, the Pope is now changing Church teaching about same-sex union. He is now for it. That was the gist of their concern.

Admittedly, I felt alarmed as well, since many of those who called were known to me to be spiritually and doctrinally well-formed.

And so I dove into the gathering storm to see what the real score was.

Of course, I always try to restrain myself in my reactions to news items, knowing that journalism, even in its best condition, of t e n g i v e s s up e r f i c i a l account of any issue. I have to control my knee-jerk reaction.

As I found out from my initial efforts, the Pope was simply trying to give a more charitable accommodation

to persons with same-sex attraction. They should not be ostracized, they should be made part of a family, he said in so many words.

That’s when he suggested that some laws may be made that would enable such p e rs ons to e nj oy s ome legal protection for their b asic r ig hts as p ers ons and citizens without being u n d u l y d i s c r i m i n at e d .

That’s when many of the news outlets twisted things by saying that the Pope is now in favor of legalizing same-sex unions.

At f i r s t , I d i d n o t know that the Pope was misquoted, and so my line of thinking was along the understanding that the Pope was now for some civil same-sex union law if only for those persons concerned to enjoy some legal rights as persons and citizens.

I dismissed the thought that the Pope was simply for same-sex union law for the sake of that law alone, but rather, so that these persons can enjoy and be protected in the same basic

rights as the others.

I made the distinction between tolerating a lesser evil to achieve a greater good and approving what is morally wrong. In this life, no one can avoid having to deal with some forms of evil. We just have to learn to live with them as best that we can, without compromising what is really essential.

Later on, I discovered that the Pope was misquoted. What he actually said was that he wanted laws that would allow civil coexistence or convivence for p ers ons with same-sex attraction, not laws that would allow same-sex unions. And so, I modified my initial view on the issue a little. I believe that the Pope was not asking for such laws to be made.

Just t he s ame, s ome sectors, headed by a prominent priest, are disputing that claim. They believe that the Pope is really calling for laws for same-sex unions for further protection of the LGBT

HINTS AND TRACES

ROY CIMAGALA rights. And the Pope, so far, has not made a clarifying statement.

So, it is still a developing hot issue. Just the same, I know that however this issue goes, some good will always be derived. The truth will always triumph, sooner or later.

We shou ld just pray hard and try to engage in discussions and exchanges that are characterized by earnest desire to know the truth and what is fair in an atmosphere of charity, respect for one another, regardless of how sharp the differences and conflicts are.

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WEDNESDAY|OCTOBER 28, 2020

SM Prime posts P14.4-B net income in 9 months

S

M Prime Holdings Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported P14.4 billion consolidated net income in the first nine months of 2020, down by 48 percent from P27.6 billion in the same period last year.

Consolidated revenue also declined by 29 percent to P60.7 billion from P85 billion.

“SM Prime’s core businesses, primarily its malls, showed slight recovery as the government started to reopen more industries to help the economy going into the second half of the year. We have also implemented tighter controls on our expenses achieving a major reduction in operating expenses quarter on quarter. Nevertheless, we continue to provide further assistance to our various stakeholders as well as to the

programs led by the government in containing the spread of the virus and strengthening back our economy,” SM Prime president Jeffery Lim said in a statement Monday.

In the January to September period, SM Prime’s Philippine mall business registered P18.3 billion revenue, 57 percent lower from last year’s P42 billion.

Local malls’ rental income recorded P16.8 billion, 52 percent lower from P35.1 billion in the same period last year.

SM Prime’s residential business, led by SM Development Corp.

(SMDC), recorded a 7-percent increase in revenue in the first nine months of 2020 to P34.2 billion from P31.9 billion in the same period last year.

SMDC’s reservation sales have reached P66.7 billion in the first three quarters of 2020, slightly

higher from last year’s P66.4 billion.

With the resumption of construction in new and expanding SMDC projects, the company is expecting to add more units in its inventory while continuously offering its ready-for-occupancy (RFO) units of 1,650 units, down from 2,292 units in the same period last year.

SM Prime’s commercial properties business reported P3.7 billion revenue in the first three quarters of the year, while the group’s operating income reached P3.3 billion.

Meanwhile, the company’s hotels and convention centers business segment registered P1.3billion revenue for the first nine months of 2020 as it started to cater to a wider market with the easing of quarantine measures in key areas in the Philippines. (PR)

Medium firms now included in CARES 2 loan program MEDIUM-sized enterprises can now borrow from Small Business (SB) Corporation’s Covid-19 Assistance to Restart Enterprises (CARES) program funded by the Bayanihan to Recover as One (Bayanihan 2) Act. The Bayanihan 2 allotted PHP10 billion for the loan programs of SB Corp. to assist businesses that were affected by the coronavirus disease 2019 (Covid-19) pandemic.

When SB Corp. initially rolled out the program, it only accepted

applications from micro and small enterprises (MSEs).

SB Corp., the financing arm of the Department of Trade and Industry (DTI), will start accepting loan applications for CARES 2 program on Tuesday after Typhoon Quinta delayed the operation of the online loan application system.

The SB Corp. can extend loan amount of P10,000 for businesses with minimum asset size P50,000; P20,000 loan for businesses with P100,000 minimum asset; P40,000 for those with a minimum

asset of P200,000; P60,000 for those with a minimum asset of P300,000; P80,000 for those with a minimum asset of P400,000; and P100,000 for businesses with minimum asset amounting to P500,000.

For businesses with a minimum asset of P750,000 and minimum annual sales of P1 million, they can borrow P150,000 worth of loan.

SB Corp. can lend P200,000 to those with minimum assets of P1 million and minimum yearly sales of P1.5 million.

Instead of loan interest, SB Corp. only collects service fees of 4 percent for loans with a one-year term, 6 percent for two-year loans, and 7.5 percent for three-year loans.

It also gives a grace period of three to six months before the borrower can start to pay the loan.

Just last week, the government announced that distressed businesses can tap the CARES 2 loan program to pay for the 13th month pay of their employees. (PNA)

Globe proactively engages in corporate governance best practices The pandemic has raised significant challenges given the restrictions, issues, and risks that businesses need to face daily in their operations.

It now becomes more important for Globe to continue to ensure that it proactively engages in corporate governance best practices in order to adjust swiftly to the changes in business environment while maintaining or increasing the company’s value to its stakeholders.

Placing emphasis on corporate governance is essential to balance the interests of the organization’s diverse stakeholders such as the government, financial market regulators, its

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CorporateWorld

employees, customers, investors, and partners, among others. Corporate governance enables Globe to operate its business while ensuring that the interests of the company’s internal and external stakeholders are protected and addressed.

“Corporate governance in Globe is everybody’s business and this is key to sustaining value in our corporate governance culture. Collaboration between and among stakeholders result in the effective execution of initiatives that embrace the digital times we live in and adapt to the aggressive business environment we operate in, thereby, achieving equilibrium

between governance and business,” said Marisalve Ciocson-Co, Globe Senior Vice President - Law and Compliance, Chief Compliance Officer and Assistant Corporate Secretary.

After ensuring that its employees and customers are properly taken care of during the first few months of the pandemic, Globe progressed on to evaluate governance impact on the business as well as implement the necessary measures to bounce back and focus on business approaches that are appropriate to current circumstances.

Business resiliency is an essential part of the company board’s risk

oversight function. It is grounded in the obligation to periodically review management’s plans to recover from catastrophe and disaster, in this case the COVID-19 crisis, and ensure business continuity.

Alongside providing quality products and services to its customers, Globe adopts policies and practices that are beyond minimum requirements of applicable laws and regulations, and perseveres to sustain good corporate governance standards embedded in the company’s corporate culture and business conduct.

The company’s Compliance and GLOBE/PAGE 9

RESORTS, HOTEL & RESTAURANTS DIRECTORIES

A PUBLIC SERVICE BY:

ALGEN’S DIVE RESORT (088) 3872015 APPLE TREE RESORT & HOTEL 735411 / 754525 Fax: 754497 0917-7144040 / 0923-3269366 / 0939-9076948 BAHAY BAKASYUNAN SA CAMIGUIN (088) 3871057 / 3870131 Fax: 3870278 BASAMANGGAS RESORT 08822-760564 Fax: 760565 CAGAYAN RIVERVIEW INN 8584245 / 729039 Fax: 8584245 CASA CRYSTALLA 8561704 / 722465 Fax: 722480 CASA ISABELLA (088) 8564065

CASA AZUCENA 8563402 / 09236593973

CHALI BEACH RESORT 732840 / 8552108 Fax: 8555941 CHANANTHON BED & BREAKFAST 8568189 / 3093095 COUNTRY VILLAGE HOTEL 8583004-06 Fax: 8583006 D’BUDGETEL 8564200/726643 Fax: 8564300 DAHILAYAN FOREST PARK 8568562 to 63

DE LUXE HOTEL 8572144 / 724548 Fax: 724563 DISCOVERY HOTEL 727814 / 8563896 Fax: 8563897 DUKA BAY RESORT (088) 3312290 Fax: 725265 DYNASTY COURT HOTEL 8574802 Fax: 857900 GRAND CITY HOTEL 8571900 / 728469 Fax: 723718

PRYCE PLAZA HOTEL 8583131 Fax: 726687 PRAWN HOUSE (088) 3095992 Fax: 8519219 RIDGE VIEW CHALET 8588946 / 8587946 Fax: 8588946 SEDA CENTRIO HOTEL 3238888 / 0917-577-5910 SOUTHWINDS HOTEL 724803 / 8562036 Fax: 8562036 STARGATE DREAM VACATION RESORT 8515003 / 8509999 THE VIP HOTEL 726080 / 8562505 Fax: 726441 RED PLANET 8800888/8801306 TRAVELERS POD 8518988 UPTOWN CONDOTEL 8511800 VILLA PARAISO APARTELLE 3870419 Fax: 3870429 HONORARY MEMBERS:

DEPT. OF TOURISM 723696/726394 / 8564048 Fax: 723696

RESTAURANTS:

BIGBY’S CAFÉ 72-1071/857-5511/8575836 Fax: 711843 CAFÉ LAGUNA 8582999 Fax: 8567001 DM VILLARUY RESTAURANT 733790

GOLDEN AJIRANG I 856-5271 Fax: 727876 GRAND CAPRICE RESTAURANT 72-6955/856-2302 Fax: 72-4986

HOTEL CONCHITA 8563856 / 727355 Fax: 8563857

KAGAY-ANON RESTAURANT 728958 / 8563688 Fax: 8563843 / 729003

HOTEL KORESCO 8589749-50 Fax: 8589748

LA ILONGGA RESTAURANT 72-6183 / 857-3652 Fax: 72-4605

HOTEL SOGO 8520383

KINGSTON LODGE 8585696 Fax: 8585696

MISSY BON BON 8566852 / 09228606442 Fax: 8566852

MAPAWA NATURES PARK 8584402 Fax: 725265 MALLBERRY SUITES 8541999 / 7249999 Fax: 8544999 MAXANDREA HOTEL 8572244/729943 Fax: 724090 MIAMI INN 8581901 to 02 Fax: 725279/728486 N HOTEL (088) 8801924 PARAS BEACH RESORT 8568563 Fax: 8568563 PHILTOWN HOTEL 726295 / 8564402 Fax: 723104

SLERS HAM & CAFÉ 8551438 THAI ME UP 738424/3108424 Fax: 738424 BARKADAHAN GRILL 8551234 LA TEGOLA CUCINA ITALIANA 8585959 LIMKETKAI LUXE HOTEL 8800000 DEAR MANOK 8564914 / 8573413 LIMKETKAI LUXE HOTEL Landline: (088) 880-0000, Mobile: 0917-312-4563 Email: info@limketkailuxe.com

6 2 DOST-SETUP Beneficiaries Ink Deal for DOST-FNRI’s E-Nutribun Technology Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

WEDNESDAY|OCTOBER 28, 2020

M

ISAMIS Occidental Malnutrition among children has been

in the limelight for decades, left unresolved.

In the pursuit of reducing

malnutrition, the Department of Science and Technology-Food Nutrition Research

BWM: Oct. 21, 28 & Nov. 4, 2020

Institute (DOSTFNRI) developed the Enhanced Nutribun or E-Nutribun. The enhanced bread

is packed with micronutrients, particularly iron and vitamin A. DOSTFNRI made sure that the product has undergone product standardization prior to rolling out to the public. General acceptability, appearance, texture, and taste were considered in the standardization runs.

In September and October 2020, Delta Business Ventures located in Aloran, Misamis OccidentalDistrict 1, and D’ Hermanos Pizza located in Tangub City, Misamis Occidental-District 2 inked a Technology and Licensing Agreement with DOST-FNRI for the E-Nutribun.

These two firms are now authorized to produce and commercialize

the product using the DOST-FNRI technology.

Delta Business Ventures and D’ Hermanos Pizza are both beneficiaries of the DOSTSmall Enterprise Technology Upgrading Program (DOST-SETUP). This program enables MSMEs to upgrade its production facility for better product quality, improve production efficiency, and increase productivity.

For Delta Business Ventures and D’ Hermanos Pizza, a partnership like this combined with the right technology should be a continuing effort to create a bigger impact in reducing malnutrition among children. (Rogelyn C. Calago, DOST-X)

BWM: Oct.28 & Nov. 4 & 11, 2020

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WEDNESDAY|OCTOBER 28, 2020

GSIS opens Php20B study-now, pay-later loan program for members’ kins In response to the call of President Duterte for credit support to education in light of the economic effects of the pandemic, state pension fund Government Service Insurance System (GSIS) President and General Manager Rolando Ledesma Macasaet announced that GSIS is opening today a Php20 billion study-now, paylater loan program for the college education of GSIS members’ kins.

“We will allow GSIS members who have at least 15 years of government service to avail of an educational loan for their kins in college.

The loan has a term of ten years but we will not require them to pay anything in the first five years.

So they don’t have to worry about the tuition of their children for the first five years,“ Macasaet explained in a radio interview.

Under the GFALEducational Loan (GFAL-EL), the maximum amount that may be borrowed per academic year is Php100,000 covering tuition and other school fees. The interest rate is only 8%.

A GSIS member

may nominate up to two studentbeneficiaries under the program. The two must be related to him or her up to the third degree of consanguinity or affinity and enrolled in a four-or five-year course in a private or public educational institution.

The loan proceeds will be directly paid to the school under the student’s account every semester or trimester until the beneficiaries finish their courses.

Members, including special members, who have at least 15 years of service may apply for the loan. They must not be on leave of absence without pay, have no pending administrative or criminal case, and have no past due GSIS loans (including housing loans).

They must also meet the required net take-home pay of Php5,000 after deduction of their monthly premium contributions and loan amortizations, and their agencies must not be on suspended status.

"The loan has an insurance cover to

protect the interest of the borrowers and their studentbeneficiaries. Thus it will be deemed fully paid in case the member or the student dies or becomes permanently and totally disabled," Macasaet said.

The documentary requirements for GFAL-EL are: (1) properly filled-

out application form signed by the member-borrower and duly indorsed by his or her agency’s authorized agency officer; (2) photocopy of the latest tuition fee assessment form; (3) photo copy of school ID (front and back) with three signatures of the student-beneficiary.

If the school ID

is not available, the borrower may submit any valid government-issued ID with photo, signature and date of birth of the student. If the member has a second student-beneficiary, the same documents are required to be submitted.

For other details on the program, interested parties

may visit the GSIS website, www.gsis. gov.ph, or official Facebook page, @gsis.ph; email gsiscares@gsis.gov. ph; or call the GSIS Contact Center at 8847-4747 (if in Metro Manila) or 1-800-8847-4747 (for Globe and TM subscribers) or 1-800-10-847-4747 (for Smart, Sun, and Talk ‘N Text subscribers).

Learning Delivery Modalities in Education MICHAEL A. LUMAJANG Head Teacher-I

P h i l i p p i n e e d u c at i o n must continue amidst this pandemic crisis we are facing today. We know, many people are found positive of the Corona virus but this is not the hindrance of moving for ward in order to acquire quality education among learners.

Teachers are innovative and our government is ver y supportive to the Department of Education (DepEd) programs. On the other hand, learners must develop knowledge holistically and strive hard to learn new things.

Teachers prepare students for global demand.

Online learning platform can be synchronous or asynchronous. In synchronous, learners would have online meetings using appropriate platforms.

Teachers play an important role for he or she will explain the lessons very well. In asynchronous, learners will answer activities given by the teacher after his or her online discussions.

As to modular learning,

learners will answer printed mo du les. It us es S elf learning modules based on the Most Essential Learning Competencies (MELCs) provided by Department of Education (DepEd).

Recently, President Rodrigo Duterte mandated DepEd to avoid face-to-face classes.

Furthermore, Secretary Leonor Briones said “DepEd puts focus on self-learning modules as the primary learning tool that can cater to all students, which can then be blended with other learning delivery modalities that the student has access to”.

Both online and modular modalities are helpful techniques between learners and teachers. Currently, DepEd adopts three types of deliver y modalities, depending on the students’ available resources: Online Distance Learning, Modular Distance Learning and TV/ Radio-Based Instruction.

Thus, as one nation let us continue to rise up and shine in upholding inclusive quality education for all.

BWM: October 14, 21 & 28, 2020

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WEDNESDAY|OCTOBER 28, 2020

CGPA to army engineers: Let us build the nation to win the peace ILIGAN CITY - The commanding general of the Philippine Army (CGPA) underscored on Monday, Oct. 26, the crucial role of army engineers in winning the peace.

"While the army's combat units destroy the enemy, the army engineers place a premium on nation-building through infrastructure and civic efforts," said Lieutenant General Cirilito E. Sobejana.

Addresing the men and women of the 55th Engineer Brigade during the 22nd founding anniversary of the unit, LtGen Sobejana emphasized that the role of army engineers means Establishing the Nation's Growth by Introducing Novel, Efficient, and Excellent Response.

He said the support provided by the 55th

Engineer Brigade to national flagship projects has enabled the Western Mindanao Command to advance its peacebuilding initiatives in the Bangsamoro region as well as regions 9, 10, and 12.

The army engineers helped construct elementary school buildings, provided engineer support to other AFP units, and assisted local government units in road clearing operations during tropical storms.

They also provided assistance to Task Force Bangon Marawi in the clearing of unexploded ordinance and demolition of dilapidated buildings in preparation for the rehabilitation phase.

Moreover, they entered into a Project Partnership Agreement with UN-Habitat for ground development

Learners Performance Task in the New Normal

By MA. CARINE BI F. MAGLASANG Teacher I Doňa Juana Actub Lluch Memorial Central School Division of Iligan City

Education is our future.

Despite the challenges encountered for this school year education must go on. Nobody can’t take it away even this COVID 19 pandemic. The Department of Education making ch ange s an d m ol d i ng young children talents and abilities.

Learning and assessment continue. The new grading system for the new normal as mandated by the DepEd Order 31, S.2020 comprises the components for written work and performance task. In performance task, learners will be assessed

with their abilities and skills of showing what they know and what they can do in diverse way through presenting face face online, taking pictures or recording videos.

The Grade III-Durian learners of Doňa Juana Actub Lluch Memorial Central School showcase t h e i r t a l e nt s a s t h e i r performance task through Tiktok presentation or videos with the theme “ABILIDAD KO IPAKITA KO! This corona virus 19 is not the hindrance in performing the task lets make a difference.

LEARNINGMODALITY UNDER THE NEW NORMAL By: INNA M. ALI DJALMCS Teacher II

The education system is greatly affected by the COVID-19 outbreak. It is the reason why the School Year 2020-2021 has shifted to distance learning delivery.

R egard less of t his, Dona Juana Actub Lluch Memorial Central School in Iligan City Division, Region X, continues to deliver basic education as mandated by the Department of Education.

The school is doing its best to deliver effective modality for a quality education despite of the encountered challenges.

It uses different learning delivery modalities such as Online Learning, Modular Distance Learning, and Blended Learning.

It is in this circumstances that parents/guardians play a vital role for the fecund outcome of this venture.

Their guidance and support inspire the kids to work hard and be motivated to study.

Under the new normal, school personnel, parents, and stakeholders works jointly with each other for the learners to acquire the best quality education that they deserve.

The 55th Engineer Brigade celebrates its 22nd founding anniversary at its headquarters in Balo-i town, Lanao del Norte with the theme "Team 55E @22: Kaagapay at Katuwang sa Pagharap ng Bagong Normal Para sa Mapayapa at Maunlad na Bayan. (55EBde)

and construction of 50 permanent shelter units in Brgy. Kilalla, Marawi City intended for internally displaced families.

While he commended the accomplishments of the 55th Engineer Brigade

in uplifting the well-being of government troops through base development support to AFP units, the CGPA also instructed them to continue helping in the rehabilitation of Marawi stressing the need

ONLINE CLASS OR MODULE? WHICH ONE IS THE BEST? RICHEL B. GALIGAO DJALMCS TEACHER

The department of E d u c at i o n o f f e r s t h e different types of learning modality, like television, Radio base Instruction, Online class and Modular.

But the question is which one is the best and most effective for the learners?

Our school Dona Juana Actub Luch Memorial Central School offers the different types of learning modality. Most the learners and parents choose to have these two types of modality the Module and Online class. For this new normal in the field of education it is very hard to identify which one is effective and which one is not, because everybody is new to this modality we could not say one of these modality is effective. Some parents prepared in online class.

They believe online class is the best way to deliver and conduct the classes, because through online the teacher and learners can meet and see each other.

Hence, through online the teacher can discuss directly to the learners as well as they can create inter action to each other. Other parents have their works the reason why they will choose online class because they cannot assist their child immediately. But the question is how about those learners who have parents

that cannot afford to have internet connection in their house? It is hard for their part because they don’t have access in internet, the fact that still many families cannot afford to avail internet connection.

Hence, Module is most in demand modality in our school, many parents have a positive feedback regarding with module but some also have opposite opinions. Some negative feedbacks say that “lisod kaayo I explain sa akung anak”. Some parents have 2 to 4 children that is why it is hard to their part as a parent that they cannot assist their children immediately. Some parents also have low of educational background some of the parents cannot read and write that’s why very frustrating to their side.

This pandemic crisis makes our life change into more hustle situation especially in our education.

The parents have the big part of their child learning process in the midst of this pandemic. Adjustment and accept the new normal of our educational system is one way to overcome this crisis. Whatever the modality you chose as long as you learned and you grow still considers is the best modality. Soon we heal as one.

to accelerate and fast track the recovery of the city.

"Ipagpatuloy ninyo ang pagsuporta sa ating kasundaluhan at mga kababayan sa Hilagang Mindanao lalo na Marawi City. Itong Marawi ay kailangan natin tuonan ng pansin dahil sa trauma na na-experience ng ating mga kababayan dito," he said.

LtGen Sobejana further reminded the Army Engineers to be guided by the PA's core values of honor, patriotism, and duty while constructing roads and buildings.

"As you celebrate

another year of service, remember that where the road ends war begins. The more we open roads the less we provide maneuver space for the terror groups, be it communist terrorist groups or local terrorist groups," he noted.

LtGen Sobejana also expressed appreciation to the civilian partners and stakeholders and cited their involvement as vital in attaining peace and security.

"Para maisulong natin ang kapayapaan kailangan everybody should be involved because security is a shared responsibility," he said.

The CGPA also pointed out that unity and cooperation is needed in attaining sustainable peace and progress.

"In the name of public service, your Philippine Army is not above you nor below you. We are always beside you so we need to work together," he added.

With the theme ,"Team 55E @22: Kaagapay at Katuwang sa Pagharap ng Bagong Normal Para sa Mapayapa at Maunlad na Bayan," the Brigade's 22nd anniversary celebration was highlighted by with the awarding of medals to its outstanding personnel and units as well as recognition of civilian partners and stakeholders. (APB/PIAICIC)

Engaging Shared Responsibility: Rebuilding in the New Normal

CHONA A. CLAVERO, PhD School Principal I Francisco Laya Memorial Integrated School Division of Iligan City

The Department of Education with the Division of Iligan City has been very much active in dealing with the new normal in education. It has placed its full force and potentials to actively find new ways and methodologies to bridge its learning continuity needs.

The sudden disruption of the traditional classroom created the system of implementing the blended learning of instruction modalities (online, radiobased, modular, TV-based), compelled the teachers to reflect and drop off old cultures of habit and acquire new ones that purport engagement and triggers a meaningful response.

Parents must become an integral part of that unit of support, and must come to realize that this new normal speaks about collaboration

and shared responsibility at the highest level, no matter how disorderly the outcome may be. As the School Head, reiterated the need and tasked of the teachers of Francisco Laya Memorial Integrated School to effort and reach out to each learner and examine the effectiveness of t he i r te a ch i ng , by involving the parents as a bridge to information of learners habits or overall performance status. In other words, rebuild the system of teaching delivery to include all stakeholders as learning partners to create a new culture of service and support that focuses on learners’ adaptation to the new normal of schooling.

There is, therefore, a check and balance of progress as everything evolves in unison.

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WEDNESDAY|OCTOBER 28, 2020

Split... from page 2

Sinsuat as provincial seats of government, while SB 1274 f iled by Re villa pursues the creation of We s t e r n M a g u i n d a n a o instead.

“While we respect and appreciate Sen. Revilla for sp ons oring and f iling a counter par t SB towards the realization of an empowered Maguindanao, we would like to request S en. Tolentino that our pr aye rs an d prov i s i ons illustrated in HB 6413 be adopted in a substitute

bill,” Mangudadatu said in a statement Monday.

Mangudadatu said that with a smaller province, local resource management and the deliver y of basic public s er vices would b e more e f f i c i e nt a s m o s t l o c a l government officials and employees will work and fo c us on programs that will best ser ve the interests of their constituents.

He s aid t he division of Maguindanao aims to make public service more accessible and clos er to the p eople. (PNA)

Ugly... from page 4

ran as a two-year-old, and also as a three-year-old! In fact, to our knowledge no race horse in history has ever equaled Kincsem’s lifetime record. In 54 major races, she won every single race!

This unwanted, skinny mare became the Queen of the Sport of Kings. One of the ugliest horses ever born became the greatest horse that ever lived.

Maybe you have felt rejected or disrespected and looked down on. But the One Who created you values you as His unique masterpiece who is as important as any other person in the world.

Others may see your apparent weaknesses but He sees your special strengths. He loves you the way He made you, and He does not want you to look like or be like anyone else. He designed you with your own special personality, abilities and appearance.

If you ask Him to take full charge of your heart, Jesus will help you fully become the one-of-a-kind man or woman He made you to be.

Just think a minute…

Stuck... from page 4

each day either on the phone or on video chat. Not only is this beneficial for your mental health, but it’ll also help you not to feel so alone

BSP AND GSP KICK-OFF OPENING How Philippine schools PROGRAM wrestle with new normal RICHEL B. GALIGAO

T h e w h o l e m ont h of October is the month of scouting, Dona Juana Actub Lluch Memorial Central School, Iligan City held the simple kick-off opening program of BSP and GSP last October 20, 2020 with the theme “We heal as One” the program started with prayer, pansang awit and panunumpa sa watawat ng Pilipinas lead by a selected teachers, the program is not complete without any reciting the BSP Oath and BSP law lead by BSP district coordinator Richel B. Galigao and the GSP oath lead by GSP coordinator Dulce Sacapanio. Our school principal Scout master Riza R. Nicor welcomed the visitor from BSP-Iligan City Council headed by Scout Master Mark Vincent R. Esquierdo- Council Scout Executive, and Scout Master Jesshanz L. AmargaField Scout Executive. The program was successfully

done by following the health protocol of proper distancing and wearing face shield and face mask.

The whole month of October are blast of line activities despite of this pandemic so no reason not to celebrate the scouting.

The new normal of scouting was design with the different activities like online and webinar orientation.

Despite of this pandemic crisis the program amends the simple kick off program as the mantra of the BSP and GSP “ Laging handa” the Boy Scouts and the Girl Scout of the Philippines continues to strive in pursuing its mission – to inculcate in our Scouts love of God, country and fellowmen; to prepare the youth for responsible leadership; and to contribute to nationbuilding according to the ideals, principles and programs of Scouting in the mids of pandemic crisis.

Pivotal Year: A blended opportunity for hope amidst COVID 19 CHONA A. CLAVERO, PhD School Principal I Francisco Laya Memorial Integrated School Division of Iligan City

As our government prompts the people to implement and observe social distancing, learners too will have to adapt to new flexible alternative learning delivery modes of distance learning. Learning at home will be a new normal for our students teaching them independence and self-directed, or assisted by their parents or guardians at home.

However, teachers will always clarify and simplify difficult competencies and closely supervise learners’ progress.

Parents and students are copping on the demands to meet halfway and are asking questions that need to be meted out. Thus, in distal or remote schools such as FRANCISCO

L A YA M E M O R I A L INTEGRATED SCHOOL, located at Pindugangan, Tipanoy, Iligan City as a pre-emption, it behooves upon the school head and its teachers to develop their creative strategy to deliver learning to its constituents.

To innovate on ways or processes of teaching and learning, that caters to all and to go forward beyond the legal limits. The most radical transition to battle this would be to design compatible modalities that are not just suitable to the learners, but one that is also scalable in terms of cost capacity. It will also ensure adaptability to parents who are financially incapacitated to meet the new demands of the school’s new normal methods and systems.

By BEVERLY M. TAGARDA

Saying that school year 2020-2021 is a big challenge for all stakeholders is an understatement.

In the midst of a raging pandemic, the government and all other stakeholders are s caling up ef for ts to ensure that children continue with their studies.

For starters, teachers were given trainings on how to discuss their lessons using the limited time effectively and efficiently during online classes, a daunting task due to internet connectivity issues in the country.

For students, it’s a struggle whether their chosen system is through printed modules, blended learning, or online class.

Other pressing issues include the volume of

transferees from private schools and the lack of teachers that will take this additional task.

As the world continues to pick up from the impact of the coronavirus disease 2019 (Covid-19), everyone's lives changed one way or another. These changes are evident in the way people meet and do their daily tasks. What used to be crowded places suddenly became so quiet and empty.

As life is likened to a tel e v is ion s e r ie s or movie, the show must go on for people despite the situation. While many view the situation as hopeless and gloomy, there are still those who see a silver lining and strive to move forward with the hope of a better tomorrow.

Modular Teaching; New normal LIBERTY F. DAA Teacher 3/School in Charge Cabacungan Elementary School

For educators, the Covid-19 Pandemic is a very challenging situation.

Modular learning is a response in educational needs amidst this pandemic.

The overall goal of this learning is to facilitate the process and implementation of adaptive response to the emerging education challenges, and to protect young people’s educational opportunities during this pandemic.

A lot of students may not have an internet access at home or cannot afford internet access or doesn’t have any digital devices to use, delivering alternative l e ar n ing me t ho ds for students to continue with their lessons, with this situation ‘modular learning’ comes as an alternative way of learning at home and will not necessary to go to school to learn.

Mo dular learning may not be easy between s tu d e nt s an d t e a c h e r because it is a new way

learning and it is out of the idea of students who were new at this learning and may be teachers also. But in this time of pandemic ‘new normal’ comes in place; and what we can do is to create and embrace every opportunity that will helps the students to continue learning amidst what is the whole world is facing today.

New normal is a lot different on how we used to live every day. It shocks everyone of us and it hits us behind our back and thinking we can’t live with this. But it’s not true. We can do this, students, teachers, we can do this. We’ll get through this and sooner and later we can come back to our normal. Modular learning may not be easy to other students who are not able to understand quickly but as teacher we are always there to guide you and produce you lessons that you will be clearly understand easily.

through this ordeal.

Ultimately, quarantining in a hotel room for a n extended period of time will be a challenge, so make sure you try to stay busy and remain positive! Use the time you have to do something you never have before, it’ll help your quarantine pass a lot quicker!

Globe... from page 5

Governance Team initiates collaborations in the organization and among stakeholders to ensure that various corporate governance initiatives and projects are effectively communicated and executed. For instance, despite the strict health protocols which the government put in place earlier, Globe was still able to strengthen stakeholder engagement through its first fully virtual Annual Stockholders’ Meeting (ASM) last April in accordance with pertinent regulatory issuances.

Globe also encouraged electronic voting in absentia as an additional medium for its shareholders to practice their right to vote through its developed Voting in Absentia & Shareholder (VIASH) System.

Globe’s corporate governance practices are principally contained in the Articles of Incorporation and By-Laws, and other legal

documents, which outline the core of the company’s operational framework under the ASEAN Corporate Governance Scorecard (ACGS). ACGS adopts international corporate governance best practices and standards including the principles of the Organisation for Economic Co-operation and Development (OECD).

Globe’s dedication to corporate governance was also repeatedly acknowledged by award giving bodies, the latest of which came from Alpha Southeast Asia Magazine’s 10th Annual Poll for Institutional Investor Corporate Awards where Globe placed 2nd in the Strongest Adherence to Corporate Governance Category in the country.

Globe is committed to upholding the 10 UNGC principles and the UN Sustainable Development Goals (UNSDGs). The company has also made it to the FTSE4Good Index Series for the fifth consecutive year, proving its dedication to Environmental, Social, and Governance (ESG) practices that help shape society's sustainable future.

Corporate governance updates, activities, documents, reports and policies are publicly available through https://www.globe.com. ph/about-us/corporate-governance. html.

Most Essential Role of a Parent in the New Normal of Education

By MA. CARINE BI F. MAGLASANG Teacher I Doňa Juana Actub Lluch Memorial Central School Division of Iligan City

This time of pandemic parents’ role is the most essential in the new normal education since there will be no face-face interaction in the school. Parents time to facilitate learning. You will be the hero of your little boss. Children future depends on you. Parents must be an advisor and a checker of modules of your child’s output. Take the time to explain. Extend your patience at all times. Assist

your child in achieving task.

To raise your children properly, your duties aren’t limited to food, shelter and protection, but also require you to teach and educate them, to shape knowledge and character, to prepare your child to face the real world. The main goal here is to provide the children with the best possible education.

Teach your children the value of education. We will conquer this together.

PORTABLE FOOTOPERATED ALCOHOL DISPENSER FOR A COVID- FREE CLASSHOME By: INNA M. ALI DJALMCS Teacher II

We are liv i ng ami dst what is potentially one of the biggest threats in our lifetime because of COVID-19 Pandemic.

In order to reduce the spread of COVID-19, hand hygiene is considered as the single most important approach for preventing the spread of the virus.

D e p E d I l i g an C it y and Dona Juana Actub Lluch Memorial Central School supports the use of a Portable foot-operated a lcohol disp ens er, an innovation about a handsfree alcohol dispenser for the schools and offices to

disinfect hands aside from soap and water. Users do not have to touch anything to get alcohol, just step on the pedal and alcohol will be pushed out to keep clean hands in the time of fighting with COVID19. With this innovation, ever ybody may be more willing to use the touch-free dispenser, one will just step on the pedal and alcohol will be push out. This dispenser is more convenient to use, and is associated with lower risk of transmitting pathogens through touching c ont am i nate d a l c ohol bottles.

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WEDNESDAY|OCTOBER 28, 2020

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WEDNESDAY|OCTOBER 28, 2020

Emperador... from page 3

“ The success of our international expansion boosted company earnings, bringing stability and growth at a time w hen the Philippines wrestles wit h t he imp ac t of t he coronavirus. Emperador’s global business saw doubledigit growth as it adapted well to new consumption trends,” says Winston Co, president, Emperador Inc. Emperador Inc., which owns Emperador Distillers, Inc., Scotch whisky maker Whyte and Mackay Group, and B o degas Fund ador in Spain, has brandy and w hisky brands that are available in more than 100 countries around the world.

Marawi... from page 1

the fair market value as earlier proposed, because the government’s economic managers did not agree.

House Bill 7503 or the proposed “Marawi Siege C o mp e n s at i o n Ac t ,” a substitute bill to the three bills earlier filed, institutionalizes the Task Force Bangon Marawi (TFBM) and mandates it to “provide monetary compensation for the loss or destruction of residential and commercial properties as a result of the Marawi Siege.

According to L anao del Nor te R ep. K ha lid Dimaporo, principal author of the substitute bill, the proposed measure provides t hat t he c omp ens at ion shall be patterned after RA 10368, or the Human Rights Victims’ Reparation and Recognition Act of 2013, where the amounts “provided that the monetary award for claimants under this act shall be equivalent and shall not exceed the monetary amount granted to the Human Rights Victims recognized by RA 10368.

Whatever the 10 points will represent for Marawi victims, their compensation can go no more than 1.76 million pesos.

The bill proposes the creation of a Compensation Subcommittee under the TFBM to “process claims in line with the spirit of Republic Act 10368.”

As proposed, the fivememb er C omp ens ation Subcommittee, a body “attached yet independent” from TFBM, will be chaired by the Commission on Human

Rights (CHR) and co-chaired by the Bangsamoro Human Rights Commission (BHRC).

Its members shall be “organic to the CHR and BHRC.” The bill proposes under Section 9 that “lawful owners or possessors who have become internally displaced persons (IDPs) as a result of the destruction of their property as a result of the Marawi Siege may file a claim with the Compensation Subcommittee for monetary compensation.”

T h e b i l l s t at e s t h e CHR will be granted the authority to “determine the point allocation to victims whose properties have been destroyed as a result of armed conflict … provided that the monetary award .. shall be equivalent and shall not exceed the monetary amount granted to the Human Rights Victims recognized by RA 10368.”

Current market value But Marawi residents whose private properties were demolished as part of the Marawi Recovery, Rehabilitation and Reconstruction Program (MRRP) shall be compensated with a replacement cost as the bill proposes to amend Section 3 of RA 10752 or the Road Right of Way Act to include “MRRP, Debris Management Programs, and Programs that require the demolition of private property for the search and recover y of unexploded ordnance.”

Private property owners, according to the bill, will be “compensated a Replacement Cost” for loss and/or destruction of property as a result of the MRRP, which shall be “based on the current market value of the improvements and structures” as determined by the implementing a g e n c y, a g ov e r n m e nt financial institution with adequate experience in prop er ty appraisal and and independent property appraiser accredited by the Bangko Sentral ng Pilipinas.

In the absence of baseline data or required documents, the cost estimates and data used for the Post Conflict Needs Assessment (PCNA) included in the MRRP may be used to determine just compensation.

Those who will receive replacement cost, the bill states, will be precluded from receiving and benefiting from the MRRP Land Titling Program, “which intends to

return real property to the owner in the form of land titles.”

Complaints Dimaporo acknowledges that there are complaints about the amount of compensation. But he cited at least three issues on the original proposal that posed problems.

“Most houses have been demolished already and establishing fair market value without the presence of tax mapping by the city local government unit … will not suffice with the Commission Audit.” He told MindaNews that there was no tax mapping in pre-siege Marawi.

He said TFBM’s damage assessment was only 8 billion while the bill’s authors were asking for 30 to 50 bilion pesos. “Discrepancy can’t be explained,” he said.

Dimaporo added that the economic managers – the secretaries of Finance and Budget and the directorgeneral of the National Economic Development Authority fear that this will be a slippery slope to provide comp ens at ion to ot her victims such as Zamboanga Siege.

“Marawi can’t be treated ‘special’ because of the equal protection clause in the constitution,” he said.

Dimaporo explained his goal is to “pass a version to the Senate beore the year ends” because “once it reaches the second quarter in 2021, there will be no material time to enact the compensation bill into law unless prioritized by Malacanang.”

“Plus election fever will more than likely set in the closer we get to filing of (certificates of ) candidacy” which is in October 2021.

“For now, I believe my version is the ‘safe and manageable’ form but still open for amendments in the plenary wherein Congress has

plenary powers unlike the committee where we have to consider the position papers of the Executive.”

“Hopefully we can come up with a better version.

I’m not satisfied with the substitute bill, but it’s the safe bet for now,” Dimaporo said.

State policies HB 7503 cites the state’s policy to “value the dignity of every person and guarantee full respect for human rights, including rights of IPs and other vulnerable groups such as women and children at all times;” fulfill its obligations to international human rights law and humanitarian law and “recognizes basic principles and guidelines on the right to remedy and reparation for victims of gross violations of such;” and “provide the protection for IDP (internally displaced persons) in recovering properties and possessions” and if recovery is not possible, “shall provide or assist these persons in obtaining appropriate compensation or other forms of just reparation.”

The bill also said the S t at e i s “o b l i g at e d t o recognize the essence of providing reparation and compensation for persons and families whose rights were violated and economic, social and cultural rights were unfulfilled as a result of armed conflicts.” (Carolyn O. Arguillas / MindaNews)

Coal... from page 1

Philippines (IEMOP), it was emphasized that “coal and natural gas accounted for more than 75 percent of the generation mix in 2019, while geothermal and hydro came second in providing the bulk of the over-all supply.”

IEMOP, which is the operator of the Wholesale Electricity Spot Market (WESM), noted the other

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technologies like oil and RE had “minimal share in the generation mix,” and they likewise vary slightly in every quarter.

Nonetheless, the spot market operator qualified that in the first quarter of 2019, “coal had its lowest share in the generation mix at 47.7 percent primarily due to forced/maintenance outages of coal plants.”

And within the period when the coal capacities had been out from the system, it was shown that “generation from natural gas plants had increased.”

Wi t h i n t h e s e c o n d quarter; generation from coal plants ramped up; while the output of gas plants were on downtrend. The third quarter scenario, on the other, exhibited increase in hydro output “as a result of the rainy season,” which often increases reservoir level at the dams.

On the whole year though, IEMOP primarily stated that “coal and natural gas still accounted for more than three-fourths of the generation mix.”

Wind plants, according to the spot market operator, would normally have higher level of generation during “Amihan season” and that often occurs toward the tailend and early months of the year.

Corn...

manipulators.

The program is expected to benefit not only the farmers but also the end-users such as feed mills. Piñol said, adding that the initiative could also boost the other corn-dependent sectors such as livestock and poultry raising.

“At peak harvest time when traders traditionally manipulate corn buying prices because of the lack of post-harvest facilities, farmers could deposit their produce in the COGSS while waiting for a better price.

Using the deposited corn as a guarantee, the farmers could avail of a cash advance which will be deducted when he finally sells his produce at a better price,” the MinDA chairperson said.

The municipality of Baungon, Bukidnon, according to Piñol, will be the first Mindanao LGU to implement the program.

“Baungon Mayor Giovanni Dahino said the Baungon COGGS would also offer seeds, fertilizers, tractor and harvesting facilities payable after harvest. MinDA aims to convince other corngrowing LGUs in Mindanao to establish the COGSS and create a network of LGUs inter-connected by a digital platform to manage supply and prices,” Piñol added.

(PNA)

from page 1

(MinDA) said Friday.

S ecretar y Emmanuel Piñol said DBP President Emmanuel Herbosa assured the funding commitment during a meeting on Thursday (Oct. 22) at the bank’s headquarters in Makati.

Piñol said the COGSS Prog r am was d e si g ne d

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IN-DEPTH

Wednesday|October 28, 2020

12

IDC Chairman & CEO joins the Philippines largest renewable energy event

N

OW in its 7th year, The Future Energy Show Philippines is firmly established as the most important event for the sector and Italpinas Development Corporation's Chairman & CEO Arch. Romolo V. Nati is among the distinguished speakers of the said event to be held this November 17, 2020.

The Future Energy Show Virtual platform, organized

by Terrapin, a global events company, will feature 50+ sponsors & exhibitors showcasing over 500 products transforming the energy ecosystem in the countr y.

100+ speakers will also bring you insights from live presentations and panel debates across 9 content channels.

Arch. Nati, as an expert in green architecture, will be participating at the virtual platform to share his insights on “Effective strategies

to reduce Energy Consumption in Green Buildings”.

Arch. Nati, has been invited as speaker and panelist at several events and forums to share ideas and perspectives on the importance of sustainable development and climate resiliency in the real estate sector, and on the need to integrate sustainable features in the design framework of ecofriendly and healthy buildings.

The Philippines can be a role model for sustainable development in Asia. Architect Nati who applies naturebased design to his projects, known as biomimicr y – a concept that emulates the process, systems, and strategies present in nature –believes that sustainable design will reap the most benefit in the countr y.

IDC’s developments are sustainable mixeduse buildings that have been conceived

The combination of natural ventilation, solar energy, external louvers, water recycling, rainwater harvesting, and other green features make Miramonti a landmark in sustainable development.

with the use of advanced design technology called parametric software that allows the designer to factor in local conditions so that the building orientation, shape, and features are maximized for natural ventilation and natural light.

Each design is unique and adapted to a specific location and project.

IDC has marked its legacy as the first

green mover in the Philippines with its flagship sustainable project in Cagayan de Oro, the ecofriendly twin towers named Primavera Residences. With the passion to further strengthen its green advocacies in the city, IDC pursued to showcase its green initiative with its latest development, Primavera City. And further expanding in Sto. Tomas, Batangas with its project,

Miramonti Green Residences.

All three developments of IDC have been awarded the prestigious International Property AwardsAsia Pacific. Its latest development, Miramonti Green Residences received the citation in the Best MixedUse Development categor y in the International Property AwardsAsia Pacific

2019-2020. While IDC’s first two projects, Primavera Residences and Primavera City, both located in Cagayan de Oro, are recipient of the same categor y with Primavera Residences winning recognition in 2015, and Primavera City Phase 1 recently obtain its EDGE (Excellence in Design for Greater Efficiencies) Preliminar y Certificate.

The characteristic design of the development, which distinguishes all IDC’s projects, is the results of the integration of renewable energy features – passive for saving and active for generating power – with architecture.