Skip to main content

BusinessWeek Mindanao (September 11, 2020)

Page 1

BusinessWeek M I N DA N A O CREDIBLE

Volume XI, No. 42

Market Indicators FOREX

US$1 = P 48.57

9

PHISIX

X Briefly

cents

X

5,902.39

30.45

YOUR MINDANAO-WIDE BUSINESS PAPER

RELIABLE

www.businessweekmindanao.com

AS OF 6:00 PM SEPT. 10, 2020 (THURSDAY)

points

Davao’s investment DAVAO City – The Davao City Investment and Promotions Center (DCIPC) has approved investments in the property and manufacturing sectors worth more than P2.1 billion, its chief, April Dayap, said Tuesday. Dayap identified the investments as the Acacia Hotel with a P1.8-billion capitalization, Green Solutions Agri-Business manufacturing with a PHP340million capitalization, and the Sta. Clara socialized housing project that is valued at P55 million. She said the three major investments have already met this year's investment target of P2 billion.

Cacao capital DAVAO City – The Davao City Chamber of Commerce and Industry (DCCCII) hailed Thursday the Department of Agriculture's (DA) declaration of the city as the country’s "cacao capital." DCCCII president John Carlo Tria noted that after years of promoting the cacao industry, the city has now become Davao Region's pride following the declaration of DA Secretary William Dar in a ceremony held here on Monday. Tria said the recognition would add value to cacao agri-processing and generate more income for farmers.

We strive for Excellence!

Philippine Press Institute Civic Journalism Community Press awardee for the following: 2013 Best in Business and Economic Reporting 2014 Best in Environmental Reporting 2017 Best in Business and Economic Reporting 2018 Best in Business and Economic Reporting

IN-DEPTH

Friday|September 11, 2020

P15.00

Thank you for trusting us!

Legal imperatives to revive eco unveiled 29th Minbizcon

By MIKE BAÑOS Contributing Editor

T

HE Philippine e conomy may b e turning the corner despite the coronavirus pandemic but government will not jeopardize public health for a restart, and vice versa. “Rebuilding the economy is a condition for ensuring public health. We cannot fight a pandemic with a weak economy ; nor can we restore economic vigor without solving the public health crisis,” said Finance Secretary Carlos Dominguez III in his keynote address during the opening session of the 29th Mindanao Business Conference held online for

SEIZED CONTRABANDS. Customs Collector John Simon ( Left ) Oliver Valiente (right) chief of the Customs Intelligence and Investigation Service in Northern Mindanao holds a ream of illegally imported cigarettes during its destruction at the Digama Warehouse and Destruction Facility, Zone 6, Barangay Bayabas, Cagayan de Oro yesterday (see story on page 3).

The continuous surge of Covid-19 pandemic does not, in any way, stop this consortium of steel industry planners and developers to reinvent this former industrial city of the south into a thriving regional economy. After months on the drawing board, the grand plan to bring back to life the defunct National Steel

C or p or at i on , onc e t he economic driver of this southern city is about to fire up with a new, hi-tech integrated steel mill facility seen to generate thousands of jobs in the next two to three years. When the old NSC was still in its glory days, Iligan City had chiseled a niche in the industry as the No. 1 quality steel supplier in

the first time on Sept. 10, 2020. The finance secretary lauded the valiant efforts of businessmen who like their counterparts in the health and security sectors, were braving threats posed REVIVE/PAGE 11

A Water Master Plan for Cagayan de Oro

photo by gerry lee gorit

Reinventing Iligan

DOMINGUEZ

UNRUFFLED

RUFFY MAGBANUA Asia. Not anymore today. The former powerhouse FULL STORY/PAGE 4

KAGAY-ANONS have been so blessed with the gift of abundant water not many of us have bothered to grant it the attention its proper use and development deserves. Except perhaps for some instances in the past when the El Niño made us worry for a few months, we were never really anxious over the state of our drinking water, the possible shutdown of Mindanao’s hydroelectric power plants and subsequent brownouts bothering us more. We gave illegal logging

more attention, and with good reason: with Mindanao’s watersheds under threat, the abundance of water which gave the island its cheap, clean power and seemingly bottomless water supply could soon go the way of its primeval forests. And yet, we Kagay-anons especially, do not seem bothered by the looming water crisis which even now is rearing its head like a tsunami about to wash Cagayan de Oro into the sea. Consider WATER/PAGE 9

Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776


2

Local Bukidnon to increase products in digital store T

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

FRIDAY|SEPTEMBER 11, 2020

NFA-10 gets 40K bags of local rice

THE National Food Authority (NFA) warehouses here began to receive local rice stocks from NFA-12. A total of 40,000 bags of local rice will be transferred from the said region. These stocks will augment NFA10's inventory to meet rice needs of local government units (LGUs), Department of Social Welfare and Development (DSWD) and other government agencies. Currently, stocks are strategically received at the Patag and Baloy warehouses in NFA Misamis Oriental to facilitate easier dispersal to other provinces in the region. Under the Rice Tariffication Law (RA 11203), NFA-10 is no longer allowed to import rice, as it is mandated to maintain sufficient buffer rice stock

through procurement solely from local farmers. NFA shall procure palay locally and maintain the optimal level of buffer stock at all times, and should be strategically located across the country. lt shall manage efficiently and effectively the acquisition, quality maintenance, and disposition of the buffer stock during emergencies and calamities. In response to COVID-19 pandemic, NFA-10 has issued a total of 153,013 bags of 50 kgs to meet the rice requirements of government relief agencies from March 19 to August 19, which include 47,352 bags to DSWD and its local units in the region, 105,541 bags LGUs, and 120 bags to legislators, namely Senators Cynthia Villar and Grace Poe. (NFA10/PIA10)

HE food basket of Northern Mindanao is about to become bigger digitally. Otopbukidnon.com, the first webstore of Bukidnon featuring the best of food and nonfood products of the province, is set to add fifty or more products in its digital store in the coming months. The webstore was launched by the Department of Trade and Industry (DTI) Bukidnon to assist the micro, small, and medium entrepreneurs (MSMEs) affected by the

Getting smart in math CAARLO ABUGHO BANAWAN, Teacher3 Sugbongcogon National High School Sugbongcogon,Misamis Oriental

Is m a t h e m a t i c s r e a l ? Philosophers and mathematicians have been arguing over this for centuries. Some believe mathematics is universal; others consider it only as real as anything else humans have invented. For me, part of the answer lies in history. From one perspective, mathematics is a universal language used to describe the world around us. For instance, two apples plus three apples is always

five apples, regardless of your point of view. But mathematics is also a language used by humans, so it is not independent of culture. History shows us that different cultures had their own understanding of mathematics. Take your time! Basic math is nothing but the simple or basic concept related with mathematics. Math is not about reading pages. It is about building concepts in your mind. So

don't think "I read 2 pages today", instead think "I understand graphs better now". It is important to learn about one idea at a time, make sure you understand it, and do plenty of exercises so you become expert. Generally, counting, a d d it i on , subt r a c t i on , multiplication and division are called the basic math o p e r at i o n . T h e o t h e r mathematical concept are built on top of the above four operations.

pandemic to recover as a number of businesses stopped their operations due to limited movement of goods since the start of the quarantine period last March 2020. “Nahimo ni nato aron tabang sa MSMEs. Katong mga dili kaaccess sa internet and katong walay capability mo-adapt sa new normal,” Yvonne Joy Ambrosio, OTOP focal person of DTI Bukidnon, said during her media guesting in DTI Northern Mindanao’s Para sa Negosyo ug Konsumante teleradio program. “Didto nato imarket ila produkto and dili lang locally, pwede sad mamarket maski asa na part sa Philippines,”

Ambrosio said. She explained that the webstore was conceptualized to be simple and user-friendly to avoid inconvenience to the consumers in their buying experience. Interested buyers simply need to visit the webstore, choose among the array of products, add items to the cart, fill out the necessary shipping details, pay online, and wait for the products to be delivered right at their doorstep. “Isa lang ka-click, add to cart, then payment option kay bank transfer or Paymaya. Makapalit na atong mga consumers through the OTOP e-store,” she said. The webstore currently showcases 16

products including the award-winning arabica and robusta variety of coffees and the Maramag Tablea, which is included in the top five best tablea in the Philippines. Other products include varieties of vinaigrette, turmeric powder, barquirice, blue ternate, adlai grain or brew, camote chips, stevia powder, virgin coconut oil, pineapple jam, dried pineapples, bamboo straw, and handwoven mats. The webstore can be accessed to the public through otopbukidnon. com. It is operated by the Tagolwanen Women Weavers Association (TWWA) Enterprise, a partner of DTI Bukidnon.

Accepting Failures Successfully CARMEN A. SAGRADO Teacher 1 Locsoon Elementary School Division of Misamis Occidental

FAILURE. Nobody likes to think of that word. But from time to time, we all face it. Whether it is failing a school test, turning our boss down, experiencing a social embarrassment or disappointing someone we care about, failure can be devastating. You can never escape failure because as a human being, you are inclined to make mistakes before you can be a master of your own craft. Giving a thought of your failures is not necessarily a bad thing—especially if doing so moves you to make improvements. However, prolonged and unrelenting selfcriticism is harmful and counterproductive. It leads to depression, anxiety and feelings of worthlessness. Though one can’t avoid to fail at times, you can minimize it. One way to reduce the chance of failure is to set sensible, modest goals for yourself. And a modest person is aware of his or her limitations. True, it’s good at times to challenge yourself so as to improve your skills and abilities. But be realistic. You have to set goals that are within your means to accomplish. Some goals are quite challenging but take the extra mile to do it. What if you fail? Don’t stop. Just keep on trying. If you fail or do badly, don’t give up. Just keep doing the best you can. At the same time, don’t torment yourself by making unfair comparisons with others. Avoid comparing myself to someone else because we all have different strengths and abilities. Sometimes, though, high expectations are imposed upon you. And you realize that, try as you may, you just can’t please them. To

make matters worse, such ones may express their disappointment in words that irritate or perhaps even crush you. On the other hand, is it possible that they see something you don’t? For example, perhaps you really are selling yourself short and underestimating yourself. It’s for your own good. They want you to do better, to improve yourself. Think of it as a challenge. Of course, even minor failures can still hurt. What can help you to get past them? First of all, face your mistakes realistically. Instead of just thinking of yourself as a general failure, pinpoint what you failed at and what caused it. This way you can do better next time. Also, avoid taking yourself too seriously. There is “a time to laugh”—and that might include laughing at yourself! If you feel discouraged, turn your attention toward something that you do well, such as a hobby or a sport. Do something that you love to do, something that makes you happy. Of course, it is comforting to know that despite your failings, your heavenly Father values you. Everything is difficult before it becomes easy. Every success is a compilation of failures being endured and learned at the same time. Remember this: No one is perfect. Everyone fails at something, at some time. If you can learn to be resilient, you will have acquired a vital asset that will serve you well in the future. One Proverb states: “The righteous one may fall even seven times, and he will certainly get up.” That’s the sort of person you can be!

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


3

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

FRIDAY|SEPTEMBER 11, 2020

NGCP accelerates automation of grid system

T

HE country’s privately led grid operator has stepped up the modernization of the power transmission system by deploying more drones and other unmanned equipment. The National Grid Corporation of the Philippines (NGCP)

continues to upgrade the facilities it inherited from the government since 2009, despite quarantine restrictions mounted against the global coronavirus pandemic. Since it started using drone technology to inspect transmission lines in 2019, it now has three helicopters equipped with

Customs bureau seizes P20-M smuggled cigars By GERRY LEE GORIT, Reporter

T H E u n re l e nt i n g ant i smuggling operation of the Bureau of Customs-10 ( B O C - 1 0 ) h a s re s u lt e d to the confiscation and destruction ffP20.7 million worth of illegally imported cigarettes on yesterday. Among t ho s e s e i z e d bore the brand names Un i on , Br avo, Famous , Farstar, Septwolves, YS, San Marino, Cannon. John Simon, BOC-10 district collector, said the contraband consisted of 2,150 reams or 188,824 of various brands. The cigarettes entered t h e p or t of O z a m i z i n Ozamiz City and Mindanao Container Terminal subport in Tagoloan, Misamis Oriental on two occasions, on August 25, 2020 and Sept. 1, 2020, Simon said. “We don’t want cigarettes t hat are i l lega l and are s o l d h e re i n No r t h e r n Mindanao,” Simon said. The confiscated cigarettes were destroyed through a shredding machine at the Greenleaf 88 non-hazardous waste disposal facility in B arangay B ayab as, t his city. Simon said the items were confiscated as the consignees failed to pay duties and taxes and in violation of Republic Act 1 0 8 3 6 o r t h e Cu s t o m s Modernization and Tariff

Act. The BOC-10, however, h a s ye t to i d e nt i f y t he names of the consignees, but Simon said they will be facing charges once their identities are established. O l i v e r Va l i e n t e , c h i e f o f t h e B O C - 1 0 ’s Customs Intelligence and Investigation Service, the c ont r ab an d c am e f rom China and neig hb or ing Asian countries that entered through the Zamboanga Peninsula. According to the Department of Finance, consignees use a new smuggling scheme to sneak the illegal cigarettes into the country. Citing a report from BOC Commissioner Rey Leonardo Guerrero, Finance Sec. Carlos Dominguez III said P53 million-worth of cigarettes contained in two container vans that were recently confiscated in the port of Davao on July 12, 2020 came from Ningbo, China and was declared as tissue paper. When the cargo reached its final destination in the port of Davao, Guerrero s ai d “t he c ont ai ners of smuggled cigarettes were not included in its inward foreign manifest despite other customs documents proving the existence of the shipment.”

A TRENDY CORONA JULET P. VILLANUEVA Kinder Teacher Tambo Central School Tambo, Hinaplanon Iligan City

What? Lockdown? It is to prevent the spread of corona, Corona wants to rule the world. Lockdown restricts, if not prohibits, the movements of people, business, way of living, and even more school activities. And, a new trend, that call “new normal” emerges. School, however, would not dare to stop but also adopt to a new normal, that is: on-live education, modular, media- tv and r a d i o bro a d c a s t , an d a limited percentage of teachers and students bodily present at school grounds or classroom. As a concerned teacher,

the task at this time seems h e av i e r, e m o t i on a l l y, physically, mentally, and even, financially. Internet connections gadgets, printers, ink, and even bond papers pose to be a problem. Where, or, to whom, do we go for help? God, in His goodness and mercy, has supplied us even with strength; and, bond papers. “For our present troubles are small and won’t last very long. Let they produce for us a glory…that is greater than anything we can imagine (2 Corinthians 4:17); as long as you are in Christ Jesus, our Lord.

high-definition cameras with gimbal stabilizers, infrared scanning, and UV detection equipment. These are crucial for its assessment of the condition of power lines and facilities, especially those that are inaccessible due to the terrain and environmental restrictions, it said in a statement on Tuesday. Moreover, the technology also hastens its stringing activities in a day, company representatives said during a virtual briefing on the

same day. Usually, connecting tower segments manually takes a half-day, while using drones can connect three to four segments within the same period. The transmission company is procuring 45 more drone equipment to be rolled out over the coming years, NGCP said. Moreover, it is set to launch a central control and monitoring system to remotely operate substations. It will have real-time monitoring software and hardware

to be used for the acquisition, collection, monitoring, and analysis of power data and equipment condition. Also, it has refurbished its high voltage direct current (HVDC) buildings in Ormoc, Leyte and Naga, Camarines Sur, which connects the Luzon and Visayas grids. “We are also equipping our personnel with the necessary skills and tools to efficiently use and operate these new technologies to provide the country with quality,

reliable, and sustainable power transmission services,” NGCP said. In May, NGCP said several ongoing projects had been delayed since the lockdown started in midMarch. It said the delays could lead to automatic or manual “load dropping”— or rotational power interruptions — as energy demand is picking up. Still, the company said it could guarantee the “readiness of our transmission facilities to deliver available power to where it is needed.”


4

Opinion

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463-826-272-000 – VAT. Reg., and with Business Permit No. 2020-04015. Tel. Nos.: (088)856-3344, (088) 810-100, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

BUSINESSWEEK MINDANAO CORPORATION Publisher DANTE M. SUDARIA President/CEO ALLAN MARIO MEDIANTE Vice President for Corporate Affairs RUFINO T. MAGBANUA Vice President for Business Development VICENTE C. DELA VICTORIA Vice President for Operations JOE FELICILDA Vice President for Administration JOHN AARON M. DEL BANDO Vice President for Events and Promotions JOE PALABAO Vice President for Marketing ROSE MARY D. SUDARIA, PhD Vice President for Finance MIKE BAÑOS Vice President for Digital

NELSON CONSTANTINO Editor-in-Chief

GILBERT Y. CHAO

JUN AYENSA

Motoring Editor

Regional Editor - Caraga

MIKE BAÑOS Contributing Editors

ATTY. ANTONIO S. SORIANO

Feature Editor

2f, ICS Building Tel.No.: 881-0176 Tiano cor. Montalvan sts. Legal Counsel

CLIFFORD SANTILLAN

ATTY. MARIO T. JUNI

CHAINCERLIE SUMALPONG Advertising

Juni Law Office Cruz Taal St., CDO Legal Counsel

JOE PALABAO Layout Artist

Cell No: 09352379999

MANILA OFFICE: 9th Floor, Unit 918, CityLand Herrera VA Rufino Cor. Valero St., Salcedo Village, Makati City Tel. # : 5555392,Cell No.: 0977-152-8860 LANI VALLIDO-Marketing Manager

DAVAO MARKETING OFFICE Door 223, Doña Segunda Bldg., CM Recto Ave., Davao City Telephone #: (082) 298-8815 Regional Mktg Manager-JOE PALABAO- 0926-8430152 Circulation-JOHN PAUL AQUINO, 0907-331-5640

Member: Philippine Press Institute Oro Chamber

Win over worry (Pt. 1) Think a minute… It’s been said: “A day of worry is more exhausting than a week of work.” In fact, the root word for worry is “choke” or “strangle.” Worrying chokes the life and strength out of you! Constant worrying strangles us emotionally, gradually taking away our hope and happiness. “If you don’t bury your worries, they will bury you.” Today and tomorrow we will learn ways to win over worry. Remember: “Worry is the darkroom in which negatives are developed.” You are often expecting the worst, thinking of the various bad things that can happen. But this only paralyzes you, so you end up doing little or nothing at all. Worry infects you with the “paralysis of analysis.” As a mother told her children: “Worry is like a rocking chair: You can rock all day long and get nowhere.” This is why worry is a complete waste of our time and energy. For one thing, worry makes no sense because you are trying to control what you cannot control—like the weather. Since it is impossible, why even try! Plus, to worry

THINK A MINUTE

JHAN TIAFAU HURST about something you can change makes no sense either, since worrying cannot change or fix anything! So simply do what you can do, and don’t worry about the rest. Worry is not even natural. You would feel foolish if you walked around all day with an open umbrella over your head just because you are worried it might possibly rain later. Instead, you naturally wait to deal with the rain when it comes, if it even comes at all. We humans were not built physically, mentally or emotionally to handle more than one day’s responsibilities and challenges. An important step to winning over worry is simply WIN/PAGE 11

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

FRIDAY|SEPTEMBER 11, 2020

Reinventing Iligan

The continuous surge of Covid-19 pandemic does not, in any way, stop this consortium of steel industry planners and developers to reinvent this former industrial city of the south into a thriving regional economy. After months on the drawing board, the grand plan to bring back to life the defunct National Steel C or p or at i on , onc e t he economic driver of this southern city is about to fire up with a new, hi-tech integrated steel mill facility seen to generate thousands of jobs in the next two to three years. When the old NSC was

still in its glory days, Iligan City had chiseled a niche in the industry as the No. 1 quality steel supplier in Asia. Not anymore today. The former powerhouse in steel and iron industry had overslept such that it went practically bankrupt — down and out, and never dreamed of rising again after it sustained a series of corporate maladies from its former Malaysian and Indian handlers. After years of extended furlough, a saving grace from nowhere came to the rescue to resuscitate the ailing old hand of the country’s steel industry.

An innovative blueprint of the new NSC has been prepared, ready for the relaunching anytime soon —to usher for a fresh start of the former steel giant to rise again, and eventually regain the city’s footing as no. 1 leader in steel making in the Asean region. With a 5-B euros fresh capital, the outdated facility of the old NSC will soon be replaced with a state of the art, fully automated integrated steel making technology provided by a leading European supplier of equipment and physical plants to the metal industry. The revitalized NSC is seen to shore up the road

UNRUFFLED

RUFFY MAGBANUA map for the country’s iron and steel industry. Projections showed that by 2030, the country should be able to compete globally and become a leading provider of quality steel products for domestic and global markets. (ruffy44_ph2000@yahoo.com)

It's the Environment, Stupid! PAINFUL MESSAGE FROM THE PANDEMIC In the ‘90’s, a popular c and id ate for t he U. S . presidency coined a campaign cliché which clicked with the voters that catapulted him to the presidency. “It’s the economy stupid!” a simple hash tag reverberated through-out the land that somehow convinced the voters that what really mattered t hen was t he e conomy and all the nitty-gritty of economic development, i.e., employment, income, infrastructure and what have you, and discussing other issues was just plain stupidity. Yes, that kind of mindset thrives well in a country that has to perpetuate its stranglehold of economic power in the world whose top eight billionaires have consolidated wealth which is equivalent to the total combined assets of 3.6 billion people on earth or half of the world’s population (based on an Oxfam Study). With economic power goes with it military might. I wasn’t surprised when I got an

information that there was a time in recent history when the U.S. was the one supplying armaments to two warring factions in the Middle East. War, after-all, is good business whose stocks of powerful weapons can kill the people of the world forty times over. Yes, it’s the economy, stupid! Could this be the mindset of US corporations that have dumped excess production of milk and wheat to the sea every time there is over production so as not to affect the law of supply and demand? I’ve read this in a Canadian Library when I visited my sister teaching in the University of Western Ontario in the ‘90s. I was not even surprised upon knowing that a US Trans-National Corporation, Monsanto, was the one which supplied the US military with “yellow rain” which was used against the Vietnamese guerillas during the Vietnam war. “Yellow rain” was the term used to toxic chemicals poured-out

like rains to kill the forests where the guerillas were hiding. The more I was not surprised when I knew that it is Monsanto that invented the genetically-modified organisms (GMOs) that have replaced our endemic natural crops (i.e., rice, corn, etc.) to so-called High Yielding Varieties (HYVs) which are subservient to the use of toxic chemicals that have already contaminated our water tables. Yes, everyone has profited from farming i.e., fertilizer and chemical dealers, except the farmers. Today, let us ref lect deeply on the implication of that mindset that what is important is the economy. That money must be used to make more money is a flawed paradigm which is based on the growth-at-all-cost development strategy, also known as the Neo-Liberal Capitalism. That growthcentered paradigm may have improved the economy but at the expense of the people and the environment.

KIM'S DREAM

ORLAN R. RAVANERA The truth is, that paradigm is now being debunked worldwide especially by concerned citizens in the US who are initiating a worldshift. Even His Holiness, Pope Francis, in his latest Encyclical, Laudatu si’, has questioned that moneymust-grow principle. Yes, money must be used not to make more money but to enhance the quality of life of the people. In fact, no less than the United Nations has issued the 17 Sustainable D e vel opme nt G o a ls to stop poverty, stop social MESSAGE/PAGE 11

Managers vs. Leaders In a perfect world, managers are leaders. In fact, everyone in an organization is a l e ad e r. T hat is to s ay, everyone — regardless of role or title — should consider themselves leaders and strive to continually improve their leadership through personal and professional development. But in today’s world, m a n a g e r s a r e n’t o f t e n encouraged to see themselves as leaders. This can create problems in an organization, by demotivating managers and their teams. Companies that consider only those in high-level roles to be leaders can struggle with bottleneck situations, lagging projects, and underperforming teams of people who don’t feel ownership or pride in their work. Let’s explore the difference between managers who see themselves as leaders and managers who don’t. A manager who embodies leadership is self-aware and

confident and able to lead from that place of selfacceptance and self-authority. Ma n a g e r s w h o l a c k leadership training tend to lack self-awareness and confidence and can tend to focus on completing tasks using a dictatorship or “command and control” approach when working with teams. Differentiating between managers with leadership skills and those without can be challenging, so here’s a deeper dive into what leadership looks like and why it matters. How to Differentiate and Why It Matters Imag ine work ing in an organization with high employee turnover every month. Take it further, and visualize your organization struggling to make enough re venue to stay af loat. Meanwhile, another company may be enjoying healthy profits and a workforce singing its praises. The

difference can often be traced to a company’s leadership culture. The reality is that the first instance is a common description of organizations that lack leadership, while the second is mainly seen in companies that believe in developing leadership skills at all levels within the organization. Differentiating between a manager with leadership skills and a manager who lacks leadership can mean the difference between creating a high-performing team and a team that is unmotivated. It can also influence profitability and employee engagement levels in the long run. Here are some examples of the difference between managers who have leadership skills and those who don’t. Managers who see themselves as leaders recognize and take responsibility for their impact in their relationships, projects, and organizations.

NUTS & BOLTS

JEROME DE LA FUENTE

They are in charge of their every success and failure and take responsibility for both. On the other hand, managers who lack leadership training often only take responsibility when they succeed and avoid admitting failures. Managers who lack leadership may even choose to point blame at others when projects have negative consequences. Managers with leadership skills are aware of the importance of vision and values. They take the initiative to personally align themselves LEADERS/PAGE 11


5

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

FRIDAY|SEPTEMBER 11, 2020

OPINION:

Foreigners buying property in CdO Buying a property is for most of us an important step in life. Many considerations are usually made before deciding to go ahead with a purchase also depending on if it is one's own home or an property to be rented out. The recent lockdown and covid experience enhanced certain important criteria of analysis about the property that we want to buy even more. First of all it is now very clear to everyone how important our living space has become considering that we may have to spend more time working from home compared to before. Then the decision whether to buy a condominium unit or a house. How far are the groceries and restaurants? Is transport easily available nearby? Does the property have sufficient natural light and

outdoor spaces? What amenities does the property have? Is it designed in a sustainable way? And as a foreigner an important consideration is if I am allowed to own it or not!? The Philippines is in fact restricting ownership of land to only Filipinos. Therefore house/lot is a sort of forbidden asset for us 'aliens'. Many foreigners are inventing all sort of contortions to bypass these restrictions but as some say: “Better safe than sorry.� Land and therefore a house/ lot, on the other hand, can be leased also long-term like 25 years plus another 25 years which may even exceed many foreigner's life expectation. In that case there won't be much left for their heirs other than a lease contract after they pass away. While

land ownership is a bit problematic condominium ownership is a clear green light for those from the foreign lands. Condominium properties are normally classified as vertical condominiums and horizontal condominiums. A vertical condominium is the classic mid- or high-rise building like for example the stylish green constructions Primavera Residences and Primavera City in Uptown CdO. A horizontal condominium is a sort of terraced house which stands upon land that is not owned by the buyer but is instead owned by the condominium corporation. In Uptown Cagayan de Oro there are many subdivisions spread into the farthest corners and creeks of the high-plateau. It is, though, quiet

a challenge to reach the shopping areas, the market, the mall and the restaurants if one lives many kilometres from the main road or deep into a subdivision. That is why Uptown Cagayan de Oro has a brilliant solution in a strategic location for a foreigner who wants to buy a property in the Philippines. Primavera Residences and Primavera City are two developments in the very heart of Uptown, next to SM-Mall and just in the middle of everything. Many foreigners, Americans, Australians, Italians, British, Koreans, Japanese and other nationalities opted to buy a condominium unit there exactly because they had their safety of investment in mind as well as the comfort of the amenities and especially of the location. Once

LORENS ZILLER

Vice President of the Italian Chamber of Commerce in the Philippines

a foreigner owns a condominium unit it is under his name and can be inherited by his/her heirs and will always be a very valuable asset even in the case where one has to return to his home country. One of the advantages of a condominium unit is that its a sort of plug and play investment. Once you lock the door and come back let's say 4 or 6 months later it will still be the same as when one left. And for those that want to earn a buck while they are away there is the option of enrolling the unit for

property management which will cover the short term and long term rental of the unit as well as all issues related to electricity, water or cable tv payments. Not everyone has the clarity of mind and wisdom to invest his money safely but in consideration that the future is sometimes unpredictable it is very advisable as a foreigner to stay on the safe side when acquiring a property rather than risking to embark in a sometimes never ending legal nightmare.


6

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

FRIDAY|SEPTEMBER 11, 2020

Globe gets 190 permits in August from 85 LGUs complying with JMC AUGUST proved to be a banner month for Globe’s expansion plans as the company secured 190 permits from 85 local government units (LGU) from as far as Bangued in Northern Luzon and Butuan City in the Caraga Administrative Region in Northeastern Mindanao. Of the 190 permits granted, 37 were given in record time by 17 local government units. The company attributed the unexpected but most welcome pace of issuance of permits to more LGUs realizing the need for connectivity in the new normal and in compliance to the Joint Memorandum Circular (JMC) No. 01 s. 2020 signed by the Department of Information and Communications Technology, Department of Interior and Local Government, Anti-Red Tape Authority and other government agencies. “With the implementation of the JMC we see that LGUs are actively working together with telcos to

improve connectivity. Even the LGUs themselves are following up the status of our permits and how soon we can start the installation of cell towers in their respective municipalities and cities,”

Joel Agustin, Globe Senior Vice President for Program Delivery, Network Technical Group, said. The LGUs which granted Globe early permits include Agoo, GLOBE/PAGE 9


7

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

FRIDAY|SEPTEMBER 11, 2020

The potentials of outdoor schooling JEAN BABIA-BULAWIN Teacher-II Kuguita Integrated School

IT’s a crisis for education, but it’s also an opportunity to put everything on the table and consider ideas that would have b een impossible before COVID. O utdo or s cho ol, long relegated to the Waldorf fringe, is getting a serious look. The pandemic is forcing conversations about equity in education, and both parents and teachers are asking how we can reimagine the school day to prioritize student wellbeing and mental health. In ot her words, as schools adapt to COVID, what changes could actually transform education for the better? COVID-19 is an airborne pathogen, meaning that one of the best ways to mitigate risk

is to step outside into the open air. Yet, rather than move in-person school outdoors, districts have doubled down on virtual learning. Research shows that spending time in nature builds resilience and selfconfidence in kids; reduces obesity and attention deficit disorder symptoms; and improves focus, behavior and learning. During the pandemic, it would also mean giving students inperson instruction rather than teaching via screens. There are challenges to taking learning outside. Not a l l s c h o o l s h av e outdoor campuses or parks nearby, not all parks are created equal, and not all neighborhoods are walkable.

The Adult Learning Facilitators in the Virtual Learning Environment By JOEL D. POTANE

Life is a challenge during this time. People are struggling to win the battle against COVID-19. The pandemic has completely changed people's lives, particularly the learners, in the actual classroom settings. For this school year, most students are excited to go to school, but they need to stay at home for their safety, and education seems to be quite difficult to achieve. People in the department have done their best to get through this situation. They are thinking of different learning methods so that students can understand, and time can't be wasted. Digital learning is one of those learning strategies. There is now a change from face-to-face classroom interaction to Virtual Learning Environment (VLE). The virtual learning experience enables learners to practice and learn at home using technology. They may use desktops, computers, or devices as their learning tools, and accessing to the internet or phone is a crucial tool. Parents or adults at home are becoming as learning facilitators. One (maybe a facilitator or learner) must have a positive attitude when using these methods. Adult learning facilitators shall

work closely with teachers to provide instruction about how to promote a digital learning experience with children. The instructional materials to be prepared by the teachers will also include a power guide and instructions for the adult facilitators. Certainly, there are many opportunities and difficulties faced by adult facilitators. The knowledge and skills of adult learning facilitators when it comes to technology use will be tested to guide children in the virtual world. The new norm requires openness to new pedagogies, adaptability, active listening, and right attitude towards facilitating young learners. However, there are occasions when digital interactions would be challenging due to poor internet access, but this would not be a hindrance because asynchronous learning materials will be given by the teachers, particularly those who are unable to participate during real-time sessions. In the midst of the pandemic, learning partners like adults need to have a good outlook of performing their role at home. Hence, students will also enjoy the process and will eventually be competitive in their school tasks via VLE.


BusinessWeek MINDANAO CREDIBLE

RELIABLE

FEATURE

IN-DEPTH

Friday|September 11, 2020

8

HIGHLIGHTS of the 29th MINDANAO BUSINESS CONFERENCE 2020

T

HIS is the first-ever virtual Mindanao Business Conference and it is expected to bring in a much bigger audience through a series of online conferences in September and October. MINBIZCON aims to boost business confidence as the region journey to the new normal. MINBIZCON 2020 will highlight Mindanao’s role in bolstering manufacturing and achieving food security in the Philippines in the new normal. The keynote speaker for the event will be Finance Secretary Carlos Dominguez III. DAY 1 (Thursday, September 10) The first round of sessions will highlight the role of Mindanao as the food basket and an emerging manufacturing hub in the Philippines. Towards A More Resilient Agriculture in Mindanao DA Sec. William Dar will discuss Mindanao’s position as the country’s food hub. Guest Panelists: ECCP Southern Mindanao Business Council Chair Antonio Peralta and PCCI Director of Agriculture Roberto Amores. Levelling Up Mindanao’s Manufacturing Sector Board of Investments

Governor Napoleon Concepcion and Senate Committee on Economic Affairs chairperson . Imee Marcos will discuss the opportunities in Mindanao’s manufacturing sector. Guest Panelists: Holcim Philippines Inc. SVP-Head of Sales William Sumalinog and Oro Chamber President Robertino E. Pizarro. DAY 2 (Friday, September 11) Updates on Mindanao Infrastructure Network DPWH Sec. Mark Villar will give updates on major infrastructure projects. Tourism Road Map Under the New Normal PCCI Committee on Tourism, Retail, and Franchising chair Samie Lim will talk about the challenges and prospects in the travel sector. Innovation and the Digital Economy Alibaba Cloud Intelligence International president Ms. Selina Yuan will present the best innovation practices under the new normal. Guest Panelist: CocaCola Beverages Philippines, Inc. CEO & president Mr. Gareth McGeown. Mindanao Road Map Mindanao Development Authority (MinDa) chairman Sec. Emmanuel Piñol will give a preview

on the “Mindanao Road Map.” Representatives from the private sector will also get to react to the speakers’ messages and share their key takeaways and learnings. In the subsequent sessions in October, delegates will get to to join the series of webinars that will tackle the following topics: Balik Probinsya, Bagong Pag-asa (BP2) (October 1) Innovation: Key to Mindanao’s New Normal (October 9) Ease of Doing BusinessARTA (October 16) Opportunities in the Halal Industry (October 23) Export Opportunities for Agri Products (October 30). Takeaways - We are open for Investment and will Leverage on Food Production, Asean proximity through the BIMP-Eaga and our capability to host Manufacturing of Health Care Products and Other Essential Goods. Emerging ICT and Property Sector in Key Cities in Mindanao can help entry of New Investments For a ONE-TIME registration fee of P500, participants (regular or non-chamber members) will get to join the series of web conferences.


9

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

FRIDAY|SEPTEMBER 11, 2020

Water... from page 1

the cavalier attitude of most everyone about the state of the city’s groundwater. Groundwater is a major source of water for domestic, industrial and commercial use. However, its quality is rapidly deteriorating due to increasing pressure from the booming population and subsequent multiplication of human activities, industrial wastes, and chemical contaminants from domestic, industrial and agricultural activities. The adverse effects of these factors impinge not only the lives all living things but also the balance and harmony of the earth’s ecosystem. Like what happened in Metro Manila and Cebu, unmitigated extraction of groundwater in Cagayan de Oro has already considerably lowered its water table and would inevitably lead to the degradation of its aquifers t h rou g h t h e i nt r u s i on of saltwater, industrial pollutants, bacteria and viruses from untreated waste water, and the like. . Because groundwater is so easy to tap, the uncontrolled proliferation of deep water wells has led to over extraction of Cagayan de Oro’s aquifers beyond their natural recharge rates. This is evidenced by the subsidence or rapid sinking of the ground surface in numerous areas around the city which easily goes under floodwaters every time a sizable rain hits the city. Residents of the pioneer subdivisions in what is now known as Cagayan de Oro’s Uptown recall how easy it was to get clean, drinkable water from their artesian wells even during the 1980s. However, since new subdivisions mushroomed in the area during the economic boom of the 1990s, the unmitigated proliferation of deep wells has dropped the water table in the area at an alarming rate and residents of at least one subdivision in the area complain how the quality of water from their water system is poor and not potable. I t ’s o b v i o u s t h i s deteriorating situation calls for the quick formulation of a Water Master Plan for the city. Even granting Cagayan de Oro was the first and remains to be one of the few cities in the Philippines today which enjoys the benefits of a bulk water supply, this is not a guarantee its residents would eternally enjoy the benefits of its clear, sparkling water. In the short term, it’s imperative that the National Water Resources B oard (NWRB) clamp down on illegal deep wells like what it’s already done in Metro Manila and Cebu. Over extraction of groundwater, both from legal and illegal wells greatly affect our aquifer, which even now also faces additional threats from subsidence, saltwater intrusion, pollution and contamination. The natural

rate of recharge of aquifers and the rate of groundwater w i t h d r aw a l s h o u l d b e balanced with care. B esides short term measures which need to be implemented immediately, it’s also high time that we admit to ourselves the shortcomings of our present management of our water resources. Instead of solely focusing on the efficient distribution of our available water supply, for example, there has been a tendency on our part to sink more deep wells to increase the supply rather than squarely facing issues like the perennial problem of non-revenue water which still has to be significantly reduced until today. Consider for instance, how the Cagayan de Oro City Water District constructed at considerable expense a transmission pipeline in the Western portion of the city to distribute water from its bulk water supply project. Yet, not one of the eleven or so residential subdivisions in the Uptown area has tapped this readily available supply, choosing instead to continue draining Cagayan de Oro’s aquifers at an unsustainable rate. As if this wasn’t enough, COWD even got into the picture and dug additional deep wells into the already water stressed area! The rationale solution to these deficiencies calls for the coordinated development and management of our water resources from both the supply and demand sides within the watershed. As perceived by the National Water Resources Board (NWDB), such an intersectoral and collaborative approach to decision-making must combine authority with appropriate responsibility for managing water resources. The responsibility for water resources management rests on each and every citizen of this city. All of us have to work together to overcome the

two greatest challenges that we face regarding our water: providing safe water for the needs of the present as well as the future; and maintaining the integrity of our ecology and preserving the biodiversity of our environment.

Globe... from page 6

Bangued, Binalonan, Sto. Domingo and Vigan in Northern Luzon; San Pablo, Sto. Tomas, San Jose, Mendez, Rosario and Magdalena in Southern Tagalog; Las Pinas; Angono and Teresa in Rizal; Victorias and Sta. Barbara in Visayas and Butuan in Mindanao. Agustin revealed that additional permits were obtained to start the construction of cell sites in Bauang in La Union; Sta. Lucia in Ilocos Sur; Bangued and Lagangilang in Abra; Lingayen, Binmaley, San Carlos, San Fabian, Pozorrubio, Urdaneta, San Jacinto, and Villasis in Pangasinan; Calamba, San Pedro and Santa Rosa in Laguna; Lipa, Lemery, Calatagan and Mabini in Batangas; Silang, Alfonso, Cavite City, Dasmarinas and Bacoor in Cavite; Pasig City, Manila, Quezon City, Valenzuela, Caloocan, San Juan and Pasay in Metro Manila; Bamban, Santa Ignacia, Tarlac City, Capas and Paniqui in Tarlac; Pulilan, Guiguinto, Meycauayan, Sta. Maria, Marilao and Malolos in Bulacan; Cabanatuan and Zaragoza in Nueva Ecija; Solano in Nueva Vizcaya; Apalit and Magalang in Pampanga; San Felipe in Zambales; Sto. Domingo in Albay; Candelaria in Quezon; and Antipolo City and Angono in Rizal. The go signal has also been secured in Dumaguete City and San Jose in Negros Oriental; Roxas City in Capiz; Barotac Nuevo and Calinog in Iloilo; Babatngon in Leyte; Brookespoint and Puerto Princesa in Palawan; Kalibo

and Tibiao in Panay; and Bogo and Cebu City in Cebu. A significant number of additional sites will also be installed in Pagadian; Cagayan De Oro; Davao City; Datu Anggal Midtimbang, Maguind anao; Pi k it in C ot ab ato ; Tagol o an i n Misamis Oriental; and Monkayo, Davao De Oro in Mindanao. Globe’s network rollouts in San Jose, Sto. Tomas, Lipa, Cuenca, Taal, Tanauan, Lobo, Mataas na Kahoy and Calaca in Batangas; Sta. Cruz, Los Banos and Cabuyao in Laguna; Mendez, Rosario, Noveleta, Carmona, Alfonso and General Trias in Cavite; Las Pinas; Morong, Baras, Teresa, Tanay and Cardona in Rizal; Magalang, Pampanga; Bayombong, Nueva Vizcaya; Cabanatuan and Nampicuan in Nueva Ecija; Sta. Maria and San Mateo in Bulacan; San Jose, Tarlac; Cauayan, Luna, Cabatuan and Ilagan in Isabela; Dumaguete, Bacolod City and Mandaue in Visayas; and Maramag and Ozamis in Mindanao are boosted further after these LGUs removed the need for telcos to secure a permit from their respective Sanggunian Bayan. At least 40 LGUs have already removed this requirement in their permitting process. “The JMC’s aim to shorten the processing of requirements and construction of common towers in the country from the previous average of 200 days to only 16 days has really helped us and we expect more LGUs to support us because

Healthy habits to prevent chronic disease By ELIZABETH P. SIA Teacher I Tudela National Comprehensive High School

FROM social media influencers to great aunt B ess, ever yone has an opinions about the best habits for a healthy lifestyle. But whether you’ve gone allin on apple cider vinegar or think the latest health fads are all hype, the choices you make can have long-term health consequences. Healthy lifestyle habits can slow or even reverse the damage from high cholesterol or high blo o d sugar. You can reverse diabetes, obesity, hypertension, high cholesterol and he ar t disease. Eat plants that are whole, unrefined and minimally processed. Eating plantbased foods helps reduce diabetes, heart disease and

cancer risk. There is evidence that the Mediterranean diet can reduce the risk of developing cardiovascular disease and other chronic diseases. This diet is rich in vegetables, fruits, legumes, whole grains fish, olive oil and nuts. Other evidence suggests that consuming a fully plant-based diet can even reverse chronic, diet-related conditions, including advanced heart disease. This diet eliminates meat, dairy and eggs and includes whole foods such as vegetables, whole grains, legumes and fruits. It is the most compassionate and the most sustainable diet. I suggest you experiment. You don’t have to go fully vegan tomorrow.

BWM: Sept. 11, 18 & 25, 2020

at the end of the day, they can best serve their constituents through connectivity and use of technology specially at

this time that we are faced by limitations of health protocols and physical distancing,” Agustin added.

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan Office of the Municipal Civil Registrar R.A. 10172 (Gender) NOTICE FOR PUBLICATION In Compliance with Rule 7 of R.A. 10172. A notice is hereby served to the public that RAZEL ASUMBRADO DANGARAN has filed with this Office a petition for Correction of Clerical Error-Change of Gender from FEMALE to MALE in the Certificate of Live Birth of RAZEL ASUMBRADO DANGARAN who was born on APRIL 25, 1996 at LA LIBERTAD, KAPATAGAN, LANAO DEL NORTE and whose parents are RAUL DATOR DANGARAN and CORAZON ASUBE ASUMBRADO. Any person adversely affected by said petition may file written opposition with this Office not later than 15 days. BWM: Sept. 11 & 18, 2020

(SGD) IVY REYES TONGCO Municipal Civil Registrar


BusinessWeek MINDANAO CREDIBLE

RELIABLE

www.businessweekmindanao.com

FEATURE

IN-DEPTH

Friday|September 11, 2020

10

NGCP introduces drones, aerial thermal inspections to modernize power transmission operations

A

S PART of its mandate to operate, maintain, and develop the Philippine power grid, NGCP continues to upgrade transmission facilities across the country despite the ongoing COVID-19 pandemic. Since NGCP took over operations of the transmission network in 2009, the company put in place a strategic modernization program to replace and upgrade outdated facilities and processes it inherited from the government.

For its operations, NGCP has equipped three of its helicopters with high definition photo and video cameras with gimbal stabilizers, infrared scanning, and UV detection equipment to monitor, inspect, and evaluate the condition of transmission lines and equipment, particularly those inaccessible due to terrain and environmental restrictions. With these helicopters, NGCP can assess, immediately identify, and deploy personnel and equipment. This is especially crucial during emergency

power restoration activities after typhoons, earthquakes, volcanic eruptions and other natural or man-made calamities. NGCP began using Unmanned Aerial Vehicle (UAV) and Remotely Piloted Aircraft (RPA) or drone technology in 2019. With its high definition photo and video capabilities, transmission line inspections are efficiently completed within a shorter amount of time, in contrast to the previous practice of climbing transmission towers. The company has three drones

NGCP began using Unmanned Aerial Vehicle (UAV) and Remotely Piloted Aircraft (RPA) or drone technology in 2019. With its high definition photo and video capabilities, transmission line inspections are efficiently completed with a shorter amount of time than when traditionally done by manually climbing transmission towers.

currently in use and will continue to roll-out the use of drones around the country in the coming years. NGCP is also preparing to introduce a Central Control and Monitoring System (CCMS) to remotely operate its substations. The system will comprise of real-time monitoring software and hardware which will be used for the acquisition, collection, monitoring, and analysis of power data and equipment condition. By operating the CCMS, NGCP will be able to pilot unmanned substations, effectively improving the operational performance of its facilities and provide greater flexibility for expansion. NGCP substations are also equipped with anti-flooding and fire blocking systems. Critical facilities such as the High Voltage Direct Current (HVDC) buildings in Ormoc and Naga, which connect the Luzon and Visayas Grids, were also refurbished to make them more resilient and to protect them against possible damage brought about by typhoons and other natural and man-made calamities. “One of NGCP’s goals is to bring the Philippine power grid to a world-class status in terms of operational resiliency

NGCP has equipped three of its helicopters with high definition photo and video cameras with gimbal stabilizers, infrared scanning, and UV detection equipment to monitor, inspect, and evaluate the condition of transmission lines and equipment, particularly those inaccessible due to terrain and environmental restrictions.

while employing the latest technological advancements. We are also equipping our personnel with the necessary skills and tools to efficiently use and operate these new technologies to provide the country with quality, reliable, and sustainable power transmission services,”

explained NGCP. NGCP is a Filipino-led, privately owned company in charge of operating, maintaining, and developing the country’s power grid, led by majority shareholders and Vice Chairman of the Board Henry Sy, Jr. and Co-Vice Chairman Robert Coyiuto, Jr.


11

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

FRIDAY|SEPTEMBER 11, 2020

Win... from page 4

to choose not to be a victim. Many of the things we worry about come from the wrong words and behavior of other people—yet we feel somehow responsible for their bad attitudes and actions. It’s true that peace with other people is very important, but never at the expense of the truth and facts. If you know for certain that you did not do something wrong, then you are not helping the other person by always rescuing him and taking responsibility for his wrongs. Remember, with Jesus in control of your heart and life you are a victor not a victim of other people and circumstances. So won’t you ask Him to forgive you for living your own way, and to help you start living His way? It is only when you have His inner peace and power that you can truly win over worry. Just think a minute…

Leaders... from page 4

with that vision and identify common personal values that create a foundation for their own motivation to work on the organization’s priorities. They also help others in the organization to find alignment and enthusiasm for the vision and associated priorities. Managers who lack leadership often simply focus on the completion of tasks and deadlines without paying attention to the underlying motivation and long-term success. Managers with leadership clarify what matters most, prioritize those aspects, and commit to making those priorities happen. By choosing what to prioritize and practicing accountability, they lead by example and set a clear path to be followed. Managers without leadership skills may delegate work, without considering the company’s and team’s values, workload limits, and priorities. When pr i or it i e s are n’t c l e ar, everything becomes urgent, and teams can end up being confused, overworked, and overwhelmed. Managers with leadership sk i l ls tend to e va luate situations frequently and have the agility and flexibility to change course when needed. They are willing to adapt to situations, learn from failure, and adjust accordingly. Managers who lack leadership might simply focus on past successes and try to replicate those project successes by using the same approach, even when alternative methods are suggested. They may fear trying something new and often miss opportunities to innovate or create additional value. Managers with leadership skills know when to step back to create developmental opportunities for others. They enjoy sharing the spotlight with colleagues and enjoy seeing others succeed as well. They value learning opportunities and encourage personal and professional

growt h. Managers w ho lack leadership may not be interested in taking advantage of personal or professional growth opportunities. Managers with leadership skills inspire leadership in others by asking challenging questions, listening deeply, championing, and acknowledging. They want others to be the best versions of themselves, and they encourage them to think critically. They have a desire to build confidence within the people around them. Managers without leadership skills may forget to notice and acknowledge the strengths and successes of others. Ma n a g e r s w h o l e a d foster an environment of cooperation and mutual trust. They appreciate the skills of others and look for opportunities to partner. They enjoy building teams, developing connections, and finding synergy. Managers who lack leadership often believe they are the only ones who can do a job right. They tend to work in isolation and avoid asking for feedback or help. Managers with leadership skills know how to build effective professional relationships. The y s et re as onable b oundar ies, communicate honestly, and avoid making assumptions. Managers who lack leadership don’t take the time to set expectations and communicate honestly when those expectations aren’t met. As a result, relationships within their team members can become strained and trust can decline. Managers with leadership skills trust their intuition, imagination, and instinct. They are in tune with energy around them and can tell when something is working or not. Managers lacking leadership training often rely on simply following the rules and existing processes and may miss opportunities to innovate and create something new. Simply put, managers with leadership abilities have vision, collaborate, serve, and believe in themselves. They understand the various dimensions of leadership and how to tap into each as the need arises. Leadership is not in a title. It is about self-awareness, self-authority, and taking responsibility for your world.

Message...

from page 4 injustices and inequities, protect the environment, etc. underscoring the importance of the cooperatives to be transformative for people, planet, prosperity and peace. It is not the economy, anymore but the environment that is of utmost importance. The truth is, in the absence of a major change, the global system will collapse in less than one hundred years because of the unsustainability in the economy where only a few oligarchs are in control and the unsustainability in the ecology. Yes, global warming, melting of the iceberg, the extinction of the species,

the rising of the oceans and the depletion of the ozone layer are concrete proof and evidence that we are now facing our own extinction. Don’t you know that for every one Celsius increase in global temperature, there will be a corresponding 10% reduction in food production. As the earth warms, the insects’ bites will become more fatal and can reach high altitude. It has been forecasted by scientists that in the next 50 years, earth will increase its temperature that will empower the insects to reach very high altitude. Example, the inhabitants of Bhopal must leave their c ou nt r y for re a s on of pestilence to seek refuge in Nepal but Nepal during that time will already be under water. Yes, the environment must now take precedence over the economy that promotes s o mu ch c onsu me r is m and unbridled materialism otherwise famine, pestilence, war and death as biblically revealed by John will be the order of the day. Our Indigenous People are in fact correct when they said, “ANG KINAIYAHAN DILI L A M A NG T I N U B DA N S A K I NA BU H I K U NG DILI MAO GAYUD ANG KINABUHI!” Despite such glaring truism, Mother Earth and the people are continually being sacrificed by the present economic paradigm to the altar of greed and profit. Today, with the onslaught of a pandemic that has sort of put disastrous economic acitivities on a standstill, the sky, the sea and the land have become clear from pollution and we are regaining back ecological integrity! The 6th extinction of GAIA (mother earth) is temporarily stalled! Thus, the message from COVID-19 is clear: IT IS NOT THE ECONOMY BUT THE ENVIRONMENT, STUPID!

Revive... from page 1

by the pandemic and the restrictions imposed by the quarantines and other public health countermeasures. “While our many other workers brave the front lines to save lives and treat the infected, you, our entrepreneurs, have been fighting in the trenches to save jobs, and bring back our economy to the track of high growth,” Dominguez said. “The country is grateful for your efforts.” The finance secretary cited how fiscal imperatives such as the TRAIN Law, the amnesties for estate taxes and delinquencies, and the increase in sin taxes to fund the Universal Health Care Program, were passed with the support of PCCI chambers nationwide. “These initiatives have strengthened our fiscal and economic positions. We are better prepared now than any point in recent history for “black swan events” such as the Covid-19 pandemic that has put lives and livelihoods at serious risk.”

Dominguez also explained how fiscal reforms such as the Build, Build, Build Program and other measures initiated by the DOF’s Sulong Pilipinas consultations have helped bring down the country’s debt-to-GDP ratio to a historic low of 39.6% in 2019 and improved PH’s revenue stream to 60.1% of GDP last year, the highest in over two decades. These allowed the country to build its Gross International Reserves to an unprecedented US$98.6Billion in July 2020 and earn for the PH its highest ever credit ratings. This also helped the country bring down its poverty rate to 16.7 percent last year compared to 23.5% at the start of the present administration. Turning the corner Since quarantine restrictions were eased beginning July following the lockdowns of the second quar ter, the Philippine economy has been gradually getting back on its feet. “The value of production index for the month of July showed a slower annual decline of 14.8 percent from a high of 41.2 percent in April,” Dominguez shared. “Similarly, the volume of production index likewise shrank at a slower rate by 11.9 percent compared to a high of 38.8 percent in April”. Similarly, both the Bureau of Customs and the Bureau of Internal Revenue registered hefty tax collections in August and exceeded their targets: BIR with P172.06-Billion vs. the target P118.20B, up 45.6%; and BOC P44.65B actual vs. P33.68 target, or up 32.6%. In another favorable development, the country’s unemployment rate in July 2020 fell to 10 percent, easing from 17.7 percent in April. Despite these however, Dominguez stressed government would continue to wage war versus Covid-19 on all fronts even if signs of recovery are emerging. He added that the administration will continue to work with C ong ress on e conomic priority bills what will make more support available for businesses, workers and families, and will come online as soon as Congress will be able to pass them. Legislative Imperatives to Revive the Economy “We are pushing for the swift passage of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act that will provide targeted incentives and bring down our country’s current corporate income tax rate of 30 percent to 25 percent as soon as possible. This will reduce further by one percentage point every year from 2023 to 2027.” “Our government banks will also set up a company to d e a l w it h probl e ms involving solvency issues and we will be inviting other multilateral agencies and foreign investment companies to participate.” “We will provide greater support to the agriculture sector by giving the banking

system the ability to support the whole value chain of agri-enterprises.” “O u r st r ate g y for economic recovery rests on sustaining the Build, Build, Build program. Investments in infrastructure have the highest multiplier effect in the economy that creates jobs, fires up consumption, and spurs productive activity.” Mindanao is front and center of our Build, Build, Build Infrastructure Program. DOF has been able to secure financing for some key infra and peace building projects in the BARMM and the rebuilding of Marawi City, even amidst the pandemic including multilateral sources like Japan and the European

Union. “It is important that we exercise fiscal prudence to ensure we do not run short of resources in this long game,” Dominguez stressed. “We will do what is necessary but we will not be wasteful.” “What we are facing is a test of fiscal stamina. How a country’s economy performs during Covid-19 and how quickly it can bounce back once the crisis is over will depend on this economic resilience.” EXTRAJUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE KNOW ALL MEN BY THESE PRESENTS:

That the late FERNANDO MAIZO DAGANG who died on September 29, 1990 at Banday Malabang Lanao del Sur, that in time of his death he left certain parcels of land with KOT-P-39544, Lot No. 8045 PLS 805 situated at Cabacungan, Claveria, Misamis Oriental containing an area of 13,160 square meters, and has been the subject of an EXTRAJUDICIAL SETTLEMENT AMONG HEIRS OF ESTATE WITH DEED OF SALE, filed by the heirs of FERNANDO MAIZO DAGANG, in favor of VIRGINIA A. SEMINE, per DOC #82; PAGE #17; BOOK #XVII; Series of 2020 under the Notarial Registry of ATTY. ANNE MARGARETTE JULIET M. CRUZ.

That the late MARCELO Y. PIQUERO who died on April 7, 1981 at Cagayan de Oro City and PELAGIA T. PIQUERO who died on January 8, 1987 at Tagoloan, Misamis Oriental, that both deceased died intestate, without will or testament, and without any outstanding debts in favor of any person or entity, that both deceased left among others a parcel of land with Transfer Certificate of Title No. T-19042 situated in Bulua, Cagayan de Oro City, containing an area of ONE HUNDRED TWENTY FIVE (125) square meters, more or less, and has been the subject of an EXTRAJUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE, filed by the heirs of MARCELO Y. PIQUERO and PELAGIA T. PIQUERO, in favor of GILBERT ELRICH MIRANDA, per DOC #494; PAGE #99; BOOK #90; Series of 2020, under the Notarial Registry of QUINTILIANITO S. BABARIN, JR.

BWM: Sept. 11, 18 & 25, 2020

BWM: Aug. 28, Sept. 4 & 11, 2020

EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS OF ESTATE WITH DEED OF SALE KNOW ALL MEN BY THESE PRESENTS:


12

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

FRIDAY|SEPTEMBER 11, 2020


Turn static files into dynamic content formats.

Create a flipbook
BusinessWeek Mindanao (September 11, 2020) by Mindanao Daily News - Issuu