BusinessWeek MINDANAO CREDIBLE
Volume VIII, No. 44
Market Indicators
As of 6:00 pm September 15, 2017 (friday)
FOREX
PHISIX
US$1 = P51.242
8,180.85
9.9 cents
X
35.94 points
Briefly
X
Airport expansion GENERAL Santos City- The Civil Aviation Authority of the Philippines (CAAP) has begun the expansion of the city’s airport in a bid to upgrade its facilities and make it at par with international standards. Engr. Rex Obcena, local airport manager, said the Department of Transportation (DOTr) had allocated some R1 billion for the expansion of the airport facilities here including the construction of an airport terminal building and navigational aids and other amenities of the airport. He said the construction started last month which covered the renovation of the main building and expansion of the front ramp.
Poultry ban lifted THE lifting of the ban on the entry of poultry products from Luzon will go ahead despite a petition by poultry industry associations in Mindanao for Agriculture Secretary Emmanuel F. Piñol to continue the ban until November. “There is still no declaration that we are free from the avian flu that affected several farms in Pampanga and Tarlac and until then the government should ensure that Mindanao remains free from the virus by blocking the entry of poultry products from Luzon,” said Lalaine A. dela Victoria, president of the Davao Poultry and Egg Producers Association. After Mr. Piñol has lifted the ban on Luzon products, the Mindanao poultry farmers decided to bring their appeal to the local government unit (LGU) level. The signatories to the appeal are the Southern Philippines Egg Producers Association, Northern Mindanao Egg Group, Davao Poultry and Egg Producers, Inc., and Davao United Game Fowl Breeders Association.
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Bukidnon gov decries P1-K budget for NCIP www.businessweekmindanao.com
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Monday | September 18, 2017
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By GERRY LEE GORIT, Reporter
HE governor of a province with most number of lumad inhabitants in the country has appealed to Congress to reconsider its decision to give budgetary allocation of P1,000 to the National Commission for Indigenous People (NCIP).
“It saddened me, because 36 to 37 percent of 1.4 million people in Bukidnon are Lumads and they are the poorest,” Bukidnon Governor Jose Maria Zubiri said. Zubiri, also chairman of the Regional Development Council of Region 10, said: “It’s a pity. I don’t know decries/PAGE 11
DISMAYED. Bukidnon Governor Jose Maria Zubiri expressed his dismay over the meagre allocation given to the National Commission for Indigenous Peoples (NCIP) saying 37 percent of his province’s population are Lumads and among the poorest in the country that badly need help. photo by gerry lee gorit
Lapeña: BOC plays vital role in anti-drug drive By GERRY LEE GORIT, Reporter
THE Bureau of Customs (BOC) plays an important role in the government’s war on illegal drugs, Customs
Commissioner Isidro Lapeña said Friday. As the former head of the role/PAGE 11
DUHAT WINE. A woman pours two-year-old fermented duhat wine in the winery of the Bolisong Women’s Association in barangay Bolisong, El Salvador City, Misamis Oriental. photo by mark doña francisco
Real estate boom spurns land disputes By MARK FRANCISCO, Staff Writer
Bureau of Customs (BOC) officials led by Commissioner Isidro Lapeña (center) showed to reporters the seized sacks of onions from China during his visit to the Mindanao Container Terminal (MCT) in Tagoloan, Misamis Oriental on Friday. With him are MCT Sub-port Collector Atty. Samson Pacasum (left) and BOC-10 District Collector Jamail Marohomsalic (right).photo by gerry lee gorit
RECENT real estate developments in the uptown barangay of Indahag in Cagayan de Oro City have spurned two major land d ispute s , a c c ord i ng to Indahag barangay chair
Melitonia Patriana. In a press conference last week, Patriana identified one of the major projects as a direct access road from barangay Indahag to upper Carmen directly leading to
SM City Cagayan de Oro. The other boom in the area is the opening of the sprawling mountaintop amusement facility Sierra del Oro, which initially offered last year its flagship restaurant and paragliding business called disputes/PAGE 11
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2
Economy
Tagum’s best lechon bared
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AGUM City -- Despite the cloudy weather, expectators patiently waited around the roasting area, hoping to take pictures and to root for their favorite lechon houses. The Pigrolac Pigdiriwang L echon Competition is part of the UGMAD Festival which is a month-long celebration in honor of farmers and livestock providers organized by the City Government of Tagum. Now on its 5th year, the competition has grown bigger with 13 participants for the professional level and
one representative each barangay for the barangay level. Bonnin’s Lechon, located at Prk. 2 Apokon, bagged the title of ser ving the best lechon and the cash prize worth P6,000.00. It was followed by Jun’s Delicious Lechon which won Php 4,000 and Emma’s Lechon who went home with Php 3,000. Both are located at Bonifacio St., Tagum City. The competition was held at the Rotar y Park of Tagum, where different stalls lined up to sell or display their plants, livestock products, paintings,
and other products. The competition was judged by Mr. Eric Balgona, the resident chef of Punong Restaurant 1 and 2, Ms. Amparo Lacandula, PhD, director of Quality Assurance and Development based in USEP, and Ms. Rhea Ann Tio-Gallemit, Meat Inspector of NMIS, Davao City. Dr. Jesus Edullantes, the City Veterinarian pointed out the importance of the said competition, as a way to differentiate Tagum’s lechon from the neighboring cities. The competition also ser ved as an essential
tool in acknowledging the talents of the Tagumenyo lechoners. The said competition was open for professional lechoners while the barangay based lechoners competition will be on September 16, 2017. Mr. Eddie Buemil, the president of the Lechon Organization in Tagum is hoping for more success on the competition to come in the future. The increase in the number of participants this 2017 is a testament that the tradition of roasting lechon in Tagum City is definitely alive. (Z. Manalo/CIO Tagum)
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Health committee seeks to regulate e-cigars in CdeO THE CAGAYAN de Oro City Council committee on health and sanitation and health insurance is now working on the enactment of an ordinance regulating e-cigarettes in the city. During its recent meeting, the committee, chaired by Councilor Maria Lourdes S. Gaane, discussed the proposed ordinance implementing the comprehensive anti-vaping ordinance of Cagayan de Oro, prohibiting the use, sale, distribution, and advertisement of electronic cigarettes in certain places within the city. It may be recalled that the City Legal Office submitted its legal opinion
on the creation of the Smoke-Free Task Force, which stated that it is the mandate of executive agencies. According to the legal office, the e-cigar and Electronic Nicotine Delivery Systems (ENDS) has no legal basis since it is not covered in Executive Order 26. It was proposed that the city come up with a separate ordinance for such regulation. During the meeting, the Department of Health (DOH) said the office would coordinate with the Food and Drug Administration (FDA). Art Reyes, a regulate/PAGE 10
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Judith Polestico (4) grabs the microphone to answer a judge’s question during the Miss Silka Northern Mindanao 2017 coronation last September 15 at Centrio in Cagayan de Oro City. Polestico will eventually win the crown that night. photo by mark francisco
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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3
CorporateWorld
Auto sales up 8.7% in Aug.
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AR sales in August rose by 8.7% to 35,309 as most vehicle categories continued to post doubledigit growth, the latest industry tally show, bringing automakers closer to their yearend goal. The month’s sales report raised the yearto-date total to 268,424 units, up 16.7% yearon-year, according to the joint report from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers
Association (TMA). “August sales results remained stable, driven by the good sales performance of key models from major manufacturers,” said CAMPI President Rommel R. Gutierrez. Also driving the month’s sales growth is “the competitive promotional support and marketing activities to further push vehicles,” said Mr. Gutierrez, who is also first vice-president for government and industry affairs of Toyota Motor Philippines Corp.
Small businesses seen to increase IT spending on Cloud services
Among the various technologies available for businesses, Cloud is definitely right on top of the minds of executives all over the world. According to IDC’s latest Worldwide Semi-annual Public Cloud Services Spending Guide, global spending on public Cloud services will grow up to $141 billion in 2019, and SMBs will contribute 40% or roughly $56 billion of that amount. Here in the Philippines, a trend analysis report by BMI Research shows that Cloud computing is expected to account for 13% of the Philippine IT services market by 2020, with digitization of government agencies and SMBs being the two main driving factors. For local leading digital enabler ePLDT, these studies just show how the Cloud is essential for small businesses to achieving growth and success. “Studies consistently show that the Cloud is playing and will continue to play a huge role in driving growth for the business community as companies look for better and much more affordable solutions.
This is especially true for SMBs as it addresses common pain points and more importantly, fills in resource gaps. Also, with a predominantly young and mobilecentric workforce, SMBs and startups stand to benefit from the Cloud,” said ePLDT Group Chief Operating Officer Nerisse Ramos. A low-cost, no-worry solution One reason for the Cloud’s popularity among small businesses is its ability to drastically reduce total cost of ownership, requiring customers to pay only for what they need and when they need it. The servers hosted by Cloud service providers enable mass-scale computing power and minimize IT requirements and physical storage, providing significant savings. Additionally, the choice frees a company the workload needed to manage and operate servers, which includes the arduous tasks of updating and upgrading necessary hardware and software. “Free of initial upfront costs, Cloudservices/PAGE 10
August sales growth, however, was slower than the previous month’s 23.3% when 36,951 units were sold. On a month-on-month comparison, sales for August were lower for both light commercial vehicles and passenger cars. Sales of light commercial vehicles slipped by 0.8% to 24,051 unit month-on-month. Passenger car sales were also lower by 11.4% at 11,258 units. Asian utility vehicles also declined to 6,864 units, down 11.6%. In August, Mr.
Gutierrez said that despite the sales growth in July, carmakers remained cautious as they entered the second half of the year. During the eightmonth period, commercial vehicles cornered the
biggest share at 66.05% with a total of 177,285 units sold, up 22.3% from a year earlier. Light commercial vehicles followed with a share of 63.64% for the 112,827 units sold during
the January-August period, which had sales growing by 19.4% year-on-year. Passenger cars accounted for the thirdbiggest share at 33.95%, followed by Asian utility sales/PAGE 10
Sta. Lucia Land builds Luzon, Davao land bank HOMEBUILDER and mall owner Sta. Lucia Land, Inc. (SLI) is growing its land bank with the acquisition of over 50 hectares (503,488 square meters) of land, mostly in Luzon, it said will be converted into residential and commercial communities. In a disclosure to the stock exchange on Friday, the listed real estate firm said its executive committee has approved the acquisition of land during a special meeting on September 14. The parcels of land are located all over the country, the biggest of them in Marikina City at 355,310 square meters (sq.m.), followed by a total of 53,133 sq.m. in Quezon builds/PAGE 10
Philippine Airlines’ Bombardier Q400 landed in Manila on Sept. 12. -- PHILIPPINE AIRLINES
PAL gets 2nd Bombardier Q400 plane PHILIPPINE AIRLINES said it recently took delivery of its second Bombardier Q400 aircraft, bringing to 83 its total number of planes. In a statement, the flag carrier said the biclass next generation Bombardier Q400 arrived in Manila on Tuesday after flying approximately 11,400 nautical miles from Toronto. It had nine technical stops in Newfoundland in Canada, Le Bourget in France, Malta, Egypt, the United Arab Emirates, Pakistan,
India, Bangladesh and Thailand. PAL said it will use the 86-seater plane for select intra-domestic routes. In June, PAL signed a deal with the Canadabased plane manufacturer for the exercise of its seven Q400 aircraft purchase rights. The agreement brought PAL’s total firm order to 12 Q400 aircraft, valued at approximately $235 million. PAL said the remaining 10 Q400 units will be delivered through
2019. The flag carrier is targeting to increase its passenger volume to over 20 million by 2021, as it adds more flights. “From 15 million passengers (projected) in 2017, we project to carry more than 20 million passengers in 2021 — from foreign visitors to our OFW [overseas Filipino workers] heroes, families, and the men and women who run businesses,” PAL President Jaime J. Bautista said in a recent forum.
British Ambassador Daniel Pruce meets British Chamber
BCCP’s Board of Trustees, headed by Chairman Chris Nelson, and Platinum Members struck a pose with the new British Ambassador.
The British Chamber of Commerce Philippines introduced its Board of Trustees and Platinum Members to the new British Ambassador Daniel Pruce at The Peninsula Manila. The gathering primarily aims to strengthen collaborative partnership with various stakeholders in promoting United
Kingdom and Philippine economic ties. Among the salient points discussed in the meeting were current business environment, opportunities for UK companies keen to do business in the Philippines, BCCP’s current initiatives and plans, members’ interests, and the recent successful
hosting of DuterteNomics Forum last week. BCCP is the Overseas Business Network initiative (OBNi) partner of the Department for International Trade (DIT) in the Philippines. Dedicated to delivering DIT’s basic trade services, the project started in the country in FY 2014-15.
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Opinion
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NGCP’s greed
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Ruffy magbanua SENATOR Richard Gordon, chair of the Blue Ribbon Committee has renamed the National Grid Corporation of the Philippines (NGCP) into National Greed Corporation of the Philippines for nothing. During the time of PNoy, a highly questionable ruling through a Complaint of Expropriation was released in favor of the National Grid Corporation of the Philippines (NGCP) against a prime lot owned by the Social Security System (SSS). The issue is all about the issuance of a Writ of Possession by Branch 108 of the Regional Trial Court
have my say
Philippine Press Institute
klaus doring
Creature of Habit think a minute
jhan tiafau hurst Think a minute…You’ve probably heard the expression “A leopard can’t change its spots.” This, of course, is true of leopards. But is it true of people? Can people change? Are we humans just creatures of habit? Do we not have any control over our actions and habits? One guy said, “Bad habits are like a comfortable bed: they’re easy to get into, but hard to get out of.” Someone else said: “The chains of habits are too small to feel until they’re too strong to break.” So ‘breaking the mold’ of our bad habits takes effort, yet one of the greatest freedoms in life is the freedom from bad habits. Habits are like the roads we take through life everyday. The problem is that not every road takes us where we need to go. Actually, our routes through life often become our
ruts in life. We end up stuck in them and find it hard to dig ourselves out. That’s why we must change our bad habits as soon as possible before they become our ‘second nature’. You see, our habits become our character and our character becomes our life. As one wise person said: “First we make our habits, then our habits make us.” But we humans don’t like to change, do we? So we come up with excuses, like: “I can’t be different; that’s just the way I am.” Or we say: “I was born this way.” And the good ol’ saying: “You can’t teach an old dog new tricks.” But that’s just it: we’re not dogs or animals. In fact, we’re the only creatures who have the freedom and power to change and choose the kind of person we become. So what habits do you need to start changing today? You know, there’s one bad habit you need to change first, that will help you change all your other habits. It’s the habit of living your own way, instead of your Maker’s way. He’s the only one who knows the road to the best, most satisfying life for you. So today, won’t you ask Jesus Christ to forgive you, and to take full charge of your habits and life? Just Think a Minute…
operates and manages the national power transmission since 2001. By virtue of their contract with TransCo, NGCP has governmental power for expansion which circumvents an article on expropriation in the constitution. But what is even more curious are the following events: 1) 16 July 2015- NGCP files a complaint of expropriation against SSS where they offered to buy 42,218 sq m SSS property at Php 3k per sq m. 2) 27 July 2015- RA 10752 was enacted by Congress which states: “S E C . 4 . Mo d e s o f Acquiring Real Property. – The government may acquire real property needed as rightof-way site or location for any national government infrastructure project through donation, negotiated sale, expropriation, or any other mode of acquisition as provided by law. In case of lands granted through Commonwealth Act No. 141, as amended,
otherwise known as “The P u b l i c L an d Ac t”, t h e implementing agency shall: (a) Follow the other modes of acquisition enumerated in this Act, if the landowner is not the original patent holder and any previous acquisition of said land is not through a gratuitous title; or (b) Follow the provisions u n d e r C o m m o nw e a l t h Act No. 141, as amended, regarding acquisition of right-of-way on patent lands, if the landowner is the original patent holder or the acquisition of the land from the original patent holder is through a gratuitous title.” 3) 26 May 2016- NGCP increased the expropriated land to 60,872 sq m at Php 24k per sq m which is a total of Php 1.45B for a parcel of land with a zonal value (lowest appraisal value) of over Php 11B. This means that they pretended to offer more for the land which in reality will make SSS lose over Php 10B (maybe up to a Php 100B in a fair market greed/PAGE 10
LOOSING FAITH?
Member:
Oro Chamber
of Pasay City over a prime property consisting of 60,872 square meters (6.5 hectares) located at Diokno Avenue in Pasay City owned by the SSS 34-million members. SSS raised the issue of the propriety of NGCP as a private corporation, to expropriate public property already devoted to public purpose. How do es a pr ivate contractor invoke a government power against the SSS to acquire land intended for the public? The Complaint of Expropriation is the right of government, or governmentowned or government-led companies to force a sale of a property. The SSS land is a government property owned by the 34-M members and 2-M pensioners who have dutifully paid their SSS dues. On the other hand, the NGCP is a private corporation led by Henry Sy Jr and Robert Coyiuto Jr under contract with government-owned and controlled TransCo that
A friend of mine started talking with me and mentioned the good old days. Yes, those were the days my friend! Well, we all know: times have changed. More natural disasters, more wars, more people all over the world who are lossing their faith. To be or not to be. Sein
oder nicht sein. Shakespeare. To say it clearly: without faith, we’re really nothing. Faith is belief; believe in us, in our works, talents and our personalities. We should also believe in our parents - or much better, in our whole family including the black sheep, which can be found every where. We should believe in our friends, even it seems to become very difficult many times. Please remember, my dear readers: without faith will we reach the rock bottom. Don’t say, it’s a likely story. The German poet Johann Christoph Friedrich von Schiller (1759-1815) has mentioned in his drama “Maria Stuart”: “Even the
word might be dead, but faith keeps it alive!” Chapter I of Second Thessalonians gives encouragement to all Christians, who were undergoing persecution for or because of their faith. Yes, faith is really not everybody’s thing, or “not everyone has faith”. “If I have faith, that can move mountains” (First Corinthians 13,2). Faith is a tantamount to convincing and conviction. Richard Wagner (German classical composer and poet, 1813-1883) found the following lyric: “Blessed are those people, who know how to live their life in humility and faith.” So, let’s even continue believing in our governments
or the institution church. Faith means also a belief specially in a revealed religion. Faith is trust or reliance. Faith is indeed a pledged word. Yes, I know. Faithful love is loyal, reliable, exact and honorable love. Faithful love means even to love your enemy. Allow me to close this column with a Chinese proverb: “People without faith in themselves cannot or will never survive!” - Worth to think about it! +++ Email: doringklaus@gmail. com or follow me in Facebook, LinkedIn or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com .
Abuse of “power of the purse” Speaking out
ignacio bunye He may not be a lawyer. But Delfin Lorenzana certainly knows what is constitutional and what is not. In defense of the Commission on Human Rights, Lorenzana said the CHR is a constitutional body and as such must be adequately provided for. Lorenzana was reacting to the recent decision of the House of Representatives to approve a P1,000-a-year budget for the agency. Those who similarly oppose the congressional action, view it as a virtual abolition of the
agency. Oppositors maintain that the abolition of the CHR can not be done via ordinary legislation. It can only be done by an amendment of the 1987 constitution itself. The administration’s move to abolish the CHR has been an open secret. No less than President Duterte has mentioned in various speeches/interviews that CHR should be abolished. As far as the President is concerned, the CHR has been selective in his human rights advocacy and a very severe critic of the war against drugs. And that, to the President, is a mortal sin. Whether he admits it or not, Speaker Alvarez is simply following the script from Malacanan, which, in reality, ultimately controls the power of the purse. But short of abolition of the CHR, the House of Representatives can still change its mind. That is, if CHR Chair Chito
Gascon were willing to resign. However, Gascon, sensing public support for the CHR, is not prepared to oblige Alvarez. So what happens next? All appropriation bills must originate from the House of Representatives. Fortunately, the Senate can either concur or propose amendments. In other words, the Senate can come up with its version of the CHR budget. This early, the likes of Senator Lacson have vowed to give the CHR the budget that it deserves. In the end, both houses of Congress - the House of Representatives and the Senate, must agree to agree. But unless somebody blinks, we appear headed for a legislative deadlock which could even jeopardize the entire 2018 budget. I don’t think Alvarez and the President’s staunchest Congressional loyalists can afford that. 10th most stressful city
Every now and then, we make it to the 10 worst list. The latest was our inclusion among the world’s ten most stressful cities. Manila recently earned the 10th spot in this dubious list. In fairness, to Mayor Erap, the distinction should not be owned by his city alone but should be shared by most of Metro Manila. The average daily commute of Metro Manilans, with cars, is a minimum of 3 hours. Thanks to the horrendous traffic practically everywhere one goes. For those who take public transport, the average commute can go up to 4 hours. Those are for days when the TNT is running regularly. TNT? A new nickname coined by my favorite news commentator for MRT. It simply means Tigil Nang Tigil. Note: You may email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out”.
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5
Banking&Finance
Remittances increase 5% to $16.1 B in seven months
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EMITTANCES sent home by overseas Filipinos via banking networks reached $16.095 billion in the first seven months of the year, up five percent year-on-year, Bangko Sentral ng Pilipinas (BSP) Officer-in-Charge Diwa C. Guinigundo
announced yesterday. “The sustained increase in OF remittances was supported by stable demand for skilled Filipino workers abroad,” according to a BSP statement quoting Guinigundo. For the month of July alone, cash remittances
increased by 7.1 percent year-on-year to $2.283 billion. The BSP official said the “primary contributors” by country to the expansion in fund transfers during the period were the US, United Arab Emirates, Singapore and Japan. The US contributed 3.3 percentage points to
the remittances growth, while UAE, Singapore and Japan accounted for 1.1 percentage points, 0.8 percentage point, and 0.6 percentage point, respectively. Guinigundo said remittances from landbased workers increased by 6.8 percent to $1.8
Bankgo Sentral ng Pilipinas Honors it Stakeholders in Region XI The 2017 Awards Ceremony and Appreciation Lunch for BSP Stakeholders in Region Xi was held at the BSP Davao Regional OFffice, Davao City on 12 September 2017. Monetary Board Member Antonio S. Abacan, Jr. led the said event. Southern Bee Foods Corporation was chosen as the Outstanding Respondent among Large and Medium Firms while Davao Central Chemical Corporation was recognized as the Outstanding Respondent among Small Firms for the Business Expectations Survey in Region XI. The National Economic and Development Authority (NEDA)Region XI was recognized as
Outstanding Partner for Report on Regional Economic Developments in the Philippines for the third consecutive year and received the Gold Hall of Fame Award. The Outstanding Credit Surety Fund (CSF) was given to the Davao del Norte Credit Surety Fund. Rizal Commercial Banking Corporation was given the awards for Outstanding Regional Partner in Currency Programs for Clean Note Policy. Finally, the award for Outstanding Regional Partner for Implementing BSP Advocacy on the Conduct of Public Information Campaign was conferred to the University of Mindanao. Each awardee was presented the “Dynamic Balance, Philippine
Eagle” trophy while the Gold Hall of Fame awardee received the Soaring to Greater Heights” trophy, both of which were crafted by visual artist and multi-awarded sculptor, Mr. Ferdinand Cacnio. This event attests to the successful partnerships that have helped the BSP maintain price and financial stability and ensure an efficient payments and settlement system. Stakeholders of the BSP in the National Capital Region were earlier commended during the awards ceremony at the BSP Main Complex, Manila on 11 July 2017. The annual stakeholders’ awards in Region XI is the ninth in a series of 12 regional stakeholders’ events for this year.
billion while those from sea-based workers went up by 8.4 percent to $500,000 compared to same time in 2016. Personal remittances or transfers not coursed through the banks amounted to $17.923 billion as of end-July, this was 5.9 percent higher
year-on-year. For July only, remittances reached $2.559 billion or up 8.7 percent compared to same period in 2016. The steady growth in personal remittances drew support from the remittance inflows from land-based OF workers increase/PAGE 10
Peso unchanged in choppy trade amid N. Korea tension THE peso held steady against the dollar even as the greenback surged against the yen as currency traders brushed off the latest missile fired by North Korea in a volatile day of trading on Friday. The peso on Friday closed at P51.165, unchanged from the previous trading session. It was a choppy session, though, as the local currency opened weak at P51.25 against the greenback and extended losses to hit a trough of P51.295 in intraday trade before recovering to close unchanged. “The peso initially
weakened today amid upbeat US inflation data, but trimmed its losses towards the end of the day due to profit taking,” Guian Angelo S. Dumalagan, market economist at the Land Bank of the Philippines, said in an email. US consumer prices accelerated in August amid a jump in the cost of gasoline and rental accommodation, signs of firming inflation that could allow further monetary policy tightening from the Federal Reserve this year. “Strong US inflation peso/PAGE 10
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Herbalife Nutrition Launches New Tastes of Formula 1 Shake Cookies and Cream, Herbal Aloe Concentrate Mandarin in The Philippines
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erbalife Nutrition, a global nutrition company, has recently launched two new exciting additions to its product line-up in the country: a new favor of Formula 1 Nutritional Shake Mix - Cookies and Cream, and Herbal Aloe Concentrate Mandarin. "Formula 1 Nutritional Shake Mix is our flagship product and the new Cookies and Cream flavor will surely capture the taste buds of our Filipino consumers. We’re equally excited for Herbal Aloe Concentrate Mandarin, with its refreshing taste and nutritional benefits," said Mr. Rosalio Valenzuela, General Manager of Herbalife Nutrition Philippines. "As a purpose driven company aimed at making the world we live in healthier and
happier, we will continue to offer great tasting, highquality nutrition products to help people get the right balance of healthy nutrition everyday.” The launch event was held at the Herbalife Nutrition Philippines Corporate Office in Bonifacio Global City Taguig. It features an exercise routine led by Herbalife Fitness Coach Dwan Abantao, a wellness evaluation, a live demonstration on how to prepare Herbalife Formula 1 Shake, and a sharing on the results of the 2017 Balanced Nutrition Survey – spanning 15 Asia Pacific countries including the Philippines. Herbalife Formula 1 Shake provides balanced nutrition through an optimum mix of high quality protein, vitamins, minerals and fibers. It is
recommended for people seeking an easy-toprepare healthy, balanced meal to support their daily nutrition, and is also available in Dutch Chocolate, Wild Berry, and French Vanilla flavors in the Philippines. Herbal Aloe Concentrate (HAC) Mandarin flavor is made from aloe vera concentrate with natural mandarin flavor. It complements the established Herbal Aloe Concentrate mango flavor, and likewise prioritizes healthy digestion. --About Herbalife Herbalife Nutrition is a global nutrition company whose purpose is to make the world healthier and happier. The Company has been on a mission for nutrition - changing people's lives herbalife/PAGE 10
The media launch was attended as well by some members of the Herbalife Nutrition Philippines’ management team, from left: Dang Gilera-Davis, National Sales Manager; Ghie De Leon, HR Manager; GM Valenzuela; Elise Santor, consultant; Dwan Abantao, Fitness Coach; Marie Segismundo, Marketing Manager; and Barbette Atienza-Soliven, Corporate Communications Manager.
NorMin parenting group to hold fun run for Marawi displaced children By Recthie T. Paculba
CAGAYAN DE ORO CITY – To highlight the benefits of babywearing and provide assistance to the internally displaced children of Marawi crisis, the Modern Nanays of Mindanao (MNM) will hold the Fun Run for the Little Ones on October 15. The event, which is named to be the first babywearing fun run in the country, will start at Divisoria, here, at 5:00 AM and interested runners can choose their preferred race category from 1K, 5K and 10K run with a corresponding P250, P300 and P350 registration fee which is inclusive of jersey and race bibs. The 1K run will start
at Divisoria to Jollibee Velez and back to Divisoria while the 5K run will start at Divisoria to Marcos Bridge then back to Divisoria. The 10K run will start at Divisoria to Bulua (Banga) and back to Divisoria. The raised funding is intended for the displaced little ones and their mothers in Sta. Elena Evacuation Center and Buruun School of Fisheries for their food security and livelihood. The Modern Nanays of Mindanao currently implements the Project Kain, a blanket supplementary feeding and capacity building initiative, that aims to sustain the provision of fresh, hot and varied
meals through urban gardening and income generation. Such project has been done since most of the IDPs only receive packed processed food during relief operations and as health advocates, the MNM sought for ways to feed the evacuees with the right kind of food especially the children and their mothers. As for raising livelihood funds, Nadine Casiño, founder of MNM, said, “We also believe we need to teach our families how to generate their own income so they can sustain their families as they move to rehabilitation.” The fun run is one of the major activities
spearheaded by the MNM to celebrate the International Babywearing Week slated annually every first week of October. Babywearing is the practice of keeping babies or toddlers close while engaging in activities of daily living. Its benefits include increased growth and secured attachment for babies and a boost of confidence for parents. Interested runners may register online at http://bit.ly/2vXsD5D. Details of the event including the payment method, jersey sizes and design, and more can also be viewed at Modern Nanays of Mindanao Facebook page.(RTP/PIA10)
PWD Takes Step To Form Consumer Organization Key officers and members of Persons With Disability Affairs Office (PDAO) has taken a step forward to form a legitimate consumer organization after undergoing a consumer education seminar recently conducted by the Department of Trade and Industry – Lanao del Norte Provincial Office. Mr. Jerson L. Tanghian, the current Head of PDAO – Iligan and also the President of PWD of Iligan Federated Organization or PIFO, has expressed his commitment in behalf of the group to pursue the accreditation of PIFO as a consumer organization primarily representing and being the voice of PWD on consumer-related issues and concerns particularly in the implementation of RA 9442 or the Magna Carta for Disabled Persons, and Other Purposes. He said, “As members of our society, the law grants us with the rights
and privileges to improve our well-being yet some irresponsible people are depriving a great number of PWD of these benefits, and worst, the PWD are just being passive or submissive to these malpractices. And this should be brought to the attention of the proper authorities for their appropriate actions.” A Consumer Organization is an organized group of consumers where membership is voluntary and whose primary objective is to protect consumers against deceptive, unfair and unconscionable trade acts and practices and other acts or omissions prejudicial or detrimental to the interests of consumers. Consumer Organizations are being accredited to ensure that the consumer sector is represented by legitimate consumer organizations in hearings and/or investigations, and in government policy-making bodies.
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CorporateWorld
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Pagalungan National High School opens P
Story and photos by MARK FRANCISCO
AGALUNGAN National High School opened its new campus last Wednesday after the city government led by Mayor Oscar Moreno turned over a sixclassroom building to the Cagayan de Oro City
Schools Division led by superintendent Elena Borcillo in barangay Pagalungan, this city. Fifty-two sixth and seventh graders from Lumbia National High School who are all residents in barangay Pagalungan will initially
occupy the new edifice and the institution will be known as Pagalungan National High School – Lumbia Annex. Barangay Pagalungan borders barangay Lumbia. In the past, it was the dream of Pagalungan barangay chair Eric Nafarette to have his own public high school in the
barangay and that dream is now fulfilled mainly through the efforts of two persons – Moreno and Engr. Armen Cuenca. Cuenca, a City Hall employee, donated his one-hectare property with a specific condition that it be constructed into a schoolbuilding. “I
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A student receives the symbolic key.
have high hopes for our children. They will be the ones to lead the next generation that is why I was inspired to donate the land,” Cuenca said. Dubbed as the Education Champion in this part of the
island, Moreno has been building public classrooms since the start of his first term in 2013 through the funds of the Local School Board which were automatically culled from realty taxes as mandated by law.
Cutting the ribbon are (from left) principal Wennie Ruthsen Pilapil, City Schools Division superintendent Elena Borcillo, Pagalungan barangay chair Eric Nafarette, Mayor Oscar Moreno, lot donor Engr. Armen Cuenca and Councilor Annie Daba.
Trade exec eyes more investments from China; leads PH delegation at 14th China-ASEAN Expo Spearheading promotion efforts under the blooming economic relations with China, Department of Trade and Industry (DTI) Undersecretary for Trade and Investments Promotion Group Nora K. Terrado led the Philippine Delegation to the 14th China-ASEAN (CAEXPO) and 14th China-ASEAN Business and Investment Summit (CABIS) held from 12 to 15 September at the Nanning International Convention and Exhibition Center (NICEC) in Guangxi Province, China. Comprising the Philippine contingent of over 100 participants are local export companies, Investment Promotion Agencies (IPAs) such as the Board of Investments (BOI), Bases Conversion and Development Authority (BCDA), Subic Bay Metropolitan Area (SBMA), Clark Development Corporation (CDC), and the Mindanao Development Authority (MINDA) as well as businessmen and government sector representatives aiming to promote Philippine tourism and business opportunities to the huge
Chinese and Southeast Asian market. “This is an opportune time for the Philippines to fully present its potential as an investment destination to the Chinese market. It is also a chance for Philippine exporters to meet with potential partners and buyers of their products and services and see how they can maximize the booming trend in China,” said DTI Undersecretary Terrado. The country’s contingent in China highlighted the Philippines’ trade potential through an exhibit of products and commodities from various sectors, including home, fashion and wearables, gifts, handicraft, personal care, and food. Moreover, the Philippine participation also gave spotlight to this year’s Philippine featured destination, the province of Aurora. Tagged as the “Province of Charm”, the Aurora provincial government led by Vice Governor Rommel Angara, presented its booming tourism industry and economic potential particularly its agriculture sector. “High on our agenda
as we send Philippine trade missions abroad is opening more opportunities for countryside development. That is why we are happy to introduce Aurora province to the Chinese and Southeast Asian market as it has tremendous potential in the tourism and agriculture sector,”
explained Terrado. Currently, Aurora’s growth is primarily driven by agriculture. The sector employs approximately half of its population with about 49,991 hectares or 15% of the provincial land area classified as cultivated farmlands. Major crops include rice, coconut, coffee, bananas, root crops, corn, citrus
fruits, peanuts, and abaca. The province is also a major producer of the Philippine’s coconut distilled alcoholic drink known as “lambanog,” and “tuba” which are made from the sap of coconut tree flowers. Terrado served as the key speaker at the ChinaPhilippines Production Capacity and Investment
The Philippine country pavilion at the 14th China-ASEAN Expo and 14th China-ASEAN Business and Investment Summit in Nanning, Guangxi, China. Leading the Philippine delegation is DTI Undersecretary for Trade and Investments Promotion Group Nora K. Terrado (5th from left) with Philippine Consulate in Guangzhou Consul General Marie Charlotte Tang (2nd from right) and Philippine Trade and Investment Center – Guangzhou Commercial Counselor John Paul Inigo. supplied photo
Cooperation Forum coorganized by the National Development and Reform Commission of China and the National Economic and Development Authority (NEDA) of the Philippines. Meanwhile, a Philippine Investment Promotion Conference was also held at the sidelines of the CAEXPO on 13 September, jointly organized by DTI Board of Investments, Center for International Trade Exhibitions and Mission (CITEM) and Philippine Investment Promotion Agencies (IPAs). The China-ASEAN Expo (CAEXPO) is cosponsored by Ministries/ Department of Commerce or industry and trade of China and the 10 ASEAN member states and was organized by the People’s Government of Guangxi Zhuang Autonomous Region. It is considered as the second biggest trade event in China, with a total exhibition space of about 122,000 sqm. This year’s CAEXPO had 4,600 exhibition booths with around 57,000 visitors. CAEXPO has grown into an event of special international influence and plays an important expo/PAGE 9
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Regulate... from page 2
representative of vaper’s group, said he is amenable to the regulation of e-vaping, as he exressed concern that e-vapes are sold in public markets. “There are minors nga gusto sila mopalit pero dili ga-smoke and naay ga-smoke pero under age (who wanted to buy but do not some and there are those who smoke but underaged)… Don’t vape if you don’t smoke,” he stressed. The committee favorably endorsed the proposed ord i n an c e t o t h e C it y Legal Office for review and recommendation. (JBD/SP)
Services... from page 3
based solutions managed by professionals can help small business owners simplify their daily operations so they can focus on growing and expanding their business. This course of action can be vital in helping SMBs c omp e t e a g a i n s t l a r ge enterprises,” said Ramos. With limited staff, an SMB simply may not have the capability to operate and maintain its IT infrastructure whi le at t he sa me time continue business operations. Fortunately, developments in technology have made it possible for them to shift their critical workloads into the Cloud and create new levels of agility for their solutions through an IaaS (Infrastructure-as-a-Service) model. This enables SMBs to distribute workloads between entire regions to support more customers and even load-balance applications to ensure optimal performance. “The Cloud helps create that level of agility without the burden of acquiring more hardware or software, which for small businesses is a huge benefit,” explained Ramos. Access to software 24/7 Aside from Infrastructure, SMBs can also opt to use only certain software through the Cloud in a SaaS (Softwareas-a-Service) model. With the SaaS model, businesses consume as a service only the crucial applications and programs required for dayto-day business operations. T hese appl icat ions r u n on the provider’s Cloud i n f r a st r uc t u re, ma k i ng them accessible from various dev ices li ke browser or mobile. Leveraging on the nation’s largest and most robust network, ePLDT, together w it h PL DT Enter pr ise, empowers Filipino businesses w it h its Cloud ser v ices designed to optimize e f f i c i e n c y, c o nt i nu i t y, connectivity, and enhanced customer experience. “Wit h ePL DT ’s IC T expertise coupled with the nat ion’s most ex tensive Telecom i n f ra st r uc t u re of PLDT as wel l as t he largest data center network of V I T RO, we prov ide enterprise solutions that assure small businesses highquality service that will help them explore bigger market opportunities. With the right
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tools and the right technology partners to enable them, SMEs can be competitive in both local and global arenas,” Jovy Hernandez, Senior Vice President and Head of PLDT Enterprise. Intangibly deployed and integrated with a company’s own infrastructure, ePLDT and PLDT’s Cloud solutions are managed and operated by IT professionals, and come with standardized pricing, 24/7 support, and even training. For more information on how the cloud can elevate your business, visit http:// www.epldt.com/solutions/ cloud/.
Sales... from page 3
vehicles at 30.31%. Light trucks along with trucks and buses accounted for a share in the single digits or less. Toyota Motor maintained its lead as the top-selling car company in the Philippines with a market share of 44.1%. It was followed by Mitsubishi Motors Philippines Corp. with a share of 17.68%. Ford Motor Co. Philippines, Inc. came out third with a 8.51% share. Isuzu Philippines Corp. and Honda Car Philippines Inc. round out the top five with a share of 6.84% and 6.71%, respectively. CAMPI is expecting car sales this year to hit 450,000, a record for the industry, which has been enjoying robust monthly sales in part due to easier financing programs and consumers’ greater spending power. The association is the biggest grouping in the Philippine automotive industry.
Builds... from page 3
City. Another 31,254 sq.m. will be purchased in Batangas; 23,461 sq.m. in Palawan; 22,991 sq.m. in Davao; and 17,339.29 sq.m. in Laguna. SLI Vice President for Investor Relations Jeremiah T. Pampolina said in an email that the additional land will be developed into residential and commercial communities. He added the company will target middleincome workers, small-tomedium enterprise owners, and overseas Filipino workers for the upcoming projects. It was not immediately clear how large SLI’s land bank has become, although its web site said the company has so far developed “over 10,000 hectares of land” covering 200 projects throughout the country. SLI, incorporated in 1996, is the builder behind Sta. Lucia East Grand Mall in Cainta, Rizal, seven golf and country clubs including Eagle Ridge, as well as several residential estates like the Royal Nor thwo ods and condominium towers like La Breza Tower. On Friday, SLI also said its executive committee f ur t her aut hor ize d t he company to enter into a joint venture agreement for the development of its 212,890sq.m. project in Palawan. L a s t Ju n e , SL I a l s o
announced the acquisition of 300,000 sq.m. of land in Pangasinan, Batangas and Iloilo which may be developed into subdivisions or residential communities. The company will be funding the acquisition through the P1 billion to P2 billion it allocates for capital expenditure every year. The firm is currently developing a 67-hectare master-planned lake residential community in Silay, Negros Occidental valued at P400 million to P500 million.
Greed... from page 4
value of the land)! The legalese is merely a cover for the battle is about the rights of the ordinary citizens against the oligarchy. NGCP’s Henry Sy Jr aka SM Corporation stands to gain from the sale of SSS aka the SSS land. From the hard earned money which the members pay to the SSS, it stand to lose anywhere from Php 10B (zonal value) all the way to even over a Php 100B (fair market value) in this Complaint of Expropriation. This is another honey deal signed and sealed during PNoy’s incompetent stay in Malacañang. Are we protected against this abuse? The limitations of the state to exercise the right of eminent domain are: 1) the land being taken must be for public use 2) the compensation for the property must be just The issue between SSS vs NGCP has been escalated to the Supreme Court for certiorari. The case is now between the constitutionality of the act of expropriation against the limits of eminent domain. In a meeting last week with the forerunners of t he Cr us ade for C le an Government (this writer is the lead convenor) at Sulo Hotel in Quezon City, SSS Chairman Amado D. Valdez lauded the Supreme Court’s issuance of a “status quo ante order” (SQAO) which temporarily prohibits the NGCP to expropriate the entire 6.5-hectare property of the pension fund in Pasay City. Valdez is hopeful for the decision of the SC favoring the SSS prayers to disallow NGCP to take over the members’ land in Pasay City. SSS President and Chief Executive Officer Emmanuel F. Dooc also welcomed the high court’s decision and is hoping that the SSS will win the fight for the pension fund’s current and future members. SSS Commissioner Pompee La Viña, Chairman of t he S S S Inve st me nt Committee has assured the members that the current SSS administration will not falter in its efforts to fight for this property until the NGCP threat of expropriation is out of the picture. The SSS through the Office of the General Corporate Counsel (OGCC) filed a Petition for Certiorari with
prayer for the issuance of Status Quo Ante Order and/or Writ of Preliminary Mandatory Injunction with the SC last May. SSS raised the issue of the propriety of NGCP as a private corporation, to expropriate public property already devoted to public purpose. This case would put into test t he p ower of expropriation, which belongs to the national government, being exercised by a private corporation. The fight is far from over. Will justice prevail? The millions of SSS members and pensioners have yet to see. Only time can tell. (ruffy44_ph2000@yahoo. com)
Increase... from page 5
with work contracts of one year or more, amounting to $13.8 billion, and compensation of sea-based workers and land-based workers with short-term contracts (excluding their expenditures abroad), which reached $3.6 billion, the BSP stated. In 2016, the total cash remittances amounted to $26.9 billion, higher than $25.6 billion in 2015. Personal remittances, in the meantime, reached $29.706 billion from $28.308 billion in the previous year. For this year, the BSP is expecting another four percent growth to total remittances. Based on initial data from Philippine Overseas Employment Administration, there are 1,222,003 deployed Filipinos abroad for the January-July period. Last year, the POEA found overseas work for 2,112,331 Filipinos. To date, there is an estimated 10 to 12 million OF workers.
Peso... from page 5
re p or t ke e p s op e n t he possibility of another US interest rate hike this year,” Mr. Dumalagan said. If realized, this would be the third US rate hike for the year. D ol l ars t rade d were valued at $638.6 million, up from the $633.55 million recorded in the previous trading session. Another trader said that dollar inflows came in 30 minutes before the foreign exchange market closed, that tempered the peso’s upward momentum. “Agent banks sold again at the close. I I feel like that’s part of the reason why it closed higher yesterday,” he said in a phone interview. For another trader, North Korea’s firing a missile that flew over Japan into the Pacific Ocean made traders adopt a risk-on sentiment. The dollar slipped to as low as 109.55 yen in Asian trading, but rebounded in European trading. “North Korea launched a missile again. However, I think there are still corporate inflows this afternoon. Also the market was profit taking ahead of the weekend,” she said.
Herbalife... from page 6
with great nutrition products & programs - since 1980. Together with our Herbalife Nut r it i on i nd e p e nd e nt members, we are committed to providing solutions to the worldwide problems of poor nutrition and obesity, an aging population, skyrocketing public healthcare costs and a rise in entrepreneurs of all ages. We offer high-quality, science-backed products, most of which are produced in Company-operated facilities, one-on-one coaching with an Herb alife Nut r it ion independent member, and a supportive community appro ach t hat inspires c u s t om e r s t o e m br a c e a healthier, more active lifestyle. Our targeted nutrition, weight-management, energy and fitness and personal care products are available exclusively to and through dedicated Herbalife Nutrition members in more than 90 countries. Through its corporate social responsibility efforts, Herbalife Nutrition supports the Herbalife Family Foundation (HFF) and its Casa Herbalife programs to help bring good nutrition to children in need. The Company is also proud to sponsor more than 190 worldclass athletes, teams and events around the globe, including Cristiano Ronaldo, the LA Galaxy, and numerous Olympic teams. The company has over 8,000 employees worldwide,
and its shares are traded on the New York Stock Exchange (NYSE:HLF) with net sales of approximately US$4.5 billion in 2016. To learn more, visit Herbalife.com or IAmHerbalife.com. The company also encourages investors to visit its investor relations website at ir.herbalife.com as financial and other information is updated and new information is posted.
Expo... from page 8
role in promoting the ChinaASEAN friendly cooperation and building the 21st Century Maritime Silk Road. For the 14th CAEXPO, the theme is to “Jointly Bu i ld t he 21st Centu r y Maritime Silk Road, Promote Regional Economic Integration t hrough Tourism,” highlighting the vast potential of tourism industry between ASEAN and China. Through this internationa l trade fair, Ch i na e ye s to con nec t and boost its investments in ASEAN countries and prov id e i n f r a s t r uc t u re networks particularly for micro, small, and medium enterprises (MSMEs) to participate in the global value chain. Philippine participation at t he 14t h CAEX PO is in partnership with the Philippine Department of Trade and Industry and in close collaboration with The Philippine Consulate General and the Philippine Trade and Investment Center in Guangzhou.
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Decries... from page 1
whoever thought of it and supported by the majority of Congress. It is the saddest thing to happen.” Zubiri said his administration has, in fact, allocated the amount of P10 million to help them in processing for their ancentral domain. “And that is not even enough. Gadugang pa ko (I added more),” he said. “But, this one I know (how inappropriate). I’ve been there (House of Representatives) for 11 years,” he said. “I would like to appeal for compassion from the members of Congress. The budget should be appropriated for whatever agency that will receive that. But, this one is a mockery. Ano bang galit nila sa mga Lumad? Just because the Lumads are claiming their ancestral domain?” Zubiri asked. Zubiri said: “There is a law. IFRA (Indigenous Peoples’ Rights Act of 1997 (R.A. 8371) that is going on for a long time.. almost 20 years” that the IPs can invoke. Zubiri said the IPs need money for their ancestral domain claims, like payments for surveyors and processing of documents, among others. “My population of the Lumads is one of the highest in the country. And for now, only 30 to 32 percent” of the claimants have been attended to. The Lumads are still suffering, he said and “they will not take it (budget allocation) sitting down. There is a law.” Zubiri warned: “We will have problems in peace efforts. We will not have peace,” the governor said. He said there is a law protecting their ancestral domain and “if we do not solve the problem of poverty, we will not progress. Zubiri said: “I am sure that President Duterte will never allow it. I am sure he will veto it.” Zubiri branded the NCIP allocation of P1,000 for 2018, as “a bad joke.” In a report from Malacanang, it said that the President hoped the
House would reconsider the controversial vote. NCIP regional director Atty. Pinky Grace ParejaPabelic refused to comment on the budgetary allocation, saying NCIP chairman Atty. Leonor Oralde-Quintayo is currently negotiating it with the House representatives.
Role...
from page 1 Philippine Drug Enforcement Agency (PDEA), Lapeña said his new assignment is no different from his previous work as an anti-drug crusader as both agencies are tasked to stop the proliferation of illegal drugs in the country. Lapeña, who took over the BOC leadership from Nicanor Faeldon, said the Customs bureau has an active participation in the Duterte government’s war on drugs. “I have not left the campaign against illegal drugs, since in Customs, if we are able to prevent the entry of illegal drugs through the seaports, then we prevent about 70 percent of entry of illegal drugs in the country,” he told reporters during his visit to the BOC Northern Mindanao district on Friday, Sept. 15. When asked to elaborate, Lapeña declined to give an estimated worth of the reported 70 percent of the prohibited drugs that supposedly being trafficked into the Philippines. Just recently, a shipment of suspected “shabu” (crystal meth) with an approximate street value of P6.4 billion from China was intercepted by Customs and PDEA operatives after it was given a green-light by a BOC personnel who was alleged to have been in cahoots with drug traffickers. The illegal substance also dragged the name of Presidential Son and Davao Cit y vice mayor Paolo Duterte and his brotherin-law Manases Carpio as they appeared before the Senate blue ribbon committee hearing. Lapeña said the shabu shipment is still under investigation by concerned agencies. In a previous interview,
Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte IN THE PETITION Pet. for Not. Com No. 044-07-2017 FOR COMMISSION AS NOTARY PUBLIC IN AND FOR THE PROVINCE OF LANAO DEL NORTE ATTY. MARIBEL H. CAERLANG, Petitioner. X---------------------------/
NOTICE OF HEARING
NOTICE is hereby given that a summary hearing on the petition for Notarial Commission of ATTY. MARIBEL H. CAERLANG shall be on October 9, 2017 at 8:30 in the morning at RTC, Branch 07, Tubod, Lanao del Norte. Any person who has any cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing. Done this 4th day of September, 2017 at Tubod, Lanao del Norte. DENNIS P. VICOY Acting Presiding Judge BWM: Sept. 18, 2017
he assu re d to “t a ke action including further investigations” of the entry of illegal drugs, adding that there will be exemptions in the implication of perpetrators. His visit was also to meet with the BOC-10 personnel and to listen to their concerns, one of them the long overdue promotion of many of its employees. Meanwhile, BOC-10 has posted a higher collection of duties and taxes in the first eight months of this year, said BOC-10 District Collector Jamail Marohomsalic. Marohomsalic said his district surpassed its target by as much as 21 percent or more than P1.553 billion. From January to August of this year, BOC-10’s target was P7.4 billion, but they exceeded it by P1.5 billion. Its total collection for said period has reached P8.951 billion. “While there was only a single time when we were unable to meet our monthly target, that was minimal and we were able to quickly recover from this setback, [and accomplished] more than what was expected of us,” he said. Except for the month of April, the BOC-10 made a collection surplus each month, based on the district’s records. For t he w hole ye ar, the BOC-10 is expected to collect P11.45 billion, but Marohomsalic said he is optimistic that they will achieve their target as their collection has already reached P8.951 billion. Alvin Y. Enciso, chief of the BOC-10’s Customs Intelligence and Investigation Service (CIIS), attributed their positive performance in revenue collection to Marohomsalic, whose background in the agency’s assessment division in Davao City, aided him to efficiently collect the right amount
of duties and taxes from shipments that entered the ports in Northern Mindanao. E n c i s o s a i d implementation of martial law has also helped boost BOC-10’s collection efforts as smugglers may have ceased their illegal operations due to the presence of military and law enforcers in ports and entry points in the region. “We think the smugglers are afraid because now, even if their goods successfully leave the port undetected, they still have to go through the several layers of military and police checkpoints. At these checkpoints, cargo truck would have to show their cargo and the military also tries to check what is inside the container vans. The police are also conducting frequent security patrols,” Enciso said. Nash Guro, the chief of the Assessment Division at MCT, said they are working hard to ensure that all the shipments that arrive at the sub-port are properly assessed so that importers can pay the right amount of duties and taxes to the government.
Disputes... from page 1
Hugo Skye Lounge. Pat r i an a e nv i s i on e d Indahag as the renewed growth center of Cagayan de Oro after recent mall and condo developments down town have saturated. For all that, there’s a catch. With the value of land in Indahag expected to spike, individuals who have previously waived their properties are now looking to claim their real estate piece back, Patriana said. Take for instance the Layagons. Couple Edward and Raida Layagon slapped Misamis Oriental Rep. Peter Unabia with a complaint for conduct prejudicial to the best interest of the service, conduct unbecoming of a public official, grave abuse of
Republic Of The Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 37 Cagayan de Oro City IN THE MATTER OF PETITION FOR CASE NO. SP-FMY-2017-102 ADOPTION OF KLARINTH ZYVS ACUL-ACULVILLAFLORES and KIESHA ZYKS ACUL-ACUL VILLEGAS, SPOUSES WILLIAM THROWER WATT & NORA ANDAL-WATT, Petitioners. x- - - - - - - - - - - - - - - - - - X ORDER A verified Amended Petition For Adoption has been filed by the above-named petitioners alleging, among others, that petitioners are husband and wife who are residents of Cagayan de Oro City; that petitioner wife is the grandmother of the two minor illegitimate children sought to be adopted; and that petitioners are qualified to adopt the children. Petitioners pray that judgment be rendered declaring Klarinth Zyvs Acul-acul Villaflores and Kiesha Zyks Acul-acul Villegas to be, to all legal intents and purposes, the children of petitioners. Finding the petition to be sufficient in form and substance, notice is hereby given that the same shall be heard on November 8, 2017 at 8:30 o’clock in the morning. Any interested person may file a written opposition or appear at the hearing to oppose the said petition. Let this Order be published in an accredited newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental once a week for three consecutive weeks at the expense of herein petitioners, the date of the last publication should be at least fifteen days before the date set for hearing of the petition. The Court Social Worker assigned to this Court is hereby ordered to conduct child and home study and make reports thereon to be submitted before the scheduled date of hearing. Also, at the expense of petitioners, let copies of this Order together with the petition be furnished to the RTC Social Worker assigned to this Branch, the City Prosecutor’s Office, the biological parents of prospective adoptees, and the Office Of The Solicitor General, 134 Amorsolo Street, Legaspi Village, Makati City. SO ORDERED. Done this 30th day of August 2017, Cagayan de Oro City, Philippines. (SGD.) JOSE L. ESCOBIDO, MNSA Presiding Judge BWM: Sept. 11, 18 & 25, 2017
authority, grave misconduct and oppression. The Layagons are claimants to a 3.9 hectare property now in the possession of Unabia who presented a certificate of title to back up his right to the property. On September 7, the Ombudsman ordered Unabia to answer the complaint, prompting the congressman’s lawyer Dale Bryan Mordeno to present to the public a March 11, 2015-dated document purportedly showing that the Layagons have waived their right to the property. “We as protestants have lost interest and ability to pursue aforesaid applications and recognize the prior possession and ownership of the previous applicants hereto mentioned over their described parcels of land,” showed part of the document. In 2015 when the alleged document was executed, there was no road project going straight to SM City Cagayan de Oro back then and the ambitious Sierra del Oro was still a faraway reality, according to Patriana. When the Department of Public Works and Highways
(DPWH) began constructing the road project, businessman James Giam issued a permit to enter to conduct surveys, construction and other related activities for his property. When engineers began entering Giam’s property, the businessman sued Patriana and the other members of the Indahag barangay council before the City Council Blue Ribbon committee for not stopping the DPWH and its contractors from entering his property. “Ako na man hinoon ang gikasohan. Ambot ngano dili man ang DPWH ang iyahang gikasohan,” Patriana said.
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
GOLDEN ICON PAWNSHOP Benerandita L. Abrasaldo Main branch: Hayes – Osmeña Street, Cagayan de Oro City Tel No. 72-99-73 Puerto branch: Puerto, Cagayan de Oro City Tel. No. 74-26-75 NOTICE OF AUCTION SALE Starting September 27, 2017, 8:30 in the morning up to 5:30 in the afternoon, this establishment will hold a public auction of all overdue pledges from May 1 to July 31, 2017. Patrons are enjoined to verify their receipts. The Management Sa Setyembre 27, 2017, sa alas 8:30 sa buntag hangtud sa alas 5:30 sa hapon, ang tanang butang na prenda nga wala malukat sa bulan sa Mayo 1 hangtud sa Hulyo 31, 2017 maapil sa subasta. Gi awhag ang tanang butang sa pagsusi sa ilang resibo. Ang Tagdumala BWM: September 18, 2017
Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 39 Cagayan de Oro City PETITION FOR CORRECTION OF ENTRY IN THE RECORD/ CERTIFICATE OF MARRIAGE OF DAVID JOHN KAULBACK AND SONNY DEL PILAR PAMAUS IN THE LOCAL CIVILREGISTRY OF TAGOLOAN, MISAMIS ORIENTAL,
SPEC PROC NO. SP-ORD2017-184
SONNY DEL PILAR PAMAUS KAULBACK and DAVID JOHN KAULBACK, Petitioners, -versusCIVIL REGISTRAR OF TAGOLOAN, MISAMIS ORIENTAL, AND ALL INTERESTED PARTIES, Respondents. --------------------------NOTICE OF INITIAL HEARING Petitioners, through counsel, filed a verified Amended Petition for Correction of Entry in the Record/Certificate of Marriage of David John Kaulback and Sonny del Pilar Pamaus. Finding said Petition sufficient in form and substance, the same is hereby given due course. Petitioners are hereby directed to cause this Notice to be published once a week for three (3) consecutive weeks in a duly accredited newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental, at their own expense. Let copies of this Notice be posted in the Bulletin Board of the Local Civil Registrar of Tagoloan, Misamis Oriental, the Bulletin Board of Provincial Capitol of Misamis Oriental, and the Bulletin Board of City Tourism Hall, Cagayan de Oro City, where this Court is temporarily holding office. This case is set for hearing on 17 October 2017 at 2:00 PM at RTCBranch 39, Cagayan de Oro City. The Civil Registrar and any person having or claiming any interest under the entries whose cancellation or correction is sought may, within fifteen (15) days from notice of this Petition, or from the last date of publication of such notice, file his/her opposition thereto. Let a copy of this Notice be furnished the Office of the Solicitor General, Office of the Local Civil Registry of Tagoloan, Misamis Oriental, the Petitioners and their counsel. AFTER Petitioners’ documents in compliance with jurisdictional requirements are marked and declared complete, and there is NO OPPOSITION filed, petitioners should PRESENT EVIDENCE EX-PARTE before Atty. Kathryn A. Galarrita-Naduma, at a convenient date and time agreed upon between the latter and counsel. SO ORDERED. Cagayan de Oro City, 15 August 2017.
(SGD.) MARITES FILOMENA B. RANA-BERNALES Presiding Judge
BWM: Sept. 4, 11 & 18, 2017
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Monday|September 18, 2017