BusinessWeek Mindanao (September 29, 2017)

BusinessWeek MINDANAO CREDIBLE

Volume VIII, No. 49

Market Indicators

As of 6:00 pm September 28, 2017 (thursday)

FOREX

PHISIX

US$1 = P50.969

8,156.04

13.9 cents

X

65.88

X

points

Briefly

M’danao trade expo DAVAO City -- A number of Mindanao products will be introduced to new markets during the Mindanao Trade Expo in Makati City next month. Fresh from the successful staging of MTE 2017 in Davao City last August 1120, the MTE Foundation, Inc. (MTEFI) is making another major step to further widen the reach of the islandregion’s products and services. Set on October 2-5 at the Activity Center of Glorietta Mall in Makati City, the trade and retail exhibition is seen as a feasible mechanism to increase not only the visibility, but more importantly, the institutional buyers of the participating entrepreneurs.

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IN-DEPTH

Filipino surfer falters, Brazilian surfer victorious

VICTORY. Brazilian surfer Raoni Monteiro is being carried by proud countrymen after his big win in the 23rd Siargao International Surf Cup that had drawn at least 115 world-class surfers. Photo courtesy of Tom Bennett of World Surfing League.

By CHRIS V. PANGANIBAN, Contributing Editor

GENERAL LUNA, Siargao Island--- Homegrown Filipino surfer Edito “Piso” Alacala Jr. failed to advance to the crucial semifinal rounds after he was booted out by Costa Rican finalist Tomas King in the quarterfinals rou n d s on We d n e s d ay afternoon. It was Brazilian Raoni Monteiro who captured the coveted 23rd Siargao International Surfing Cup in the four-day elevated World Surfing League Qualifying

Series 3000 event that had drawn at least 115 worldclass surfers from around the world. Monteiro pulled off a last minute surprise when he overcame the lead by King with a medium set wave that works for his advantage for the win with a heat total of 17.06 points. It was some kind of redemption for the 35-year-old surfing trainer back home after he incurred numerous injuries in 2014 that falters/PAGE 11

NorMin garners P4.6-B new investments in Q3 N

By MARK FRANCISCO, Staff Writer

ORTHERN Mindanao generated a total of P4.6 billion new investments from April to June this year, a 26 percent increase compared to the figure in the same period last year.

Investment gab DAVAO City —A promotion firm, in partnership with the Department of Trade and Industry (DTI) and the Philippine Women’s College (PWC) of Davao, will hold a business conference aimed at providing young entrepreneurs a place to discuss market opportunities. Dubbed as “Shaping New Millennials”, the conference will be held on Saturday (September 30) at PWC. It primarily seeks to assist young entrepreneurs acquire knowledge to become globally competitive and seize a share of the billion dollar ASEAN market opportunity. Kirby Arafol, promotions head of TDC Prestige, said his company is organizing the event and will be using the platform on “ASEAN on Stage Business Conference” to showcase, present and discuss market opportunities in the region for micro, small and medium enterprises in terms of accessing the ASEAN single market.

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Friday | September 29, 2017

Data released by the National Economic and Development Authority (Neda) showed Bukidnon posted the highest investment growth at P1.7 bi l l i on , m ai n ly du e t o construction projects of power plants in Manolo Fortich town and a shopping mall in Valencia City. CLOWN FISH: Clown fish are among the few species found in one of the marine sanctuaries in General Luna, Siargao Island, Surigao del Norte. mindanews photo by roel n. catoto

Eco group asks Davao City gov’t to junk waste-to-energy project By ANTONIO L. COLINA IV, MindaNews

DAVAO City -- The Ecowaste Coalition has called on the city government to turn down any proposal for a waste-to-energ y (W TE) project, claiming it would bring more harm than good

to the environment and health of the people. Ecowaste Coalition national coordinator Aileen G. Lucero told reporters Monday that WTE projects may cause water and air

pollution. She explained that such technology employs waste incineration t hat emits toxic chemicals like dioxin and that the people must learn instead how to reuse wastes. Junk/PAGE 11

But Misamis Oriental, which included the region’s prime city of Cagayan de Oro, remains on top with the most number of investments. During the period, the region’s top sources of investments were infrastructure and services, and energy sectors. garners/PAGE 11

Gardenia to build P1-B plant in Mis. Oriental By KRIS CRISMUNDO, PNA

G A R DE N IA B a ke r i e s Ph i lippi ne s announce d Tuesday that it will set up a PHP1-billion bread manufacturing plant in Misamis Oriental province. Gardenia president Simplicio Umali Jr. said the manufacturing facility will be built on a 2.5-hectare property at the PHIVIDEC Industrial Estate in Tagoloan,

Misamis Oriental, near Cagayan de Oro. “The new plant will cater to the increasing bread demand of Mindanao and will ensure greater availability of Gardenia loaves and buns across various distribution channels in the southern part of the country,” Umali said. gardenia/PAGE 11

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2

BizCon highlights Mindanao role as country’s food basket “I HAVE always been a firm believer of Mindanao’s great potential,” remarked President Rodrigo Roa Duterte, in his message, as he keynoted the closing rites of the three-day 26th Mindanao Business Conference (MinBizCon), on 9 September 2017, in Cagayan de Oro City. Given the right infrastructure and a sound business environment, the President added, that the island-region will be a heavy partaker in propelling the growth and development of the country, thus, aggressively pursuing infrastructure

projects in Mindanao. “We have allocated funds to build structures to facilitate the transfer of goods and services, as well as enhance mobility and connectivity,” he said. Citing key projects, Duterte revealed, that the Mindanao Railway System, the Panguil Bay Bridge and the Laguindingan Airport are in various stages of implementation. To ensure that Mindanao can fulfill its role of being the food basket of the Philippines, he said, that the government lends a hand to agriculture. food/PAGE 11

Economy

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Dressmaking project helps IDPs start lives anew T By APIPA P. BAGUMBARAN Contributor

HE Department of Trade and Industry Region 10 (DTI10) continues to provide livelihood opportunities to internally-displaced persons (IDPs) from Marawi City to help them get back on their feet. Forty (40) registered home-based IDPs and members of Al Abrar Masjid Jamah Guidance and Development (AAMJGD) in Villa Angela Subdivision, Barangay Balulang, Cagayan de Oro city, received their first set of sewing tool kits on 25 helps/PAGE 10

DTI-X turns-over sewing tool kits to 40 registered home-based IDPs and members of Al Abrar Masjid Jamah Guidance and Development (AAMJGD) in Villa Angela Subdivision, Barangay Balulang, Cagayan de Oro City on 25 September 2017. Each tool kit contains threads with different color variations, a pair of scissors, measuring tools, needles and pins, and other sewing materials that will allow the IDPs to produce malongs and Maranao-inspired dresses and ternos. (DTI-X/PIA-10)

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3

CorporateWorld

Globe allots add’l $100-Mn capex for mobile data

G

LOBE Telecom, Inc. is spending additional $100 million for its mobile data network expansion this year, bringing its full 2017 capital expenditure (capex) to around $850 million, the telco firm disclosed. Globe’s Board of Directors has approved the additional $100-million capex after setting a full year capex guidance of $750 million, with the additional investment to be spent in the balance of the year. The added investment in mobile data network expansion was in line with Globe’s commitment to improve Internet services in the Philippines, with the ultimate goal of “becoming an admired nation for having first world Internet connectivity.” The telco is fasttracking its mobile capex program, allowing for more deployments of Long Term Evolution (LTE) services using the 700 megahertz (MHz) and 2600 MHz frequencies, increased 3G capacities and further expansion of mobile coverage.

Globe’s LTE roll-out is expected to ramp up progressively moving forward, targeting sites with high demand. “We expect to enhance customer experience as we continue with the aggressive deployment of LTE sites, using the 700 MHz, 1800 MHz and 2600 MHz frequencies to address the growing customer demand for bandwidth amid the swelling consumption of multi-media content,” confirmed Globe President and CEO Ernest L. Cu. From a product perspective, data has remained Globe’s catalyst for growth across all product segments. For the first half of 2017, the company’s data-related revenues accounted for 53% of consolidated service revenues, up from 50% in the first half of last year. Total data revenues, which consisted of mobile data, home broadband, and corporate data services, reached P33.1 billion in the first six months of the year, up by 10% from the P29.9 billion reported last year.

Fried chicken to wraps: Jollibee eyes deals to grow FILIPINO billionaire Tony Tan Caktiong, who has built Jollibee Foods Corp. into a near-4,000 store purveyor of sweetstyle spaghetti, burgers and fried chicken, is looking to buy existing brands in mature markets

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to help fuel future growth. Dominant at home, where Jollibee has 1,000 eponymous stores welcoming diners with its smiling bee logo, Mr. Tan now wants to reshape the $5-billion group as a global fastfood company,

bankers and fund managers say. Primary targets include the United States and China, where it already has joint ventures, including Dunkin’ Donuts. Mr. Tan, 64, said at

a company event in July that half of Jollibee’s total sales would come from overseas stores in the next five years. Currently, foreign stores including joint ventures account for 30% of sales. jollibee/PAGE 10

4

Opinion

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Is convenience the mother of addiction? HOTLINE

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The Human Machine think a minute

jhan tiafau hurst T h i n k a m i nu t e … C a n you imagine life without machines? If we didn’t have cars, buses, telephones or radios, we’d be lost without these basic machines we use every day. But a machine only helps your life if you know how to use it. It reminds me of the old chief from the jungle who came to town because he was asked to make a speech on the radio. The old guy had never been in a radio studio or seen modern gadgets like a microphone before. So when the radio host gave him the microphone, this jungle chief grabbed it and put it up to his EAR to give his speech! Machines and gadgets are great—if you know how to use them correctly. Do you know the most sophisticated, advanced machine ever invented? It’s you and me! The human

machine. In fact, the more that scientists and doctors discover about the human body and brain, the more they learn what an amazing computer and machine we human beings are. Our mind, body, emotions, and will make up the total person that we are. You see, the only one who knows everything about how the human machine works correctly is the One Who designed and invented us. God made us differently from all the other animals which have no ability to choose in their lives. They do everything simply by instinct. But we are free to think with our mind and conscience to make our own choices how we live. God did not make us robots that He controls and forces to live the right way. Sadly, since we’ve all chosen to be stubborn and self-centered, we’ve used our freedom wrongly. We even think we know better than our Maker and Inventor what will make us happy. We’ve all chosen to live our own way, instead of using our bodies and minds the way God designed us to enjoy life—the right way that works. God’s commands are not to stop us from having fun. It’s just the opposite! The Bible is simply machine/PAGE 11

Ruffy magbanua MY good neighbor, Klaus Doring has raised this concern on our use of mobile phones. His observations are somehow v a l id, and d e s e r ve s a peep talk over a cup of coffee. Indeed, time have changed. Gone are the days when bondings are most common among f riends, or memb ers of the family for that matter. Mo bi l e p h on e s h av e become a big part of our

lives such that we have become immobile without these high tech gadgets. The truth of the matter is, subconsciously, we a re n ow ‘a d d i c t e d’ by our constant use of cell phones -- calling, texting, emailing , FB browsing, among other things. And so these troubling questions: Are mobile phones have become too much of a good thing? Are you in panic attack when you forget your phone? We l l , s m a r t p h o n e s have become man’s best friends nowadays, yet for all we know, we are now entrapped subconsciously by the many ‘good things’ our mobile phones have been providing us. Mo b i l e p h o n e s a r e one of the phenomenal inventions of man in this era of tech-driven society. It completely changed the way we interact these

days. You can call, send text messages, read emails, play games as well as read and edit do cuments on the go. Almost everyone has a mobile phone. Everywhere you go, we s e e p e ople sporting the latest mobile phone models. Mobile phones has become part and parcel of our lives. Leaving home without our phones is akin to leaving without br u s h i n g ou r t e e t h , or combing our hair. These days of quickies, ever yone owns at least one, if not sophisticated, mobile phone. In fact, even parents have allowed their school kids to own mobi le phones b e caus e of easy and convenient access wherever they are, anytime, anywhere. So what are the repercussions of c on s t a nt l y u s i n g t h e s e

devices day in day out? Today, socializing that involves real interaction is very rare to happen. We are reduced to interacting on social platforms such as Facebook and Twitter, or chat applications such as Viber and WhatsApp. While there is nothing expressly wrong with chatting with our friends on these platforms, it can be a problem if it is done at the expense of face to face interaction. In a family where every member has a mobile phone and uses it ever y time they are together, this might cause breakdown of relationships, or worse, disorientation of values within the family. If convenience then is the mother of addiction, then we are in for a big t rouble w it h our smar t mobile phones. (ruffy44_ ph2000@yahoo.com)

FB posts intended to link the President to P6.4 B shabu? Kakampi mo ang batas

Batas Mauricio LIFE’S INSPIRATIONS: “… I have seen another evil under the sun, and it weighs heavily on mankind: God gives some people wealth, possessions and honor, so that they lack nothing their hearts desire, but God does not grant them the ability to enjoy them, and strangers enjoy them instead…” (Eclessiastes 6:1-2, the Holy Bbile). -ooo FACEBOOK: IT IS JUST

A MATTER OF MONEY? Facebook has, of late, been deleting my columns which various Facebook groups have been allowing to be posted in their accounts for the last 10 years or so that I am Facebook account holder. The notifications I am receiving from that social networking site say that my columns were removed or deleted because they are considered as a “spam”. At first, I had been diligently contesting the decision of Facebook to remove or delete my columns. Lately, however, I desisted, because I saw what motivated Facebook to label my columns as “spam”, and then delete them altogether. What did I see? Well, I have been receiving, at the same time, notices from Facebook telling me that I could “boost” my posts

so they would reach more readers! Unfortunately, Facebook was asking for money so my posts could be “boosted”. Oh well, so it is clear: Facebook was only after the money, and at the rate things are going, the day will come that all of us will be asked to pay for each and every post we will make. -ooo FAC E B O O K P O S T S INTENDED TO LINK THE PRESIDENT TO P6.4 B SHABU? Some Facebook posts pertaining to the declarations made before the House of Representatives by Fidel Anoche Dee, the confessed caretaker of the Valenzuela City warehouse where some P6.4 billion worth of shabu was recovered after it was released under mysterious circumstances by the Bureau of Customs, are now going viral.

One of these posts even came from a famous lawyer who is also from Mindanao, and it is clear that the intention here is to entice our people to believe what Dee declared, to the effect that the P6.4 billion shabu was started to be taken out from the Bureau of Customs and delivered to the Valenzuela City warehouse sometime in June 2016, after then Davao City Mayor Rodrigo Duterte was already declared president-elect, with further deliveries in January, March, and May, all of 2017, after his oath-taking. “This is big. Think of the dates. Look at the connections. We are indeed a narco state but guess who is implicated, and where it reaches,” the lawyer said. Well, as far as I am concerned, Malacanang should immediately respond posts/PAGE 10

Focused, engaging, agile hints and traces

roy cimagala In all our dealings with the others, which one way or another should never lose the apostolic dimension, we should try our best to be laserfocused, very engaging and agile in handling any situation those dealings might produce. We have to remember that since we are Christians, we cannot but be apostles also -with eagerness always to do apostolate. Apostolate for us should not just be an intermittent concern. It is a permanent activity we do, an inherent part of our Christian

identity. We just don’t do apostolate. We are apostles, first and last. Toward this end, we need to be truly identified with Christ, well-versed in his teaching, and willing to follow Christ irrespective of how our life and concerns turn. We should be willing to follow him till the end, till death, willing to deny ourselves and carry the cross, as he himself said. That should be our main focus, and everything else will just follow as a consequence. If we have him in our mind and heart, we cannot but have a universal love for everybody, irrespective of how they are toward us, whether they are friendly or unfriendly, etc. Christ commanded us to love everybody, including our enemies. We should tr y to do everything for us to be able to engage ourselves with everybody else. To be sure, it would greatly help if we

develop our social skills, if we keep an open-minded outlook, if we show warmth towards all, with a smiling friendliness to boot. For this to happen, I imagine that what we need to do also is to forget ourselves and to adapt the mind and heart of Christ instead. That way we can be full of mercy and compassion, patience and understanding. We don’t waste time getting entangled in our unavoidable differences and conflicts among ourselves as well as in our own personal problems. That was what St. Paul said of Christ himself. “He emptied himself, taking the form of a servant…” (Phil 2,7) We have to understand that by emptying ourselves like Christ, we put ourselves in the condition to serve others. We have to find ways to foster interaction among ourselves. We don’t wait for these opportunities to interact with others to come. We look

for them. We create them. That is why we need to be inventive and creative also. We should not allow ourselves to be fully at the mercy of events. We should try to create, shape and direct the events of our life. And when unexpected things come, let’s be agile to handle them. Somehow, we should expect the unexpected and the surprises. They are part of our life. We cannot avoid them, and so we just have to be prepared for them as much as we can. The important thing, as mentioned before, is to be laser-focused on Christ. He will provide us with everything we need in making ourselves a true apostle of his. Whatever the circumstance, whether it is favorable or not, we somehow would be able to do apostolate if we have Christ in our mind and heart. We avoid getting lost or confused in the maze of things. roycimagala@gmail.com.

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Banking&Finance

Hike in BSP rates seen in fourth quarter 2017, 2018 T HE research unit of Fitch Group forecasts a 25 basis points increase in the Bangko Sentral ng Pilipinas’ (BSP) key rates each in the last quarter of 2017 and in 2018, citing that low interest rate environment is not in line with the domestic economy’s robust growth. Last Sept. 21, the central bank’s policymaking Monetary Board (MB) kept the BSP’s overnight borrowing or reverse repurchase (RRP) rate at three percent, the overnight lending or repurchase (RP) rate at 3.5 percent and rate of the special deposit account (SDA) facility at 2.5

pecent. This was made as the Board continues to see manageable inflation in the near term even as it hiked its 2019 average inflation forecast to 3.2 percent from 3.1 percent previously. The 2017 and 2018 average inflation forecasts were maintained at 3.2 pecent. The government’s inflation target for this year until 2019 is a range between 2 to 4 percent. In a study, BMI Research said the Board “articulated a relatively neutral tone” last week. “However, we believe that the cost of borrowing is currently too low for

the level of economic growth, and with interest rates rising in the US and inflationary pressures in the Philippines likely to pick up further in the coming months, our view is for the central bank to hike rates by 25bps in 2017 and again in 2018,” it said. The study said inflationary pressures and normalization of US interest rates are factors that may push domestic interest rates higher. As of August, rate of price increases in the Philippines averaged at 3.1 percent. Last month alone, inflation rose to 3.1 percent from month-ago’s 2.8 percent due to faster

increases in alcoholic beverages and tobacco; housing, water, electricity, gas and other fuels; and transport indices, among others. BMI Research projects inflation to hit four percent at the end of this year and average at four percent next year. It cited as risk factors the rise of commodity and energy prices, which it sees “to remain supported over the coming quarters”; the sustained rise of loan growth and the impact of the government’s increased infrastructure spending that is seen to increase budget deficit to three percent of gross domestic product (GDP). (PNA)

ADB maintains PH growth forecast THE Asian Development Bank (ADB) has maintained growth forecast for the Philippines for this year and 2018, on the back of the government’s aggressive infrastructure push and implementation of tax reform. In an update to its flagship annual economic publication, Asian Development Outlook (ADO) 2017, published on Tuesday, the Bank said the Philippine gross domestic product (GDP) will still grow 6.5 percent in 2017, and 6.7 percent next year. “A strong focus on infrastructure investment and implementation of tax reform will see the country continue

its growth momentum through 2018,” said Richard Bolt, ADB Country Director for the Philippines. “The concerted effort by the Philippine government to improve public project implementation is bearing fruit, as public investment programs help drive continued economic expansion,” he said. Aekapol Chongvilaivan, Country Economist for the Philippines at the ADB, cited the estimated financing requirement for the country’s ambitious infrastructure program at USD160 billion to USD180 billion for the next six years. The administration

has earmarked PHP847.2 billion in its 2017 national budget for infrastructure projects, equivalent to 5.3 percent of GDP, from previous 3.3 percent. ”This is very commendable. Even that 2 percent of GDP increase in public infrastructure spending is tremendous,” he said in a press briefing. Chongvilaivan said the ADB is working closely with the Philippine government to boost the capacity to prepare and implement the infrastructure projects. The ADB is also banking on the implementation of comprehensive tax reforms and higher public investments in social services to sustain strong

growth over the next two years. The first package of tax reform measures, likely to be approved within the year, includes excise tax increases for automobiles and gasoline, broadening the valueadded tax base by limiting exemptions and lower personal income tax rate which would boost domestic demand. “We have to make sure that in net terms, people have more purchasing power,” Chongvilaivan added. The Philippine economy expanded by 6.4 percent in the first half of 2017, a moderation from the election-driven 7-percent pace a year earlier. (PNA)

Outstanding External Debt Declines Further in Q2 2017 Bangko Sentral ng Pilipinas Officer-In-Charge Diwa C. Guinigundo announced that outstanding Philippine external debt stood US$72.5 billion as of end-June 2017, down by US$1.3 billion (or 1.8 percent) from the US$73.8 billion end-March 2017 level. The decline in debt stock during the second quarter was brought about by US$1.2 billion net repayments, largely by the private sector, and an increase in residents’ investments in Philippine debt papers issued offshore of US$110 million. On a year-on-year basis, the debt stock likewise substantially dropped by US$5.2 billion (or 6.7 percent) from US$77.7 billion a year ago due to: (a) net principal repayments by both the public and private sectors (US$2.7 billion); (b) previous periods’ adjustments (negative US$1.4 billion) due to late reporting; and (c) negative FX revaluation adjustments (US$1.2 billion) arising from strengthening of the US Dollar against other currencies, particularly the Yen and the Philippine Peso.

External debt refers to all types of borrowings by Philippine residents from non-residents, following the residency criterion for international statistics. External Debt Ratios The Officer-In-Charge further stated that key external debt indicators remained at comfortable levels during the second quarter of 2017. Gross international reserves stood at US$81.3 billion as of end-June 2017 and represents 5.6 times cover for short¬term (ST) debt under the original maturity concept. The DSR, which relates principal and interest payments (debt service burden or DSB) to exports of goods and receipts from services and primary income, is a measure of adequacy of the country’s FX earnings to meet maturing obligations. As of endJune 2017, the ratio improved to 6.6 percent compared to 8.8 percent in end-March 2017 due to higher receipts and lower payments during the 12-month period (July 2016 - June 2017). The DSR has also consistently remained well below the international benchmark

range of 20.0 to 25.0 percent. The external debt ratio (a solvency indicator), or total outstanding debt (EDT) expressed as a percentage of annual aggregate output (GNI), continued to improve, and was recorded at 19.5 percent from 20.0 percent in the first quarter of 2017 and 21.7 percent a year ago. The same trend was observed using GDP as denominator, with the Philippine economy growing by 6.5 percent in the second quarter of 2017. Debt Profile The country’s external debt remained largely medium- to long-term (MLT) in nature and represented 79.9 percent of total. This means that FX requirements for debt payments are well spread out and, thus, more manageable. [MLT accounts are those with maturities longer than one (1) year.] The weighted average maturity of MLT accounts stood at 17.9 years, with public sector borrowings having a longer average term of 23.7 years compared to 8.1 years for the private sector. debt/PAGE 10

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BDO – CDO HAYES Trendline Bldg.,Hayes Street, 8568151/727405

METRO BANK- GAISANO 8561720

BDO – COGON Sky hi Bldg JR Borja St. Cogon, Cdoc 8577963/ 725209/ 725203 BDO – OSMEÑA Osmeña corner Ramon Chavez St. Cdoc 724567/8563727 BDO – LAPASAN Lapasan Highway Cdoc 8563233 /8563234 / 725178 BDO – RN- PELAEZ George Town CyberMall Rn Pelaez Blvd Kauswagan Cdoc | 8562617/729052 BDO – CARMEN Maxsuniel cor.V Neri St. Carmen, .Cdoc 8584854 /8581133 BANK OF COMMERCE- VELEZ Akut- Velez St.Cdoc | 8564371 / 726880 BANK OF COMMERCE- LAPASAN

CM Recto Ave. Lapasan, Cdoc, 8563991/727731

BPI FAMILY SAVINGS BANK RER kauswagan,HW Cdoc 8573733 /722519 BPI FAMILY SAVINGS BANK Gaston Park Cdoc | 8801518 BPI – LAPASAN Cm Recto HW Lapasan Cdoc 724076/ 8524602 BPI- VELEZ Velez-JR Borja St.Cdoc 8564213/722406 BPI – CAPISTRANO Capistrano St. Cdoc 8574264/8574263 BPI- COGON Osmeña St. Cdoc 8571297/8571298 CHINA BANK –GAISANO 745887/745880 CHINA BANK- JR BORJA JR Borja St. Cdoc 8572212/8573274 CHINA BANK- LAPASAN CM Recto Lapasan HW Cdoc 8561325 /722240 CHINA BANK – CARMEN Max Suniel, Cor. Yakal St. Cdoc 8583903/723091 CHINA BANK – DIVISORIA RN Abejuela St. Divosoria Cdoc 8575759/722641 CITY SAVINGS BANK TS Fashion Ave.Justo Ramonal Corner St.Cdoc 2316060/ 2316059 CHINATRUST Suite U&5 G/LGateway Tower Lapasan Lkk Cdoc 8521846/8521844 D’ASIAN HILLS BANK HW. Lapasan Cdoc | 8564201/ 8564201 D’ASIAN HILLS BANK Vamenta Carmen Sts. Cdoc | 8585366 DBP – CORRALES Corrales Ave., St. Cdoc | 8572087/722649 DBP – CAPISTRANO JR Borja Capistrano St. Cdoc 8567776/722819

PBCOM Tiano-HayesSt. Cdoc | 726519/8571558 PLANTERS DEVELOPMENT BANK

Tiano Bros St. Cdoc | 727083 /727082 PHILTRUST BANK Ramonal OsmeñaSt. CDO 8807234/2316694/2316695 PNB- CORRALES Corrales Avenue Cdoc | 729500 / 729723

PNB- LKK MALL NORTH CONCOURSE

LKK Mall N.Concourse Cdoc 8574149/8575682

PNB- CARMEN Elipe Bldg.Carmen, Cdoc | 8583158/ 8584203 PNB- LKK LKK Lapasan, Cdoc | 8564347/722872 PNB CDO– DIVISORIA Tiano Bros.Cruz Taal St., Cdoc 722861 /722816 PNB CDO– LAPASAN LKK Center Lapasan, Cdoc | 8564732 / 723992 PNB CDO– COGON LKK Center Lapasan, Cdoc 8571991/ 723992 PHILIPPINE POSTAL SAVINGS BANK, INC. bels_domingo@yahoo.com.ph Rizal Chavez Cdoc 8572194/725438 PS BANK Velez Corner A. Mabini St., Cdoc 8574183/725184 PHILIPPINE VETERANS BANK Tiano-Abejuela St. Cdoc 722644/8573386 QUEEN CITY DEVELOPMENT BANK, INC. Sacred Heart Mont. Cm RectoAve., Cdoc 8562390 RCBC- VELEZ Velez-Borja St. Cdoc | 8564982/8568888 RCBC- COGON Simplex Bldg. Osmeña St. Cdoc 8562888/725863/8521329 RCBC- LAPASAN Cm. Recto Lapasan HW. Cdoc 8561888/722449 RCBC- LKK Gateway, Tower 1 LkkCenter, Cdoc 8563707/722449 RCBC SAVINGS- CARMEN Walingwaling St.,Carmen St. Cdoc 8585793/ 8586248 RCBC SAVINGS- VELEZ Velez St. Cdoc | 729083/8562460 RCBC SAVINGS- AGORA 8807891/8807892 RURAL BANK OF CABADBARAN, Inc.

#58 Tiano FernandezSt.CDO 727215/ 8563552 *805

SECURITY BANK- OSMEÑA Osmeña St. Cdoc | 8563965/ 723411/728774 SECURITY BANK- LKK Limketkai | 8801258/8801625

EAST WEST BANK #5 Juan Sia Bldg. Apolinar Velez St.Cdoc 8578801/720081

SECURITY BANK- VELEZ Velez Montalvan St., Cdoc | 728334/856632

EAST WEST BANK Cogon De Oro Constraction Bldg. LKK Drive 8500339/8500331

STERLING BANK OF ASIA Tiano Velez St. CDO | 8528171/8528168

ENTERPRISE BANK INC. Centro Mariano Bldg Osmeña St. Cdoc 723869/ 3093395 FIRST CONSOLIDATED BANK CM Recto Ave., Cor.Agudo Road Cdoc 8565360/2316678 LBP – CAPISTRANO Capsitrano St. Cdoc | 8565515/727678 LBP – VELEZ LunaVelez St. | 723549/8563198 LBP – PUERTO Puerto Cdoc | 8558858 MAYBANK JR Borja Tiano Cor. Bldg. Cdoc 8574439/726060 METRO BANK- DIVISORIA Pabayo Abejuela St. Divisoria Park, Cdoc 724783/8576999 METRO BANK- VELEZ A. Velez St. Cdoc | 8561724/726054 METRO BANK- JR BORJA JR Borja St. Cdoc | 8572999/724415

UCPB BANK- LAPASAN Osmeña Corner Lkk Drive, Cdoc 85771842/ 725135 UCPB BANK- VELEZ Velez Corner C. Pacana St. CDO 8564474/8564527 UCPB BANK SAVINGS-CAPISTRANO

Capistrano Corner CruzTaal St. CDO 8524099/722695

UCPB BANK SAVINGS- OPOL Gf forever Books Bldg.Bulua National CDO 754519/8588063 UNION BANK Lapasan Cm.Recto Cdoc | 8566847/8563805 WEALTHBANK Velez Gomez St. Cdoc | 8568942/722174 1ST VALLEY BANK Vamenta Blvd. CornerLirio St. Carmen, Cdoc 8501871/ 8584146 OROBANKERS CLUB Inc. Pnb Carmen | 09151850242

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friday|September 29, 2017

CHRISTMAS COMES EARLY TO SM HOME

Christmas has come early to SM Home. And the store has been filled with all things merry and bright since early September, giving customers great ideas on how they can bring the joy, love and beauty of Christmas to their homes. Walking along the SM Home Bridgeway at the fifth level of SM Makati is like entering a Christmas wonderland. Giant nutcracker soldiers greet customers with their fairy tale costumes, leading them to a world of lush holiday trees, jolly Santas, delightful Christmas villages, dazzling lights, bountiful wreaths and garlands. There are also

more than 500 Holiday ornaments to choose from, modern expressions of traditional holiday trimmings have an artisan touch that celebrate all that is creative and classic. With probably the widest assortment of décor in town, SM Home shares with us some tips of how to bring the holidays to our homes. · Classic Charm. Create a cozy and casual holiday living room with classic reds and greens that never go out of style. Add shades of white to create a refreshing theme, and don’t forget a bit of sparkle for added flair. Nutcracker toy soldiers, potted poinsettias and Christmas trees,

carousel and candy cane ornaments, show globes, and miniature vintage villages will help showcase a traditional holiday scene at home. · Contemporary Luxe. Metallic shades make an elegant and polished holiday look. Mixing silver and gold – with a touch of antique brass and champagne - into your Christmas design adds warmth to your home, but with a luxurious feel. · Modern Opulence. Deck your halls with rich royal colors – amethyst, sapphire, tourmaline, and citrine - to create and chic and sophisticated holiday look. Make a beautiful and bold

statement with glittering Christmas balls, jester mask ornaments, and oversized finial ornaments with ribbons, · Pretty Whimsical. Holiday décor can also be lighthearted and whimsical. Combine pretty pastels – baby blue, creamsicle, cotton candy, and chartreuse- with sweet dessert ornaments – gingerbread, cupcakes, ice cream, and doughnuts – for a playful spin that kids and kids at heart will definitely adore. The latest Christmas Décor collection is available at the SM Home section at all SM Stores. Also, visit their largest Christmas Décor Display at the SM Home section in SM Makati.

Giant Nutcracker soldiers surrounded by Christmas trees greet customers at SM Makati.

These Glittered Santa cones can be used as a table topper or as a greeting near the front door.

Spark curiosity among your guests with these sugary table toppers that look realistic and almost good enough to eat.

Gender Friendly Environment By: Shiela Mae C. Balacuit, Teacher 1 Misamis Oriental General Comprehensive High School

Children and adolescents learn their culture’s roles for men and women and develop their gender identity primarily in learning institutions and at home. These ‘gender roles’ profoundly affect how men and women act and how they relate to one another. In most cultures, inequalities in power based on prevailing gender roles contribute to inequalities in learning institutions and at work. These inequalities allow men

to be dominant over women and limit women’s choices and ability to stand up for themselves. The goal is to challenge and change negative gender stereotyping and gender inequalities in all aspects of learning institutions and to promote equal opportunities for female and male learners to develop a healthy gender identity and complete a quality basic education. The Department of

Education (DepEd) issues t he e ncl os e d G e nd e rResponsive Basic Education Policy in line with its Gender and Development (GAD) mandate as stipulated in the 1987 Philippine Constitution, Republic Act (RA) No. 9710 or the Magna Carta of Women (MCW), RA 10533 or the Enhanced Basic Education Act of 2013, and the Philippines’ International Human Rights Commitments to the Universal Declaration of Human Rights (UDHR), Convention on the Elimination of All Forms

of Discrimination Against Women (CEDAW), and the Convention on the Rights of the Child (CRC) among others. Through this policy, the Department of Education c om m it s t o i nt e g r at e the principles of gender equality, gender equity, gender sensitivity, nondiscrimination and human rights, in the provision and governance of basic education. This is in line with the DepEd’s mandate to ensure access to quality basic education for all.

Add depth by setting up these décor items in varying heights. These elements can be corralled on one side or can be sprawled along the length of a table.

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friday|September 29, 2017

7

Environment

Nurturing green community by collecting 2000-kg wastes on AboitizPower’s Eco-Market Day

When you’re in Davao City, Read:

HOTELS & RESORTS DIRECTORIES

VILLA MARGARITA HOTEL J. P Laurel Avenue, Bajada, Davao City, Philippines Tel. No.: (082) 221-5674 / Fax No. (082) 226-2968 MICROTEL By Wyndham Davao Damosa Gateway Complex Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548 www.microtelphilippines.com PINNACLE HOTEL Sta. Ana Avenue, Davao City. No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com ALU HOTEL M. Roxas Avenue corner Padre Faura Street, Davao City. Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: aluhoteldavao@yahoo.com info@alu-hotel.com / www.alu-hotel.com

The spirit of communal unity and cooperation is present in the people of Brgy. Maluko, Manolo Fortich, Bukidnon on their first Eco-Market Day, an environment-friendly activity initiated by Hedcor. As a result, thousands of recyclables are collected and put to good use.

T

he backyards of the residents in Brgy. Maluko, Manolo Fortich, Bukidnon became spacious after sacking and turning over heaps of recyclable wastes to Hedcor, a subsidiary of AboitizPower, on the first Eco-Market Day in Bukidnon held recently. Nearly 2000 kilograms (kgs) recyclable wastes were collected in one day and converted to cash through a partnership with a local junk shop. Hedcor Bukidnon received 50 kgs of iron scraps, 140 kgs of plastics, 260 kgs of cartons and papers, 275 kgs of empty plastic bottles, and 948 kgs of glass bottles. The recyclable wastes

collected indicates that this was the first time for the community to experience a convenient transportation of wastes to a junk shop due to the long distance that residents of the said community have to travel, from Bukidnon to Cagayan, just to trade their recyclables. “Naay mokolekta sa among basura pero talagsa ra gyud. Karon pa gyud sukad-sukad naay ing-ani nga aktibidad sa among barangay. Ug kini nga aktibidad sa Hedcor, daghan kaayo ni’g kapuslanan maong para sa ako, chada gyud ni kay makatabang na sa pag segregate ug pagkuha sa among mga basura ug makasapi pa mi maskin gamay (Our wastes barely

get collected. This is the first time we experienced this kind of activity, and this activity from Hedcor is beneficial for us. This will lessen our wastes and we can gain money as well,” said Corazon Tocmohan, a resident. As part of the activity, Hedcor Bukidnon conducted also an Information Education Campaign regarding RA 9003 or the “Solid Ecological Waste Management Act” to the residents, focusing on the mandatory segregation of solid wastes from households. “Thanks to the assistance from Hedcor, our implementation of the RA 9003 has been reinforced. Our people will be ready to turn

over their recyclables in times of activities like Eco-Market Day,” said Ma. Gorretti Salise, Brgy. Captain. Hedcor’s Eco-Market Day aims to promote environmental awareness by encouraging residents of host communities to properly segregate their wastes and collect those that can be reused or recycled. Brgy. Maluko, Manolo Fortich is one of the host communities of Hedcor Bukidnon’s 68.8-MW Manolo Fortich Hydro Project. Within the 3rd quarter of the year, the 43.4-MW Manolo Fortich Hydro 1 and the 24.4-MW Manolo Fortich Hydro 2 will simultaneously power up the island of Mindanao.

Cimatu orders probe into Manila Bay discharge Environment Secretary Roy A. Cimatu has ordered an “urgent, thorough and full investigation” into the dumping into the Manila Bay of voluminous solid wastes coming from the marine loading transfer station of garbage operator Philippine Ecology System Corp. (PHILECO). “It would be in the public interest to hold a full investigation to determine the liability of PHILECO to the fullest extent possible,” Cimatu said after he personally inspected PHILECO’s Vitas Marine Loading Station (VMLS) at Pier 18 in Tondo, Manila, on Wednesday. Immediately after attending his confirmation hearing at the Senate, Cimatu went straight to the site to meet PHILECO officials led by their

chairman, Reghis Romero. This was after a regional office of the Environmental Management Bureau (EMB), a line bureau of the Department of Environment and Natural Resources (DENR), came up with adverse findings against PHILECO involving its Tondo transfer station. In a notice of adverse findings dated last Sept. 25 and signed by Director Vizminda Osorio, the EMBNational Capital Region noted several violations of the conditions in the Environmental Compliance Certificate (ECC) that had been issued to PHILECO for the VMLS. The EMB-NCR found that leachate from voluminous solid wastes

dumped at the transfer station were directly discharging into Manila Bay. It also noted the presence of solid wastes along the bay’s shoreline. The EMB regional office likewise pointed out the failure of PHILECO to meet the effluent standards for phosphate and total suspended solids and for discharging untreated wastewater directly into the bay. The VMLS functions as a transfer facility for wastes collected in Metro Manila. The waste materials are transported by barge to the 40-hectare Navotas Sanitary Landfill, which is also operated by PHILECO. Cimatu was apparently not happy with what he saw during the inspection. Aside from the garbage piles on the shore, the

environment chief likewise noticed the presence of garbage along the 4-km barangay road leading to the VMLS. “What I saw outside does not speak well of how the facility operates and it only behooves the operator to likewise address that problem,” Cimatu said. “The situation here is similar to Payatas. Kaya nga pinasara ang Payatas dahil nakakasira sa kalikasan at kalusugan ng mga tao,” Cimatu said, referring to the Quezon City Sanitary Landfill which was ordered to stop operations last August due to numerous environmental violations and susceptibility to trash slide. Cimatu said the DENR is now looking into how it can implement discharge/PAGE 10

GRAND REGAL Km 7 Lanang, Davao City, Philippines Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com VIAJEROS ECONOMY HOTEL Patnubay St., Sandawa, Matina, D.C Tel. No. 297-5710 / Telefax (6382) 298-5134 Mobile: 0922.-8268425 Website: www.viajeroseconomyinn.com ROYAL MANDAYA HOTEL J.Palma Gil St., Davao City 8000 Phils. Tel. No. (082) 225-8888 / fax No. (082) 225-1885 info@theroyalrmandayahotel.com www.theroyalmandayahotel.com HOMITORI Bangoy Street corner Santa Ana Avenue, Davao City Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: homitoridvo@gmail.com or Like us on www.facebook.com/pages/Homitori-Davao BIG APPLE HOTEL Brgy. Angliongto, Lanang, D.C. Hotline Nos.: (082) 234-8459 Facebook account: bigapplehotel@ymail.com Email: bigapple_hotel@ymail.com

THE PERIDOT SUITES Carmelite Drive, Lanang, Davao City Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2 Email: theperidotsuiles@gmail.com AZIENDA MEO APARTELLE 11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao City Telefax. No: (082) 227-4119 & 284-6689 Cell Phone No. 09256652626 Website: www.aziendameo.com Email Add: aziendameo@yahoo.com.ph Big 8 Corporate Hotel Visayan Village, National Highway, Tagum City Mobile nos. 09173029063 & 09328539372 Tel. No.: (084)216-0888 Email: info@big8corporatehotel.com www.facebook.com/big8corporatehotel.com www.big8corporatehotel.com HOTEL ELENA Avenida Santos Ave., Nova Tierra Vill, Lanang, D.C Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887 PARADISE ISLAND Tel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780 E-mail: paradiseislanddavao@gmail.com MARCO POLO DAVAO C.M Recto St., Davao City davao@marcopolohotels.com www.marcopolohotels.com (63 82) 221-0888 HOTEL ESSE Brgy. 9-A F Torres Street, Davao City Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph Email Add: hotel_esse_davao@yahoo.com RUEMANGO APARTELLE & SUITES 516 Mangga St., Juna Subd., Matina, Davao City ruemangoapartelleandsuites@gmail.com www.ruemango.com Tel. Nos.: (082) 295-7175/ 295-7180

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friday|September 29, 2017

9

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friday|September 29, 2017

RESORTS, HOTEL & RESTAURANTS DIRECTORIES

A PUBLIC SERVICE BY:

Algen’s Dive Resort (088) 3872015

Pryce Plaza Hotel 8583131 Fax: 726687

Apple Tree Resort & Hotel 735411 / 754525 Fax: 754497 0917-7144040 / 0923-3269366 / 0939-9076948

Prawn House (088) 3095992 Fax: 8519219 Ridge View Chalet 8588946 / 8587946 Fax: 8588946

Bahay Bakasyunan sa Camiguin (088) 3871057 / 3870131 Fax: 3870278 Basamanggas Resort 08822-760564 Fax: 760565 Taiwan Indigenous Craftworks Industry and Life Hall. To Taiwan’s industry images of indigenous peoples, Council of Indigenous Peoples (ROC) has especially planned to participate in Taiwan Expo Philippines 2017, which is to convey the spirit of “exploring the sun”-the positive cultural enrichment of the indigenous people with joint efforts of outstanding indigenous people, we turn over a new leaf of indigenous people’s style in terms of cultural creative industry, featured agriculture, and eco-tourism.

Taiwan Expo 2017 in the Philippines To launch at SMX Manila, Sep.29 – Oct.1

The Taiwan External Trade Development Council (TAITRA) and the Taiwan Association Inc. Philippines (TAP) will be bringing in top manufacturers and suppliers to the country through the Taiwan Expo 2017 which will be held at the SMX Convention Center Manila, Mall of Asia Complex from September 29th to October 1st. The show is open from 10:00 am to 6:00 pm daily. Admission is free. The exhibition, designed based on current industry developments and market needs, will host eight theme pavilions: City Marketing, Inno-Tech, Health & Lifestyle, Agricultural Tech, Study in Taiwan, Culture & Tourism, General Support, and the Taiwan Association Philippines. More than 170 vendors from Taiwan will present over 4,500 quality products and services to give the Filipino consumers a chance to experience Taiwan without having to fly across the sea. With this year’s theme “Experience Taiwan! Technology, Culture and Tourism,” the Expo will emphasize six main aspects: green technology, agricultural technology, e-commerce service, Taiwan Excellence, medical technique, and talent exchange, which will highlight Taiwan’s technological development in the industries, as well as educational sources and advances in Taiwan Apart from a product exhibition, the event will also feature other activities, such as business matchmaking, industry forum, cultural

performances, and outdoor programs to be held at SM Mall of Asia. These events will serve as a platform for long-term and mutually beneficial relations between Taiwan and the Philippines. Technology and lifestyle product development is Taiwan’s strong suit. Through the Industry Forum, which will focus on two topics: Taiwan’s IOT Strength and Development and Taiwan Fishery Industry & Food Packaging Design Trends, visitors to the Expo will get to know more about Taiwan. To encourage cultural exchanges between Taiwan and the Philippines, the organizers have invited a famous Taiwan circus group and several music artists and bands to perform live during the Expo. The performances will blend western influences with traditional Taiwanese styles. Through the upcoming event, Taiwan hopes to forge a deeper bond with the Philippines, particularly in economic, talent, and cultural exchanges. Admission to the event is free. For more info, check out their website http://ph.taiwanexpoasean. com/ or look them up on Facebook and Instagram @ taiwanexpo.ph. Taiwan and the Philippines enjoy a close economic relationship. Taiwan’s total investment in the Philippines in 2016 reached US$2.3billion, the 12th highest among all foreign investments in the nation in the year. Meanwhile, some 144,000 Filipinos are currently working on the island nation.

Cagayan Riverview Inn 8584245 / 729039 Fax: 8584245 Casa Crystalla 8561704 / 722465 Fax: 722480 Casa Isabella (088) 8564065 Casa Azucena 8563402 / 09236593973 Chali Beach Resort 732840 / 8552108 Fax: 8555941 Chananthon Bed & Breakfast 8568189 / 3093095 Country Village Hotel 8583004-06 Fax: 8583006 D’Budgetel 8564200/726643 Fax: 8564300 Dahilayan Forest Park 8568562 to 63 De Luxe Hotel 8572144 / 724548 Fax: 724563

SAN YANG FOOD. For over 30 years of manufacturing experience since its establishment in 1971, SunYang Food Co., Ltd. is a leading food company that offers a wide variety of delicious snacks and canned fruits and vegetables. Our “Ladybird” brand prepared cuttlefish, which was introduced to the Thai market in 1973, has been trusted by Thai people as their preferred brand for this type of snack. After 30 years in the market, the name “Ladybird” is today a common name associated with shredded cuttlefish.

Discovery Hotel 727814 / 8563896 Fax: 8563897 Duka Bay Resort (088) 3312290 Fax: 725265 Dynasty Court Hotel 8574802 Fax: 857900 Grand City Hotel 8571900 / 728469 Fax: 723718 Hotel Conchita 8563856 / 727355 Fax: 8563857 Hotel Koresco 8589749-50 Fax: 8589748 Hotel Sogo 8520383 Kingston Lodge 8585696 Fax: 8585696

Southwinds Hotel 724803 / 8562036 Fax: 8562036 Stargate Dream Vacation Resort 8515003 / 8509999 The VIP Hotel 726080 / 8562505 Fax: 726441 RED PLANET 8800888/8801306 Travelers Pod 8518988 Uptown Condotel 8511800 Villa Paraiso Apartelle 3870419 Fax: 3870429 HONORARY MEMBERS: Dept. of Tourism 723696/726394 / 8564048 Fax: 723696 RESTAURANTS: Bigby’s Café 72-1071/857-5511/8575836 Fax: 711843 Café Laguna 8582999 Fax: 8567001 DM Villaruy Restaurant 733790 Golden Ajirang I 856-5271 Fax: 727876 Grand Caprice Restaurant 72-6955/856-2302 Fax: 72-4986 Kagay-anon Restaurant 728958 / 8563688 Fax: 8563843 / 729003 La Ilongga Restaurant 72-6183 / 857-3652 Fax: 72-4605 Missy Bon Bon 8566852 / 09228606442 Fax: 8566852 SLERS Ham & Café 8551438

Mapawa Natures Park 8584402 Fax: 725265

Thai Me Up 738424/3108424 Fax: 738424

Mallberry Suites 8541999 / 7249999 Fax: 8544999

Barkadahan Grill 8551234

Maxandrea Hotel 8572244/729943 Fax: 724090

La Tegola Cucina Italiana 8585959

Miami Inn 8581901 to 02 Fax: 725279/728486 N Hotel (088) 8801924 HERB VINEGAR. Herbs Family was founded by an herb-loving couple, who learned from their parents’ generation how to make camphor essential oil, and then applied those skills in developing a great variety of herbal products. Their staple product Herb Vinegar uses apple vinegar as a base to immerse herbs and honey in, and this creates unique flavors without using chemical additives.

Seda Centrio Hotel 3238888 / 0917-577-5910

Paras Beach Resort 8568563 Fax: 8568563 Philtown Hotel 726295 / 8564402 Fax: 723104

limketkai luxe hotel 8800000 Dear manok 8564914 / 8573413 LIMKETKAI LUXE HOTEL Landline: (088) 880-0000, Mobile: 0917-312-4563 Email: info@limketkailuxe.com

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friday|September 29, 2017

Helps... from page 2

September 2017 from DTI10 through the assistance of the Skills Mastery Institute (SMI). Each tool kit contains threads with different color variations, a pair of scissors, measuring tools, needles and pins, and other sewing materials that will allow them to produce malongs and Maranao-inspired dresses and ternos. They are currently undergoing five-day garments training-cum- production w h i ch w i l l e n d on 3 0 September. “Nagpapasalamat kami sa mga miyembro ng Al Abrar Masjid Jamah Guidance and D e velopment. Si la talaga ang lumapit sa amin upang matulongan ang mga IDPs dito,” said Task Force Bangon Marawi (TFBM) Sub-Committee on Business and Livelihood Chief-ofStaff Nelson Catubig as he recalled the day officials of AAMJGD visited DTI-10 office and inquired about the ongoing business and livelihood projects under TFBM. SMI Principal Irene Floro meanwhile encouraged the IDPs to do their best in the training-cum- production. S h e i s a l s o opt i m i s t i c that they can sustain this livelihood. “Alam ko pong masisipag ang mga taga Marawi. Subukan niyong pumunta sa Marawi, walang tao doon na nakatulala. Either nagbebenta, nagtatanim at kung ano ano pa,” she cited. Last week, seven rolls (92.4 kg) of garments were turned over to 62 IDPs staying in Iligan City in the presence of representatives from DTI ARMM Lanao del Sur Provincial Office, Provincial Training, Livelihood and Development Center (PTLDC), and National Emergency Operation Center (NEOC). These IDPs will produce the second batch of products under the Dressmaking project of Task Force Bangon Marawi Sub-Committee on Business and Livelihood. The first batch of products, produced by 20 IDPs in the months of July and August, were displayed at Kahimunan Regional Trade Fair at SM CDO Downtown Premier last August 18-29, 2017 and at the Robinsons Iligan Pasalubong Center. According to PTLDC, the total sales generated from the IDP-finished products for the period August 15 to September 10 amounted toP71,185. (APB/PIA-10)

Jollibee... from page 3

This week, people familiar with the matter said Jollibee was considering bidding for Pret A Manger, a UK-based chain selling organic coffee and wholesome sandwiches to office workers. It is still working out a valuation and has not yet decided to bid, the people said. “Jollibee has to keep chasing growth. They own pretty much every large chain

in their home market,” said a regional banker who has dealt with the company. “They are definitely not shy when it comes to looking at mature markets.” Ysmael Baysa, Jollibee’s chief finance officer, told Reuters this week that buying new businesses “has always been part of our growth strategy.” Mr. Tan started out with two ice cream parlors in the 1970s, and expanded Jollibee rapidly into a fast food chain dubbed “the McDonald’s of the Philippines.” Forbes ranks him as the country’s eighth-wealthiest man. “They see where they could utilise the knowledge and synergies they have,” said Robert Ramos at Unionbank, who helps manage $795 million in funds and holds Jollibee stock. “They are increasing the revenue stream beyond the businesses they have now… They are choosing businesses in line with their core competence.” As discretionary incomes have grown in Asia, the region has become the second-largest fast food market globally after North America. Jollibee has created new domestic brands and has tie-ups with foreign chains. It bought a stake in Highlands C of fe e, w h i ch out s el ls Starbucks in Vietnam, and opened its own outlets in Saudi Arabia and the United States. ‘PREMIUM CREDIT’ Jollibee’s interest in Pret A Manger — which owner Bridgepoint is said to be preparing for a US listing this year — comes just two years after Mr. Tan paid around $100 million for a 40% stake in US-based chain Smashburger, his biggest overseas deal to date. “If Jollibee wanted to do a $1-billion acquisition, it will have access to capital. It’s very liquid whether overseas or onshore. Jollibee is a premium credit,” said a person close to the company, who was not authorised to speak to the media and asked not to be named. “Jollibee is very clear where they would like to grow: the Philippines, China and the US.” In China, the company operates about 400 stores of various brands, including joint ventures. While Jollibee’s original menu is a hit at home and among the diaspora of millions of Filipinos working overseas, it’s a challenge to broaden its appeal to international diners — hence the drive to acquire global brands. Jollibee’s revenue has more than tripled over the past decade to P113.9 billion ($2.2 billion), its net income has jumped to P6.16 billion, powered by strong consumer spending in one of the world’s fastest-growing economies, and its shares trade at around P242 each, up from P51.50 a decade ago. Other Philippine companies, too, have used their plentiful cash and access to bank credit to make overseas deals, such

as Universal Robina Corp.’s acquisition of Snackbrands Australia for $462 million last year, and Alliance Global Group’s earlier $291 million buy of Bodegas Fundador from B eam Suntor y. — Reuters

Posts... from page 4

to this, because the clear maneuver on what Dee said is to point to the current administration as the culprit in connection with the P6.4 billion shabu. -ooo ALEJANO: WHY IS THE PRESIDENT SILENT? And, indeed, this is what appears to be happening now. Is it not a fact that Magdalo Rep. Gary Alejano has a media release in which he was criticizing what to him was the “suspicious” silence of Duterte on the illicit release of the shabu in question from the Customs during the months that the issue is hogging the headlines? This is highly dubious, said the lawmaker who earlier filed an impeachment complaint against the President. Alejano also quipped: “Duterte has been suspiciously silent on an issue involving illegal drugs of this scale. The President kills small-time drug addicts in the streets while tons of drugs like these just pass through…” “As the administration boasts the warming and clos er rel at ions of t he Philippines and China, maybe the President could nudge his friends in China for their cooperation in this transnational problem on illegal drugs. It is not a new knowledge that China is one of the major sources of illegal drugs,” he said. -ooo WATCH “ANG TANGING DAAN” AT FACEBOOK: “Ang Tanging Daan” is a Bible exposition and prayer session for everyone, in English and Filipino, 24/7, worldwide, that can be viewed at w w w. f a c e b o o k . c om / angtangingdaan. Please see the video section. Reactions: 0917 984 24 68, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

Debt... from page 5

ST liabilities comprised the 20.1 percent balance of debt stock and consisted of bank liabilities, trade credits and others. Public sector external debt stood at US$37.5 billion (51.7 percent of total debt sto ck), lower t han t he previous quarter’s US$37.7 billion (51.0 percent of total) due to a US$122 million decline in non-residents’ i nv e s t m e nt s i n p u b l i c sector debt papers issued offshore and net repayments of US$121 million. About US$30.5 billion (81.3 percent of public sector obligations) of these accounts were NG borrowings. P r i v at e s e c t o r d e b t similarly dropped to US$35.0 billion (48.3 percent of total) from US$36.1 billion last quarter, largely due to net repayments of US$1.1 billion.

L o ans f rom of f i c i a l sources (multilateral and bilateral creditors - US$23.7 billion) and foreign banks and other financial institutions (US$23.7 billion) comprised the largest share of total outstanding debt at 32.7 percent each. Borrowings in the form of bonds/notes h e l d by n on - re s i d e nt s (US$20.3 billion) accounted for 28.1 percent, while the rest (US$4.8 billion or 6.6 percent) were mostly owed to foreign suppliers/exporters. In terms of currency mix, the countr y’s debt sto ck remained largely denominated in US Dollar (62.8 percent) and Japanese Yen (12.8 percent). US Dollardenominated multi-currency loans from the World Bank and Asian Development Bank had a 13.9 percent share to total, while the remaining 10.5 percent balance pertained to 17 other currencies, including the Philippine Peso (6.5 percent), SDR (2.2 percent), and the Euro (1.3 percent).

Discharge... from page 7

higher f ines and more stringent penalties against companies and other entities that violate environmental laws. “Let me reiterate that we need to have a mechanism that determines the full compensation cost for the damage made arising from e nv i ron m e nt a l c r i m e s , including violations of ECC conditionalities,” Cimatu said. The EMB-NCR, in its notice of adverse findings, summoned PHILECO officials to a technical conference on Oct. 3 to discuss the issue. The PHILECO officials were told to bring with them position paper or present contrary evidence at the hearing. “Should you fail to do so, it is presumed that you are waiving your right to be heard and the case shall be resolved on the basis of evidence on record,” the EMB-NCR told PHILECO executives. Cimatu ordered the EMB to also invite to the technical conference representatives from concerned local gove r n m e nt u n it s an d the Metropolitan Manila Development Authority to address the problem. He said he would return to the site after the technical conference to see if there will be some developments. The notice of adverse findings was a result of the compliance monitoring inspection conducted on August 9 by a team of local DENR officers. Aside from the discovered leachate, the monitoring team noted that PHILECO violated Section 25 (Guidelines for Transfer Stations) of Republic Act No. 9003 or the Ecological Solid Waste Management Act of 2000 for storing waste materials in the facility beyond the 24-hour limit. This was also reiterated in Rule X Section 2 (Minimum requirements for establishing and operating Transfer Stations), of the Implementing Rules and Regulations of the aforementioned law (DAO 2001-34).

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Falters... from page 1

prevented him to participate in the elite Championship Tour competition. “I can’t even explain how happy I am right now,” Monteiro said. “Right at the end when I saw that wave came I knew it as the one and I knew I could do it. This has been a really amazing event for me. It is my first time here in the Philippines and the waves have so good, we have all been really spoiled with the waves we got and everyone was ripping so I feel really lucky to come out on top.” Alcala, the only Filipino hope for the crown entering into the quarterfinals, did all he can with at least 12 minimal points waves try which was not enough the overcame the insurmountable four-point lead of King who was already regarded as inevitable finalist contender. As a compliment, however, the three-time former world surfing champion Alcala brought home at least 3,000 dollars as a quarterfinalist competitor. His countryman John Mark “Marama” Tokong who was more likely expected to make it to the higher rounds was already eliminated in the fifth round from a sorry loss to Australian Mitch Parkinson going into the quarterfinals. Swiss-Italian businessman Gianni Grifoni, who owns the popular Kermit Resort and the major sponsor of Tokong was pinning hopes on him since they have been through a hard training. Tokong was champion in the 2015 series. Meanwhile, Mayor Jaime Rusillon of this town said he was humbled by the great turnout of some 20,000 tourist arrivals to witness the surfing competition which offered a total prize pot of 75,000 US Dollars with the champion will take home 12,000 dollars. “This is the largest tourist visit this year and it only showed that Siargao has already git more attention in the tourism industry,” Russilon said. All 650 airconditioned rooms in the resorts are fully booked for the whole week apart from some 400 home stays being availed by the foreign guests.

Junk... from page 1

Lucero added environment alists were appalled upon knowing that the city government was reconsidering the plan to put up a WTE technology to replace the seven-hectare sanitar y landfill in New Carmen, Tugbok that is almost full. Waste-to-energy is the process of producing energy in the form of electricity and/or heat from the incineration of wastes. Lucero said putting up a WTE project might also hurt the city’s finances. She pointed out that in order to sustain the technology investors will impose a 20- to 30-year lock-in period in which the city will be burdened with

fees “whether you put the amount of waste or not” due to the “put-or-pay” provision provided for in the contract. She s ai d at l e ast 6 0 percent of the wastes produced in the city are organic while the remaining 40 percent are inorganic or non-biodegradable, the high calorific wastes that a WTE technology needs, which include papers, metals, and plastics. Ellen Trazo, member of the Sustainable Davao Movement, appealed to the city government to junk the waste incinerator and embrace the zero waste solution. “Let’s go back to basic,” she said. In a press release, Mylai Santos, director of Ecoteneo at the Ateneo de Davao University, said the 600-ton waste-toenergy incineration plant being mulled by the city g ov e r n m e nt h a s t o b e carefully assessed against t he h i e r archy of w a ste management options that puts reduction of waste at source as the top choice. She said the city’s landfill has overloaded its capacity for failure to minimize the waste generation through mandatory segregation at the source. She cited that Republic Act 9003, or the Ecological Solid Waste Management Act of 2000, and Ordinance 0361-10, or the Davao City E colog ic a l S olid Waste Management Ordinance of 2009, provide for the c ompu l s or y s or t i n g of discards at source by all waste generators, as well as the establishment of barangay-based materials recovery facilities. Ordinance 0361-10 bans the use of non-biodegradable plastic bags and polystyrene, or styrofoam as food containers effective June 28, 2012. Section 10 states t h a t “o n l y r e c y c l a b l e , biodegradable or reusable containers are allowed to be used as a food and beverage containers.” Ellen Ferrer, ADDU’s Ecoteneo student unit head of c ol l e ge d e p ar t me nt , lamented that of the 56 sacks of garbage recovered during a coastal cleanup last Saturday in Talomo, 24 were styrofoam. “ L e t ’s b e a s s e r t i v e with properly segregating our wastes and properly disposing them,” she said.

Garners... from page 1

Meanwhile, the Securities and Exchange Commission (SEC) reported that 135 new firms (corporations and partnerships) invested in this city during the second quarter of 2017, with total capital of P104 million. This was higher by 22 percent compared to the April-June period in 2016. For the third quarter of 2017, employment rate in the region remained at 94.6 percent, translating some 1.99 million workforce.

Gardenia... from page 1

“G ard e n i a a l re a dy distributes in Davao, Cagayan de Oro, General Santos, Surigao and Zamboanga del Norte, coming from its plant in Cebu, but there is still a big potential for the market,” he added. The facility in Misamis Oriental will be Gardenia’s third largest bread manufacturing plant in the country, next to Laguna and Cebu, with a daily capacity of 130,000 loaves and buns. Umali said Gardenia’s Misamis Oriental plant is expected to generate hundreds of jobs in the local area. “Gardenia’s Mindanao plant is a completely new breadline that will feature robotics and the latest available technologies in modern baking, sourced from the best bakery equipment suppliers from all over the world, like in Germany, the Netherlands, United States, United Kingdom, Malaysia and Japan,” he said. (PNA)

Food... from page 2

“It is actively providing assistance in the production of high valued crops and the development of agriproducts and marketing of its goods, among others,” the president noted. Duterte also brought attention to the availability of the color-coded agrifishery maps that will help farmers identify the most suitable crops for their farms, saying that this will be continuously improved with new data and tools to provide more information to farmers. Meanwhile, the p r e s i d e n t’s s t a t e m e n t s were early on supported by t h e pre s e nt at i on of Bernadette Romulo-Puyat, undersecretar y of the

Republic of the Philippines Region X Province of Lanao del Norte Municipality of Kapatagan Office of the Municipal Civil Registrar RA 10172(GENDER) NOTICE OF PUBLICATION In compliance with Rule 7 of R.A. 10172, a notice is hereby served to the public that AGSAP, RUSSEL ZYL C. has filed with this office a petition for Change of Gender from FEMALE to MALE in the birth certificate of AGSAP, RUSSEL ZYL C. who was born on MARCH 5, 1996 at POBLACION KAPATAGAN LANAO DEL NORTE and whose parents CELITO J. AGSAP and MARISSA C. AGSAP. Any person adversely affected by said petition may file his written opposition with this Office not later 15 days. BWM: Sept. 22 & 29, 2017

(Sgd.) IVY R. TONGCO Municipal Civil Registrar

Department of Agriculture, in one of t he bre a kout sessions lined-up during the conference, where she tack led the Role of the Agribusiness Industry in Mindanao in the ASEAN and Emerging Markets. “A c c o r d i n g t o t h e Food and Agriculture O r g a n i z a t i o n ( FA O ) , Mindanao supplies over 40% of the country’s food requirements and that it contributes about 30% of the national food security,” the undersecretary reported. The DA of f icial also said that there are already e x i s t i n g a n d p o t e nt i a l marke t s for Mind anao, particularly for cacao b e ans, p omelo, dur i an, organic rice, coconut and its by-products while target for export includes cacao, muscovado, sugar, turmeric and mangosteen. Puyat also highlighted M i n d a n a o’s l o g i s t i c s as a potent tool in the attainment of the abovesaid, comprising the international shipment port in Davao and its proximity to export markets such as the ASEAN market and other countries, namely: China, Korea and Japan. Further, the undersecretary has stressed t h a t t h e DA h a s a l s o undertaken opportunities for enriching the agribiz sector through extending production support and product development, and marketing initiatives, under the tutelage of DA Secretary Emmanuel F. Piñol. Wit h t he ment ione d systems in place, President Duterte, nonetheless emphasized, that it will entail more to promote business, trade and investment in Mindanao. “Our efforts will be in vain if we cannot ensure s t a bi l it y a n d ord e r, a s wel l as s e c ure just and lasting peace in the island, h e n c e t h e g ov e r n m e nt is intensifying the fight against illegal drugs, crime and corruption, as it creates a more enabling

and nurturing environment in the island-region. With your cooperation and our people’s support, I am confident that we will create a more prosperous and progressive Mindanao,” the president concluded. With the theme “Emerging Opportunities, One Mindanao”, the threeday affair was undertaken through the synergistic efforts of the CDO Chamber of Commerce and Industry Foundation, Inc., Philippine Chamber of Commerce and Industry (PCCI), Mindanao Development Authority, t he city and provincia l local government units of CDO and Misamis Oriental, Department of Science and Technology, Department of Trade and Industry, among other groups. With focus on the agribiz industry, the Department of Agriculture-Regional Field Office 10 (DA-RFO 10) under the leadership of OIC-Regional Director Carlene C. Collado, served as one of the co-convenors. Heading the delegation on behalf of the regional direc tor is Direc tor III and Regional Technical D i r e c t o r C a r m e l i t a T. B aj a r l a , a n d C h e d y V. Ansale, agribusiness and marketing assistance division chief. (JLOlson, DA-RFO 10)

Machine... from page 4

the manual and instruction book for the human machine, so we can keep enjoying life without hurting ourselves and breaking down. Jesus our Designer shows us His blueprint for success and satisfaction that lasts. But it’s never too late to get your life fixed and working correctly again. So why not ask Jesus Christ to forgive you for living your own way? Then ask Him to take charge so you can start living His right, successful way. It’s the only way you’ll ever enjoy your life fully the way it was meant to work. Just Think a Minute…

Republic of the Philippines MUNICIPAL TRIAL COURT IN CITIES 10th Judicial Region BRANCH 1 Cagayan de Oro City IN THE MATTER OF CIVIL CASE NO. LRC-C16-MAY 004 APPLICATION FOR LAND REGISTRATION UNDER For: P.D. NO. 1529, LOT 119 CAD-237 CAGAYAN CADASTRE ROGER G. TAN, PLAN AP-10-003272 Applicant. X-----------------/

NOTICE OF INITIAL HEARING

Finding the verified petition/applicant for registration of Parcel of Land filed by Roger G. Tan of Lot 119 Cad-237 Cagayan Cadastre Plan AP-10-003272 situated at Vamenta Boulevard, Ilaya Barangay Carmen, Cagayan de Oro City, Island of Mindanao to be sufficient in form and substance, the same is set for Hearing on May 29, 2018 at 8:30 o’clock in the morning at the session hall of this court, and hereby requiring all those who may have interest over the said parcel of land to appear on such date, time and place and show cause why the petition should not be granted. Let copy of this court be published at the expense of the applicant in two (2) successive issues of the Official Gazette and three (3) successive issues of a newspaper of general circulation in the Province of Misamis Oriental and City of Cagayan de Oro, and in a conspicuous place on the land subject of this petition at least thirty (30) days prior to the date of hearing. So Ordered. Cagayan de Oro City, August 22, 2017. (SGD.) CESAR A. MERLAS Presiding Judge BWM: Sept. 22, 29 & Oct. 6, 2017

AFFIDAVIT OF SELFADJUDICATION Notice is hereby given that the intestate estate of the deceased ISIDRO G. SALESA, who died on July 17, 2017 at Polymedic Plaza, CDO. The deceased died intestate without leaving any last will and testament and without any outstanding debts; The deceased left the following property/ies, to wit: list properties left by the deceased which should include the BDO account.I LALAINE S. MARAPAO (surviving heir), of legal age, Filipino, married and residing at Landing, San Isidro, Talakag, Bukidnon hereby freely and voluntarily declare and state THAT: LANDING, SAN ISIDRO, TALAKAG BUKIDNON. Pursuant to Section 1 of Rule 74 of the revised Rules of Court of the Philippines, I hereby adjudicate unto myself the above-described property/ies by means of this Affidavit. Under Notary Public of Atty. JORGE B. MAGDAONG, JR.; Doc No. 104; Page No. 21; Book No. XV; Series of 2017. BWM: Sept. 22, 29 & Oct. 6, 2017 EXTRAJUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE Notice is hereby given that the intestate estate of late SALVADOR M. GALAGNARA, who died on May 08, 1942 died intestate without any last will or testament, and without any outstanding debts; Parcel of Land located at Molugan, EL SALVADOR, MISAMIS ORIENTAL, covered by ORIGINAL CERTIFICATE OF TITLE No. P-1346, transfer certificate of title No. T-1345 LOT NO. 7688, Cad-237; SALVADOR M. GALAGNARA is the subject of EXTRAJUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE; is made and entered among; RUBEN V. GALAGNARA, of legal age, Filipino citizen, married and a resident of El Salvador City, Misamis Oriental, hereinafter to as the VENDOR; LUCIO V. GALAGNARA, of legal age, Filipino citizen, married and a resident of El Salvador City, Misamis Oriental, hereinafter referred to as the VENDOR; HEIRS OF SALVADOR GALAGNARA, represented by SUSAN PAIRAT and EMMA GALAGNARA ACERA of legal ages, Filipino citizens, married and residents of El Salvador City, Misamis Oriental, hereinafter referred to as the VENDOR; LUIS GALAGNARA, of legal age, Filipino citizen, married and a resident of El Salvador City, Misamis Oriental, ALL collectively referred to as the VENDOR; and RENREN TRADING & CONSTRUCTION SERVICES, rep. by: AYOBKHAN L. SUMANDAR, of legal age, Filipino citizen, married and a resident of RTCS Comp., Purok 1 Emerald, Hinaplanon, Iligan City. That for and in consideration of the sum of TWO HUNDRED THIRTY THOUSAND (230,000.00) PESOS. Philippine Currency, the receipt whereof is hereby acknowledged by the VENDORS from AYOBKHAN L. SUMANDAR, of legal age, Filipino citizen, married and a resident of RTCS Comp., Purok 1, Zone Emerald, Hinaplanon, Iligan City, VENDEE to the entire satisfaction of the VENDORS, and said VENDORS does by these presents sell, transfer and convey, in a manner absolute and irrevocable, unto said VENDEE, their heirs and assigns, free from all liens and encumbrances the aforesaid parcel of land. Containing an area of SEVEN THOUSAND FOUR HUNDRED AND NINETY ONE (7,491) SQUARE METERS. Under Notary Public of ATTY. MELANIE D. ORTIZ-ROSETE; Doc No. 03; Page No. 01; Book No. 17; Series of 2017. BWM: Sept. 22, 29 & Oct. 6, 2017

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Eagles NMR-1, Rotary Club CDO support Special Games 2017 C

By MARK FRANCISCO

AGAYAN DE ORO CITY The Fraternal Order of Eagles (Philippine Eagles) NMR1 and Rotary Club of Cagayan de Oro provided snacks to 438 athletes in the whole-day Cagayan de Oro Division Special Games held last Monday at Misamis Oriental Integrated Sports Complex here.

The Fraternal Order of Eagles (Philippine Eagles) NMR1 were led by Governor Anjun Gomez while the Rotary Club of Cagayan de Oro was led by president Antonio Fernandez. The athletes came from 18 public elementary and six secondary schools participated during the event. There were also participants from the private sector. According to Division SPED coordinator Rose Mary Sudaria, there were a total of eight events during the tournament. They are track and field, shotput, long jump, bocce, goalball, swimming, basketball and badminton. The athletes are either visually impaired or intellectually

disabled. In the morning, snacks were provided by the Fraternal Order of Eagles (Philippine Eagles) NMR1 led by Gov. Anjun Gomez. Also on hand were PEIL NMR1 director Andy Paurom, regional treasurer Yogi Hembrador, Dr. Ferdy Miranda (president of the Royal Vector Eagles Club), national information secretary Karl Ugsod, Cris Fernandez (president of the Macajalar Eagles Club), John Adlaon (president of Silver CDO Eagles Club) and regional secretary Manny Suganob. In the afternoon, it was the turn of the Rotary Club of Cagayan de Oro to provide snacks to the athletes.

The Rotary Club of Cagayan de Oro hands out snacks to the children with special needs during the Division Special Games 2017. In photo (from right) are Rotary Club of Cagayan de Oro president Antonio Fernandez, BusinessWeek Mindanao publisher Dante Sudaria, Division SPED coordinator Rose Mary Sudaria and Dr. Vic Cinco of Special Olympics Philippines.

The Fraternal Order of Eagles (Philippine Eagles) NMR1 led by Gov. Anjun Gomez hand out snacks to the children with special needs during the Division Special Games 2017.