BusinessWeek Mindanao (September 2, 2015)

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 029

Market Indicators

As of 6:10 pm september 1, 2015 (friday)

FOREX US$1 = P46.68

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PHISIX 7,098.81

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76.72 points

Industrial peace VALENCIA City -- The Department of Labor and Employment (DOLE) Region 10, through its Bukidnon Provincial Field Office conducted another successful mid-year General Assembly in coordination with the Bukidnon Tripartite Industrial Peace Council (BTIPC) members on 6 August 2015 at Taipan Hotel and Restaurant, Valencia city.

BTIPC is an advisory and consultative body composed of representatives from the workers, management, and government legally constituted for a common purpose in the Province of Bukidnon DOLE-10 Bukidnon Provincial Field Office head, Raul Valmores, said, “Annually, a Mid-Year General Assembly is conducted by the council to promote and maintain a state of understanding, cooperation and concerned involvement in various issues to sustain industrial peace.”

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Night market DAVAO City -- The nightmarket is now earning for the city, according to Retired Colonel Yusop Jimlani, chief of the Drainage Maintenance and Demolition Unit.

Jumlani said that the night market earned P2,242,867 from January to December in 2014 collected by the City Treasurer’s Office.

Jimlani said that from January to June in 2015 the income generated from its operation reached P2,238,805.

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Marawi rally makes last stand on BBL www.businessweekmindanao.com

Wednesday | September 2, 2015

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By SAMIRA ALI GUTOC, MindaNews

ARAWI City -- In one of the largest crowds ever gathered at Plaza Cabili in Banggolo, thousands of Meranaos on Monday staged a rally dubbed “The Last Stand for Peace,” in support of the Bangsamoro Basic Law (BBL) drafted by the Bangsamoro Transition Commission (BTC), rejecting the “watered down” versions of the House of Representatives and the Senate.

Rally participants said in their manifesto that the “only acceptable BBL” is what was drafted by the BTC and submitted to Congress on September 10 last year.

“Any substitute bill, let alone the Senate diluted and watered down version b e c au s e of su b st ant i a l changes, amendments and bbl/PAGE 11

DIVINCE MERCY SHRINE. The gigantic Divine Mercy Shrine in El Savador, Misamis Oriental continues to draw crowds as it marks the feast of the Blessed Virgin Mary on September 8. The shrine features the 15.24 meters high statue of Jesus as the focal point of the Divine Mercy Hills. photo by gerry lee gorit

SEC warns of proliferation of online investment scam

By IRENE DOMINGO, Staff Writer

THE Securities and Exchange C ommission (SEC) has warned anew the proliferation

of illegal online scams that lure unsuspecting public to put on their hard-earned

money with a promise of high yields on their investments.

In an advisory, the SEC said a firm named Emgoldex scam/PAGE 11

DAILY SIGHT. A T’boli fisherman deploys fishing nets in Lake Seloton in Lake Sebu town, South Cotabato. Seloton is one of the major lakes in town, which is a known source of tilapia in the region. mindanews photo by keith bacongco

Halal laboratory in Koronadal eyed by 2016

Get your BWM Loyalty Card NOW for only P350.00 valid for one year, and avail of discounts to more than 150 participating business establishments.

GENERAL Santos City -The Department of Science and Technology (DOST) in Region 12 is pushing for the full completion of the Philippine National Halal halal/PAGE 11

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Economy

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LGUs, PPP beneficiaries, Aboitiz forge partnership for livelihood program M ACO, Compostela Valley -- At least 100 Pantaw id Pamilya beneficiaries in Barangays Mapaang and Manipongol here will soon engage in Organic Red Creole ‘Bombay’ Production under Sustainable Livelihood Program (SLP) with the newly forged partnership among the Department of Social Welfare and Development (DSWD), local government of Maco and Aboitiz Foundation, Inc.

Under this latest venture, DSWD is providing Php 405,500, Aboitiz Foundation, Inc. shares Php 182,700 and LGU Maco through its Municipal Agriculture Office will teach the technology and takes charge of project monitoring.

DSWD Project Development Officer Ronnel L. Terante said project participants would be trained on land preparation, soil mixing,

seedling preparation, water management, fertilization, topping, harvesting and curing. The ‘bombay’ would be grown within 110-120 days, he added.

At the recent signing of the Memorandum of Agreement at Barangay San Roque, Director Priscilla N. Razon of DSWD said, “This is an opportunity for us to provide livelihood to our 100 family-beneficiaries in the two barangays. We are happy that for capability building alone, we have extended Php 8 million so far here in Maco.

We have to raise their capacity through microenterprise development or through employment facilitation. We desire to see our program participants really improving their level of well-being, hence we are preparing them for economic activity. We are grateful that we have more partners so that more will benefit from the 6,216 Pantawid recipients here.

Razon also stressed the constant support of the local government, adding, “Together, we hope to be able to saturate all Pantawid families so they can become progressive and engaging in economic activities that would sustain their livelihood and promote improved quality of their life for their families.

Jose Venancio Batiquin, COO of Therma Marine, Inc. and President, Aboitiz Power Oil Group said, “We are helping these families because we want them to have a better life. We all know that Pantawid assistance will never be enough. We are targeting families who are willing to sacrifice, willing to learn. When the beneficiary learns and understands the technology then he can move on. We are very happy to be part of this endeavor. We have long wanted to reach out to our neighbors.”

Mayor Alvera Veronica

R . R i mand o e x pre ss e d her all-out support. “All DSWD projects in Maco are well implemented. We have created a team that will monitor all livelihood projects. This ‘bombay’ production will be successful with our assistance. You have our full support.”

According to Elizabeth D. Uy, Municipal Social Welfare and Development Officer, the LGU has installed a municipal livelihood focal and even a livelihood focal in each of the 37 barangays to assist the DSWD project development officer assigned in the area. “ The LGU has even assigned a motorcycle service to the DSWD staff for prompt coordination with other workers in the town and so that he can easily move around to check on project progress,” she added.

Paquita T. Rafols, AVP for Corporate Services said, “We will not just put food on the table today but really

a livelihood that will send their children to school. We are happy to have found our partners. We wanted to implement livelihood projects in the past but we were looking for partners then and now we have just found the right partner in DSWD.” We always welcome the support of CSOs (civil society organizations) which are pro-development and we appreciate their commitment and sincerity to partner with the public sector especially with DSWD, Razon added.

Benefiting 993 families at a cost of Php 7.2 million, other livelihood projects recently initiated by DSWD here are Crab Fattening, Computer Hardware Servicing NC II, Automotive Servicing NC II, Organic Corn Production, Kalabasa Production, Kamatis Production, Visual Graphic Design NC II, Native Chicken Production, and Swine Production. (PNA)

‘No return, no exchange’ policy signs deceptive, DTI says

BROADCASTING DAILY AT 1368 ON AM BAND AND ON PARASAT CABLE TV AT CHANNEL 5

MAL AYBAL AY Cit y -The Department of Trade and Industry (DTI) said the display of “No return, no exchange” policy sign anywhere in the store or printing in sales contracts or official receipts is deceptive.

“By provision of law, sellers are obliged to honor their implied warranties and

grant corresponding remedies to consumers,” said Trade and Industry Development Specialist Christopher Diaz, during DTI’s Basic Consumer Education conducted recently at Im b at u g , B au n g o n , Bukidnon.

Diaz explained that the “No return, no exchange” policy creates the wrong idea that consumers do not have the right to return shoddy or defective goods or remedies in case of imperfect service.

He emphasized that the “No return, no exchange” sign is considered deceptive because consumers may return the defective goods in case of hidden defects but they may not do so due to such wrong information.

Pursuant to the Implementing Rules and Regulations of R.A. 7394, or the Consumer Act of the dti/PAGE 11

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Free Facebook and Free Viber

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Globe strengthens drive to push PH as digital hub STARTING yesterday, Sept. 1, customers will get free access to Facebook and Viber with their favorite Globe call, text, and surf promos The country’s number 1 mobile brand Globe Telecom continues its drive to position the Philippines as the Digital Lifestyle Capital of the World by giving customers free access to Facebook and Viber with their favorite Globe call,

text, and surf promos.

As the leader in the c o u nt r y ’s m o bi l e d at a segment, Globe has been an industr y pioneer in offering Filipinos easy and seamless access to top social networking and over-thetop (OTT) messaging sites, enabling users to embrace the digital revolution and helping shape the country’s potential to become the world’s next

Atlas Mining back in black in second quarter AT L A S C o n s o l i d at e d Mining and Development Corp. booked a secondquar ter prof it of P26 million, containing its net loss to P611 million in the first half of 2015 amid lower metal prices and volume.

It told the Philippine Stock Exchange its revenues grew six percent to P2.8 billion on the back of encouraging production volumes in the second quar ter and favorable realized metal prices, as well as robust equity earnings from Berong Nickel at P182 million.

The company recorded a net loss of P637 million

in the first quarter as lower metal prices and volume were realized.

“Production volumes improved in the second quarter as a result of ongoing work to improve key operations and complete maintenance activities,” said Atlas Mining.

Copper metal in concentrates rose by 1.6 million p ounds to 24 million pounds, boosted by higher head grade, higher milling tonnage and better copper recovery.

Atlas Mining president Adrian Ramos said they are making significant progress atlas/PAGE 11

digital hub.

Also, all Globe Postpaid, Prepaid, TM and Tattoo customers can enjoy free access to Facebook and Viber when subscribed to promos including GoSURF variants and other existing call and text promos such as GOUNLI, ALLNETCOMBO and TMSULITXT, among others without the need for a Wi-Fi connection.

“Since 2013, we have given customers a whole new way of enjoying an e nr iche d and contentdriven mobile experience by being the first telco in the country to give free access to a full Facebook experience.

The overwhelming market take-up further drove us to partner with global content players like Viber to take the experience a notch higher,” shares Dan Horan, Senior Adv is or for C onsumer Business at Globe.

“Starting September 1, over 50 million mobile and

broadband customers will once again enjoy free access to Facebook and Viber by subscribing to their favorite call, text, and surf promos for a leveled-up digital connectivity like no other.”

As the only telco in the country to offer a free full Facebook experience, customers will be able to view photos, stream videos uploaded on Facebook, as well as post, like, share and make comments on the social networking site. Globe Prepaid and TM customers subscribed to their promos will automatically get free access Facebook. Postpaid customers on the other hand can opt-in by texting FREE FB ON to 8888.

Alongside Facebook, the browsing experience is made even better with free access to Viber. Customers can enjoy sending stickers, chatting with friends and groups, and staying connected with other Viber users around the world.

Those registered to a Globe text promo can get Free Viber chat, which includes sending and receiving messages, as well as stickers, doodles, and photos. Exploring public chat is also free. When registered to a call or surf promo, customers can enjoy Free Viber chat, complete with voice and video calls.

Postpaid customers can instantly enjoy Free Viber call and chat for the entire promo duration.

Gl ob e c ont i nu e d to dominate the countr y’s mobile data segment after posting mobile browsing and other data revenues of P9.5 billion in the first six months of the year, a 53% growth from previous year’s level at P6.2 billion. On a quarterly basis, second quarter 2015 revenues reached P5.1 billion, up 16% from previous quarter at P4.4 billion.

This achievement brought the contribution of mobile data revenues to total mobile

revenues by 23% as of 1st half of 2015, coming from 16% the previous year.

With mobile data business growing at a rapid pace, data users from overall Globe mobile customer base have grown to 37% during the same period, a substantial increase from previous year’s 17%. Wireless data traffic on the Globe network has also increased by 82% yearon-year with the growing number of smartphone users and applications that leverage the internet.

To support the growing demand for bandwidth-heavy services such as broadband and data, Globe spent around P11.4 billion in capital expenditures in the first half of 2015.

For more information on Free Facebook, text FREE FB HELP or FREE FB STATUS to 8888 or visit www.globe. com.ph. To know more about accessing Viber for free, visit www.globe.com.ph/freeviber.

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Focus on the Family hink a minute…Some parents can trace their family back 300 years, but the y don’t know w here their children were last night. A wise man said: “If fathers took their sons fishing when they were young, they wouldn’t have to go hunting for them when they’re older.” It has also been stated: “There are no illegitimate children—only illegitimate parents.” Just having children doesn’t make a man a father or a woman a mother.

One father admitted: “The thorns I’ve reaped are from the garden I planted.”

It’s sad that some parents spend more time raising fruits and vegetables than they do raising their own children. Jacqueline Kennedy Onassis concluded: “If you fail to do a good job raising your children, whatever else you do doesn’t matter much.” No work is more important than the work of raising our children to become happy, successful people.

The first doctor in history to successfully perform a heart transplant was the S outh African surgeon, Christian B arnard. But in his book, One Life, he tells about his failure as

No Light at the Tunnel’s end!

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atin Americans and Asians are happy that they do not need the help of the International Monetary Fund (IMF). But, Europe can no longer function without it. What’s behind the IMF’s interest in Greece?

Wit h l o ans tot a l i ng approximately $25 billion, Greece is currently the International Monetar y F u n d ’s ( I M F ) m o s t important customer. “The IMF has crossed the ‘point of no return’,” says Rolf J. Langhammer from the Kiel Institute for the World E c o n o my i n n o r t h e r n G ermany. “B asically, it should have walked away at an earlier point in time.

Now, it’s too late.” I think, unfortunately, the German economist is right, Langhammer has advised international organizations like the World Bank, the EU and German ministries, understands well why many of the 188 members of the IMF are not enthusiastic about the fund’s extraordinary attentiveness to Athens. Many developing countries feel that Greece is a rich European industrial country.

THINK

A Minute

Jhan Tiafau Hurst a husband and father. Dr. Barnard had gone away to America for many months doing his world-famous medical work. He tells what happened when he finally went home to his family in South Africa: “It seemed like 100 years since I’d been home. I’d not written my wife and children in months, yet I was still shocked by my wife’s greeting. She asked, ‘Why did you come back?

I could see there was no longer a smile in her eyes.

She said, “Don’t look so surprised! We gave you up.

We thought you were never coming back!” I said, “But I was building hearts.” She replied bitterly, “No, you were building a family! That is, until you dumped it all hurst/PAGE 11

“Many developing countries think, ‘you have always been tough with us but you are a lw ay s ma k i ng e xc e pt i ons for the rich Europeans,’” says Langhammer. They wonder why they should have to pay for a country in the euro zone. The professor feels there is a “great deal of logic” behind the question.

It seems paradoxical: The term debt relief is a taboo in Latin America, Asia and Africa but that is exac t ly w hat Greece asked the IMF for. On August 14, the head of the IMF, Christine Lagarde, made the organization’s position clear by saying, “It is crucial for Greece’s debt sustainability that its European partners commit themselves to significant debt relief, which goes far beyond the measures taken so far.”

The IMF’s concerns about the sustainability of Greek debt, however, actually reflect self-interest. “We know that from the Latin American debt crisis in the 1980s,” recalls the economist Langhammer. “Then they argued that a haircut would

increase the chances serving the interest payable on the remaining debt.”

Does the fund simply defend the interests of its members by investing their money well? “The IMF is shouting as loud as it can so that no one gets the idea that it could possibly take part in a haircut,” says Jürgen Kaiser, the coordinator of Jubilee Germany, a German NGO that promotes fair and transparent bankruptcy rules.

A ver y big problem: Christine Lagarde lacks explanat ions. The IMF had problems explaining what happened in 2002 a s w e l l . At t h at t i m e , more and more emerging and developing nations distanced themselves from the organization. Sustained growth rates allowed them to form foreign exchange reserves and enabled them to pay off their debts. The IMF lost its customers and was forced to look around for new business opportunities.

The IMF and the ESM, t he Europ e an St abi lit y Mechanism, came closer w h e n t h e c o nt r o v e r s y over the definition of debt

H ave M y Say

Klaus Doring

sustainability broke out this week. Now, the debt amount itself is not decisive, but the servicing of debt, instead. Europe’s lenders claim to have given Athens the best conditions possible to service its debt to the IMF. Maybe strong words, but the sky may fall in on Greece, but Greece will continue to exist as a state. Question only: what will we all pay for it? +++ Email: dor ingklau s@ gmail.com or follow me in Facebook or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com.

When Sadness Prevails: Sadness Versus Depression

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Philippine Press Institute

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Opinion

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e’ ve a l l had our moments of sadness.

Sadness is a normal emotion. We experience it every time something unpleasant happens. We get sad when a relationship ends. Sadness is what we feel when we get bypassed for a promotion. It’s what happens when someone we love says something hurtful.

It’s part of everyday life.

But sadness and depression are two different things altogether.

Depression is one of pre vai ling s adness and yet depression is not just sadness.

We all get the blues. We might even feel extremely s a d an d g r i e ve ove r a significant loss. But most of the time, we continue to function and maintain a semblance of normalcy i n ou r e ve r yd ay l ive s .

Eventually we bounce back.

Sadness is temporary while depression remains c on s t a nt f or w e e k s or months. Sadness lifts when something good happens.

Depression doesn’t. Laughter and humor dissipate sadness while depression doesn’t abate. Sadness may invite negative thoughts but it does not make us think of suicide as a suitable course

of action. Sadness does not make us lose or gain weight, nor does it make us sleep more or sleep less.

I t ’s i m p o r t a n t t o understand the difference b etween t he two, to understand that people with depression are not just sad.

Depression is when a normal human emotion gets out of hand that we cannot think our way out of it without help. It goes beyond life’s up and downs. People who are depressed can’t just pull themselves together.

C omp ar i ng s a d n e s s t o depression is like comparing a benign tumor to cancer.

One can easily be remedied by surgery or may be left alone, while the other one is life-altering and malignant.

Sadness, like surgery for a benign tumor can be painful, but depression goes beyond being painful. It is not normal and it needs medical intervention.

Telling someone who is depressed that “it will go away,” or to just “think positively,” is just like telling someone with cancer that with the right attitude, they will get better. They won’t.

Depressed people have a prevailing sadness that does not go away and may or may not be related to life

events. They lose interest or pleasure in the things they once enjoyed. They lose weight even when not dieting or gain significant weight (more than 5%) of body weight in a month.

They may be unable to sleep or sleep excessively.

They may feel restless or irritated. Fatigue and loss of energ y haunts them.

They feel worthless and guilty. They cannot think or concentrate and may become indecisive. Suicide might be on their minds.

It might just be a desire or they may have a specific plan to carry it out.

Being no stranger to depression myself, I know what it feels like. I know how dangerous it is to ignore it, wish it away, or leave it untreated. I know how painful it is and how life altering. It feels like falling into the abyss with the abyss looking straight back at you. It feels like a subterranean grief and sadness that defines who you are. It changes your perception and you are gripped in the quagmires of despair.

If you or your loved one feels like this nearly every day for at least two weeks to the point that it interferes

psych

siren

by jambie austriadel rosario with your daily activities, you may b e depress e d.

Depression is ver y real.

It is not just “all in the mind,” it’s in the brain.

It alters brain chemistry so that it cannot be cured without medication and therapy. I urge you then to seek help. There’s too much suffering in the world to suffer unnecessarily, when help is available.

Mutya ng Dabaw 1997 Jambie Austria-Del Rosario has spent the past 15 years in various facets of psychology, holding posts in human res ourc es m an ag e m e nt , community relations, training and counselling.

For questions or comments please feel free to get in touch with her at 0917-7001996 or email her at jambie. delrosario@psychsiren.com

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Banking&Finance

Home, car loans push up banks consumer lending by 3.36%: BSP A STEADY rise in home and car loans in the first quarter pushed consumer lending by banks in the first quarter to P932.8 billion, the Bangko Sentral ng Pilipinas reported Tuesday.

The total lending was 3.36 percent higher than the P902.5 billion from a quarter earlier, and the increase sustained the quarter-onquarter growth posted since 2008, BSP said in a news release.

Besides the residential real estate loans (RREALs) and auto loans (ALs), other factors boosting consumer lending are credit card receivables, salary loans and other consumer loan types.

While consumer lending expanded, the universal, commercial (U/KBs) and

thrift banks (TBs) kept at manageable levels their nonperforming consumer loans, or at 4.9 percent - barely unchanged from 4.8 percent in the previous quarter.

According to BSP, the banks have also set aside provisions for 62.2 percent of their non-performing consumer loans as buffer for potential credit losses.

The banks’ consumer credit exposure of 16.7 percent of their total loan p o r t f o l i o, m e a nw h i l e , remained lower than those of their “ASEAN 5” peers, said the BSP. As of endMarch, consumer lending exposure in Malaysia was at 53.8 percent, followed by: Indonesia, 28.6 percent; Thailand, 27.7 percent and Singapore, 25.8 percent.

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Bank lending sustains growth at start of third quarter

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ANK lending kept growing by double digits at the start of the second half of the year.

In a report, the Bangko Sentral ng Pilipinas (BSP) said loans issued by the countr y’s largest banks, excluding reverse re pu rc h a s e p l a c e m e nt s (RRPs), g re w by 13.5 percent year-on-year l a s t J u l y, d o w n f r o m 14.5 percent the month before. Including RRPs, bank lending grew by 13.4 percent from 14.2 percent over the same period.

L o ans t a ke n out for production activities, which comprise at least

80 percent of commercial bank loans, grew by 13.4 percent last July from 14.5 percent in June.

Fueling the growth were the following sectors: real estate, utilities, trade, f inance and manufacturing.

Loans that households take out for consumption, meanwhile, grew by 13.7 percent last July from 14.9 percent in June.

Continued demand for bank credit was responsible for the growth in the countr y’s money supply.

In a separate report, t h e B SP s a i d d om e s t i c liquidity (M3) expanded by 8.5 percent year-on-

ye ar to P7.7 tr illion in July, slower than the 9.3 percent growth in June.

The BSP said the continued expansion of liquidity means that money supply is sufficient to support economic

growth. The government yesterday reported that t h e P h i l i p p i n e s’ g r o s s domestic product (GDP) grew by 5.6 percent in the second quarter, bringing the year-to-date figure to 5.3 percent.

Atlas Mining back in black in second quarter Philam Life renews partnership with Globe Telecom Business MANILA - Atlas Consolidated Mining and Development Corp. booked a secondquarter profit of P26 million, containing its net loss to P611 million in the first half of 2015 amid lower metal prices and volume.

It told the Philippine Stock Exchange its revenues grew six percent to P2.8 billion on the back of encouraging production volumes in the

second quarter and favorable realized metal prices, as well as robust equity earnings from Berong Nickel at P182 million.

The company recorded a net loss of P637 million in the first quarter as lower metal prices and volume were realized.

“Production volumes improved in the second quarter as a result of ongoing work to improve key operations

and complete maintenance activities,” said Atlas Mining.

Copper metal in concentrates rose by 1.6 million pounds to 24 million pounds, boosted by higher head grade, higher milling tonnage and better copper recovery.

Atlas Mining president Adrian Ramos said they are making significant progress towards addressing all of

the issues that hampered production during the first half of 2015.

“We will continue to address those issues in order to maximize production and be competitive in the current difficult environment, and we are optimistic that we will be able to make up for the shortfall in production in the second half of the year,” he said.

PHILAM Life, the country’s pre m i e r l i fe i nsu r anc e company, recently renewed its partnership with Globe Business—the information and communication technology (ICT) arm of Globe Telecom.

With the partnership,

Philam Life gets access to a number of ICT solutions offered by Globe Business, including Data Services, which enables data access on demand to users regardless of their geographic location; Data Center Colocation, partnership/PAGE 11

VIVA SR. SAN AGUSTIN! August 28, 2015

Happy Fiesta Valencianos!

Greetings from:

Mayor Azucena P. Huervas Valencia City Mayor

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Environment

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96 flood control projects completed

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ANILA -- The Department of Public Works and Highways (DPWH) has completed 96 structural and nonstructural flood-mitigating projects for National Capital Region (NCR), Regions 3 and 4A, amounting to P4.9 billion.

DPWH Secretary Rogelio L. Singson said that the completed projects are part of the P5-billion Priority High-Impact Flood Control Projects for Metro Manila and its neighboring regions in the Flood Management Master Plan.

Among the 96 completed projects are the 46 contracts for ValenzuelaObando-Meycauayan (VOM) Project which is composed of construction and improvement of flood control and river walls, desilting, and installation of pumping stations. It also includes the 16 projects completed for Kalookan-

Ma l a b on - Nav it a s A re a Project Phase 1 composed of the rehabilitation of Catmon Creek, riverwall along Malabon-Tullahan River and construction of pumpings stations and flood gates.

Two contracts involving t h e s t re ng t h e n i ng an d restoration of seawall of Roxas Boulevard were also completed under Manila Bay Seawall Project while six concrete slope protection, parapet and gravity wall proj e c t s a l ong Nang k a River were finished under the Department’s Upper Marikina River Improvement Project.

Construction of 11 new slope protection, spillway, and river control structures were likewise completed under East Side of Manggahan Floodway Project, Mitigation Measures for Breaches in the San Fe r n a n d o - S t o. To m a s Minalin Tail Dike, and DPWH-Laguna Lakeshore Development Authority Flood Control and River

Protection Project.

In addition, four rehabilitation and restoration projects were finished for San FernandoSto. Tomas-Minalin Tail Dike and Del CarmenBalimbing creek in San Fernando, Pampanga.

Several dredging activities that are part of the flood control plan were also completed covering

the Marikina River and Manggahan Floodway in NCR, the Labangan Channel, Hagonoy Bulacan and Orani Channel, in Region 3.

Und e r t he F l o o d Management Master Plan composed of 11 multi-year projects with estimated cost of P351 billion for longterm structural mitigation measures, nine are on-going which includes San Juan

River improvement and the Pasig Marikina River Improvement Project Phase III. Two other major ongoing projects include the 3.3 kilometer Blumentritt B ox Culvert which is expected to be completed on the first quarter of 2016 and the Maysilo Box Culvert which is expected to be completed on the second quarter of 2016. (DPWH)

3ID acquires disaster rescue equipment

By Alex A. Lumaque

ROXAS CITY – Equipment for Disaster Rescue Operations (DRO) was acquired by the 3rdInfantry Division (3ID) of the Philippine Army in order to boost its capability on Humanitarian Assistance and Disaster Response (HADR)

operations.

The newly acquired tools worth P733,900.00 are two rescue boats, Kemmantle rope, four single pulley, 20 rescue vests, circular saw and other gears for Urban as well as Water Search and

Rescue.

3ID commander Maj. Gen. Rey Leonardo Guerrero led the inspection and subsequent blessing of the newly-acquired DRO equipment at the MultiPurpose Building of Camp Gen. Macario Perlata in Jamindan town.

He said that the 3ID troops will be more prepared and responsive in saving lives of the people in times of calamity with the acquisition of DRO equipment which is in line with agenda of the Command of extending greater service to the people of the region in time of natural disasters.

Gu e r r e r o, w h o w a s

among the recipients of individual award during the recent Pasalamat 2015, has reaffirmed the 3ID’s commitment to help the Capiz provincial government in its collective effort in promoting awareness, preparedness and public involvement in the reduction of risks and management of disasters.

The Division also regularly conducts rescue trainings such as Water Search and Rescue (WASAR), Disaster Relief and Rescue Operations (DRRO) and First Responders in line with its goal to further enhance the skill of the men of 3ID. (JCM/AAL/PIA6 Capiz-3ID)

1,043 houses built in ongoing Red Cross’ ops in Capiz

HONORARY MEMBER OF THE FRATERNAL ORDER OF THE EAGLES – VICE GOVERNOR JOEY G. PELAEZ accepts the distinction given by BULUA RED CLAY EAGLES CLUB of the Fraternal Order of Eagles as an Honorary Member of the Bulua Red Clay Eagles Club. It will be recalled that Vice Governor Pelaez participated during the Eagles Club’s 13th National Congress, 8th NMR – I Convention and 1st Council of Presidents Assembly last November 2014. The distinction was presented by NMR Eagles Officer KARL C. UGSOD, Eagles Chapter President NOEL M. LLAMIS, 2014 Eagles Club President ALADIN B. IBARRA, and Eagles NMR – 1 Governor MAXIMO C. ALLORIN, among others. photo supplied

ROX AS CIT Y, C apiz – The ongoing typhoon Haiyan Operation of the Philippine Red Cross in the province has already built and completed 1,043 core shelter units as of the Aug. 21 update report.

Also, 97 houses are up for completion in view of the operation’s overall target of 2,458 housing units for identified supertyphoon Yolanda victims.

Each of the core shelter unit costs P105,000.00.

The PRC’s core shelter assistance is implemented in the identified barangays

of Panay, Panit-an, Ivisan, Dao, Dumalag, Dumarao and Tapaz towns.

A ceremonial turnover of the initial 32 housing units built was conducted by PRC to identified beneficiaries in Barangay Capagao in Pan it - an tow n i n t i me with the first anniversary of supertyphoon Yolanda last Nov. 8, 2014.

The infographic reports also highlight the Shelter Repair Assistance of P15,000 for each of the 4,658 identified households province-wide. (JSC/AALPIA6 Capiz)

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“Primavera Residences near to completion” announced at International Leadership Conference in CdO

C

agayan de Oro, Misamis Oriental— Last August 15, 2015, a crowd of 500 gathered for the International Leadership Conference organized

by Capitol University for their Executive Management Class of the Graduate School SY 20152016.

With the honorary

presence of Filipino, American, Turkish, German and Italian lecturers and personalities, among which the Governor Vicente “Bambi” Emano who, during his speech, underlined his commitment to contintue to help Misamis Oriental grow in terms of Tourism and in terms of overall support to businesses with

needed infrastructure.

Mr. Lorens Ziller, IDC Director for Corporate Affairs, spoke on behalf of Italpinas Development Corporation (IDC), the developer of Primavera Residences in Uptown CdO and announced that the second building of Primavera Residences is near to completion underlining the strong

commitment of the company to deliver results for its many investors.

Ziller, also Vice President of the Italian Chamber of Commerce in the Philippines held a speech about the “Challenges and Opportunities in International Trade and Business” in which he underlined the new opportunities for business and partnerships that the Philippines has with ASEAN with a brief on what we should learn from the European Union Integration process on how it happened and who benefited the most in the aftermath.

He also spoke about the new GSP+ “tariffzero” admission of the Philippines with the EU for a large variety of goods manufactured and produced in the country and how this benefits and cascades into different industries from logistics and banking to real estate.

In the end he spoke about the importance of

international networking and the participation in associations or entities like the ICCPI (the Italian Chamber of Commerce in the Philippines) which promotes partnerships and cooperation between Filipino and Italian companies for import/ export opportunities and cross-country investment.

The Italian Chamber, after the very successful “Aperitivo Italiano” networking events, is seeking new tie-ups with local chambers and plans to hold a series of similar events also in Mindanao and Visayas. On behalf of IDC he said that the exciting designer building should possibly be handed over within the next 60 days.

This proves the value behind this young development corporation who, apart from keeping up to the promise of his investors is also apparently preparing for public listing within the next few months increasing the returns for its own investors even

further.

Explaining the success of this Filipino-Italian company citing Napoleon Hill he finished with: “The only limits are those created by our mind” meaning that, where there is a will to succeed even in difficult circumstances there is a way if we don’t allow our imagination to see our success, which gained him a large applause by the present crowd.

The conference underlined the commitment from several private and institutional parties that a successful and growing Misamis Oriental with and International mindset will benefit all classes of society and bring new jobs and opportunities into an already thriving business environment.

Where education, business and institutions are cooperating harmoniously there is definitely a strategic advantage for all concerned parties and ultimately for the people and our next generations. (Lorens Ziller, Corporate Affairs Director)

Araneta Group Streamlines Franchise Operations with SAP Business All-in-One Taguig, Philippines –SAP AE (NYSE: SAP) has announced that Araneta Group, a pioneer in entertainment and leisure development in the Philippines, has implemented SAP Business All-in-One to streamline operations, logistics, and financial systems of its food group Philippine Pizza Inc. This implementation was spearheaded by Fujitsu Philippines, SAP’s channel partner and Questronix, an SAP reseller.

According to Kenneth Mondero, SAP project leader and SVP for Finance at the Araneta Group, Philippine Pizza Inc. had individual legacy

systems for each of its food franchises namely, Pizza Hut, Taco Bell and Dairy Queen.

“SAP Business All-in-One gives us the upper hand now.

We are able to access reports and time-sensitive information across finance, logistics, and operations departments.

There is definitely a quicker turnaround in decisionmaking.”

Mondero also noted that this implementation enabled larger savings. “SAP Business All-in-One has allowed us to take a consolidated view of our expenses and optimize decision-making.

Higher accuracy is another

important advantage of this implementation.”

Today, SAP Business All-inOne is an important part of the Group’s technology investments across its various businesses.

This includes the Philippine Pizza, Inc., to leisure innovator Araneta Center Inc. that houses Gateway Mall, Farmers Plaza and Ali Mall, as well as Uniprom Inc. which handles Smart Araneta Coliseum, Ticketnet, Gateway, and Ali Mall Cineplex. Araneta’s relationship with SAP has grown in strength due to the direct and indirect benefits the Group has realized over the last few months.

Speaking on the implementation, SAP Philippines Managing Director Ryan Poggi said, “As one of the most important and diversified Philippine conglomerates, the Araneta Group needed a simplified solution for accurate reporting, reduced financial inconsistencies, and better delivery efficiencies. We are glad to have delivered this yet again, this time for Philippine Pizza Inc. Our relationship with the Araneta Group is a significant example of our efforts in delivering strategic advantage through a strong combination of customer vision, subject matter expertise,

and superior technology.”

Mondero concluded, “Before SAP Business All-in-One, we had different legacy systems for each of our businesses. Every day, our accounting teams extracted and encoded data for their respective businesses. The work was tedious and hard to manage. With SAP Business All-in-One, we now make strategic business decisions faster. With SAP streamlining processes across business functions and companies, we can now focus our time and efforts on creating winning food and leisure experiences for our customers across the Philippines.”

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Cantilan Bank lauded as one of PH’s top 3 outstanding CFIs Cantilan Bank, Inc. (CBI) landed third place at the recent Gawad CFI Awards of Land Bank of the Philippines for the most outstanding Countryside Financial Institution (CFI) in the National level for Rural Bank Category.

CBI has won awards from Landbank for five consecutive years for its outstanding performance in providing credit to the countryside. Last year, CBI also bagged third place in the same category with added recognition as the country’s best CFI intermediary with the lowest pass-on rate.

Land Bank of the Philippines is now on its 17th year of honoring outstanding CFIs which serve as models in bringing financial assistance to small borrowers particularly in the countryside.

Cantilan Bank Chairman Lt. Gen. William K. Hotchkiss III

(Ret.) received the award together with two CBI branch managers during the Gawad CFI Awarding Ceremonies on August 14, 2015 at the Centennial Hall, Manila Hotel. It was attended by the Rural Bankers Association of the Philippines, Chamber of Thrift Banks, key officers and leaders of Small and Medium Enterprises and representatives from other government agencies.

Recently, Cantilan Bank renewed its partnership with Landbank in its aim to provide the financial needs of the rural communities. With P500 million worth of Banking and Credit facilities this year, CBI can extensively offer reasonable loan interest rates for the benefit of its microfinance clients such as fisherfolk, small farmers, and small businessmen who are all taking part to expand the rural economy of the country.

Present in the photo are (from left): Landbank Directors Victor Gerardo Bulatao, Tomas de Leon Jr., Crispino Aguelo; Landbank President & CEO Gilda Pico; Cantilan Bank Chairman Lt. Gen. William K. Hotchkiss III (Ret.); Cantilan Bank Branch Managers Rolmar Basalan and Clarissa Geli; Landbank SVP for Mindanao Lending Group Joselito Gutierrez and Agusan del Norte Lending Center Head Jimmy Arco. photo supplied

Cantilan Bank President Brig. Gen. Charles Y. Hotchkiss (Ret.) (sitting, second from left) signs the partnership agreement between CBI and Landbank, together with (sitting from left) CBI General Manager Raul Bernabe B. Urbiztondo; Landbank Agusan del Norte Lending Center Head Jimmy Arco; and, CBI Branch Banking Operations Head Marie Stella B. Kindica. photo supplied

Founded in 1980, Cantilan Bank, Inc. (CBI) is one of the leading community banks in the country with Corporate Headquarters in Cantilan, Surigao del Sur. Currently, CBI has P2.1 billion pesos in total assets and provides financial services through its collective network of 40 branches and offices, and 24 ATMs that are strategically located across Caraga, Compostela Valley, Davao Provinces, and Southern Leyte.

Cantilan Bank was awarded by Landbank of the Philippines as one of the Top 3 Outstanding Countryside Financial Institutions in the country and as the

best CFI intermediary with the lowest pass-on rate. In 2013 and 2014, CBI was cited by the BIR as one of the top 3 corporate taxpayers in Surigao del Sur. Its microsavings product for students was also recognized as the best in the country by the Rafael B. Buenaventura Foundation.

CBI is regulated by the Bangko Sentral ng Pilipinas and Securities and Exchange Commission. It is a proud member of Rural Bankers Association of the Philippines, Philippine Deposit Insurance Corporation, and BancNet powered

by Nationlink. For more information on your friendly community bank, visit www. cantilanbank.com.

The laudable program management information system of DepEd

By TERESITO A. MAGTABOG School Principal II Kalilangan Central School

A program management information system is the coherent organization of information required for a group to execute p r o j e c t s s u c c e s s f u l l y.

These electronic systems help plan, execute and close project management goals.

In the Department of Education (DepEd), the PMIS is Internet-based. It

aims to facilitate the data collection, storage, analysis and reporting to track and monitor the physical and financial performance of the different programs, projects and activities of the department.

The PMIS of DepEd primarily aims to track the various programs at dif ferent le vels of t he department and provides

reports thereof. The system is also expected to provide real-time data and information on the process of implementation and achievements of programs and proj e c ts in aid of policies and decisions on management necessar y to improve the delivery of quality outputs and support basic education outcomes.

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Arts&Culture

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XCCA to hold Panday Kultura 2

X

avier University – Ateneo de Cagayan, the Xavier Center for Culture and the Arts (XCCA) and the National Commission for Culture and the Arts (NCCA) through its speakers’ bureau will hold PANDAY KULTURA 2 – a symposium on Culturally Sensitive Governance, September 9, 8:00 am to 11:30 am at the Xavier University Little Theatre.

This symposium promotes Filipino cultural understanding that is an integral pillar of sustainable development.

Members of the Local Government Units, may they be from the Barangay to the Provincial levels, are given inputs on the use of culture and heritage protection, promotion and preservation in governance.

The Xavier Stage (TXS), a resident repertory theater company of Xavier University, presents ADVOCACY THEATRE on Peace, Good Governance and Positive Discipline - TXS’ 5th Season Productions for the school year 2015-2016. In the Advocacy Theatre are GAMUTIN ANG BAYAN – a twinbill of Layeta Bucoy’s Doc Resureccion Gagamutin ang Bayan and Romeo Narvaez’ Dula Ta; Istoryahe Lang Ko as adapted from Liza Magtoto’s Rated PG and Rody Vera’s Pinatay si Mayor. All these productions are of high social relevance as we aim to influence and inspire society and to sustain cultural regeneration and development.

GAMUTIN ANG BAYAN is about biases and interests that are shaped and motivated by poverty, identity politics, corruption, power and unjust vexations. It is slated on September 21-26, 2015 at the XU Little Theater.

ISTORYAHI LANG KO is a musical on Children’s Rights and it also tackles right to protection and positive discipline which are encouraged in all settings: homes, schools and communities. Istoryahe Lang Ko is a PETA ARTS ZONE Project, and it is slated on December 16 – 18, 2015 at the XU Little Theater.

Rody Vera’s PINATAY si MAYOR depicts relevant political issues such as corruption, safe and clean elections. In bayan Talon Pikit, claiming what has been promised during the election campaigns and getting the right value of the votes serve as the epiphany from the travesty of our Philippine electoral system.

ADVOCACY THEATRE SEASON PREVIEW is on September 2, 2015 at 7:00 pm at the XU Little Theater. Admission is Free! This season preview showcases excerpts of the productions prepared for this season plus performances from our guest artists: Xavier Philharmonia, Kwerdas ni Kiko, Mr Danny Gualberto, Next Moves of Liceo de Cagayan University, Ms Pauline Empeynado and Ms Mauriel Lomadilla.

Should you wish to reserve for seats, please contact Ken Francisco 09159349199 or call Oya through 858-3116 local 2059.

Hobart Savior, XCCA Director says “Panday Kultura 2 is a symposium that aims at building culturally sensitive communities through XCCA's Cultural Education Program. Panday Kultura's topic scopes are on Culture and Governance, Culture and Diplomacy and Leadership and Culture as a Pillar for Sustainable Development.”

This symposium also aims at building responsible and culturally sensitive communities; this year’s speaker is Mr. Jaime ‘Bong’ Antonio of the United Nations Development Program.

Panday Kultura 2 is part of Art Infinity, XCCA's 8th Cultural Season anchored on its theme toward a culturally sensitive community.

Admission is Free

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BBL... from page 1

deletions thereto shall be met with a resounding NO in the plebiscite for it is truly unacceptable,” said the manifesto signed by sectoral representatives.

Thousands of Meranaos gather at Plaza Cabili in Banggolo, Marawi City to make their “last stand” on what is the “acceptable BBL” for them. Photo courtesy of Najib Zacaria / Bangsamoro News Thousands of Meranaos gather at Plaza Cabili in Banggolo, Marawi City to make their “last stand” on what is the “acceptable BBL” for them.

Since Monday was also National Heroes Day, the crowd paid tribute to heroes felled under the martial law regime of what they referred to as a “non-hero,” the late President Ferdinand Marcos under whose administration at least 120,000 lives were lost in Mindanao under martial rule.

They stamped with red paint a huge tarpaulin showing the faces of Marcos and his son, Senator Ferdinand Marcos, Jr.. chair of the Senate Committee on Local Government and principal author of SB 2894, the Senate’s substitute bill to the BBL. “Jabidah Massacre to BBL Massacre,” read the message below their faces.

On a makeshift stage, Sultan of Marawi Hamidullah Atar said, “we are praying and humbly appealing to the members of (Congress) to support the approval of the original (BBL).”

“We are praying to enlighten the hearts of our legislators to grant us the genuine autonomy … We are praying that peace, harmony and reconciliation will prevail for the decision of our legislators and not hatred and prejudice as we experienced in the past decades and centuries,” he said.

Fr. Teresito “Chito” Soganub of the Prelature of Marawi echoed the stand of the Catholic Bishops Conference of the Philippines to support the passage of a BBL that is” rooted in social justice and promotes social justice,” a BBL that “concretely achieves the self-determination of the Bangsamoro in an identified area that remains part and parcel of the territorial integrity and under the national sovereignty of the Philippine Republic.”

Soganub has been participating in several conferences and education campaigns on the BBL in the Lanao area Drieza Lininding of the Alliance of Lake Lanao Movement and Bangsamoro National Movement said the Moros have patiently awaited the results of the 17-year peace negotiations only to be ignored by legislators who are either absentee or not interested in listening to the debates.

Poonabayabao Mayor Lampa Pandi, president of the Mayors League, asserted the need to push the original version of the BBL .

Pandi appeared before Senator Marcos’ Committee on Local Government a few months ago with some 100 mayors of ARMM, in support of the BBL. Former Lanao del Sur Rep. Benasing Macarambon asked, “why treat the Bangsamoro lesser than a barangay or a municipality which has even more powers under the Local Government Code?”

Macarambon said the substitute bills in Congress – HB 5811 in the House and SB 2894 in the Senate – diminished

the powers granted under the BTC-drafted BBL. The crowd also opposed the creation of the Mindanao Power Corporation, alleging this was contrary to the power of the Bangsamoro government over Lake Lanao. (Samira Ali Gutoc / MindaNews)

Halal... from page 1

Laboratory complex in nearby Koronadal City by next year.

Dr. Zenaida Hadji Raof Laidan, DOST-12 regional director, said the laboratory will be used to train food manufacturers and build a pool of halal certifiers in the country.

She said it will enable the country to immediately start certifying food manufacturers, especially those that want to tap the growing global halal market.

Halal is Arabic for “permissible” but is also largely referring to food that is allowed for consumption among Muslims.

Presently, the global halal market comprises 112 countries with an estimated population of 1.8 billion.

The Regional Development Council of Region 12 (RDC-12) had endorsed the halal laboratory as one of the region’s priority infrastructure and socio-economic projects.

It was listed as among the top “Kilos Abante” programs and projects under the Competitive Industry and Services Sector of the updated Region 12 or Soccsksargen Regional Development Plan for 2014 to 2016.

The RDC’s regional project monitoring committee visited it recently and witnessed the masonry and finishing works as well as the installation of travertine stone and its steel frames.

The installation of travertine stone is part of the approved program of work under the project’s Phase VII. Budget shortfall for completion Sammy Malawan, DOST Region 12 assistant director, said the development of the laboratory building has already been completed and his office is currently working on the requirements for its operationalization.

He said his office has proposed for an additional funding of around P45 million for 2016 to facilitate the completion of the project’s remaining components.

For this year, he said, the project only received a budget of P4.5 million out of the proposed P14.36 million.

“We’re expecting it to be fully completed next year, provided all the required funds will be released on time,” Malawan said.

The four-story halal laboratory building is part of the planned P255.5-million Philippine National Halal Laboratory and Halal Science Center, which is being developed by the DOST in a onehectare lot in Barangay Paraiso in Koronadal City.

The DOST-12 started the phased development of the laboratory in 2009 through private firm Marble Construction at a projected cost of P75 million.

But Malawan said inflation over the years rendered the original cost estimate inadequate, resulting in a bigger funding requirement.

A report from the Regional Development Council of Region 12 showed that the project received an initial funding of P15 million in 2008, followed by an additional

P10 million in 2009, P10 million in 2010, P2.5 million in 2011, P13 million in 2012, and P10 million in 2013 – a total of P61.5 million over six years.

The council endorsed a budget of P37.5 million for its development works in 2014.

Malawan said the development of the project was set in seven phases, with the first five involving the structural component.

He said Phases I to V have been fully completed while Phase VI or the architectural component is almost complete.

“Phase VII or other related activities is presently ongoing,” he said. (PNA)

Scam...

from page 1 Philippines is now using the name Global Intergold which is not a registered corporation or partnership. Likewise, Global Intergold is not authorized to offer for sale, sell and solicit investments from the public since none of its selling agents, as of now, have secured a license to act as certified investment solicitor, investment adviser, broker or dealer in securities, or salesperson or dealer in securities.

The SEC said the public is advised to exercise self-restraint from investing their money into such high yield – high risk investment scheme and to take the necessary precautions in dealing with the above-named entity.

It further warned the public that those who participate, including those who offer investment either personal or thru social media (i.e.

Facebook, instagram, etc.) in the investment taking of Global Intergold are at risk of being prosecuted for criminal violation of the Securities Regulation Code.

Considering the recent

proliferation of illegal investment solicitation form individuals and entities, the public are warned to take extra caution in making investment decisions that will involve considerable sum of money, the SEC advisory reads.

It said the public must be forewarned that when the offer is so attractive, that at times the yield is very high compared to the prevailing rate of return of viable business ventures.

DTI...

from page 2 Philippines, the words “No Return, No Exchange,” or words to such effect shall not be written into the contract of sale, receipt of sales transaction, in any documents as evidence of sale, or anywhere in the store or business establishment.

Diaz said the official receipt is the best proof of purchase.

However, he said, consumers may still demand replacement or refund if they can prove that a defective item was bought from a certain store.

Hence, for some concerns and suggestions, Diaz said, consumers are advised to visit the nearest DTI Office.

Atlas... from page 3

towards addressing all of the issues that hampered production during the first half of 2015.

“We will continue to address those issues in order to maximize production and be competitive in the current difficult environment, and we are optimistic that we will be able to make up for the shortfall in production in the second half of the year,” he said.

Hurst... from page 4

on me. We no longer exist for you.” At that moment, this brilliant heart surgeon knew that even he could not heal the broken hearts of his own family whom he failed.

Many of us have failed as a spouse or parent; but Jesus Christ will forgive you if you ask Him. Then ask Him to help you start changing and doing a better job of raising your children to become the happy, successful people they were born to be.

Just Think a Minute…

Partnership... from page 5

which provides managed space for lease for servers and ITequipment that run mission-critical

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systems; and Mobility solutions that power Philam Life agents’ mobile applications.

“Globe Business and Philam Life has a longstanding relationship that stems from a common goal of providing excellent service to our customers.

With this partnership, we provide tailor-fit solutions to boost Philam’s operational effectiveness and efficiency,” shared Globe Senior Vice President for Enterprise Group Nikko Acosta.

Philam Life CEO J. Axel Bromley affirmed the partnership saying, “We are happy to have found a reliable service provider in Globe Business to support us in fulfilling our commitment to offer the right plans and the right solutions to our customers and provide service in the most efficient way.”

Classroom management personalized

By TERESITO A. MAGTABOG School Principal II Kalilangan Central School

CLASSROOM management is beyond making lesson plans. It is beyond interacting with each student in the room individually.

It is the holistic actions that you do in managing your class as the room adviser. It can be as trivial as establishing procedures on when should a student speaks. Many teachers establish these rules at the beginning of the school year. In short, classroom management is the process of ensuring that classroom lessons run smoothly, implying

the prevention of disruptive behavior.

Classroom management is closely linked to issues of motivation, discipline and respect. Students will inherit positive consequences when rules are followed. One example is making the students see how their effort pays off in the classroom. By creating this kind of environment, students will be motivated to do well. Ideally this transforms a classroom into a community of well-behaved and self-directed students.

EXTRAJUDICIAL SETTLEMENT AMONG HEIRS WITH SPECIAL POWER OF ATTORNEY

Republic of the Philippines REGIONLA TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Cagayan de Oro City OFFICE OF THE CLERK OF COURT AND EX-OFFICIO SHERIFF

Notice is hereby given that the intestate estate of the late OSCAR S. SONTELLINOSA, who died in July 31, 2015 , at Cagayan de Oro City, without any will and leaving a Savings Account No. 001423-005129 in the sum of P 91,415.84 at the Bank of the Philippine Islands (BPI), Lapasan Branch, Cagayn de Oro City; He died intestate without leaving any known debt which has remain unpaid or unsettled up to the present , and all the obligations incurred during his deaths were all paid and / or settled; He left the above-mentioned regular savings deposit and said bank abovementioned; This EXTRAJUDICIAL SETTLEMENT made and entered into by and among; ERLINDA G. SONTELLINOSA, , of legal age, widow, residing at B-3, Lot 15, P-2B Villa Trinitas Subd., Bugo, Cagayan de Oro City; EL CARL SONTELLINOSA, 23 years old , single, residing at B-3, Lot 15, P-2B, Villa Trinitas Subd., Bugo, Cagayan de Oro City, CHAD CARL SONTELLINOSA, 20 years old , single, herein represented by his mother ERLINDA G. SONTELLINOSA, of legal age, widow, residing at B-3, Lot 15, P-2B Villa Trinitas Subd., Cagayan de Oro City; JAY CARL SONTELLINOSA, 18 years old, single, residing at B-3, Lot 15, P-2B, Villa Trinitas Subd., Bugo, Cagayan de Oro City. Is the subject of EXTRAJUDICIAL SETTLEMENT AMONG HEIRS WITH SPECIAL POWER OF ATTORNEY under the notary public of Atty. MACODI M. AGUS, As per Doc. No. 368; Page No.74; Book No. 406; Series of 2015.

Notice is hereby given that the intestate estate of the late OSCAR S. SONTELLINOSA, who died in July 31, 2015 , at Cagayan de Oro City, without any will and leaving a Dollar Time Deposit at Banco De Oro (BDO), SM Branch, Cagayan de Oro City with Account No. 308706257345 in the sum of $ 10,081.16; and Savings Account No. 000870293907 in the sum of P 780.70 and Savings Account No. 000870368923 in the sum of P 280.98; He died intestate without leaving any known debt which has remain unpaid or unsettled up to the present , and all the obligations incurred during his deaths were all paid and / or settled; He left the above-mentioned regular savings deposit and dollar time deposit at said bank abovementioned; This EXTRAJUDICIAL SETTLEMENT made and entered into by and among; ERLINDA G. SONTELLINOSA, , of legal age, widow, residing at B-3, Lot 15, P-2B Villa Trinitas Subd., Bugo, Cagayan de Oro City; EL CARL SONTELLINOSA, 23 years old , single, residing at B-3, Lot 15, P-2B, Villa Trinitas Subd., Bugo, Cagayan de Oro City, CHAD CARL SONTELLINOSA, 20 years old , single, herein represented by his mother ERLINDA G. SONTELLINOSA, of legal age, widow, residing at B-3, Lot 15, P-2B Villa Trinitas Subd., Cagayan de Oro City; JAY CARL SONTELLINOSA, 18 years old, single, residing at B-3, Lot 15, P-2B, Villa Trinitas Subd., Bugo, Cagayan de Oro City. Is the subject of EXTRAJUDICIAL SETTLEMENT AMONG HEIRS WITH SPECIAL POWER OF ATTORNEY under the notary public of Atty. MACODI M. AGUS, As per Doc. No. 369; Page No.74; Book No. 406; Series of 2015.

BWM: August 19, 26 & Sept.

2, 2015

BWM: August 19, 26 & Sept.

2, 2015

EXTRAJUDICIAL SETTLEMENT AMONG HEIRS WITH SPECIAL POWER OF ATTORNEY

NOTICE OF EXTRA-JUDICIAL SALE EJF - 2015 - 118 “Upon extrajudicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG) against MAFEL P. GATCHALIAN married to NOEL BENEDICT G. GATCHALIAN, of Bird Street, Morning Mist Village, Pueblo, Cagayan de Oro City to satisfy the mortgage indebtedness which as of April 28, 2015 amounts to ONE MILLION SIX HUNDRED TWENTY EIGHT THOUSAND THREE HUNDRED EIGHTY SIX PESOS AND 50/100 (P 1,628,386.50), including interests and penalty charges, but excluding expenses of foreclosure , the undersigned will sell at public auction on September 23, 2015 at 10:00 A.M. to 4:00 P.M. AT THE REGIONAL TRIAL COURT , OFFICE OF THE CLERK OF COURT, TOURISM HALL, City Hall, Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency, the following property described below including all existing improvements found thereon, to wit: TCT NO. T – 144829 A PARCEL OF LAND (Lot 13, Block 19, of the Subd.

Plan, Psd-10-030370, being a portion of Lot 2297-B, Psd10-021404) Situated in the Barangay Carmen, City of Cagayan de Oro, Island of Mindanao and containing an area of One Hundred Eighty (180 sq.m.) Square Meters more or less and registered in the name of Mafel P. Gatchalian married to Noel Benedict G. Gatchalian.

All sealed bids must be submitted to the undersigned on the above stated time and date.

In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication.

Prospective buyers may investigate for themselves the title herein-above described and encumbrances thereon, if any there be.

Cagayan de Oro City, April 16, 2015.

(Sgd) AL PONCIANO R. DATU

Sheriff IV BWM: Aug. 26, Sept. 2 & 9, 2015

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0915-563-6246

Cagayan de Oro’s Higalaay Pyro Festival:

Painting the Sky with Colorful Lights

by Clement Dampal II (www.bestspotsph.com)

T

he annual Pyro Festival celebration presented by SM City Cagayan de Oro in partnership with the City of Cagayan de Oro and supported by the Department of Tourism Region 10 once again painted the sky with colorful canvas of dancing lights last August 28, 2015 (Friday- The official scheduled festival of the city) at Pueblo de Oro Grounds.

On a recent post coming from the said mall, more than 200,000 people gathered the fireworks display, witnessing the literal explosive atmosphere of dancing lights blending it with chosen music and created an amusement of the cheering crowds.

A total of 7 contenders of different groups joined the Pyro Festival competition showcasing and competing their best compositions of light display and music.

Moreover, the event started at 7pm as preprogram and officially blasted around 9pm complying with the airspace clearance given by the CAAP. The team from Cagayan de Oro (the 7th fireworks display contestant) bagged the First Place followed by the team from Manila (5th fireworks display contestant) and the

team from Iligan City (1st fireworks display contestant).

The Pyro Festival event has been a favorite of Kagay-anons and tourists and became part of the Festival's tradition.

On the other part of the City, last August 27, 2015 (Thursday), the Centrio Mall Ayala in partnership with the City of Cagayan de Oro joined the fireworks tradition promoting and celebrating the Higalaay Festival through pyro presentations held at Duaw Park, Carmen, Cagayan de Oro. The event presented by the said mall amazed everyone with a thrilling and visual representation and experience of the celebration of light.

Both malls presented a one of a kind experience to the whole spectators. It created an enormous impact of entertainment to the whole crowd of family, buddies, friends, and the likes, given us a feeling of thrill and excitement.

Both Pyro Festivals painted an aweinspiring creation of wonder to the entire community and generated a truly unique Festival celebrating the Feast of St Augustine of Hippo.

The number of the crowd joining the fireworks display with enormous excitement and high energy noise proves the event is a real success.

Photo Courtesy of Premier “Matoy” Elipe

Cagayan de Oro Water District in partnership with SM Bills Pay SM Bills Payment facility as The SM Store’s valuedadded service is now accepting CDO Water District transactions.

The partnership was sealed with a contract signing participated by the representatives of both companies; Raquel M. Beja - Gen. Manager ,Bienvenido V. Batar

Jr. - Asst. Gen. Manager, Marilou B. Ondap Finance Dept. Manager, Meriam C. Amper - Cash Division Manager, Richard P. Fanlo - SM Bills Pay Regional Manager, Judee C. Abragan - Customer Service Manager.

SM Bills Pay is available at the following locations: The SM Store Customer

Service, SM Business Services, SM Supermarket, Savemore Agora, Savemore Capistrano and Savemore Kauswagan.

Pay your utility bill now while you shop at SM. For inquiries, please call Customer Service Department thru 859-1188. #TheSMStoreCDO @thesmstore