BusinessWeek Mindanao (September 3-4, 2015) by Dante Sudaria

BusinessWeek MINDANAO

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YOUR Mindanao-wide BUSINESS paper

Volume VI, No. 030

www.businessweekmindanao.com

2014 ppi’S Best in ENVIRONMENTAL Reporting

Thu-Fri | September 3-4, 2015

XU, World Bank X Briefly ink advocacy for Mindanao

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DIPOLOG City -- Interior and Local Government Secretary Manuel Roxas II has urged the leaders of the business community to help the government develop Mindanao. Roxas made the call Thursday as the keynote speaker of the ongoing threeday 24th Mindanao Business Conference (MinBizCon). The three-day event kicked-off with a trade fair on Tuesday. MinBizCon is the platform for local executives, policymakers, investors, and foreign trade partners to interact and discuss Mindanao’s economic agenda.

By MIKE BAÑOS, Editor-at-Large

INDANAO’S oldest university seeks to leverage its newly forged links with the World Bank’s Knowledge Development Community to pursue its key advocacies especially for the environment in Mindanao. “We hope to host a forum with an expert from Costa Rica talking about Payment for Eco-Systems Services and how that can help our own PES program here, “said Fr. Roberto C. Yap,

S.J, Xavier University-Ateneo de Cagayan president during August 26 signing of the partnership agreement with the World Bank, which links the university as the 18th member to the Knowledge

for Development Community (KDC) in the Philippines and the first in Northern Mindanao. “We also hope to tap an expert in Mexico who can talk about their experience with conditional cash transfers, to help us with our own efforts along this line,” he added. “Through that interaction, using the power of technology, we will have a KDC not only based in Cagayan de Oro but internationally see full story/PAGE 6

A laborer piles moonfish (locally called Diana) inside the fishport in General Santos City. The city, which is known as the Tuna Capital of the Philippines, is now celebrating the week-long 17th Tuna Festival. mindanews photo by keith bacongco

Balay Mindanaw, Tagum Coop is this year’s Galing Pook’s 1st Citizenship awardees By CAROLYN O. ARGUILLAS, MindaNews

DAVAO City — Two of three organizations honored for the Galing Pook Foundation’s 1 s t C it i z e n s h ip Aw a rd on September 1 are from Mindanao: the Cagayan de

Oro-based Balay Mindanaw Foundation, Inc. (BMFI) and Tagum Cooperative of Tagum City, Davao del Norte. awardees/PAGE 11

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E conomy 2 DTI awards best products in NorMin 2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

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thu-fri|September 3-4, 2015

HE Department of Trade and Industry ( DT I ) re g i on 1 0 awarded best products in Northern Mindanao during the closing program of ‘Kahimunan’ Trade Fair held from 22 – 30 August 2015 at SM mall, Cagayan de Oro City. According to Irwin Jayson Jamaca of DTI region 10, this is to stir competitiveness and encourage the value of excellence among Micro Small

and Medium Enterprises (MSMEs). C at e g or i e s f or b e s t products included: Best Product Design for Housewares & Furnishings, Best Product Design for Fashion Accessories and Most Innovative Food Product. For Best Product Design for Housewares & Furnishings, the award went to Hombiz Crafts of Lanao del Norte with engineered bamboo; meanwhile,

Kibalang Abaca Native Crafts of Bukidnon took Best Product Design for fashion Accessories with jewelry boxes made from Abaca, (fiber from species of banana, native to the Philippines). Lastly, Most Innovative Product went to Linabu Agrarian Multi-Purpose Cooperative (LAMPCO) of Balingasag, Misamis Oriental for their Coco Sugar, (sugar from coconut sap) which has low glycemic index for those who are health conscious. Thes e winners to ok

home certificates and will be provided by DTI, 50% subsidy of Participation Fee/ Booth Rental for Kahimunan 2016 and Promotion through Press Releases. Criteria for selection best product designs include: 1) Design which composes Aesthetic and functional appeal, such as Design (balance, proportion, VISUAL IMPACT, ergonomics), Function (structure, durability, versatility) and Market Potential and 2) Quality and Workmanship

as a design element and Materials which comprise sustainability with local value added. Meanwhile criteria for Food Innovation product include Originality and ingenuity of the product, Cre at ive ut i lizat ion of available raw materials, Product quality: taste and appearance and Market Potential. Also, packaging innovation was considered such as Functionality of the packaging material used, c re at iv it y / i nge nu it y of

the design, placement of information and clarity of information. Further, plus factors i nclu d e d F DA L i c e ns e to Operate, Organic certification, Halal C e r t i f i c at i o n , HAC C P Certification, Export potential, health and wellness, and has 100% local ingredients. Judges were Francis Manaloto of Studio 8 CDO and Nicole Cabanlet of CDO Handmade Paper. (JMOR/ PIA10)

DepEd extends alternative delivery model of learning

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M A R AW I C it y - - T h e Department of Education of the Autonomous Region in Muslim Mindanao (DepEdARMM) is “considering the sustainability of the alternative delivery model (ADM) as an approach to help alleviate the poor academic performance in basic education of students

in the region.” Marjuni Maddi, DepEdARMM assistant secretary for academics, said the region is “considering the continuation of ADM in ARMM communities after the program ends in 2017.” He said consultations w it h st a ke h ol d e rs and reviewing the policies of

the DepEd central office would be conducted before ADM is extended beyond the program’s original duration. “We need to consider the readiness of ARMM and the DepEd central office’s policies to sustain ADM as a program,” Maddi said. The ADM is a component of the Basic Education

Ass ist anc e for Musl i m Mindanao that aims at supporting the ongoing efforts of the Philippine government to address longterm education issues in ARMM. Implemented by BRAC Philippines, the program established learning centers deped/PAGE 11

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CorporateWorld Vista Land hikes capital to P18B Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 Editor: Nelson Constantino

HAREHOLDERS o f Vi s t a L a n d & Lifescapes, Inc. approved the company’s plan to increase its authorized capital stock by P6 billion, paving the way for future equity fund raising activities. In a disclosure after the firm’s special shareholder meeting on Friday, the home

builder said it obtained approval to increase its authorized capital stock to P18 billion from P12 billion and for the “corresponding am e n d m e nt t o A r t i c l e Seven of the Articles of Incorporation.” Securing shareholder approval as early as now will allow the company to “take advantage of equity

fundraising opportunities that may arise,” Vista Land Investor Relations Head Brian R. Edang said in a phone interview on Friday. “Having secured that approv a l w i l l a l l ow us to p ar t icip ate in t hos e opportunities in an expeditious manner,” he added. However, Mr. Edang

noted that Vista Land “has no definite plans yet” to raise funds from equity issuance. “Over the last few years, our funding came from debt and it was used for commercial development. So it will be along those lines, (proceeds) will be for expansion and development,” he said.

MiCab welcomes new LTFRB rules for ride-sharing apps MiCab, the Cebu-based tech startup celebrated for its locally-developed and low cost taxi-hailing app for the riding public, welcomes the new guidelines on ride-sharing apps crafted by the Land Transport and Franchising Regulator y Board (LTFRB). “As more and more Filipinos use app-based services for commuting, the new LTFRB rules can help level the playing field in the industry and ultimately benefit commuters with better and safer app-based

car hire services,” said miCab founder Eddie Ybañez. For Ybañez, LTFRB’s setting of new regulations for online and mobile-based transport services goes a long way in providing more convenience and safety to public commuters. “The LTFRB’s new rules make the Philippines the first country to establish guidelines in this brave new world of internet and mobile app-based solutions to public transportation. This is indeed a landmark ruling,” he said. T h e LT F R B d e f i n e s

private vehicles for hire that use net or mobile apps for booking and dispatching as a “Premium Taxi.” Under its new rules, premium taxi operators must have at least 20 units in his or her fleet. These vehicles must be brand-new at the time of franchise application, follow the color set by the agency, and have a maximum age of only 7 years. The LTFRB guidelines further state that premium taxis must be equipped with a GPS vehicle tracking and navigation device and an on-

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board electric fare payment device that can process transactions via credit card or debit card. T he s ai d re g u l at i on moreover requires an operator to have a facility for booking and hailing via net or mobile apps as well as a workshop and depot with a space of at least 15 square meters per vehicle. Home-grown tech startup MiCab is well-known for the low booking fees of its mobile app cab hailing services with only P10 on top of the regular micab/PAGE 10

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thu-fri|September 3-4, 2015

Phoenix Petroleum gets Aa minus rating PHOENIX Pet roleum Philippines, Inc. has secured the second highest credit rating as an issuer from a local debt watcher, according to a statement on Sunday. Philippine Rating Services Corp. (PhilRatings) said it assigned an issuer credit rating of PRS Aa minus to Phoenix Petroleum “in relation to its renewal of its commercial papers worth P3.5 billion.” That grade is the second strongest in the debt watcher’s rating scale, PhilRatings said in the statement.

“A company rated PRS Aa has a strong capacity to meet its financial commitments relative to that of other Phi lippine cor p orates,” PhilRatings said. An issuer credit rating, according to t he s ame statement, measures a c o m p a n y ’s o v e r - a l l creditworthiness, relative to obligations maturing within one year. P h o e n i x Pe t r o l e u m was tagged as the biggest independent oil player in the country, cornering around phoenix/PAGE 10

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What the INC really wanted

IFE’S INSPIRATIONS: “... Jesus said, `If you hold to my teaching, you are really my disciples. Then you will know the truth, and the truth will set you free’…” (Jesus Christ, our God and Savior, in John 8:31-32, the Holy Bible). -ooo WHY DID INC P U B L I C LY P R O T E S T AGAINST DE LIMA? Pol it i c i ans w ho have expressed sympathy with the peaceful assemblies that the Iglesia Ni Cristo (INC) staged from Thursday to Monday are now being bashed by people who are clear sympathizers of the Aquino government and who, therefore, cannot be expected to be fair in their assessment of what the INC had done. I am not a member of the INC. I am a member of a religious g roup t h at e s p ou s e s a belief directly contrary to the doctrines of the INC insofar as the divinity of Jesus is concerned. But, I am a broadcaster in an INC radio station who, occasionally, picks up bits and pieces of information about what is happening. The information I got at the height of the assemblies compelled me to ask, in my mind: why did the INC dare

Member:

Oro Chamber

What’s Your Type? hink a minute…It’s been said there are two types of people in the world: Those who come into a room and say, ‘Here I am!,’ and those who come in and say, ‘Ah, there you are!’ Two very different approaches. One says, “Look at me! I want attention!” The other says, “Tell me about yourself.” One attitude says, “I’m the important one.” The other says, “You’re the important one.” You know, if you want to be the happiest you can be. If you want to live a rich, successful, satisfying life—then live to give and serve others. Dr. Albert Schweitzer said that how happy we are depends on how much we live for others. In fact, the one word that is the secret to success and the highest level of living is the word “others.” But if we’d rather have a small, empty, boring life, then we can think only about ourselves and what we need and want. The problem with this self-centered kind of living is that even though we get and keep everything for ourselves, we’re never completely satisfied or happy; so we don’t make others happy either. Even God Himself said that He did not come into the world to be served, but to serve others— even to the point of giving His own life for our wrongs, since

to publicly go against a top official of government, the ver y justice secretar y at that, who had the power to make life very hard for anyone with criminal cases that can send people to jail while undergoing trial? -ooo 101 YEAR-OLD INC DID NOT PROTEST BEFORE: I was made to understand that the peaceful assemblies of the INC from Thursday (August 27, 2015) to Monday (August 31, 2015), protesting against Justice Secretary Leila De Lima, was the very first public protest that the religious organization held in its 101 years of existence. Never in its 101-year history did the INC hold any other assemblies---nationwide in scope at that---similar to what it did in 2015. In fact, the organization is known all throughout for being ultra-conservative in expressing views about what the government is doing, shunning any public disclosure about what it thinks about goings-on in the country. Consequently, it behooves everyone to ask: why then did the normallyplacid INC suddenly find t he courage and, more importantly, the necessity, of publicly contesting De L i m a’s of f i c i a l a c t i ons

involving a case for serious illegal detention which an expelled INC member filed against INC leaders? -ooo WHAT INC REALLY WANTED: The undeniable fact is that the INC threw its supp or t b ehind t he candidac y of President Aquino in 2010, and therefore helped him to clinch the presidency. Surely, it would have been very easy for the INC to have simply worked behind the scenes, as it were, and in utmost secrecy, away from the prying eyes of anyone, to have, at the very least, asked Aquino to ensure a fair treatment by De Lima of the illegal detention case. But the INC chose to be publicly combative about this matter, involving millions of its members, in various key cities yet of the country. The message one gets from this is that, the INC evidently felt thoroughly grieved by De Lima, and it is not really difficult to discern that this grief must have been caused by a clear perception that De Lima was not simply doing her job in the case against the INC leaders, but was doing them in, as it were, in maneuvering against them. People can say the INC was unlawfully trying to exert

K akampi

Mo A ng Batas

Atty. Batas Mauricio pressure to compel De Lima to back down in the serious illegal detention case against its leaders. I guess they are entitled to say so, but, a more prudent appreciation of things will show that what the INC really wanted was that, the illicit maneuvers against its leaders be stopped right away. -ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way), a Bible study and prayer session on radio, airs Mondays to Fridays, 6 p.m. to 6:30 p.m., at DWAD 1098 kHz on the AM band. For replays, go to www.facebook.com/ angtangingdaan or www. facebook . com/ A NDK NK and scroll for “Ang Tanging Daan” broadcasts. Phone: 0922 833 43 96, 0918 574 0193, 0917 984 24 68. Email: batasmauricio@yahoo.com.

The one to die for

Philippine Press Institute

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THINK

A Minute

Jhan Tiafau Hurst He Himself had no wrongs to die for. Jesus Christ was constantly helping, healing, comforting, counseling, and forgiving others. He lived, died, and came back to life all for others. And even now, He is constantly praying for others, which includes you and me. Jesus Christ became a human being to show us how to be happy and live successfully by living for others. He explained that it’s only when we give and share our life with others that we ourselves can finally be happy and satisfied. So this Christmas, why don’t you ask Jesus to forgive you for all your wrongs and living for yourself. Then ask Him to help you start living His right, successful way: to serve, help, and give to others. You‘ll be the happiest one for it. Just Think a Minute…

f there is anything that should elicit the strongest passion in us, it should be the desire to be like God. This simply c o r r e s p o n d s t o G o d ’s g re atest commandment as articulated by Christ himself: “You shall love the Lord your God with your whole heart, and with your whole soul, and w it h a l l you r st re ng t h, and with all your mind.” (Lk 10,27) Let’s see to it that these words do not remain word s a l on e, n or m e re intention or theor y that wou l d hard ly have any effect on our feelings nor on the many aspects of our life. Let’s see to it that these words would set us aflame with love, with a certain madness which is how love usually expresses itself. This love for Godwhich is like saying, to be like God, since loving resembles the lover with t h e b e l ov e d - s h o u l d b e the be-all and end-all of our life. It’s not fame, nor wealth, nor some power. Much less should it be some person with great looks or tremendous talents, or some vain thoughts about ourselves. It s h o u l d b e G o d w h o draws our strongest desire, the only one to die for. Thus, it is important to ask ourselves from time, what truly is my greatest passion now? Is it simply

food, fame, money, work, power? Or it is possible that our immediate passion is some worldly thing, but do we know how to relate it to the ultimate passion that is proper to us? Do we know how to relate these earthly passions to God? Ever yday, we need to find reason to make this need to love God and to b e li ke him ver y much alive in us. That’s simply b e c au s e w e h a v e b e e n made in God image and l i k e n e s s . A n d w e h av e been given the freedom together with his grace so that we can choose to be like God. We have to understand that freedom is best exercised when used to choose to love God and therefore to be like God. We should not misuse our freedom by using in any which way, or by simply u s i n g it t o pu r s u e ou r whims and caprices. Only tragedy awaits us in these latter cases. L e t’s re me mb e r t hat our freedom is the best endowment God has given our nature. It is through it that together with God’s grace we can truly become like God as God wants it, nay, as God commands it. As St. Peter would put, let’s not make freedom “a cloak for malice.” (1 Pt 2,16) Freedom’s ultimate purpose is for us to become like God, since

we have been created in his image and likeness, something that we have to correspond ourselves t o, u s i n g o u r f r e e d o m precisely. We need to b e more familiar with this need, and little by little tr y to feel it and act on it. It does not come automatically. It has to b e e duce d, obviously slowly but also steadily. And for this, it requires a lot of formation, of continuing motivations, and the appropriate attitude, skills and virtues. Let’s hope that ever yone lends a hand in this task. We a l s o n e e d t o disabuse ourselves from the thinking-erroneous and b as el e ss , for su re that adopting this kind of attitude would make us strange and weird. Hardly anything could be farther than the truth. Passionately desiring to be like God completes and perfects our humanity, or rather leads us to the fullness of our humanity. It certainly is not an easy thing to do. There will be a lot of awkwardness in the beginning, some bumbling and inconsistent efforts in the process, but then if we persist, for sure, we can hack it. It’s hard but not impossible. Besides, we are assured of God’s grace. This is also something that we have to be more familiar with. This task and challenge

HINTS

and

Traces

Fr. Roy Cimagala certainly does not depend solely on our human efforts. It requires God’s g race w hich is ac tually given to us in abundance, but which we have to ask, even beg. We have to remember always that while things completely depend on us, they also completely depend on God-in fact, they depend on God p r i m a r i l y. O u r r o l e , while done with total commitment, is more of seconding God’s will and ways, which we have to do precisely with our Godgiven gift of freedom. It’s time that we instill in everyone this awareness of our need to cultivate this passion to be like God, who has revealed himself completely to us in Christ, and who in turn continues to be with us through the Holy Spirit acting on the many inst r ument a lit ies Christ himself established. roycimagala@gmail. com

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Banking&Finance

GSIS allowed to raise stock placements STATE-RUN Government Service Insurance System (GSIS) can now place more funds into stocks as its board of directors last week approved a request to raise its equity investment cap. GSIS President and General Manager Robert G. Vergara said in an e-mail over the weekend that the state pension fund secured last Thursday the go signal to raise to 30% its current 20% equity allocation limit. The GSIS chief earlier said the state pension fund wants to increase the amount of funds it can invest in equities as it looks to expand its overseas investments to cushion the impact of volatile domestic markets. “B o a r d ap p rov a l t o increase equity allocation to 30% was secured last Thursday,” Mr. Vergara said in an e-mail when asked for an update on the request. The move is in line with GSIS’s plan to deploy more funds into higher-yielding investments and continue building up and adding to its stock portfolio. The state pension fund had about P158 billion in equity holdings at end-June. Nearly half or P409 billion of its investible portfolio worth P874 billion is invested in

fixed income, P217 billion in loans to its members, P31 billion in real estate and P57 billion is in the form of cash. Mr. Vergara said the planned 10% additional investment in equities, which roughly amounts to P87 billion, will be sourced from other revenue streams including coupons from bond investments, gains from properties, dividends from stocks, loans from its members and other cash inflows. “We are still in a position that we do generate income that needs to be invested,” he told a briefing late last month. As of the first half of 2015, the GSIS chief said the pension fund received about P22-billion coupons from bond investments, about P3-4 billion in dividends from stocks, P5-10 billion from taking profits and investing, and P20-21 billion from loans. Mr. Vergara noted that in the past two to three months, GSIS nearly breached the 20% equity allocation limit, but persisting volatility in the market brought it back to 18.5%. He noted that it may take “couple of years to get to 30%,” gsis/PAGE 10

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WB eyes up to US$ 250-M funding housing program T H E Wo r l d B a n k is eyeing for US$ 200-million to US$ 250-million funding for the first phase of a resettlement program of the Philippine government, said World Bank Country Director for Philippines Motoo Konishi. Konishi, at the sidelines of Asia Pacific Housing Forum here on Thursday, said the World Bank funding for the “Oplan Likas” or “Lumikas para Iwas sa Kalamidad at Sakit” under the Department of Interior and Local Government (DILG) will be through loan. He, however, mentioned that the World Bank has yet

to approve the amount. Oplan Likas, the Php50billion resettlement program of the national government, aims to move some 600,000 informal settler families (ISFs) or about three million individuals in Metro Manila. Konishi said the first phase of Oplan Likas will i nv o l v e re s t or at i on of pumping stations in the National Capital Region (NCR) to mitigate flooding in the area. He a d d e d t h a t t h e restoration of pumping stations will also require moving ISFs in NCR. “We have set aside money and we’ve been doing a lot

of technical work,” he said. Among the technical supp or t s g ive n by t he World Bank for Oplan Likas involve planning for the pump station restoration and resettlement of ISFs. Konishi noted that the Phi lippine gover nment shou l d l o ok at i n - c it y resettlement work, rather than off-city resettlement, in order to prevent forming of new slums in the city. “Nearly 70 percent of the ISFs had to be resettled off-city, away from their jobs, services, and social networks. And because many families struggle to find jobs around these off-

city sites, some return to Metro Manila. We need to work harder to realize in-city resettlement for the existing ISFs, and deliver affordable housing to prevent new slums from forming,” he said. He urged the government to focus in four key areas to push in-city resettlement and provide affordable housing in Metro Manila including land, housing finance, cooperation among institutions -national government, local government units (LGUs), civil society, private sector, and communities, an d su st ai n abl e u r b an development. (PNA)

BIR files P70.44-M tax evasion raps vs. real estate, textile firms THE Bureau of Internal Revenue (BIR) filed on Thursday before the Department of Justice (DOJ) a total of P70.44 million tax evasion cases against a real estate company and a textile manufacturing company. In a press conference, BIR Commissioner Kim S. Jacinto-Henares said they charged EM Ramos Development Corporation

and it president Emerito B. Ramos for violating Section 255 of the Tax Code. EM Ramos is a domestic corporation located in Loyola Heights, Quezon City. It is engaged in business as real estate developer and dealer. Henares said EM Ramos and its responsible corporate officer were assessed deficiency tax liabilities for bpi/PAGE 10

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Environment

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XU eyes joint advocacies with World Bank for environment in Mindanao By Mike Baños, Editor-at-Large

XU Pres. Fr Bobby Yap, WB PH Country Director M. Konishi and Kag. Bong Lao (right) pose for posterity with XU officials following the MOA signing on KDC. photo by mike baños, npn

indanao’s oldest university seeks to leverage its newly forged links with the World Bank’s Knowledge Development Community to pursue its key advocacies especially for the environment in Mindanao. “We hope to host a forum with an expert from Costa Rica talking about Payment for EcoSystems Ser vices and how that can help our own PES program here, “said Fr. Roberto C. Yap, S.J, Xavier University-Ateneo de Cagayan president during August 26 signing of the partnership agreement with the World Bank, which links the university as the 18th member to the Knowledge for Development Community (KDC) in the Philippines and the first in Northern Mindanao. “We also hope to tap an expert in Mexico who can talk about their experience with conditional cash transfers, to help us with our own efforts along this line,” he added. “Through that interaction, using the power of technology, we will have a KDC not

only based in Cagayan de Oro but internationally through the five areas XU is promoting: peace, food security, environment, health and governance.” The memorandum of agreement was signed by Fr. Yap in behalf of XU and PH Countr y Director Motoo Konishi for World Bank Philippines. Mr. Konishi said the World Bank partnered with XU-ADC since the latter’s research and outreach programs under Research & Social Outreach Vice Pres Hilly Roa-Quiaot align with the WB’s Countr y Partnership Strategy for the Philippines. Specifically, the partners look for ward to engagements in Transparent and Accountable Governance, Empowerment of the Poor and Vulnerable; Rapid, Inclusive and Sustainable Economic Growth; Climate change, environment, and disaster risk management; and, Peace, Institution Building, and Social Economic Opportunity. The new partnership calls for the partners

to jointly undertake knowledge sharing activities to discuss development challenges and solutions with grassroots participation. “We are launching a relationship with XU and WB on the Knowledge Development Community,” Mr. Konishi said in an inter view with Kagayan.com. “Basically it’s WB interacting with knowledge institutions to exchange ideas, I heard XU is doing a lot on community outreach so the community has a better understanding of its environment, how to protect it, how to improve governance, how to get citizens involved. That’s what this whole knowledge exchange is all about.” “This KDC is young and the Philippines is in the forefront of making what used to be a depositor y librar y where we would put our books and reports, and now into something more active,” he added. Mr. Konishi cited one of the biggest projects the WB and EDC is undertaking for the next 18 months is the WB

Mindanao Jobs Report, with XU among the project partners and Fr. Yap sitting as a member of the Advisor y Group with a team of XU researchers conducting the value chain analysis on Mindanao vegetables. “We’re hoping to design this Jobs Report to be a practical guideline for the incoming administration in 2016 so they have a practical action program for the whole of Mindanao to create more and better jobs,” Mr. Konishi explained. “Most of our things are now in the internet so we’ve moving on from the physical space to more of dialogue and how to connect you with other schools and institution s and to more experts from the outside.” The WB plans to get the heads of the 18 EDC network partners later this year to determine the project’s thrust for next year. “We will get the university presidents together to know what is it you want to do together for 2016 and what is it you need from us,” he said. “ Fr. Bobby already has an

idea about us connecting the university to some of the people in the forefront of environmental financing and environmental protection.” Fr. Yap said as a Jesuit and Catholic university XU takes the words of Pope Francis encyclical on the environment ‘Laudato Si’, ver y seriously, especially when he says ever ything is connected. “So when I think of all our thematic, all of them are connected. I think this insight of Pope Francis is ver y powerful, so we do not work on each thematic when we realize all these thematics are connected, so that we can give a life of real human dignity and work for sustainable development that is really holistic and integrated,” Fr. Yap stressed. “The 2nd theme of Laudato Si that I learned is Pope Francis tells us that the cries of the earth and the cries of the poor must be heard together. The plight of the poor is intrinsically connected to the fragility of the planet. So all our work and all the work that we do in our research and social

outreach is so we can ser ve the poor much better. Our work in disaster risk reduction and management is also connected to our work for the poor who are often victims and have the most difficulty in adopting when typhoons like Sendong come.” Catholics formally marked last Sept. 1st as the “World Day of Prayer for the Care of Creation,” to give individuals and communities an opportunity to implore God’s help in protecting creation and an opportunity to ask God’s forgiveness “for sins committed against the world in which we live.” The Pope said the annual World Day of Prayer for the Care of Creation will be a time for individuals and communities to “reaffirm their personal vocation to be stewards of creation, to thank God for the wonderful handiwork which he has entrusted to our care, and to implore his help for the protection of creation as well as his pardon for the sins committed against the world in which we live.”

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Billboard 7 Smart Prepaid boosts Big Bytes 50 with FREE Fox, iFlix and Spinnr 2013 ppi’S Best in Business and Economic Reporting

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Smart Prepaid’s Big Bytes 50 just got even bigger so you can enjoy the games, movies and music you want for an unrivaled entertainment on-thego experience. Now, Smart Prepaid’s Big Bytes 50 gives you 350MB for surfing and games plus 600MB of your choice

of videos and music from the jampacked catalogue of Fox, iFlix and Spinnr. With a total of 950MB, Big Bytes 50 gives you the country’s biggest mobile data offer at only P50, valid for three days. Bigger ‘Smart Life’ experience with Big Bytes 50

The K to 12 : In producing competitive Filipino graduates BY GLICERIA G. CASIÑO Master Teacher 1 Patrocinio Elementary School Patrocinio, Clavera, Mis. Oriental

In the belief that a 12 –year education cycle is a adequate for learning basic education, President Benigno Aquino approved k to 12 Basic Education Program. Early before k to 12 implementation, Philippines is the only country in Asia and one of three countries worldwide implementing ten-year precollege cycle. This ten years of schooling is composed of six years in Elementary and our years in secondary education. The governance is thinking that Education should be a central strategy to improve the lives of Filipino people, contributing to the rise of Philippine Economy. Further, a change of country’s educational system will enhance the learning of every Juan dela Cruz, which will be his toll to

be successful. In k to 12, change of curriculum include more student-friendly lessons, for it is more par with modern trend and today’s need; and more well-explained theories, for the period of education is already adequate to fit in necessary subjects that are great help to students, even on latter part of their lives. This k to 12 is expected to produce better-trained graduates who could be globally competitive human resources. K to 12 is implemented through collaboration among Department of Education (DepEd), Commission on Higher Education (CHED), Technical Education and Skills Development Authority (TESDA), and other stakeholders.

“Bigger data means a much bigger Smart Life experience, which is why we have boosted Big Bytes 50 to empower your on-the-go lifestyle with the largest entertainment library at your fingertips,” said Ariel P. Fermin, PLDT Smart EVP and Group Head of Consumer Business. “As the country’s undisputed leader in mobile, Smart is in a league of its own in providing Filipinos with access to world-class digital innovations. Upgrading Big Bytes 50 with unrivaled entertainment access is part of our efforts to humanize technology and give meaningful services that make the daily lives of our subscribers so much better,” Fermin added. “Now, whether you’re stuck on EDSA, commuting to school or waiting in line at the mall, you are empowered with instant access to your choice of games, music and videos that only the country’s biggest and most advanced network can deliver.” Get your adrenaline running with top mobile games With Big Bytes 50, you can get your adrenaline fix on

the go while playing today’s top mobile games like Clash of Clans, Candy Crush Saga, Hay Day and Boom Beach. You can also immerse in thrilling adventures of Summoners War, Dungeon Hunter 5 and Soul Seeker, among many other mobile games for three days. Catch up on hit shows and films If you’re into sports, news and documentaries, Big Bytes 50 allows you to tune into Fox channels wherever you are via the Viewstream Android app. This way you can watch Fox Sports, National Geographic, NatGeo People, NatGeo Wild, Fox News, Channel M, and Star Chinese Channel. Soon, you will also be able to catch up on your favorite top-rating TV series like ‘Walking Dead’ through subscription video-ondemand content from Fox. You can also use it to enjoy your dose of favorite films and series on iFlix, which is now Southeast Asia’s leading Internet TV service with over 100,000 subscribers streaming over 30 million minutes of premium content

across a wide range of genres. Now you can endure the long commute and heavy traffic while bingewatching shows like “Marvel’s Agents of S.H.I.E.L.D.”, “Scandal”, “The Big Bang Theory” and “Sherlock”, and engrossed in blockbuster films like “The Godfather,” “The Lord of The Rings” and “The Matrix.” Boost your mood with the complete music experience Your Big Bytes 50 subscription also allows you to rely on the award-winning music streaming app Spinnr to boost your mood with any song or playlist from tons of tracks in its catalogue. More, only Spinnr levels up your music experience with exclusive fly-off promos like for the upcoming Las Vegas leg of Rebel Heart

Tour by Madonna in October, as well as score VIP concert tickets for the Manila concerts of hit artists like Ariana Grande, Imagine Dragons and Maroon 5. Dial *121# to register to Big Bytes 50 You can enjoy Big Bytes 50 by simply dialing *121# - the allaccess number for all of Smart’s promos. You can surely make the most of Smart Prepaid’s Big Bytes 50, thanks to Smart’s expansive mobile network backed by more than 10,000 4G-LTE and HSPA+ sites nationwide. For more on the bigger ‘Smart Life’ experience that the new Big Bytes 50 offers, visit smart. com.ph and follow Smart on Facebook (www.facebook.com/ SmartCommunications) and Twitter (@ SMARTCares).

“Ang among daku ug kinasingkasing nga mga pahasubo sa mga kaigsoonan tang nabiktima sa sunog. Apan bisan pa niining mga pagsulay nga atong nahiaguman, padayon gihapon ang mga pagpasalamat ug pagsaulog sa atong tinuig nga kapiyestahan.”

Happy Fiesta to all the people of OPOL! Greetings coming from:

Punong Barangay

SINO S. DRAGON The Barangay Council and the people of Bgy. Malanang, Opol, Misamis Oriental

BOOK DISTRIBUTION IN BARANGAY TULA – VICE GOVERNOR JOEY G. PELAEZ visited the last and farthest hinterland barangay in Alubijid, Misamis Oriental to distribute books to TULA ELEMENTARY SCHOOL. A hard to reach school, Barangay Chairman WILFREDO URA-URA, School-in-Charge MARIE VILLASTIQUE and the General Parents-Teachers Association Officers were very happy to receive the books donated by Children International Philippines, Inc. through the Office of the Vice Governor. These donated books support the campaign and advocacy of Vice Governor Pelaez and the Sangguniang Panlalawigan of Misamis Oriental to institutionalize the “A Happy Reading and Writing Program” in the Province. photo supplied

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Feature

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 Editor: Shaun Alejandrae Yap Uy

HK-based tech company arrives in CdeO Story by IRENE DAYO Photos by SHAUN ALEJANDRAE YAP UY

OT Systems Ltd Account Manager Helen Chen answers queries from local media personalities present during the press conference, August 26, N Hotel, Cagayan de Oro City. OT Systems, a global technology-focused company based in Hongkong, extended its services here in the Philippines. Founded in early 2000s, OT Systems provides industrial transmission solution through security, surveillance and communication application. It commits to offer high-quality and value-based transmission devices, world-class support, technical consulting and sales services. “Our company is focusing on how to extend the transmission distance correctly so that the process could work,” OTS Account Manager Helen Chen said. Their products include Industrial Ethernet and networking materials such as ethernet extension, media converters, network switches, PoE switches and accessories. These products are helpful to various businesses such as universities and power plants who are doing big projects and the extending of transmission is a need. In partnership with Manila-based D-Flex Strategic Solutions Inc., OTS has reached Philippines, seeing that this country is a potential market because of several infrastructures being put up. Product launch was held August 26 in Cagayan de Oro City. “We think globally and act locally,” Chen added. She admit that it is impossible for them to approach Philippines without their local partner. “Local panel know the market better than us.” D-Flex Managing Director Juner Yaneza is happy that they were able to introduce OTS in Northern Mindanao for other big technology companies just normally visit Luzon. Part of their advocacy in D-Flex is to update places like Northern Mindanao

and they are pleased that OTS showed opportunity and came over in Cagayan de Oro City. It would be a big help for our industry in CdeO or in Northern Mindanao. They saw that we are just building roads, other infrastructure, telecommunications and improving our power plant system, he said. Part of the launching is the conduct of sales and technical training in Fiber Transmission System that intends to brief Mindanao-based engineers, system integrator partners, Information and Communication Teachnology head of schools, government agencies and private sectors. Participants found these products beneficial to the use not just in Cagayan de Oro but also in the country. DataWorld representative Daisy Tiu said OTS has a lot of products that is suitable for different industries in the Philippines. She explained that most of the products used in the field of utility, mining, transportation and power in the country are not industrial grade. These industrial grade kind are those products that would end fine after exposing to extreme heat and elements like water, wind and flood. OTS is providing products that could address the matters that have not been addressed by others. Tiu is hopeful that through OTS, businesses could save money and bring the cost of services down, because instead of replacing materials over and over again, they can have a material that could withstand extreme heat and condition. “It is a huge advantage. They have products that can address the needs of our customers and stakeholders,” concludes Tiu.

D-Flex Strategic Solutions Inc. D-Flex Managing Director Juner Yaneza answers technical questions with regards to OTS products, and as the tech company’s Philippine partner.

The FTD100 Micro- SSR Video Fiber Optic converter

Cagayan de Oro techs were treated to a day-long seminar on OTS products at NHotel, Cagayan de Oro City.

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Women over 65 more prone to hypertension than men Manila, Philippines -In the United States, one in every threeadults has high blood pressure. While women are as likely to have this condition as men, they are more prone to acquiring it during their twilight years. According to the Centers for Disease Control and Prevention (CDC), men and women both have the tendency to develop hypertension—the medical term for high blood pressure— during their lifetimes. However, women over 65 years old are more prone to acquiring it, particularly those who passed through their menopausal stage. High blood pressure or hypertension is a common condition which triggers the heart to pump blood excessively. Having the heart pump more blood and narrower arteries, it is likely to result tohigherchances of having high blood pressure. Today, hypertension has become one of the major contributors to the global disease burden, the World Health Organization (WHO) said, since it causes health problems such as cardiovascular disease. Amado Nazal, medical director of PharexHealthCorp., said that women who passed through their menopausal stage are at an increased risk of having hypertension because of hormonal changes and increase in body mass index that comes with age. “As a woman ages, her chances of acquiring hypertension becomes greater than a man’s,” Nazal said. “Hormonal changes relative to menopause can lead to weight gain, making blood pressure more reactive to salt. Eventually, this leads to hypertension.” Effective control of hypertension should be a priority among healthcare providers. This is why PharexHealthCorp, the most prescribed generic brand of medicines, emphasizes the importance of prioritizing optimum health among women who belong to this age bracket to keep hypertension at bay before it leads to heart failure. “The most important consideration every womanages 65 and older needs to make is to recognize the importance of having a healthy lifestyle as

the key to preventing hypertension and other health conditions as well,” Nazal said. He added, “It’s easy to start improving one’s lifestyle; the challenge comes in making it a habit. This specifically applies to people who already

have the disease—for people diagnosed with hypertension, the best practice is to always consult the doctor and comply with the medication schedule even when symptoms are not surfacing.” Nazal said that constant visits to

the family doctor, maintaining a healthy diet, and taking prescribed medication already go a long way in saving one’s self from more chronic diseases. “Taking your medication exactly as it is prescribed by your doctor is an important

part of your recovery,” Nazal noted. “Without complying with your therapy, your health will eventually deteriorate, leading to a lower quality of life—or even death.” He concluded, “Women who are already in their postmenopausal stage

need to start taking care of themselves especially when their metabolism slows down. Embarking on a lifestyle journey is not a one-time travel—it is a life’s worth of adventure you can give to yourself. And someday, you’ll thank yourself you did.”

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MiCab... from page 3

meter rate. But MiCab VP of Marketing Kenn Costales said the firm also serves as a cab advertising platform and vehicle-for-hire fleet management software for operators and logistics companies which makes it the only startup that can best help support and promote the new “premium taxi” regulation. “ M i C a b’s a d d e d advertising and management platforms are what sets us apart from other apps which only offer car sharing and taxi dispatching as their services,” said Costales. He added that MiCab operates outdoor LED ad signages for partner cabs and uses the 7-inch tablet it provides for use by cab drivers as an indoor ad platform. “Both passengers and passersby are thus shown publicity while the cab is en route to its destination,” he said. “The miCab advertising platform features a GPSpowered interface and has a reach level of over 100,000 Cebuanos per month for tablets and more than 700,000 for the LEDs,” added Costales. He encouraged companies who are interested to advertise with MiCab to contact (032) 318 0606.

Phoenix Petroleum plans to continue its network expansion, a strategy that will position it to take better advantage of growing vehicle sales domestically,” it added.

GSIS... from page 5

but added that GSIS “might get up to 25% at the end of the year if market remains in this level.” “ We w i l l p i c k o u r moments. When markets look vulnerable and people want to get out, we’ll step in and buy those counters that we think have good long-term growth stories,” he said then. Mr. Vergara also said that GSIS has invested in US equities in late 2014 and began adding European stocks to its portfolio starting this year in a bid to dampen the volatility of its domestic portfolio. “We continue to look at investing overseas ... We discovered that if we’re to look at adding to our equity exposure by buying emerging markets, all it does is it magnifies volatility... Developed markets have the least correlation with the Philippines -- these are US, Europe. Little by little, adding to the portfolio some exposure to these developed markets over time should smooth out the more volatile

swings in our domestic portfolio,” Mr. Vergara said. GSIS has invested around 3.5% of its P158 billion worth of equity holdings abroad, and Mr. Vergara said the pension fund is looking to hike this level to 5-8% depending on overseas developments. The pension fund saw its net income plunge to P29.6 billion in the first half from P94 billion due to volatilities in the equities market, putting the state-run pension fund further behind in its P65-billion income goal for 2015.

BIR...

from page 5

taxable year 2006 in the sum of P17.45 million, inclusive of increments. Likewise charged for the same violation were Yupangco Cotton Mills Inc. and its chairman/president Gumersindo L. Leuterio. Yupangco is a domestic corporation with offices located in Angono, Rizal and Forbes Park, Makati City and it is engaged in the business of textile manufacturing. Henares said Yupangco and its responsible corporate officer were assessed deficiency tax liabilities for taxable year 2006 in the sum of P52.99 million, inclusive of increments. (PNA)

Phoenix... from page 3

4.1% of the total retail market. The oil retailer has grown its network to 443 retail stations as of end-June. The company opened its first station in 2005. PhilRatings said Phoenix Petroleum’s revenues have been weighed by falling crude prices but noted that net profit margins have improved given its focus on retail sales. The oil firm, it added, has significant amount of untapped credit lines -adding to the company’s financial flexibility. “ This, together with the company’s improving level of cash flows from operations, puts Phoenix in a better position to support its operations and to compete effectively,” PhilRatings said. “Over the medium term,

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Awardees... from page 1

BMFI was awarded for “empowering communities in peacebuilding and d e v e l o p m e n t ,” w h i l e Tagum Cooperative was cited for “contributing to both members’ welfare and community development.” The third winner, the Concerned Citizens of Abra for Good Governance, Inc. won for its “community-based monitoring of government programs and services.” According to the Galing Po o k Fo u n d at i o n , t h e Citizenship Award supports and builds on the core thrust of the Galing Pook Foundation in promoting good governance through its annual Galing Pook Awards. The Citizenship Award was launched this year to search for, identify, recognize and promote the initiatives of individuals and civil society organizations working with the grassroots “who keep making good in the midst of continuing controversies in the government, socioeconomic difficulties that beset not only the Philippines, and the development challenges brought about by the adverse effects of climate change.” It a l s o re c o g n i z e s individuals and institutions that continue to “discover opportunities within the existing democratic institutions and venues; who creatively find, utilize and mobilize wealth from available resources; and who keep producing and adding more values for social good, with and for the people and the communities they work with.” Kaloy Manlupig, BMFI Chairman Emeritus, received the award on behalf of BMFI during the awards rites on Tuesday night, September 1 at the SMX Convention Center in Pasay. Manlupig thanked Galing Pook Foundation for the “historic honor.” 0 1 b a l ay m i n _ we b“We humbly accept this award, as we thank you for recognizing our efforts to be good citizens, making the principles of good governance truly alive. We also accept this award as a challenge for us to pursue our effort to spread the good news that there is hope for our country when citizens and government help each other,” Manlupig said. “We are thankful for the space entrusted to us by our partners – the citizens and local governments of the barangays, towns and provinces, the tribes, the basic sectors, the Moro,Lumad and Christians of Mindanao, the government agencies, our resource partners, and most specially our families,” he added. He also thanked his colleagues at Balay Mindanaw for the “continuing journey together.” BMFI was set up on May 8, 1996 with a mission statement of “Helping Build Empowered Sustainable Communities.

Helping Build Peace in Mindanaw” in pursuit of its vision for Kaangayan, Kalambuan, Kalinaw sa Mindanaw, sa Pilipinas, sa Kalibutan (Equality, Development, Peace for Mindanao, for the Philippines and for the World). Ta g u m C o o p e r at i v e started in May 1967 as the “Holy Name Society” of Tagum Parish with a handful of members and an available share capital of only 80 pesos. Today, it is a multiawarded cooperative with at least 117,000 members. The cooperative’s vision statement is to be the “icon of trust and excellence in social and financial services.” According to the Galing Pook Foundation, the coop’s Education, Community D e v e l o pm e nt P ro g r a m (ECDP) Section implements v a r i o u s pro g r a m s a n d activities that support the community, such as providing scholarships for 10 intelligent but financially challenged students, vocational training for 60 beneficiaries, school supplies for more than 2,000 indigent students in 22 schools, cleaning materials to 91 partner schools, an alternate learning system or back-to-school program for out-of-school youth, and a literacy program for adults. The co-op also supports a nutrition program for school children, free cholesterol screening for senior citizens and free medical check-up for Lumad families. It also helped finance the repair and construction of schools and churches. For its members, the coop offers “womb-to-tomb” services — savings program for the young, credit and insurance services for the adults, and mortuary benefits for bereaved families, among others. The co-op also trains future

cooperative leaders through its TC Youth Laboratory Cooperative, which was launched in October 19, 2009. The laboratory teaches some 52,000 junior members on how to manage and operate a regular cooperative, and how to operationalize the pr i nc ipl e s of f i nanc i a l management, planning and budgeting.

EXTRAJUDICIAL SETTLEMENT AMONG HEIRS

EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE

DepEd... from page 2

in poor, conflict-affected, and disadvantaged communities in ARMM to give out-ofschool children access to basic education. It provides catch-up opportunities for the young children in remote and deprived communities of the region where regular public education is not easily accessible. Since its implementation in 2012, the project already built 1,220 learning centers across ARMM including seven floating centers in coastal areas in the island provinces of Basilan, Sulu and TawiTawi. These learning centers catered to 38,084 students from kindergarten to grades 1 to 3. Maddi said the learning achievements of students in ADM centers showed parallel performances with those in public schools. The idea was reinforced during the national research forum on ADM conducted on September 1 here. The forum was aimed at sharing the initial findings of three studies conducted by the University of the Philippines Los Banos Foundation, Inc., University of Melbourne, and University of Southeastern Philippines on the ADMBRAC learning centers in ARMM. The studies show that the BRAC learning centers significantly contribute to

the increasing access to basic education; students in public schools and in BRAC learning centers show parallel performance in academic achievements; and BRAC learning centers have generally prepared their learners to a satisfactory level of readiness for the next grade level. Almost 70 officials from DepEd-ARMM, Australian and Bangladeshi embassies, and representatives from BRAC Philippines, Australian Aid, the academe and various international nongovernmental

EXTRA-JUDICIAL SETTLEMENT AND PARTITION OF THE ESTATE OF DOROTEA BACARRO CALUSTRE, EUSEBIO BACORRO, LEONCIA BACORRO-CANALES, EUSTAQUIO BACORRO AND ANGELA BACORRO –MAGTO

Notice is hereby given that the intestate estate of the late ABE CHAVEZ, who died June 30, 2014 in Cagayan de Oro without any will, covered by TCT Nos. 137-2013004358 & 1372013004359, in the names of Raul La Victoria, Abe Chavez and Leo La Victoria has been the subject of extrajudicial settlement among his heirs. The parties hereto being all of legal age with full civil capacity to contract hereby adjudicate among themselves, the one-third and one-half share respectively of the deceased Abe Chavez on the undivided portion of the real property which was finally confirmed and settled on January 30, 2014, in the following manner: TCT No. 137-2013004358 Anna Victoria Chavez Bodine – 50% or ½ of the one-third (1/3) share of the deceased Abe Chavez; Crestina Chavez Hardie – 50% or ½ of the one-third(1/3) share of the deceased Abe Chavez; TCT No. 137-2013004359 Anna Victoria Chavez Bodine – 50% or ½ of the one-half (1/2) share of the deceased Abe Chavez; Crestina Chavez Hardie` – 50% or ½ of the one-half(1/2) share of the deceased Abe Chavez. Extra-judicially settled on August 4, 2015 by Rachel Holland, Notary Public for the State of Texas, USA.

Notice is hereby given that the intestate estate of the late ANGELINA TABASAN , who died on October 10, 2007; She Left a certain parcel of land covered by Transfer Certificate of Title No. 137-2012008546 in the name of ANGELINA TABASAN, of legal age, Filipino, married to MENELIO TABASAN, SR. and more particularly described as follows; LOT : 61-D, PSD-10-061596 PORTION OF LOTS : 61, PLSM1098 SURVEYED FOR : ARIEL TABASAN , ET AL. LAND USE ( CASSAVA LOCATION : BALUBAL, CAGAYAN DE ORO, ISLAND OF MINDANAO BOUNDARIES: Containing an area of ELEVEN THOUSAND SIX HUNDRED NINETEEN (11,619) SQUARE METERS MENELIO TABASAN SR., the surviving spouse of the late ANGELINA TABASAN, and HERMINIA TABASAN PARENO, MARILONA TABASAN SAMBAAN , ARIEL TABASAN , PETRONILA TABASAN ABARQUEZ and MENELIO TABASAN JR., the surviving children of the deceased. Is the subject of EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE under the notary public of Atty. SATURNINO NERI BACONGA, As per Doc. No. 363; Page No.73; Book No. XLV; Series of 2013.

Notice is hereby given that the intestate estate of the late DOROTEA BACARROCALUSTRE, who died on June 7, 1975 in Lawigan, Catarman, Camiguin, EUSEBIO BACORRO, who died on October 28, 1962 in Bura, Catarman, Camiguin, LEONCIA BACORRO-CANALES, who died on July 20,1962 in Lumad, Bura, Catarman, Camiguin, EUSTAQUIO BACORRO, who died on March 16, 1971, ANGELA BACORRO-MAGTO, who died on May 4,1980 in Bura, Catarman, Camiguin; They left a parcel of land, owned jointly and in common, a parcel of land located at Catibak, Catarman, Camiguin and more particularly described as follows; ORIGINAL CERTIFICATE OF TITLE NO. 4086, A PARCEL OF LAND (Lot No. 946, CAD 194,, situated in Municipality of Catarman. Containing an area of TWELVE THOUSAND THREE HUNDRED AND THIRTY-SEVEN (12,337) Square meters, more or less. As they hereby adjudicate, the above-described real property, among themselves in the following manner. RECEPIENT/HEIR, a.) HEIRS OF EUSEBIO BACORRO, Lot Number 946-A , Area of 4,112 sq. m, b.) HEIRS OF DOROTEA BACARRO-CALUSTRE, Lot Number 946-B, Area of 4,112 SQ. M, c.) HEIRS OF ANGELA BACORRO-MAGTO , Lot Number 946-C, Area of 4,113 sq. m. Is the subject of EXTRAJUDICIAL SETTLEMENT AND PARTITION OF THE ESTATE OF DOROTEA BACARROCALUSTRE, EUSEBIO BACORRO, LEONCIA BACORRO-CANALES, EUSTAQUIO BACORRO AND ANGELA BACORRO –MAGTO under the notary public of Atty. MARIO T. JUNI , As per Doc. No. 423; Page No.85 ;Book No. 188; Series of 2015.

August 28, September 4 & 11

BWM: Aug. 21, 28 & Sep. 4, 2015

BWM: Aug. 28, Sept. 4 & 11, 2015

organizations working for education in ARMM attended the event. “As we c ont i nu e to improve the basic education system in the Philippines, there are learners who are still marginalized by the system,” said Elvin Ivan Yu, DepEd central office assistant secretary for programs and projects.

2014 ppi’S Best in ENVIRONMENTAL Reporting

“ We w i l l k e e p o n engaging the sectors from the academe, local governments, development sectors, and partners to see how we can further refine this model and really come up with innovative and sustainable solutions that can serve our communities better in the coming years,” Yu added. (Bureau of Public Information/PIA-10)

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 22 Cagayan de Oro City IN RE : PETITION FOR ADOPTION OF MINOR VINCE ALBERIO WITH APPLICATION FOR CHANGE OF NAME INTO VINCE PACAÑA UNABIA, LUCILLE PACAÑA UNABIA,

FC SP-FMY-2015-040 Petitioner,

X----------------------------------------------------------------/ ORDER This petition seeks for the adoption of minor child VINCE ALBERIO by the petitioner LUCILLE PACAÑA UNABIA and for the change of the name of the child to be adopted to VINCE PACAÑA UNABIA. Finding the petition sufficient in form and substance the same is hereby given due course . Let the hearing be set on November 13, 2015 at 8:30 in the morning at 2nd Floor Legislative Bldg., Conference Room of the City Council, City Hall, Cagayan de Oro City. At the expense of the petitioners, let this order be published once a week for there (3) consecutive weeks in a newspaper of general circulation in Cagayan de Oro City and in Misamis Oriental, The RTC social Welfare Officer assigned to this Court is hereby directed to conduct a home and child study on the adopting parents, the natural parents and the child to be adopted . She is also directed to conduct counseling sessions with the biological parents of the child to be adopted. The reports thereof shall be submitted to this Court SIXTY (60) DAYS from the receipt of this order. Petitioner is directed to make arrangements with the Court Social Worker for the scheduling and incidental expenses in conducting the case study. Let copy of this order and the petition be furnished upon the Local Civil Registrar of Manolo Fortich, Bukidnon, the Solicitor General and the City Prosecutor of Cagayan de Oro City for their appearance in behalf of the state. SO ORDERED Given this 7th day of August, 2015 at Cagayan de Oro City, Philippines.

(Sgd) RICHARD D. MORDENO Presiding Judge

BWM: Aug. 21, 28 & Sep. 4, 2015

BusinessWeek MINDANAO

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YOUR Mindanao-wide BUSINESS paper thu-fri | september 3-4, 2015

Michelle Francisco

www.EmpressMichelleFrancisco.com

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PAGE 12

Importance of Moisturizing Regularly

A lot of people ask me what are my beauty secrets. I always get mistaken for a minor, so I must be doing something right. Hahaha. Actually, I have a lot of beauty secrets such as drink lots of water, exercise (which I really love because not only it makes me physically fit and gives my skin a glow but it also gives me so much energy and happy hormones), exfoliate your skin (to remove the dead skin cells and it can give you a fresher, smoother, younger and glowing look),

moisturize, monthly facial treatment, power peel, get enough sleep, avoid direct sunlight, eat healthy (I’m still trying to perfect this), use the best beauty products that’s suited to your skin (doesn’t have to be the most expensive), be happy, smile, drink vitamins and many more. I will write about each of these topics in separate articles. But today, I want to share with you my favorite moisturizers that I use for my face and body. My skin type is dry so I

THE EYE BALM INTENSE The best eye balm ever! I’ve been using this for many years already. I usually alternate this with The Eye Concentrate but I like this better. It’s lighter and I feel like it’s right for my age. Not too strong. It visibly reduces puffiness, smoothens and hydrates the delicate eye area. Lines and wrinkles visibly diminish and your skin feels lifted and firmer. I use this around the eyes both in the morning and in the evening. Then I use my Crème de la Mer moisturizer.

cannot skip a day without putting moisturizer. Whether you have dry or oily skin, you still have to moisturize. In short, everyone needs to moisturize. You just need to find the right moisturizer for you depending on your skin type. It is very important to moisturize your face especially the eye area to avoid wrinkles, fine lines, sagging and aging. These are my tried and tested favorites that I regularly use for many years already.

COCOA BUTTER BODY BUTTER This is great for very dry skin because it's super rich and creamy. It has a sweet cocoa scent. If I feel like my skin is getting a little dry, I use this.

THE EYE CONCENTRATE I also use this but I find it too strong for my age. But for older women, this is better for you. It helps dramatically dissolve the appearance of dark circles, surface discolorations and unevenness. Lines and wrinkles are also softened.

VIRGIN COCONUT OIL We all know that virgin coconut oil has a lot of health benefits. But for me, I use this for my skin when it is extremely dry or once a week after my weekly body scrub. After scrubbing and using my soap, I lather and apply this all over my body then quickly rinse it with water to leave my skin moisturized.

CRÈME DE LA MER The legendary Creme de la Mer has the power to make me look young forever. I’ve been using this moisturizer daily, morning and night, for many many years already. I can’t even count how many jars I have consumed. I get mine at La Mer, Rustan’s Makati or when I’m out of the country. I have a dry skin. So, I use this because it makes even the driest skin look fresh and smooth. THE LIP BALM I have dry lips. I’ve tried so many lip balms but for some reason, they made my lips feel sticky and I hate that. La Mer’s “The Lip Balm” is very light but it works really well. It’s the best that I’ve ever used. It relieves dryness in an instant. It softens rough parts and rejuvenates your lips. I also love the cool and refreshing mint feel.

THE REPARATIVE BODY LOTION It's called a time eraser and has anti-aging power to give your body a renewing and smoothing effect. It helps visibly firm and clarify skin. I love using this for my body every night after bathing.

Quote of the day... JOHNSON'S BABY LOTION I have been using this since I was young, way back when I was in high school. It's an amazing body moisturizer because it is light on my skin, it smells good like a baby and makes my skin soft and smooth.

Love,

“

I’m a big believer in that if you focus on good skin care, you really won’t need a lot of make-up.

“

EMPRESS M

2014 ppi’S Best in ENVIRONMENTAL Reporting

Demi Moore

You can follow me at these social media: https://www.facebook.com/groups/EmpressMichelleFrancisco https://www.facebook.com/EmpressMCF https://instagram.com/empressmichellefrancisco https://twitter.com/empressmcf

BusinessWeek Mindanao (September 3-4, 2015)

Published on Sep 3, 2015

BusinessWeek Mindanao (September 3-4, 2015)

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