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BusinessWeek Mindanao (September 9, 2016)

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BusinessWeek MINDANAO CREDIBLE

Volume VII, No. 042

Market Indicators

As of 6:10 pm september 8, 2016 (thursday)

FOREX

PHISIX

US$1 = P46.83

7,667.07

28.3 cents

X

47.97 points

X

Briefly Commitment for peace THE government (GRP) panel negotiating peace with the National Democratic Front (NDF) is committed in signing a f i n a l p e a c e a g re e m e n t with communist guerillas within one year, giving the administration of President Rodrigo Duterte five more years to start implementing key reforms mutually-agreed upon by both parties. Government negotiator Hernani Braganza disclosed that the Duterte administration has set a self-imposed deadline to wrap up the peace talks in a year’s time to allow the implementation stage of the peace process to take root before the President’s term ends in year 2022. “The negotiation stage may be difficult, but the real test of the peace process lies in the implementation of social, economic, and political reforms mutually-agreed upon by both parties,” Braganza told participants of the Central Visayas People’s Summit for Peace and Change held in Cebu City.

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Duterte, Obama shake hands, chat after cancelled meet By AZER N. PARROCHA, PNA

IN what seemed like an e f f or t t o p at c h t h i n g s up, Philippine President Rodrigo Duterte and US President Barack Obama shook hands and shared a good conversation before t he g a l a d i n ne r at t he ASEAN Summit in Laos, a senator said Thursday. S e n a t o r A l a n Pe t e r Cayetano, who accompanied Duterte in his trip, said

that this was how the two presidents met informally in a holding room before attending a gala dinner at the ASEAN Summit. “You cou ld s e e t hat there is an ef for t f rom both sides to patch things up,” Cayetano, Chair of the Senate Committee on Foreign Relations, said. T h e p r e v i o u s d a y, Duterte mentioned in a

press conference that the US President should not question his way of dealing with the country’s illegal drug problem. This led the White House to cancel the scheduled meet between the two leaders. Cayetano stressed the importance of maintaining s t ron g d ip l om at i c t i e s between the Philippines and the US despite their earlier rift. meet/PAGE 11

GALA NIGHT. President Rodrigo Duterte attended the gala dinner for leaders at the Association of Southeast Asian Nations (ASEAN) Summit on Wednesday in Vientiane, Laos. Duterte, like other leaders at the event, was dressed in a traditional Laosian garb. Before the dinner, Palace officials said Duterte was able to speak briefly with United States President Barack Obama. (Photo grabbed: http://www.gmanetwork.com/)

M’danao’s biggest coal plant to end brownout T

By MYRNA VELASCO

HE completion of the 405-megawatt coal-fired power project of FDC Utilities, Inc. of the Filinvest Group is now advancing to full commercial operation, and such will effectively and symbolically end Mindanao’s predicament of prolonged power interruptions. The developer-firm FDC Utilities Inc. (FDCUI) has apprised media last week that the second unit of 135MW capacity was already synchronized to the grid. The project, so far, is the biggest to help meet the

World travel mart DAVAO City -- For the first time, Davao City will be hosting the World International Travel Mart (WITM) for a B2B (businessto-business) event. MICE-Davao secretary Marilou Ampuan said it will be a meeting between the operators and buyers in the travel industry on Oct. 26 in Davao City. She said this is an opportunity for tour operators to meet with international tour counterparts and prospective buyers in possibly forging business agreement through the MICE (Meetings, Incentives, Conventions, and Exhibit). Davao City, she said, has become a destination for MICE which has been worked on by the tourism industry sector here and the Department of Tourism (DOT).

P15.00

Friday | September 9, 2016

PRAYERS FOR DAVAO. Kagay-anons light 300 candles Tuesday night outside Xavier University-Ateneo de Cagayan de Oro City in memory of the victims of Davao bombing incident that happened last week. The prayer rally dubbed as “Prayer for Davao” is an expression of solidarity for peace and justice. photo by gerry lee gorit

Two NDF consultants back Eid’l Adha on from peace talks in Norway Sept. 12 declared By CRIS DIAZ Contributing Editor

TWO consultants of the National Democratic Front (NDF) returned to this port capital Wednesday after two weeks in Oslo, Nor way, bringing with them hopes of

lasting peace for the country. Alfredo Mapano, 62, k now n a s “Par i s”, an d Pedro Codaste, 66, known as “Gonyong”, both political prisoners, were among the 22 NDF consultants ordered released from prison last talks/PAGE 11

nat’l holiday

DAVAO City -- President R o d r i go D ute r te h a s d e c l a r e d M o n d a y, September 12 a regular holiday nationwide in observance of Eid’l Adha (Islamic Feast of Sacrifice). eid’l/PAGE 11

immediate to long-term power supply needs of the grid. It has three units with 135MW capacity each. As qualified by Filinvest Development Corporation Chairman Jonathan Gotianun, brownout/PAGE 11

DAR chief alarmed over massive conversion of irrigated lands as non-agri By MARK D. FRANCISCO

AGRARIAN Reform Secretary Rafael V. Mariano has expressed alarm over massive conversions of irrigated lands to nonagricultural in many parts of the country. Sp e a k ing at a press conference here, Mariano said he is disturbed by the latest National Irrigation Ad m i n i s t r at i o n ( N IA ) report detailing how the

50,000 hectares of what was supposed to be agricultural land were converted into commercial, industrial or residential areas. T h e D e p a r t m e nt of Agrarian Reform (DAR) under its mandate could go after individuals and entities who failed to make use of the agricultural lands that the department has converted. alarmed/PAGE 11

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Economy 2 P35-M grants for arts, Caraga’s economic growth culture projects in decelerated in 2015: PSA Mindanao up for grab Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

friday|september 9, 2016

BU T UA N Cit y -- The Philippine Statistics Authority (PSA) Caraga revealed during the Regional Development Council - Social Development Committee meeting conducted on Tuesday that the region’s economic growth decelerated from 9.4 percent in 2014 to 4.2 percent in 2015. The region’s growth declined as agriculture, hunting, forestry and fishing (AHFF) declined and industry and services slowed down during that period. It was also noted that the services sector has continue to account for the largest share in the region’s total economic output with 14.7 percent followed by 37.2 percent of the industry sector while the AHFF also contributed 17.1

percent. During the year, the overall performance of the services sector slowed down from 9.2 percent in 2014 to 5.3 percent in 2015 this is due to the decelerated growth of four sub-industries. The transportation, storage and communication (TSC) also recorded the biggest deceleration from 16.4 percent in 2014 to 4.2 percent in 2015. On the financial intermediation (FI), it slowed down from 5.7 percent to 5.6 percent and the public administration and defense (PAD) decelerated from 4.4 percent to 1.3 percent. Meanwhile, real estate, renting and business activities ( R E R BA ) re c ord e d an accelerated growth from 5.4

percent in 2014 to 7.4 percent in 2015 and other services (OS) expanded from 4.6 percent to 7.0 percent. Also, the Industry sector has decelerated to 9.9 percent in 2015 from 14.8 percent in 2014. It says that the slowdown was attributed to the slowdown in mining and quarrying (MAQ) and manufacturing. MAQ, which accounted for the largest share in the industry decelerated from 14.7 percent to 5.0 percent in 2015. Likewise, the manufacturing also slowed down from 12.7 percent to 2.6 percent in 2015. However, electricity, gas and water supply (EGWS) cushioned the decelerated growths of the first two subindustries as it rebounded

from negative 5.8 percent in 2014 to 24.1 percent in 2015. Construction further improved its performance by accelerating from 20.6 percent to 22.7 percent in 2015. The AHFF has suffered a reversal from 1.3 percent in 2014 to negative 8.5 percent in 2015 due to the contraction of agriculture and forestry by 9.6 percent in 2015 from a positive 1.4 percent in 2014. The fishing also contracted from 0.8 percent in 2014 to negative 1.5 percent in 2015. PSA further bared that the industry and services sector has contributed 3.5 percentage points and 2.4 percentage points to the region’s total growth for the year, respectively. (PSA/ NCLM/PIA-Caraga)

DAVAO City -- The National Commission for the Culture and the Arts (NCCA) is inviting interested parties to submit proposals for arts and culture projects in Mindanao. The NCCA has about P35million budget for grants available for the region. NCCA Section head Renee Talavera said the P35-million is good for 98 projects sites for different categories. Mindanao is getting a large share from the P120million allocated for NCCA grants across the country. In contrast Luzon is getting P30million. Last year’s budget for Mindanao was at P20-million. Ta l a v e r a s a i d t h e g e o g r ap h i c a l c ov e r a g e necessitated the huge chunk of the budget.

NCCA launched its call for proposals at a press conference followed by a write shop for prospective takers held last Sept. 2 at Grand Regal Hotel in Davao City. The projects can be in line with the different strategies f or t h e re g i on a m on g these include support for community managed heritage conservation or ecotourism site, Mindanao Indigenous Peoples Summit and Regional Assemblies, promotion Mindanao culture, arts and heritage program, Mindanao Summit on Culture and the Arts, Kalintad Mindanao focused in Indigenous Dispute Resolution, sub-regional festivals on culture, heritage projects/PAGE 9

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DSWD names regional exemplary child (L-R) Kyle Shane Ederosas, Aisa Mae Luzano, Sheena Desire Abuzo, Riza Resaba and Kate Angel Enerio present their awards and certificates during the recently concluded Exemplary Pantawid Pamilya Child Regional Finals. Abuzo bagged the first place while Luzano and Resaba earned the third and second place respectively.(RTP/PIA10)

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947 CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011


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friday|september 9, 2016

SM Lanang Premier marks Mid-Autumn Festival with the Chan Lim art exhibit From September 10 to 25, 2016, the metro’s premier shopping and lifestyle destination – SM Lanang Premier – celebrates the MidAutumn Festival by hosting the largest exhibition of Chinese visual arts at the mall Atrium. ‘An Exhibit of Chinese and Western Paintings’ by the Chan Lim Family of Artists and Students showcases over 300 artworks exquisitely done in Chinese Scrolls, Lanterns and Oil Paintings. Another visual attraction is the set of 3D koi artworks on porcelain plates. Forty artists have contributed their

masterpieces for the said exhibit slated to open on September 10. A free Chinese Painting Workshop for students and enthusiasts is set also on Saturday at 3 pm. Limited slots are available on a firstcome, first-served basis. This is the fourth time that SM Lanang Premier has partnered with the Chan Lim family in holding an exhibit of such a massive scale since 2012. Copresenters include the Davao Filipino-Chinese Cultural Association, Dynamic Youth, Inc., and Park Inn by Radisson Davao. The Chan Lim family is one of the few remaining notable

Chinese brush painting artists in the country today. Led by its patriarch, Chan Lim, and children Alex, Felix, Rolex and Jolex, it has conducted numerous painting exhibits and seminars, art workshops and on-the-spot painting demonstrations for more than four decades. To date, the family has staged 13 family painting exhibits and its paintings can be found in private collections here and abroad. For more information, visit www.chanlim.com or check out SM Lanang Premier’s official account on Facebook, Twitter and Instagram.


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Opinion

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friday|september 9, 2016

Re-educating Filipinos on good manners

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

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Feature Editor

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LIFE’S INSPIRATIONS: “… Apply your heart to instruction and your ears to words of knowledge…” (Proverbs 23:12, the Holy Bible). -ooo R E - E D U C AT I N G FILIPINOS ON GO OD MANNERS: At the rate things are going among our countrymen, unsavory and criminal habits, behaviors, and patterns of thinking which have been forcibly shelved and hidden from view right after the installation of President Duterte in July 2016 out of fear for his reputation as a “killer official”, are slowly resurfacing, and are umistakably making a vicious come-back. This proves what I have been saying all along: it would take more than draconian and deadly or fatal measures to truly stamp out or eradicate crime and criminality, particularly those which afford huge but clearly illicit financial reward. Something more is needed to truly change our people, to weed them out of what they have been used to think, say, and do all their lives. What is this? It is the reeducation of Filipinos on matters of good manners and right conduct, on godliness and spirituality, on loving God (whatever He is conceived to be by our people who are

Member:

propelled by the thought that only their comfort and their ability to travel faster, to the disadvantage of all others, that matter. Indeed, this type of a mental set which focuses on the self has pervaded almost all Filipinos nowadays! -ooo FA K E C H R I S T IA N BELIEVERS: This is to me incomprehensible, in the light of the profession of many of us that we are Christians and followers of Jesus Christ, our God and Savior. If we are supposed to be followers of Jesus, we should be obeying His commands, particularly the commands to love God above all else and to love others as we love ourselves, right? Yet, plenty of those who say they obey Jesus do not even care to know what His commands are. In point of fact, many of them do not read the Bible, and therefore, do not obey what is written in that Holy Book. If we do not know and do not obey the commands of Jesus, how can we ever hope to act like true Christians? This is the reason why many Christians are not really Christians, but are devilishly-fake believers. This is what the Duterte government should try to address, side by side with its aggressive campaign against

K akampi

Mo A ng Batas

Atty. Batas Mauricio criminality. Yes, it should eliminate the criminals in our midst even in the most violent ways possible, but it should strengthen the spiritual values of those who are not criminals among us, by, among others, requiring prayers in all government transactions, and then teaching God’s Word among our people! -ooo P L E A S E WA T C H OR LISTEN: “Tambalang Batas at Somintac”, a newscommentary radio program, aired at DZEC 1062 kHz and other Radyo Agila provincial stations nationwide, and is aired live by Facebook at https://www.facebook.com/ RadyoAgila1062/?fref=ts, 6 to 7 in the morning, Philippine time. Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo. com.

Where to find peace

Philippine Press Institute Oro Chamber

Don’t Cheat Yourself Think a minute…Imagine you’re in school and your teacher gives your class a really hard test. You’re scared and nervous because you didn’t study. But then you see the smartest girl in the class is sitting right beside you and you can clearly see her paper and all her answers. What would you do? Probably everyone has a chance to cheat and be dishonest at some time. In fact, many of us are tempted every day to cheat or do something wrong—like the famous sprinter from Canada named Ben Johnson. I n t h e 1 9 8 8 Wo r l d Olympics, B en Johnson won the gold medal in the 100 meter dash. He finally beat his #1 rival, Carl Lewis. However, the very next morning Johnson lost his medal! Medical tests showed that he had cheated by using strong drugs and steroids to build his muscles for the race. So Ben Johnson’s gold medal was awarded instead to Carl Lewis only one day after the race! We may think that cheating doesn’t hurt anybody and that it can only help us, but it’s a lie. Cheating always steals something from the other person that rightfully belongs to them. It doesn’t matter if it’s cheating on a school test, in sports, or stealing money

affiliated with different and diverse religious groups) with all their heart, with all their mind, and with all their strength, and loving others as they love themselves. -ooo F I L I P I N O S H AV E BECOME SELFISH AND INTERESTED ONLY IN THEMSELVES: Take the traffic behavior of many Filipino drivers as an example. My younger brother, Philip, pointed out in a Facebook post the other day that lack of discipline and a desire to outmaneuver all other motorists passing through the Anda Circle in Bonifacio Drive in Port Area, Manila, have been causing traffic jams in the area where there should be none. Philip is correct, but this lack of discipline and desire to out-maneuvering all others travelling on Metro Manila roads have become the rule, rather than the exception, even if because of such bad manners more gridlocks are generated day in and day out. Drivers seem to epitomize everything that is devilish when they are already seated behind the steering wheels of their vehicles. What is there in driving that transforms ordinarily sweet Filipinos into daredevils and uncaring morons? It is of course self-interest,

THINK

A Minute

Jhan Tiafau Hurst and possessions. Whether it’s breaking the law, not paying your full taxes owed to the government, or cheating and being unfaithful to your wife or husband. But cheating is just not smart. We not only hurt and steal from that other person, but we cheat ourselves! We become the biggest loser. And once we start cheating, it’s very hard to stop. Nothing you ever get through cheating can replace what you lost: your right relationship with your Maker, as well as your self-respect and honor. You can only get these with an honest heart and character. Plus, we can never be completely satisfied with the things we get by cheating or stealing. Even when we think we’re getting away with it, we’re not! We’re hurst/PAGE 9

True peace can only come f rom C h r i s t . “Pe a c e i s my f are w e l l t o y ou , my peace is my gift to you,” Christ says. “I do not give it to you as the world gives peace.” (Jn 14,27) We have to understand these words well, accepting them first of all by faith, and then analyzing them with all the resources of our Godgiven human powers. We should never depart from this peace of Christ. All our efforts to come up with an estimation of p e ace for our p ers ona l health or for social, economic or political wellbeing, should always be i n s pi re d by t h i s p e a c e Christ gives us. It cannot be any other way. Christ is the prince of peace. He knows how to tackle any and all causes of trouble, conflict and war. He meets them head-on, not escaping from them, and in fact converts these c au s e s of e v i l an d w ar into p at hs to go o dness and human redemption. He g o e s s t r a i g ht t o the ver y core of evil, the m a l i c e t h at c an s pr i ng in the hearts of men, the primal source of all our t rou bl e s , c on f l i c t s an d w ars . A n d h e d o e s t h e ultimate to annul the effects of evil, by assuming them himself, killing them with his own death, and conquering them with his own resurrection. He always has the last word. While in pursuing and tr ying to gain peace

we may have to do some practical and temporar y things, we should never forget that the ultimate source of peace is Christ himself who is God who became man for our sake. We should always go to him, praying and asking for his help. We should never set him aside. Following him will indeed involve effort and sacrifice, but we have to look at the bigger picture, the long-range vision. We will be asked to deny ourselves and to carry the cross, we will be asked to undertake a continuing ascetical struggle, but all these come with the territor y. The peace Christ gives us is the peace he h i m s e l f w on f or u s on t he cross. It is a p e ace t h at c o m e s w i t h s o m e war, with some violenceagainst our weaknesses, our temptations, and sins in all their forms and variety. He hims elf war ned us about this. “From the days of John the Baptist until now the kingdom of he ave n has su f fe re d violence, and the violent take it by force.” (Mt 11,12) We s h o u l d b e w a r y w hen we are pres ente d with an easy program of life that can give us some instant advantages but w i l l c e r t ai n l y l e a d us nowhere but disaster. This is the kind of peace the world gives us, as our Lord hinted. Its perks and

advantages are actually on ly ephemera l, shor tlived and shallow. To have peace in each one of us and later in the world, the kind that abides and lasts, and that leads to the everlasting peace i n h e av e n , w e n e e d t o wage war here on earth, a constant war that goes on until death. This is part of our hu m an c on d it i on . O u r weakened, wounded nature requires it, not to mention, the objective reality that we have enemies all around us. Our Catechism tells us of t he s e ven c apit a l sins with which we have to contend with all throughout our life. They are: pride, avarice, envy, wrath, lust, gluttony and sloth. These capital sins are embedded in us. No use denying them. We have to acknowledge their existence and learn how to deal with them. Besides, St. Paul a l s o t e l l s u s a b out t h e formidable spiritual enemies around us. ¨For our wrestling is not against flesh and blood, but against principalities and p owe r, ag ai nst t he rulers of the world of this darkness, against the spirits of wickedness in t h e h i g h p l a c e s . ¨ ( Ep h 6,12) How true! T h e C at e c h i s m a l s o tells us that “peace cannot be attained on earth without safeguarding the g o o d s of p e r s on s , f re e

HINTS

and

Traces

Fr. Roy Cimagala c om mu n i c at i on a m on g men, respect for the dignity of persons and peoples, and the assiduous practice of fraternity. Peace is the tranquility of order. Pe ace is t he work of just ice and ef fe c t of charity.” (CCC 2304) All these requirements of peace necessarily involve somestr uggle, s ome war fare. We have to learn how to make a war of peace and joy, and at the same time how to suffer, since suffering will be unavoidable. The secret is simply to i d e nt i f y ours elve s w it h Christ whoidentified himself with his Father whenever we suffer in any for m, physical, ment al, emotional, psychological, moral, spiritual, etc. This act of identifying ourselves with Christ is simplyreprising in ourselves what Christ himself did-believing and followinghis Father’s will, ‘Not my will but yours be done.’ roycimagala@gmail. com.


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Flash Philippines launches Christmas Sale this September Flash Philippines is gracing the onset of yuletide season with a bang! As Flash Plus 2 continuously gain love and support from its solid users across the country, Flash launches its early Christmas sale last September 6. Avail with the Flash Plus 2 (2+ 16GB) for the lowest price of Php 6,190! This phone has been making its incredible mark with features like the fingerprint scanner, high-quality audio

capabilities, and premium camera functions. There will be limited stocks, so act now and get yourself with the best gift for yourself and your loved ones! The Flash Plus 2 (2+ 16GB) is now available at Lazada.com. Both Luna Silver and Venus Gold will be available. To know more about this amazing offer, just click this link http://bit.ly/XmasinSeptember.

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House revives vetoed SSS pension increase A PROPOSAL for a P2,000 acrossthe-board increase to the monthly pensions of Social Security System (SSS) members, vetoed by the earlier administration, hurdled the committee level at the House of Representatives. A total of 16 bills on the pension increase were approve d yesterd ay by the House Committee on Government Enterprises and Privatization chaired by North Cotabato Rep. Jesus N. Sacdalan. The proposed amendment to Section 12 of Social Security Act of 1997 provides that the minimum monthly pension will be raised to P3,200 from P1,200 for members with at least 10 credited years of service and to P4,400 from P2,400 for those with 20 credited years of service. To fast-track the approval of the proposal, committee members agreed to adopt the committee report made during the 16th Congress on the consolidated various proposals on the pension hike. The measure was passed by the 16th Congress but was vetoed by former President Benigno S.C. Aquino III in January this year, citing its “dire financial consequences”. “The proposed pension increase of P2,000 per retiree, multiplied by the present number of more than two

million pensioners, will result in a total payout of P56 billion annually,” Mr. Aquino said in his veto message to then Senate President Franklin M. Drilon and then House Speaker Feliciano R. Belmonte, Jr. in January. Bayan Muna Rep. Carlos Isagani T. Zarate, one of the authors of the bills, said in a statement that he is “elated” that the bill again passed the committee level and hopes that it would also be immediately approved at the plenary. “Our senior citizens have long been waiting for their pension to increase and if not for the unwarranted veto of former President Aquino they could have already been enjoying higher pensions now,” Mr. Zarate said. SSS Senior Vice President and Chief Actuary George S. Ongkeko, Jr. said during the hearing: “If we increase the pension by P2,000, the actuarial life will shrink from 2042 to 2025.” SSS has long argued that the government will need a “funding mechanism” to finance the proposed hike in

LEARNING ARABIC. Kauswagan was one of the municipalities in Lanao del Norte that suffered in the “all-out-war” in the year 2000. After the fateful event and atrocities, Kauswagan has now emerged as a thriving municipality in terms of agriculture and business. Community volunteers in Barangay Tingintingin, Kauswagan, Lanao del Norte addressed the low rate of Arabic learning in their area by constructing a Madrasah (which means a “place where learning and studying take place”) through the Department of Social Welfare and Development’s poverty-alleviation program Kapit-Bisig Laban sa Kahirapan-Comprehensive Integrated Delivery of Social Services: National Community Driven Development Program (KALAHI CIDSS-NCDDP). Barangay Tingintingin is an upland community, 5 kilometers from the Poblacion and about 40 minutes travel by land with a mix of Muslim-Christian population. The residents’ main source of income is farming. The Madrasah was completed in 2013 with a total project cost of Php 363,700.00 (PAMANA Php 300,000.00 and Barangay Local Government Unit local counterpart contribution of Php 63,700.00). Photo by Shaun Alejandrae Yap Uy, SMO, DSWD X

monthly SSS pensions as this will significantly shorten the life of the fund. The SSS had said the proposed pension hike would shorten fund life by

13 years and would thus need an increase in member contributions. Currently, the state pension fund could support pensions up to 26 years or until 2042, SSS

BSP must modernize to face new challenges - Escudero THE Bangko Sentral ng Pilipinas (BSP) urgently needs to modernize to enhance the monetary authority’s mandate as it faces emerging challenges, the head of the Senate’s Banks committee said Wednesday. “The BSP needs to keep abreast of the changing times,” Senator Francis “Chiz” Escudero said, citing a capital boost to allow the BSP to monitor, supervise and examine the web of transactions in the banking system. “The proliferation of

c ompute r i z e d b an k i ng transactions necessitates technical development for BSP to fully discharge its mandate in the banking and financial systems,” he added. Escudero, chairman of the Senate Committee on Banks, Financial Institutions and Currencies, said several proposals to change the BSP charter are currently being studied by his panel. Senate Bill Nos. 16 (authored by Sen. Franklin Drilon), 859 (authored by Sen. Ralph

Recto) and 1027 (authored by Escudero)-- all seek to amend the BSP charter by giving the central bank greater operation flexibility and more financial resources. SBN 1027 aims to strengthen BSP’s monetary stability function and supplement the mechanisms in protecting savings of depositors and in ensuring the smooth flow of transactions in the financial system. The bill also seeks to increase its capitalization to

P150 billion. If the fund will automatically be appropriated, Escudero said it would be considered as an off-budget item and should not pass through the scrutiny of Congress. He stressed that the scope of operations of financial institutions has evolved since the inception of BSP 23 years ago, and it must be given the monetary and financial stability, as well as corporate and financial viability to respond to contemporary challenges.

President and Chief Executive Officer Emilio S. de Quiros, Jr. said. The ideal scenario is a fund that could guarantee member pension for about 70 years, he added.

In terms of absolute value, the state-run agency has said it already provides members a generous return of P6 to P15 in benefits for every peso they contribute to the SSS.

Headline inflation in August eased to 1.8 percent yearon-year from 1.9 percent in the previous month and was within the central bank’s forecast of 1.6 percent to 2.4 percent for the month. The resulting year-to-date average inflation rate of 1.5 percent was still below the government’s inflation target range of 3.0 percent ± 1.0 percentage point for 2016. Meanwhile, core inflation, which excludes cer tain volatile food and energy items to measure underlying price pressures, increased to

2.0 percent in August from 1.9 percent in July. Month-onmonth seasonally-adjusted headline inflation was steady in August at 0.1 percent. The lower August inflation rate was traced mainly to slower price increases of some food items, particularly corn, meat, and vegetables. On the other hand, inflation rates of most non-food commodities rose in August, including housing, water, electricity, gas, and other fuels which turned positive after declining for 20 consecutive months inflation/PAGE 9

August inflation lower at 1.8%


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7

CorporateWorld

Auto sales post highest growth in August

S

ALES of automotive vehicles in the Philippine market for the month of August registered the highest month-to-date growth for 2016.

The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) reported Thursday that

Globe’s promo registration number changed to 8080 STARTING immediately, postpaid and prepaid mobile customers of Globe Telecom may use 8080, instead of 8888, in sending promo registrations through text or SMS. The changeover follows the company’s compliance with a government request to use 8888 as the government’s complaint hotline, which became operational last August 1 as wel l. The substitution is also in support of nation-building. As a transitory procedure, customers sending promo registrations to 8888 will receive response from 8080 effective immediately until November 30, when 8888 will no longer be available for Globe transactions. This means that promo registrations sent to 8888 from November 30 onwards will no longer be processed. “As a telecommunications provider, we recognize the importance of communication for t he gover nment to

effectively address loopholes in government service for the benefit of the country as a whole, thus our decision to give way to the government’s request to use 8888 as its complaint hotline,” Globe General Counsel Atty. Froilan Castelo said. Aside from texting 8080 for promo registrations, Globe customers may also use *143# to generate a USSD code and register to a call, text or surfing promo of their choice. In addition to giving way for the government’s request to utilize 8888 as a government complaint hotline, Globe is also providing access to both 911, the government’s emergenc y hotline and 8888 beginning last August 1. Globe is also providing inbound and outbound SMS accessibility for 2286 (Bato), a SMS hotline for the public to directly report incidents to the Philippine National Police.

Medical assistance program at JRBGH OKd CAGAYAN DE ORO CITY -- The 18th City Council during its 9th regular session unanimously approved Ordinance No. 13119-2016, authorizing the city mayor to enter into and sign the Memorandum (MOA) of Agreement with the JR Borja General Hospital and the Department of Health-10, covering the Medical Assistance Program (MAP) to be extended to JR Borja General Hospital amounting to P6,930,000 for t h e m arg i n a l i z e d constituents of Cagayan de Oro city. Under the MOA, the DOH-10 shall ensure the compliance of all parties of the MAP, as provided for in the guidelines, issue a guarantee letter to JR Borja General Hospital for eligible patients through its Public Information and Assistance Desk (PIAD), among others. The MOA provides that the JR Borja General Hospital shall facilitate the implementation of approved medical assistance to eligible patients, ensure the availability of medicines, medical supplies, and other health care services needed by the eligible patients and in the event of non-availability of those medicines, medical

supplies, and other health care services, it may enter into contract with DOH10 accredited health care providers (like hospitals, pharmacies) within its area to provide the same to the eligible beneficiaries, secure post audit review from the COA over any and all transactions related to the medical assistance and submit its findings thereof to DOH-10 immediately upon availability, among others. Meanwhile, the city government shall ensure the availability of medicines, medical supplies, and other health care services needed at the hospital and its compliance of all reportorial responsibilities, and be jointly accountable with the JR Borja General Hospital for all accounts intended to be covered under the program which shall no longer be accommodated and funded by DOH-10 by reason of the termination of the agreement. The MOA was reviewed and endors e d by t he committees on health, sanitation and health i nsur anc e chai re d by Councilor Maria Lourdes Gaane and on laws and rules chaired by Councilor Ian Mark Nacaya. (JAO/ SP)

auto sales for August this year has increased by 40.1 percent to 32,742 units from 23,181 units in the same month in 2015. The month-to-date sales growth in August surpassed the record 36.4 percent growth in June. CAMPI President Rommel Gutierrez said the strong growth in

Au g u s t s upp or t s t h e industry’s revision of its 2016 target. The local automotive industr y increased its target from 350,000 unit sales to 370,000 units by end of this year. “Wit h c ons i s t e nt i n c re a s e i n m ont h l y sales, we believe that we can reach 370,000 units

sales by end of 2016,” said Gutierrez. The increment in sales in August was pushed by robust sales in commercial vehicles which jumped by 66.1 percent to 21,336 units from 12,847 units in August 2015. Light commercial vehicles supported the segment’s growth with

sales recorded at 13,127 units, up by 64.4 percent from last year’s figure of 7,984 units. Asian utility vehicle sales posted 40.8 percent growth to 5,734 units from 4,071 unit sales. All truck segments registered three-digit growth led by light trucks w hich surged by 227 percent to 1,527 units, while sales of trucks and buses categories IV and V jumped by 193.1 percent to 639 units and 188.8 percent to 309 units, respectively. Passenger car sales also increased in August by 7.8 percent to 11,136 units this year from 10,334 units in the previous year. Total industry sales from January to August this year posted 28.3 percent growth as sales increased to 229,919 units from 179,215 units in the same period in 2015. Market leaders include Toyota, Mitsubishi, Ford, Isuzu, and Honda. (PNA)


8

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SEIPI inducts new member Converge ICT to power-up Semiconductor and Electronics Industries with pure fiber technology

Converge ICT, a provider of world-class ICT products and personalized services to customers in the Philippines, was recently inducted as one of the newest members of the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) during the organization’s 125th general

industry and be at par with the global setting. “We are honored to be a member of such a respected and relevant association,” Romero added, “We are anxious to extend to the members the benefits of fiber technology that will help boost their productivity and improve operational

membership meeting held at the Waterfront Hotel, Lahug City, Cebu. Converge Chief Operating O f f i c e r Je s u s R o m e r o attended the said event as a representative of the company. He said that both Converge ICT and SEIPI aim to contribute innovations in order to uplift the electronics

efficiency.” Among the topics discussed during the event were the policies, actions, investments and innovations, of the member companies as well as the reforms and services for the semiconductor and electronics industry. As the leading innovator

of pure fiber cable and telecommunications technology, Converge ICT improves the operational efficiency of the electronics industry with its array of fiber-powered products and services. It has laid more than 6,700 km. of fiber optics cables (FOC) beneath the

ground nationwide using the latest micro-trenching technology. This makes for Converge ICT to deliver symmetrical connection among its subscribers. These cables are composed of thin fibers known as fiber optics made of lightweight, durable, and non-flammable seipi/PAGE 9

P CINEMA 2 WEDNESDAY-TUESD

CINEMA 1

CINEMA 2

*PETES DRAGON* WEDNESDAY TO TUESDAY SEPT. 07 TO SEPT.13, 2016

TRAILER: 11:20 START: 11:40 01:45 03:50 05:55

-

11:40 01:25 03:30 05:35 07:40

PARTIAL: 11:00 START: 01:00 03:20 05:40 -

12:40 03:00 05:20 07:40

06:00 - 0 LFS:

CINEMA 3

*TRAIN TO BUSAN* WEDNESDAY TO TUESDAY SEPT. 07 TO SEPT. 13, 2016

08:00 - 09:45

LFS:

08:00 - 10:00

CINEMA 4

*MORGAN*

*CURSE OF THE WITCHING TREE*

WEDNESDAY TO TUESDAY SEPT. 07 TO SEPT. 13, 2016

PARTIAL: 11:00 START: 12:20 02:15 04:10 06:05 -

LFS:

WEDNESDAY TO TUESDAY SEPT. 07 TO SEPT. 13, 2016

12:00 01:55 03:50 05:45 07:40

PARTIAL: 11:00 - 12:30 START : 12:40 - 02:20 02:30 - 04:10 04:20 - 06:00 06:10 - 07:40

08:00 - 09:35

LFS:

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 1Oth Judicial Region Branch 41 Cagayan de Oro City PETITION FOR EXTRA JUDICIAL EJF NO. 2016-388 FORECLOSURE OF REAL ESTATE MORTGAGE UNDER4 ACT 3135 AS AMENDED BY ACT 4118 FOR: HOME DEVELOPMENT MUTUAL FUND ( PAG-IBIG ) Petitioner, EXTRA-JUDICIAL FORECLOSURE REAL ESTATE MORTGAGE ROWENA Z. BERNASOL Respondent. x----------------------------------,

TRANSFER CERTIFICATE OF TITLE NO. T-136-2012000628 LOT PORTION OF LOT AS SURVEYED FOR LAND USE LOCATION AREA

: : : : : :

14 Blk-19, Psd-10-059077 2, Pcs-10-003972 Johndorf Ventures Corporation (Pag-ibig Citi Homes Phase 2) Residential Malanang, Opol, Misamis Oriental ONE HUNDRED TEN (110) SQ. M. more or less Including all Improvements found thereon

All sealed bids must be submitted to the undersigned on the abovestated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the property herein-above described and encumbrances thereon, if any there be.

Cagayan de Oro City, August 16, 2016.

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte

Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch-20 Cagayan de Oro City HOME DEVELOPMENT MUTUAL FUND ( PAG-IBIG ) , Petitioner/Mortgagee,

EJF FILE NO. 2016-393

-versusLYNETTE H. DELLOSA married to ROMEL S. DELLOSA. Respondent/Mortgagor. X----------------------------------------------/ OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL FORECLOSURE EJF-FILE NO. 2016-393

NOTICE OF EXTRA-JUDICIAL SALE Upon extra-judicial petition for sale under Act No. 3135/4118 filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG ), against ROWENA Z. BERNASOL, single, of legal age, Filipino citizen with postal address at C/O GANGGANG TIMPLA, AGORA EXTENSION, LAPASAN NEAR AYOP STORE, CAGAYAN DE ORO CITY, to satisfy the mortgage indebtedness which as of August 3, 2016 amounts to THREE HUNDRED THREE THOUSAND NINETY FOUR PESOS & 74/100 (P303,094.74), Philippine Currency, inclusive of interest, penalties, charges, attorney’s fees and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on October 14, 2016 at 10:00 A.M. at the main entrance of this Court, Regional Trial Court, Branch 41, Capitol Compound, A Luna St., Cagayan de Oro City, to the highest bidders, for cash or manager’s check and in Philippine Currency, the following personal properties, to wit:

08:00 - 09:40

Upon extra-judicial petition for sale under Act No. 3135 as amended by Act No. 4118, filed by HOME DEVELOPMENT MUTUAL FUND ( PAG-IBIG ), a corporation duly organized and existing under Philippine Laws, with principal office address at The Atrium of Makati Ave., Makati City. Against LYNETTE H. DELLOSA married to ROMEL S. DELLOSA , both of legal age, married, Filipino, with postal address at Door Montano Apt., San Nicolas St., Kauswagan, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of July 19, 2016, amounted to ONE MILLION SEVEN HUNDRED EIGHTY FIVE THOUSAND SEVENTY & 35/100 PESOS (Php1,785,070.35), Philippine Currency, inclusive of interest and penalty charges, attorney’s fees and expenses of foreclosure, the undersigned or duly authorized deputy will sell at Public Auction on OCTOBER 28, 2016, at 10:00 a.m. or soon thereafter at the main entrance of the Tourism Hall Building, at City Hall of Cagayan de Oro City to the highest bidder, for CASH or Manager’s Check in Philippine Currency, the following property/ies described below with all the improvements included, to wit: TRANSFER CERTIFICATE OF TITLE NO. 137-2015001121 ‘’ A PARCEL OF LAND with all IMPROVEMENTS THEREON ( LOT 18, Block 13, PSD-10-058579, Portion of LOT: Lot 1, PCS10-004054; Land Use: ( Residential) Location : Carmen, Cagayan de Oro City. Island of Mindanao Xxx Containing an area of ONE HUNDRED FIVE (105) sq.m. Registered in the name of LYNETTE H. DELLOSA married to ROMEL S. DELLOSA. All sealed bids must be submitted to the undersigned on the abovestated 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- describe encumbrances thereon, if any there be. Done this 16th day of August, 2016, at Cagayan de Oro City, Philippines.

(Sgd.) ALDEN V. SAMBAAN Sheriff IV

BWM: Sept. 9, 16 & 23, 2016

BWM: Sept. 9, 16 & 23, 2016

(Sgd.) CELESTIAL VENUS G. GELBOLINGO Sheriff IV

IN RE: PETITION FOR CORRECTION OF ENTRY IN THE CERTIFICATE OF LIVE BIRTH OF MIRAFLOR DIANGO CAŇEDA UNDER THE CHILD’S MIDDLE NAME FROM DIANGO TO DAYANGCO; MOTHER’S MAIDEN NAME FROM MATILDE DIANGO TO MATILDE DAYANGCO and TO CLARIFY THE DATE OF BIRTH IN THE PSA COPY TO 30 OCTOBER 1986 MIRAFLOR D. CAŇEDA,

- versus –

SPL. PROC. NO. 322-07-2016 For: Correction of Entry

Petitioner,

THE LOCAL CIVIL REGISTRAR OF TUBOD, LANAO DEL NORTE, Respondent.

x-------------------------------------/ ORDER This is a petition for correction of entry in the Certificate of Live Birth of Miraflor D. Cañeda, praying among others that after notice and hearing, an Order be issued directing the Respondents to effect the correction sought for. Petitioner alleges that she is of legal age, single, and a resident of Purok 1, Camp 5, Tubod, Lanao del Norte. Public Respondent is sued in her official capacity. She was born to spouses Fresco Cañeda and Matilde Dayangco at Camp 5, Tubod, Lanao del Norte. However, said Certificate of Live Birth contains erroneous entry as to his Middle Name and the last name of Mother’s Maiden Name. Her middle name should have been DAYANGCO instead of DIANGO, the last name of her mother maiden name. To support her petition are the Certificate of Live Birth of her mother likewise the Marriage Contract of her parent. The date of birth of petitioner in the said Certificate of Live Birth in the copy generated from the Philippine Statistics Authority is not legible specifically the year – 1986. There is a need to clarify the date of birth to 30 October 1986, as compared to the copy of said certificate on file in the Respondent’s office. That petition is filed in good faith and is not intended to conceal the commission of a crime and/or defeat the investigation and prosecution of the same but with the sole intention to straighten the record of her birth, as to avoid confusion and future inconveniences. Set the initial hearing of the petition to December 5, 2016 at 8:30 in the morning before the sala of this Court. Furnish copy of this Order to the office of the Solicitor General at Makati City, Office of the Local Civil Registrar in Tubod, Lanao del Norte, the Public Prosecutor’s Office, to Atty. Dorothea Basalo of Poblacion, Tubod, Lanao del Norte and to the petitioner Miraflor Cañeda, at her known address. The petitioner is hereby directed to publish copy of this Order in a newspaper of general circulation within the province of Lanao del Norte for three (3) consecutive weeks, at her expense. Any person/s interested to the petition may come to Court on the scheduled date of initial hearing to show cause why said petition should not be granted. SO ORDERED. Tubod, Lanao del Norte. September 2, 2016. BWM: Sept. 9, 16 & 23, 2016

(Sgd) DENNIS P. VICOY Acting Presiding Judge


9

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Projects... from page 2

and the arts, production of new creative works, cultural studies and cultural exchange. Other strategies where NCCA can provide grants are Mindanao Regional Culture and Arts Centers, assistance for LGUs on establishment of guidelines for builtenvironment, Mindanao indigenous creative response on disaster risk reduction and management, youthoriented and culture-focused formation program in the Autonomous Region for Muslim Mindanao and Indigenous Peoples areas, Mindanao capability building creative skills share. Talavera said the slots have been expanded yet it will be competitive as the NCCA is keen on providing grants to persons or groups who has the capacity to create the projects this to ensure the completion of the projects that would benefit the region. The grants are sourced from the NCCA’s National Endowment Fund which is taken from 10% of the travel tax. The proposals will face scrutiny and evaluation

to ensure the proponents’ capacity to implement these projects. Interested proponents can log-in at www.ncca.gov. ph for further details and downloading of electronic forms. (PIA/RG Alama)

Hurst... from page 4

the one who has to live with our guilt and God’s judgment that we can never escape. So don’t fool yourself—you WILL pay for it! But today that can all change and you can be free. You can ask Jesus to forgive you for the cheating you’ve done in your life, and to give you the willpower you need to start changing and living His truly successful, honest way every day. It’s only then that you can get the real happiness and peace of mind you can’t find anywhere else. Just Think a Minute…

Inflation... from page 6

since December 2014. Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. noted that the latest inflation reading was consistent with the BSP’s assessment that

EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF PARCEL OF LAND

EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF PARCEL OF LAND

KNOWN BY ALL MEN BY THESE PRESENTS: this EXTRAJUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE is made and executed this 3rd day of November 2015 in the City of Cagayan de Oro, Philippines, by and between: the HEIRS OF FELISA A. ISRAEL, represented herein by surviving spouse NORBERTO P. ISRAEL, SR. AND THEIR LEGITIMATE CHILDREN NAMELY: ALAN APARTE ISRAEL. of legal age, Filipino citizen, residence address at Aluba Village Subd., Cagayan de Oro City, JOY SILVA ISRAEL CUBILLAN, of legal age, Filipino citizen, residence at Zone 1, Bulua, Cagayan de Oro City, NORBERTO APARTE ISRAEL, JR., MA. FELISA ISRAEL UY AND VERNON APARTE ISRAEL, all of legal age, Filipino Citizen, all married, all residence and postal address at Ebarle St., Corrales Avenue, Cagayan de Oro City, hereinafter referred to as the VENDORS/HEIRS; AND JANE ISRAEL CUBILLAN, of legal age, Filipino citizen, single, with residence and postal address at Zone 1, Bulua, Cagayan de Oro City, hereinafter referred to as the BUYER/VENDEE; that the abovenamed parties, are all of legal age, are the legitimate children and sole heirs of the deceased FELISA A. ISRAEL, who died on October 06, 2014 in Ebarle St., Corrales Ave., C.D.O. without leaving behind any LAST WILL AND TESTAMENT and without any outstanding debts in favor of any person or entity. That the said deceased, at the time of their death, they left a Parcel of Land situated in CAMAMAN-AN, CAGAYAN DE ORO CITY and more particularly A PARCEL OF LAND, known as Lot 41277-D situated in the Barrio of Camaman-an, City of Cagayan de Oro and Island of Mindanao, containing an area of TWO HUNDRED (200) SQUARE METERS, more or less, declared in the HEIRS of FELISA A. ISRAEL is the subject of “EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF PARCEL OF LAND”. Under the Notary Public of EMELITO J. MARQUIÑO, per Doc. No. 369; Page No. 73; Book No. XI; Series of 2015.

KNOWN BY ALL MEN BY THESE PRESENTS: this EXTRAJUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE is made and executed this 3rd day of November 2015 in the City of Cagayan de Oro, Philippines, by and between: the HEIRS OF FELISA A. ISRAEL, represented herein by surviving spouse NORBERTO P. ISRAEL, SR. AND THEIR LEGITIMATE CHILDREN NAMELY: ALAN APARTE ISRAEL. of legal age, Filipino citizen, residence address at Aluba Village Subd., Cagayan de Oro City, JOY SILVA ISRAEL CUBILLAN, of legal age, Filipino citizen, residence at Zone 1, Bulua, Cagayan de Oro City, NORBERTO APARTE ISRAEL, JR., MA. FELISA ISRAEL UY AND VERNON APARTE ISRAEL, all of legal age, Filipino Citizen, all married, all residence and postal address at Ebarle St., Corrales Avenue, Cagayan de Oro City, hereinafter referred to as the VENDORS/HEIRS; AND JEZEBEL ISRAEL CUBILLAN, of legal age, Filipino citizen, single, with residence and postal address at Zone 1, Bulua, Cagayan de Oro City, hereinafter referred to as the BUYER/VENDEE; that the above-named parties, are all of legal age, are the legitimate children and sole heirs of the deceased FELISA A. ISRAEL, who died on October 06, 2014 in Ebarle St., Corrales Ave., C.D.O. without leaving behind any LAST WILL AND TESTAMENT and without any outstanding debts in favor of any person or entity. That the said deceased, at the time of their death, they left a Parcel of Land situated in CAMAMAN-AN, CAGAYAN DE ORO CITY and more particularly A PARCEL OF LAND, known as Lot 41277-D situated in the Barrio of Camaman-an, City of Cagayan de Oro and Island of Mindanao, containing an area of TWO HUNDRED (200) SQUARE METERS, more or less, declared in the HEIRS of FELISA A. ISRAEL is the subject of “EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF PARCEL OF LAND”. Under the Notary Public of EMELITO J. MARQUIÑO, per Doc. No. 368; Page No. 73; Book No. XI; Series of 2015.

BWM: Aug. 26, Sept. 2 & 9, 2016

BWM: Aug. 26, Sept. 2 & 9, 2016

inflation remains manageable and will approach a targetconsistent path over the policy horizon. Going forward, the BSP will continue to monitor external developments and emerging price conditions to ensure that the monetary policy stance remains in line with price and financial stability.

SEIPI... from page 8

materials that are less susceptible to corrosion. Copper cables, a conventional material for telephone and internet lines, corrode that leads to downtime or the sudden interruption in the flow of data. Romero noted that “As purefiber technology exhibits these capabilities, we also intend to power up the semiconductor and electronics industry, especially our co-SEIPI member institutions, with fiber-powered infrastructure and application based solutions and services.” The company has already connected its pure fiberpowered capabilities to cities in the metro like San Juan, Las Pinas, Manila, Quezon City, Mandaluyong,

Marikina, Makati, Pasig, Taguig, CAMANAVA Area, Pasay, and Muntinlupa, as well as in Central Luzon including Olongapo, Angeles in Pampanga and Tarlac. Meanwhile, Converge ICT is among SEIPI’s 285 members that are from both private and public institutions all throughout the country. As the country’s foremost association of foreign and domestic semiconductor and electronics manufacturers, i t a d v o c a t e s q u a l i t y, productivity, and innovation in the electronics industry by encouraging networking and sharing of information among its members. The semiconductor and electronics industry is the biggest contributor to the country’s gross domestic product (GDP). As of the first quarter of 2016, it accounted for $6.63 billion in the first quarter of 2016 from $6.34 billion in the same period last year. Converge ICT belongs to the telecommunication electronics sector. This sector posted the largest share in the electronics industry export with $221 million, a 149.5 percent increase as compared to $88.48 million in the previous year.

Republic of the Philippines REGIONAL TRIAL COURT OF LANAO DEL NORTE 12TH Judicial Region BRANCH 07 Tubod, Lanao del Norte IN RE: PETITION FOR CORRECTION OF ENTRY IN THE CERTIFICATE OF LIVE BIRTH OF ROMEL NASARA UNDER NAME OF CHILD FROM ROMEL NASARA TO ROMIL MANSUETO NASARA and DATE AND PLACE OF MARRIAGE OF PARENTS FROM JAN. 1967, TUBOD, LANAO DEL NORTE TO DECEMBER 12, 1967, DANAO CITY, CEBU GLENITA MANSUETO NASARA,

- versus –

SPL. PROC. NO. 323-07-2016

Petitioner,

THE LOCAL CIVIL REGISTRAR OF TUBOD, LANAO DEL NORTE, Respondent.

x-------------------------------------/ ORDER This is a petition for correction of entry in the Certificate of Live Birth of Romil M. Nasara otherwise known as Romel M. Nasara filed by his mother, Glenita Mansueto Nasara on August 17, 2016, praying among others that after notice and hearing, an Order be issued directing the Respondent’s office to effect the correction sought for. Petitioner alleges that she is of legal age, Filipino, married and a resident of Pigcarangan, Tubod, Lanao del Norte. Respondent is sued in her official capacity. Petitioner married ROMEO NASARA at Danao City, Province of Cebu on December 12, 1967. They have a child named ROMIL MANSUETO NASARA who was born at Pualas, Tubod, Lanao del Norte on April 14, 1969 and the facts of his birth was registered at the Respondent’s office. However, his Certificate of Live Birth contains erroneous entries as to his first name entered as ROMEL instead of ROMIL, the first name that he has been using ever since. The Middle Name which is the surname of the maiden name of Petitioner-MANSUETO was omitted, the middle name that appears in all his record of importance. The Date and Place of Marriage of Parents is erroneous as entered thereon is Jan. 1967, Tubod, Lanao del Norte when it should have been December 12, 1967, Danao City, Cebu. To prove that her son is known as ROMIL MANSUETO NASARA, she attached to the records her son’s PASSPORT No. EB9925098, Police Clearance Data Card, Company ID, PAG-IBIG No. 0001 0050442. She comes to Court to seek remedy for the correction of entries aforementioned with the sole intention to straighten the records of birth of her son so as to avoid confusion and future inconvenience. She filed the instant petition in good faith and is not intended to conceal the commission of a crime and/or defeat the investigation and prosecution of the same. Set the initial hearing of the petition to December 5, 2016 at 8:30 in the morning before the sala of this Court. Furnish copy of this Order to the office of the Solicitor General at Makati City, Office of the Local Civil Registrar in Tubod, Lanao del Norte, the Public Prosecutor’s Office, to Atty. Dorothea Basalo of Poblacion, Tubod, Lanao del Norte and to the petitioner, of Pigcarangan, Tubod, Lanao del Norte. The petitioner is hereby directed to publish copy of this Order in a newspaper of general circulation within the province of Lanao del Norte for three (3) consecutive weeks, at her expense. Any person/s interested to the petition may come to Court on the scheduled date of initial hearing to show cause why said petition should not be granted. SO ORDERED. Tubod, Lanao del Norte. September 2, 2016. BWM: Sept. 9, 16 & 23, 2016

(Sgd) DENNIS P. VICOY Acting Presiding Judge

DTI to accredit service, repair shops in accord with PD 1572 ILIGAN CITY— In a Fair Trade Laws briefing to around 30 participants from service and repair shops in Iligan City, the Department of Trade and Industr y (DTI), Technical Education and Skills Development Authority (TESDA), and the Local Government Unit of Iligan, pushed for complying with the provisions of Presidential Decree (PD) 1572 to continue operating their businesses. Pursuant to Section 1 of PD 1572 - Empowering the Secretary of Trade to Regulate And Control the Operation of Service and Repair Enterprises For Motor Vehicles, Heavy Equipment and Engines And Engineering Works; Electronics, Electrical, Airconditioning and R e f r i g e r at i on ; O f f i c e Equipment; Medical And Dental Equipment; And Other C onsumer Mechanical and Industrial Equipment, Appliances or Devices, including the Technical Personnel Employed therein, no such ser vice or repair enterprises and technical personnel shall be licensed or permitted to operate in the Philippines for the first time without first being accredited by the Department of Trade. DTI Consumer Welfare Division Chief Elvira G. Redublado said that it’s now high time for service and repair shops to be accredited by the DTI after the onslaught of Typhoon

Sendong in December 2011. “ We u n d e r s t a n d your situation after the devastating ef fects of Typhoon Sendong. But please try to understand us also, as a government agency mandated to regulate your business activities, in requiring you to comply with the requirements as provided for by the law. You were given ample time already,” Redublado said to the participants. While Dr. Cenil G. Cortes of TESDA told the attendees, that before TESDA can help you out in the issuance of a national certificate (NC) or certificate of competency (COC) to your employees-technicians as one requirement for DTI accreditation, you are advised to first secure a self-assessment guide and ask for the agency’s experts in the evaluation of skills and competencies. Meanwhile, Iligan City Mayor’s Office Permits and License Division Head Carmen P. Magnaye said, because of the President’s pronouncement on prompt processing and release of business permits, we are glad to inform you that it would only take an hour to process your applications, but have your shop first accredited by the DTI. The briefing was held at the Negosyo Center Training Room, DTI-Lanao del Norte Provincial Office in Pala-o, this city. (Angelo A. Devero, STIDS/DTILDN/PIA-10 LDN)

Republic of the Philippines Province of Misamis Oriental Municipality of Naawan OFFICE OF THE MUNICIPAL CIVIL REGISTRAR Publication Notice RA 10172 NOTICE TO THE PUBLIC In compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-01, Guidelines in the implementation of the Administrative Order No. 1, Series of 2013 (IRR of RA 10172), Notice is hereby served to the PUBLIC that BENGIE B. DUMALAGAN-CHUA has filed with this Office a petition for correction in the entry of sex from ‘’MALE’’ to ‘’FEMALE’’ in the Certificate of Live Birth of BENGIE B. DUMALAGAN-CHUA who was born on May 24, 1972 at Maputi, Naawan, Misamis Oriental and whose parents are ANASTACIO B. DUMALAGAN and LINDA S. BASLOT. Any person adversely affected by said petition may file his written opposition within this office not later than September, 2016. (Sgd.) MARLON S. DACOCO Municipal Civil Registrar

BWM: September 2 & 9, 2016

Republic of the Philippines Province of Misamis Oriental Municipality of Initao -oOoNOTICE TO THE PUBLIC CCE – 0033-2016 R.A 10172

Date: September 6, 2016

In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. 2013-1 Guidelines in the Implementation of the Administrative Order No. 1 Series of 2012 (IRR on R.A 10172), Notice is hereby served to the public that REJILIN E. BOBADILLA has filed with this office, a petition for change of first name from ‘’ ‘’ to ‘’ ‘’ and correction of entry in sex from ‘’MALE’’ to ‘’FEMALE’’ or correction of entry in the date of birth from ‘’ ‘’ to ‘’ ‘’ in the certificate of live birth of REJILIN O. ESPINOSA at Initao, Misamis Oriental and whose parents are VICTORIANA R. ORBANIA and LEOPOLDO S. ESPINOSA. Any person adversely affected by said petition may file his written opposition with this office not later than September 30, 2016. BWM: Sept. 9 & 16, 2016

(Sgd.) ISAIAS A. JARALES Municipal Civil Registrar


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friday|september 9, 2016

Meet... from page 1

“The Philippines and the US have a longstanding partnership [and] relationship. There will be bumps along the way... But it won’t hurt to have a popular President on our side,” the senator said. Earlier this week, Cayetano said that he had written an open letter to Obama appealing for the US government to help the Philippine government pursue an independent foreign policy. He also appealed to Obama not to misjudge Duterte for the way he speaks as he has often been discredited by his critics. (PNA)

Brownout...

from page 1 the Mindanao coal plant “is the biggest investment we have made among t he nu me rous ve ntu re s we have u nd e r t a ke n i n t h e r e g i o n .” It s o t h e r investment areas are in real estate, banking and Mindanao’s sugar industry. According to the project sponsor-f irm, the third unit of another 1 3 5 M W c ap a c i t y i s u p for grid synchronization w it hin t he f irst ha lf of this month. Mindanao suffered years of rotating brownouts before investors came in to plug lingering supply deficiency in the grid.

FDCUI had been among the companies that responded to government’s call for fresh power investments in the area. According to FDCUI President and Chief Operating Officer Mario Pangilinan, the plant is already contributing roug h ly 2 0 0 meg aw atts to Mindanao grid’s supply. “ S o far, the commissioning test has been running smoothly and we expect to attain the full capacity of 405MW by this month,” he said. Ambrocio Rosales, Officer-in-Charge Head of Mindanao System Operations of the National Grid Corporation of the Philippines (NGCP) noted that the operation of the FDC Misamis power project “will greatly boost supply security in the Mindanao region.” He qualified that this is not only due to its massive capacity but because of its “strategic connection to the grid,” with the system operator promising more reliable and higher power qu a l it y s e r v i c e mov i ng for ward. Pangilinan further emphasized that the newly commissioned facility will also diversify to a greater degree the power source of Mindanao, which had relied traditionally on t h e c ycl i c a l op e r at i ons of the Agus-Pulangui hydropower complex.

This EXTRAJUDICIAL SETTLEMENT, made and entered into by and among: RAFAEL ELEAZAR R. LAGO, RESURRECION L. PADERO, NOEMI L. CHING, EMMANUEL R. LAGO and ANTONIO R. LAGO, both of legal age, Filipino Citizens, married and a resident of North Poblacion, Medina, Misamis Oriental, and DANITA R. LAGO and MYLA R. LAGO, both of legal age, single and a resident of North Poblacion, Medina, Misamis Oriental; WITNESSETTH: That the above-named parties, all of legal ages are the surviving heirs of the late RAFAEL T. LAGO, SR., who died without any will on September 2, 2015; That the said deceased, before his death, left a parcel of land and all the improvements thereon, situated at North Poblacion, Medina, Misamis Oriental, more particularly Lot 17-C-3-B-5, Psd104319020222. Containing an area of FOUR HUNDRED THIRTY (430) square meters, more or less. Declared in the heirs of the late RAFAEL T. LAGO, SR. Under Notary Public of DALE BRYAN D. MORDENO. Per Doc. No. 445; Page No. 89; Book No. LXXXVII; Series of 2016. BWM: Sept. 2, 9 & 16, 2016

from page 1

This, even as Mr. Mariano indicated that the Tarlac Development Corporation case inside Hacienda Luisita wherein parcels of land were ordered awarded to tillers was just the beginning. “My office will exhaustively re vie w all pending cases involving large land companies. And if it’s determined that they are indeed covered by CARP, then we will immediately award them to the farmers,” he said. Ninety-percent of the 621,000 hectares marked for CARP coverage are privately owned by large companies. “Most of these are problematic, contentious landholdings,” Mr. Mariano said. Despite that, the former Left-leaning congressmanturned-agrarian reform secretary was pleased to hear that 94 percent of CARPcovered land in Northern Mindanao has already been acquired and distributed. The 304,475 hectares are spread out in five provinces – Bukidnon (164,492), Lanao del Norte (77,141), Misamis Oriental (36,957), Misamis Occidental (28,372) and Camiguin (2,513). Only 20,500 hectares are yet to be distributed. Mr. Mariano also awarded certificate of land ownership agreements (CLOAs) for 700 hectares in the municipalities

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 44 Initao, Misamis Oriental

EXTRAJUDICIAL SETTLEMENT OF ESTATE KNOWN ALL MEN BY THESE PRESENTS:

Alarmed...

IN THE MATTER OF PETITION SPEC. PROC. NO. 2016-1371 FOR ADOPTION OF MINORS BREANNE CAMILE GALARPE YABO AND ARIANNE NICOLE LACNO YABO FOR: ADOPTION SPOUSES GARY LEE YOUNG AND ERMA YABO YOUNG Petitioners. X---------------------------------------------, ORDER This petition seeks for the adoption of minors Breanne Camile Galarpe Yabo and Arianne Nicole Lacno Yabo, by the petitioner Spouses Gary Lee Young and Erma Yabo Young. Finding the petition sufficient in form and substance, the same is hereby given due course. Let the hearing be set on OCTOBER 24, 2016 at 8:30 o’clock in the morning, at this Court sitting at the Hall of Justice, Poblacion, Initao, Misamis Oriental. At the expense of the petitioner, let a copy of this Order be published once a week, for three consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental. The office of the Department of Social Welfare and Development, Regional Field Office X, Cagayan de oro City is hereby directed to conduct a home and child study on the adopting parents, the natural parents and the child to be adopted. He or She is also directed to conduct couseling session with the biological parents of the child to be adopted. The reports thereof shall be submitted to this Court within sixty (60) days from the receipt of this order. Petitioner is directed to make arrangement with the Court Social Worker for the scheduling and incidental expenses in conducting the case study. Let copy of the Order and the Petition be furnished the Office of the Solicitor General, the Office of the Provincial Prosecutor, the Office of the Local Civil Registrar of Initao, Misamis Oriental and the Department of Social Welfare and Development, Regional Field Office X, Cagayan de oro City.

SO ORDERED,

July 14, 2016, Initao, Misamis Oriental.

of Maramag, Pangantucan, Talakag and Lantapan in Bukidnon benefiting 330 farming households and 187 hectares for Kolambugan, Lanao del Norte benefiting 155 farmers.

Eid’l...

from page 1 The declaration was made under Proclamation No. 56, signed by Executive Secretary Salvador Medialdea on Sept. 5. Republic Act No. 9849 which was signed into law on December 11, 2009 under President Gloria MacapagalArroyo declared Eid’l Adha as a national holiday but with a “movable date,” depending on the sighting of the moon. The law provides that the implementation shall be supervised by the Office on Muslim Affairs (now National Commission on Muslim Filipinos). The declaration of Sept. 12 as a national holiday is in line with the recommendation of the NCMF, Proclamation 56 said. Eid’l Adha is one of Islam’s two major festivals celebrated by 1.6 billion Muslims around

the world. It is celebrated yearly to mark the end of Hajj, the pilgrimage to Mecca and to commemorate Prophet Ibrahim’s (Abraham among Christians) act of sacrificing his eldest son, Ishmael. God spared the boy’s life and instead gave Abraham a lamb to sacrifice. Worldwide, Eid’l Adha is observed through a gathering of the Islamic community in prayer, and sacrificing a lamb or goat and distributing its meat to family, friends and relatives, particularly the poor. (MindaNews)

Talks...

from page 1 month to join the peace negotiations between the government and the Communist Party of the Philippines (CPP)-NDF in Oslo last August 22. “We observed that the government panel listens to the NDF consultants, which made the initial peace talks a success,” Mapano said. He said that unlike the previous discussions, the atmosphere at the negotiating t abl e i n Osl o b e t we e n representatives of the CPP-

NDF and the government was cordial. Codaste said that without a miscarriage of the peace talks, the attainment of lasting peace between the Communist movement and the Philippine government would likely succeed. “I hope that no major obstacle would take place while the peace negotiation is in progress. After all, we find out that the government is sincere in the forging of a lasting and durable peace agreement with the NDF,” Codaste said. The two NDF consultants are out on bail and would remain free until the duration of the peace talks. They are temporarily staying at the Archbishop’s house here. If the negotiation fails, the two NDF consultants would come home to be locked up again in prison and be made to answer the criminal charges filed against them. President Rodrigo Duterte has reached out to Communist and Moro rebel groups, in a bid to end the armed conflict in the country and attain lasting peace during his administration. (PNA)

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 25 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF AUCTION SALE EJF No. 2016-420 Upon Extra-Judicial petition for sale under act 3135 as amended, filed by WEALTH DEVELOPMENT BANK CORPORATION, (WEALTH BANK) for brevity, Petitioner-Mortgagee, represented by DANILO A. AQUINTO, in his capacity as Executive Vice President & Chief Operations officer of WEALTHBANK, against SPS. LUIS A. JAINGA and CLEOPATRA B. JAINGA, Mortgagors, with residential address at Block 01, Lot 28, Villa Nena Subdivision, Balulang, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of July 12, 2016, amounts to TWO MILLION FORTY FOUR THOUSAND ONE HUNDRED FORTY FOUR PESOS 7 96/100 ( P2,044,144.96) outstanding obligation, Philippine Currency, including interest, penalties, and other charges, plus other fees, and incidental expenses of the foreclosure and sale, the undersigned Sheriff or his deputies will sell at public auction on October 14, 2016, at 10:00 o’clock in the morning or soon thereafter at Regional Trial Court, Branch 25, Temporarily holding office at the City Tourism Hall, City Hall Compound, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the real property described herein below, with all existing improvements found thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-68898 ‘’A parcel of land (Lot 28, Block 1, of the cons. Subd.’’ Plan, Pcs-10-000990, being a portion of Lot 3046-B-1-B-3-A & Lot 3046-B-1-B-3-B, Psd-104305015907, situated in the Barangay of Balulang, City of Cagayan de Oro, Province of Misamis Oriental, Island of Mindanao. Bounded on the NE., along line 1-2 by Road Lot 2 of the cons. Subd. Plan. Xxxx Containing an area of ONE HUNDRED SIXTY THREE (163) square meters more or less, registered in the name of LUIS A. JAINGA married to CLEOPATRA B. JAINGA.’’ Prospective buyers/bidders may investigate for themselves the title of the herein property above-mentioned and all encumbrances thereon, if any there be. In the event that the said auction sale on October 14, 2016, will be declared holiday or non-working day, the same will continue on the next working day without need of further notice, publication and posting.

Cagayan de Oro City, September 2, 2016.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF:

(Sgd.) MARISSA P. ESTABAYA Presiding Judge

BWM: September 2, 9 & 16, 2016

(Sgd.) LOVE M. VERDADERO Sheriff IV BWM: Sept. 9, 16 & 23, 2016


BusinessWeek MINDANAO www.businessweekmindanao.com

Feature

Friday | September 9, 2016

12

Sikat ka Higala By SHERYL MACALE

W

hen I was diagnosed with diabetes not too long ago I was in a state of panic both my parents are diabetics and so it was me that genetically inherited it. I went to the emergency 7 times because my sugar was running at 489 raging high like there is no subsiding

and the hospital that save my life was the JR Borja City Hospital. I was taken care of by a very good friend Hospital Chief Dr. Evelyn Perez and the ER personnel. The nurses were very quick to respond as well the Doctor on Duty. The privilege that I have received my gratitude is not

Poona’s Finest joins SM CDO’s Kahimunan Regional Trade Fair 2016 The Department of Social Welfare and Development (DSWD) Sustainable Livelihood Program (SLP) beneficiaries from Poona Piagapo, Lanao del Norte joins SM City Cagayan de Oro and DTI’s KAHIMUNAN Regional Trade Fair. The said trade fair will run from August 19-29, 2016 at the SM mall. Featured product from the Municipality of Poona Piagapo is the Bunil. Bunil Weaving is an age-old tradition. An expression of Maranao Art. It is in the play of colors that they exude and express one’s culture. The play of bright colors meshed together that links their persona with the identity of the group. The Bunil is available in forms of Blankets, Table Runners, Bedsheets and Pillow cases, Place Mats. Also available from Poona’s Best are the Turmeric (more commonly known as “Dulaw” ) Powder, and Virgin Coconut Oil. Photos by Shaun Alejandrae Yap Uy, DSWD

even enough to repay them. With the support of the City Government specially Mayor Morenos effort to make health as his priority of agenda is overwhelming. I had the opportunity to even observe how they would respond to the incoming patients with emergency situations. They work like a clock and the response is immediate. It is very important for me to evaluate how the city hospital treats its patients. I was very impressed with its good administration headed by Dr. Ramon Nery and the leadership he has shown describes how discipline is imposed and a good management flow. I have been attending and covering the programs that the city hospital has been implementing and how the city government has exhausted its Special Fund utilized for health and education. Even the priority of the City Health addressed the basic need of the people like Philhealth for medical and medicines. Last year my stepson had an accident his left knee erupted and fractured. I took him to the emergency at the City hospital and Doctor named Carlos Raymund Alburo of the Orthopedic Department came and rescue my stepson and now he is able walk and

back in college. And just recently my other stepson had a freak accident he fell and his hand was broken and had a severe displacement and it need an operation and implant. I pleaded the good doctor to save him and that time he was not on duty but I requested him to see him and eveluate the xray done. With no hesitation Dr. Alburo offered that he would operate on him.With the implant request I ask Dr. Evelyn Perez and Dr. Nery if they would shoulder it along with the expenses of the medicines and other fees Philhealth covered all the expenses and the excess was shouldered by the Department of Health so it is a zero balance billing. I am very grateful to him and this column is in honor to him and to all the patients that was with us at the infirmary ward who he helped and operated.In behalf of all the patients in the ward to the nurses and staff to Miss Au and the billing Ann Condeza and everyone that help thank you very much from the bottom of our hearts in return of this gratitude I will dedicate my life to be a living witness to tell the people how the goodness and kindness of this hospital had save me and my family to Dr. Alburo, Sikat ka Higala.


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