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Dealer of hardware and construction materials: Product Lines: Angle Bars; Gl Pipes; C-Purlins; Holow Blocks; Coco Lumber; Carrying Channel; Double Furring Channel; Single Furring ; Acoustic Board; Polycarbonate; Power Tools; Good Lumber S4S; Panel Doors; PVC Laminated Panel; PVC Vertical Blinds; Roller Blinds ; Wooden Blinds; Armstrong Vinyl Tiles; Kent Vinyl Tiles; Parquet Tiles - Apo Vinyl Tiles.
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BUSINESS | ARTS & CULTURE | HEALTH | TRAVEL & TOURISM | PEOPLE | REALTY | EVENTS mark francisco, Section Editor EDITOR: CHENG ORDOñEZ
Monday
December 12, 2016
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Smart unveils satellite-based solutions for business continuity LEADER in mobile Smart Communications joined forces with Dubai-based satellite provider, Thuraya Telecommunications Company, in showcasing a new range of affordable standalone satellite phones and broadband terminals via a nationwide roadshow aptly called SATCOM 2016. T h e ro a d s h ow w a s designed for enterprise, government, and military customers that are looking for business continuity solutions. Beyond business, the launch of the new satellite phones forms part of Smart’s advocacy for the welfare and well-being of Filipinos, especially those in high-risk areas. “Smart is at the forefront of disaster preparedness. We organize these roadshows to provide our customers with See unveils, page B3
2016 jobfair, docufest held for Camiguingnons
Smart Communications has partnered with Dubai-based Thuraya Telecommunications Co. in offering a range of satellite products and broadband terminals for business and operational continuity amid the increasing threat of disasters. From left, John Huddle, Market Development Manager, Thuraya Telecommunications; Jonathan Huertas, manager, Sales and Marketing, Smart Global Access Group; Jose F. Santos Jr., president, Carmelray Group of Companies; Tina Mariano, First Vice President, Smart Global Access and International Services; and from Carmelray Group, Virgilio Lorenzo, director, and Michael Carbonell.
OWWA urges OFWs to register, get benefits as active members
MAMBAJAO, Camiguin -- The Department of Labor and Employment, in partnership with the Local Government Units (LGU) of Camiguin Province, through its PESO Federation conducted the 2016 Jobfair and Docufest services during the Lanzones Festival celebration held at Ugmad Site, Balbagaon, Mambajao town. DOLE-X Camiguin Provincial Field Office (Cam PFO) Officer-In-Charge Brix Merlin reported that some 14 local and overseas recruitment agencies and National Government Agencies (NGAs) gave their services to the Camiguingnons, which include Bright Star Placement Corp. with 50 vacancies; FVJ Overseas
Manpower Agency (250); Joseline International Manpower Corporation (50); East West Placement Center Inc. (200); and Philippine Call Center Institute (500); Likewise, the Al Assal Manpower Inc. (800); Euroasia Philipphines Inc. (100); Great One International Placement Agency Inc. (232); Light and Hope (300); Starworld Int’l and Placement Agency (817); YMHD Int’l Manpower Inc. with 500 vacancies; GBMLT Manpower Services Inc. (150); Pacific Star Int’l Employment Agency Corp. (500); and Placewell International with 1,000 vacancies solicited. Department of Foreign See jobfair, page B3
By Jasper Marie Oblina-Rucat
CAGAYAN DE ORO CITY – Overseas Workers Welfare Administration (OWWA) region 10 Director Roselle Bartolome in Talakayan sa PIA urged Overseas Foreign Workers (OFWs) to register and become active members of OWWA to get benefits. What make active OFWs advantageous are the benefits they get from OWWA, such as livelihood projects, scholarship for their children among others. He added they become priority of the government. Meanwhile, for those who are inactive, they do not get anything from the government. On the other hand, Philippine Overseas Employment Association (POEA) Officer In Charge (OIC) Ann Apasra Abas emphasized their campaign against
illegal recruiters. After the opening of the One Stop Service Center for OFWs at OWWA Office in Cagayan de Oro on 25 November 2016, Department of Labor and Employment (DOLE), OWWA, POEA and local government of Libona Bukidnon signed a Memorandum of Agreement (MOA) as convergence against illegal recruiters. The scope of cooperation of the MOA include capability building of local government unit (LGU) partners and local stakeholders, public information and worker education on overseas employment, establishment of OFW helpdesk, illegal recruitment re: local government units campaign and data collection and MARCO POLO HOTEL, AWARDEE. (L-R) Josef Ledesma, Marketing & Communications Manager of Marco Polo Homanagement on OFWs and tel, MPD General Manager Dottie Würgler-Cronin, receives the plaque as Mindanao’s Most Outstanding Business See register, page B3
Leader in Hotel Industry, from BusinessWeek Mindanao thru VPMarketing Joe Palabao.
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Monday, December 12, 2016
Very emotional at the time The Gospel of Jesus Christ (December12, 2016-Monday) Luke 24:35-48”They began to relate their experiences on the road and how He was recognized by them in the breaking of the bread. While they were telling these things, He Himself stood in their midst and said to them, “Peace be to you.” But they were startled and frightened and thought
that they were seeing a spirit. And He said to them, “Why are you troubled, and why do doubts arise in your hearts? See My hands and my feet, which it is I myself; touch me and see, for a spirit does not have flesh and bones as you see that I have.” And when He had said this, He showed them His hands and His feet. The worse of the two
disciples, they forgot the words of promises of Jesus for them. They never believed that Jesus resurrected after three days. They made Jesus a liar in that way, but anyway, they were very emotional at the time and needed to be understood. This means that in time of troubles and doubts recall and remember the miraculous works of God in your life
in the previous events of your journey for you to be fueled by the passion to move forward. This was the mistakes of these two men because they focused on the death of Jesus but never to his promised resurrection. They were very emotional at the time and made them coward to face the truth of Jesus fortune in Israel. Reminder: Be positive in times of
Biblical reflection your emotional struggles because it is wrong to make a decision. Almost emotional people went wrong when they made a decision in life: Printing paid by: Edith Ranoa Jordan and Crespina Ranoa - Bobong Balino– Cagayan De Oro: # 09187148435: Listen to me via Thunder Radio 97.9 FM- Cagayan De Oro City- 1:00 PM- Sunday: Please have my
Bro. Edcel L. Closas latest book: To Make Your Soul Incredible: God loves you!!!
End-November 2016 GIR Level Settles at US$82.73 billion
P reliminary d at a showed that the country’s gross international reserves (GIR) stood at US$82.73 billion as of end-November 2016, Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. announced today.1 This level was lower by US$2.38 billion than the end-October 2016 GIR of US$85.11 billion but higher by US$2.06 billion compared to the end-December 2015 figure of US$80.67 billion. The decline from October to November was due mainly to outflows arising from the foreign exchange operations of the BSP, revaluation adjustments on the BSP’s gold holdings resulting from the decrease in the price of gold in the international market, and payments made by National Government (NG) for its maturing forSUPPORT FOR MISAMIS ORIENTAL PROVINCIAL HOSPITAL, GINGOOG CITY – VICE GOVERNOR JOEY G. PELAEZ and PROVINCIAL BOARD MEMBER JIGJAG G. PEALEZ turned over several medical supplies and materials, including brand new wheelchairs which were received by the Acting Supply officer Julieta G. Galarion with the presence of the healthcare providers of MOPH-Gingoog City. These donations will be useful for patients who seek medical assistance. This initiative is supported by the Department of Health and the Children International Philippines, Inc. supplied photo
SUDOKU PLUS 3 By: BU REUEL DURANO ARMAMENTO
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eign exchange obligations. These were partially offset by the NG’s net foreign currency deposits along with the BSP’s income from investments abroad. The end-November 2016 GIR level can cover 9.6 months’ worth of imports of goods and payments of services and income. It is also equivalent to 5.9 times the country’s shortterm external debt based on original maturity and 4.2 times based on residual maturity.2 Net international reserves (NIR), which refer to the difference between the BSP’s GIR and total short-term liabilities, decreased by US$2.37 billion to US$82.72 billion as of end-November 2016, compared to the end-October 2016 NIR of US$85.09 billion.
1 The final data on GIR are released to the public every 19th day of the month in the Statistics section of the BSP’s website under the Special Data Dissemination Standards (SDDS). if the 19th day of the month falls on a weekend or is a nonworking holiday, the release date shall be the working day nearest to the 19th. 2 Short-term debt based on residual maturity refers to outstanding external debt with original maturity of one year or less, plus principal payments on mediumand long-term loans of the public and private sectors falling due within the next 12 months.
SSS tightens enforcement of employer compliance, collects P1.4-B thru legal action Employers who disregard their obligations with the Social Security System (SSS) can expect criminal and civil legal actions against them following the directive from the new SSS management to intensify the agency’s enforcement of their compliance with the law. SSS Senior Vice President and Chief Legal Counsel Voltaire P. Agas noted that SSS has initiated legal actions such as issuance of demand letters and filing of cases against over 34,000 delinquent employers since 2010, bringing in almost P1.4 billion in collections to date. “We will not hesitate to go after and file cases against those discovered to be violators of the Social Security (SS) Act, such as non- and under-reporting of employees, as well as nonand under-remittance of contributions. For the
past several years, SSS has been actively going after delinquent employers, and we will continue to strengthen our campaign to ensure that companies obey the law,” he said. The efforts of SSS also resulted in a total of 41 employer convictions since 2010, with a corresponding collectible delinquency of P61.66 million. SSS plans to further intensify its campaign to bring down employer delinquency using the full strength of the law under the current administration. Agas emphasized the need for the pension fund to maximize the powers provided by the SS Act so that it can increase its contribution collections to enable the fund to grant higher pensions and benefits. Under the law, employers who fail to report workers for SSS coverage and remit employees’
monthly contributions will be punished with a fine of P5,000 to P20,000, imprisonment of six years up to 12 years, or both based on the discretion of the court. Employers with delinquent employee contributions are also charged a monthly penalty of three percent until the overdue SSS premiums are fully paid. “Employers who deduct SSS payments from their workers’ salaries but fail to remit these to the SSS are likewise guilty of committing the crime of estafa, which is also punishable by imprisonment under the Revised Penal Code,” Agas said. Under t he SS Ac t, private companies are required to report new workers for SSS coverage within 30 days from the start of employment and remit the proper amount of contributions – including the employer and employee share -- to SSS
every month. “We will craft policies and improve our monitoring systems to ensure that employers faithfully comply with their SSS obligations. May this serve as a stern warning to all erring employers to start changing their ways and start doing things right,” Agas said. He also urged employees to take an active role in asserting their right to social security protection by reporting to any SSS branch their employers who neglect to report them for SSS coverage, underreport their salaries resulting in lower contribution payments, or fail to remit their contributions on time. “Every private company, regardless of its size, should fully comply with the SSS obligations provided by the SS Act. It is the mandate of the law and everybody has to follow,” Agas said.
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Unveils...
Jobfair...
solutions to better prepare for disasters, and ensure business continuity,” said Tina Mariano, First Vice President for Global Access and International Services of Smart. The Philippines has been identified as one of the countries prone to natural disasters made worse by climate change. “The launch of new satellite phones also enables us to introduce our new machine-to-machine (M2M) services in conjunction with one of our most strategic and most important partners in Asia. We hope to bring our M2M services here in the Philippines where there is big potential for application and this event provides us with the opportunity to talk directly to Smart’s customer base,” said John Huddle, Director for Market Development of Thuraya. Smart’s mobile and broadband satellite solutions The mobile solutions start with SmartSAT XT Lite, a handheld, lightweight satellite phone that lets users maintain a stable and reliable connection even when cellular or landline services are not available. It is a voice and text offering and comes handy for companies, LGUs, NGOs, and even leisure travelers. SatSleeve Hotspot enables instant satellite connectivity. It is a portable Wifi hotspot that turns a smartphone to a satellite phone. To connect to the satellite, the user only needs to download the SatSleeve Hotspot app from Google play or Apple app store on his smartphone. Maritime Broadband solutions, Atlas IP and Orion IP, are specifically designed for the maritime industry. It can empower vessels of any size with satellite internet speeds of up to 444 kbps. The IP+ is the lightest satellite broadband terminal. Compact and durable, it can be easily deployed anywhere and even fits inside a bag. The XT Lite and SatSleeve Hotspot are available at Smart Stores nationwide. The devices come with a prepaid satellite SIM preloaded with $120 airtime valid for 1 year. Call rates start at $0.57/min and SMS rate is $0.23/160 characters. For inquiries, interested subscribers can e-mail smartsatelliteser vices@ smart.com.ph, or visit any Smart Store nationwide and contact their Alpha or SME relationship managers.
Affairs, National Bureau of Investigation, Government Services Insurance System, Social Security System, Philippine Health Insurance Corporation, Philippine National Police, and the Home Development Mutual Fund were also present in the province to render their respective frontline services. Meanwhile, DOLE attached agencies like Overseas Workers Welfare Administration, Philippine O vers eas Employment Administration, Regional Tripartite Wages and Productivity Board, and Philippine Regulation Commission also provided their services especially to those applicants wanting to go abroad. Merlin also said that the Jobsfair and Docufest is an annual activity to facilitate gainful employment opportunities for the 892 Camiguingnons who availed the activity. In detail, 318 applicants were registered applicants for both local and overseas job vacancies. Merlin said that reports showed some 146 applicants were qualified, 129 considered for further interview, and 16 were Hired on the Spot (HOTS). (Jovelyn V. Perez/DOLE-X Camiguin PFO)
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their families. Abas said this MOA means LGU of Libona is illegal recruitment free locality. Meanwhile DOLE Regional Director Raymundo Agravante said there are 15 government agencies open for the One Stop Service Center for OFW in Cagayan de Oro City. This center combines together various services to provide OFWs the facility for obtaining their requirements for efficient deployment abroad. He said, this is very significant since there are many OFW in the region. We have this one stop service center to ease burden with complying their requirements abroad, Agravante said. Fu r t h e r, t h i s i s i n resp ons e to President Duterte’s directive to provide quick, efficient services for OFWs. Thus, expenses will be lessened because all agencies are in one venue. (JMOR/PIA10)
B3 MB closes Eastern Rizal (Jalajala) Rural Bank, Inc. Monday, December 12, 2016
PDIC to pay all valid insured deposit claims
The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) prohibited Eastern Rizal (Jalajala) Rural Bank, Inc. from doing business in the Philippines. Under Resolution No. 2180.A dated December 8, 2016, the MB directed the Philippine Deposit Insurance Corporation (PDIC) as Receiver to proceed with the takeover and liquidation of the bank. PDIC took over the bank on December 9, 2016. Eastern Rizal (Jalajala) Rural Bank is a three-unit rural bank with Head Office located at C. Villaran St., Jalajala, Rizal. Its two branches are located in Cainta, Rizal and Marikina City. Based on the Bank Information Sheet filed by the bank with the PDIC as of June 30, 2016, Eastern Rizal (Jalajala) Rural Bank is owned by Maribel V. Serrano (29.57%), Ramon F. Villavicencio (29.42%), Mary Ann V. Sy (28.02%), and Hedley O. Serrano (8.21%). The Bank’s President and Chairman is Maribel V. Serrano. Latest available records show that as of September 30, 2016, Eastern Rizal (Jalajala) Rural Bank had 3,216 accounts with total deposit liabilities of PHP47.8 million. Total insured deposits amounted to PHP47.4 million involving 99.1% of total deposit accounts. PDIC assured depositors that all valid deposits and claims shall be paid up to the maximum deposit insurance coverage of PHP500,000. Recognizing the need for depositors to have immediate access to their insured deposits during the yuletide season, the state deposit insurer initiated a special pay-out procedure which will give the depositors of the bank an opportunity to claim their deposit insurance before Christmas. Instead of PDIC’s usual process of mailing deposit
Eastern Rizal (Jalajala) Rural Bank in Jalajala, Rizal.
insurance payments to depositors with bank balances of PHP100,000 and below, these depositors may directly claim their deposit insurance at the bank’s Head Office in Jalajala, Rizal or at its Cainta Branch, on December 19 to 22, 2016 . Depositors whose balances are over PHP100,000 may also claim their deposit insurance during this period. Depositors with deposits PHP100,000 and below who were unable to file their deposit insurance claims during said schedule will be paid either through postal money order mailed to their addresses subject to the following conditions: they are eligible for early payment, they have no accounts maintained by business entities, they have no outstanding obligations with Eastern Rizal (Jalajala) Rural Bank or acted as co-makers of these obligations, and they have complete and updated addresses with the bank. They may update their addresses until December 15, 2016 using the Mailing Address Update Forms (MAUF) to be distributed by PDIC representatives at the bank premises. In the case of depositors whose balances are more
than PHP100,000, deposit insurance claims may be filed at the PDIC Public Assistance Center, 3/F SSS Building, 6782 Ayala Avenue corner V. A. Rufino St., Makati City starting on December 26, 2016. For more information on the requirements and procedures for filing claims and settlement of loan obligations, all depositors and borrowers of the bank are enjoined to attend the Depositors-Borrowers’ Forum on December 14, 2016, 9:00 a.m. at the San Roque Covered Court, A. Bonifacio Avenue, Cainta, Rizal; and on December 15, 2016, 10:00 a.m. at the Covered Court (Old Municipal Bldg.), C. Villaran St., Jalajala, Rizal. PDIC also reminded borrowers to continue paying
their loan obligations with the closed Eastern Rizal (Jalajala) Rural Bank and for the closed bank’s depositors, borrowers, creditors and the public to transact only with designated PDIC representatives at the bank premises. Depositors may communicate with PDIC Public Assistance personnel stationed at the bank premises or call the PDIC Public Assistance Hotlines at (02) 841-4630 to (02) 841-4631, or send their e-mail to pad@pdic.gov.ph. Depositors outside Metro Manila may also call PDIC at its Toll Free Hotline at 1-800-1-888-PDIC (7342). Inquiries may also be sent via private message to the official PDIC Facebook account at www.facebook. com/OfficialPDIC.
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
CDO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947
DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631
CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491
LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739
CORRALES BRANCH Corrales Ave., Cagayan de Oro City
CARMEN BRANCH Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011
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BUSINESS | ARTS & CULTURE | HEALTH TRAVEL & TOURISM | PEOPLE | REALTY | EVENTS Monday
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December 12, 2016
Grab your Flash Plus 2 on Lazada’s 12/12 Revolution Sale for only Php 6, 499 Makati City—December 8, 2016—Flash Plus Philippines—one of Asia’s rising developers of lifestyle and smart devices—will hit the e-commerce giant,
Lazada Philippines, with another price down for its signature smartphone, Flash Plus 2, in line with the conclusion of this year’s Online Revolution Sale this
December 12. “Flash Plus 2 has gained solid love and support from online buyers in Lazada across the country. That is why we want to continue giving back to our customers by taking part in Lazada’s biggest online sale,” said Sheree Gayas, marketing head of Flash Philippines. “As we conclude this year’s event, we will offer Flash Plus 2 (3GB) at the price of Php 6,499.00 all throughout the day on December 12.” The said smartphone offers superior convenience and style for its price. It also allows you to gain the durability that you need through its sleek aluminum case, which underwent several polishing
processes—horizontal wire-drawing, high-speed side sand-blasting, ultralight rim diamond cutting, and twice anodization—to achieve excellent grip and added protection against scratching. Apart from the stylish exterior, Flash Plus 2 also has a set of pioneering innovative specs such as optimum photographing functions, fingerprint recognition technology, and Hi-Fi sound effects. HD Camera Flash Plus 2 adopts the same high-definition photographing DNA that runs across the whole roster of Flash products. With its built-in HD camera with a 13-megapixel rear lens, Flash Plus 2 allows you to take high definition photos and videos. It also adopts PDAF and contrast focusing features, which are useful for capturing fleeting moments.
It also makes shooting under dim light much easier with its built-in rear dual color flash lamp, RealTone, and front LED flash with Color Rendering Index. Fingerprint Recognition For better security and convenience in phone unlocking, Flash Plus 2 also features a fingerprint recognition capability. This attribute can safeguard all your apps and private folders by assigning a specific finger to access them. For instance, you can use your thumb to open your e-mail account, index to send a message, among others.
Hi-Fi Audio If you are more inclined into music, Flash Plus 2 can also allow you to have and immersive music experience with its high-fidelity amplifying functionality. It is made possible through the combination of quality-retaining earphone acoustics, high sound volume effects, and MIX music production. For more details, please visit the website at http://www.flash3c. com/ph.
Stay Cool with Nano-Tech Window Films
I
nvesting in high-quality window films makes sense especially in the Philippines where the sun can be too bright and hot. Too much heat in your establishment could affect the well-being and productivity of your staff and make your customers uncomfortable. Glare from
the sun and other reflective surfaces outside obstructs vision and causes discomfort, too. Specially designed glass films from Nano-Tech can help reduce glare and prevent maximum heat entry while making sure that you can slash energy costs in the long run. Enters L.A. Window Films
Philippines, official distributor of Nano-Tech Window Films from Japan with branches in Manila, Paranaque and Cebu City. Nano-Tech Films have the highest heat rejection of 96% in the industry, allowing natural light to penetrate while rejecting 99% of the harmful ultra-violet ray of the sun.
Aside from clear films, L.A. Window Films carries an extensive array of Safety and Security, One Way, Privacy and Reflective films applicable for Automotive, Commercial and Residential glass windows. Featured above are the various booths of L.A. Window Films at the Manila Auto Salon and the Philconstruct event
held at SMX this November 2016. May visit L.A. Window Films at their showroom in G/F VCFI Building 36 Arch Bishop Reyes Ave. Corner Molave St. ,Kamputhaw, Cebu City or their website at www.LAwindowfilms.com. May also call to inquire at (032) 233-7139 or 233-714.