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Mindanao Daily (May 15, 2018)

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MINDANAO DAILY We innovate... and we lead!

Volume VII, No. 288

www.mindanaodailynews.com

Tuesday

May 15, 2018

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1923

Club presidents from the Rotary District 3870 received Preisdential Citation Award from Rotary International President Representative (RIPR) Muhammad Faiz Kidwai and District Governor Rosalinda Rosales-Deleste. These clubs accomplished rigorous requirements set by Rotary International as a challenge to all Rotary clubs in the world.

Resign now, PhilHealth vice presidents tell agency’s head photo by jennaline mae cañete

Residents assert ownership through tarpaulins, spray-painting of names By Froilan Gallardo, MindaNews

MARAWI City––Facing uncertainties, desperate Marawi residents in Ground Zero, have resorted to posting their names or their store’s names through tarpaulins, iron sheets, plywood and spray-paints to assert ownership of their properties. The tarpaulins and other makeshift signages bearing their names are displayed on walls, roofs, posts of their heavilydamaged buildings. Many property owners also spraypainted their names on the remaining walls of their buildings. “We have to put these signs so the

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government will know we are the owners of this rubble,” said Norsaly Saly, whose family owns three hardware stores and a boarding house building. The visit of families in the last of nine sectors in Ground Zero, the former main battle area between government forces and the ISIS-inspired Maute Group and its allies, was marred with the arrest of some 100 youngsters caught looting last May 10. Task Force Marawi deputy commander Col. Romeo Brawner said the youngsters were eventually released to the Marawi City Social Welfare and Development

CAGAYAN de Oro City--All 20 regional vice presidents of PhilHealth nationwide are upping the pressure for their interim president Celestina Ma. Jude dela Serna to resign. PhilHealth vice president for Region 10 Masiding Alonto Jr., the de facto head of his colleagues, said they have already submitted a letter to PhilHealth board chair Francisco Duque, the concurrent health secretary, demanding for the resignation of dela Serna. The letter was forwarded at the time when the 29-perA landowner paints a sign on the wall of his ruined buildson PhilHealth board ing in Marawi City’s Ground Zero on May 9, 2018.

See names, page 11

See HEAD, page 11

MindaNews photo by Froilan Gallardo

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MINDANAO DAILY We innovate... and we lead!

Editor:mark markfrancisco, francisco Section Editor

second front page

Tuesday

May 15, 2018

2

CebuPac pushes forward with fleet modernization

T

Receives second, third, and fourth of seven A321ceo orders

he Philippines’ leading carrier, Cebu Pacific Air (PSE: CEB), beefs up its fleet with the arrival of three additional brand new Airbus A321CEO (Current Engine Option) aircraft. With these deliveries, the CEB fleet is now comprised of 65 aircraft, specifically four Airbus A321CEO, 36 Airbus A320, eight Airbus A330, eight ATR 72-500 and nine ATR 72-600. Cebu Pacific invested US$ 4.9 billion for its new A321 fleet, with deliveries of additional three A321CEOs and 32 A321NEOs (New Engine Option) spread from this year until 2022. These new aircraft support Cebu Pacific’s expansion plans across the region, further boosting a network that now spans over 100 routes on 37 domestic

and 26 international destinations. The new A321CEOs can accommodate 50

more passengers, with a total seating capacity of 230 seats. Coupled with investments in

avionics, this will enable CEB to operate more efficiently, and offer even lower fares to

its customers. Cebu Pacific operates one of the youngest and most

modern aircraft fleets in the world, with an average age of 4.86 years.

The People Management Association of the Philippines - Cagayan de Oro Chapter (PMAP-CDO), part of the nationallyrespected organization of human resource practitioners and people managers, launched its website, www.pmap-cdo. org, on Sunday, May 6.

"We are thrilled to debut our new website to our member organizations, partners, friends, and visitors, looking to understand the breadth of PMAP-CDO’s commitment, benefits, and services,” said chapter president Sol Amir. “This website is another

way we, at PMAP-CDO, demonstrate our commitment to our members." Xavier Ateneo (Xavier University - Ateneo de Cagayan) took the helm of PMAP-CDO upon the induction of XU HR director Sol Amir as the chapter president last

February 1. PMAP-CDO currently has 94 A-list members, leading various companies in Cagayan de Oro and its neighboring areas. The new website features content areas designed to increase member engagement and

learning experience and help visitors and industries understand the organization’s range of services and activities. The online portal will be regularly updated with HR news, events, accomplishments, announcements, developments, and opinion

pieces from industry experts. It is also linked to the PMAP’s national website and to People Magazine. Visitors are encouraged to explore the pmap-cdo.org and communicate through the “Contact Us” page.(XU Comms Office)

Xavier Ateneo takes helm of PMAP-CDO, unveils new website


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Filipino scientists competent to do marine research in PH Rise WITH President Rodrigo R. Duterte sending off a team of Filipino scientists to the Philippine Rise on May 15, a professor from the University of the Philippines (UP) assured that Filipinos have the expertise to conduct marine scientific research (MSR) in the area. “Yes, indeed we have the technical capability, meaning, the expertise,” said Dr. Mario Aurelio, director of UP’s National Institute of Geological Sciences, in an interview with ABS CBN News Channel (ANC) on Wednesday. Aurelio said Filipino scientists and marine researchers have been exploring the 13-million-hectare underwater plateau off Aurora province long before it was renamed by Duterte from Benham Rise to Philippine The BRP Gregorio Velasquez. Photo courtesy of the Philippine Navy

PH urged to prioritize educ to spur economic growth

Investing in education promotes economic growth. This was according to Nanak Kakwani, a poverty expert from the University of New South Wales, who presented his paper during a seminar held at the Philippine Institute for Development Studies recently. Citing China’s poverty reduction strategies, Kakwani said the level of importance it gives to education, especially in the tertiary level, might have played a role in the country’s economic growth. “The amount of money

they [Chinese] are spending on higher education is amazing. If you go to their campuses you will find huge and beautiful infrastructure. They are getting a lot of benefits in higher education,” Kakwani said, adding that higher education in China is highly subsidized by the government. The same goes for Brazil, which saw a reduction in poverty after it “expanded the education system”—a move that is “highly propoor” according to Kakwani. In the past years, the Philippines has made at-

ARMM launches exhibit of worldwide miniature mosques

COTABATO City--Twenty-four miniature mosques are on display here as the Autonomous Region in Muslim Mindanao (ARMM) officially launched on Friday an exhibit of ‘Mosques Around the World’. The exhibit is a competition event with participation from the region’s different offices and agencies. Participants constructed three-dimensional miniature replicas of renowned mosques from different parts of the world. “For us to be reminded as Muslims of Mindanao that we are part of a greater Ummah (nation) and that it is essential for us to learn and know about them,” Sitti Djalia Turabin Hataman, Anak Mindanao (AMIN) foundation executive director, said explaining why ARMM launched the exhibit. Each modeled mosque is displayed in a 1.5 cubic-meter glass box. A poster is displayed beside the model containing its name, country of origin, history, and significance. Criteria for judging are conformity and attention to detail (50 percent), workmanship and quality (30 percent), and presentation and overall impact (20 percent). Cash prizes will be awarded to the models that best fit the competition’s criteria. A cash prize of P200,000 will be given to the first placer while P150,000 and P100,000 will be given to the second and third placers, respectively. The exhibit, located outside the Office of the Regional Governor’s building, is in line with the celebration of the Pakaradjaan 2018 and the month-long observance of Ramadhan that would commence on May 15. On the same day, the ARMM Ramadan Trade Fair 2018, consisting of 75 booths, was also officially opened to the public. Winners of the exhibit will be announced during the culmination program of the trade fair. (PNA)

Rise, a year ago on May 16 through Executive Order No. 25. “Perhaps in the past, there was no awareness. The awareness then was not as high as now,” he said. Aurelio said the government is contemplating to acquire marine research vessels to boost the capability of Filipino marine science researchers. He said the plan is the subject of the ongoing roundtable discussions participated in by all sectors in the marine scientific research and exploration. “At present, the Philippines does not have a comprehensive agenda that would incorporate all the sectors or all the perspective of scientific research from solid earth to atmospheric to meteorological,” Aurelio

said. “And so the objective of this, what we call roundtable discussions now, is geared towards establishing the National Marine Research Agenda,” he added. Aurelio said the National Marine Research Agenda (NMRA) would include capability building, such as the acquisition of equipment, for instance research vessels and underwater drones or remote operated vehicles. He said the budget component is another important part of the establishment of NMRA, which could be done through an executive order by the President. “For now, we are thinking of the format of an executive order so that in the executive order, the budget goes together See RESEARCH, page 11

tempts to improve the educational system in the country. In 2014, the government expanded the age coverage of its conditional cash transfer program, the Pantawid Pamilyang Pilipino Program to 18 years old to give poor children a better chance at finishing high school. Under the 4Ps, children who are part of the program should be enrolled in school. In 2016, the government, under the Department of Education, fully implemented the K-12 See growth, page 11

A Brand New Outlook ON BRIGADA ESKWELA By: GERARDO Y. LOKING

Brigada Eskwela, also known as the “Bayanihan Para sa Paaralan (Working Together for Schools)", added a new meaning to the Filipino concept of unity. From the image of barrio men bearing together the weight of a bahay kubo (nipa hut) on their shoulders to the image of volunteers braving storms and floods to help calamity-stricken communities, Brigada Eskwela brings to us a picture of people from different sectors of society repainting walls and blackboards, cleaning windows and doors, or repairing fences.One of the public school students who grew up in the culture of Brigada Eskwela is Russell de Guzman, a student leader at Makati High School. Since he was in elementary, he has been taking part in this activity. “When I was in elementary, I would do it because it was a requirement for officers, and I had nothing to do during the summer vacation,” he shared. “But as I kept on doing it every year, I realized it was also my responsibility to help.”De Guzman explained that it was a challenge for both public school teachers and students to put up with blackboards that have become too rough to write on,

chairs with broken armrests or uneven legs, and electric fans that do not work. “It can really make you lose focus on the lesson sometimes.” WE knew there is a need to alleviate these challenges, and understood that as a student, he has a part to play. By being a volunteer in Brigada Eskwela, he saw that no effort is too small to make a difference. As its name suggests, Brigada Eskwela assembles an army of volunteers to repair and prepare classrooms in time for the opening of classes. This year, it ran from May 18 to 23 under the theme "Tayo para sa Kalinisan, Kaligtasan, at Kahandaan ng Ating mga Paaralan(Stand for the Cleanliness, Safety, and Preparedness of our Schools)."The success of its implementation lies in the collaborative effort of school heads, private partners, local government units, and the community members, including parents and students.Through the initiative of the school heads, private partners are given the opportunity to contribute resources for the effort. And in honor of their goodwill, private partners are offered tax incentives of up to 150%. Local government units and community members mostly provide manpower and

volunteer services during this week-long activity. Partners from private companies not only donate cash and resources to the cause. Some of them also send their employees to schools to help. Representatives from religious groups and members of local government units (LGU) such as policemen, firefighters, and bantay bayan also take part in putting up new donated blackboards, painting school fences, and mounting bulletin boards. Parents, teachers, and students from different school organizations also offer their help.“Everyone works from 8 am to 5 pm with very little supervision from the officers of the student government. We all follow the schedule prescribed since day one,” De Guzman explained.Throughout the years, the spirit of volunteerism in Brigada Eskwela has reached more people in the communities. In 2007 alone, it has generated more than P2.5 billion worth of support-in-kind and countless volunteer man-hours. “More and more people from different sectors of the society extend help to our school every year,” De Guzman affirmed.


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Tuesday, May 15, 2018

Opinion

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Speaking Out The Mindanao Daily is pubished by MINDANAO DAILY NEWS PUBLISHING CORPORATION. Registered with the Securities and Exchange Commission (SEC) with Reg. No. CS201531735, Business Plate No. 201703518, under Business License Certificate No. 2017-02949, BIR-TIN No. 464-682-324-000.

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EDITORIAL ALLAN M. MEDIANTE Editor-in-Chief

ruel pelone Managing Editor

CRIS DIAZ Executive Editor (On leave)

Rene Michael BaÑos joe palabao Regional Editor Northmin Feature Editor

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PAT SAMONTE CHRIS PANGANIBAN Regional Editor Caraga Regional Editor-Caraga AL JACINTO RODRIGO B. SEVILLA Regional Editor-WestMin Regional Editor-Davao ATTY. MARIO T. JUNI ATTY. ANTONIO S. SORIANO NOTARY PUBLIC- JUNI LAW OFFICE 2f, ics building CELL NO: 09352379999/ (088) 8573595 tel. no.: 881-0176 CRUZ TAAL ST., CAG. DE ORO CITY tiano cor. montalvan sts. Legal Counsel Legal Counsel

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Muntinlupa City ‘best practices’ lauded

THE multi-awarded LGU of Muntinlupa City has added two more best practices feathers in its cap. The National Archives of the Philippines, thru its Executive Director Victorino Manalo, cited Muntinlupa as the best model (among LGUs) for records management in the country. Muntinlupa recently turned over to the National Archives its archival records of local and national importance – the very first LGU to do so. Muntinlupa City Mayor Jaime Fresnedi explained that the turnover of documents was in line with the LGU’s thrust to advance efficient records management

as a tool for transparency and accountability. Fresnedi explained that the move is meant to address huge information gaps created when LGU records are not properly turned from an outgoing administration to the next. E x e c ut i v e D i re c t or Manalo said that Muntinlupa City has bestowed on the National Archives a treasure that will definitely enrich its collection. He expressed hope that other LGUs would follow suit. More recently, Muntinlupa also earned kudos for its initiative in grassroots communication thru the establishment of the country’s first local active barangay

information officers’ network. In 2014, Muntinlupa City Public Information Officer Tez Valencia-Navarro created the network, consisting of 50 information officers from the city’s nine barangays and offices of the city government. The group has been consistently assisting the city government in facilitating information and education campaigns – an initiative which has even caught the attention of Presidential Communications Operations Office Secretary Martin Andanar. Other significant awards and recognition previously given to Muntinlupa City

Ignacio Bunye

include the following: - “Most Business-Friendly City in the Philippines in 2017” by the Philippine Chamber of Commerce and Industry (PCCI) - “Top 3 Most Competitive Highly Urbanized Cities in Government Efficiency” by the National Competitive Council - “Most Child-Friendly City in the National Capital Region” by the Regional Council for the Welfare of Children, - “Most Innovative LGU” - “Best in Program See lauded, page 11

Have my say

Work-life balance?

HOW many hours do you work usually daily? We are all workers, whether we work in a plush carpeted office as executives and managers, in a hot and noisy assembly-plant as a factoryhands or as housewives at home. Why do we work? Why do we slug five or six days a week (or even more?) for eight or more hours at a stretch? The church has had quite a lot to say about work and especially, the rights of the workers. And when you get through the church jargon, you’ll find statements on minimum wages for workers, needs for leisure and social benefits. It is the Book of Genesis which tell us that work is God’s gift to human beings. God gave us the will, power and intelligence to “fill the earth and subdue it” and not just talk about seeing the wild beasts, the fruits

and grains... . We are given the enormous task of shaping the earth, whether as machinist in a textile factory, or as clerk in court. The important message is: Work is for man (and woman) and not man (and woman) for work! Through work, man develops himself, his personality and his sense of self-worth. It is also through work that man produces goods and services contributing and participating in the development and society. In the encyclical Laborem Exercens (on human work), Pope John Paul II made it clear that there should be just remuneration for the work of an adult who is responsible for a family and this means enough money for the breadwinner to feed, clothe and maintain his partner and children, with provisions “for security for his future”.

I came across an Asian nation’s legislators overwhelmingly approved a bill that reduces the maximum weekly work hours. South Korea is reducing its maximum working week from 68 hours to 52 hours in a bid to boost the country’s productivity and the number of children being born. But the average working week varies depending where you live in the world. So, which countries are “burning the midnight oil”? In March, South Korea’s National Assembly passed a law that will give a substantial amount of its workforce a well-deserved break. It is the developed nation with the longest working hours, according to the Organization for Economic Cooperation and Development (OECD). The South Korean government also believes it could even increase the

Klaus Doring

country’s birth rate, which has decreased substantially in the last few decades. This new law will come into force in July 2018, although initially it will only apply to large companies before reaching smaller businesses. Despite opposition from the business community, the South Korean government believes the law is necessary to improve living standards, create more jobs and boost productivity Exceptions to the rule? The South Korean government also believes it could even increase the country’s birth rate, which has decreased substantially in the last few decades.

See BALANCE, page 11

Think A Minute

Coming out of the closet

THINK a minute. An airplane pilot came on the speaker system to the passengers: “This is your captain speaking. We’re flying at an altitude of 35,000 feet, and the speed of 600 miles an hour. I have some good news and some bad news. The bad news is we’re lost. But the good news is we’re making great time.” There are many people who are making great time in life living in the fast lane. But they’re lost and going the wrong direction. Homosexuals are encouraged by many people just to come out of the closet and not be ashamed of who they are. Some people say that they didn’t choose to be homosexual; God made them

that way. But the fact is that there has still not been one scientific study which can prove that homosexuals are born that way. In fact, it is just the opposite. All the research and studies have shown that homosexuals can make the choice. If people are born with any homosexual tendency at all, it is no different than any personality tendency like someone born with a bad temper. Do we say it’s OK for that person to lose control of his temper and murder people because he was born that way? Of course not! He’s still free and able to choose not to kill people, even though he may have a naturally quick temper.

In the same way, even if someone might have the slightest natural tendency toward homosexuality, he’s still free and able to choose not to become homosexual. If homosexuals were born that way and God made them with no choice, then why does He say homosexuality is so wrong and condemn it as sin? Throughout the whole Bible, God strongly condemns homosexuality as sin which is opposed to the clearly natural, right way He created us humans to live and reproduce. Remember, God created us Adam and Eve, not Adam and Steve. Just like we are born free to choose whether or not we will be adulterers, murderers, thieves, liars, alcoholics

Jhan Tiafau Hurst

and vicious gossips, we are also born free to choose whether or not we will become homosexual. But the good news is that even if you already have chosen to become a homosexual, Jesus will still forgive you and give you a new life if you sincerely ask Him to start changing your heart. So won’t you come out of the closet and into the light of Jesus forgiveness and truth, so He can start setting you free today? Just Think a Minute.


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MINDANAO DAILY

We innovate... and we lead! Editor: ALLAN M. MEDIANTE

Tuesday

Privacy Commission orders suspension of Jollibee online delivery MANILA – The National Privacy Commission (NPC) has ordered the suspension of local fast-food giant Jollibee's online delivery platform after it was found to be vulnerable to unauthorized access. Aside from the online delivery platform, NPC also ordered the Jollibee Foods Corp. (JFC) to suspend the operation of all of its data processing platform to the public through the internet and also to restrict external access to their networks. The Commission’s order is a result of its investigation in relation to a “data breach notification” submitted by JFC in December 2017. “Persons unknown to the JFC Group appeared to have been able to gain access to the customer database of the delivery website for Jollibee,” the NPC said. In subsequent meetings with

the NPC, the dominant local fast-food company made assurances that it will institute corrective measures regarding the supposed data leak. However, the NPC’s Complaints and Investigation Division (CID) found out that JFC’s delivery service website remains vulnerable to unauthorized access. “Such vulnerabilities may allow malefactors with little to moderate technical knowledge and skill to access personal information of Jollibee patrons through its website,” the NPC noted. It noted that about 18 million individuals on JFC’s database have “high risk” to exposure of personal data. The suspension will remain effective for an “indefinite time”, according to NPC, until the website’s vulnerabilities are satisfactorily addressed. (PNA)

A DISSERVICE TO WAR HEROES - A restaurant in Metro Manila name: “@DEKADA” , was asked to rename its dishes because it is a disservice to thousands of Filipino & American WWII veterans who suffered and died. The name of the their dishes include “Death March”; Kamikaze; Yamashita; Kempetai; Open City, etc.”

GSIS opens financial aid loan for DepEd members today MANILA -- The Government Service Insurance System (GSIS) on Tuesday will start accepting applications for the GSIS Financial Assistance Loan (GFAL) program for personnel of the Department of Education (DepEd). Under the program, GSIS will lend a maximum amount of PHP500,000 to DepEd borrowers to pay the outstanding balance of their loan from accredited private lending institutions. “Instead of offering the GFAL to DepEd personnel in selected cities and municipalities on a pilot run, we decided to open it to all

teachers and teaching personnel nationwide because we want more teachers to benefit from lower interest rate and better terms of payment from GSIS,” president and general manager of GSIS, Jesus Clint Aranas, said in a news release issued Friday. “Reduced interest rates and smaller amortization spell savings and higher disposable take home pay for our members. This will definitely lighten their load,” Aranas said. Under GFAL, qualified borrowers may loan up to PHP500,000 provided See Loan, page 9

BUSINESS May 15, 2018

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Ayala posts P7.7 billion in 1st quarter net income, up 10%

A

yala C orporation’s net income expanded 10 percent year-on-year to P7.7 billion in the first quarter of the year, lifted by the robust earnings growth of its real estate and power units. Equity earnings from Ayala’s business units grew nine percent to reach P9.2 billion, boosted by contributions of Ayala Land, which jumped 15 percent as well as AC Energy, which nearly doubled during the period. “The sustained growth momentum in our portfolio reflects the progress we have made in our longterm diversification strategy to establish new pillars of growth and expand into new markets,” Ayala President and COO Fernando Zobel de Ayala said. “While we remain positive about the domestic environment and the concentration of our investments will continue to be in the Philippines, we are establishing a growing presence regionally and globally in sectors where we can bring our expertise and capital as opportunities arise,” Mr. Zobel added. Ayala Land Ayala Land sustained its earnings momentum in the first quarter, with net income climbing 17 percent to P6.5 billion from a year ago primarily driven by its residential and commercial leasing segments. Revenues from property development climbed 27 percent to P26 billion on the back of new bookings and project completion. Sales reservations expanded 16 percent to P31.5 billion, while net bookings grew 20 percent to P24.2 billion. Ayala Land launched P10.9 billion worth of residential projects during the period. Meanwhile, revenues from commercial leasing grew 11 percent to P8.2 billion, lifted by higher contribution from newly opened malls, offices, and hotels. Ayala Land’s diversification strategy is increasingly gaining traction, with net income mix achieving greater balance. In terms of location, new estates and established estates (Makati, Bonifacio Global City, Nuvali, Alabang, and Cebu) contributed 55 percent and 45 percent of Ayala Land’s net income, respectively. In terms of business line, Ayala Land’s development income (property sales and

construction) accounted for 66 percent, while recurring income (commercial leasing, hotels and resorts, and property management) contributed 34 percent to its net profits in the first quarter. Ayala Land spent P26.7 billion in capital expenditure in the first quarter, comprising 24 percent of its budget for the year. A bulk of the amount was allocated to residential projects. Bank of the Philippine Islands Bank of the Philippine Islands recorded a net income of P6.2 billion in the first quarter, a flat growth from the previous year, as lower non-interest income offset the improvement in the bank’s core banking business. Total revenues reached P18.5 billion, three percent year-on-year. Net interest income rose nine percent to P12.5 billion, supported by expansion in average asset base. Total loans climbed 17 percent to P1.2 trillion, mainly driven by corporate loans. Interest income from loans grew by 18 percent year-on-year. Total deposits reached P1.6 trillion, up 10 percent, with the current account and savings account ratio at 72 percent and loan-todeposit ratio at 76 percent. Non-interest income dropped 8 percent to P5.9 billion on lower income from trust and investment management fees, securities trading, and asset sales. Meanwhile, income from credit card business, bank commissions, stockbrokerage fees, and foreign exchange trading increased during the period. Operating expenses rose 12 percent to P9.7 billion on accelerated ITrelated spend, operations and marketing, while asset

growth was accompanied by an increase in regulatory costs. This resulted in a cost-to-income ratio of 52.8 percent in the first quarter, higher than the 48.6 percent recorded in the previous year. Total assets and total capital both expanded 10 percent to P1.9 trillion and P189.5 billion, respectively. Capital adequacy ratio stood 13.55 percent and common equity tier 1 at 12.65 percent. The bank recently completed its stock rights offering, raising P50 billion in additional capital to fund its growth strategy. Ayala subscribed to its proportionate and unsubscribed rights share, slightly raising its effective ownership in the bank to 48.6 percent. Globe Telecom With consistent strong demand for data-related services and a larger subscriber base, Globe’s service revenues expanded eight percent to P33.6 billion, bolstered by its mobile, home broadband, and corporate data segments. Mobile data revenues grew 26 percent to P12.6 billion as subscribers reached 63.3 million, up eight percent from the previous year. Home broadband revenues improved 11 percent to P4.3 billion resulting from a 17 percent increase in subscriber base at 1.4 million. Corporate data revenues likewise grew four percent to P2.6 billion. Data-related services accounted for 58 percent of Globe’s service revenues, with mobile data users making up for 55 percent of mobile subscribers. The higher revenues and lower operating expenses supported the 18 percent growth in Globe’s EBITDA, which reached P15.8 billion in the first quarter. EBITDA margin remained healthy at

47 percent. Globe posted net profits of P4.7 billion in the first quarter, mainly driven by EBITDA growth which offset depreciation charges and non-operating expenses during the period. Ayala Corporation | 1Q 2018 Earnings Release 3 | P a g e May 11, 2018 Globe spent around P6.6 billion in capital expenditures as of end-March to support the growing subscriber base and demand for data. Of this amount, 64 percent was deployed to data-related services. To date, Globe has a total of 38,963 base stations, with over 25,600 for 4G. As part of its network expansion and optimization plan, Globe initiated discussions with third-party groups for the establishment of a tower company that will help speed up the build and deployment of cellular towers in the Philippines. Globe is looking to divest all or part of its tower assets to independent tower companies and open these up for lease to new and existing telco players. The Philippines has one of the lowest tower densities in the world, with under 20,000 towers serving a population of 100 million people. Manila Water Manila Water’s firstquarter net profits jumped 17 percent to P1.7 billion on improved performance of the Manila Concession and domestic business units combined with lower depreciation expense. Manila Water’s revenues rose eight percent to P4.7 billion largely driven by additional billed connections in the Manila Concession and its domestic operating subsidiaries as well as higher supervision fees recognized by Laguna Water. Depreciation expense See ayala, page 9


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Tuesday

DAVAO

‘Oplan Kalinaw’ nets 24 wanted persons in Davao

D

AVA O C I T Y -Twenty-four persons with standing warrants of arrest were arrested by authorities during the Oplan Kalinaw, or Joint Area Security Community Service and Protection Operation, conducted in different areas here on Friday. Senior Insp. Maria Teresita Gaspan, the spokesperson of Davao City Police

Office (DCPO), said the operation of the joint security forces and law enforcement also resulted in the identity and profiling of 1,252 residents in Barangays Tomas Monteverde, 39-D, Talomo, Sasa, Buhangin, Bunawan, Toril, Tugbok and Calinan. Among them were 1,118 persons and 134 without ID. The persons arrested

are facing various crimnal cases such as the violation of the Social Security System (SSS) law, statutory rape, frustrated theft, gambling among others. Gaspan identified the arrested persons for illegal gambling as Coleta Tababa Roble, Ernie Celis Rode, Randy Ranolo, Zyrel Balisin Delitina, Nonito Mojinco Gacuma, Ely Dayon, Aries de Leon Mala, and Redondo

Sapito. Jhon Paul Elisan Ancajad was arrested for slight physical injuries and maltreatment, Nancy Pepugal Labrado for the SSS Law, Alvin Ritan Enriquez for qualified statutory Rape, and Delo Santos Oconer for frustrated theft . Others were George Henon Bustamante, Carlo Caballero Lumaran for Serious Physical Injury, Efraim

Residents haul their belongings as they voluntarily vacated their houses following the implementation of a writ of demolition and eviction against alleged illegal settlers at Barangay 23-C Salmonan in Davao City on Monday (7 May 2018). mindanews photo

Angel Montemayor Lagrimas for serious physical Injury, John Roger Sarote for serious physical injury, Vincent Cosares Villanel for serious physical injury, Rodel Manequez for physical injury, Bernardo Joel B Dorato for violation of SSS Law, Bian Omega Viola for rape, Peter James Cudiamat for frustrated murder, Rafael Pamologan Chio for Violence Against Women and Children, and Alvin Catoblas Barriga for violation of the Magna Carta for Disabled Persons. Gaspan said 522 residents availed of the free medical check-up, supplemental feedings and among them, 466 persons who received free medicines and vitamins. The Oplan Kalinaw is a four in one security and outreach activity designed to profile residents and help them obtain identification cards, as well as conduct free medical check-up and distribution of free medicines. Friday’s Oplan kalinaw was conducted by the different units of the DCPO, Task Force Davao, Regional Mobile Force battalion, Philippine coastguard, Regional Mobile Unit, National Intelligence Coordinating Agency, Bureau of Fire and Protection XI, the Criminal Investigation and Detection Group (CIDG) XI, Regional Intelligence Unit, and the Davao City Health Office. (Rhoda Grace Saron/PNA)

DOH mulls extension of measles immunization drive in Mindanao GENERAL SANTOS CITY -- Anticipating tough days ahead due to the Dengvaxia controversy, the Department of Health (DOH) is considering this early to extend the ongoing mass supplemental immunization activity for measles and rubella in the entire Mindanao. Health Secretary Francisco Duque III said in a press conference here on Wednesday afternoon that he has ordered their regional offices in Mindanao to prepare for the extension of the initiative to ensure that they cover all eligible children. “My order is that, we should extend the period of the supplemental immunization activity because of the given obstacles

brought about by the fear of Dengvaxia,” he said. Duque personally led the formal launching of the Mindanao-wide immunization activity for measles and rubella that will run until June 8. The agency is targeting to cover a total of 2.7 million eligible children aged six months to below five years-old within Mindanao’s six regions during the month-long campaign. Davao region topped the list with 588,000 followed by Soccsksargen with 506,600. Duque, however, admitted that the Dengvaxia controversy has “tainted the integrity of the DOH’s entire immunization program.” He said they expect some

parents to resist and not allow their children to undergo immunization due to fears that the effects would be similar to the anti-dengue vaccine Dengvaxia, which had been blamed over a number of deaths in Metro Manila and Luzon. DOH had not conducted any mass immunization activity for dengue in Mindanao. Citing their experience in the National Capital Region, he said the participation rate was considerably low in the first two weeks of the measlesrubella immunization activity after it was launched last April 25. He said they only managed a performance rate of 3 percent or immunized around

42,000 children out of their 1.4 million target. During a random survey conducted by their vaccinators, Duque said 2,000 out of 3,000 respondents did not allow their children to undergo vaccination due to the Dengvaxia controversy. Because of this, he challenged local health workers to “step up and level up” their information and education activities on measles and rubella to ensure better results. Duque said it is important for them to understand that the vaccines being used for measles and rubella have long been proven to be safe. He stressed that the risks of potential complications of the disease are dangerous and

7 Teachers decline poll duty due to 'health' reasons: Deped

May 15, 2018

could lead to deaths. In Region, the DOH already recorded a total of 767 suspected measles cases since January, with 110 already confirmed. It recorded a total of nine deaths, all involving children who were not immunized. Duque said the number of measles deaths in the region represent 60 percent of the total 16 fatalities recorded in the entire country. “This should not have happened because measles is a vaccine-preventable disease. We have enough supplies of vaccines and deployed substantial vaccinators so there’s no reason for our children not to get vaccinated,” he added. (PNA)

DAVAO C I T Y – T h e Department of Education (DepEd) said health is the top reason why many teachers, most of them poll veterans, declined to serve in elections. Other reasons cited include peace and order, especially in remote voting stations, and fear of being dragged into electoral protests. In this year’s barangay elections, conflict of interest is another issue because their relatives are running for barangay and Sangguniang Kabataan positions, said DepEd Region XI spokesperson Jenielito Atillo. Atillo said honorarium and the fear of guns and goons have never been the major concern of the teachers during elections. “Not all teachers but many opted not to serve, specifically because of health reason and members of their family are running in the barangay elections,” Atillo said in an interview Thursday. He said many of those not serving in the barangay and SK elections are veterans of past elections. He added it was unfair that teachers, who are entrusted the ballot boxes every election to protect the votes, usually bear the brunt in cheating and ballot switching issues. Worse, the teachers were not provided the necessary financial and legal support during case hearings. Atillo said these are the reasons why many teachers felt elated when they were no longer required to serve in the elections. In this barangay and SK elections, Atillo said that in Davao City alone there are about 2,000 to 3,000 teachers and non-teaching staff who will be serving. Despite some teachers not serving in this election, the Commission on Elections (Comelec) Region XI earlier said the number of BEIs is enough for Davao region. It was able to pool people and trained them for the barangay and SK elections. Comelec bared a total of 24,918 chairmen and members of the BEI for Davao region. The poll body's regional spokesperson Krisna Samantha Caballero said the number of BEIs is enough. As i d e f rom h i g he r honorarium and travel allowance, Caballero said Comelec has also prepared budget of PHP500,000 for death benefits, PHP200,000 for medical and legal services, and PHP50,000 other assistance. (Lilian C. Mellejor/PNA)


8

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Tuesday, May 15, 2018

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Is technology a threat?

T echnology h a s changed many things in people’s lives. Up to what extent will it change the world? Recently, some people

have expressed concerns about the effects of technology. The most dominant concern these days is if artificial technology (AI) would replace people in

NOTICE

NOTICE

Notice is hereby given that the intestate estate of DIONESIO BASARTE who died on ____________ at __________________, that the said deceased, at the time of their death, they left Parcel of Land situated in Lingating, Baungon Bukidnon and more particularly described as follows: TECHNICAL DESCRIPTION COVERED BY TAX DECLARATION NO. 02-01-5873 “ Cadastral Lot No. 906, Pls-173, containing an area of Four Hundred (400) SQ.M. and Three Hundred Fifty One (351) SQ.M.; Is the subject of EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND; made and entered into by and among the HEIRS/VENDORS and VENDEE; That for and in consideration of the total sum of FORTY FIVE THOUSAND PESOS ONLY (Php 45, 000.00) Philippine Currency, receipt of said amount is hereby acknowledge by the VENDOR after the amount is paid in hand by the VENDEE the VENDER/S hereby SELL, CEDE, TRANSFER and CONVEY the above-described PARCEL OF LAND only a portion of Eighty (80) square meters, more or less; Under Notary Public of Atty. Emelito J. Marquiño; as Per Doc. No. 428; Page No. 85; Book No. XV; Series of 2018.

Notice is hereby given that the intestate estate of ANNE PAJO who died on September 17, 2007 at Kauswagan, Cagayan de Oro City, that the said deceased left her share with our house and lot located at Kauswagan, Cagayan de Oro City, and more particularly described as follows to wit: “A PARCEL OF LAND (Lot 5, Block 12, PSC-10009858, being a portion of Block 1, Block 2, Block 3, and Lot 1., Block 6, PSD10-009099), containing the technical description under Transfer Certificate of Title No. T-64347, declared under Tax Declaration No. 070484.” Is the subject of AFFIDAVIT OF ADJUDICATION WITH CONFIRMITY OF SALE; made and entered into by and among the DANTE B. PAJO; That I hereby confirmed that I sold the above described property to ERNESTO BEROL BONGADO JR. and I hereby request the Register of Deeds, to issue a new Transfer Certificate of Title in the name of him; Under Notary Public of Atty. Emelito J. Marquiño; as Per Doc. No. 418; Page No. 83; Book No. X; Series of 2013.

MDN: May 8, 15, & 22, 2018

MDN: May 8, 15, & 22, 2018

jobs. Some people worry that robots and the internet might eventually replace people in the work field. “Technology is a very important topic for Asian economy and for ADB (Asian Development Bank),” said ADB President Takehiko Nakao during the “CNBC Debate: Technology for Change” held at the ADB headquarters in Ortigas Center, Pasig City on May 4. Nakao acknowledged that there are fears that new technology will replace jobs. The ADB chief noted that technology will bring in more products, which will result in more income and more demand for products. He also noted that the BPO (business process outsourc-

ing) industry contributes to the country’s GDP growth, and BPO uses technology. Technology in education Panelists in the CNBC debate highlighted technology in education. “Education is broader than spending money (for it). Equally important is changing the mindsets, and make them (stakeholders) realize how technology can change things,” remarked Mangala Samaraweera, Sri Lanka Minister of Finance and Mass Media. Nakao, for his part, said we can use remote technology for education. Having said that, Minette Navarette, president, Kickstart Ventures, Inc., noted the need to look at the whole

Republic of the Philippines Province of Misamis Oriental MUNICIPALITY OF CLAVERIA Local Civil Registry Office NOTICE FOR PUBLICATION In compliance with Section 5 of R.A. No. 9048, a notice is hereby served to the public that MA. IRMA SURALTA VALCORZA - ABALORIO has filed with this Office a petition for Change of First Name from “ERMA” to “MA. IRMA” in the Certificate of Live Birth of ERMA SURALTA VALCORZA who was born on FEBRUARY 3, 1971 at CLAVERIA, MISAMIS ORIENTAL and whose parents are GREGORIO DALAPAG VALCORZA and REBECCA QUINO SURALTA. Any person adversely affected by said petition may file his/her written opposition with this Office not later than MAY 13, 2018.

(SGD.) ANNA VICTORIA A. EVANGELISTA Municipal Civil Registrar

MDN: May 8 & 15, 2018

Five Benefits of Doing Action Research in the Classroom By: GERARDO Y. LOKING, SST 2

Teachers are constantly tinkering, creating, learning, and growing. Action research is a slightly formalized version of what skilled teachers do every day. By honoring action research as systematic professional inquiry, we empower teachers to improve their practice. It’s easy to get started undertaking a small, powerful action research project in your classroom. Let’s see what it can look like. Classrooms are complex social environments. In addition to subject matter and developmental expertise, teachers possess very specific knowledge about the learning dynamics of a classroom. Teachers understand that everything from the culture of the school to the current dating status of particular class members may influence the success of a lesson. This complexity means that large-scale education research has limited applicability on a day-to-day basis. There are just too many contextual factors affecting the implementation of any generalized approach. This means that most of the daily dilemmas of teaching, topdown policies and large-scale research are not detailed or nuanced enough to be useful.

Here are 5 benefits of doing action research in the classroom. 1. Action research powers professional growth Action research is a powerful form of teacher-driven professional development .In Action Research for Professional Development, Jane McNiff suggests starting with the question “How do I improve my work?” She argues that action research is fundamentally a professional improvement strategy .At the Middle Grades Institute each summer, participants seeking graduate credit use the Institute to launch their action research. Then, they present their findings to peers at a statewide gathering in January of each year. 2. Action research makes change manageable. Action research helps teachers focus on one aspect of their practice they would like to improve. Specific questions and a finite time period bind each iteration. This ensures natural pauses for reflection and planning. Victoria Smith, a Language Arts teacher at Crossett Brook Middle School in Waterbury, Vermont, focused her research on a single unit where she experimented

with a choice model which had been inspired by the art teacher at her school. n the rapidly shifting world of education, action research helps prioritize which changes are worthy of extra attention. Action researchers pick a slice of their practice and dive into the research literature, then they use data to evaluate success and draw conclusions. 3. Action research promotes collaboration The systematic nature of action research promotes purposeful collaboration. A team from Hazen Union Middle School, in Hardwick, Vermont, sought to create a new interdisciplinary unit called “I Belong,” so they worked together on an action research project to document and study the results. Educators can also collaborate between schools to share and compare related approaches. Check out this study looking at how student goal-setting is enhanced by digital tools, conducted by educators from Wallingford Elementary School and Shrewsbury Mountain School, in central Vermont. 4. Action research loves being shared. If you’ve ever wondered how to improve a

certain aspect of your practice, then it’s entirely likely another teacher is wondering how to improve that exact same aspect of their own practice. The Middle Grades Conference each January provides a venue for discussing action research and professional learning by teachers from around the state. Educators prepare presentations showcasing their driving question as well as the method they used to investigate it. They also prepare a short summary of their findings. The topics they pursue impact not only their own teaching but also intersect with issues and initiatives affecting teachers statewide 5 benefits of doing action research in the classroom .Teachers are constantly tinkering, creating, learning, and growing. Action research is a slightly formalized version of what skilled teachers do every day By honoring action research as systematic professional inquiry, we empower teachers to improve their practice. It’s easy to get started undertaking a small, powerful action research project in your classroom. Let’s see what it can look like.

system. “We brought computers to a school. But after a year, the computers are not yet removed from the box. It’s not because they didn’t like to use these, but because they needed electrification, the access to the internet, the knowledge to use these,” she narrated. Nakao, meanwhile, cited that the ADB has published a research on the importance of technology. “We use technology in education. But we have to make the education adaptive,” he said. Human touch Navarette said that definitely, not 100 percent of jobs would be replaced by technology. She added that according to World Bank, only less than 5 percent of jobs would be replaced by technology. Another panelist, Nandita Parshad, managing director, Energy and Natural Resources, European Bank for Reconstruction and Development, noted that definitely, people need “human brains” to work behind the technology. “The next technological change will come from

scientists, not from robots,” she said. Samaraweera expressed his belief that technology will lead to higher production, which will lead to higher employment and higher growth. “(In Sri Lanka), we offer incentives to investors in technology. The incentives are not just for Sri Lankans, but for foreign investors, too,” Samaraweera shared. Retraining is something that can be done to help people not to lose their jobs, and retraining is something that the government can do, according to Parshad. For the ADB chief, human touch should always be present. Nakao emphasized that despite the rapid growth in technology, people still need face-to-face communication. “Why did we bother to gather here if we could conduct this (ADB annual meeting) through the internet?” he asked. Nakao said hearing a person’s voice and seeing his or her facial expressions are still important for us to know how the other person feels. (PNA)

War on Waste: A Challenge to Every Juan By: Zita S. Balabag MAT-Filipino Pangantucan Central Elementary School

“Cleanliness is next to Godliness” a quotation we always read and heard. We can Read it from fosters, books and magazines. We can also hear it from our friends, colleagues and superiors. How it affects us? For me I believe that a clean place is a safe place to live I, this implies that cleanliness is very important to all of us. But what do you think is the proper way to achieve it? We are in an institution that is designed to furnish learning spaces conducive to learning for our pupils. Teaching them to become life long learners, molding and shaping their young minds to be good citizens in the future. Teaching cleanliness also counts, not only the concepts that can be found in textbook and other instructional materials but it is also learning by doing. In our school one of the big problems is proper garbage disposal because until now there are some pupils who did not know the proper way of waste segregation. A big school like Pangantucan Central Elementary School whose total enrolment is more than two thousand five hundred pupils, it is really a disaster on the part

of the JERU members, SPG officers, Clean and Green Brigade as well as the teachers and principal to solve this problem. Yes, we have trash cans, trash bins properly labeled inside the classrooms and almost everywhere inside the school premises but it seems like most of the pupils didn’t understand the purpose of these plastic container. Another problems of these this garbage cans are fully loaded, it takes the number of days to be collected by garbage truck so it will become eyesore to our surroundings. As responsible residents of this community let’s join our hands to combat this perennial problem of garbage disposal. We will remind our pupils to be responsible of their waste materials teaching them to reduce, reuse, recycle, recover and repair the carbage in the classroom around us.”May Pera sa Basura”. That’s why it is very important to educate our pupil to segregate garbage in our classroom and even in their respective hoe. By doing this we can live a Clean and Green community. May every Juan says,” proper garbage disposal begins in me.


9

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IBON: TRAIN-induced price increases are permanent THE inflation spike marks the start of increases​driven by the Tax Reform for Acceleration and Inclusion (TRAIN)​in the prices of basic goods and services for the next three years, research group IBON said. Further inflationary surges are likely to happen in 2019 and 2020 when the next two rounds of additional taxes on oil products take effect. The Duterte administration’s banner TRAIN is among the biggest factors driving the inflation rate to its highest in over six years, said the group. IBON noted that the headline inflation rate of 4.5% year-on-year in April is the highest since late 2011, bringing the year-to-date average inflation rate to 4.1 percent. This already breaches government’s inflation target for 2018. As it is, food, vegetable and fuel prices are already palpably higher from a year ago, IBON observed. The price of regular milled rice has increased from Php35 to Php40 per kilo, of galunggong from P140 to Php160, of pork liempo from Php225 to Php240, sitao from Php60 to Php100 per bundle, and

red onions from Php50 to Php80. Just since January, the price in Metro Manila of diesel has gone up by over Php7 per liter to Php44.35 and of gasoline by some Php6.80 to Php55.37. LPG is also already much more expensive at some Php650750 for an 11-kg cylinder. “The higher prices of basic commodities hits the country’s poorest 17.2 million families who do not get any personal income tax (PIT) benefits the worst. This burden belies the Department of Finance’s (DOF) fake news claim that ‘99% of taxpayers’ will benefit from TRAIN,” said IBON executive director Sonny Africa. Africa also said that government economic managers are being dishonest and insensitive when they downplay the impact on prices by saying that the inflation spike is only temporary. “The price increases from TRAIN are very permanent and even if inflation rates moderate this does not mean that prices will be lower,” Africa said. “It is grossly deceitful for economic managers to give

the impression or claim otherwise,” he added. “Prices will continue to rise for the poor from TRAIN’s new and higher taxes unless the government says that the inflation rate will turn negative, which is unlikely.” According to Africa, while there are many reasons for inflation the government only seeks to divert from its direct accountability for TRAIN-induced higher prices by exaggerating the effects of global oil price and the peso depreciation. Dubai crude has been at US$62-66 per barrel and the peso at up to Php52.10 per US$1 since the start of the year. However, even when the price of Dubai crude reached US$105 per barrel in 2013 inflation only averaged 2.6 percent. Similarly,

Ayala...

districts in the Province of Bulacan. First is from the Balagtas Water District for a 25-year concession which will implement water and used water projects in Balagtas, Bulacan. The project has an estimated capital expenditures of over P400 million and is projected to deliver billed volume of 22 million liters per day by year 25. Second is from the Bulacan Water District for a 25-year concession for the provision of water and used water projects in the Municipality of Bulakan. Estimated capital expenditures is also P400 million and is targeted to deliver 16 million liters per day by year 25. Ayala Corporation | 1Q 2018 Earnings Release 4 | P a g e May 11, 2018 AC Energy AC Energy nearly doubled its net profits in the first quarter of the year to P593 million, boosted by robust contributions of its Indonesia investment and thermal and renewable platforms. Equity earnings from AC Energy’s investee companies also doubled to P822 million led by fresh contribution from Salak and Darajat in Indonesia. In addition, higher generating capacity of its thermal unit GN Power Mariveles and solar farm Montesol supported AC Energy’s profitability during the period. All these cushioned the impact of development costs incurred from its

projects under construction. As of the first quarter, AC Energy has a total attributable capacity of around 1,600 megawatts from thermal and renewable plants in operations and under construction. It has a target to ramp this up to 2,000 megawatts by 2020, with 1,000 megawatts to come renewable sources. In parallel, it has a goal of achieving a net income of P5 billion by 2020. AC Industrials Despite strong topline growth of both its electronics manufacturing and vehicle retails segments, a one-off expense and startup costs of new acquisitions weighed down AC Industrials’ net income, declining 36 percent to P217 million in the first quarter. In electronics manufacturing services, Integrated Micro-Electronics posted a revenue growth of 38 percent to US$325.8 million, buoyed by the strong performance of its automotive, industrial, and telecommunications segments combined with contributions from recently acquired entities. This strong revenue growth was tempered by a one-off expense of US$3 million attributed to employee relocation incentive related to the transfer of one of its China operations. The relocation was prompted by a sale transaction, which will result in gains to be re-

from page 6

dropped 20 percent to P601 million owing to accounting adjustments in Manila Water parent company and its subsidiaries Laguna Water, Boracay Water, and Clark Water implemented in May 2017. Manila Water registered higher billed volume across its operating units, reaching 181.7 million cubic meters, up three percent. The Manila Concession registered a four percent growth in billed volume to 120.3 million cubic meters, with significant improvements also recorded by Laguna Water, Clark Water, Boracay Water, and Estate Water. Manila Water’s foreign investments have started to bear fruit, with their earnings contribution increasing 26 percent to P109 million in the first quarter. As it continued its infrastructure build up, Manila Water deployed P3.4 billion in capital expenditures in the first quarter, a 63 percent expansion from a year ago. A bulk of the amount was allocated to the Manila Concession, which spent P2.9 billion, while the rest was channeled to the network expansion of domestic subsidiaries. Manila Water continues to grow its portfolio outside the Manila Concession. Last month, it received Notices of Award from two water

when the peso was at over Php54 per US$1 from late 2002 to mid-2004 inflation only averaged 2.5% , Africa explained. Africa said that among all the major factors driving high prices, the government has the most control over the taxes it charges. “If government wants to it can immediately lower inflation and prices for the people by suspending implementation and then repealing the grossly regressive TRAIN law ,” he said. Revenues can and should instead be raised with progressive tax reforms that increase the burden on the country’s super-rich and that relieve the poor majority while their incomes are still so low, Africa concluded.​ source:ibon.org

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

DOF: Tax reform fueling PH growth By Kris Crismundo, PNA

THE Department of Finance (DOF) said the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) Law provides ample fiscal space for the government to fund programs that support economic growth. In its Economic Bulletin on GDP, the department said Package 1 of the TRAIN Law will bring in additional resources for the government to finance its Build Build Build Program, as well as greater spending on social services. “These investments are game-changing in the sense that they catalyze further investments, which, in turn, drive investment-led growth, generate meaningful employment, and subsequently reduce poverty,” the DOF said. On Thursday, government data showed that gross domestic product (GDP) in the first quarter of 2018 grew by 6.8 percent, led by industry at 7.9 percent, services at 7 percent, and agriculture at 1.5 percent. The DOF noted that aside from strong household consumption, government consumption was also robust in Q1 2018. Government consumption increased by 13.6 percent in Q1 2018, a big jump from Q1 2017’s growth of 0.1 percent. This also surpassed household consumption in January to March 2018, which grew by 5.6 percent compared to the same period last year. Government data also showed that tax revenues increased by 14.3 percent in the first three months See fueling, page 11

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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

Tuesday, May 15, 2018

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

alized within the year. This one-off expense resulted in a 36 percent decline in IMI’s net income in the first quarter, which stood at US$5.6 million. Excluding this one-off cost, IMI’s net income would have remained at par with the previous year. With the recent completion of its P5 billion stock rights offering, IMI is wellpositioned to pursue new growth opportunities. AC Industrials, which previously held 50.6 percent of IMI’s outstanding shares, subscribed to its proportionate and unsubscribed rights share, raising its stake in IMI to 52 percent. In vehicle retail, AC Automotive registered an 11 percent net income growth to P129 million in the first quarter on robust unit sales of the Volkswagen and KTM brands. Balance Sheet Ayala’s balance sheet remains healthy with ample capacity to undertake investments as well as cover its dividend and debt obligations. As of the first quarter of the year, parent level cash stood at P16.9 billion, with net debt at P72 billion. Ayala’s net debt-toequity ratio stood at 0.65 at the parent level and 0.71 at the consolidated level. The conglomerate’s loanto-value ratio, the ratio of its parent net debt to the total value of its assets, was at 7.5 percent at the end of the first quarter.

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Loan... from page 6

their take home pay is not less than PHP5,000 after deduction of monthly obligations. If they are indebted to more than one private lender, they may consolidate their loans and transfer the total amount to GSIS. The proceeds of the loan will be paid directly by GSIS to the private lending institutions. “This loan program is a balance transfer and debt-consolidation facility in one. It allows the members to take a second look at their spending habits -- if they are heavy borrowers, they might be spending beyond their means,” Aranas said. “The best thing about GFAL is that the borrowers will go through loan evaluation and counseling process and are required to attend the GSIS Financial Literacy Seminar before taking out the loan to adopt good money management practices.” All DepEd personnel may qualify for the loan if they are active regular GSIS members with permanent status and paid premium for the past three years; not on leave without pay; have an outstanding loan from DepEdaccredited lending institutions; and have no due and demandable loan account with GSIS. The borrower should also have no pending administrative case or criminal charge except for those who were sued by an accredited lending institution for non-payment of loan obligations as a result of the prioritization of GSIS and Home Development Mutual Fund (Pag-IBIG) loan payments under Department Order No. 38, s. 2017 on July 31 last year. These members are qualified to

avail of GFAL. The interest rate of GFAL is 6 percent per annum computed in advance and payable in monthly installments for six years. Payments will be automatically deducted from the borrower’s salary. The loan has no processing fee. Availing of the loan is not compulsory but voluntary on the part of the members. To apply, DepEd personnel need to submit a properly filled-up application form, which can also be downloaded from the GSIS website (http://www.gsis.gov. ph/downloads/forms/20180504FORMS-GFAL_Application.pdf); GSIS-prescribed statement of account (http://www.gsis.gov. ph/downloads/forms/20180504FORMS-GFAL_SOA.pdf), with clear photocopy of the ID of the authorized representative of the lending firm who will claim the check from the GSIS and contact details; borrower loan agreement, loan voucher or other certified documents indicating the term of loan, interest rate, monthly amortization and due date of first loan amortization; and pay slips for the past three months, certified as true copy by the agency authorized officer. Only complete submissions will be accepted and processed by the GSIS. Interested parties who have inquiries may visit the GSIS website, www.gsis.gov.ph, or Facebook account, @gsis.ph; email gsiscares@gsis.gov.ph; or call the GSIS Contact Center at 847-4747 or 1-800-8-847-4747 (for Globe [free with minimum PHP8 load] and TM subscribers) or 1-800-10-847-4747 (for Smart, Sun, and Talk ’N Text subscribers, PHP8 per call). (GSIS PR)


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Tuesday, May 15, 2018

The Good Looks of Education By: Jackie Lou S. Matbagan SNHS-Vista Villa Annex

The educational system in the Philippines had gone countless modifications of improvement from pre-Spanish period up to present-day. And conferring to the history that it was patterned in the principles of the societies. There were inscribed and oral literatures that it was an exertion of evil but some oral literatures were patterned until today like forms of

proverbs, songs, maxims, epics, tales and religious criminal codes. Philippine educational structure was patterned after the American educational system, the curriculums of studies were revised adapting the changes. The system evolves from its simple beginning and was shaped by foreign inspirations. R.A 10533 which is otherwise

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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

known as Enhanced Basic Education Program of 2013 of which the heart of the program is the Senior High School. Students are given the chance to choose areas of specialization or electives such as science and technology, arts, sports, journalism, tech-voc, foreign language, entrepreneurship and subjects for advanced placement. This is to get ready our young Publication Notice R.A. 10172

generation to embark on a new journey to the new world, a more holistic and well developed individual (DepEd). Education is important to one’s success in life and having a successful country is having that educational system in line with the need of the citizens. Education is the key to success, without a good education you will find

NOTICE TO THE PUBLIC Date: May 03, 2018

CCE-0020-2018 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 VENNES ALBIA-APOSTOL has filed with this Office, a petition for correction of entry in sex from "Male" to "Female" in the Certificate of Live Birth of VENNES BALBOA ALBIA at Poblacion, Matanao, Davao del Sur and whose parents are Roberto C. Albia and Vilma D. Balboa. Any person adversely affected by said petition may file his written opposition with this Office not later than May 18, 2018.

(SGD) NONITA DIONISIO-DALUMPINES (Signature over printed name of the C/MCR)

MDN: May 8 & 15, 2018

it hard to achieve success in one’s life and other our counties pride. Now the K to 12 education in the Philippines basic education program has been officially implemented. It has been initiated by the Aquino administration where students will have to undergo a new system of education. The program will require all incoming students to enroll into two more years’ basic education in senior high school. As the grassroots implementer of the program, Schools, coordinators, planning teams, parents and

stakeholders collaboratively embraced the K to 12 program. Tracking of out of school youth (OSY’s) and strategic plan is a tool to increase enrollee and cater their educational and technological preference. As a catalyst of change doing your very best to render service and strive for the betterment of the department of education. Doing various aspects of life that can help change and mold the lives of our students as will us to our country to produce a globally competitive quality students.

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Lauded... from page 4

Effectiveness” - “Most Improved Nutrition Program Management” - “Jose Rizal Award for Bloodletting Program” -“Best in Health Emergency Management in Metro Manila” . It’s a numbers game Two things which last Friday’s decision on the Sereno quo warranto case proved: - One, it’s a numbers game. The law is what a majority of the Supreme Court en banc declares it to be. Ousted SC Chief Justice Sereno just needed one more Justice to vote for her and she would have lived to fight another day. This time, to face her accusers in an impeachment court. Some observers believe that she would have fared better in an impeachment trial where her accusers would have more difficulty mustering at least 16 votes needed to convict her. -Two, as in Jai Alai, “El Fallo del juez is inapelable.” In other words, pag sinabi ng referee, tapos! The Supreme Court is the final arbiter when it comes to interpreting the laws. The “Sereno doctrine” will now stand and form part of the law of the land until at some future time, it is reversed by another Court with a different composition and perspective. Note: You may email us at totingbunye2000@gmail. com. You may also “like” us on Facebook at “Speaking Out.”

Balance... from page 4

South Korea has currently longer working hours than any other developed country: an average 2,069 hours per year, per worker, according to 2016 data compiled by the OECD. The analysis covered 38 countries and showed that only Mexicans (2,225 hours/year) and Costa Ricans (2,212 hours/year) worked longer hours. South Koreans bucked a global trend: studies carried out by the International Labor Organization (ILO) show that lower and middleincome countries tend to work longer hours than their richer counterparts, thanks to a series of factors that range from the proportion of self-employed workers in the labour force to lower wages, job insecurity and cultural issues. Death by overwork is so prevalent in Japan that they have a word for it: Karoshi. But South Korea is not the only rich country to defy the odds. Japan has a problem with “death by overwork”. In more specific terms, the word means employees dying either from stressrelated ailments (heart attacks, strokes) or the ones who take their own lives because of the pressures

of the job. The average of 1,713 hours worked per year in Japan is not among the highest in the OECD list, but beyond the number, there is the grim reality that the country has no legislation at all stipulating a maximum weekly hour limit and neither overtime limit. In the 2015-16 financial year, the government registered a record 1,456 karoshi cases. Workers’ rights groups claim that the actual figures could be many times higher due to under-reporting. Japan has a problem with “death by overwork”, expressed not only by statistics but also the fact that the Japanese language has a word for this: karoshi. According to ILO’s most recent figures, Asia is a continent where more people work the longest hours: most of the countries (32%) have no universal national limit for maximum weekly working hours and another 29% have high thresholds (60 weekly hours or more). And only 4% of the countries abide by the ILO recommendations and set the international labour standards of a maximum of 48 hours or fewer for the working week. In the Americas and the Caribbean, 34% of the nations have no universal weekly hour limit, the highest rate amongst regions. One of the countries without a limit is the United States. But it is in the Middle East where the legal limits are more open for long hours: eight out of 10 countries permit weekly working hours in excess of 60 hours per week. In Europe, on the other hand, all countries have maximum weekly hours, and only Belgium and Turkey have legal working hours of more than 48 hours. But it is Africa that shows the greatest number of countries in which more than one of third of the labour force works over 48 hours per week. The rate in Tanzania, for instance, is 60%. Surveys have also identified cities in terms of average hours. In 2016, Swiss Bank UBS released an analysis of 71 cities that showed Hong Kong with an average of 50.1 weekly working hours, ahead of Mumbai (43.7), Mexico City (43.5), New Delhi (42.6) and Bangkok (42.1). Mexicans, apart from the longest hours, are also subjected to one of the meanest holiday regimes in the world: their legal minimum paid annual leave is less than 10 days, like in Nigeria, Japan and China, for example, while regional neighbours Brazil offer a minimum of between 20 to 23 days. It c ou l d b e wors e, though. In India, where there is no universal national limit for maximum working hours, workers do not have a guaranteed minimum amount of annual leave. Lastly, let’s find out where your work-life-balance is.

Tuesday, May 15, 2018 +++ Email:doringklaus@ gmail.com or follow me on Facebook, LinkedIn or Twitter or visit www. germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com.

Names... from page 1

Alonto said during yesterday’s inauguration of the seven-storey new offices of PhilHealth in Northern Mindanao. “It is sad to note that while the PhilHealth here in Northern Mindanao is expanding and new hospitals are mushrooming, the PhilHealth national management has incurred billions of losses. If we don’t act on this now, we will go bankrupt. That’s billions of losses we’re talking about,” he added. By contrast, PhilHealth Northern Mindanao is targeting a P7-billion revenue by December 2018. It has already reached the P6billion mark last year. The feuds between dela Serna and her subordinates started in November 2017 when the regional vice presidents filed a usurpation complaint against dela Serna before the Ombudsman, stating that dela Serna is continuing to hold office minus an office-in-charge appointment. Dela Serna remains to hold office as PhilHealth president in an interim capacity since April 2017. The word war exploded two days ago when dela Serna called a press conference in her Manila office, blaming the regional vice presidents of colluding with favored hospitals, leaving others remaining indebted to. Alonto assure d t he public that none of the local hospitals in Region 10 are experiencing the same situation that their national counterpart, the Private Hospitals Association of the Philippines, are cuirrently experiencing with PhilHealth’s national indebtedness to them ballooning everyday. “Instead of addressing her own losses, the interim president is blaming us, the local vice presidents,” he said.

the following morning. Assistant Secretary Felix Castro, Field Manager of Task Force Bangon Marawi, said a total of 7,799 families or 57,100 persons were able to visit their properties inside Marawi City from April 1 to May 3, 2018. Records for the last two sectors — Sector 8 on 4,5,6 and Sector 9 on May 8, 9 and 10. Castro said residents assisted by troops found human remains consisting of four skulls and four skeletal bones. At the end of the fighting in Marawi City in October 23, the military has still to account for the exact number of hostages and terrorists. President Rodrigo Duterte visited Marawi City on Friday where he appealed for time to complete the rehabilitation efforts. Duterte assured residents they can have their properties soon after the demolition of ruined buildings can be completed. “We will return the properties to the rightful owners once the downtown area is cleared,” Duterte told an audience of local government and military officials at the Lanao del Sur provincial capitol gym Thursday night. Duterte said he envisions breaking the rest of the 6,000 hectare military reservation and turn them over to poor residents for farming. Castro said most of the properties in Marawi lay within a military reservation signed by then President Elpidio Quirino in 1953. He said the process of clearing Marawi City of from page 3 ruined buildings will take with the agenda,” he said. up to ten months. At present, Aurelio said, some marine scientific research institutions have to from page 1 rely on funding agencies of directors held an for budget, which “is not emergency meeting yes- really very good.” He said one MSR abroad terday (Thursday, May 10) presumably to discuss the would cost USD50,000 to ongoing legal and word USD75,000 (PHP3.8 milfeuds between dela Serna lion) a day while at least and her regional vice presi- PHP5 billion would be needed to acquire a marine dents. It also came at a time research vessel. In the MSR at the Philwhen PhilHeatlh regional rank and file employees ippine Rise, Aurelio said are circulating an online the Filipino scientists will petition also demanding be on board BRP Gregorio Velasquez, a four-decadefor dela Serna’s ouster. PhilHealth Cagayan de old research vessel donated Oro head Marlon Nino Ar- by the United States. The BRP Gregorio Velasrabaca said the petition had already garnered thou- quez left Albay last Thurssands of signatories and will day with a team of marine promptly be delivered to scientists on board, though President Duterte once it a formal send-off ceremony reaches maximum number will take place in Casiguran on May 15. of signatures. “They will go northwards “Our rank and file employees know their job on towards Benham Rise. It’s the ground. They know estimated about within three that the interim president weeks from today. I think is incompetent to do hers,” they are finishing on the

Research...

Head...

27th. That’s three weeks to travel and conduct survey,” Aurelio said. Duterte will lead the commemoration of the renaming and send-off of the government’s national MSR program for 2018, but will not proceed to the Philippine Rise. In 2012, the United Nations Commission on the Limits of the Continental Shelf validated the Philippines’ submission to an extended continental shelf in the Philippine Rise region from 200 nautical miles to 350 nautical miles, covering an area of 24.4 million hectares. The Philippines presented scientific and technical evidence, such as geodetic, bathymetric, geophysical, and geological data from national government agencies and international sources to support its claim. In the MSR in the Philippine Rise, Aurelio said the oceanographic expedition aims “to understand several processes that occur in the oceans.” “Essentially on oceanography, they study ocean currents and also the chemistry of the waters, like salinity and some other components,” Aurelio said. He said the results of the MSR will be very useful for the fisheries sector in the country. (PNA)

Growth... from page 3

program to make the Philippine basic education system at par with international standards as it increased the number of years for basic education to 12. Furthermore, in 2017, President Rodrigo Duterte signed a law that provides free tuition for students of state universities and colleges (SUCs) in the country despite the opposition of some economists. Likewise, Kakwani stated

that government transfers are “highly propoor” and are very effective in reducing poverty. He also suggested investing on safety net programs but warned against inefficient spending, saying that the government should be able to utilize its budget to fund other social welfare programs and make them more beneficial especially to the poor.

Fueling... from page 9

of the implementation of the TRAIN Law, higher than the 13.4-percent increment in tax revenues in the same period last year. The TRAIN Law provides new sources of tax collection for the government, such as excise taxes on oil products, automotive vehicles, and sugar-sweetened beverages. The additional tax collection is intended for the government’s Build Build Build Program to improve infrastructure and connectivity throughout the archipelago, as well as enhance the quality of the local workforce by investing in human capital development. “Strong macroeconomic fundamentals, such as strong external position and ample fiscal space, will continue to sustain the momentum for high growth,” the DOF said. (PNA) Mindanao Daily

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MINDANAO DAILY We innovate... and we lead!

Editor: MARK FRANCISCO

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May 15, 2018

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ORORAMA’S NEWEST PROMO. Ororama Supercenter Marketing Manager Globien Capillan explains the mechanics of their newest promo for 2018 Shop Click and Win. Right, adorable kids from Children’s Joy Foundation perform onstage with event host Bernie Bitok Bitok. Photos by Gerry Lee Gorit

TFS presents the new Toyota Rush T

HE new Toyota Rush 2018 was unveiled and presented by Toyota Financial Services at Toyota Cagayan de Oro last Wednesday. According to TFS Mindanao team head Bennie Amboayan, there will be ten percent off downpayment for all orders of the new Toyota Rush 2018 till the 31st of this month of May. The promo covers dealerships under Toyota Cagayan de Oro – Toyota Butuan, Toyota Zamboanga, Toyota Valencia and Toyota Iligan under the indefatigable leadership of assistant general manager Allen Rey Rodriguez and vehicle sales manager Tina Yap. The all new Toyota Rush 2018 comes in three variants: the Toyota Rush G1.5 Auto and the Toyota Rush E1.3 Auto and Manual. It is a small SUV with a ground clearance of 220 mm featuring seven airbags for the safety not just of the

front-seated riders but as well as folks at the back. Its 17” rim tires can be steered using the rear wheel drive and the Toyota Rush has an added feature – a push start keyless entry. Toyota Rush also comes with upswept LED headlamps, a fourslat grille, capacitive touchscreen audio system, Oplitron meter gauge with MID, dual air conditioning, spacious luiggage compartment, front fog lamps and LED head lamps. In particular, the Toyota Rush G1.5 comes with roof rails, tilt-adjusted steering and reverse parking camera. Toyota Rush colors come in Bordeaux, dark red, white, silver, bleak and bronze. Toyota Rush – break away from the everyday. Toyota Financial Services is the inhouse financing arm of Toyota Motor Philippines. (Mark Francisco)


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