Edge Davao Volume 14 Issue 160 | Sunday-Monday, September 19-20, 2021 by Edge Davao The Business Paper

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VOL.14 ISSUE 160 • SUNDAY-MONDAY, SEPTEMBER 19-20, 2021

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TALKING POLITICS Sara, Win hold close-door meeting STORY ON PAGE 2

A young boy helps his grandmother pull a metal cart carrying water containers on their way to fetch potable water along the main road in Brgy. Mudiang, Bunawan District, Davao City over the weekend. Edge Davao

2 NEWS EDGEDAVAO

VOL.14 ISSUE 160 • SUNDAY-MONDAY, SEPTEMBER 19-20, 2021

President Rodrigo Roa Duterte is assisted by Senator Christopher Lawrence Go during a meeting with the Inter-Agency Task Force on the Emerging Infectious Diseases (IATF-EID) core members at the Malacañang Palace. Sen. Go has assured the public that the Duterte administration will never tolerate any form of corruption nor favor personalities based on connections. PRESIDENTIAL PHOTO

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3 rebels surrender in DavSur

Sara, Win hold close-door meeting By MAYA M. PADILLO

I don’t know kay Senator Sherwin if he wants to talk about it,” the mayor said. Early this month, Gatchalian was reported presenting himself as Mayor Sara’s vice-presidential candidate in the 2022 elections. In August, he said he would run for the vice-presidential post in next year’s elections only if Mayor Sara will pick him as her running

mate. Meanwhile, Mayor Sara confirmed that she and her brother Vice Mayor Sebastian “Baste” Duterte would seek re-elections as mayor and vice mayor respectively in Davao City next year. On Thursday, Mayor Sara’s spokesperson Liloan Mayor Christina Garcia-Frasco pronounced that Mayor Sara and Baste will both run for reelection in the 2022 elections. “Yes, I can confirm the pronouncements of Mayor Christina Frasco,” the mayor said on Friday. The mayor added that Baste will be the overall

organizing person for the joint campaign of Hugpong sa Tawong Lungsod (HTL). On the other hand, Mayor Sara also thanked Gatchalian for initiating the “Bakuna by the Sea”, which is part of the corporate social responsibility of Gatchalian-owned WIHD that aims to inoculate workers and stakeholders of the tourism sector in Davao City. “Nandito kami ni Senator Win Gatchalian because number one I wanted to personally thank the Gatchalian family through Senator Sherwin para sa

lawmakers to use the forum to uncover the truth and hear all sides. “Ang pakiusap ko lang sa mga kasamahan ko, gamitin natin ang forum na ito para lumabas talaga ang katotohanan at maging patas tayo sa lahat. Pakinggan po natin ang lahat ng panig,” said Go during a Senate Blue Ribbon Committee hearing on Friday, September 17. The Senator also asked the resource persons to help in the investigation by

telling the truth. “Ang pakiusap ko naman sa mga resource persons, makipagtulungan kayo at magsabi kayo ng totoo. Just tell the truth. ‘Yung katotohanan lang naman po para maliwanagan po ang lahat, para naman po hindi madamay ang mga inosente,” he said. Go expressed his displeasure to some unfounded claims that President Rodrigo Duterte tolerates corruption just because particular individuals in

question allegedly has connections with him. “Ang problema po dito, ‘yung iba pinagpipilitan na malapit ang isang tao sa amin ni Pangulo, pero hindi dahil malapit sa amin ni Pangulo ay ibig sabihin ay nagbibigay pabor na kami. Nagkakamali po kayo,” said Go. “Sa tinagal-tagal ko sa paninilbihan sa gobyerno, isa lang ang maipagmamalaki ko. Ako po, may delica-

ayor Sara Duterte-Carpio and Senator Sherwin “Win” Gatchalian met behind closed doors on political matters at Café Uno in Waterfront Insular Hotel Davao (WIHD) on Friday.

When asked by the media regarding the details of the meeting, Mayor Sara said it was about politics but refused to give more details on what they have discussed. “As I said kapag magkakasama ang mga politicians, politics really dini-discuss talaga yan. But as to what ang napag-usapan namin, hindi ko na lang sabihin,

s Senator Christopher “Bong” Go appealed for fairness and impartiality in the ongoing Senate probe into the use of COVID-19 funds, he also assured the public that the Duterte administration will never tolerate any form of corruption nor favor personalities based on connections. In a manifestation during the Blue Ribbon Hearing on Friday, September 17, he asked his fellow

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hree members of the communist New People’s Army (NPA) surrendered to government forces in Davao del Sur on Thursday (September 16). 2nd Lt. Sharmaine Dela Rosa, civil military operations officer of the Philippine Army’s 39th Infantry Battalion, said the returnees were believed to be remnants of the NPA’s Guerilla Front (GF) ALIP, Far South Mindanao Regional Committee (FSMRC) operating in Davao del Sur and part of North Cotabato. The surrenderers are identified only through their aliases as Boyet, 55; Bongcayaw, 51; and Sonny Boy, 32. They are all residents of Purok 6, Brgy. San Miguel, Magsaysay, Davao del Sur. Dela Rosa said the three were courier, organizer, and special partisan unit (SPARU). They submitted themselves to the Magsaysay Municipal Task Force on Ending Local Communist Armed Conflict. They also turned over a

homemade carbine; homemade caliber .45 pistol; 2 homemade UZI pistol; one homemade 12 gauge; 2 hand grenades; 5 magazines; 4 9mm ammunitions; 2 12 gauge ammunition; and an 30mm ammunition. The surrender was facilitated by the Local Government Unit (LGU) of Magsaysay in coordination with the 39th Infantry Battalion, 1002nd Brigade, 10th Infantry Division of the Philippine Army. During their debriefing, the three disclosed that they turned in due to the collapse of mass base support and fear brought about by the barangay visitations of the Community Development Teams, continuous conduct of Community Support Programs, and unending government interventions in the area. Lt. Col. Ezra Balagtey, commander of 39th IB, expressed appreciation for the intervention of different agencies in attaining peaceful

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2022 budgets for State Us in Mindanao reduced

xcept for one campus, the allocations for all state universities in Mindanao have been reduced based on the proposed 2022 national budget submitted by Malacanang to Congress. The Mindanao State University (MSU) System suffered a 73-percent cut, from P6.292 billion this year to P3.63 billion next year. The amount covers the budgets for MSU’s campuses in Marawi City, Gen-

eral Santos City, Dinaig in Maguindanao, Naawan in Misamis Oriental, and Sulu. MSU-Iligan Institute of Technology (IIT), although part of the system, has a separate allocation which was slashed too, from P1.394 billion in 2021 to P1.303 billion next year. But MSU Tawi-Tawi, which is also given a separate budget, got an increase of over P32 million, from P666.5 million this

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VOL.14 ISSUE 160 • SUNDAY-MONDAY, SEPTEMBER 19-20, 2021

EDGEDAVAO

NEWS

Resetting of BARMM polls to 2025 will boost peace process: Mendoza By MAYA M. PADILLO

orth Cotabato Vice Governor Emmylou Taliño-Mendoza is optimistic that the Congress’ approval to reset the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) parliament elections to 2025 will boost the peace process in Mindanao. The House of Representatives approved on the third and final reading on September 15, 2021, House Bill 1012, which is the enabling measure for the postponement of BARMM’s 2022 regional polls. This after the House Committee on Suffrage and Electoral Reforms, Committee on Muslim Affairs, and Special Committee on Peace, Reconciliation, and Unity jointly approved the draft substitute bill postponing for three years the first regular BARMM elections. Last week, the Senate approved a similar measure. “We in the province who are supportive of the Mindanao peace process can’t thank the House of Representatives and the Senate enough. Resetting the BARMM regional elections to 2025 will boost the peace process,” Mendoza said in a statement.

Mendoza also said that the postponement of the BARMM regional elections will also give the regional government and Malacañang enough time to gradually disarm thousands of Moro Islamic Liberation Front (MILF) members and reintroduce them to mainstream society. Mendoza is a staunch supporter of the peace process between the government and MILF saying this is a key to sustaining the province’s growth. “There are thousands of MILF members in North Cotabato, the key stakeholders to the Mindanao peace process,” she said. There are 63 barangays in different towns in North Cotabato that are under the Bangsamoro region now after residents voted for the

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Beach goers gather on a temporary land reclamation used as access way while a bridge is being constructed at Sta. Ana Port in Davao City, which is part of the Davao City coastal road project. Edge Davao

Davao Covid TF calls out unvaccinated Dabawenyos T he Davao City Covid-19 task Force, affirmed there is still a surge of Covid-19 cases in Davao City and urged Dabawenyos to get vaccinated.

“Padayon ang pagtaas sa atoang cases naa nata sa average 500 to 600 to 700 daily, ingon ana na. Naga-remind ko sa katawhan na dili magkumpyansa kay it seems

like Covid is here to stay for awhile. Unta katong wala pa nagpabakuna, magpabakuna na, tapos dili mamili ug brand, whatever brand it is, ang intensyon ug pur-

pose sa bakuna is to protect us from Covid-19,” Dr. Michelle Schlosser, Covid-19 TF spokesperson, said on Friday. Based on the data of the

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4 VANTAGE EDGEDAVAO

VOL.14 ISSUE 160 • SUNDAY-MONDAY, SEPTEMBER 19-20, 2021

On the city government target to inoculate at least 1,000 Dabawenyos in its latest vaccination rollout on Saturday:

I hope that you will take this opportunity to get vaccinated because we continue to observe that some people are still in doubt about the efficacy of the vaccine.” Dr. Michelle Schlosser

Davao City Covid-19 Task Force spokesperson

EDITORIAL Vigilance vs. terrorism Davao City’s civilian and police authorities have warned the populace against possible terror attacks in crowded places such as public markets, vaccination sites,churches, hospitals and malls, among others.

The warning came in the wake of an advisory from the Japanese Foreign Ministry to its citizens about the possibility of terror attacks in five Southeast Asian nations including Indonesia, Malaysia, Singapore and the Philippines. While Philippine authorities have not received this advisory formally from the Japanese Ministry,

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Indeed, the city government, the Davao City Police Office, Task Force Davao and other security agencies such as the Public Safety and Security Command Center are very serious given the experience of Dabawenyos on so many attacks worse of which were bombings resulting in the loss of so many lives in the past. Most important of all is civilian vigilance. Also, this is the best time to apply the culture of security developed among Dabawenyos all these years. ANTONIO M. AJERO Editor in Chief

NEILWIN JOSEPH L. BRAVO Managing Editor

MAYA M. PADILLO Senior Reporter

KENNETH IRVING K. ONG ATHENA JILLIAN BRAVO NIKKI GOTIANSE-TAN MEGHANN STA. INES FERINA SANTOS Lifestyle

ANA MARIE G. SILPAO Layout

LEANDRO S. DAVAL JR. ARMANDO B. FENEQUITO JR. Consultant Correspondent Columnists: MA. TERESA L. UNGSON • EDCER C. ESCUDERO • AURELIO A. PEÑA • ZHAUN ORTEGA • BERNADETTE “ADDIE” B. BORBON • MARY ANN C. QUISIDO • LEANDRO DAVAL SR.,TRIA • NIKKI GOTIANSE-TAN NICASIO ANGELO AGUSTIN • EMILY Columnists: ANTONIO V.“ADI” FIGUEROA • HENRYLITO D. TACIO •B.JOHN CARLO • MUJAHID NAVARRA ••FRED C. LUMBA • DENNIS R. GORECHO ZEN CHUA • CARLOS MUNDA Economic Analyst: ENRICO •“GICO” G. S. DAYANGIRANG • JONALLIER GREGORIO G. DELIGERO VIDA MIA VALVERDE • HAROLD CAVITE M. PEREZ

OLIVIA D. VELASCO SOLANI D. MARATAS RICHARD C. EBONAJASPER OLIVIA D. VELASCO V. BACSAL General Manager PresidentAdvertising Specialist Finance General Manager / VP Operations JOCELYN S. PANES Director of Sales

they are taking the terror threat very seriously.

SOLANI D. MARATAS Finance

CAGAYAN DE ORO MARKETING OFFICE MANILA MARKETING OFFICE RICHARD C. EBONA LEIZEL A. DELOSO | Marketing Manager Unit 6, Southbank Plaza Velez-YacapinProduct Sts. Development officer Cagayan de Oro City Address: No. 18 Purok 4B, Madelo Street, Lower Bicutan, Taguig City Tel: (088) 852-4894 Mobile number: +63 947 265 2969(smart); +63 916 955 8559(globe)

VOL.14 ISSUE 160 • SUNDAY-MONDAY, SEPTEMBER 19-20, 2021 ,

EDGEDAVAO

VANTAGE POINTS

SERAFICA J. WEIS IBP DAVAO CORNER

MARRIAGE WOES What should a husband do if his wife had mortgaged their house several times while he worked abroad for 28 years. Fortunately he was able to redeem it. Not content with squandering her husband’s earnings she ran away with another man and cohabited with him. If I were the husband, and if the resources permit it, it would be best to file for annulment of marriage, if they

are legally married, which we presume. Also, it would be advisable to file a criminal case of adultery against her and the man if the latter knows she is married yet had sexual intercourse with her, under Article 333 of the Revised Penal Code. This case may also bolster his annulment case. Meanwhile, to further protect the husband’s interest, it would be prudent to write the SSS to exclude her as

his legal beneficiary or any insurances he may have placing her as beneficiary, since there is no certainty that he may outlive her. If they have acquired substantial properties (real or personal), it would be best to apply as administrator of their properties to prevent her from dissipating their properties. This requires at least a year of abandonment of the spouse away from the conjugal abode.

Another option is to make a notarial will with three attesting witnesses, while the husband is of sound and disposing mind, so he could disinherit her. The grounds are cited in Art. 921 (specifically no.4) of the Civil Code of the Philippines., that is when the spouse has given cause for legal separation. Article 916 of the same law, requires that the legal cause for disinheritance should be specified and total.

Probate of said will while husband is still alive is advisable as it is easier to prove and expectedly more expeditious. There is a lesson to be obtained here, choose wisely your partner in life, cause you may end up in misery. If we can pray for a rain not to happen on our picnic day, why not for a lifetime partner?

HENRYLITO D. TACIO WHY CRITICISM IS NECESSARY “To avoid criticism, say nothing, do nothing, be nothing.” – Elbert Hubbard, Little Journeys to the Homes of the Great Vol. 3: American Statesman **

A judge, who was holding court in a far away town, was always sure of being annoyed by some cutting remarks by a local lawyer. After one such occasion, someone asked the judge at dinner why he didn’t tell off that nasty lawyer. The judge dropped his knife and fork to the table, placed his chin in his hands and elbows on the table, as he stressed the following story: “When I was little boy, we had a dog. On nights, when the moon was full, that old hound dog would how and bark at things he saw in the bright face of that moon. We never did sleep well those nights. Sometimes that dog would how all night long.” After sharing that anecdote, the judge picked up his knife and fork, and began to eat again. Bewildered, one had the courage to ask: “But that’s beside the point, you haven’t answered your critic.” “I just did,” the judge answered. “When that dog

barked, the moon just kept on shining. I don’t intend to say anything back. I’ll just keep on shining – quietly, calmly, like the moon.” The story reminds me of the words of American motivator Zig Ziglar. “Don’t be distracted by criticism,” he said. “Remember, the only taste of success some people have is when they take a bite out of you.” What is life without criticism. Perhaps, it will be boring and unchallenging. Imagine buying a new dress and no one ever commenting you that it looks good or bad in you. Think of writing a poem or short story with no one bothering to say a word or two. “The truth is, critics are a fact of life, and criticism is something all of us must face,” writes Dr. Richard Carlson, author of Don’t Sweat the Small Stuff. “In fact, the only way to avoid criticism is to live an isolated life where people aren’t exposed to your work, personality, or behavior.” But that’s impossible. No man is island, so goes a saying. We cease to exist if there are no people around us. That is the reason why we cannot escape criticism. “Concern over criticism clogs creativity,” Duane Alan Hahn reminds. To which

American psychologist Hendrie Weisinger adds, “Criticism is information that will help you grow.” We need criticism, Dr. Jose Rizal once wrote, to keep us awake. “Sometimes, the criticism we receive is valuable, even helpful,” Carlson wrote. “Other times, it’s utter nonsense. Either way, learning to use criticism as ‘small stuff’ is incredibly useful in our efforts to live a life of reduced stress.” There was a priest who kept on his desk a special notebook labeled, “Complaints of members against other members.” When someone called to tell him the faults of another, the priest would say, “Here’s my complain book. I’ll write down what you say, and you can sign it. Then, when I have to take the matter up officially, I shall know what I may expect you to testify to.” The sight of the open book and ready pen had its effect. “Oh, no. I couldn’t sign anything like that,” the complainant usually would say. That’s why no entry was ever made. The priest says he kept the book for forty years, opened it probably a thousand times, and never wrote a line in it. An anonymous once said:

“Criticism is the disapproval of people, not for having faults, but having faults different from your own.” Another one said: “Don’t mind criticism. If it is untrue, disregard it; if it is unfair, keep from irritation; if it is ignorant, smile; if it is justified, it is not criticism, learn from it.” “Criticism may not be agreeable, but it is necessary,” said Sir Winston Churchill in an interview with New Statesman. “It fulfills the same function as pain in the human body; it calls attention to the development of an unhealthy state of things. If it is needed in time, danger may be averted; if it is surprised, a fatal distemper may develop.” Criticism happens anytime, everywhere to anyone. Election time is fast approaching. The campaign period has started. Criticisms against opponents are the rule of the day. No one is spared. After election, the loser will usually say, “I have been cheated.” “If you think about it, a landslide political victory would be one where the winner received 60% of the vote,” Dr. Carlson wrote. “That means that even in a convincing win, 40% of the people will be wishing the winner had lost!” This must be the reason why he argued that we should

not criticize another person because it says nothing about the person. “(Criticism) merely says something about our own need to be critical,” he wrote. “If you attend a gathering and listen to all the criticism that is typically levied against others, and then go home and consider how much good all that criticism actually does to make our world a better place, you’ll probably come up with the same answer that I do: Zero!” Criticism does no good, he pointed out. “Criticism, like sweating, is actually nothing more than a bad habit,” he said. “It’s something we get used to doing; we’re familiar with how it feels. It keeps us busy and gives us something to talk about.” Perhaps, we need to listen to the words of Sir Kingsley William Amis, an English novelist and poet. “Self-criticism must be my guide to action, and the first rule for its employment is that in itself it is not a virtue, only a procedure.” American writer and lecturer Dale Carnegie said it all: “Any fool can criticize, complain and condemn – and most fools do. But it takes character and self-control to be understanding and forgiving.

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Department of Health-Davao Region (DOH-Davao Region) as of September 16, 2021, Davao City logged a total of 572 new cases with seven new deaths, bringing the total number of active cases here to 9,400. Meanwhile, based on the Regional Situation Update on Covid-19 in Davao Region as of September 17, 2021, the Department of Health-DOH Davao Center for Health Development reported 929 new cases of Covid-19 in the region bringing the total number of active cases to 20,144. Of these new cases, 412 were from Davao City, 68 from Davao de Oro, 185 from Davao del Norte, 137 from

Davao del Sur, 49 from Davao Occidental, and 78 from Davao Oriental. On the other hand, the Kiwanis group in Davao sponsored a vaccination drive on Saturday targeting housemates and housemates 18 years old and above; all vendors, shopkeepers, salesmen, workers, laborers, and their household associates 18 years old and above; government employees and household members; service delivery drivers (shoppee, lazada, grab, panda, tiktok etc). The activity also targeted senior citizens and their housemates; sectoral group members who have not been vaccinated; trisikad, tricy-

malaking tulong nila sa Davao City. Kasi yung ginawa nilang Bakuna by the Sea hindi basta-basta yun. They all paid for it, sa kanila yung facility, sa kanila yung mga tao, and ang city government is only a witness doon sa tulong nila sa vaccination program ng government. It’s

a very big deal para sa atin na mga Dabawenyos ang ginawa nila kaya dapat personal pag pasasalamat ko in behalf of Davao City,” Mayor Sara said. Mayor Sara and Gatchalian conducted a walk-through in the vaccination site in the Garden Pavillion of WIHD.

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cle, habal habal, taxi and puj drivers; teachers; construction workers; street vendors; those who were overdue for the second dose of Sinovac vaccine.

The said vaccination rollout aims to inoculate 1,000 Dabawenyos to help the city government of Davao achieves immunity. By Maya M. Padillo

NOTICE OF LOSS

Notice is hereby given of the loss of Shares of Stocks duly issued to Shimada Maria Theresa Lo by Davao Doctors Hospital Clinica Hilario Incorporated located at 118 Elpidio Quirino Avenue, Davao City with the following numbers: Certificate No. 5262 20 shares 4139 Certificate No. 200 9283 44 shares That the above-enumerated Certificates of Shares of Stocks were inadvertently lost and that said certificates were not confiscated by government authorities for violation of any law or regulation nor was it used as security for payment of any debt whatsoever. That an affidavit of loss was duly notarized per Document No. 445, Page No.: 90; Book No. I; Series of 2021 by Notary Public Atty. Reimann J. delos Santos.

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inclusion of their villages into its

core territory during a plebiscite in early 2019. The BARMM, which is

chaired by chief minister Hadji Ahod Ebrahim, is a product of 22 years of peace talks between the government and the MILF.

EXTRA-JUDICIAL SETTLEMENT OF ESTATE

Pursuant to Sec. 1 Rule 74 of the Revised Rules of Court of the Philippines, NOTICE is hereby given that the estate of the late RAQUEL DELOS REYES SANCHO who died intestate on February 11, 2021 at Mandaluyong City leaving personal properties to wit: Cash deposits with 1) Metropolitan Bank and Trust Company Davao-Buhangin Branch with account number-332-3-332-11206-7; 2) Philippine National Bank (PNB)- Reliance Mandaluyong Branch with account number-123910000806; 3) Philippine National Bank (PNB)-Davao Obrero branch with account number-400110089555 and 4) Philippine National Bank (PNB)-Reliance, Mandaluyong Branch with account number 123960000676. Real Properties to wit: 1) Title No. 146-2019008166 with an area of 646 square meters in Davao City; 2) Title No. 146-2019008165 with an area of 2,943 square meters; 3) Title No. 0082016004453 with an area of 35.37 square meters; and 4) Title No. 201-7000156 with an area of 440.87 square meters in Kalibo, Aklan has been the subject of an EXTRA-JUDICIAL SETTLEMENT OF ESTATE executed among her heirs. Per Doc. 253; Page no. 52; Book No. 25; Series of 2021 of the Notary Public Atty. PORFIRIO S. DACLAN.

EXTRAJUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS

EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF RIGHTS

EXTRAJUDICIAL SETTLEMENT OF ESTATE

Pursuant to Sec. 1 Rule 74 of the Revised Rules of Court of the Philippines, NOTICE is hereby given that the estate of the late ALBERTO C. ABAD who died intestate on January 15, 2017 in Davao City leaving a parcel of land situated in Barangay Bago Aplaya, Talomo, Davao City, containing an area of one hundred fifty eight (158) square meters more or less covered by Transfer Certificate of Title No. 146-2014076793 has been the subject of an EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF RIGHTS executed among his heirs. Per Doc. 193; Page no. 40; Book No. III; Series of 2021 of the Notary Public Atty. EMMANUEL A. MAHIPUS.

Pursuant to Sec.1 Rule 74 of the Revised Rules of Court of the Philippines ,notice is hereby given that the estate of the late Isabelo Aquino Jaldon Jr. , who died on Oct. 13,2019 in Davao City leaving parcels of land with TCT No. T-146-2020020992 with an area Nineteen Thousand seven Hundred of (19,700) square meters located at Catigan, Toril District and TCT No.1462020020991 with an area of Three Hundred Square Meters (300) located at Catigan Toril has been the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE executed among their HEIRS , per Doc. No 342; PageNo.70; Book No.IV Series of 2021, of the Notary Public Atty. FREDERIC VOLTAIRE Y.TAN

Pursuant to Sec.1 Rule 74 of the Revised Rules of Court of the Philippines ,notice is hereby given that the estate of the late SPS.PERPETUA S. MORENO and SALVADOR B. MORENO who died on October 27, 2002 and July 4, 2015 leaving a parcel of land with TCT No. T-47518, containing an area of TWO (200) HUNDRED SQUARE METER has been the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE executed among their HEIRS , per Doc. No 171; PageNo.36; Book No.III Series of 2021, of the NOTARY PUBLIC ATTY. MANUEL A. MAHIPUS, MNSA

NOTICE OF AUCTION

Republic of the Philippines REGIONAL TRIAL COURT 11TH JUDICIAL REGION OFFICE OF THE CLERK OF COURT-SHERIFF Davao City BPI FAMILY SAVINGS BANK, INC. Mortgagee, EJF-REM CASE NO. 17,846-20

The VGM Pawnshop, Inc. will hold a Public Auction Sale to all unredeemed and unrenewed items on the following schedule listed below.

-versus-

Ang VGM Pawnshop, Inc. magpahigayon ug subasta sa tanang prenda nga wala nalukat sa maong iskedyul nga nakasulat sa ubos.

Upon extra-judicial petition for sale under Act 3135, as amended, filed by the above-mentioned mortgagee against Maria Divinagracia Diamzon Magtoto and Josefina Diamzon Magtoto with postal address at 2 Clinton St., Royal Pines Phase 1, Shrine Hills Matina, Davao City, to satisfy the mortgage indebtedness as of November 13,2020 ,the unpaid indebtedness of the mortgagors to be satisfied out of the proceeds of the foreclosure is P13, 504,603.09,Philippine Currency, plus interest and late payment charges from February 28, 2020 up to the date when full payment of the total obligation is made, plus other legal expenses incident of foreclosure and sale; the undersigned Sheriff of the Regional Trial Court, Davao City will sell at public auction on October 21, 2021 at 10:00 A. M.,or soon thereafter, at the main entrance of Hall of Justice, Ecoland, Davao City,to the highest bidder for CASH AND/ OR Manager’s Check and in Philippine Currency, the real property/ies with all its improvements found thereon particularly described below, to wit:

BRANCHES

DATE PAWNED

DAVAO: March 01 to Sasa Maa March 31, Sandawa 2021 Matina Panabo Main Panabo Branch

DATE & PLACE OF AUCTION Sept. 28, 2021 (Tuesday) 9:00 AM VGM Pawnshop, Inc, Quezon St., Tagum City

MARIA DIVINAGRACIA DIAMZON MAGTOTO AND JOSEFINA DIAMZON MAGTOTO Mortgagor/s x---------------------------------------------------------x

2ND NOTICE OF EXTRA-JUDICIAL SALE

TRANSFER CERTIFICATE OF TITLE NO. 146-2019004529 A PARCEL OF LAND (LOT20, BLK.5 OF THE SUBDIVISION PLAN, PSD274743,XXX), SITUATED IN THE CITY OF DAVAO. XXX CONTAINING AN AREA OF SIX HUNDRED SIXTEEN (616) SQUARE METERS, MORE OR LESS.XXX All sealed bids must be submitted to the undersigned on the abovestated time and date. In the event that the public auction should not take place on the said date,it shall be held on November 18, 2021 without prior notice. Prospective buyers are hereby enjoined to investigate for themselves the titles of the here-in above described real property/ies and encumbrances thereon, if any there be. Davao City, Philippines, August 26, 2021.

THE MANAGEMENT

FOR: Atty. Francisco M. Campaner The OIC/Clerk of Court & Ex-officio Prov’l Sheriff RONNA M. NEMEÑO Sheriff IV

EDGEDAVAO

VOL.14 ISSUE 160 • SUNDAY-MONDAY, SEPTEMBER 19-20, 2021

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year to P698.7 million next year. The budget for Caraga State University in Butuan City was slashed by 60-percent, from P868 million this year to P346.33 million next year. University of Southeastern Philippines in Davao City, the only state university in Region 11, got a 53-percent reduction, from P1.212 billion in 2021 to P564.33 million in 2022. Bukidnon State University in Malaybalay City will operate with a budget of P657.2 million next year, P228 million lower than its allocation this year. Another state university in Bukidnon, Central Mindanao University in Maramag town, had its budget cut from P887.82 million this year to

P767.84 million next year. The budget for University of Science and Technology in Southern Philippines in Cagayan de Oro City was reduced from P449.64 million in 2021 to P397.22 million in 2022. Its campus in Claveria, Misamis Oriental will operate next year with a budget of P113.34 million, down by almost P67 million from its 2021 allocation of P180 million. The Department of Budget and Management also trimmed the budgets for the following schools: Jose Rizal Memorial State University in Dapitan City, from P547.67 million to P460.15 million; Western Mindanao State University in Zamboanga City, from P831.89 million to P814 million;

communities. Balagtey thanked the different agencies in establishing peaceful communities. “These interventions render their propaganda irrelevant that led to the collapse of their mass base and we hope that this will lead to the surrender of the remnants of the

armed group,” Balagtey said The three surrenderers will be assisted by government troops and other government agencies to avail the government’s Enhanced Comprehensive Local Integration Program (E-CLIP) before bringing them back into mainstream society.

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deza po ako. Iyan ang itinuro sa akin ni Pangulong Duterte at iyan po ang natutunan ko noong una po akong naglingkod sa kanya sa Davao City noon,” he added. Go said that he and the President will not give out favors to anyone just because they are friends or supporters, especially at the expense of public interest. “Alam n’yo po, mabait si Pangulong Duterte sa mga gustong tumulong. Pero hindi po namin ugali na magbigay ng pabor sa kaibigan o sa negosyate dahil hindi kami nakikinabang kahit kailan.

Republic of the Philippines SUPREME COURT REGIONAL TRIAL COURT 11th Judicial Region Branch 12-Family Court Davao City

3 REBELS... FROM2

EXTRAJUDICIAL SETTLEMENT OF ESTATE

Pursuant to Sec.1 Rule 74 of the Revised Rules of Court of the Philippines ,notice is hereby given that the estate of the late SPS.AMBROSIO G. GRAMAJE and VICTORIA T. GRAMAJE who died on March 8, 1976 and April 5, 1992 leaving a parcel of land with TCT No. T-46306, containing an area of TWO (200) HUNDRED SQUARE METER has been the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE executed among their HEIRS , per Doc. No 138; PageNo.29; Book No.III Series of 2021, of the NOTARY PUBLIC ATTY. MANUEL A. MAHIPUS, MNSA

IN THE MATTER OF ADOPTION OF MINOR SAMANTHA ALEXIE ORTUOSTE ALIBANGBANG R-DVO-21-02339-SP AND HER CHANGE OF NAME TO SAMANTHA ALEXIE ORTUOSTE SANTOS FOR: ADOPTION MARK EMMANUEL HERBANO SANTOS AND JENNIFER AND ORTUOSTE SANTOS. Petitioners x-----------------------------------------------------------x

ORDER Petitioners filed a verified petition praying that they be allowed to adopt as their own child, SAMANTHA ALEXIE ORTUOSTE ALIBANGBANG, minor, who was born on March 16, 2011,in Davao City; that the proposed adoptee is the illegitimate and biological child of petitioner JENIFER ANN ORTUOSTE-SANTOS out of her previous relationship with Calixto Alibangbang, II; Petitioners-Spouses further pray that minor Samantha Alexie Ortuoste Alibangbang be declared as their own child and that name of Samantha Alexie Ortuoste Alibangbang be changed to SAMANTHA ALEXIE ORTUOSTE SANTOS. In the Manifestation previously filed by Social Welfare Officer II Joel Paulino C. Caturan, he favorably recommended the adoption of the said child by the petitioners. WHEREFORE, let the petition be set for hearing on December 2, 2021 at 2:00 o’clock in the afternoon at which date and time, all persons concerned may appear to show cause, if any, why the prayer in the petition shall not be granted. The Premilinary Conference for the marking exhibits is on October 27, 2021 at 3:30 in the afternoon before the Court Legal Researcher II/ officerin-charge. Let this Order be published, at the expense of the petitioner, in Edge Davao, a newspaper of general circulation in the City and three (3) provinces of Dvao, once a week for three (3) consecutive weeks. Notify all parties concerned and the Solicitor General through this Order. SO ORDERED. Davao city, Philippines, August 31, 2021.

EJM-REM CASE NO. 17,999-21

-versus- FOR: EXTRA-JUDICIAL FORECLOSURE IRISH D. SALMAGRENDE married to OF REAL ESTATE MORTGAGE UNDER EVA M. SALMAGRENDE, ACT 3135 as amended Borrower/Mortgagor x---------------------------------------------x

DANTE A. BAGUIO Presiding Judge

that they never intervened or used their influence in government transactions. “Sa totoo lang po, simple lang naman ang tanong, nakikialam ba kami ni Pangulo? Nakialam ba si Pangulo? Nag-impluwensya ba ako o si Pangulong Duterte para sa mga negosyanteng ito? Ginamit ba mga pangalan namin? At parati naman sinasabi ni Pangulo noon, na kapag ginamit ang pangalan niya, ginamit ang pangalan ng pamilya niya, ako po kapag ginamit ang pangalan ko, consider it denied. Naalala ko pa po sa isang pagdinig sa Senado,

SOCIAL SECURITY SYSTEM (SSS) Mortgagee, - versus - EJF-REM CASE NO. 18, 005-21 TONY J. ELID, married to Jacquiline C. Elid Mortgagor/s X-----------------------------X

kapag ginamit ang pangalan namin, consider it denied,” he said. “Ang tanong naman po rito, nagkaroon ba ng pagkalugi ang gobyerno dahil kay Pangulong Duterte, dahil utos niya po? Mr. Chairman, wala naman pong ganoong utos ang ating Pangulo,” added Go. While he acknowledged that businesses need to make profit, the Senator emphasized the Duterte administration’s stand that businesses need to conduct their activities, especially those with the government, lawfully.

Republic of the Philippines REGIONAL TRIAL COURT 11TH JUDICIAL REGION OFFICE OF THE CLERK OF COURT-SHERIFF Davao City

BDO UNIBANK, INC, Mortgagee, - versus - SPS. REYMANDO S. MACUSANG, JR., And NORHAIYA D. MACUSANG Debtors/Mortgagor/s. X------------------------------------------------X

EJF-REM CASE NO. 17,723-20

NOTICE OF EXTRA-JUDICIAL SALE OF REAL PROPERTY Upon extra-judicial petition for fo sale under Act 3135, as amended, filed the above mentioned mortgagee against SPS.REYMANDO S. MACUSANG AND NORHAIYA D. MACUSANG with postal addresses at 1) BLK. 2, LOT 7, PHASE II, ORANGE GROVE DAVAO, MATINA ,PANGI ,DAVAO CITY, 2) UNIT 112, BUILDING 6, CONDO 1 , MAHARLIKA VILLAGE, TAGUIG CITY, to satisfy the mortgage indebtedness which as of January 16, 2020 the subject obligation in the amount of PESOS: NINE HUNDRED TWENTY ONE THOUSAND THREE HUNDRED THIRTY FOUR & 34/100 (P921,334.34) Philippine Currency, inclusive of principal, interest , penalties, and other charges and plus other legal expenses incident of foreclosure and sale; the undersigned Sheriff IV of the Regional Trial Court, Davao City, will sell at public auction on OCTOBER 21, 2021 at 10:00 A.M., or soon thereafter, at the main entrance of Hall of Justice, Ecoland, Davao City, to the highest bidder for CASH or MANAGER’S CHECK and in Philippine Currency, the following real properties mentioned and described below together with all its improvements found thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO.146-2017013139 “ A PARCEL OF LAND, (LOT 7, BLK. 2, XXX PLAN PCS-11-003249,XXX) , situated in the Barangay of Matina, Municipality of Davao City , Island of Mindanao xxx Containing an area of TWO HUNDRED THREE (203) SQUARE METERS, more or less xxx.” All sealed bids must be submitted to the undersigned on the abovestated time and date. In the event the public auction should not take place on the said date, it shall be held on NOVEMBER 18, 2021 without further notice. Prospective buyers are hereby enjoined to investigate for themselves the title of the above-described real property/ies and encumbrances thereon, if any there be. Davao City, Philippines. August 23, 2020 For ATTY. FRANCISCO M. CAMPANER – the OIC Clerk of Court & Ex-Officio Prov’l Sheriff TERESITA M. CEBALLOS Sheriff IV Republic of the Philippines REGIONAL TRIAL COURT 11TH JUDICIAL REGION OFFICE OF THE CLERK OF COURT-SHERIFF Davao City

Republic of the Philippines REGIONAL TRIAL COURT 11TH JUDICIAL REGION OFFICE OF THE CLERK OF COURT-SHERIFF Davao City

Republic of the Philippines REGIONAL TRIAL COURT 11TH JUDICIAL REGION OFFICE OF THE CLERK OF COURT-SHERIFF Davao City PHILIPPINE SAVINGS BANK Mortgagee

Hindi namin kailangan dahil kuntento na kami kung ano po ang ibinigay ng Diyos sa amin. Wala na kaming hihilingin pa, kaya ibinabalik namin ang serbisyo para sa ating mga kababayan,” said Go. “Kahit mga kaibigan kayo ni Pangulong Duterte, ako po ay witness diyan, kahit mga kaibigan ni Pangulong Duterte ang kaharap ko, parati niyang sinasabi, kung ano lang po ang tama, kung ano lang po ang naaayon sa batas,” he added. As for those who are trying to link him and Duterte to alleged anomalies, Go said

SOCIAL SECURITY SYSTEM (SSS) Mortgagee, - versus - CHARLIE SABERON married to ELIZABETH SABERON, Mortgagor/s X--------------------------------------X

EJF-REM CASE NO. 18015-21 FOR; EXTRA-JUDICIAL FORECLOSURE OF REAL ESTATE MORTGAGE UNDER ACT 3135 as amended

NOTICE OF EXTRA-JUDICIAL FORECLOSURE SALE OF REAL PROPERTY

Upon extra-judicial petition for sale under Act 3135, as amended filed by the above-mentioned mortgagee against IRISH D. SALMAGRENDE married to EVA M. SALMAGRENDE with given address at Blk. 9, Lot 11, Ph 1, Violeta corner San Francisco St.,Sto. Niño Davao City, Davao del Sur and collateral address at Blk 16 Lot 22 Villa de Mercedes, Ph2, Barangay Cogon, Sirawan, Toril Davao City, to satisfy the mortgage indebtedness which as of July 27, 2021, amounts to Php 2, 566,564.08 Philippine Currency, plus accruing interest, penalty and other charges thereon from the said date up to the date of foreclosure sale, publication, other foreclosure expenses, attorneys’s fees and such other additionalsums are due from the Borrowers/Mortgagors under the Mortgage Deed; the undersigned Sheriff of the Regional Trial court, Davao City, will sell at public auction on October 21, 2021 at 10:00 A.M., or soon thereafter, at the main entrance of Hall of Justice, Ecoland, Davao City, to the highest bidder for CASH and/ or Manager’s Check and in Philippine Currency, the real property with all its improvements found thereon particularly described below to wit:

Upon extra-judicial petition for foreclosure and sale under Act 3135, as amended, filed by the above- mortgagee against TONY J. ELID married to Jacquiline C. Elid , with postal address at Lot 16, Block 1, # 90 Capricorn St. Sto. Niño Village, Maa, DAVAO CITY, to satisfy the mortgage indebtedness which as of June 30, 2021 amounts to P 1,812,821.55 , Philippine Currency, including interest thereon, penalties and other charges and plus other legal expenses incident of foreclosure and sale, the undersigned Sheriff IV of the Regional Trial Court, Davao City, will sell at public auction on October 21, 2021 at 10:00 A.M., or soon thereafter, at the main entrance of Hall of Justice, Ecoland, Davao City, to the highest bidder to CASH and/or MANAGER’S CHECK and in Philippine Currency, the following real property/ ies mentioned and described below together with all its improvements found thereon, to wit:

Upon extra-judicial petition for foreclosure and sale under Act 3135, as amended, filed by the mortgagee- SOCIAL SECURITY SYSTEM (SSS) against CHARLIE SABERON married to ELIZABETH SABERON , with postal address at Lot 13, Block 5, Landmark Village II, Sasa , DAVAO CITY, the indebtedness of the mortgagor as of July 1, 2021 amounted to ONE MILLION FIVE HUNDRED FIFTY EIGHT THOUSAND EIGHT HUNDRED FIFTY PESOS & 73/100 centavos (Php 1,558,850.73) , Philippine Currency, including interest thereon, penalties and other charges and plus other legal expenses incident of foreclosure and sale, the undersigned Sheriff IV of the Regional Trial Court, Davao City, will sell at public auction on October 21, 2021 at 10:00 A.M., or soon thereafter, at the main entrance of Hall of Justice, Ecoland, Davao City, to the highest bidder to CASH and/or MANAGER’S CHECK and in Philippine Currency, the following real property/ ies mentioned and described below together with all its improvements found thereon, to wit: TRANSFER CERTIFICATE OF TITLE NO. T-128582 “A parcel of land xxx ( Lot 13, Block 5, Psd-11-019540, being a portion of Lot 2 (LRC) Psd-97023 situated in the Barrio of Sasa City of Davao, Island of Mindanao .xxx xxx xxx Containing an area of ONE HUNDRED SEVENTY FOUR (174) SQUARE METERS, more or less .” All sealed bids must be submitted to the undersigned on the abovestated time and date. That in the event the public auction should not take place on the said date, it shall be held on November 18, 2021 without further notice. Prospective buyers are hereby enjoined to investigate for themselves the title of the above-described real property and encumbrances thereon, if any there be. Davao City, Philippines.September 2 , 2021

TRANSFER CERTIFICATE OF TITLE NO. 146-2018005197 “ A parcel of land of the consolidation and subdivision plan ( Lot 22, Block 16, of the consolidation and subdivision project pcs-11-004437),xxx situated in the barangay of Cogon , Sirawan, Toril, City of Davao, Island of Mindanao. xxx Containing an area of THREE HUNDRED TWELVE (312) SQUARE METERS, more or less” All sealed bids must be submitted to the undersigned on the abovestated time and date. In the event that the public auction should not take place on the said date, it shall be held on November 18, 2021 without further notice. Prospective buyers are hereby enjoined to investigate for themselves the title of the above-described real property and encumbrances thereon, if any there be. Davao City , Philippines, August 23, 2021.

FOR: Atty. Francisco M. Campaner-the OIC Clerk of Court/Ex-OfficioProv’l Sheriff

IRVIN PAUL L. CUBELLO Sheriff IV

TRANSFER CERTIFICATE OF TITLE NO. T-124320 “A parcel of land ( Lot 16, Block 1, Psd-11-018911,xxx),situated in the Barrio of Maa City of Davao, Island of Mindanao.xxx Containing an area of ONE HUNDRED FITY (150) SQUARE METERS, more or less .” All sealed bids must be submitted to the undersigned on the abovestated time and date. That in the event the public auction should not take place on the said date, it shall be held on November 18, 2021 without further notice. Prospective buyers are hereby enjoined to investigate for themselves the title of the above-described real property and encumbrances thereon, if any there be. Davao City, Philippines.September 2 , 2021

For ATTY. FRANCISCO M. CAMPANER – the OIC Clerk of Court & Ex-Officio Prov’l Sheriff JULITO J. ANGGOT Sheriff IV

For ATTY. FRANCISCO M. CAMPANER – the OIC Clerk of Court & Ex-Officio Prov’l Sheriff NICOLAS L. SUMAPIG Sheriff IV

A3 ECONOMY EDGEDAVAO

VOL.14 ISSUE 160 • SUNDAY-MONDAY, SEPTEMBER 19-20, 2021

Different varieties of fruits are on display at the sidewalk near the main building of Bankerohan Public Market in Davao City over the weekend. Edge Davao

in need of Remittances seen Malta Filipino workers to grow 6% in 2021 M

“Given the uncertainty in the environment, even though we see the global economy, global economic recovery continues to gain traction, we have decided that probably remittances will be going back to

its medium term growth trend and that is about 4 percent,” Abenoja said. This year’s projection would be its fastest expansion in 7 years, BSP’s Department of Economic Statistics Senior Director Paolo Alegre told reporters. Personal remittances rose 7.5 percent while cash remittances increased by 7.2 percent in 2014, Alegre said. Exports and imports are also expected to grow this year by 14 percent and 20 percent, respectively,

from the previous forecast of 10 percent and 12 percent, the BSP said. But growth forecast for the trade of goods is slightly slower in 2022, the central bank said. Cash remittances coursed through banks from overseas Filipinos reached $2.853 billion in July, up 2.5 percent compared to the $2.783 billion posted in the same month last year, while personal remittances rose 2.6 percent for the month, BSP data showed.

alta is in need of Filipino workers, both professionals and non-professionals, the Philippine Overseas Labor Office (POLO) in Rome, Italy said on Friday. In a virtual presser, Labor Attache Haney Lynn Siclot, job opportunities await overseas Filipino workers (OFWs) after many employers in the host country have sought assistance to look for workers. “In Malta, they are asking a lot of auditors and accountants. We have 50 to 100 job orders with that across a number of employers,” she said. Siclot added that workers from other sectors are also looking for Filipino workers.

To recall, President Rodrigo Roa Duterte extended the state of calamity in the country until September 12, 2022. The FIRB said the policy was set “to address the work constraints brought about by the pandemic in accordance with the provision in the implementing rules and regulations (IRR) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, which gives an IPA (investment promotion agency) the authority to implement temporary measures as long as these are approved by the FIRB to help RBEs recover from a pandemic, national emergencies, or major disasters.” Signed by Finance Secretary and FIRB chairman Carlos Dominguez III, the memo gave registered business enterprises (RBEs) in the ITBPM sector up to September 30, 2021 to submit to their

respective investment promotion agencies (IPAs) the following: their total number of employees and the number of employees under the WFH arrangement detailed list of the laptops, desktops, and other equipment and assets brought out of the economic or freeport zones. This list should include the quantity of the assets, their acquisition cost and book value, and the amount of bond paid to cover 150% of the amount of taxes and duties (if imported) and value-added tax (VAT) (if locally sourced) of the equipment and assets taken outside the ecozones, according to the FIRB. “Bonds shall be posted for all equipment (e.g. desktops and laptops) deployed by the RBE to their employees’ homes, to ensure payment of taxes and duties if any such equipment is not returned to the site of the RBE after the

WFH arrangement,” according to the memo addressed to all heads of IPAs and RBEs in the IT-BPM sector. The guidelines, likewise, require that within five days after the end of each month, RBEs should submit to their IPAs a report on any additional equipment and other assets brought out of the economic or freeport zones, and the current total number of employees and number of employees under the WFH arrangement. The RBEs are given up to September 30, 2021 to submit to their IPAs a certification that the export requirement and the number of employees will be maintained. “Non-compliance with the conditions prescribed under FIRB Resolution 1921 may result in suspension, withdrawal, or cancellation of tax incentives of the RBEs,”

according to the memo. The concerned IPAs, for their part, should submit to the FIRB Secretariat on or before October 15, 2021, and 15 days after the end of each month, their respective lists of registered IT-BPM enterprises availing of the WFH arrangement. Each IPA list should include details on the quantity of assets brought by the ITBPM firm or firms out of the economic zone or freeport, including their acquisition costs and book values; and the amount of surety bond paid to cover 150% of the amount of taxes and duties (if imported) and VAT (if locally sourced) on such assets, the FIRB said. IPAs are also required to submit to the FIRB Secretariat within 30 days from the expiration of the period of the WFH arrangement, their respective lists of registered

emittances from overseas Filipinos are expected to hit a 6-percent growth rate this year due to the lessening impact of the COVID-19 pandemic before slowing down to 4 percent in 2022, the Bangko Sentral ng Pilipinas said Friday. Remittances, which hit 6.4 percent growth in the first half, have “certainly” helped the country bounce back, BSP’s Department of Economic Research Managing Director Zeno Abenoja told reporters.

“We also have jobs for carers not necessarily private institutions like care homes. There are also cleaners, factory workers, and also domestic workers. Yesterday, we’ve 100 domestic workers for Malta through foreign recruitment agencies (FRAs),” Siclot added. She advised job seekers who are looking to be employed to visit the Philippine Overseas Employment Administration (POEA) website for available jobs. Malta is considered as a new market for Filipino workers, but the labor attache said the Philippines has yet to sign a bilateral labor agreement with the western European nation. IT-BPM enterprises, including the quantity, acquisition costs and book values of the laptops, desktops, or other equipment they brought out of the economic or freeport zones; and the proof of payment of taxes and duties or forfeiture of surety bond on such assets that were not returned to the economic or freeport zones. If an RBE violates any of the conditions set forth in the guidelines, the concerned IPA must notify the FIRB within five days from the knowledge of the violation, the FIRB said. “The notice will include the name of the RBE, address, registration number, the nature of the violation, and action taken by the IPA, if any,” according to the memo. The FIRB said it allowed IPAs to adopt other measures to ensure compliance with the conditions allowing the WFH arrangement.

FIRB allows WFH for IT-BPM companies in ecozones until March ‘22

nformation Technology Business Process Management (IT-BPM) enterprises located in economic zones are allowed to implement work-from-home (WFH) arrangements until the end of March 2022, the Fiscal Incentives Review Board (FIRB) said Friday. In a statement, the FIRB said it released Resolution No. 19-21 which allows ITBPM firms in economic zones to adopt 90% WFH setups up to March 31, 2022 amid the COVID-19 pandemic. Under the said resolution, WFH arrangements shall be allowed until January 1, 2022, afterwhich a 75% ceiling shall be imposed until March 31, 2022. However, if the state of calamity is extended beyond January 1 next year, the ceiling shall be maintained at 90% until the end of March 2022.

VOL.14 ISSUE 160 • SUNDAY-MONDAY, SEPTEMBER 19-20, 2021

EDGEDAVAO

ECONOMY

Jollibee Group says it is extending its discount promo for customers vaccinated against COVID-19 until November 30, 2021. The dast-food giant said the move aims at encouraging more Filipinos to get vaccinated against the virus. Edge Davao

Fitch lowers world GDP growth to 6% for 2021

itch Ratings expects world gross domestic product (GDP) will grow by 6% in 2021, according to its Global Economic Outlook report for September. The new figure is down from the global rating agency’s 6.3 percent world GDP growth forecast made in June. “Supply constraints are limiting the pace of recovery,” the agency said in a statement, adding: “A greater share of demand growth is being reflected in price increases and US inflation forecasts have been revised up again.”

The agency lowered the US’ GDP forecast for this year to 6.2 percent, from 6.8 percent made in June. China’s 2021 growth expectation was also lowered to 8.1 percent, from 8.4 percent, citing property slowdown weighing on domestic demand. Growth estimate for eurozone this year, on the other hand, was revised up to 5.2 percent, from 5 percent. “Progress with vaccine rollout is limiting the impact of renewed increases in coronavirus cases on economic activity in Europe and, to a slightly lesser extent, in the US,” Fitch said.

InstaPay, PESONet transactions grow in first 7 months of ‘21: BSP

oth InstaPay and PESONet fund transfers have registered significant growth in terms of transaction value for the first 7 months of 2021, the Bangko Sentral ng Pilipinas said Friday. The value of transactions through InstaPay, or real-time transfers of less than P50,000, expanded by over 180 percent, while PESONet, which covers transfers of over P50,000, rose 80 percent for the first 7 months, the BSP said in a statement. With these developments, the BSP said it would further push for its digitalization efforts in order to build a stronger post-pandemic economy, the central bank said. “This will usher in a post-COVID-19 economy that is stronger, more technologically advanced, and

more inclusive than ever before,” BSP Gov. Benjamin Diokno said during a meeting with several financial associations. InstaPay and PESONet are part of the BSP’s clearing houses under the National Retail Payment System. Banks in the country have been promoting the use of online fund transfers with several firms saying they would wave fees for InstaPay and PESONet transactions until the end of the year. The BSP also earlier launched its Digital Transformation Roadmap, which aims to digitize 50 percent of transactions and have at least 70 percent of the population banked by 2023. Due to the sudden need for online payments during the pandemic, Diokno said it’s possible to achieve these goals by 2022

Aboitiz, Hedcor commit P7.8Mworth of projects in Mindanao

he Aboitiz Foundation Inc., together with Hedcor, committed PHP7.8 million worth of projects in its host communities in Mindanao as they inked a memorandum of agreement (MOA) with its partners from this city, Davao del Sur, and Bukidnon, a statement said Friday. Among the listed projects are on education and health care which comprised almost 60 percent of this year’s lined-up projects. These include high school financial assistance

and college scholarships, assistance to module reproduction, as well as improvement of health care facilities and procurement of medicines and equipment for local health care centers.

Other community projects also include capacity-building training, enterprise development, and livelihood assistance. “Hedcor holds a very ambitious purpose of driving change for a better world, and little by little it is rewarding and fulfilling to see how partner communities grow and develop with Hedcor. We will remain to be good and responsible neighbors of these communities through our programs and many other initiatives,” Hed-

cor’s President and COO Rolando Pacquiao said. Datu Carolino Ruiz, Municipal Tribal Chieftain of Santa Cruz, Davao del Sur said the agreement has shown the good relationship between Hedcor and the Bagobo-Tagabawa tribe. “I hope this relationship between the Indigenous People (IP), the local government, and Hedcor will continue for many years,” he added. Hedcor has started the project implementation starting this month. (PNA)

to a deficit in the second quarter 2021 from a surplus in second quarter 2020,” the central bank said. Current account —the balance of a country’s import and export of goods and services— swung to a deficit of $1.2 billion from a $5.1 billion surplus in the second quarter of last year. “In particular, the merchandise trade deficit widened due to the sustained growth in imports, following the gradual resumption of domestic economic activities,” the BSP said. Meanwhile, capital account, a record of entry and exit of capital investments in the country, grew by 49.8% to $20 million the second quarter of the year from $13 million year-on-year “due to the decline in net payments for non-produced non-financial assets (e.g., patents, trademarks, and copy-

rights).” Financial account or net lending by residents to the rest of the world posted net inflows of $2.9 billion, up 565.9% from $442 million a year earlier. “The increase in net inflows was due mainly to the reversal of the portfolio (due, in turn, to non-residents’ investments in government bond issues) and other investment accounts to net inflows and the increase in net inflows of direct investments,” the BSP said. Year-to-date BOP position amounted to a deficit of $1.9 billion from a surplus of $4.1 billion in the same period last year on the back of wider merchandise trade deficit amounting to $22.5 billion from $15.3 billion as growth in imports outpaced the growth of exports during the January to June period. Nonetheless, the end-

June 2021 BOP positions reflected a higher gross international reserves of $105.8 billion from $93.5 billion as of end-June 2020. The latest GIR level represents a more than adequate external liquidity buffer equivalent to 10.6 months’ worth of imports of goods and payments of services and primary income. Moreover, it is also about 7.5 times the country’s short-term external debt based on original maturity and 5.1 times based on residual maturity. 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.

PH payments position yields lower surplus in Q2 —BSP

he Philippines’ balance of payments (BOP) position saw a surplus in the second quarter of 2021, albeit lower year-on-year, due to wider trade deficit recorded during the period, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. Data released by the BSP showed the country’s BOP position stood at a surplus of $905 million in the April to June period, down 78.3% from the $4.2-billion surplus in the same period in 2020. The BOP is a record of all the country’s transactions with the rest of the world in a particular period. It is the difference between payments into and out of a country. A surplus means more funds entered the country, while a deficit means more funds exited. “This was due to the reversal of the current account

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VOL.14 ISSUE 160 • SUNDAY-MONDAY, SEPTEMBER 19-20, 2021

ported to fight this November with the winner potentially to face Spence later for the Ring lineal world championship if Spence and Ugas would not meet first. Oddly, Crawford is consistently rated by the Ring Magazine higher than Spence in its best pound for pound boxers listing topped by Mexican superstar Canelo Alvarez, coming in at #3 compared to Spence who is at #6. Meanwhile nine other Filipino fighters made it to the Ring divisional rankings with WBC titlist Nonito Donaire and WBO champion Johnriel Casimero coming in at #1 and #2 respectively at bantamweight to Ring Magazine recognized lineal world champion and Ring #3 pound for pound best boxer Naoya Inoue of Japan. The other Pinoys in the Ring ratings included WBC regular titlist Vic Saludar, current IBF champion Rene Cuarto, former IBF titleholder Pedro Taduran and Melvin Jerusalem who are rated #5, #6, #7 and #10 in that order at minimumweight. Three Thai fighters topped the ranking: WBA super champion Thama-

noon Niyomtrong, new WBC titlist Panya Prabsdri and former long reigning WBC ruler Wanheng Menayothin. Current WBO champion Wilfredo Mendez of Puerto Rico who won the title from Saludar last year is rated #4. There are no rated Pinoys at light flyweight and flyweight. Long reigning IBF champion Jerwin Ancajas and former multi division world titlist Donnie Nietes made it as #5 and #7 at super flyweight where WBC and WBA unified titleholder Juan Francisco Estrada of Mexico is the Ring Magazine lineal world champion. Rated higher by the Ring at 115 lbs class are former WBC titlist Srisaket Sor Rungvusai of Thailand, former two time champion Roman Gonzalez, former WBC titleholder Carlos Cuadras of Mexico and current WBO champion Kazuto Ioka of Japan. Oddly, Ioka is the only super flyweight rated by the Ring in its best pound for pound fighter at #10. No Filipino fighter made it in the Ring rankings at super bantamweight topped by WBC and IBF unified cham-

pion Morudjon Akhmadaliev of Uzbekistan and WBA titlist Brandon Figueroa of the USA. Mark Magsayo, the WBC mandatory challenger and new WBO international featherweight champion is the only other Ring rated Filipino fighter coming in at #5 at featherweight topped by WBO champion Emanuel Navarette of Mexico. The Ring removed from its latest ranking WBC featherweight champion Gary Russell for inactivity and WBC super featherweight titlist Oscar Valdez for testing positive of banned substance. The Ring Pound for Pound Ranking 01. Saul Canelo Alvarez, Mexico 02. Naoya Inoue, Japan 03. Terrence Crawford, USA 04. Oleksander Usyk, Ukraine 05. Josh Taylor, UK 06. Errol Spence, USA 07. Teofimo Lopez, USA 08. Juan Francisco Estrada, Mexico 09. Vasily Lomachenko, Ukraine 10. Kazuto Ioka, Japan

break and run in the opening two racks. It was all one-way traffic as Yapp marched into a 5-0 lead before drama struck in the sixth rack when a discussion took place over whether a shot clock extension had been called before the clock was reset and Van Boening continued the rack. Yapp continued his ascendancy to an eight-nil lead where Van Boening finally got to show a piece

of brilliance taking the ball around two rails after potting the one to get back in position for the table. The American made the next three racks to force a fightback but in truth, it was a tall order against a confident Yapp fresh off the back of finishing runner-up at the World 10-ball last week. He went on the hill at 10-3 before Van Boening took two racks but it wasn’t to be as Yapp sealed a place in the

quarter-finals 11-5. Naoyuki Oi came from behind to beat Francisco Sanchez Ruiz 11-7 where it did look like at one stage Sanchez Ruiz would run away with it. Fedor Gorst meanwhile beat the last remaining Dutchman Marco Teutscher 11-7. Johann Gonzales Chua became the fourth Filipino in the last eight beating John Morra 11-8 despite a fightback from the Canadian late on.

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Dennis Orcollo led 4 Pinoys through to the quarterfinals of the US Open Pool Championships.

No trades made, Simmons expected to be back to camp

he Philadelphia 76ers are now expecting Ben Simmons to report to training camp with no trade partner available for the All-Star, according to reports. Simmons several weeks ago asked to be traded but the Sixers are unable to get the deal it wants for the 25-year-old former top pick. Training camp begins on Sept. 28. Simmons could face

hefty fines and the Sixers believe Simmons will report to camp, according to Tom Moore of the Bucks County Courier Times in Pennsylvania. “Eventually he’s going to show up. (The Sixers will) go from there,” Moore quoted a source. Fans and critics placed a large part of the blame on Simmons as the Sixers collapsed in the playoffs, and recently told management he wants out.

Beermen, Hotshots book PBA quarterfinal seats

agnolia and San Miguel scored contrasting wins at the Don Honorio Ventura State University Gym in Bacolor, Pampanga on Friday to book slots in the Philippine Basketball Association (PBA) Philippine Cup quarterfinals. The Hotshots needed a Calvin Abueva buzzer-beater to eke out a 90-89 squeaker over the NorthPort Batang Pier. Abueva muscled his way inside the paint against the NorthPort defense for a layup that completed Magnolia’s comeback from 17 points down late in the first quarter. Ian Sangalang led the now 7-3 Hotshots with 26 points, 10 rebounds, two assists, and a block. Abueva added 15 points, five rebounds, four assists, four steals, and two blocks off the bench. “That’s a designed play, a backscreen to Calvin ala-alley-oop. And then kung wala iyon (if it wasn’t possible) next option is Paul,” Magnolia coach Chito Victolero said in a news release. “That was our goal today. We talked about our focus, at the same time what’s at stake in this

game.” Greg Slaughter tallied 21 points and eight rebounds in his return after a two-game absence due to skin infection, but the comeback was spoiled as the Batang Pier fell into a tie with Barangay Ginebra for eighth place at 4-5. Ginebra was playing Alaska as of posting time. Meanwhile, the Beermen pulled away late in the second quarter and stifled the Phoenix Fuel Masters for a 110-80 rout. CJ Perez led SMB, which rose to 6-3, with 24 points, five rebounds, and four assists off the bench. Mo Tautuaa added 19 points, six rebounds, and one assist off the bench as well. June Mar Fajardo quickly imposed his will inside early on and finished with a double-double of 18 points and 11 rebounds with one block. The Beermen are a halfgame behind the Hotshots for third place ahead of their clash on Sunday even as they look to dislodge the Meralco Bolts from second spot with a twice-to-beat advantage in the quarterfinals on the line.

US Open Pool: Orcollo, 3 other Pinoys advance

ilipino top bet Dennis Orcollo overcame Mario He 11-6 live on the Matchroom Pool YouTube as the he joined compatriot Rodrigo Geronimo in the last eight of the US Open Pool Championship on Saturday at Harrah’s Resort in Atlantic City.

Orcollo will next meet Max Lechner who continued his impressive debut by being the first name into the quarters by beating Poland’s Mieszko Fortuński 11-4. Geronimo was involved in one of the biggest battles of the last 16 against Denis Grabe who was fresh off

beating former champion Jayson Shaw. It went to hill hill with Geronimo fluking a safety with three balls on the table in the last rack. Grabe scratched after hitting the seven leading to Geronimo having ball in hand to clear up and win. After the first spectacle on Table 1, there was a lot

HERO. Calvin Abueva perfectly executes a play designed for him and scored on a layup that gave Magnolia a 90-89 win over NorthPort in the PBA Philippine Cup at the Don Honorio Ventura State University Gym in Bacolor,

for David Alcaide and Carlo Biado to live up to and they did just that in a thriller that saw Biado come out on top 11-10 in a dramatic contest. Punches were thrown from each side as they level pegged at various points from 1-1 to 3-3 to 4-4, 6-6, 7-7, 9-9 before going hill hill. Biado had turned things around against Alcaide before nearly letting it slip at 9-9. A straight miss on the six put Alcaide back at the table who found himself breaking for the match in the last rack, but the Spaniard found himself position-

ally out of sorts from the break as he missed the two ball as he tried to cut it. Home favourite Shane Van Boening is out of the tournament at the Last 16 stage as Singapore’s Aloysius Yapp secured a comprehensive 11-5 victory over the five-time champion. Van Boening went into the penultimate day with eyes firmly set on becoming the most successful player ever at the US Open but Yapp came to spoil the party on the TV table winning the lag and proceeding to

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Pampanga on Friday (Sept. 17, 2021). He finished with 15 points while the Hotshots advanced to the quarterfinals.

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STILL RATED Filipino boxing icon Manny Pacquiao is rated no. 5 by Ring Magazine after his loss to Yordenis Ugas.

Pacquiao gets no. 5 rating in latest Ring rankings, 9 other Pinoys rated

espite losing by a unanimous decision to current WBA welterweight super champion Yurdenis Ugas of Cuba, former titlist Manny Pacquiao still keeps his lofty ranking in the latest Ring Magazine ratings. Pacquiao, the only boxer to win eight world championships in as many weight divisions including three times as WBO welterweight champion and once as WBA welterweight super titleholder, is rated number five in the Ring divisional rankings. WBC and IBF unified

titlist Errol Spence, who Pacquiao was supposed to meet in August if not for a late discovered eye injury, is rated number one, followed by WBO champion Terrence Crawford, Ugas and former two time titlist Shawn Porter at #2, #3 and #4 respectively. The Ring Magazine welterweight title re-

mains vacant since the retirement of Floyd Mayweather in 2015. Its rule stipulates that the #1 should meet #2 or at least the #3 to fill up the vacancy. That did not happen when #1 Spence backed out of the fight against then #3 Pacquiao last month. Crawford and Porter are re-

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