Marcos tells Japanese investors: ‘When you think growth, think PH’

Economist: Agri sector key to dampening inflation

The government must strengthen the agriculture sector by implementing policies and solutions to boost productivity and dampen inflation, an economist said on Friday.

Inflation in January quickened to 8.7 percent driven by rising costs in housing, power and water, and the continued increases in some basic food items.

The month’s total is a fresh 14-year high and way beyond the government target of 2 to 4 percent.

Economist Jan Carlo Punongbayan said importation is just a temporary measure.

Enforcing existing policies and modernizing the agri sector such as the rollout of more storage solutions could boost production, he said.

“Yung importasyon ay solusyon yan sa short run para hindi masyadong tumaas ang presto ng mga bilihin pero dapat hindi siya excuse para pabayaan yung agriculture at policy na pwedeng magpalago sa agriculture,” Punongbayan

“Hindi na bago ang solutions kelangan lang ng political will at kailangan lang ipatupad ng maigi ng gobyerno,” he added.

The government has tapped importation when the costs of onions surged to as much as P700 per kilo.

PresidentFerdinand Marcos Jr. touted the Philippines’ strong macroeconomic fundamentals, liberal investment reforms, and infrastructure program on Friday as he urged Japanese businessmen to invest in the country.

Former National Economic and Development Authority Secretary Ernesto Pernia earlier said President Ferdinand Marcos Jr should consider cutting back on foreign trips and focus more on solving the country’s problems, especially in agriculture.

“There are just too many problems that need to be attended to. Maybe a couple of trips are fine, three trips at the most in his first semester of being President. Then show as an exemplar, attending to agriculture, which he deliberately decided to head himself, because it is a very critical department and food is really the, one of the problems we are facing now,” Pernia said during a forum of economists.

For his part, International Investment Banker Stephen Cuunjieng said the government has many options to boost productivity and ensure food security in the country.

In Japan there are subsidies for farmers, while in Thailand and Vietnam the cooperative system drives small farmers to increase productivity, he said, adding that these could be done in the Philippines.

“As we go along our development journey, I invite all of you to continue and enhance that partnership. When you ‘think growth, think Philippines’ so that together, we will reap the benefits of robust, sustainable, and inclusive growth for our businesses and for our peoples,” Marcos said in his speech during the Philippine Business Opportunities Forum here.

“Let’s make it happen in the Philippines!” he added.

Marcos said the Philippines has seen a “remarkable” recovery from the economic slump brought by the COVID-19 pandem- ic as the economy, as measured by gross domestic product (GDP), grew 7.6% in 2022 from 5.7% in 2021.

“This growth — which exceeded expectations and our targets — was broadbased, reflecting high government spending and robust domestic demand driven by household consumption and private investments,” he said.

Despite the elevated inflation seen last year at 5.8%, surpassing the government’s estimate of 2-4%, the President said that inflation remained “manageable” as the Bangko Sentral ng Pilipinas projects inflation to settle at 4.5% this year and go down further to 2.8% next year.

“Aided by industrialization and job-creation strategy, we expect the Philippine economy to graduate from lower middle-income to upper middle-income status by 2024, if not sooner. This will keep us on track in achieving high-income status by 2040,” Marcos said.

“Against this backdrop, we envision poverty incidence in the Philippines to be slashed by half or from 18.1% in 2021 to 9% by 2028,” he added.

The chief executive also mentioned the Philippine Development Plan (PDP) 2023-2028 —the country’s medium-term development plan—crafted in line with his administration’s eight-point socioeconomic agenda on investment promotion; infrastructure development; energy efficiency; increased employability of the workforce; expansion of digital infrastructure; innovation, research, and development; pursuit of a green and blue economy; and establishment of livable and sustainable communities.

“Our demographic advantage —particularly our young, educated, hardworking, English-speaking workforce [that] is among the best in the world—puts us in a strong position on the global stage,” Marcos said.

“This complements Japan’s development strategy, given its older demographic, of tapping human resources from outside its borders to meet the labor requirements of its enterprises,” the President added.

MVP, PLDT execs face class action suit in US

Aclass action lawsuit has been filed against businessman and former PLDT president Manuel Pangilinan and other PLDT executives with a United States Court over an alleged violation of federal securities laws.

The 45-page complaint was filed by Sophia Olsson on behalf of “others similarly situated” with the United States District Court, Central District of California, on Feb- ruary 6.

Aside from Pangilinan, other defendants named in the lawsuit were Alfredo Panlilio, Anabelle Chua, Marilyn Victorio-Aquino, Abner Tito Alberto, Gil Samson Garcia, Ma. Lourdes Rausa-Chan, Florentino Mabasa Jr., and Cheryl Cabal-Revilla.

“Wherefore, plaintiff… prays for… awarding damages in favor of plaintiff and the other class members against all defendants, jointly and severally, together with interest thereon,” the complaint read.

It also urged the court to award the plaintiffs reasonable costs and expenses incurred in the legal action, including counsel fees and expert fees.

According to the complaint, Olsson had purchased PLDT securities between January 1, 2019 and December 19, 2022 and was “economically damaged thereby.”

It also said that the defendants issued “materially false and misleading statements” regarding the company’s business, operation, and prospects from the set period.

The complaint likewise stated that the defendants failed to disclose that there were capital spending budget overruns and failed to address weaknesses that allowed the budget overruns.

Legal Notice To The Public

The public is hereby notified that the intestate estate of the late WILFRED G. YAMSON who died on October 4, 2018, in Davao City, which estate consists of four (4) parcels of land located in Morales Subdivision, Matina, Davao City, containing an area of 263 sq.m. and covered by TCT No. T-90304, and in Biao, Guianga, Tugbok, Davao City, containing an area of 1.9 hectares covered by OCT No. P-13762; another undivided portion of another lot said to contain an area of 2,338 sq.m. and another portion containing an area of 2,500 sq.m. both covered by OCT No. P-13761, both located in Biao, Guianga, Tugbok, has been the subject of an Extrajudicial Settlement of Estate by and among his heirs, as duly ratified, acknowledged, and entered as Doc. No. 252; Page No. 52; Book No. VI, Series of 2023; in the notarial registry of ATTY. WILLIAM V. GUILLEN, a duly-commissioned Notary Public for 2023 in Davao City, Philippines.

EXTRA-JUDICIAL SETTLEMENT OF ESTATE with CONFIRMATION OF SALE

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 EVELYN M. TATEISHI who died intestate on July 14, 2013 in Davao City, Philippines, leaving a parcel of land situated in Barangay Agdao, City of Davao, Island of Mindanao, covered by Transfer Certificate of Title No. T-397883, containing an area of SEVENTY-FOUR (74) SQUARE METERS more or less, has been the subject of an EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH CONFIRMATION OF SALE executed among her heirs. Per Doc. 500; Page No. 101; Book No. 22; Series of 2020 of the Notary Public Atty. PORFIRIO S. DACLAN.

EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH WAIVER

Pursuant to Sec. 1 Rule 74 of the Revised Rules of Court of the Philippines, NOTICE is hereby given that the late JOAQUIN H. GUMBAN, SR., and VALERIA SANDOVAL GUMBAN who died intestate in Barangay Obrero, Davao City on March 27, 1997 and July 11, 2019 respectively, leaving the following properties to wit:

1. A parcel of land situated in Barangay Obrero, City of Davao, Island of Mindanao, covered by Transfer Certificate of Title No. T-196043, containing an area of EIGHTY EIGHT (88) square meters more or less, and

2. A parcel of land (lot 6, Block 2 of the subdivision plan Psd-26482, being a portion of lot 1191-C-D), described on plan Psd-22583, G.L.R.O. Cad. Record No. 317) situated in Davao City, covered by Transfer Certificate of Title No. T-24438, containing an area of THREE HUNDRED TWENTY SQUARE METERS (320) more or less.

That the above-mentioned properties has been the subject of an EXTRA-JUDICIAL SETTLEMENT WITH WAIVER OF RIGHTS executed among their heirs. Per Doc. 86; Page No. 19; Book No. 27; Series of 2023 of the Notary Public Atty. PORFIRIO S. DACLAN.

DEED of 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 JAIME M. CAUSING who died intestate on November 9, 2022 at New Jersey, USA, leaving the following bank accounts to wit:

1. Bank account maintained with Land Bank of the Philippines branch of Bajada, Davao City, with Savings Account Number 00002561088082 in the amount of Six Hundred Sixty Three Thousand Three Hundred Seventy Six Point Eighty Four Cents (₱663,376.84) plus interest accruing;

2. Bank account maintained with Banco de Oro (BDO) branch of Lizada, Davao City, with Savings Account Number 003750013831 in the amount of Five Hundred Eighty Thousand One Hundred Seven Point Fifty Three Cents (₱ 580,107.53) plus interest accruing.

That the above-mentioned properties has been the subject of an EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH executed among his heirs. Per Doc. 44; Page No. 10; Book No. I; Series of 2023 of the Notary Public Atty. MICHAEL KEVIN EDGAR B. MANGAO.

Don Marcelino as the roads in JAS are not yet ready for the modernized PUVs.

“LTFRB-Davao is blessed to have ABBES in our modernization program. ABBES saludo mi sa inyuha because you made history today as the farthest province na kaya diay mag modernize under our modernization program. We will be beside you in this journey,” Llanos said in his message.

ABBES’ new 23-seater units replaced seven of the

20 authorized units plying the Davao-JAS route. The program aims to provide commuters with a comfortable, accessible, reliable, green, and safe public transport system while boosting Davao Occidental’s economy and tourism industry.

PUVMP is the former Duterte administration’s flagship program aimed at transforming public transportation. This includes regulatory reform and es-

REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT 11TH JUDICIAL REGION BRANCH 15, DAVAO CITY RTC1DAV015@JUDICIARY.GOV.PH (082) 298-3336/09236095058

IN RE: PETITION FOR CORRECTION SP. PROC. NO. R-DVO-22-07704-SP

OF ENTRIES IN THE CERTIFICATE OF LIVE BIRTH OF MINOR SERENIA SHAMIE SANTOS SOZTUTAR JACKYLOU CONDIMAN SANTOS FOR: PETITION FOR PETITIONER, CORRECTION OF ENTRIES IN THE CERTIFICATE OF LIVE BIRTH ETC. -VERSUSLOCAL CIVIL REGISTRAR’S OFFICE OF DAVAO CITY, RESPONDENT. X--------------------------------------------------------------------------------------------------------------------------X O R D E R

THIS IS A VERIFIED PETITION FOR THE CORRECTION OF SEVERAL ENTRIES IN THE CERTIFICATE OF LIVE BIRTH OF MINOR “SERENIA SHAMIE SANTOS SOZTUTAR” WITH REGISTRY NO. 2013-44018, AS FOLLOWS: ENTRY ERRONEOUS CORRECT

CHILD’S MIDDLE NAME SANTOS -BLANKCHILD’S SURNAME SOZTUTAR SANTOS

DATE OF MARRIAGE MARCH 16, 2013 - NOT APPLICABLEPLACE OF MARRIAGE DOHA, QATAR -NOT APPLICABLENAME OF INFORMAT JACKYLOU S. JACKYLOU SOZTUTAR CONDIMAN SANTOS

FINDING THE PETITION TO BE SUFFICIENT IN FORM AND SUBSTANCE, SET THE HEARING OF THIS CASE ON MAY 2, 2023 AT 8:30 A.M. AT THE SESSION HALL OF THIS COURT, ON WHICH DATE, HOUR AND PLACE, ALL INTERESTED PERSONS ARE HEREBY CITED TO APPEAR AND SHOW CAUSE IF THEY HAVE ANY, WHY THIS PETITION SHOULD NOT BE GRANTED

LET A COPY OF THIS ORDER BE PUBLISHED BEFORE THE HEARING DATE ALL AT THE EXPENSE OF THE PETITIONER IN A NEWSPAPER OF GENERAL CIRCULATION IN THE CITY OF DAVAO ONCE A WEEK FOR THREE (3) CONSECUTIVE WEEKS. FURNISH THE DAVAO CITY CIVIL REGISTRAR AND THE SOLICITOR GENERAL COPIES OF THIS ORDER. SO ORDERED.

DAVAO CITY, PHILIPPINES, JANUARY 23, 2023 tablishes new guidelines for granting concessions for road-based public transport services.

“You know what we are lagging in launching modernization. As a matter of fact, I think this is the fourth launching in Region 11. Mao na it is really

VMO... FROM 3

tain ranges of the city as well as the Panigan and Tamugan rivers, the city’s main source of potable water, from environmental decline.

PDEA... FROM 3

office for examination.

a challenge for us but even though we are lagging behind the launching we are history makers too. Last week nag launch mi ug kaya diay abton sa atong modernize vehicles ang Kapatagan sa Digos nga naa na sa ubos sa Mt. Apo,” Llanos said.

Currently, there are 275 Bantay Bukid volunteers protecting the mountains of Davao City. By Maya M. Padillo

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

BDO UNIBANK, INC. EJF-REM CASE NO. 18,759-23

Mortgagee,versusANNA L. BONSUBRE, Mortgagor/s.

X--------------------------------------------------------------------------------------------------------------------------X

NOTICE OF EXTRA-JUDICIAL FORECLOSURE SALE OF REAL PROPERTY

Upon extra-judicial petition for sale under Act 3135, as amended filed by BDO UNIBANK, INC., against ANNA L. BONSUBRE with postal address at (1) DR. 1 ARLENE DEPARTMENT, TORRES ST., OBRERO, DAVAO CITY; and (2) UNIT 1-D and 1-E, BUILDING 4, AREZZO PLACE DAVAO, DOÑA PILAR AVE., BRGY PAMPANGA,

Cases for violation of Republic Act 9165 otherwise known as “The Comprehensive Dangerous Drugs Act of 2022” are being filed against the perpetrators. (PIA XI-Joey Sem G. Dalumpines)

REPUBLIC OF THE PHILIPPINES REGIONAL TRIAL COURT

11TH Judicial Region Davao City

OFFICE OF THE EXECUTIVE JUDGE

NOTICE OF HEARING

PETITIONS FOR NOTARIAL COMMISSION

NOTICE is hereby given that a summary hearing on the PETITIONS for NOTARIAL COMMISSION of:

1. CHINO LUIS M. ANTEPUESTO

2. GUILLERMO A. VILLAMIL JR.

3. JAMES ADAM S. ZOZOBRADO

4. MERCEDES G. JULIAN

5. CARMELO JOSE S. GEMPESAW

6. JAYSON G. TAN

7. MARLONE NIÑO M. VILLAVIRAY

8. EMMANUEL G. ORTONIO

9. MARY GRACE B. DESUASIDO

10. ROBERT D. DE LEON shall be held on FEBRUARY 24, 2023 at exactly 9:30 A.M. at the courtroom of Regional Trial Court, branch 10, Hall of Justice, Ecoland, Matina, Davao City.

Any person who has any cause or reason to object to the grant of the petition may file a verified written opposition thereto, received by the undersigned before the date of the summary hearing.

Davao City, Philippines, February 10, 2023.

(SGD) RETRINA E. FUENTES Executive Judge

Batch: 6

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 late Spouses MARIANO PARTOL RUBIO and ENCARNACION DELA PEÑA RUBIO who died intestate on September 13, 2021 and September 16, 2021 respectively, leaving the following properties to wit:

1. An agricultural public land located in the Barrio Malungon, Municipality of Malalag, province of Davao del Sur, containing an area of FOURTEEN THOUSAND AND NINETY-THREE (14,093) square meters, covered by Original Certificate of Title No. P-7417 (previously OCT P-9898), and

2. A tract of residential public land located in the Barrio of Sta. Ana, Davao City with an area subject for correction, covered by Original Certificate of Title No. P-13263.

That the above-mentioned properties have been the subject of an EXTRA-JUDICIAL SETTLEMENT of ESTATE executed among their heirs. Per Doc. 442; Page No. 90; Book No. IV; Series of 2022 of the Notary Public Atty. KRISTINE O. JAVIER.