BusinessWeek Mindanao (December 14-15, 2022)

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Give-away cars

THE Cagayan de Ori city government is giving away three brand new cars as the grand prize in the Christmas party of City Hall employees on Dec. 16.

However, netizens frowned and expressed concern that the City Hall budget might be affected because of the luxurious prizes.

Atty. Roy Hilario Raagas, city administrator, allayed their fears, saying the city government did not spend any amount for their purchase.

He said every City Hall employee and official contributed P500 each to purchase them.

Price canvassing

THE Department of Trade and Industry (DTI) Misamis Oriental has a piece of advice for consumers buying food items for their ‘Noche Buena.’

The DTI said it would be better if the consumers would do a sort of ‘price canvassing’ before buying the food items in the supermarkets and grocery stores that fit the budget.

Almer Masillones, provincial director of DTI Misamis Oriental, said during a media forum on Tuesday, Dec. 6, that there is a price increase on Noche Buena products nationwide based on the National Price Guide issued by the DTI central office.

Christmas village

ILIGAN City – The Christmas Village at Paskuhan Festival 2022 opened on Dec. 5 at Buhanginan Hills in Barangay Pala-o here.

Iligan Mayor Frederick Siao was elated during the opening of the first-ever Christmas Village in the city.

Siao said the essence of Christmas is about unity and collaboration of everyone.

“For me it’s about helping each other. That’s the essence of Christmas, we need to help the people,” he said.

Govt seeks to expand ecozones in BARMM

PEZA deputy director general Aleem Siddiqui Guiapal told the Philippine News Agency that Marcos sees ecozone development as a catalyst for growth in the BARMM.

“(There is a) vast land here, and there are proposed ecozones from Cotabato City, Lamitan, Isabela City and TawiTawi,” Guiapal said in a Viber message.

The region currently has one economic zone, which is the Polloc Freeport and Economic Zone (PFEZ) in Maguindanao.

Guiapal graced the first multi-sectoral forum for the development of PFEZ in Cotabato City on Tuesday.

For the past 27 years, PEZA has been contributing to the economic growth of the country.

Investments in PEZA zones already amounted to P4.076 trillion, creating 1.8 million jobs across the country.

ERC looking into Davao’s high electricity rates

THE Energy Regulatory Commission (ERC) is seeking solution to ease the high electricity rates afflicting consumers in various Davao provinces.

This has been the focus of the continuing caravan of the ERC, which is scrutinizing

the power supply agreements (PSAs) of the distribution utilities with their power suppliers not just in Davao, but nationwide.

For the Davao region, the power utilities servicing various segments of end-users in Davao domains include Davao Light and Power Company (DLPC) of the Aboitiz group; Davao del

Norte Electric Cooperative, Inc. (DANECO); Davao Oriental Electric Cooperative, Inc. (DORECO); and Davao del Sur Electric Cooperative, Inc. (DASURECO).

The ERC conveyed that the distribution utilities “sought government involvement in providing assistance to the ECs

DBM okays funding for Marawi hospital

Guiapal said among the economic activities viable in BARMM include manufacturing, agroindustry and halal hub.

He said developing the agro-industry in BARMM could help in achieving food security in the country.

PEZA ecozones grew to 421 composed of 300 information technology (IT) parks and centers, 78 manufacturing ecozones, 23 agro-industrial parks, 17 tourism ecozones and three medical tourism zones.

In 2021 alone, PEZA shared 16 percent of the country’s gross domestic product (GDP) while 80 percent of total exports last year were from PEZA zones. (PNA)

DAVAO City — Former Sarangani Governor Miguel Rene Alcantara Dominguez has joined the 60-year-old Alsons Development and Investment Corporation (Alsons Dev) as its new director who will oversee the business strategy and operations of the premier property developer and real estate pioneer in Davao City.

THE Department of Budget and Management (DBM) approved the release of funding for the Marawi City General Hospital (MCGH).

Pangandaman said on Monday, Dec. 12, that DBM released P44.38 million to cover the funding requirements to develop and equip MCGH.

In a statement, Budget Secretary Amenah F.

Alsons Dev is the real estate

The Special Allotment Release Order (SARO) was

released to the Department of Health (DOH) – Northern Mindanao Center for Health Development (NMCHD), Region X last Dec. 6, Pangandaman said.

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Briefly Market Indicators US$1 = P55.65 FOREX PHISIX AS OF 6:00 PM NOV 21, 2022 (FRI) 6,585.20 5.08 points 0.28 cents X X P15.00 Volume XIII, No. 79 Wed-Thu | December 14-15, 2022 www.businessweekmindanao.com CREDIBLE RELIABLE IN-DEPTH MINDANAO BusinessWeek YOUR MINDANAO-WIDE BUSINESS PAPER
VOTERS REGISTRATION. Registrants fill up forms at the Commission on Elections office in Davao City on Tuesday December 13, 2022, the second day of registration for new voters. The registration is until 31 January 2023. MindaNews Photo GOLOSINAS DE ZAMBOANGA. To promote the local delicacies of Zamboanga, the City Tourism Office holds the "Golosinas de Zamboanga" competition on Monday, December 12. 2022. Golosinas means delicacies. Zamboanga's delicacies are a mixture of Chavacano heritage and Malay influences. MindaNews photo by JULES L. BENITEZ PRESIDENT Ferdinand R. Marcos Jr. wants to develop more economic zones in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), a Philippine Economic Zone Authority (PEZA) official said.

BOC-Zambo to destroy P395-M smuggled cigars

ZAMBOANGA City –

The Bureau of Customs (BOC) Port of Zamboanga will destroy some P395 million worth of smuggled cigarettes in full public view on Tuesday in Barangay Baliwasan here.

“These (cigarettes) will then be disposed of in the sanitary landfill in Barangay Salaan,” BOC-Zamboanga district collector Segundo Sigmundfreud Barte Jr. said in a statement Monday.

He said the contraband

were seized in antismuggling operations from May to November this year in the Zamboanga Peninsula and nearby island provinces of Basilan, Sulu, and TawiTawi of the Bangsamoro Autonomous Region in Muslim Mindanao.

Barte said the cigarettes consisting of some 11,219 master cases will be drenched in water and repeatedly crushed by heavy equipment in the presence of all partner agencies in the anti-

smuggling campaign.

The BOC’s partner agencies include the Commission on Audit, city government, stakeholders and other law enforcement agencies that include the police, military, coast guard, National Bureau of Investigation, Bureau of Fire Protection and the Philippine Drug Enforcement Agency.

Tuesday's event will be the second condemnation activity of the BOC-Port of Zamboanga this year.

The first involved

the destruction of some P110 million worth of smuggled cigarettes last May.

Barte said BOCZamboanga has recorded more than P500 million worth of confiscated cigarettes for the year following the order of President Ferdinand R. Marcos Jr. to strengthen measures against smuggling and promote transparency

in operations. Meanwhile, Mayor John Dalipe presented Monday a P75,000 ceremonial check to the Naval Forces Western Mindanao (NFWM) as an incentive for the successful apprehension of some P52.8 million worth of smuggled cigarettes on Nov. 25.

Operatives of the NFWM’s Naval Task Force - 61 composed

of Navy Seals and intelligence personnel were conducting maritime patrol when they chanced upon five motorboats traversing the seawater off Barangay Labuan loaded with 1,511 master cases of smuggled cigarettes.

The ceremonial check was presented to the NFWM officials during Monday’s flag-raising ceremony in front of the city hall. (PNA)

Butuan transport cooperative starts operating modern units

BUTUAN City – At least five new and modern transportation units have begun plying various routes in this city Monday, the Balangay Transport Service Cooperative (BALTRANSCO) said.

In a statement, the BALTRANSCO said the five Class II modern transportation units were launched after its ceremonial blessing attended by the cooperative members and top officials of the Land Transportation Office-Caraga Region (LTO-13) and the Land Transportation Franchising and Regulatory Board-13.

“The modern units will provide services to the intra-city routes in Butuan City, particularly routes 7, 12, and 10,”

BALTRANSCO chair Juanito Ubas said.

He added that the operation of the modern units of transportation is part of the Public Utility Vehicle Modernization Program (PUVMP) of the government.

“Two of the new units will be plying route 7, the other two in route 10, and one in route 12,” Ubas said.

Meanwhile, LTO13 officer-in-charge operations chief Urbano Maglines Jr. lauded

NOTICE TO THE PUBLIC

We are hereby informing the public, particularly our clients and advertisers that : Mindanao Daily News Publishing Corporation Official Receipt No. 6116 Is hereby declared null and void. The said receipt was lost in our files and may have been stolen. Thus, the use of said Official Receipt is non-official and will not be honored by the Management of Mindanao Daily News Publishing Corporation. The user could be held criminally liable.

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the local coop for its valuable contribution to the modernization of mass transportation in the city.

“These modern vehicles will provide comfort among our residents here,” Maglines said.

He said the PUVMP aims to provide the riding public with efficient, affordable, and comfortable means of transportation. (PNA)

AFFIDAVIT OF SELF ADJUDICATION OF THE ESTATE OF FILOMENO LOBIDO WITH DEED OF ABSOLUTE SALE

KNOW ALL MEN BY THESE PRESENTS:

That the late, FILOMENO LOBIDO , who died intestate on June 23, 1990 and Spouse ANICETA S. LOBIDO, who died intestate on March 25, 2018, both died at #144B Dolores Pabayo St., Cagayan de Oro City. That at the time of their death, they left a parcel of land covered by TAX DECLARATION NO. G-399081 LOT 6288-A, CSD-10016648-D , located at Barangay Bulua, Cagayan de Oro City, containing an area of FIVE HUNDRED SEVENTY EIGHT (578) Square meters , more or less, and has been the subject of AFFIDAVIT OF SELF ADJUDICATION OF THE ESTATE OF FILOMENO LOBIDO WITH DEED OF ABSOLUTE SALE, DEED OF ABSOLUTE SALE, That for and in consideration of the sum of TWO HUNDRED THOUSAND (PHP 200,000.00), Philippine Currency, in hand received by me from MARRIFE DAHUYAG LLAMIS – married and MYRNA GALLAMASO DAHUYAG – widow, both of legal age, Filipino citizens, and a resident of B-33 L-8 Galvanize St., PNR Subd., Opol, Misamis Oriental, to my full satisfaction and benefit and receipt hereof is hereby acknowledge by me, I hereby SELL, CEDE, TRANSFER, and CONVEY to MARRIFE DAHUYAG LLAMIS and MYRNA GALLAMASO DAHUYAG by way of Absolute Sale , her heirs, administrators and assigns, in a manner absolute and irrevocable, a portion of the subject parcel of land with an area of THREE HUNDRED (300) SQUARE METERS, free from liens and encumbrances of whatever nature; filed by the heirs of FILOMENO LOBIDO , Per Doc No. 356; Page No. 72; Book No. XVI4; Series of 2022 under the Notarial Registry of ATTY. ALBERT WENCES C. DABA III.

7, 14 & 21, 2022

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BWM Dec.

finance

Lawmakers eye BSP profits as wealth fund source

LAWMAKERS are looking to tap central bank profits to seed a proposed sovereign wealth fund, after an earlier plan to use pension funds for the purpose triggered opposition.

Authors of the bill creating the Maharlika Investments Fund decided to change the source of funds after a meeting with economic managers, said Marikina Rep. Stella Luz A. Quimbo, one of the proponents.

“It’s good that we conducted a series of consultations,” Ms. Quimbo said in a statement posted on the House of Representatives’ Facebook page late Wednesday. “Our countrymen’s concerns have been validated.”

Bangko Sentral ng Pilipinas Governor Felipe M. Medalla last week raised concerns over the wealth fund plan, including on its governance and potential impact on the monetary

authority’s independence. Administration officials such as Finance Secretary Benjamin Diokno have allayed these concerns.

The House appropriations committee will tackle the changes on Friday, Ms. Quimbo said.

The planned wealth fund’s purpose is to invest “existing surplus capital of the government,” she said, adding that safety nets will also be added to the proposal.

Banks-fintech tie-up must for customer satisfaction: exec

BANKS should not consider financial technology firms as competitors but instead as partners in ensuring customer satisfaction visà-vis the digital finance space, an executive of a financial software company said. In a briefing on Tuesday, Finastra Asia Pacific Payments managing director Tal Weiser said the current time is a “payment perfect storm” both in terms of challenges and opportunities. He said banks thus need to keep up with the new regulations to serve

their clients. “Customer expectations have changed in recent years drastically,” he said, noting that in the past, payments process for small and medium businesses could took three days but this had become unacceptable given the digital payments innovation. During the same briefing, Finastra regional head for Payment Solution Consulting Dheeraj Joshi cited the rising electronic wallet (e-wallet) usage in the Philippines, which he said is in line with the growth in Asia Pacific. He said

Reading Intervention

The key to personal development is education. The capacity to read properly is the most crucial academic talent a pupil may possess. Reading is a prerequisite for success in every other subject in school. Success in reading lays the groundwork for achievement throughout the academic years. Between the ages of four and seven, there is a crucial window of opportunity for learning to read. Children who master reading in the early primary years of school are wellprepared to read for both learning and enjoyment in the years to come.

It is believed that early intervention is most beneficial. The better and more intensive the intervention, the sooner it may begin and the better the outcome. A lot of students struggle when it comes to reading. Numerous reading innovations are available to aid pupils. Students

that struggle with reading can benefit from reading inventions. The interventions are methods that can be used to help students improve as readers whether they are working one-on-one with a teacher or in small groups.

Building self-esteem via the acquisition of reading and writing abilities and techniques is a crucial component of reading intervention. Through teaching in decoding, comprehension, writing, study techniques, and test-taking tactics spread throughout our school district's curricula and units of study, students build confidence and their skills advance. Students read fiction and nonfiction books that are matched to the usual class curricula and written at their reading level. There are numerous opportunities for students to write in response to reading.

the Bangko Sentral ng Pilipinas (BSP) is “very supportive of the changes” and has implemented a lot of initiatives, such as the PESONet and InstaPay, to improve payment system infrastructure in the country. These two electronic fund transfer facilities are part of the central bank’s Digital Payments Transformation Roadmap eyed to increase the number of adults that are part of the formal banking system to around 70 percent of the total by 2023, and increase the share of digital payments to around 50 percent of the total during the same period. Joshi said banks need to carefully re-assess their payments modernization strategy and should not consider fintechs as competitors. "(It's better) to collaborate to gain success in digital transformation," he said. Joshi said Finastra continues to see further improvements in digital payments space in Asia Pacific as governments and the private sector implement programs towards this path. “We are seeing that consumers are picking up on those digital payments and among banks, we see more and more digital payments penetration supported by the growth of e-commerce, supported by government initiatives as well as innovation,” he added.

BSP’s rediscount window left untouched last month

PHILIPPINE banks did not tap the rediscount facility of the central bank in November amid easing bad loans, continued recovery in credit growth, and ample liquidity in financial markets.

The Bangko Sentral ng Pilipinas (BSP) said on Wednesday that its peso rediscount window was untouched last month following a P3.7-billion availment in October.

Total peso rediscount loans hit P15.3 billion in the January-to-November period, including availments worth P7.52 billion in June and P4.08 billion in April.

There were also no availments under the Exporters’ Dollar and Yen Rediscount Facility

(EDYRF) last month.

The last time the EDYRF was tapped was for a dollar rediscounting loan in 2016.

The BSP’s rediscount facility gives banks access to additional money supply by posting their collectibles from clients as collateral.

In turn, banks may use the cash — denominated in peso, dollar or yen — to extend more loans to their corporate or retail clients and service unexpected withdrawals.

Last year, banks only tapped the facility in June, July, and September, amounting to P6.12 million availed loans in 2021.

Lenders did not borrow from the rediscount facility in November as bad loans eased and demand for credit increased, Rizal

Soured loans held by big banks declined for a seventh straight month in September, bringing the nonperforming loan (NPL) ratio to 3.43%, its lowest in 25 months or since the 2.84% recorded in August 2020.

The banking industry’s nonperforming loans dropped by 14.6% year on year to P415.225 billion in September from P486.362 in the same month last year, based on the latest data from the central bank.

This brought the systemwide NPL ratio to 3.43% in September, easing from 3.53% in August, and 4.44% in September 2021.

Fitch expects PHL banks to stay resilient amid global headwinds

THE PHILIPPINE banking system is likely to remain resilient in 2023 despite headwinds stemming from higher borrowing costs and slowing global growth, Fitch Ratings said.

Fitch Asia-Pacific Financial Institutions Director Tamma Febrian said that their sectoral outlook for the Philippine banking sector is “neutral” for 2023. This is in line with its outlook for other markets in the region.

“Overall, I think the banking sector’s financial performance will continue to be relatively resilient next year, despite some of the headwinds in terms of interest rates and global external growth,” Mr. Febrian said.

“In terms of our expectations of profitability, we do see quite a bit of a positive momentum in terms of revenue growth for the banking sector next year, on the back of expansion in margins,” he said, adding that banks’ net margins will continue to expand this year.

The net profit of banks operating in the country jumped by 44.8% to P244.875 billion from January to September compared with last year’s P169.09 billion, Bangko Sentral ng Pilipinas’ (BSP) data showed.

Meanwhile, loan growth

is expected to slow next year due to higher interest rates, Mr. Febrian said.

“We are expecting loan growth to be at around 6-6.5% next year on our base case scenario. This is lower than what we’re expecting this year, which is going to be around 9%, but it’s still going to be positive,” he said.

Outstanding loans by big banks, net of reverse repurchase placements with the central bank, jumped by 13.9% year on year in October to P10.56 trillion.

The October pace was the fastest in nearly four years or since the 15.3% expansion posted in January 2019.

Meanwhile, the BSP Monetary Board has hiked borrowing costs by 300 basis points (bps) since May and is widely expected to raise interest rates by 50 bps at its last meeting for this year on Dec. 15.

On the other hand, Mr. Febrian said asset quality of Philippine banks will also remain broadly stable, and there might be room for improvement if interest rates would stabilize to a level lower than expected.

“I think Filipino borrowers have been quite used to a relatively elevated kind of interest rate environment. Take a look

at just before the pandemic when it was around 4.25%. At that level, NPL (nonperforming loan) ratio was around 2%,” he said. “At the current moment, we are looking at an elevated inflation. So, I don’t think we’re going to reach a 2% (NPL ratio) anytime soon.”

“I think there is a degree of resilience in borrowers and especially among the corporate borrowers, which I think has a relatively healthy financial buffers to withstand any rise in interest rates in their interest repayments,” he said. “In short, I think any asset quality repercussions will likely be moderate at most in our base case expectation.”

Bad loans held by banks declined for a seventh straight month in September, bringing the NPL ratio to its lowest in 25 months, according to BSP data.

Philippine banks’ gross NPL ratio eased to 3.43% in September from 3.53% in August. It was the lowest in 25 months or since the 2.84% recorded in August 2020.

Soured loans fell by 14.6% year on year to P415.225 billion in September.

BSP officials earlier said banks’ NPL ratio may peak at 8.2% in 2022. The ratio stood at 3.99% as of endDecember 2021.

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Banking &
Commercial Banking Corp. Chief Economist Michael L. Ricafort said in a Viber message.

Think a minute… Have you ever felt like you did not get a fair start in life? Do you feel that the cards you were dealt have made it impossible for you to win? Listen to this true story.

John Herreshoff was just 14-years-old in Rhode Island, U.S.A. when he built his first sailboat: a racing yacht called the Meteor. By the time he was 20 he had built another boat called Faustine. It was the first boat of its size to cross the Atlantic Ocean in only 17 days. Later when John was 27-years-old he built a steam yacht called the Annie Morse. At age 37 John formed his own boat building company named Herreshoff Manufacturing. Together with his brother Nathaniel they built steam yachts and torpedo boats.

Then in 1892, England challenged America for the America’s Cup, the leading international trophy for yachting or sailing. Sir Thomas Lipton’s yacht called the Shamrock represented England in this world-famous competition. America had to choose its best boat to compete for this highly prestigious prize. Every boat builder in the U.S. was hoping to be given such an honor. Finally,

THINK A MINUTE

OUR MOTHER EARTH opinion

Our Mother Earth is currently facing a lot of environmental concerns. Environmental problems like global warming, acid rain, air pollution, urban sprawl, waste disposal, ozone layer depletion, water pollution, climate change and many more affect every human, animal, and nation on this planet.

Our environment provides a wide range of benefits, such as the air we breathe, the food we eat and the water we drink, as well as the many materials needed in our homes, at work and for leisure activities.

Healthy ecosystems clean our water, purify our air, maintain our soil, regulate the climate, recycle nutrients and provide us with food. They provide raw materials and resources for medicines and other purposes. They are at the foundation of all civilisation and sustain our economies.

The environment gives us countless benefits that we can't repay our entire life. As they are connected with the forest, trees, animals, water, and air. The forest and trees filter the air and absorb harmful gases. Plants purify water, reduce the chances of flooding, maintain natural balance and many others.

We hear about threats to the environment every day. Whether it’s the ravages of climate change, deforestation,

or pollution, apocalypticsounding events fill the news cycle. It can be overwhelming and challenging to discern what exactly it all means. The environment – which includes everything from the ocean to the forests – impacts every area of life. Here are ten reasons why that’s important:

If you work in an office setting, you may not think about how the environment affects peoples’ lives and jobs. However, billions of people depend on the environment. Take forests, for example. Over 1.5 billion people rely on forests for food, shelter, medicine, and more. If crops fail, many turn to the woods. 2 billion (or almost 27% of the world’s population) earn their living from agriculture. Another 3 billion people depend on the ocean.

Caring for the environment could create millions of new jobs and help reduce poverty. In a report from the International Labour Organization, shifting to greener economies could create 24 million new jobs by 2030. Many fear that switching to green energy and more sustainable practices would cause more people to fall into poverty, but if green jobs take the place of old jobs, it does the opposite.

The loss of biodiversity has many negative consequences, but weakened food security is a big one. As the world loses

Sitio Kibaritan : In Total Disarray

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animal and plant species, the ones that remain are more vulnerable to disease and pests. Our diets get less healthy, as well, which increases the risk for diet-related illnesses like heart disease and diabetes. Protecting environments like the forests and oceans ensures there’s food for every living thing.

When humans push into the territory of other animal species, diseases spread. About 60% of human infections originate from animals.

Covid-19 is most likely a zoonotic disease (though we aren’t sure what animal it came from) while diseases like bird and swine flu also come from animals. The Bubonic plague, which wiped out ⅓ of Europe, came from a bacteria carried by a flea and spread by rats. Making sure humans have enough separation from animals protects our health.

Polluted air is a major issue in our world. 9 in 10 breathe unclean air, which impacts their health and lifespans. Health effects include developmental delays, behavioral problems, and diseases like Alzheimer’s and Parkinson’s. Every year, polluted air contributes to the deaths of 7 million people. Trees are an especially effective filter. They remove air pollutants like nitrogen dioxide, carbon monoxide, and sulfur dioxide while releasing oxygen.

Environmental factors account for many infant and childhood deaths every year. Issues include a lack of access to clean water and clean air. Waterborne diseases alone kill about 1.4 million kids each year. To save the lives of children, healthy environments and basic rights like clean air and water are necessary.

The vast majority of medicines have origins in the natural world. As an example, chemicals from the Pacific yew tree led to the creation of two chemotherapy drugs. Scientists and pharmaceutical companies constantly look to the environment for new and better medicines.

Unfortunately, about 15,000 medicinal plant species face extinction, so if they go, humans miss out on potentially life-saving drugs.

Mental health is complex. It’s the result of factors such as genetics, lifestyle, relationships,

Transforming a Community into Military Reservation, the Height of Social Injustice

TIAFAU HURST

based on his past achievements, John Herreshoff’s company was chosen. So John and his brother Nathaniel designed and built a racing yacht named Vigilant. It won the race.

In the following years, John and his brother designed and built many more winning boats. But you have not yet heard the most amazing part of this true story. John, who built his first boat at age 14… and went on to set many world-records in yacht racing… whose second handmade boat set a transAtlantic record… and whose boats won the America’s Cup 5 times in 10 years… was totally blind from the age of 12.

Even though he lived his life in the dark, he did not let that stop him from doing His very best and making his

The firing of cannons at dawn from 3am to 7am has created so much phobia to the community especially to the children who are shouting in fear and some decided not to go to school anymore. The non-stop firing of guns (M16) and the blasting of cannons are continuously instilling fear and havoc to the children as they would recall that horrible incident which happened on March 25,2016 when three children were victims of the blasting of an UXO (Unidentified Explosive Ordnance). So painful to see a father of the two victimchildren shouting in tears while gathering the blasted organs of the children as the dogs were also running for the blasted parts.

Such horrible incident should have not happened If only the AFP hierarchy has listened to the strong recommendation of the LGU Committee headed by then Vice Mayor now the honorable Mayor of Kalilangan, Bukidnon, Hon. Raymon Charl Gamboa, not to declare Sitio Kibaritan as part of the 46,000-hectare Military Reservation because “it so dangerous to make the 195-has.-Sitio which is already a community with an Elementary School, a Chapel and a Day-Care Center as a part of the reservation.”

It has been the contention of the AFP that Kibaritan is a Military Reservation by virtue of Presidential Proclamation 134 signed by then President Diosdado Macapagal on July

11, 1963. Such has been belied by no less than the LawyerMayor of Kalilangan as he signed a testimony that Sitio Kibaritan has never been a part of the Military Reservation as the present occupants have been tilling their farm lands for more than 60 years already since the fifties when their grandparents as Settlers began tilling their lands. As the occupant-farmers’ countermeasure, they cited President Duterte’s Executive Order 75 issued in 2019 “directing all departments, bureaus, offices and instrumentalities of the government to identify lands owned by the government devoted to or suitable for agriculture for distributions to qualified beneficiaries.”

As certified by Mayor Gamboa who was formerly the Chief of the Legal Division of the DAR in Bukidnon, Sitio Kibaritan has been classified as Alienable & Disposable and the present occupants have already achieved prior or vested right – thus, Kibaritan has never been a part of the military reservation.

The present occupants who are now organized into Kibaritan Farmers St. Peter Higaonon Tribe Agricultural Cooperative are categorically asking, “how dare our lands had been land-grabbed using pronouncement of military reservation as an alibi? We are so puzzled why our land have been converted into farming projects in cohort with the Department of Agriculture,

even granting MATG DA’s fund of P299,650, adhering to the ELCAC initiatives of government. Indeed we are puzzled no end by the DA granted such gargantuan fund to the MATG on the basis of us being “red-tag” with the MATG’s pronouncement that there are some 100 FR (former rebels) in Kibaritan. No sir!

We are the grandchildren of former soldiers and we are never rebels.” The Regional Director of the Department of Agriculture must explain why the fund that should go to the poor farmers was given to MATG, a part of which was used to buy a tractor that is being used to destroy our crops? Your Excellency, as the Acting Secretary of Agriculture, we hope that due investigation should be done.

You know that the Filipino farmers are now living in extreme poverty as 3 or 4 young farmers have already left farming to work in the urban centers as janitors, drivers or waiters, yet such precious funds to liberate them went to help military officials.

“What is so painful is the unscrupulous fencing of the farm-to-market road, the destruction of our fences, the cutting of cassava and kamote and replaced by the planting of corn as ordered by the military officials. Now these officials are using our lands for their own vested interest. Is this the way to convert our land into a military reservation? Those who ordered were cutting

our plants in

presence of

We are farmers and farming is our livelihood to feed our children and to live a dignified life. Apparently, the ones gaining from our lands are military officials for their self-vested interest in the guise of transforming our land into military reservation. We are treated as “disposable wastes”, as shown by the throwing of stone and hurting of Ms. Novelyn Pasague by a certain Ciriaco A. Lomas-e, Jr. INF (GSC) PA when she with cofarmers were planting corn in Mrs. Irene Acaya’s farm. Ms. Novelyn was so hurt and had to see a doctor and had even suffered nervous breakdown.” Apparently, the message of these military officials is clear as they instill fear to take hold of the farmers’ land. Is the enrichment of these officials means the dispossession of the poor farmers?

The Kibaritan farmers are now strongly advocating for social justice based on the

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THE
THE CONCLUSION OF
ORLAN R. RAVANERA
JHAN
Member: Philippine
Oro
NELSON
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Brokerage firm sees sustained recovery for real estate sector

OFFICIALS of a real estate brokerage firm in the country is optimistic of the continued growth of domestic real state sector given the reopening of the economy and the private sector’s low debt level.

In a virtual briefing on Monday, Leechu Property Consultants (LCP) chief executive officer (CEO) David Leechiu said prices are rising amid the uptrend of interest rates

but demand for office and residential spaces remained high. Results of the firm’s middle of December 2022 study show that office demand so far this year reached 975,000 square meters (sqm), exceeding the combined demand in the past two years at 389,000 sqm in 2020 and 540,0000 sqm in 2021. Bulk of the demand came from the information technologybusiness process

management (IT-BPM) sector at 466,000 sqm given the hybrid work setup. With the return-towork policy expected in 2023, the study indicated that resumption of 100 percent office work for the IT-BPM sector alone would require an office space demand of around 793,000 sqm. The firm said a 210,000 sqm of live requirement from the IT-BPM sector is already visible to date. In

terms of the impact of the rising interest rate, LCP Director for Research and Consultancy Roy Golez said property developers are more affected than the customers because the latter are given longer payment terms to cushion the impact of the higher rates. “It’s more on the developer side where we will be seeing a higher impact of these interest rates as logistics inflation and interest rates impact

Chemical, food maker looking for another record gains in 2023

FOOD ingredients and plastics manufacturer D&L Industries is optimistic about surpassing this year’s record earnings in 2023 as the economy further reopens.

In a media interview Monday after the marking of the firm’s 10th listing anniversary, D&L president and chief executive officer Alvin Lao said the opening of its Batangas plant by the middle of next year is expected to boost local and export sales.

“Our new plant is based in a PEZA (Philippine Economic Zone Authority) zone. So as a Filipino company, in a PEZA zone, we are

mandated or required to export minimum 50 percent of our revenue. Right now, we only export 33 percent of revenue. But this new plant, when it comes online, the minimum exports (should be) 50 percent so that is going to be one of our growth drivers to increase exports,” he said.

Lao said they are looking to penetrate new export markets in Asia, North America and Europe.

“2023 will be an even better year than 2022… Hopefully, the tourism (also) opens up again, recovers and then next year, the global economy will get back to growth,”

Division of Iligan City crafts plan for VHF Radio network

Iligan City Schools Division compose of more than one hundred twenty-five schools where most of these are from a remote area in hinterland Barangays. Some of these are relatively poor communities which are not considered commercially viable within the current business and technology model of commercial operators. Since most of them are isolated areas, where cellular connections do not normally reach, the Division office plan to use VHF Radio network.

The City of Iligan, is composed of mountainous and uneven terrains, having areas that can go as low as 100 meters below sea level to as high as 900 meters. This imposes topographic restrictions on the viability of commercial telecommunications services

in most parts of the city in which the education sector is heavily dependent on. Having the proposal of migrating existing radio network to amateur and digital network to expand its coverage and capability, this innovation will make the school, teachers, and learners have easier communication with each other without risking their health. The goal of Amateur Radio Service is to provide and establish a practical mode of communication between schools and remote areas in the city to support the delivery of quality basic education. This kind of technology has the characteristics of robustness and reliability and is a good and practical way to ease the existing problem that the Division of Iligan City has.

he added.

Lao said the company is expected to surpass this year its record performance before the pandemic in 2018 despite it was adversely affected by the surge of coronavirus disease 2019 (Covid-19) cases due to the Omicron variant in the first quarter.

As people gain more confidence in going out of their homes with the recent lifting of the mask mandate, he said the resulting increase in consumer spending should be good for their various businesses.

R.A. 9048 FORM No. 10.1 (LCRO)

The company registered a 17-percent year-on-year growth in net income as of end-September 2022 to P2.5 billion.

During D&L 10th listing anniversary bellringing ceremony at the bourse, Philippine Stock Exchange president Ramon Monzon said, “I am confident that this net income growth trajectory will not only be maintained but will be surpassed in the coming years as the company’s new P10.2 billion facility in Batangas becomes operational next year, 2023.” (PNA)

Republic of the Philippines Province of Misamis Oriental Municipality of Manticao -oOo-

OFFICE OF THE LOCAL CIVIL REGISTRAR NOTICE FOR PUBLICATION

PETITION NO. CFN-0029-2022

In compliance with Section 5 of R.A No. 9048, a notice is hereby served to the public that JOHNNY JABLA NATINDIM has filed with this Office a petition for change of first name from GEONE to JOHNNY in the birth certificate of JOHNNY JABLA NATINDIM who was born on OCTOBER 31, 1961 at MANTICAO, MISAMIS ORIENTAL and whose parents are ELENO J. NATINDIM and ELSA L. JABLA.

Any person adversely affected by said petition may file his written opposition with this Office not later than 27 DECEMBER 2022.

(SGD) DOROTHEO O. LACBAIN, JR.

Municipal Civil Registrar

on the construction cost when delivery these products, especially when the prices would have been fixed today and the construction for a certain building will be over a period of four years, maybe even five years.” he said during the same briefing. Leechiu further said the real estate sector remains robust despite several economic crisis in recent years and its impact on prices. “That’s

a testament to the high savings rate and the low debt levels in the private sector. And that’s why, despite all these ramping up of interest rates, it not really caused much havoc in the property sector as far as capital values are concerned,” he said. He said many people who own properties “are strong handed.” “And I think that this trend will continue,” he added. (PNA)

CebuPac aims transition of on-ground fleet to e-vehicles

CEBU AIR, Inc., the operator of low-cost carrier Cebu Pacific, has put the full transition of its ground support equipment (GSE) fleet to electric vehicles (EVs) in its long-term goals as it aims for zero carbon emission.

“For us, it’s a long-term goal — [the] full transition of all of our on-ground equipment,” Cebu Pacific Chief Strategy Officer Jose Alejandro B. Reyes said in a chance interview.

Cebu Pacific currently has around 700 pieces of internal combustion engine GSE that are being used throughout its network, said Mr. Reyes.

“Medyo matagal ‘yung transition (The transition will be slow) because some equipment was just bought recently and some are still useful. But our target is to do the easier ones first which have a high impact,” he said.

In November, the

EXTRAJUDICIAL SETTLEMENT/ PARTITION

OVER A PARCEL OF LAND AMONG HEIRS WITH WAIVER OF RIGHTS

company ran the pilot test of its communityoptimized managed electric transport, which it plans to use for its 25-passenger buses in Metro Manila.

“We’re doing the experiment now. We are learning from the trial period and when the trial period ends, we will come back and study our learnings on how we will operate them and its charging cycles,” Mr. Reyes said.

The buses have two uses: as service for Cebu Pacific employees and as passenger transport inside the airport. They serve employees in three routes, which are to and from Parañaque, Cubao, and Pasig. The buses that operate inside the airport bring passengers from the terminal to the aircraft.

“That’s what we are trying to work on and make sure it is efficient, optimal, it is right for the passengers and actually reducing carbon emissions,” Mr.

EXTRAJUDICIAL SETTLEMENT OF REAL PROPERTIES

BWM: Dec. 14 & 21, 2022

R.A. 9048/RA 10172 Form No. 10.1 (LCRO)

Republic of the Philippines Province of Misamis Oriental Municipality of Manticao -oOo-

OFFICE OF THE LOCAL CIVIL REGISTRAR PUBLICATION NOTICE R.A. 10172

NOTICE TO THE PUBLIC

DATE: 06 DECEMBER 2022

Petition No. CCE-0030-2020

In compliance with Section 5 of R.A. No. 9048/RA 10172, a notice is hereby served to the public that JOHNNY JABLA NATINDIM has filed with this Office a petition for correction of DATE OF DATE from OCTOBER 1, 1961 to OCTOBER 31, 1961 in the birth certificate of JOHNNY JABLA NATINDIM who was born on OCTOBER 31, 1961 at Punta Silum Manticao, Misamis Oriental and whose parents are ELENO J. NATINDIM and ELSA L. JABLA . Any person adversely affected by said petition may file his written opposition with this Office not later than 26 DECEMBER 2022

DOROTHEO O. LACBAIN, JR. Municipal Civil Registrar

KNOW ALL MEN BY THESE PRESENTS: That the late IRLANDO SAAVEDRA, who died on December 1, 1974 at Cagayan de Oro City, Philippines and died without issue; That said deceased died intestate without leaving any known debt which has remained unpaid or unsettled up to present, and all the obligations incurred during his death were all paid and/or settled; That at the time of his death left a PARCEL OF LAND, with TAX DECLARATION NO. G-028969, located at Baloy, Tablon, Cagayan de Oro City, Province of Misamis Oriental, Island of Mindanao, Containing an area of SEVEN HUNDRED THIRTY THREE (733) SQUARE METERS , more or less, and has been the subject of an EXTRAJUDICIAL SETTLEMENT/ PARTITION OVER A PARCEL OF LAND AMONG HEIRS WITH WAIVER OF RIGHTS, filed by the heirs of IRLANDO SAAVEDRA, Per Doc No. 201; Page No. 41; Book No. 51; Series of 2021, under the Notarial Registry of ATTY. EDGARGO Y. RAAGAS.

BWM Nov. 30, Dec. 7 & 14, 2022

KNOW ALL MEN BY THESE PRESENTS:

That the late TROADIA B. VARIACION. Who died on October 22, 1981, at Cagayan de Oro City, without leaving any will. That the deceased left real properties, A Parcel of Land with Transfer Certificate of Title No. T-7919 , situated in the Poblacion, City of Cagayan de Oro, Island of Mindanao, containing an area of FIVE HUNDRED (500) SQUARE METERS more or less, and Transfer Certificate of Title No. T- 42751 , situated in Kauswagan, Cagayan de Oro City, Island of Mindanao, Containing an area of THREE HUNDRED (300) SQUARE METERS, more or less and has been the subject of an EXTRAJUDICIAL SETLLEMENT OF REAL PROPERTIES, filed by the heirs of TROADIA B. VARIACION, Per Doc No. 434; Page No. 87; Book No. 102; Series of 2022, under the Notarial Registry of ATTY. RENE ARTEMIO T. PACANA.

BWM: Dec. 14 & 21, 2022

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MINDANAO

ECs (electric cooperatives) explain to their memberconsumers that the magnitude of increase is beyond the control of the ECs as generation charge is a pass-through cost.”

According to the regulatory body, the spikes in power rates in the Davao region had been mainly triggered by the swelling prices of coal in the international market.

In a consultative meeting led by ERC Commissioner Marko Romeo L. Fuentes, the Commission noted that they are targeting to “find possible solutions to address the increasing power rates brought about by the spike in the global prices of coal.”

Coal is currently the dominant fuel of power plants supplying electricity to various areas in the Davao region, because that had been the technology solution they embraced when they were suffering from power supply crisis in the past 7-8 years.

For ERC, it emphasized that it will “explore feasible immediate measures to ease the burden of electricity consumers who will have to set aside additional funds to pay for their higher electric bills due to increase in generation charge.”

Generation charge accounts for the biggest cost component being passed on to consumers in their monthly electric bills.

Fuentes stated that “even before the start of the series of PSA caravan, the ERC has already identified a number of issues and the corresponding action plans.”

He added “there already exists a global crisis on the rising prices of oil and coal which caused electricity rates to increase. These problems are the reasons why we are here to find solutions.”

Currently, the band-aid measure pursued by the ERC is the temporary suspension of the feed-in-tariff allowance (FIT-All) charge, which is a separate line item in the electric bills amounting to P0.0364 per kWh.

The FIT-All charge is collected from all consumers; and the revenues accrue to the FIT Fund which is being utilized to compensate the capacities injected by qualified renewable energy (RE) developers

Reconstruction Program under the 2022 General Appropriations Act (GAA 2022).

The fund will cover the equipage and the provision of ambulance for the MCGH. These projects are included in the priority projects of the Task Force Bangon Marawi for FY 2022.

The implementation of the projects is seen to support the operations of the hospital and improve the quality of health care system in the area.

his mark in the world. You may not have every ability and advantage that someone else does, but that does not mean you do not have all you need to be successful. So won’t you ask Jesus to take complete control of your heart and way of living? Only your Maker is the One Who can help you start making your mark and filling your place in the world. Just think a minute…

he said, “MATAGAL NA KAYONG NAKIKINABANG SA LUPANG PAGMAMAYARI NG MILITARY. ANG TITIGAS NG ULO NINYO, MABUTI PA MAGREBELDE NA LANG KAYO!” Thus, the farmers are now asking, “Col Lomas-e, you have told the DA that there are some FR (former rebels) in our area, thus, the MATG that you head has gotten some P299,650 through ELCAC. Is making us rebels, as you encouraged, your way of increasing the budget of ELCAC? In barring us from our land, MATG has built fences. Ang mga tanong po ng mamamayan sa Kibaritan na gusto nilang iparating sa MATG: ”MAGKANO BA ANG TOTAL BUDGET SA FENCING? TOTOO BA NA ANG TOTOONG CONTRACTOR AY ANG FORMER MAYOR PIZARO NG KALILANGANN NOONG SIYA AY MAYOR PA? BAKIT SA INYONG PROJECT SITE, WALA MAN LANG INFORMATION BILLBOARDS? MAY TINATAGO BA KAYO?”

DOMINADOR S. TADENA

Republic of the Philippines REGIONAL TRIAL COURT OF BUKIDNON 10th Judicial Region Branch XI Manolo Fortich, Bukidnon -oOo-

CIVIL CASE No. 21-11-295

Represented by his son, GHENI MARK TADENA, Plaintiff, -VS- FOR: RICKY F. ABA, CECILE A. REFORMATION OF GUMAPIT, LOURDES A. INSTRUMENT WITH CALAMBA, LEAH A. APPLICATION FOR FRANCIA, LEONORA A. PRELIMINARY PONTIVEROS AND LILIA F. INJUNCTION ABA, Defendants, x---------------------------------------------------------x

COMPLAINT

Comes plaintiff by counsel, unto this Honorable Court, respectfully allege, A. PREFACE

1. This is an action incapable of pecuniary estimation, some instrument of sales of portions of registered land made in Cebuano vernacular signed by the parties at the barangay, the documents give no specific area, meters and bound, no technical description.

2. This action is within the jurisdiction of the Regional Trial Court.

3. The land is located at barangay Danatag, Baungon, Bukidnon.

B. PARTIES

4. Plaintiff is of legal age, Filipino, married, resident of Mendoza Compound, Patag, Cagayan de Oro City, he is a retired member of the Philippine National Police (PNP), his attorney-in-fact is his son Gheni Mark Tadena, of legal age, Filipino, married, also a resident of Mendoza Compound, Patag, Cagayan de Oro city: SPA is Exhibit A:

5. Defendants are all of legal age, Filipinos, married, except their mother Lilia who is a widow, they are presently residing at Sitio Langawon, Dansolihon, Cagayan de Oro City: they are the children and widow respectively of the late Roquito Aba who left behind two (two) parcels of registered lands, particularly lot 1365-D area of 2.76 hectares under TCT No. AT-26939-Exhibit B- and lot 1365-K area of 2,673 square meters under TCT No. AT-26940-Exhibit D; these leads are parapheral properties of Roquito Aba, he having inherited them from his parents; lot 1365-d has Tax Decalration No. 01-004-0373—Exhibit C- with assessed value of P 15, 420.00: Lot 1365-k has Tax Declaration No. 01-0040374 with assessed value of p1,510.00 - Exhibit E; 6. 1365-D has B1. Form V-37, Exhibit F and the survey plan of lot 1365, Psd-10-034867(AR), Csd 830, Exhibit G;

C. CAUSE OF ACTION

7. Plaintiff after his retirement from the police service in 1998, invested his retirement fee in small cassava farming in Baungon, Bukidnon, he accepted real estate mortgage on small agricultural areas which he planted to cassava: In the course of time, he befriended some of the local residents, one of whom are the Aba family, children of the late Roquito Aba: 8. On March 8, 2013, Ricky Aba sold to plaintiff his undivided share of the land left by his father, Roquito: the amount was P50,000.00 and the transaction was made at the barangay hall where the parties and witnesses signed the document which was in Cebuano dialect before the barangay Chairperson Erlinda Dominguez, copy of the document is Exhibit H;

and the environment. Researchers have studied the effects of nature and green spaces on mental health for years. Many studies show a significant benefit. In a 2019 review in Current Directions in Psychological Science, researchers found that green spaces near schools encourage cognitive development and better self-control in children.

Another review from Science Advances learned that nature is associated with better happiness, well-being, and a sense of purpose.

Humans drive climate change. In the 6th report from the IPCC, the authors determined that the last decade was the hottest in human history and we can now link specific weather events to human-made climate change. Climate change’s effect on the environment is hard to overstate. Diseases, droughts, severe weather events, and more threaten plants, animals, and humans. If fossil fuel emissions aren’t reduced immediately, the environment will become uninhabitable.

It’s challenging not to feel hopeless in the face of environmental disasters and climate change. However, we can’t afford to be hopeless and there are many solutions we still have time to implement.

Indeed, poverty, hunger, ecological disaster, corruption, violence, greed and apathy, social injustice, gross inequities and violent extremism, when put together, is the lethal combination that puts a country in disarray caused by formidable social structures that can only be described as pyramidal, elitist and oppressive. This truism is now happening in Sitio Kibaritan as the community is now living in extreme poverty, non-stop oppression and corruption.

While our health centers have no medicine, our pupils are in dire need of educational materials and the poor, the aged, those with disabilities and the marginalized sectors are not being assisted by DSWD for lack of funds, yet the ELCAC BUDGET IS INCREASING BY THE BILLIONS OF PESO9? For what? Well, such is RES IPSA LOQUITOR AS SHOWN IN KIBARITAN WHICH IS NOW IN TOTAL DISARRAY! SUCH SOCIAL WRONG SHOULD NOW BE RECTIFIED BY NO LESS THAN PRES BBM HIMSELF AS COMMANDER-INCHIEF!

9. On August 19, 2019, Cecile A. Gumamit sold her undivided share to plaintiff for the sum of P60, 000.00; the sale was done at the barangay hall, the “Kasabutan” was in Cebuano signed by the parties and witness before Barangay Chairman Arnold Calang, Exhibit 1; 10. On June 15, 2020, Lourdes A. Calamba also sold her undivided share of the land to plaintiff for the sum of P60, 000.00; the transaction happened in the barangay hall. The “Kasabutan” was in Cebuano signed by the parties and witnesses before the Barangay Chairman, Eimero E. Yamut, Exhibit J; 11. On November 8, 2019, Leonora A. Pontiveros mortgaged to plaintiff her undivided share for the sum of P25, 000. 00 for a term of five (5) years or until year 2021, the “Kasabutan” is in Cebuano signed by the parties before the Barangay Chairman, Exhibit K; 12. On March 23, 2020, Leah A. Francia mortgaged her undivided share for the sum of P25, 000. 00 to plaintiff for a term of five (5) years, the “Kasabutan” was in Cebuano signed by the them and witnesses before the Barangay Chairman; Exhibit L:

13. Of the total seven (7) children, only two have not sold or mortgaged their shares to plaintiff, they are Armando Aba and Madie A. Quirompat, while three, namely: Ricky, Cecile and Lourdes have entirely sold their shares and other two, Leonora and Leah have mortgaged their shares to plaintiff for at term of five (5) years or until 2024 and 2025 respectively: plaintiff have built two (2) farm houses inside and planted the area to cassava, pictures of the farm houses and cassava farm are Exhibit m to M-14;

14. Theoretically lot 1365-D which has an area of 27, 326 square meters has to be divided among the eight legal heirs seven siblings and their mother, each should get a share of 3, 415 .75 square meters, three of the shares, Ricky, Cecile and Lourdes were sold to plaintiff, thus a total of 10,247.25 square meters is now owned by plaintiff: two other shares of Leonora and Leah were mortgaged and are in actual possession of plaintiff, until the year 2025, a total area mortgaged is 6, 831. 50 square meters: plaintiff have been in actual possession a total area of 17, 078. 35 square meters, 10, 247.25 as his own while the 6, 831. 50 is under mortgaged until 2025;

15. Last month of March 2021 plaintiff was shocked when he was told by Ricky that the family will sell lot 1365-D and was told to relocate to lot 1365-K a small lot of 2,673 square meters which is river bark casement, allegedly, this was the lot that were the subject of sale, not lot 1365-D; 16. The master was brought to the barangay but Ricky insisted that the area sold by him and his two sisters were lot 1365-K as well as the area mortgaged by Leonora and Leah; worse, Ricky continued to offer lot 1365-D for sale, few buyers came and inspected the land but discouraged when they saw plaintiff cassava farm and two farm houses inside.

D. REMEDIES

17. Plaintiff ask that lot 1365-D be subdivided into 8 parts equally, among the seven children. Ricky, Cecile, Lourdes, Mardie, Armando, Leonera and Leah and their mother Lilia at 3,415.75 square meters each; that the shares of Ricky, Cecile and Lourdes total of 10,247.25 square meters be conveyed, ceded and transferred to the plaintiff; 18. Plaintiff also ask that defendants Leonora and Leah be ordered to execute real estate mortgage in favor of plaintiff their respective shares of 3,415.75 sq. meters each; 19. Plaintiff repleads the material allegations in the foregoing to form integral part of his prayer for provisional remedy; 20. Plaintiff will sustain immeasurable damages if defendants will not be restrained to offer lot 1365-D for sale and a buyer might take the risk to buy the land during the pendency of this case; 21. Plaintiff has meritorious case which can be supported with documentary, object and testimonial evidence; plaintiff attached in this complaint his Affidavit of merit; 22. Plaintiff is willing to post injunction bond should the court requires.

F. EVIDENCE

23. Plaintiff will offer the following papers and documents provisionally marked as Exhibits; i.

DOCUMENTS

Exhibit A Special Power off Attorney by plaintiff in favor of Gheni Mark Tadena

Exhibit B TCT No. AT-26939, Lot 1365-D in the name of Roquito Aba.

Exhibit C Tax Declaration No. 01-004-00373 for lot 1365-D with assessed value of P15,420.00.

Exhibit D TCT No. AT-26940, Lot 1365-K in the name of Roquito Aba.

Exhibit E Tax Declaration No. 01-004-00374 for lot 1365-K with assessed value of P1,510.00.

Exhibit F BL Form V-37 for lot 1365-D

Exhibit G Survey Plan, Psd-10-034867 (AR) for lot 1365, Csd 830, Baungon Cadastre

Exhibit H Kasabutan-march 8, 2013 between Ricky Aba and Dominador Tadena, sale of Ricky’s share for P50,000.00 (Barangay Danatag)

Exhibit I Kasabutan-August 19,2019 between Cecile Aba Gumamit and Dominador Tadena for the sale of her share for the sum of P60,000.00 (Barangay Danatag)

“We are not letting alone Marawi. As a fellow Maranaoan, the rehabilitation and recovery of Marawi City is a project that is close to my heart,” Pangandaman said.

According to the budget chief, President Marcos has directed her to put the welfare and health of the Filipino people first.

“And so we, at the DBM, commit to fully support projects and programs that will help in rebuilding Marawi, and in doing so, we shall ensure that there is enough fund to support the people’s health care,” she said

The release of funds for the MCGH is chargeable against the Fiscal Year 2022 National Disaster Risk Reduction and Management Fund (NDRRMF) – Marawi Recovery, Rehabilitation and

Protecting plant and animal species, conserving healthy green spaces, and reducing emissions will make a difference. Humans can save the planet for future generations by caring for the environment.

What is your contribution to keep Mother Earth alive?

Reyes said.

For its air fleet, Cebu Pacific is targeting to operate an all-new-engine-option (NEO) fleet by 2028.

Exhibit J Kasabutan-June 15, 2020 between Lourdes Aba Calamba for the sale of her share to Dominador Tadena for the sum of P60,000.00 (Barangay Danatag).

Exhibit K Kasabutan-November 8, 2019 between Leonora A. Pontiveros and Dominador Tadena for the mortgage of her land for the sum of P25,000.00 a period of five (5) years ending 2025. (Barangay Danatag)

Exhibit L Kasabutan-March 23, 2020 between Leah Aba Gumamit and Dominador Tadena for the mortgage of her land for the sum of P25,000.00 for a period of five (5) years ending 2025 (Barangay Danatag)

Constitutional pronouncement that “the State shall promote social justice in all phases of national development.” Yet, in standing for their right, they reported that no less than Mindanao Army Training Group-TRADOC (MATGTRADOC) Commander Lomas-e has encouraged them to be rebels when

In 2022, the carrier added five fuel-efficient NEO aircraft to its fleet, while it expects the delivery of 11 NEO aircraft in 2023. Three of the 11 NEO aircraft will be 320neo, four will be 321neo and four are 330neo.

The 11 aircraft are expected to cost around $2 billion with 2018 price quotes showing A320neo at around $110.6 million, A321neo at $129.5 million, and A330neo at least $259.9 million.

Cagayan de Oro City, for Manolo Fortich, Bukidnon. October 31, 2021.

WED-THU | DECEMBER 14-15, 2022 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 7 High...
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ii. OBJECT EVIDENCE Exhibit MM-12 Pictures of plaintiff 2 farm houses and cassava farm. iii. TESIMONIAL Exhibit N Judicial Affidavit of Plaintiff. 24. Plaintiff makes reservation for additional witnesses whose Judicial Affidavit may be filed to this Honorable Court on pre-trial hearing; G. APPLICABLE LAW 25. Plaintiff invokes Article 1359 to 1369, Book IV, Title II, Chapter 4, Civil Code of the Philippines H. JURISPRUDENCE 26. Plaintiff invokes the ruling of the Supreme Court in the cases; a. Multi-Instrument Capital and Management Corporation vs. Stalwart Management Services Corporation - 526 SCRA 420 b. Frabelle Fishing Corporation vs. Philamlife Insurance Company – 530 SCRA 543. I. PRAYERS
It is prayed for that a Decision be issued directing defendant to subdivide lot 1365-D equally among the legal heirs of Roquito Aba 8 of them, seven children and the surviving wife; that the shares of Ricky, Cecile and Lourdes be ceded, Transferred and conveyed into the plaintiff; that defendant Leonora A. Pontiveros and Leah A.
WHEREFORE.
Francia be ordered to execute Deed of Real Estate Mortgage of their respective share to plaintiff for a period of five (5) years until the year 2025. Plaintiff further pray for other just and equitable reliefs.
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Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.