BusinessWeek Mindanao (December 16-17, 2022)

Spain backs BARMM

SPANISH President Pedro Sánchez Pérez-Castejón has vowed to provide institutional support to help strengthen the dialogue in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).

In a press release, Malacañang said Pérez-Castejón made this commitment in his “historic” bilateral meeting with President Ferdinand R. Marcos Jr. on Wednesday on the sidelines of the Association of Southeast Asian Nations-European Union (ASEAN-EU) Commemorative Summit in Brussels, Belgium.

"The Spanish cooperation in Muslim Mindanao… especially this region, [the] Bangsamoro Autonomous Region, [is] where we try to provide institutional support and strengthen the dialogue," he said.

Power investment

COTABATO City – The Bangsamoro Board of Investments (BBOI) is ending 2022 with a message that the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) remains a good investment destination by approving the P75-million registration for the expansion of Kaltimex Rural Energy Corp. (KREC) KREC, 60 percent Filipino- and 40 percent Indonesian-owned, wants to expand an off-grid diesel power plant on 2.7 hectares of property, about 5 km. from the town center of Bongao, the capital of Tawi-Tawi.

The output of the 8-megawatt (MW) diesel power plant will supply electricity to the Tawi-Tawi Electric Cooperative with a total expansion cost of P75,554,881 and will generate 48 job employments, both direct and indirect.

Bracing for Covid surge

THE Davao City Covid-19 Task Force is bracing for the possible surge of Covid-19 cases due to gatherings during the Yuletide season.

In a radio interview Monday, task force spokesperson Dr. Michelle Schlosser said Dabawenyos should not be complacent despite the low cases recorded in the past weeks since there are still Covid-19 deaths included in the list.

“We are preparing, bracing for the yuletide season. There are a lot of gatherings, parties, and activities that people go to,” she said, reiterating that Dabawenyos should understand that the only way to combat Covid-19 is through vaccination and booster shots.

CDO forms anti-red tape body vs. ‘fixers’

THE Cagayan de Oro city government has launched the Cagayan de Oro Committee on Anti-Red Tape (CDO-Cart) to curb the prevalence of "fixers" in city government-related

In an interview on Wednesday, John Asuncion, local economic development and investment promotions officer, said the 10-member CDO-Cart is led by Mayor Rolando Uy as chairman. "We will let people know of that committee. So they will know that such committee exists," Asuncion said, who is also designated as CDO-Cart vice chairman. Members of CDO-Cart are composed of city hall department heads, with the Department of Interior and Local Government and the Department of Trade and Industry as partners. Last week, Uy said he has received reports of individuals, some of them city hall workers, who took advantage of clients with a promise to expedite the process in exchange for favors. "You will know them before Christmas, I

will call these personalities in my office. It (the list of names) is just on my table," he said. Uy said he will not tolerate "fixing" practices at the city hall as it puts his governance in a bad light. "I am strict when it comes to serving the people. If you have needs, I will be there, but if you exploit the people by giving them the services they need, then you will be no longer my friend," he said. Under Republic Act 9485 or the AntiRed Tape Act of 2007, fixing is considered a grave offense. Violators will face the penalty of either imprisonment not exceeding six years or a fine, not less than P20,000, but not more than P200,000, or both. Asuncion said getting rid of fixers is necessary, especially since the city hall is preparing for next year's cycle for issuing business permits.

(PNA)

DAVAO

POPCORN TREAT.

Alsons

Dec. 11, 2022).

of people

Public urged to canvass prices of ’noche buena’ products before buying

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.

“We check our budget and we should make a list of the products that we want to purchase based on our budget; and we canvass the price,” Masillones said.

“The product price may vary depending on the area, especially that we

Davao City to open more night markets

By ANTONIO L. COLINA IV MindaNews

DAVAO City – The City Government of Davao will open more night markets to help create more opportunities for the small vendors and boost the local economy by spreading out business activities to other parts of the city, a councilor said.

Third District Councilor Bernard Al-ag, chair of the committee on trade, commerce, and industry, said during the “One Davao: A Virtual Presser” streamed live over the Philippine Information Agency (PIA)-Davao’s Facebook page on Monday that the local government

seeks to expand the existing Roxas Night Market and open similar night markets in other parts of the city.

He said that they are eyeing to open night markets soon in Toril, Calinan, Mintal, Bunawan, Lanang, Marilog, and Paquibato.

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.

Dev is the real estate

BOAT RIDE. Residents ride pump boats to go home to their communities along the Rio Grande de Mindanao in Cotabato City. MindaNews photo by FROILAN GALLARDO

Dozens

queue to avail of popcorn treat courtesy of the city government, at Rizal Park in Davao City on Sunday evening (1

transactions.

MinDA boosts partnership among PH Ambassadors

DAVAO City – To provide a strong partnership with relevant institutions, especially with the Department of Foreign Affairs (DFA), the Mindanao Development Authority (MinDA) welcomed on Friday the 17 newly designated and confirmed Philippine Ambassadors Extraordinary and Plenipotentiary here.

In a statement Saturday, Secretary Maria Belen Acosta said the gathering paved the way for advancing popular growth and development in Mindanao.

The Ambassadors visited the city as part of their Onsite Economic Diplomacy Program before they assume early next year their respective posts and

assignments in various parts of Asia, the Middle East, Latin America, and Europe.

Acosta said it is seldom that Mindanao is visited by a group of Philippine Ambassadors and that is why "we are truly delighted with your presence here today knowing fully well of your strategic role in promoting and marketing our country as a promising investment and tourism destination in the international field.”

MinDA, as the Philippine Country Coordinating Office for Brunei Darussalam – Indonesia – Malaysia –Philippines East ASEAN Growth Area (BIMP-EAGA) and Mindanao’s arm for international cooperation,

has been requested by DFA Manila – Office of International Economic Relations and DFA Mindanao to co-organize the visit of the Ambassadors.

“This is our collective duty as we respond to the call of President Ferdinand Marcos Jr. to bring back the Philippines to the highest pedestal of international representation,” Acosta said.

With the Ambassador’s representation, Acosta is optimistic about the expansion of the good reputation of the Philippines in the ranks of the nations.

“And we recognize the ambassadors’ role in promoting our rich culture, history, and tradition; our unique

products, and various places for investments and international partnerships, as well as for tourism,” she added.

Highlighted during the

event was the support to various initiatives that will facilitate the strengthening of ongoing trade and investment agreements and cooperation with other

countries, and the promotion of Mindanao’s economic potential and investment opportunities to the rest of the world. (PNA)

48K Davao students get educ’l aid from DSWD-11

DAVAO City – Some 48,827 students in Davao Region received cash aid via an Educational Assistance Payout as of Dec.14, the regional Department of Social Welfare and Development (DSWD11) office said Wednesday. In a press briefing, DSWD-11 Director Vanessa Goc-ong said the total amount disbursed for the payout in the region reached P105.3 million. The aid is under the DSWD's Assistance to Individuals in Crisis Situations (AICS) program, which has been extended to cover students in crisis or emergencies. “It is a regular (DSWD) program, what we did is we conducted the massive payout,” Goc-ong said. Goc-ong assured that

despite the massive payout being over, the educational assistance program for indigent students will continue. “But as to the question if the massive pay-out will continue next year, we will await the directive from our central office if there will be a specific allocation to educational assistance,” she said. For this year, Goc-ong said DSWD-11 has released an estimated P1.5 billion for all programs under AICS involving at least 257,054 clients. “This includes our assistance for medical or hospital, education, burial, and others,” she added. AICS provides medical, burial, transportation and subsistence assistance to persons/families

in crises, specifically those belonging to the informal sector and other poor, marginalized, vulnerable and disadvantaged individuals. (PNA)

EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE

KNOW ALL MEN BY THESE PRESENTS:

That the late AQUILINO LADUA UBANAN who died intestate on March 30, 2015 at Taparak, Alubijid, Misamis Oriental and EMILIA YANGWAS UBANAN who died intestate on May 27, 2002 at Taparak, Alubijid, Misamis Oriental, that during their lifetime they are the absolute and registered owner of one (1) parcel of land with ORIGINAL CERTIFICATE OF TITLE NO. P-34606 located at Taparak, Alubijid, Misamis Oriental, containing an area of THIRTY SIX THOUSAND SIX HUNDRED TWENTY SIX (36, 626) SQUARE METERS, MORE OR LESS , and has been the subject of EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE. That for the purposes of this partition agreement, the heirs hereto have caused to abovedescribed properties to be subdivided ad mutually and voluntarily agreed, to partition and adjudicate among themselves their common property as described, filed by the heirs of AQUILINO LADUA UBANAN and EMILIA YANGWAS UBANAN. As per Doc No. 101; Page No. 21; Book No. 24; Series of 2022 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ.

BWM Dec. 9, 16 & 23, 2022

than DECEMBER 22, 2022

FRIETCHIE VIRTUDAZO-REYES

Municipal Civil Registrar I

NOTICE TO THE PUBLIC

EXTRA-JUDICIAL SETTLEMENT OF ESTATE BETWEEN HEIRS with SALE

KNOW ALL MEN BY THESE PRESENTS:

That the late ALFREDO BALCORSA PALASAN , who died intestate on November 4, 2012 at Cagayan de Oro City. That at the time of his death he left a certain parcel of land with TRANSFER CERTIFICATE OF TITLE NO. C-8105, located at Lourdes, Alubijid, Misamis Oriental, containing an area of NINE THOUSAND ONE HUNDRED THIRTY (9, 130) SQ. M. And has been the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE BETWEEN HEIRS with SALE, That for and in consideration of the sum of ONE HUNDRED THOUSAND PESOS (100, 000.00) Philippine Currency, in hand paid by Spouses JESUS BALCORSA PALASAN and GRACIA KIONISALA PALASAN, both of legal age, Filipino citizens, married, and residents of Purok 9, Poblacion, Laguindingan, Misamis Oriental; receipt of the said amount is hereby acknowledged by the HEIRS-VENDORS, to their full satisfaction, by these presents, the herein HEIRS-VENDORS hereby SELL, CEDE, TRANSFER and CONVEY the above described parcel of land covered by TRANSFER CERTIFICATE OF TITLE NO. C-8105 with an area of NINE THOUSAND ONE HUNDRED THIRTY (9, 130) square meters , more or less located at Lourdes, Alubijid, Misamis Oriental by way of Absolute Sale, unto the said by Spouses JESUS BALCORSA PALASAN and GRACIA KIONISALA PALASAN, their heirs, successors and assigns, which parcel of land is free from all liens and encumbrances of whatever nature; filed by the heirs of ALFREDO BALCORSA PALASAN, As per Doc. No. 313; Page No. 63; Book No. 24; Series of 2022 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ.

ADB hikes 2022 growth forecast for PH, cuts 2023 projection

THE Asian Development Bank (ADB) hiked its 2022 growth forecast for the Philippines to 7.4 percent following the higher-than-expected output in the first three quarters of this year, but slashed its 2023 projections.

The Manila-based lender revised its 2022 growth forecasts from the previous 6.5 projection but the 2023 forecast was adjusted to 6 percent from 6.3 percent. These figures are included in the latest supplement of the lender’s Asian Development

Outlook (ADO) 2022 released on Wednesday.

In a briefing on Wednesday, ADB Country Director for the Philippines Kelly Bird attributed the change in this year’s gross domestic product (GDP) projection to the around 7.6 percent actual output in the first three quarters of the year, which exceeded the government’s 6.5 to 7.5 percent full year growth assumption.

The economy posted an annual growth of 8.2 percent, 7.5 percent and 7.6 percent in the first to third quarters this

year, respectively.

“The Philippine economy has shown strong underlying growth momentum and resilience in 2022 and this is expected to continue in 2023, with GDP growth converging towards its longer term growth rate of about 6 percent,” Bird said.

The ADB official traced the reduction of their 2023 growth output forecast for the domestic economy to the impact of elevated inflation, higher interest rates and the sharper-

LGUs’ loan applications drop 65% at end-November

LOANS sought by local government units (LGUs) fell by 65.42% as of endNovember, the Bureau of Local Government Finance (BLGF) reported.

Loan requirements of LGUs reached P31.06 billion in the 11-month period, lower than the P89.83 billion posted in the same period a year earlier.

Debt applications are extracted from the BLGFissued certificates of net debt

service ceiling and borrowing capacity, of which 163 were released during the period, including seven amendments. These certificates were issued to 120 municipalities, 31 cities, four provinces, and eight barangays.

Cities applied to borrow P13.572 billion, followed by municipalities (P12.59 billion), provinces (P4.83 billion), and barangays (P74 million).

The certifications are

a leading indicator for the borrowing intentions of local governments, whose capacity for taking on debt must be certified by the BLGF, a unit of the Department of Finance.

In the 11 months ended November, LGUs’ total borrowing capacity was P79.343 billion, 66.74% lower than the P238.54 billion from a year earlier.

Cities had a borrowing

Pag-IBIG Fund home loan payments up 30% to P57.6B

DRIVEN by the strong collection of home loan payments in the last 10 months, Pag-IBIG Fund’s performing loans ratio climbed to 89.96 percent in October, exceeding the agency’s year-end target by 196 basis points, top executives announced Monday.

From January to October, home loan payments amounted to P57.58 billion, up by 30 percent or P13.31 billion higher than the P44.27 billion collected in the same period last year.

The amount is a record high in terms of home loan payments collected by the agency for any January to October period. “We are happy to report that the amount of home loan payments we have collected so far this year is the highest in our history. This is good news as it reflects the continued recovery of our borrowers from the financial difficulties caused by the pandemic. Our

strong collections are key in maintaining our financial sustainability, as the amount we collect are ploughed back to our housing portfolio so that more members can avail of affordable home loans from Pag-IBIG Fund. This is one of our ways of heeding President Ferdinand Marcos Jr.’s call in solving the country’s housing backlog within the next six years,” Secretary Jose Rizalino Acuzar, who heads both the Department of Human Settlements and Urban Development and the 11-member Pag-IBIG Fund Board of Trustees, said in a statement. PagIBIG Fund chief executive officer Marilene Acosta said that with its record-high collections, the agency has exceeded its year-end target on its performing loans ratio (PLR) earlier than projected. As of October, Pag-IBIG Fund’s PLR stood at 89.96 percent surpassing its yearend target of 88 percent, while gaining 1,028 basis

points from September 2021 figures when the agency’s PLR dipped to 79.68 percent following the effects of the pandemic.

“We thank our members for their efforts in fulfilling their payment obligations on their Pag-IBIG Housing Loans. It shows their growing appreciation that their ontime payments allow us to continue financing the loans of other members who wish to secure housing loans of their own,” Acosta said.

“And, as we all continue to recover from the pandemic, we shall keep working hard to maintain our collections strong and our PLR high. These would allow us to not only address the loan needs of our members, but to also keep our interest rates low despite the upward market trend. These are all part of our Lingkod Pag-IBIG commitment to provide accessible and affordable home loans for each Filipino worker,” he added. (PR)

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Hitting the ground running opinion

E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

Muntinlupa City Mayor Ruffy Biazon recently paid tribute to former mayor and now Congressman Jaime R. Fresnedi, for leaving the city “a functioning city government” which has enabled Biazon “to hit the ground running during his first 100 days.”

Working with the same “Fresnedi performance team”, Biazon said that city programs and projects in health, education, economic progress, livelihood, peace and order, justice and environment, moved ahead without missing a beat.

In his address at the Muntinlupa Sports Center, filled to capacity with city government officials, the Sangguniang Panglungsod led by Vice Mayor Temy Simundac, heads of national offices based in Muntinlupa, members of the judiciary and prosecution service, the business community, the police, civic clubs and people’s associations, Biazon rendered his progress report.

125.20% of the city’s target population have been fully-vaccinated with 49.35% receiving at least one booster shot. More than 1,241,329 total vaccines have been administered based on the latest numbers.

A new building at the Ospital ng Muntinlupa (OSMUN), is set to open soon. New equipment, like dialysis machines, anesthesia

machines, are being installed at OSMUN. In cooperation with the Pamantasan ng Lungsod ng Muntinlupa (PLMUN), OSMUN is set to open the city’s first public College of Medicine. OSMUN is currently receiving applications for academic year 2022-2023. A scholarship grant worth P100,000 per year awaits qualified beneficiaries.

Under its Sustainable Nutrition Augmentation Program, the city provided 700 families in 18 target areas in the City's nine barangays by giving them a supply of eggs, vegetables, and other nutritious food.

The city government continued to provide livelihood assistance to the grassroots. Under the Tulong Negosyo Dagdag Puhunan program, 172 microentrepreneurs received a total of P3,899,000 in interest-free loans. 5 primary cooperatives likewise received interestfree assistance under the Cooperative Loan Assistance Program.

To dramatize the city’s contribution to saving the environment, Biazon signed, midway in his speech, an executive order banning plastic beverage bottles at city hall in an effort to reduce plastic waste. In a related move, Biazon reported that he has initiated the establishment of an Eco Grocer store where one can

buy refill of liquid bath soap, liquid hand soap, shampoo, and other toiletries, using environment-friendly and sustainable packaging.

Hitting two birds with one stone, the initiative aims to help reduce plastic pollution and also support cooperatives that create these products.

Biazon lauded the city's ongoing partnership with Plastic Flamingo, which has converted 133 tons of plastic residuals into chairs, bricks, or plastic lumber.

The city government also launched the Adopt-A-River Project in partnership with private companies in the city and the Laguna Lake Development Authority.

A priority under Biazon's economic agenda involves the digitalization of services and automation of government transactions under the Ease of Doing Business Act to further attract business investors. Data-driven programs such as socio-economic mapping, database enhancement, and community-based monitoring system enable Biazon and his economic team to make informed decisions based on solid, real-time data, on the way to making Muntinlupa a true Smart City and BusinessFriendly LGU.

Biazon improved the city's security with expanded 24/7 CCTV coverage, and the ongoing installation of

IGNACIO BUNYE

IP Surveillance Monitoring System and Fiber Optic Network connection to the Command Center at the city's Resiliency Building for round-the-clock monitoring of emergencies or disasters. Nine additional security outposts were installed in strategic locations for enhanced visibility of the police and the Public Order and Safety Office (POSO). The city government likewise turned over 12 new ambushtype patrol vehicles and 21 motorcycles for both police and POSO personnel.

Congressman Fresnedi, who was a special guest during the program, reported on several initiatives which have resulted in additional financial resources for the city. He reiterated his intention of filing a bill which would split Muntinlupa into two separate congressional districts, which would further improve the city’s fiscal position.

Rapid changes and the Generation Z

The art of life lies in a constant readjustment to our surroundings –Kakuzo Okakura - The Book of Tea

Made of Love

Think a minute...A medical school examined 260 different studies of young adults to learn what they essentially need in life to be healthy, happy human beings. After studying all the results, they renamed the entire study, Hardwired to Connect. Just like an electronic machine is wired to work only with the right connections, we humans must have the right connections of love with each other. From the moment we are born, we need love from other people. It is basic biology.

The results of another study by Columbia University showed that a father’s love for his children, or lack of it, has a powerful and permanent impact on his kids for good or for bad. When a father did not have an involved, close relationship with his children, those kids were 68% more likely to get into trouble with drugs, alcohol, and violence. But when children did have a close, caring father, less than 6% of those kids were likely to get into trouble.

Even though he is gone, Michael Jackson is still famous as the King of Pop music; and his album, Thriller, is still the #1 selling album in history. His amazing career started when he was only 5-years-old and the lead singer of his family’s music group the Jackson 5 who became world famous. Some years ago Jackson shared in an interview that during his family’s first music practice, something went wrong and little 5-year-old Michael called out, “Daddy!” His father stopped everything to harshly scold and yell at Michael, saying: “I am not your father! I’m your manager! And don’t you ever forget it!” Michael

TIAFAU HURST

says he never could forget it!

A few years ago Michael Jackson was giving a speech at Oxford University. He was talking about his foundation called Helping the Children. Suddenly he broke down crying so emotionally and uncontrollably that he could not speak. Finally, Michael Jackson said: “I just wanted a dad. A father who showed me love. And my father never did that. He never said to me: ‘Michael, I love you.’”

Maybe you did not grow up in a close relationship with your parents, or your father never showed you much love. Today, that can all change. You can come home to your true Father Who gave you life, and will always love and accept you. He also wants to show you His awesome plan and purpose for your life. So won’t you ask Jesus to take full control of your heart and life every day? He is the only One who can give you the real love you need and were made for. Just think a minute…

After a three-year hiatus, I was finally able to teach a college class again this year. I was very happy that I found time to return to one of the things I like doing. Last week however, as my students took their final exams, I suddenly realized that times have truly changed. The sight of kids with face masks answering their finals on laptops or even smaller devices was a stark reminder for me of the new normal.

What was more jarring for me was the absence of pens and paper during the test. The relative silence of students scribbling on exam booklets has now been replaced by the sound of keyboards being tapped.

Despite having mostly face to face classes nowadays, it has become apparent that the online technology which became prevalent during the pandemic has embedded itself into the way kids are taught now and the way they learn. When I returned to teaching,

I learned that I had to learn a whole new way of running classes. In some classes you have a combination of onsite and online students forcing teachers to apply skills similar to taping a show with a live audience.

Exams and quizzes are loaded online while being synchronously answered. The terms are different. “Exams” have now been replaced by formative and summative assessments. Teaching has forever been altered and the teachers have been forced to continuously adapt to the changes.

Not only has the teaching systems been changed but I have found that the new generation of students are quite different from the ones I taught for the last decade prior to my hiatus. This is the first time I have taught kids of the so-called Generation Z. To say that teaching Generation Z’s involves challenges for a Generation X like me is an understatement. The combined effects of quarantine life brought about by the pandemic, rapid tech changes, constant exposure to constant and unfettered

online content have produced a unique generation of kids.

Experts in psychology, social anthropology, marketing, politics and other sciences are undoubtedly conducting numerous studies on the effects of these rapid changes on these kids. Some of these changes are apparent. They are more reserved and harder to engage. There is a marked increase in sensitivities.

Apparently, one has to learn the proper pronouns now in addressing students (he, she, they, it). As a result, teachers now have to adjust their way of lecturing. In-class jokes and anecdotes have to be recalibrated to avoid offending sensibilities. As digital natives, they have instant access to facts. As such, teachers need to concentrate on the whys and hows. It is no wonder that many teachers have expressed difficulties in handling these changes.

Dealing with change is difficult. It is difficult for all generations. However, as John F. Kennedy once said “Change is the law of life and those who look only to the past and

OBLIQUE OBSERVATIONS

present are certain to miss the future”. Capacitating the next generation is an existential priority. For better or worse we can no longer use the old ways to guide them.

They will no longer listen to us just because we are older. Institutional and peer support must now be the norm to allow us to adapt. Families must be engaged to help steer the new generation. It is not enough that we adapt the tech, we must understand how to use them in communicating with each other. It was once said that it takes a village to raise a child. Now more than ever the community must band together to ensure that everyone adapts to the changes of this new world.

This is my oblique observation.

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PH trade deficit eased to $3.3-B in Oct. ‘22

THE Philippine Statistics Authority (PSA) reported Tuesday that the balance of trade in October this year incurred a deficit of $3.31 billion.

The country’s trade deficit in October, however, slowed down both month-on-month and year-on-year basis by 31 percent and 13.5 percent, respectively.

Trade deficit in September

2022 amounted to $4.84 billion, while October 2021’s deficit was at $3.82 billion. This, as exports further grew in October while imports eased compared to the previous month.

Philippine export revenues in October 2022 stood at $7.69 billion, up by 7.4 percent from $7.16 billion worth of exports in September this year. It was also higher by 20 percent from

exports of $6.41 billion a year ago.

Imports declined by 8.4 percent month-on-month from $12 billion, while yearon-year, import increased by 7.5 percent from $10.2 billion.

“In October 2022, the country’s total external trade in goods amounted to $18.70 billion which indicates an annual growth rate of 12.3 percent from its level in the

Vehicle sales log double digit growth for 9 straight months

THE Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) reported another double-digit growth for vehicle sales in November, the ninth consecutive month that local vehicle assemblers recorded double-digit growth in volume.

A joint CAMPI and TMA vehicle sales report for November 2022 showed an increase of 32.4 percent to 35,037 units from 26,456 units sold in November 2021.

Sales of commercial vehicles led the growth at 43 percent to 26,106 units last month from 18,251 units sold a year ago.

In the commercial vehicle segment, 20,211 unit sales were light commercial vehicles, 4,983 units were Asian utility vehicles, 537 units were light trucks, 337

EXTRAJUDICIAL SETTLEMENT OF ESTATE OF THE LATE MARIVIC CAAYAMAN ACTUB

KNOW ALL MEN BY THESE PRESENTS:

That the late, MARIVIC CAAYAMAN ACTUB, who died intestate on January 22, 2008, at Zone 3, Toboc, Opol, Misamis Oriental, respectively. That at the time of her death left a parcel of land with TRANSFER CERTIFICATE OF TITLE NO. T-39435 , located at Taboc, Opol, Misamis Oriental, containing an area of SIX HUNDRED EIGHTY SIX (686) square meters more or less, and has been the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE OF THE LATE MARIVIC CAAYAMAN ACTUB, filed by the heirs of MARIVIC CAAYAMAN ACTUB. Per Doc No. 273; Page No. 55; Book No. 20; Series of 2021 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ.

BWM Dec. 2, 9 & 16, 2022

EXTRA-JUDICIAL SETTLEMENT OF ESTATE

KNOW ALL MEN BY THESE PRESENTS:

That the late JUNNEMESIO A. SUERTO, who died intestate on August 28, 2017 at Cagayan de Oro City. That at the time of his death left a residential property with Transfer Certificate of Title no. 137-2021002266, A parcel of land situated in IPONAN, CAGAYAN DE ORO CITY, containing an area of NINE HUNDRED (900) square meters, more or less, registered in the name of SPS. JUNNEMESIO ABACIAL SUERTO AND CLAIRE JOY SUPERABLE SUERTO, and has been the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE, filed by the heirs of JUNNEMESIO A. SUERTO. As per Doc No. 128; Page No. 26; Book No. 62; Series of 2022 under the Notarial Registry of ATTY. MARISSE GAY G. LICO-ABALDE.

BWM Dec. 16, 23 & 30, 2022

units were trucks and buses category 4 and 83 units were trucks and buses category 5.

Passenger car sales in November had a modest growth of 8.8 percent year-on-year to 8,931 units from 8,205 units.

“The auto sales performance has been improving, recording double-digit growths for nine successive months. With the continued growing consumer demand for new motor vehicles, the industry is convinced and confident in exceeding its sales forecast of 336,000 this year,” CAMPI president Rommel Gutierrez said in a statement.

Sales of the local vehicle assemblers from January to November this year jumped by 31 percent to 315,337 units from 240,642 units in the same period in 2021.

EXTRAJUDICIAL SETTLEMENT OF ESTATE OF THE LATE GAVILIOSA A. ALERIA with SPECIAL POWER OF ATTORNEY

Notice is hereby given that the deceased GAVILIOSA A. ALERIA who died on May 30, 2022 at Cagayan de Oro City. That said deceased left a certain PERSONALTY to wit: PESO CURRENCIES deposit at Land Bank of the Philippine (LBP) with Saving Account No. 0801-1227-95 in the amount of FOUR HUNDRED EIGHTYTHREE THOUSAND SEVEN HUNDRED THIRTY-TWO & 80/100 (Php 483,732.80)

PESOS at Land Bank Tubod Branch, Tubod, Lanao del Norte. Is the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE OF THE LATE GAVILIOSA A. ALERIA with SPECIAL POWER OF ATTORNEY, executed by and between; LIVEY A. ALERIA; VERGIL A. ALERIA and LEAH A. ALERIA – PINA, Filipinos, both of legal age, singles and married respectively and all residents of Poblacion, Tubod, Lanao del Norte. That the above-named parties are the sole legal heirs, being the legitimate children. That We, LIVEY A. ALERIA and VERGIL A. ALERIA, do hereby name, constitute and appoint our sister, LEAH A. ALERIA – PINA to be our true lawful attorney-in-fact act in, manage and conduct all our affairs and for that purpose in our names and on our behalf to do, execute any or all the following acts, deeds and things, to wit: 1. To withdraw the money deposited under the name of our late mother GAVILIOSA A. ALERIA at Land Bank of the Philippine (LBP), Tubod Branch, Tubod, Lanao del Norte with Saving Account No. 0801-1227-95 with the amount of FOUR HUNDRED EIGHTY-THREE THOUSAND SEVEN HUNDRED THIRTY-TWO & 80/100 (Php 483,732.80) PESOS. 2. To sign all documents relative to the aforementioned transaction; 3. To received the proceeds. As per Doc. No. 374; Page No. 75; Book No. CLXXXIX; Series of 2022; under Notary Public of ATTY. DOROTHEA SALIGAN-BASALO. BWM Dec. 9, 16 & 23, 2022

Of the total sales in the first 11 months of the year, commercial vehicles sold 238,054 units and passenger cars with 77,283 units.

Commercial vehicle segment has also driven the industry sales year-to-date with growth of 45.3 percent while passenger car segment had an uptick of 0.6 percent.

“The automotive industry underscores the importance of pent-up demand from consumers supported by continued economic recovery, boosting business and consumer confidence. These, alongside the containment of the pandemic, are significant factors towards sustained growth,” Gutierrez added.

Leading car manufacturers in the country for the past 11 months were Toyota, Mitsubishi, Ford, Nissan and Suzuki. (PNA)

EXTRA-JUDICIAL SETTLEMENT OF ESTATE BETWEEN HEIRS with SALE

KNOW ALL MEN BY THESE PRESENTS:

That the late, SATURNINA ELLEVERA PALASAN, who died intestate on December 23, 2014 at Taparak, Alubijid, Misamis Oriental. That at the time of her death she left a parcel of land with TRANSFER CERTIFICATE OF TITLE NO. C-8103, located at Lourdes, Alubijid, Misamis Oriental, containing an area of NINE THOUSAND ONE HUNDRED THIRTY (9,130) SQ. M., and has been the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE BETWEEN HEIRS with SALE. That for in consideration of the sum of ONE HUNDRED THOUSAND PESOS (P100,000.00) Philippine Currency, in hand paid by SPOUSES NILDA PALASAN SAGUIN and BENITO DADANG SAGUIN, of legal age, married, Filipino Citizen and a resident of St. Ignatius, Macasandig, Cagayan de Oro City receipt of the said amount is hereby acknowledged by the HEIRSVENDORS , to their full satisfaction, by these presents, the herein HEIRSVENDORS hereby SELL, CEDE, TRANSFER and CONVEY the above described parcel of land covered by TRANSFER CERTIFICATE OF TITLE NO. C-8103 with an area of NINE THOUSAND ONE HUNDRED THIRTY (9,130) square meters, more or ,less located at Lourdes, Alubijid, Misamis Oriental by way of Absolute Sale, unto the said SPOUSES NILDA PALASAN SAGUIN and BENITO DADANG SAGUIN, their heirs, successors and assigns, which parcel of land is free from all liens and encumbrances of whatsoever nature; filed by the heirs of SATURNINA ELLEVERA PALASAN. As per Doc. No. 325; Page No. 65; Book No. 24; Series of 2022 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ. BWM Dec. 9, 16 & 23, 2022

same period of the previous year. In September 2022, its annual increase was slower at 11.5 percent, while in October 2021, it expanded at a faster rate of 13.8 percent,” PSA noted.

Imports shared 58.8 percent of the country’s external trade in October, while exports shared 41.2 percent.

Electronic products remain the country’s top exports, sharing 66.3 percent ($5.1 billion) of the total export revenues.

Revenues of electronics exports led the growth of exported products of the country with 39.6 percent

increase, followed by ignition wiring set and other wiring sets used in vehicles, aircraft, and ships, up by 26.1 percent, and machinery and transport equipment, with an uptick of 1.9 percent.

Top export destinations of Philippine products in October were Hong Kong ($1.28 billion, United States ($1.18 billion), Japan ($999.67 million), China ($959 million), and Singapore ($438.03 million).

Meanwhile, electronic products were also the most imported goods in October, with imports amounting to $2.88 billion. However, electronics imports slipped

by 0.4 percent year-on-year.

Commodity groups with highest growth in imports last October were metalliferous ores and metal scrap, surging by 462.7 percent; transport equipment, up by 46.3 percent; other food and live animals, up by 40.3 percent; mineral fuels, lubricants and related materials, up by 29.7 percent; and miscellaneous manufactured articles, up by 10.2 percent.

Top import sources for the country in October were China ($2.22 billion), Indonesia ($1.27 billion), Japan ($1.01 billion), South Korea ($920 million), and U.S. ($767.87 million). (PNA)

Public-private sector drive against smuggling pushed

SOME P250 billion worth of state revenues is lost due to smuggling, thus, an advocate is calling on the private and the public sectors to have a common stand against the illicit trade.

In a briefing on Tuesday, businessman and FIGHT Illicit Trade (FIGHT IT) Chair Dr. Jesus Arranza said cigarette manufacturing accounts for the biggest share in tax leakage among the eight industries affected by smuggling, with an estimated P24.7 billion annually just for excise taxes.

He said illegal cigarette factories have been raided in Cavite and Pampanga while smuggled cigarettes have been observed to have come through

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE

KNOW

ALL MEN BY THESE PRESENTS:

That the late ANECITO E. CABIOC, SR. , who died on August 21, 2020 at Iligan City, Lanao del Norte; The deceased died intestate, without leaving any Last Will and Testament, and without any outstanding debts; The Deceased left the following property/ies, to wit: A. Savings Account at BDO-Del Pilar Branch, ligan City with Savings Account No. 001800003372 under the name of ANECITO E. CABIOC, SR. or ANECITO C. CABIOC, JR. with the balance FOUR HUNDRED TWO THOUSAND, THIRTY EIGHT and FOURTY EIGHT CENTAVOS (P/402,038.48) plus interest accruing; and B. Savings Account at BPI Iligan Branch Lluch Street cor Manuel Avenue, lligan City with Savings Account No. 9355 9024 44 under the name of ANECITO E. CABIOC, SR. or ANECITO C. CABIOC, JR. with the balance of SIXTY THOUSAND THREE HUNDRED TWENTY AND NINETY TWO CENTAVOS (PHP 60,320.92), and has been the subject of DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE, By virtue of this, We, REYNALDA C. SORENO, REBECCA C. ABORIDO and ANECITO B. CABIOC, JR., hereby acknowledge and/or recognize the said Savings Accounts to be under the name and ownership of our late father ANECITO E. CABIOC, SR. or our brother ANECITO C. CABIOC, JR. , filed by the heirs of ANECITO E. CABIOC, SR., As per Doc No. 2013; Page No. 224; Book No. IV; Series of 2022 under the Notarial Registry of ATTY. KAHLIL GIBRAN D. MARANDA.

Dec. 16, 23 & 30, 2022

Cebu, Palawan, Basilan, TawiTawi, and Zamboanga.

The smuggled cigarettes are reported to have come from Cambodia, Vietnam, China, and Indonesia, he said.

Arranza said a reform has been made that increased the taxes on cigarettes and alcohol products but the government failed to collect properly because of the impact of smuggling, hindering the adequate financing of the Universal Healthcare Program.

“The increased tax made the smuggling of cigarettes an even more lucrative business. It may worsen the country’s problem on smuggling,” he said

The other industries that are affected by smuggling are textile, garment, coconut, sugar, and the manufacturing of tires, steel, and liquified petroleum gas (LPG) gas tank.

Citing a report from the Organization for Economic Cooperation and Development (OECD), Arranza said revenues from illicit trade globally amount to an estimated $870 billion annually.

He noted that if the public and the private sectors remain divided on this issue domestic growth and jobs situation, among others, will continue to be greatly affected.

For one, he said the illicit trade of palm olein is hurting the local coconut oil production which is required to pay the 12 percent value-added tax (VAT).

He said importation of palm olein is VAT-free but only if the product will be used for animal feed production.

He, however, said that erring businessmen sell the imported olein as cooking oil or are used for the production of bio-diesel. (PNA)

Principals need to be smart for students to emulate

By GILJUN T. PENULIAR Principal I

WE have all heard the advice: Never be the smartest person in the room. What does that mean for principals who, at times, can feel like they work on an island?

So, be vulnerable with your staff. If there is an area that they can help you grow in, be honest and find a teacher to work with. I now tell staff that it is a pleasure to learn with and from them instead of saying it is a pleasure to work with them.

Empower others and distribute leadership. Find opportunities to empower teachers. I believe this does multiple things. First, it gives teachers opportunities to be leaders in the school.

Rely on your professional networks. Ensure you have relationships with the other principals in your district. If you have a small district or are the only person in a particular role, find people in neighboring districts. There is also the broader educational community that is incredibly open to helping each other.

I always tell the teachers I supervise and the preservice ones I teach, “Don’t go it alone.” That same message is true for principals. Don’t try to do everything on your own. Who in your district can be a thought partner with you? Who can you reach out to for advice? Who are you partnering with to grow as a leader?

NutriAsia EcoStation Perks Up the Holidays at BGC

The Christmas lights are all lit up at the NutriAsia EcoStation, marking the beginning of the sustainability hub’s holiday celebrations at the Bonifacio Global City (BGC).

NutriAsia President and COO Angie Flaminiano and Chief Marketing Officer Ampy Rio led the Christmas lighting event amidst cheerful Christmas carols sung by NutriAsia employees.

Located at the Bus Stop at 30th street corner 9th avenue at BGC, the NutriAsia EcoStation features Christmas carols and karaoke singing to spread cheers during this holiday season. Open from 2 pm to 9 pm from Fridays to Sundays up to Christmas eve, anyone and everyone is welcome to do the karaoke and sing Christmas carols at the top of their voices at the EcoStation. Those who get a score of 95 and above get to win prizes such as NutriAsia gift boxes and Shopee gift vouchers!

The Bus Stop at 30th street, which fronts the JYCC building where NutriAsia has its headquarters, holds a special place in the story

of the leading condiments manufacturer. In 2015, NutriAsia decided to adopt the Bus Stop at 30th Street from the Fort Bonifacio community “to make waiting fun for commuters”. NutriAsia dressed up the Bus Stop with fun designs and interactive activities all throughout

the year, depending on the occasion or the season. Thus, commuters were in for some cheery surprise come Valentine’s, Independence Day, Halloween, and Christmas, bringing smiles on their faces as they start or end their day.

In May 2021, just as the pandemic was peaking, the

Bus Stop took on a more significant role when NutriAsia launched its EcoStation there. Designed to be the company’s sustainability hub, the NutriAsia EcoStation harnesses solar energy to power an integrated watering system that irrigates surrounding plants and has a dispenser

PERKS/PAGE 7

Republic of the Philippines Regional Trial Court of Misamis Oriental 10th Judicial Region Branch 38 Cagayan de Oro City Rtc1cdo038@judiciary.gov.ph Globe Landline No. 0883167228

IN THE MATTER FOR

SPEC. PROC. NO. R-CDO-22 CANCELLATION OF ENTRY IN 03893-SP THE CIVIL REGISTRY AS TO THE MARRIAGE OF CARLOS TAGAPA YCANO AND DINAH BRAGA DADULA, DINAH DADULA TRINIDAD, Petitioner, -versusCARLOS TAGAPA YCANO, THE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, THE PHILIPPINE STATISTICS AUTHORITY, THE SOLICITOR GENERAL AND THE CITY PROSECUTOR OF CAGAYAN DE ORO CITY, Respondents.

O R D E R

Finding petition for cancellation of entry as to the marriage of petitioner to be sufficient in form and in all substance, the same is hereby given due course and set for initial hearing on February 1, 2023, at 9:00 o’clock in the morning at the Session Hall of this Court on which date, time and place, all persons who may have any opposition to the petition herein sought, may appear to show cause why said petition should not be granted.

Let this Order be published in a newspaper of general circulation in the Province of Misamis Oriental once a week for three (3) consecutive weeks prior to the date of hearing.

Likewise, let this copies of this Order, with Petition attached, be posted by the petitioner on the bulletin boards of the Court, the City Hall of Cagayan de Oro City and the Provincial Capitol of Misamis Oriental for at least ten (10) days prior to the date of hearing.

Furnish copies of this Order and the petition to the Offices of the Solicitor General, City Prosecutor of Cagayan de Oro City, Philippine Statistics Authority, Philippine Statistics Authority-Region 10 and the Local

of Cagayan de Oro City.

SO ORDERED.

November 21, 2022, at Cagayan de Oro City.

Civil Registrar

The NutriAsia EcoStation at the BGC Bus Stop on 30th Street: All lit up for the holidays!

Christmas carols + karaoke + NutriAsia gift box for those who score 95 and above

President & CEO Angie Flaminiano (3rd from left) and Chief Marketing Officer Ampy Rio (2nd from left) lead employees in the NutriAsia EcoStation’s Christmas lighting event

that these Noche Buena products are not basic necessities and prime commodities,” she added.

According to the DTI, there are only 12 considered Noche Buena items based on the national price guide this year, which is composed of 223 stock keeping units (SKUs)different varieties and sizes.

The 12 considered Noche Buena products are ham, fruit cocktail, cheese, keso de bola, mayonnaise, sandwich spread, pasta, elbow macaroni, salad macaroni, spaghetti sauce, tomato sauce and cream.

Masillones did not specify the exact price increase in every product. However, she said out of the 223 SKUs, 193 have increased from one to 10 percent.

“The increase is due to the usual factors and especially, the imported and even the local raw materials that are necessary in the production,” she added.

The provincial director, however, reminded the public that the prices issued by the agency are just reference and not mandatory, as the Noche Buena products are not considered basic necessities and prime commodities.

“And we are also unable to pursue formal charge in case in violation of the guide as they are not part of the basic necessities and prime commodities as enumerated under the Price Act,” stressed Masillones.

If the manufacturers provide a suggested retail price (SRP) on their Noche Buena products, they just have to notify the DTI at least one month before the effectiveness of the price, she added.

The said agency already distributed the price guides to all supermarkets and grocery stores across the province of Misamis Oriental, more so in Cagayan de Oro City which is the business center in the region.

ordinance actually include lessons we have learned from the existing night market,” he added.

Al-ag said the amended ordinance charges vendors the same fee of P10 per square meter for every vendor.

He said the local government also encourages private sectorled night markets to create competition among local vendors.

“There are private night markets that would open and challenge Roxas Night Market. That is good for business because it’s better to have competition that will improve the services and the kind of food that we serve there in the existing night market,” the councilor said.

The Roxas Night Market reopened last March 24 after it was ordered closed at the height of coronavirus disease (COVID-19) infections here.

Around 500 vendors and massage therapists were displaced when the local government closed the night market on March 12, 2020, to avoid transmission of COVID-19.

It reopened on September 12, 2020, but was closed again two months later, on November 20, when COVID-19 cases surged beginning the third quarter of that year.

The Roxas Night Market was a popular destination for street food, ukay-ukay (used clothes) and street massage.

month’s 95 percent, and this is estimated to be the highest since January 2020.

Unemployment rate during the same period declined to a pre-pandemic level of 4.5 percent and the labor force participation rate (LBPR) is at 64.2 percent, up from yearago’s 62.6 percent.

Bird said the continued recovery of the domestic economy has real underlying factors, not just simple pickup in demand as the economy reopens.

He said the manufacturing sector continues to post improvement as shown by the rising production index in recent months.

Bird said growth of remittances from overseas Filipinos remains strong, citing that while the peso depreciated against the US dollar, its peso value grew, which means increased spending capacity for the remittance beneficiaries.

These underlying growth factors are expected to fuel growth not just this year but in two to year years, and allow the domestic economy to move towards its long term growth potential. (PNA)

that gives free water refills to those who bring their own bottles and containers.

While the services of the EcoStation continued even at the height of the pandemic, NutriAsia decided to put on hold the celebrations of the changing seasons at the Bus Stop.

This December, the festive spirit at the EcoStation comes back with a bang, reviving the centuries-old tradition of Christmas caroling via everyone’s favorite, the karaoke. NutriAsia invites everyone to join in the fun of merry singing in the spirit of the holiday season!

EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE

KNOW ALL MEN BY THESE PRESENTS:

EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH PARTITION OF THE LATE SPOUSES VIDAL BONIA ACTUB AND FELISA EBAL ACTUB

KNOW ALL MEN BY THESE PRESENTS: That the late Spouses VIDAL BONIA ACTUB who died on March 22, 1996, at Taboc, Opol, Misamis Oriental, and FELISA EBAL ACTUB who died intestate on May 11, 2007, at Taboc, Opol, Misamis Oriental. At the time of their death, they died without any will but left (2) parcels of land, with TRANSFER CERTIFICATE OF TITLE NO. T-5367 , situated in the Municipality of Opol, Province of Misamis Oriental, Island of Mindanao, containing an area of SIX THOUSAND TWO HUNDRED FIFTY FOUR (6,254) square meters more or less, and ORIGINAL CERTIFICATE OF TITLE NO. P-7408, Lot 7370, Cad237, containing an area of ELEVEN THOUSAND AND FIFTY FOUR (11, 054) SQUARE METERS, and has been the subject of an EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH PARTITION OF THE LATE SPOUSES VIDAL BONIA ACTUB AND FELISA EBAL ACTUB, filed by the heirs of SPOUSES VIDAL BONIA ACTUB AND FELISA EBAL ACTUB. Per Doc. No. 206; Page No. 42; Book No. 32; Series of 2021 under the Notarial Registry of ATTY. ELAINE MAY P. SARCENO-TAN-GAN.

BWM Dec. 2, 9 & 16, 2022

EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE

NOTICE

NOTICE is hereby given that the intestate estate of the late REMEDIOS EDROLIN ABEJUELA , died intestate without leaving any known debt which has remained unpaid or unsettled up to the present, that at the time of her death, left an unregistered property, more particularly described as follows, to wit: A parcel of land, identified as Lot 4423-B, Csd-10-024885 , situated in Canito-an, Cagayan de Oro City, containing an area of 200 square meters, more or less, covered by as per approve Subd. Plan dated March 18, 2020. That by these presents, herein Heirs and Co-Owners, do hereby ExtraJudicially Settle and Partition, as they actually Extrajudicial Settled Partitioned and Segregated among Co-Owners the above-described unregistered parcel of land. That for and in consideration, that the Heirs/Vendors received in full Satisfaction, herein Heirs/Vendors do hereby absolutely and completely Sell, Transfer and Convey, as they actually Sold, Transferred and Conveyed the above-described unregistered parcel of land unto and in favor of Lito P. Medel, a residents of Zone 2, Canitoan, Cagayan de Oro City, is the subject of Extrajudicial Settlement between Heirs with Deed of Absolute Sale, under the Notarial Registry of Atty. Braulio Linejan Rugay Jr., per Doc. No. 49; Page No. 10; Book No. LXXI; Series of 2021.

BWM Dec. 9, 16 & 23, 2022

The councilor said they approved last month the amendment to the existing ordinance on the night market, which seeks to expand the business model to other areas of the city.

Once signed by Mayor Sebastian Duterte, Al-ag said that the amended ordinance would strengthen the Tiangge sa Katawhan Management Team, giving it authority to open additional night markets in other locations, including the central business district and even in far-flung areas, where it is proper.

He said amendments include improvement in the necessary services, particularly security and sanitation.

Al-ag said the Public Safety and Security Command Center is mandated to secure all night markets, the City Environment and Natural Resources Office is tasked to manage the wastes, and the City Health Office is directed to monitor the food preparation to ensure the health safety of the customers.

He said only small vendors are qualified to secure slots in any night market.

“The amendments in the

sharper-than-expected slowdown of advanced economies.

He said upticks of the rate of price increases not only worry monetary authorities but the consumers as well since it negatively impacts on the latter’s purchasing power.

Domestic inflation rate rose to 8 percent last November from 7.7 percent in the previous month.

The latest inflation print is the highest since November 2008, bringing the year-to-date average to 5.6 percent, above the government’s 2 to 4 percent target band.

Inflation rate surpassed the target band since last April given the impact of higher global oil prices as a result of the Russia-Ukraine conflict.

The higher interest rates, which is the result of central banks’ monetary policy decisions to help tame inflation upticks, is also expected to hit private investments, which will hamper strong economic growth.

Amidst these challenges, Bird said the implementation of the various infrastructure projects serve as a catalyst for domestic growth, noting the current government’s bid to continue the increase in infrastructure investments.

He said the higher infrastructure spending “placed the Philippines in a very good position to be able to maintain growth for the next two to three years.”

Bird also cited the continued improvement in the labor sector, which is expected to be sustained until next year.

Philippine Statistics Authority (PSA) data show that the employment rate in the country rose to 95.5 percent last October from the previous

capacity of P40.46 billion, followed by municipalities (P32.78 billion), provinces (P6.05 billion), and barangays (P57.27 million).

In November, the BLGF released 25 certifications to LGUs, with no amendments, covering proposed loans worth P4.885 billion, lower by 31.37% from the P7.118 billion a year earlier.

During the month, 19 certificates were issued to municipalities, five to cities, and one to a barangay.

“Municipalities had the highest total loan requirement of P2.672 million while cities had the highest borrowing capacity of P9.109 billion,” the BLGF said.

Mabalacat City, Pampanga was the leading availer of loans in November with P610 million, followed by Cotabato City with P575 million and Dipolog City, Zamboanga del Norte with P500 million.

SETTLEMENT

EXTRA-JUDICIAL

AMONG HEIRS WITH SALE

KNOW ALL MEN BY THESE PRESENTS:

That the late AQUILINO LADUA UBANAN who died intestate on March 30, 2015 at Taparak, Alubijid, Misamis Oriental and EMILIA YANGWAS UBANAN who died intestate on May 27, 2002 at Taparak, Alubijid, Misamis Oriental, that during their lifetime they are the absolute and registered owner of one (1) parcel of land with ORIGINAL CERTIFICATE OF TITLE NO. P-34606 located at Taparak, Alubijid, Misamis Oriental, containing an area of THIRTY SIX THOUSAND SIX HUNDRED TWENTY SIX (36, 626) SQUARE METERS, more or less, and has been the subject of EXTRAJUDICIAL SETTLEMENT AMONG HEIRS WITH SALE. That the parties hereto with full civil capacity to contract , hereby these presents as HEIRS/ VENDORS agree to sell and alienate the portion of the above described parcel of land with an area of ONE THOUSAND TWO HUNDRED SIXTY (1,260) SQUARE METERS, more or less and they hereby undertake to convey, cede, sell and transfer the ownership thereof to EAGIE KIM NALDO CHONG of legal age, Filipino Citizen, single and a resident of Tuparak, Alubijid, Misamis Oriental, hereinafter referred to as VENDEE in the amount of ONE HUNDRED THOUSAND PESOS (100, 000.00) Philippine Currency, filed by the heirs of AQUILINO LADUA UBANAN and EMILIA YANGWAS UBANAN, Per Doc No. 241; Page No. 49; Book No. 24; Series of 2022 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ. BWM Dec. 9, 16 & 23, 2022

That the late AQUILINO LADUA UBANAN who died intestate on March 30, 2015 at Taparak, Alubijid, Misamis Oriental and EMILIA YANGWAS UBANAN who died intestate on May 27, 2002 at Taparak, Alubijid, Misamis Oriental, that during their lifetime they are the absolute and registered owner of one (1) parcel of land with ORIGINAL CERTIFICATE OF TITLE NO. P-34606 located at Taparak, Alubijid, Misamis Oriental, containing an area of THIRTY SIX THOUSAND SIX HUNDRED TWENTY SIX (36, 626) SQUARE METERS, more or less and has been the subject of an EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE, That the parties hereto with full civil capacity to contract , hereby these presents as HEIRS/VENDORS agree to sell and alienate the portion of the above described parcel of land with an area of EIGHT HUNDRED FORTY (840) SQUARE METERS, more or less and they hereby undertake to convey, cede, sell and transfer the ownership thereof to HYACINTH LYNN CHONG GUINGAO married to ROXAN DAGASDAS GUINGAO, of legal age, Filipino Citizen, single and a resident of Taparak, Alubijid, Misamis Oriental, hereinafter referred to as VENDEE in the amount of ONE HUNDRED TWENTY THOUSAND PESOS (120, 000.00) Philippine Currency, filed by the heirs of AQUILINO LADUA UBANAN and EMILIA YANGWAS UBANAN, Per Doc No. 253; Page No. 51; Book No. 24; Series of 2022 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ. BWM Dec. 9, 16 & 23, 2022

EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE

KNOW ALL MEN BY THESE PRESENTS:

That the late AQUILINO LADUA UBANAN who died intestate on March 30, 2015 at Taparak, Alubijid, Misamis Oriental and EMILIA YANGWAS UBANAN who died intestate on May 27, 2002 at Taparak, Alubijid, Misamis Oriental, that during their lifetime they are the absolute and registered owner of one (1) parcel of land with ORIGINAL CERTIFICATE OF TITLE NO. P-34606 located at Taparak, Alubijid, Misamis Oriental, containing an area of THIRTY SIX THOUSAND SIX HUNDRED TWENTY SIX (36, 626) SQUARE METERS, MORE OR LESS and has been the subject of an EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE. That the parties hereto with full civil capacity to contract , hereby these presents as HEIRS/VENDORS agree to sell and alienate the portion of the above described parcel of land with an area of FOUR HUNDRED TWENTY (420) SQUARE METERS, more or less and they hereby undertake to convey, cede, sell and transfer the ownership thereof to THE PASTOR DELIGHT BAPTIST CHURCH INC. represented by REV. ALEJANDRO TAGALOG DELA CRUZ, of legal age, Filipino Citizen, married and a resident of Zone 8, Poblacion Opol, Misamis Oriental, hereinafter referred to as VENDEE in the amount of EIGHTY THOUSAND PESOS (80, 000.00) Philippine Currency, filed by the heirs of AQUILINO LADUA UBANAN and EMILIA YANGWAS UBANAN, Per Doc No. 256; Page No. 52; Book No. 24; Series of 2022 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ. BWM Dec. 9, 16 & 23, 2022

KNOW ALL MEN BY THESE PRESENTS:

That the late AQUILINO LADUA UBANAN who died intestate on March 30, 2015 at Taparak, Alubijid, Misamis Oriental and EMILIA YANGWAS UBANAN who died intestate on May 27, 2002 at Taparak, Alubijid, Misamis Oriental, that during their lifetime they are the absolute and registered owner of one (1) parcel of land with ORIGINAL CERTIFICATE OF TITLE NO. P-34606 located at Taparak, Alubijid, Misamis Oriental, containing an area of THIRTY SIX THOUSAND SIX HUNDRED TWENTY SIX (36, 626) SQUARE METERS , more or less and has been the subject of an EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE. That the parties hereto with full civil capacity to contract , hereby these presents as HEIRS/VENDORS agree to sell and alienate the portion of the above described parcel of land with an area of FOUR HUNDRED TWENTY (420) SQUARE METERS, more or less and they hereby undertake to convey, cede, sell and transfer the ownership thereof to SEILBERG MAE NALDO CHONG , of legal age, Filipino Citizen, single and a resident of Taparak, Alubijid, Misamis Oriental, hereinafter referred to as VENDEE in the amount of NINETY THREE THOUSAND PESOS (93, 000.00) Philippine Currency, filed by the heirs of AQUILINO LADUA UBANAN and EMILIA YANGWAS UBANAN. As per Doc No. 244; Page No. 49; Book No. 24; Series of 2022 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ. BWM Dec. 9, 16 & 23, 2022

EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE

KNOW ALL MEN BY THESE PRESENTS:

That the late AQUILINO LADUA UBANAN who died intestate on March 30, 2015 at Taparak, Alubijid, Misamis Oriental and EMILIA YANGWAS UBANAN who died intestate on May 27, 2002 at Taparak, Alubijid, Misamis Oriental, that during their lifetime they are the absolute and registered owner of one (1) parcel of land with ORIGINAL CERTIFICATE OF TITLE NO. P-34606 located at Taparak, Alubijid, Misamis Oriental, containing an area of THIRTY SIX THOUSAND SIX HUNDRED TWENTY SIX (36, 626) SQUARE METERS, more or less, and has been the subject of an EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE. That the parties hereto with full civil capacity to contract , hereby these presents as HEIRS/VENDORS agree to sell and alienate the portion of the above described parcel of land with an area of FOUR HUNDRED TWENTY (420) SQUARE METERS, more or less and they hereby undertake to convey, cede, sell and transfer the ownership thereof to FRANKLIN JADOL VILLASTIQUE married to LEONOR NERI VILLASTIQUE, of legal age, Filipino Citizen, single and a resident of Taparak, Alubijid, Misamis Oriental, hereinafter referred to as VENDEE in the amount of SEVENTY THREE THOUSAND PESOS (73, 000.00) Philippine Currency, filed by the heirs of AQUILINO LADUA UBANAN and EMILIA YANGWAS UBANAN. As per Doc No. 250; Page No. 50 Book No. 24; Series of 2022 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ. BWM Dec. 9, 16 & 23, 2022

EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE

KNOW ALL MEN BY THESE PRESENTS:

That the late AQUILINO LADUA UBANAN who died intestate on March 30, 2015 at Taparak, Alubijid, Misamis Oriental and EMILIA YANGWAS UBANAN who died intestate on May 27, 2002 at Taparak, Alubijid, Misamis Oriental, that during their lifetime they are the absolute and registered owner of one (1) parcel of land with ORIGINAL CERTIFICATE OF TITLE NO. P-34606 located at Taparak, Alubijid, Misamis Oriental, containing an area of THIRTY SIX THOUSAND SIX HUNDRED TWENTY SIX (36, 626) SQUARE METERS , more or less and has been the subject of an EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE. That the parties hereto with full civil capacity to contract, hereby these presents as HEIRS/VENDORS agree to sell and alienate the portion of the above described parcel of land with an area of THIRTEEN THOUSAND EIGHT HUNDRED FORTY FOUR (13, 844) SQUARE METERS, more or less and they hereby undertake to convey, cede, sell and transfer the ownership thereof to Spouses JEAN APDIAN EMAR and ROLANDO LAQUIO EMAR of ONE HUNDRED THOUSAND PESOS (100, 000.00) Philippine Currency, filed by the heirs of AQUILINO LADUA UBANAN and EMILIA YANGWAS UBANAN, Per Doc No. 259; Page No. 52; Book No. 24; Series of 2022 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ.

BWM Dec. 9, 16 & 23, 2022

EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE

KNOW ALL MEN BY THESE PRESENTS:

That the late AQUILINO LADUA UBANAN who died intestate on March 30, 2015 at Taparak, Alubijid, Misamis Oriental and EMILIA YANGWAS UBANAN who died intestate on May 27, 2002 at Taparak, Alubijid, Misamis Oriental, that during their lifetime they are the absolute and registered owner of one (1) parcel of land with ORIGINAL CERTIFICATE OF TITLE NO. P-34606 located at Taparak, Alubijid, Misamis Oriental, containing an area of THIRTY SIX THOUSAND SIX HUNDRED TWENTY SIX (36, 626) SQUARE METERS, more or less and has been the subject of an EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE, That the parties hereto with full civil capacity to contract , hereby these presents as HEIRS/VENDORS agree to sell and alienate the portion of the above described parcel of land with an area of FOUR HUNDRED TWENTY (420) SQUARE METERS, more or less and they hereby undertake to convey, cede, sell and transfer the ownership thereof to ALEXANDER SALIRING PEREZ married to Sicilia Mary Ubagan Perez, of legal age, Filipino Citizen, single and a resident of Cayagan, Taparak, Alubijid, Misamis Oriental, hereinafter referred to as VENDEE in the amount of SIXTY THOUSAND PESOS (60, 000.00) Philippine Currency, filed by the heirs of AQUILINO LADUA UBANAN and EMILIA YANGWAS UBANAN. As per Doc No. 247; Page No. 50; Book No. 24; Series of 2022 under the Notarial Registry of ATTY. ALMIRA B. VALDEZ.

Dec. 9, 16 & 23, 2022

MINDANAO

CREDIBLE RELIABLE IN-DEPTH

Johndorf ventures corp named top developer

Receives awards from DHSUD and Pag-IBIG Fund Johndorf Ventures Corporation (JVC) was recently recognized by the Home Development Mutual Fund (HDMF/ Pag-IBIG Fund) and the Department of Human Settlements and Urban Development (DHSUD) for its leadership in the industry.

HDMF named JVC among the Top Ten Developers in the territorial categories of Visayas and Mindanao in terms of number of projects completed. JVC placed Seventh in Cebu and Second in Mindanao. The award was given to JVC Managing Director Abigail Lim in ceremonies honoring topperforming partners in Pag-IBIG’s Stakeholders’ Accomplishment Report

(StAR) for Q1 to Q3 of 2022.

DHSUD- 10, represented by Regional Director Ariel Abragan, on the other hand, handed over to the company on December 5, 2022 the Outstanding Real Estate Developer Award for a “well-maintained and regulated subdivision project in the Socialized Housing Category under Batas Pambansa (B.P.) No. 220.”

LEFT: Johndorf Ventures Corporation Managing Director Abigail Lim (second from left) and Documentation Manager for Northern Mindanao Colleen Nocete (third from left) receive the StAR Award from HDMF Senior Vice- President for Business Development Fermin Sta. Teresa, Jr. (center) and Acting Deputy Chief Executive Officer Benjamin Felix, Jr.

RIGHT: DHSUD-10 Regional Director Dr. Ariel Abragan (right) presents the award to JVC Managing Director Abigail Lim (second from right) and JVC Project Development Manager Sanimar Lepornio (second from left), flanked by Asst. Regional Director Coreine Imee Valledor-Sarraga (left).