BusinessWeek Mindanao (December 9-10, 2022)

‘Canvassing’ of prices

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.

Overpricing probe

THE Energy Regulatory Commission (ERC) is investigating private distribution utilities (DUs) and electric cooperatives (ECs) that have been the subject of complaints for allegedly overpricing pass-on costs to consumers, primarily on generation charges.

The commission said they are prioritizing the probe based on 63 letter complaints filed or received through the Department of Energy (DOE) and Office of the President (OP).

According to the regulatory body, it has been looking into the “accuracy and reasonableness of the generation rates being passed on by distribution utilities to its consumers.”

Illegal trading

ZAMBOANGA City – The Securities and Exchange Commission (SEC) said that the Department of Justice (DOJ) has filed criminal charges against Silverlion Livestock Trading Corporation and its officers for its unauthorized solicitation of investments from local residents. In a resolution dated Dec. 2, state prosecutors found probable cause to charge Silverlion Livestock Trading Corporation, its chief executive officer Ryan Cagod Ladoing, incorporator Renan Lara Ladoing its officers and agents identified as Rosemarie Alvarez Guzman, Neña Ewayan Algoy, John Paul Dellara Lopez and Michael Villalobos Berja, for violations of several provisions under Republic Act No. 8799, or the Securities Regulation Code (SRC).

YOUR MINDANAO-WIDE BUSINESS PAPER

Private sector urged to invest more in RE

By MARIVIC OMANDAM DAVIS MindaNews

“Because of the situation happening outside of the country, we have been affected by higher prices of fuel and consequently higher price of electricity,” said Raymond Peter Esperat, development management officer at MinDA during the first regional press forum on Mindanao power and energy development held here Monday.

He was apparently referring to the war between Russia and Ukraine that sent oil prices through the

roof.

“That’s why we in MinDA are pushing for investments by the private sector in renewable energy to mitigate the effects of the high prices of oil here in our country,” Esperat said.

Rolando Lina-ac, the vice president for operations of Iligan Light and Power, Inc., suggested that the city strengthen the preferential allocation from the Power Sector Assets and Liabilities Management (PSALM).

NTC: Register SIM cards to prevent deactivation

THE National Telecommunications Commission in Northern Mindanao (NTC-10) on Wednesday urged the public to register their Subscriber Identity Module (SIM) cards to prevent deactivation upon effectivity of the new law. NTC-10 Director Teodoro Buenavista Jr. said users have a six-month grace

period to register the cards they use on their mobile devices as prescribed under the Republic Act 11934 or the SIM Registration Act that is expected to take effect on Dec. 27. "As one of the agencies tasked to implement its rules and guidelines, the registration will be done online. There was a mall here that has shown

P16B US-backed solar power plant to rise in GenSan

By ALLEN V. ESTABILLO MindaNews

GENERAL Santos City – A foreign-backed homegrown company is targeting to start in January the development of a 150-megawatt (MW) agrovoltaics solar power plant, touted as a “pioneering” renewable energy project in the country.

Yan Amante, president and chief executive officer of Embrace Nature Power 1 Corporation (ENPC-1), said preparations are underway for the construction of a solar farm and power plant in a 120-hectare property spanning portions of Barangays Conel and Mabuhay here.

She said they are investing around $285 million or roughly P16 billion into the project, which is set to break ground in the third week of January.

“We will be employing 1,500

workers for the construction phase, which will be completed in 12 months,” Amante said in her presentation to the city council on Tuesday.

ENPC-1, which is based in Purok Guadalupe in Barangay Conel, is 60-percent owned by a local company and the 40-percent equity by an undisclosed United Statesbased funder, she said.

The project area covers a total of 61 hectares in Barangay Conel and 59 hectares in Barangay Mabuhay that are part of a Forest Land Grazing Management Agreement held by the family of Grace Leyson Beronio.

The company has partnered with a Croatian energy firm for the adoption of the agrovoltaics technology for the project, which she said will be among the first of its kind in the country.

Amante said agrovoltaics is primarily a combination of energy and agricultural activity, with the solar panels installed at least two to three meters above the ground and with the land below utilized for growing various crops.

For the Conel-Mabuhay project, she said they are initially planning to plant upland rice and ginger and later on develop a green tea plantation on the ground hosting the over 200,000 solar panels.

“The project adopts a symbiotic design unlike the traditional solar farms wherein the ground remains unused and barren,” Amante said.

It will help mitigate the impact of climate change as well as prevent flashfloods and landslides or erosion, she said.

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.

Alsons Dev is the real estate

ILIGAN City – An official of the Mindanao Development Agency (MinDA) called on the private sector to invest more in renewable energy so the Philippines would not be affected by events outside the country.

NO GADGET. Sama kids play to their heart’s content at the Badjao Village in Bongao, Tawi-Tawi. MindaNews photo by BONG S. SARMIENTO

SEA SHELS. A vendor sells sea shells for P50 a plate in Cotabato City. MindaNews photo by FROILAN GALLARDO

P3-M smuggled cigarettes seized in Zambo City

ZAMBOANGA City – Zamboanga City Police Office (ZCPO) operatives seized some P3 million worth of smuggled cigarettes in an operation near a shipyard here, an official said Wednesday. Col. Alexander Lorenzo, ZCPO director, said no one was arrested as the supposed owner and workers hauling the contraband fled upon sensing the arrival of police officers. Lorenzo said at least 88 master cases of assorted brands of smuggled cigarettes were seized by the ZCPO’s Station 9 operatives around

11:50 p.m. Tuesday on Varadero Street in Barangay Cawit. He said the ZCPO Station 9 received information that a shipment of smuggled cigarettes was set to arrive in the village. He said the illicit goods will be turned over to the Bureau of Customs (BOC). Meanwhile, the BOC is set to destroy in full public view next week the millions of pesos worth of smuggled cigarettes seized during the last quarter of this year. The smuggled cigarettes were stockpiled at a BOC-rented warehouse in the city. (PNA)

CDO PDLs can have better future with ICT skills: BJMP

THE Bureau of Jail Management and Penology in Northern Mindanao (BJMP-10) believes Persons Deprived of Liberty (PDLs) can still have a better future if they equip themselves with Information Communication Technology (ICT) skills. In a statement Tuesday, Jail Supt.

William T. Manengyao, the warden of BJMP-10's male dormitory here, said partnering with the Department of Information and Communications Technology (DICT) has "transformed" PDLs into productive citizens attained through training. "When they come out of this facility, they are already equipped with skills and knowledge,

and this will help prevent them from returning to the old (criminal) habits," he said. DICT has provided a three-month ICT skills training to 20 PDLs who have finished the graphic designing course through the DigitalJobsPH - Graphic Design with Canva software. Part of the training included teaming up the PDLs with a group of

micro, small, and medium enterprises endorsed by the Department of Trade and Industry that need social media collaterals and infographics for their products and services. The graphic design training is part of DICT-10 ICT Capacity Building and Employment Program dubbed "Lamdag" - a digital transformation advocacy strategy for the marginalized sectors. Lamdag is designed to provide relevant ICT skills that can lead to employment. (PNA)

EXTRA JUDICIAL

“SELF LEADERSHIP”

By: Glendamie P. Trasona

Teacher is known to be a model of good character since ancient times and currently, we still see many teachers exemplifying good values and character but sad to say there were also teachers who did not exercise what they preach, do you know why? because they eventually lack the so-called “SELF LEADERSHIP.” SelfLeadership is a reflection of how you value your work with client, colleagues, and the leadership of organization. It is a practice of understanding that you are, identifying your desired experiences and intentionally guiding yourself toward them. Through self-leadership it makes you more efficient and productive. For you to practice self-leadership it requires frequent self-monitoring and committing to deliberate practice to attain the goal. Self-Leadership in other word it is called “Personal Mastery” it is the answer to how we develop ourselves to survive and thrive in a volatile, uncertain, complex and ambiguous world.

As a teacher, it is very important to practice selfleadership. It is not just about teaching the content, being well-verse of the content and pedagogy but outside the classroom your students and the people around you couldn’t see that you value yourself as a teacher. Is it moral when you are in the establishment eating fried chicken then a crew suddenly spills the food to your dress yet you as teacher yell and say bad words towards her? Does this kind of attitude signifies your profession as a teacher, does acting moral inside the class yet at night a teacher went to the bar wearing seductive dress, drinking and having cigarettes shows value as a good teacher? Definitely not! Teacher needs to be true to nurture the young generation to be descent and conduct self-etiquette or selfleadership inside or outside the class because this is the only way we can inculcate good moral that merit to the kind of generation we build in the future.

SETTLEMENT

OF ESTATE OF THE LATE SPS. ALBERT A FEERNANDEZ and GLORIA Y. FERNANDEZ

KNOW ALL MEN BY THESE PRESENTS: That the late SPS. ALBERT A. FERNANDEZ AND GLORIA YBANEZ FERNANDEZ who respectively died on March 6, 2010 and August 10, 2022 at Cagayan de Oro City; That the said GLORIA YBANEZ FERNANDEZ , at the time of her death, is a holder of an active savings account with the PBCOM, Bank Cagayan de Oro City Branch; That at the time of her death, left a estate of Bank Account under PBCOM Bank, Cagayan de Oro City with, more particularly described as are follows, to wit; 1. PBCOM BANK CAGAYAN DE ORO CITY -BRANCH with (a.) Peso Savings Account No. 0292201004404 and, (b) Peso Savings Account No. 0292200023960, and has been the subject of an EXTRA JUDICIAL SETTLEMENT OF ESTATE OF THE LATE SPS. ALBERT A FEERNANDEZ and GLORIA Y. FERNANDEZ, filed by the heirs of SPS. ALBERT A. FERNANDEZ AND GLORIA YBANEZ FERNANDEZ, per Doc#: 143; PAGE#: 29; BOOK# XXII; Series of 2022 under the Notarial Registry of ATTY. ARBIE S. LLESIS.

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.

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Diokno eyes sovereign wealth fund institution by mid-'23

FINANCE Secretary

Benjamin Diokno is looking at the approval of the proposed sovereign wealth fund (SWF) by mid-2023, and cited long term gains that will benefit the economy.

In an interview by journalists after the economic managers’ meeting on Monday, Diokno discounted the approval of the proposed legislation by the end of 2022.

“Not (by the) end of the year kasi tight na ang schedule. Maybe (by the) middle of next year, before the budget is submitted. (It) will take a while kasi

o-organize pa yan (Not by the end of the year because the schedule is already tight. Maybe by the middle of next year, before the budget is submitted. It will take a while because it needs to be organized),” he said.

Last week, the House Committee on Banks and Financial Intermediaries approved and adopted the amendments of the technical working group for the proposed Maharlika Investment Fund, authored by House Speaker Martin Romualdez.

Under the proposed

measure, the SWF will be financed through pooled funds from state-owned financial institutions and state pension funds.

Specifically, the Government Service Insurance System will contribute the highest share at P125 billion, followed by the Social Security System and the Land Bank of the Philippines at P50 billion each, and the Development Bank of the Philippines and the Bureau of the Treasury at P25 billion each.

Safety of the SWF’s capital is set to be ensured through

a three-tiered auditing to be done by an internal auditor, an external auditor and the Commission on Audit.

A four-layer good corporate governance also will be in place through the Board of Directors, the advisory body, the risk management units and the congressional oversight committee.

Diokno said a SWF has long been needed in the Philippines given the large number of proposed infrastructure projects and the availability of funds such as the government’s share in

PH economic managers cut 2023 growth assumption

ECONOMIC managers on Monday slashed the government’s 2023 growth assumption from 6.5-8 percent to 6-7 percent after considering the impact of external developments on the domestic economy.

At a briefing, Budget and Management Secretary and chair of the interagency Development Budget Coordination Committee (DBCC) Amenah Pangandaman said they expect domestic output to decelerate next year from its robust performance this year due to several factors such as the

EXTRAJUDICIAL SETTLEMENT OF ESTATE OF THE LATE ANITA G. FORTEZA KNOW ALL MEN BY THESE PRESENTS:

That the late, ANITA G. FORTEZA, who died on December 5, 2012 in Zone 8, Patag, Cagayan de Oro City, at the time of her death left a savings account to Land Bank of the Philippines with Savings Account No. 0156-1756-84, with CASH DEPOSIT OF ANITA G. FORTEZA, CASH DEPOSIT. “A cash deposit of One Hundred Fifty Seven Thousand Two Hundred Eighteen and 100/25 (157,218.25) Pesos more or less from the LBP ATM Card No. 0150-9450-54, and has been the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE OF THE LATE ANITA G. FORTEZA, filed by the heirs of ANITA G. FORTEZA, per DOC#488; PAGE#:98; BOOK#:20; Series of 2022, under the Notarial Registry of ATTY. ISIDRO Q. LICO.

BWM Nov. 25, Dec. 2, & 9 2022

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

slowdown in major advanced economies.

The DBCC, on the other hand, kept the 6.5-7.5 percent growth assumption for this year, after noting that growth, as measured by gross domestic product (GDP), in the first three quarters of the year surpassed the full-year target after expanding by 7.7 percent.

“Growth is expected to pick up in 2024 to 2028 at 6.5 to 8.0 percent, as we push for government strategies and interventions of the Philippine Development Plan 2023-2028. These include modernizing agriculture and agri-business,

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.

BWM Dec. 9, 16 & 23, 2022

revitalizing the industry sector, and reinvigorating the services sector, among others," Pangandaman said.

The growth assumption for 2024-2028 was not adjusted.

National Economic and Development Authority (NEDA) Undersecretary Rose Edillion, meanwhile, said tourism is expected to regain its momentum and contribute to the economy’s recovery.

She said while the inflow of foreign tourists has not yet fully recovered, this is cushioned by the continued increase of domestic tourists, bolstered by the easing of travel requirements vis-à-vis the pandemic-related policies.

Meanwhile, economic managers changed the 2022 inflation assumptions from 4.5-5.5 percent to 5.8 percent, the Dubai crude oil assumption

EXTRAJUDICIAL SETTLEMENT OF ESTATE OF DECEASED PERSON WITH SALE KNOW ALL MEN BY THESE PRESENTS: That the late, ALBERTO B. VISTAL, JR., who died on August 28, 2019 at Cagayan de Oro City, died intestate, leaving a Motorela with Make: Kawasaki; Series: BC175F; Type of Body: MC; Model: __; Color: __; CR#: 227811813; Chassis #: BC175F-B53690; Motor No. : BC175AEL19889; Plate No.: KA766685; MV File No.: __; OR#: 1348066241, and has been the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE OF DECEASED PERSON WITH SALE, That we, the herein-above named HEIRS/VENDORS, for and in consideration of the sum of FIFTY THOUSAND (50,000.00) PESOS, Phil. Currency, to us in hand counted and paid by the above named HEIR/ VENDEE, and receipt of which are hereby acknowledged by us to our entire satisfaction, do hereby sell, cede, transfer and conveyed as by these presents have SOLD, CEDED, TRANSFERRED and CONVEYED unto said HEIR/VENDEE, his heirs, assigns, executors or administrators, the hereinabove described motorela free from lien and/or encumbrance, whatsoever. That the provisions of the New Civil Code of the Philippines particularly 1621 up to 1623, had already been complied with, filed by the heirs of ALBERTO B. VISTAL, JR .,per DOC#335; PAGE#: 67; BOOK# 27; Series of 2020, under the Notarial Registry of ATTY. ROWELL B. VALLEDOR.

BWM Nov. 25, Dec. 2 & 9, 2022

from $90-100 per barrel to $98-100 per barrel, the foreign exchange assumption from P51-53 to 54-55 to a US dollar, the exports of goods from a growth of 7 percent to 4 percent and the imports of goods from 18 percent to 20 percent.

Economic managers also hiked the 2022 revenue projection to P3.5 trillion from P3.3 trillion during the DBCC meeting last July after the better-than-expected collections in the first 10 months this year.

“This is attributed to the improved tax collection and digitalization efforts of the government,” Pangandaman said.

Bureau of the Treasury data show that total revenues last October rose by 14.14 percent year-on-year to P288.9 billion and the end-October 2022 figure is up by 18.31 percent on an annual basis to P2.945 trillion. (PNA)

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.

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the Malampaya Fund.

He said royalties to be gained by the government from mining projects can also be used for the SWF.

He said the share of each proponent is subject to change, depending on the decision of their respective Boards, but cited that the national government can increase its share to 50 billion or even P100 billion as state revenues continue to improve.

He said they may also eventually allow foreign investors to contribute to the SWF.

He also discounted the need to provide sovereign guarantee to funds placed in the SWF, noting that the money placed in the welfare fund are investments which will have gains in the long term.

The proposed welfare fund has received criticisms, with some questioning why it has to be chaired by the President of the Republic.

Diokno, however, said there will be no politics involved in running the welfare fund and that best practices will be implemented. (PNA)

BPI taps TerraPay to boost remittances

BANK of the Philippine Islands (BPI) has teamed up with financial technology company (fintech) TerraPay for remittances, the bank said on Tuesday.

Under the partnership, overseas Filipinos can send money to BPI accounts of their relatives back home through TerraPay’s agents and channels.

“The partnership forms part of BPI’s mission to continuously develop solutions for the everchanging banking needs of Filipinos and deliver an enhanced digital banking experience,” the bank said in a statement.

“With TerraPay’s reputation in building an expansive and inclusive international financial ecosystem, BPI expects the new partnership to further drive inward remittances,” it added.

TerraPay is a mobile-first global payments platform and has a network of 205 send

countries and 103 receive countries globally.

It is regulated and registered in 25 markets and has teamed up with banks, mobile wallets, money transfer operators, merchants, and financial institutions to facilitate cross-border digital transactions.

“We are delighted to collaborate with TerraPay to enable acceptance of realtime payments across our well-entrenched network in Southeast Asia,” BPI Head of Corporate Banking Strategy, Products, and Support Reginaldo Anthony B. Cariaso said.

“Our priority is to ensure the convenience of Filipinos in sending remittances wherever they are in the world. As we boost our digitalization efforts, we are keen to facilitate easy and quick adoption of remittances across the region in service of consumers seeking secure contactless payments

Maximize Yourself and Opportunities (Part 1)

Think a minute… “The reason many people don’t climb the ladder of success is they are waiting for the elevator.” But we cannot “wait” our way to the top, we must “work” our way up. We just need to be sure which steps will get us there, so we don’t waste our life climbing the wrong ladder! Today and tomorrow we will look at some right steps to success.

The first step is learning from experience. As one successful person says: “I prefer to profit from the mistakes others have already made and paid for!” People who do not learn from experience waste much of their life going around in circles making the same mistakes again and again.

A second step to success is both “seeing” and “seizing” good opportunities. Successful people don’t just talk about what they plan to do, they get on with doing it. They recognize a good opportunity and grab it before it is too late. They know timing is everything, so they are not afraid to take risks since they are more afraid of losing a good opportunity. The first step is usually the hardest, but it gets easier once you get

moving toward your goal.

The person who is waiting for someone to give him a good tip on an opportunity will probably wait a long time!

“The important thing is not to wait until opportunity knocks—it’s to know the sound of opportunity when it is just a tap.” Good opportunities are like diamonds in the rough: most people walk right by them because they are not already polished and cut to size.

A third step to success is to recognize when and where there is not much opportunity for future improvement and promotion. Some people cannot read the warning signs telling them they are wasting their time in a deadend job where the road to their success is closed. Someone

A unique Philippine Christmas tradition opinion

Traditional milestones mark the observance of the longest Christmas holiday season in the Philippines. The first usually occurs on the first day of September when we start to hear the familiar songs of Jose Mari Chan. The second occurs during the first week of November when public buildings and commercial houses start lighting up giant Christmas trees on their front yards or lobbies and multi-colored decors on their facades. When I was a young boy, my parents usually brought me and my three siblings around Manila and we certainly enjoyed watching the different displays and eat ice cream afterwards.

Last November 3, the Makati Central Business District welcomed the holiday season with the annual lighting ceremony on Ayala Avenue, a beloved tradition that goes as far back as the 1960s.

This year's Christmas display, designed by event stylist Zenas Pineda, celebrates local heritage. Parols, stars, and capiz ornaments that often adorn Filipino homes now light the entire stretch of Ayala Avenue. Ayala Land, Inc. (ALI) also installed a giant parol at Ayala Triangle Gardens so the public can safely take photos with the decor.

"This year is even more meaningful and special as

we invite the community to experience Christmas live here in Makati," said ALl President and CEO Bernard Vincent Dy. "There are more Christmas events lined up in the weeks to come, in keeping with the Filipino Christmas traditions we all love and miss. So we hope that everyone will have a joyous Christmas season."

The well-loved "Festival of Lights" began at Ayala Triangle Gardens last November 10.

The ceremonial lighting of Ayala Avenue last November 3 was led by Ayala Chairman Emeritus Jaime Zobel de Ayala and Mrs. Beatriz Zobel de Ayala, Beatriz Susana Zobel de Ayala, Patricia Zobel de Ayala, Mariana Zobel de Ayala, Jaime and Alexandra Urquijo, Alex Floro, ALI President and CEO Bobby Dy and Ayala Land Estates Group Head Robert Lao; Makati Mayor Abby Binay, Vice Mayor Monique Lagdameo, Makati Rep. Luis Campos, Jr., Barangay Bel-Air Chairwoman Nene Lichauco; and MACEA Chairman and President Arch. William Coscolluela.

U-Go: Empowering

organization U-Go provides financial support to women in lower-income countries to pursue university education.

Already making an impact in Bangladesh, Cambodia, India, Pakistan, Indonesia, and Vietnam, U-Go recently brought its mission to the Philippines by partnering with Ayala Foundation as its initial launch partner.

BPI Senior Vice President Mariana Zobel de Ayala joined U-Go’s global Board of Directors.

World's Children's Prize Laureate John Wood founded U-Go following the success of his organization Room to Read, which focuses on literacy in primary school and girls' education in secondary school.

U-Go partners with local organizations to "unleash the young women's potential [to become] teachers, nurses, doctors, engineers, and entrepreneurs." Aside from financial scholarship, U-Go provides mentorship, career development, and life skills training.

Women

Through Higher Education

Empower a girl. Empower the family. Empower the community. With this mindset, the nonprofit

With AFI as its partner in the Philippines, U-Go aims to soon welcome a first batch of 75 to 100 Filipina scholars to the program, with a medium-term goal of assisting at least 1,000 U-Go scholars.

"When I connected with John about his vision on U-Go, I felt strongly about its

IGNACIO BUNYE

ability to serve as a sustainable solution to ensuring equality of opportunity of women in emerging markets," said Mariana Zobel de Ayala. "Further, I believe that educating young women and ensuring this equality of opportunity will lift families, communities, and, more broadly, the economy."

"The issue of education equality for women is as much about empowering women as it is about building the most capable economy possible in the Philippines, to ensure our collective progress as a nation. The opportunity to contribute to this possibility, through U-Go Philippines, is exciting."

Noted Wood: "it's thrilling for our young organization to welcome a talented and passionate leader like Mariana onto our Board. We look forward to working with her to launch our programs in the Philippines during the next few months, and to scaling them from there."

Xi’s unity and cooperation wins ‘Asian Moment’

The last of three major global conferences this November 2022 affecting the peace, progress and prosperity of mankind, the Asia-Pacific Economic Community (APEC) meeting in Cambodia just ended on Nov. 19. This followed the conclusion of the G20 Summit in Bali, Indonesia on Nov. 16 and the Association of Southeast Asian Nations (ASEAN) Summit on Nov. 13. The period became known as the “Asian Moment” focusing the world’s attention on this region and its vitality in guiding the affairs of the globe.

Curtains opened on the “Asian Moment” after several decades of the spectacular peaceful rise of China followed by the consequential rise of ASEAN and the tandem’s successful navigation of the rough waters of the South China Sea stirred up by forces external to the region and the efforts of the same external forces to suppress the fantastic economic progress of Asia with China at the lead through sanctions and trade wars. This success has presented the rest of the global community with a new model of international, regional and unique economic relations to associate with.

This desire to associate or relate with this model has brought not only attention from the rest of the world but also the desire to participate in the same process that the international community has begun to seek membership in and engage with for their own national future, the establishment of

stable and stable international relations and predictable economic progress in sharing prosperity. Consider some of the most highlighted events in the three summits that constitute the November 2022 “Asian Moment” which the international media gave special attention to.

One striking coverage of the international media during the Asian Moment was on the first day of the G20 Summit meeting in Bali, Indonesia on Nov. 15 where China’s President Xi Jinping met individually with eight world leaders in that one day alone. That is, French President Emmanuel Macron, Prime Minister of the Netherlands Mark Rutte, South African President Cyril Ramaphosa, Australian Prime Minister Anthony Albanese, Senegal’s President Macky Sall, S. Korean President Yoon Suk-yeol, Spanish President Pedro Sanchez and Argentina’s President Alberto Fernandez.

Consultations with Chinese President Xi Jinping was one of the most sought after by world leaders, a measure of the importance of China’s views on global events and developments, highlighting the significance of engagement with China and a rising Asia with its impact on world affairs. The reason for this is the success of China’s proposals to the world: the call for global unity via a multipolar world, win-win diplomacy and economic cooperation through such endeavors as the Belt and Road Initiative, and cooperation to build a -

”Community of Shared Future for Mankind”.

The second highlight of the “Asian Moment” was the Xi-Biden meeting that stretched to three hours and resented the two contrasting world views represented by the two major world leaders.

President Joe Biden of the United States, in all goodwill and sincerity, proposes “managed coopetition” as the ideal and proper mode of engagement of the two powers.

President Xi takes the views, however, that cooperation should be the paramount mode of international relations, even between the two major economic and geopolitical powers on Earth.

“China-US relations should not be a zero-sum game where one side out-competes or thrives at the expense of the other”, the Chinese media quotes President Xi Jining telling Biden, and continues, “The successes of China and the US are opportunities, not challenges, for each other. The world is big enough for the two countries to develop themselves and prosper together... ChinaUS interactions should be defined by dialogue and win-win cooperation, not confrontation and zero-sum competition.” I think the world liked the sound of President Xi words more than the others, hence the attraction to it.

The Xi-Biden summit sent a consoling signal to the world that even though the US spirit of incessant competitiveness exists and pushes perpetual tensions,

PHIL-CHINA WATCH

China is steady in trying to calm the overly aggressive impulse of Western civilization with its millennial patience and tolerance, the mark of all and particularly of the oldest Asian philosophies, in general, seeking harmony and compromise, and showing this in its transcendent diplomacy and foreign policy while firmly holding on to the principles of national sovereignty, peaceful coexistence and noninterference in internal affairs of nations.

The dilemma of countries and of the real and whole (not just the Western) International Community” is what the Russian journalist has learned to describe the US with, as a country that is “agreement incapable”. Not even the Americans themselves can predict what US policy can change to be after elections every four years and even announced policies like the “policy of ambiguity” over Taiwan actually means what he American Indian used to call “forked tongue” – a deliberate

Herman Tiu Laurel

JOEL ESCOL Feature Editor

DANTE M. SUDARIA President/CEO

BUSINESSWEEK MINDANAO CORPORATION Publisher

ALLAN MARIO MEDIANTE Vice President for Corporate Affairs

JOE FELICILDA Vice President for Administration

RUFINO T. MAGBANUA Vice President for Business Development NECART HALASAN Vice President for Operations

ROSE MARY D. SUDARIA, P h D Vice President for Finance

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DANNYCAROSE SUDARIA-HALASAN Marketing Manager

Manufacturing output rises in October 2022

THE Philippine manufacturing sector logged faster growth rates in volume and value indices in October 2022, the Philippine Statistics Authority’s (PSA) Monthly Integrated Survey of Selected Industries (MISSI) reported Wednesday.

Volume of production index (VoPi) in October this year grew 5.1 percent from a year ago, faster than the 4.1 percent in the previous month.

Factory output improved as 14 out of 22 sub-industries recorded increments in October led by manufacture of machinery and equipment, except electrical, whose volume of production jumped

by 81.8 percent.

Other industry divisions that logged double-digit growth in output include beverages at 61.7 percent; chemical and chemical products at 39.5 percent; fabricated metal products, except machinery and equipment at 35.7 percent; wood, bamboo, cane, rattan articles and related products at 27 percent; transport equipment at 21.3 percent; other manufacturing and repair and installation of machinery equipment at 17.2 percent; and paper and paper products at 10.2 percent.

Industries that decreased their output in October include electrical equipment, basic

metals, furniture, printing and reproduction of recorded media, wearing apparel, food products, other non-metallic mineral products and tobacco products.

On the other hand, the value of production index (VaPi) had an uptick of 12.7 percent in October from 12 percent in September this year.

“Contributory to the increase of VaPI were the annual growths exhibited by 17 out of the 22 industry divisions. Among these, manufacture of machinery and equipment except electrical posted the highest annual growth rate of 76.4 percent in October 2022,” the PSA

said.

Meanwhile, the average capacity utilization rate of Philippine factories in October 2022 rose to 72.4 percent from 71.5 percent in September.

“There were 20 out of 22 industry divisions with more than 60 percent average capacity utilization rate,” PSA added.

Industry divisions with highest average capacity utilization for October were manufacture of computer, electronic and optical products (80.3 percent); manufacture of machinery and equipment except electrical (80.1 percent); and manufacture of wearing apparel (79.3 percent). (PNA)

Cebu Air says leadership change to support future growth plans

CEBU AIR, Inc. (CEB) said recent leadership changes in the company form part of its succession planning as it seeks continued growth and to become more “globally competitive”.

“It’s really about succession planning and really preparing us for the next phase of growth of the airline,” CEB VicePresident for Marketing and Customer Experience Candice Jennifer A. Iyog said at a media briefing on Tuesday.

“With the amendment of the Public Service Act last March 2022, which is really intended to make

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.

Philippine businesses globally competitive, this is now going to enable us to actually hire or have a chief executive officer (CEO) who has experience and expertise who can help us with the next phase of our growth regardless of nationality,” Ms. Iyog added. “But having said that, it’s also good to know or be reminded that 96% of our employees are Filipino.”

The amended Public Service Act was signed in March to allow up to 100% foreign ownership of public services in the country.

On Monday, CEB said in a disclosure to the local

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

bourse that it has appointed its president and CEO Lance Y. Gokongwei as chairman, which will give him the responsibility to preside over all meetings of the stockholders and the board.

Meanwhile, it elected its current chief executive adviser, Michael Szucs, as CEO, while its incumbent chief commercial officer, Alexander G. Lao, will also be the president of the company in addition to his existing position.

The appointments, as approved by the company’s board of directors, will be effective by Jan. 1.

Meanwhile, the company

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. BWM Dec. 9, 16 & 23, 2022

said it will be adding 11 brand new Airbus NEO aircraft to its fleet in 2023 to support its growing capacity and travel demand.

The 11 additional planes are: three A320neo, four A321neo, and four A330 neo.

“All aircraft deliveries will use blended Sustainable Aviation Fuel (SAF) as part of the airline’s sustainability efforts,” the company said in a press release.

The carrier aims to transition to an all-NEO fleet by 2028 and incorporate the use of SAF for its entire commercial network by 2030.

The company said it has now restored 92% of its systemwide capacity and expects to fully recover by next year.

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

Vista Land to ramp up housing projects next year

HOMEBUILDER and integrated property developer Vista Land & Lifescapes Inc. will ramp up the launch of residential projects in 2023 to help curb the rising housing backlog as the situation improves with the reopening of the economy.

Vista Land chairman Manuel Villar Jr. told reporters on Saturday night that the company remains optimistic with the industry amid the strong economic growth, coupled with sustained Filipino remittance.

“We will be more active in housing. We have been holding back for three years (due to the pandemic) though we did not stop. While we remained active in the market, we did not pursue it as much,” he said.

With the further reopening

Publication Notice R.A. 10172

CCE-031-2022

In compliance

of the economy, Villar said the firm will build more vertical housing projects next year compared to horizontal ones.

“If these are vertical housing, you can preserve more land because land is getting to be more expensive,” he said.

He added it already shifted back to building more vertical housing projects this year and expects to end 2022 with a 50-50 ratio of vertical to horizontal housing projects.

Villar said they will build both high-rise and mid-rise condominiums to cater to various segments of the market.

Vista Land launched 12 projects with an estimated value of about P21.8 billion as of the end of the third quarter of 2022.

The project value doubled the full year 2021 level. (PNA)

NOTICE TO THE PUBLIC

December 7, 2022

the publication requirement and pursuant to OCRG

Circular No.2013-1 Guidelines in the implementation

No. 1 Series of 2012 (IRR on R.A. 10172).

the Administrative

FRANCISCO

Any person adversely affected by said petition may file his written opposition with this office not later than DECEMBER 22, 2022

BWM: Dec. 9 & 16, 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 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.

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 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.

Dec. 9, 16 & 23, 2022

with

Memorandum

of

Order

Notice is hereby served to the public that MARICAR PABULAR has filed with this Office a petition for correction of entry in sex from “ MALE ” to “ FEMALE” in the certificate of live birth of MARICAR PABULAR at Medina, Misamis Oriental and whose parents are ESTERLITA ESIC PABULAR and AMBROSIO DAGOC

FRIETCHIE VIRTUDAZO-REYES Municipal Civil Registrar I

CREDIBLE RELIABLE IN-DEPTH

Editor: GILBERT Y. CHAO

DOST-FNRI: Nutrition labels can boost sales for food entrepreneurs this holiday season

With the holiday season fast approaching, the Department of Science and TechnologyFood and Nutrition Research Institute (DOST-FNRI) is urging food and beverage entrepreneurs to add nutrition facts labels to their products to potentially boost sales.

Nutrition labels are an informative way for consumers to know the nutritional composition or qualities of a packaged food product. These labels appear in a tabular form on the product’s packaging and help consumers plan a healthy diet.

“Nutrition labels list down the components of the food so that consumers, especially those who are watching what they eat, can determine if the product is for them. The labels also show that the food or beverage being offered has undergone testing in accordance with safety and nutritional standards which gives consumers assurance that your product is safe to consume,” DOST-FNRI

Director Dr. Imelda AngelesAgdeppa said.

Labels also boost the credibility of the product or the brand, which increases the chances of customer purchase.

In a study by Food Industry Asia (FIA), 81 percent of Filipinos acknowledge the importance of a healthy, balanced diet and would like clearer nutrition labels that also show food or beverage benefits.

In the Philippines, the Food and Drug Administration or FDA requires food manufacturers, importers, and distributors to include nutrition facts in the packaging of their prepackaged products.

Aside from the nutrition label, food entrepreneurs who want to check their food product’s quality, safety, and nutritional value can also consult the DOST-FNRI.

“Food and beverage owners can partner with the DOST-FNRI to help them with their laboratory needs.

They can rely on our service laboratories’ competence so that they can ensure that they’re putting out the best and safest version of their product in the market,” explained Dr. Angeles-Agdeppa.

Food and beverage entrepreneurs in need of laboratory analysis can avail of the DOST-FNRI laboratory services, including nutritional analysis as well as drafting of the nutrition label.

The Institute houses the country’s flagship team in conducting quality and safety evaluations of food and its impact on an individual’s nutrition and well-being. Its service laboratories work on sensory assessment, as well as chemical, microbiological, and biochemical analyses of food, functional food, water quality and safety, and other biological samples.

The Institute has four main service laboratories (DOST-FNRI-SL), namely: the Biochemical Laboratory, Chemical Laboratory,

Microbiological Laboratory, and Sensory Evaluation Laboratory.

As an ISO-accredited laboratory, the DOST-FNRI Biochemical Laboratory analyzes serum vitamin A and Urinary Iodine Concentration. With this, they participate in quality assurance programs of the Centers for Disease Control and Prevention (CDC).

On the other hand, the DOST-FNRI Chemical Laboratory is the focal laboratory of the DOST for nutrition labeling. Their PRC-registered and experienced chemists use state-of-the-art lab equipment such as HPLC, AAS, Gas Chromatography, and UVVIS Spectrophotometer for chemical analyses of food samples.

The DOST-FNRI Microbiological Laboratory

analyzes both food and water samples, especially marine food products. They conduct microbiological testing to assess hygiene and product quality. Foodborne pathogens, if present, are detected and enumerated in this lab through the real-time Polymerase Chain Reaction (PCR) method.

If a food business owner plans to boost their competitiveness in the international market, the DOST-FNRI Sensory Evaluation Laboratory (SEL) can be their partner in product development.

The SEL is where packaged food and beverage products undergo testing before being distributed to retail establishments. Trained managers, sensory analysts, panel leaders, and panelists help entrepreneurs in the product development phase,

offering product sensory profiling, batch consistency monitoring, and consumer acceptability tests.

“The SEL also offers training and consultancy services to help local businesses move up the value chain and achieve global competence,” shared Dr. Angeles-Agdeppa.

EXTRA-JUDICIAL SETTLEMENT AMONG HEIRS WITH SALE

KNOW ALL MEN BY THESE PRESENTS:

MARRIAGE OF CARLOS TAGAPA YCANO AND DINAH BRAGA DADULA, DINAH DADULA TRINIDAD, Petitioner, -versus-

CARLOS 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 Civil Registrar of Cagayan de Oro City.

SO ORDERED.

November 21, 2022, at Cagayan de Oro City.

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

Creating emergency education minimum standards

By: RUTH R. BOMBEO El Salvador City Central School

In times of crisis, ongoing crises, and in the early stages of reconstruction, education can be both life-saving and life-sustaining. By preventing exploitation and harm and spreading important survival messages, it can help save lives. For schoolchildren in particular, it keeps life going by offering structure, stability, and hope for the future during a crisis. Education in times of need helps people develop their skills, deal with painful past experiences, and support efforts to bring about peace and resolve conflicts.

School safety is a social responsibility. Society has an ethical obligation to ensure that a school can provide a safe learning environment for the entire school community. In terms of securing schools, empathy and security are not mutually exclusive. Both are necessary. In my opinion, there are three elements that make up school safety: people (students, teachers, staff, and community members/ stakeholders), place (building and campus), and practices/policies (routines and rules supporting safe activities). It will lead to better safety and this will strengthen the resilience of the community as a whole with the assistance of stakeholders and other authorities in the community who made more efforts to get better

safety for the schoolchildren. Indeed, everyone is accountable for ensuring school safety, not just one person.

Prevention is achieved through education. Children are more than just passive recipients of disaster preparedness information. Even the youngest child, with appropriate guidance from their teachers and other members of the educational community, can become an important source of information for their family and community. If the students can then pass on their knowledge to family members, it becomes common knowledge, and the community can prepare as well. All educational efforts in schools aimed at disaster risk reduction are actions for development and life. The higher the level of education and organization in a community, the better its capacity to prevent, reduce, and mitigate risk factors, as well as recover from the effects of natural or humancaused disasters. Education could also have a direct impact on disaster preparation efforts by altering risk and time preferences, as well as the ability to plan for the future. To summarize, education can help to raise awareness among households and encourage the implementation of preventative measures. It can also help with the provision of critical material and immaterial resources

needed to adequately prepare for and adapt to natural disasters. Education can thus play an important role in disaster risk reduction and in reducing vulnerabilities to disaster and other environmental hazards at both the household and community levels.

Transformation and investment are required for prevention. All communities and schools that receive disaster prevention input, whether large or small, urban, or rural, positively contribute to transformation. Disaster prevention is an investment in the sense that it is not only an important humanitarian action, but it is also an investment that encourages the development of schools, communities, infrastructure, economy, heritage, and history. It also represents a savings because reducing risk is far more efficient than replacing losses caused by disasters.

Indeed, the disaster risk reduction approach assists me as a teacher leader in considering emergency response activities while considering existing and new disaster risks. It enables me to design or modify our school activities so that our students and communities become safer and more disaster-resilient, while also protecting efforts to create and expand enabling conditions for long-term poverty alleviation and development.

He pointed out that Iligan being host to generation facilities of the National Power Corporation, it should be given preferential treatment. The Agus V, VI and VII hydroelectric plants are located in the city.

Reggie Punongbayan, president of the Iligan Bay Chamber of Commerce and Industry, “if the electricity in the city is sufficiently cheap, it will attract more investors, create more jobs and help develop the economy.”

For the city, Amante said it could earn around P225 million annually in income and corporate taxes in the eighth year of the company’s operations or after the sevenyear government tax holiday for renewable energy projects.

The plant will hire 50 local workers for its operations and more manpower, possibly including able senior citizens, for its agriculture projects.

“It can also be promoted for tourism since it is considered as a pioneering project here in the Philippines,” she said.

Vice Mayor Rosalita Nuñez expressed full support to the project, which she described as “something very unique.”

policy that insinuates ultimate betrayal and treachery like hiding a knife behind the back.

interest in providing us some space for the registration rollout," he said during a press briefing here. Buenavista said users must provide valid identification cards as a requirement. SIM cards are chips inserted into mobile devices to access services and signals for calls, short messaging, and internet data. The services are provided either by Public Telecommunications Entities (PTEs) or commercial telecommunications companies. Buenavista said under the law, both pre-paid and post-paid SIM cards are required to be registered. Out of the 158.6 million active SIM cards in the Philippines, Buenavista said around 82 percent are prepaid. "The passage of this law was mainly to prevent the proliferation of scams and spam messages. Our survey suggests six out of 10 Filipinos are in favor of SIM registration law," he explained. Failure or refusal to register may be penalized for a minimum of P100,000 for the first offense, to P1 million maximum for the third and subsequent offense. The law also has a safeguard provision for PTEs to uphold data privacy. For breach of confidentiality, PTEs and their agents may be penalized for a minimum of P500,000 to a maximum of P4 million. Providing false information, "spoofing" a registered SIM, selling stolen SIM, and transferring SIM cards without complying with the registration process can also be subjected to penalties. (PNA)

“We’re very happy seeing this project come into fruition… We don’t see any problem passing a resolution interposing no objection for this,” she said, responding to a request from the company made through City Councilor Froebel Kan Balleque.

Records from the Department of Energy showed that ENPC-1 submitted the required permitting documents for the solar power project in March 2018.

The company conducted public consultations last September with residents of the project site and other concerned stakeholders.

While China continues to present bright prospects for common peace and prosperity through cooperation and sharing, the US continues to hammer on non-real, irrelevant and arbitrarily concocted issues such as Hong Kong, Xinjiang or Taiwan designed simply to provoke and provoke without end. However, China and Asia’s growth and strengthening independent and defense posture can fend off the dangers of conflict and as Sun Tzu says “Win the war without fighting” while prospects for durable and lasting peace and prosperity increase year-byyear.

ASEAN continues to be perfectly happy with the Asian Moment under the shepherding of China’s diplomacy of cooperation, dialogue, economic sharing of the fruits of trade and commerce, having become the top trading partner of China. ASEAN has taken up the cudgels to champion peace, reconciliation and economic cooperation amongst all regions and countries. China’s Premier Li Keqiang reaffirmed the “comprehensive strategic partnership with a shard future” of China and ASEAN that have withstood the test of time and through “thick and thin”.

companies who made it to the list of awardees are the creme of the crop and the corporate governance pride of the ASEAN region."

Last February, the Institute of Corporate Directors (ICD), the Philippines’ Domestic Ranking Body for the ACGS initiative, inducted Ayala Corporation Chairman Jaime Augusto Zobel de Ayala as an Honorary Fellow his “lifelong commitment to promoting the highest standards of governance among Philippine corporations.”

"We are grateful to the ACGS awards for acknowledging the efforts that we have put in to improve and align our governance practices with regional and global standards," Zobel said. "Ayala remains committed to the highest standards of corporate governance and continues to uphold these standards across our business units."

The ACGS is an initiative of the ASEAN Capital Markets Forum towards ASEAN integration and is based on international corporate governance recommended practices. A total of 234 companies from across ASEAN were awarded this year.

options,” Mr. Cariaso said. Cash remittances coursed through banks grew by 3.8% year on year to $2.84 billion in September, Bangko Sentral ng Pilipinas data showed.

For the first nine months, money sent home by overseas Filipino workers stood at $23.825 billion, rising by 3.1% from the year prior.

The central bank expects remittances to grow by 4% this year.

While the rest of the world is inexorably drawn to the East, such as Saudi Arabia and then Qatar now gravitating to China closing long-term titanic oil deals likely introducing the “Petroyuan”, Germany’s Scholz bringing German industrial titans to visit President Xi Jinping and more recently the European Council President Charles Michel to handshake with China’s president too. It’s all coming together at this moment in history, paving the globe for a new, fair and just world structure that will lead to the “Forever Peace” humanity has been singing carols to for millennia.

million scam and spam text messages in just two weeks after implementing measures to block uniform resource locators (URLs) in person-to-person text messages.

including app-to-person and person-to-person SMS of international and domestic sources.

When eventually operational, the solar power plant would be a cheaper power alternative for local electric cooperatives as its generation charge could only reach P5.90 per kilowatt-hour (kwh), she said.

Amante said that would translate to an actual power rate of P8 to P9 per kwh, which is below the average P10 to P11 rate here charged by South Cotabato 2 Electric Cooperative (Socoteco 2).

It will also benefit other areas in the country as the solar power plant will be connected to the Mindanao power grid through the Mabuhay-Klinan substation of the National Grid Corporation of the Philippines, she noted.

“Don’t stay where you’re tolerated, go where you’re celebrated.” Find a job or business where you fit, and can keep climbing as high as your ability and desire will take you.

Today, why not ask the One Who knows your personality and abilities better than anyone to become your career partner? The One who designed and made you knows exactly the right steps for you to reach your full potential and success He has planned for you. Just think a minute…

The “Asian Moment” and China’s role in guiding the world community to the next stage of the development of the human community or mankind’s civilization to an era of 500 years of tranquility and progress is at hand, helping humanity leave behind the 500 years of “forever wars” brought about the historic era of Western colonialism, imperialism and Cold Wars. This short assessment of the historic November 2022 Asian Moment calls on Asia brings me to see true hope in the future of the world and the human community.

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.

-The MDN Publishing Corporation-

From September 28 to October 13 this year, it blocked about 2.4 million SMS with clickable links daily. From January to September 2022, meanwhile, it blocked 1.3 billion spam and scam messages, already exceeding the 2021 full year total of 1.1 billion.

To date, Globe has spent P1.1 billion on a system that detects and blocks spam and scam SMS. Its 24/7 Security Operations Center filters unwanted messages,

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.

9, 16 & 23, 2022

Globe continues to encourage its customers using Android devices to install spam filters on their phones. Learn how through this instructional video.

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.

Dec. 9, 16 & 23, 2022

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.

9, 16 & 23, 2022

Bethyl Jhyne Pianong of Manolo Fortich, Bukidnon poses on a wall after being crowned Laga ta Kitanglad 2022. PHOTO SUPPLIED

CREDIBLE RELIABLE IN-DEPTH

Ayala Group dominates 2021 ASEAN Corporate Governance Scorecard Awards

MANILA -- A total of 32 Philippine publicly listed companies (PLCs) were recognized during the recently held 2021 ASEAN Corporate Governance Scorecard (ACGS) awards.

A quarter of the Philippine

awardees - or eight of the 32 Philippine PLCs recognized - are part of the Ayala Group of Companies, namely, Ayala Corporation, Ayala Land, Inc., Bank of the Philippine Islands, Globe Telecom, Inc., ACEN Corporation,

Integrated Microelectronics, Inc., Ayala Land Logistics Holdings Corporation, and Cebu Holdings Inc.

Ayala Land, Inc. and Globe Telecom, Inc. received the additional distinction of being part of the top 20

ASEAN PLCs and the top 3 Philippine PLCs.

According to Atty. Emilio B. Aquino, Chairman of the Securities and Exchange Commission, ACGS seeks to recognize the valuable efforts of the top performing

Globe warns against criminals using SIM registration law to scam public

Leading digital solutions platform Globe warns the public against unscrupulous groups and individuals who are taking advantage of the SIM registration law to scam people.

“We have received reports that there are groups and individuals taking advantage of the new law by sending misleading text messages to unsuspecting mobile phone users. We would like to remind our customers to ignore these

messages and report them to our Stop Spam website,” said Anton Bonifacio, Globe Chief Information Security Officer.

Bonifacio said text messages informing users that their SIMs have been deactivated are just a ploy to get their personal information and hard-earned money. The SIM Registration law has yet to take full effect as its implementing rules and regulations are still being finalized.

All Globe and TM customers

will be duly informed once the IRR is in place.

Republic Act 11934, or the SIM Registration Act, was signed into law on October 10, 2022 and aims to provide accountability for those using SIM cards and aid law enforcement in tracking perpetrators of crimes committed through mobile phones.

The move is expected to boost government initiatives against fraud perpetrated

through text and online messages, which have become more prevalent in recent years.

Under the law, users can only activate their new SIMs by registering with their provider. Existing subscribers, meanwhile, must register within 180 days from the start of the law’s implementation or risk having their SIM deactivated.

Latest data show that Globe blocked more than 32.2

SCAM/PAGE 7

publicly listed companies across the ASEAN region in improving and raising the standard in corporate governance.

"The ACGS is an assessment conducted every two years. It follows

a rigorous methodology designed to score and capture the corporate governance practices of the participating countries' publicly listed companies," he said.

"The publicly listed