BusinessWeek Mindanao (February 3-4, 2023)

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Market Indicators FOREX PHISIX AS OF 6:00 PM FEB 2, 2023 (THU) 7,035.76 242.51 points 0.17 cents

X X

Magnitude 6

AN official of the Philippine Institute of Volcanology and Seismology (Phivolcs) has reminded those residing near the epicenter of the magnitude 6 earthquake that jolted Davao de Oro Wednesday to be cautious of structures and tension cracks.

In the Laging Handa briefing Thursday, Phivolcs director Teresito Bacolcol said aftershocks from the earthquake that struck 9 kilometers southeast of the municipality of Compostela may last for days or even weeks.

Bacolcol said Phivolcs is expecting small to moderate aftershocks to occur near the epicenter.

Device vs fake, expired licenses

AS part of the agency’s modernization program, the Land Transpiration Office of Northern Mindanao (LTO-10) is set to digitalize the issuance of traffic citation tickets against traffic violators next week.

Santino Aguilar, LTO10 law enforcement section officer-in-charge, said in a phone interview on Tuesday, Jan. 31, that the Law Enforcement Handheld Mobile Device will be used for issuing electronic Temporary Operators’ Permit (e-TOP) in order to hasten the submission of violators’ details to the LTO system.

Apart from that, the carriers of expired and fake drivers’ licenses have also been warned as the said device can easily detect expired and counterfeit licenses.

Tourism linkages

DAVAO City – Davao Oriental officials have expressed eagerness to link with more strategic associates like Central Luzon (Region 3) and the National Capital Region (NCR) as the province seeks to expand tourism partnerships. Davao Oriental Governor Corazon Malanyaon said the linkages would strengthen the tourism industry, as shown with the province recently hosting a two-day familiarization tour with Central Luzon and NCR tour operators, stakeholders and officials. “This is a great help for our tourism industry as this partnership will surely open a lot of opportunities,” she said.

T

HE Cagayan de Oro city government is seeking anew for foreign funding of its reclamation master plan after it failed to secure a loan from the World Bank, an administration official said on Thursday.

“We learned from our acting City Planning and Development Officer Ramil Balquin that the city was unable to qualify for funding from the International Finance Corp., (IFC) the financing window of the World Bank. So the City Reclamation Authority decided to seek funding from other institutions like JICA (Japan International Cooperation Agency) or the Export-Import Bank of South Korea for our reclamation master plan,” Councilor Edgar Cabanlas said. Cabanlas, who cochairs the City Reclamation Authority with Cagayan de Oro City Mayor Rolando

Palace appoints members of Marawi Compensation Board

Act 11696 or the Marawi Siege Victims Act of 2022.

ILIGAN City — Three hundred fifty-eight tons of relief goods for families in Northern Mindanao and Caraga Region that were displaced by floods spawned by heavy rains in the two areas in December last year and January this year have

Antonio Sugarol, Regional Director of the Office of Civil Defense Region 10, said the goods came from the Department of Social Welfare and Development (DSWD) Central Office and arrived on board the Philippine Navy’s BRP Davao del Sur

on Monday.

Sugarol said the goods will be temporarily stored at the DSWD-10 warehouse in Barangay Dalipuga prior to distribution to the flood victims.

Martesha Maive Veloso, Disaster Response Management Information

PRESIDENT Ferdinand Marcos Jr. has appointed the nine members of the Marawi Compensation Board (MCB) who would facilitate the tax-free payment of reparations for residents who lost properties and lives during the five-month fighting in 2017.

The appointment came more than six months after the deadline to promulgate the Implementing Rules and Regulations (IRR) of Republic

“The long wait is over,” said Drieza Lininding, chair of the Moro Consensus Group, who has been lobbying for the past five years for the compensation of Marawi residents who were affected during the siege. Presidential Communication Office (PCO) Secretary Cheloy Garafil confirmed their appointment on Tuesday as Executive Secretary Lucas

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

Photo courtesy of Office of Civil Defense Region 10

No hand in gov't projects, Mindanao presidential aide clarifies

DAVAO City – Presidential Assistant for Eastern Mindanao Secretary Leo Tereso Magno clarified Wednesday that his office cannot approve projects or government contracts, especially in Mindanao. Magno issued the statement after receiving information and requests from several Mindanao

officials asking for his intercession or approval on government projects. "I hope this clarifies everything; and to all government contractors I am appealing to you to simply follow the legal processes of doing business with the government," he said. He said the matter has dragged the name of his

By FROILAN GALLARDO MindaNews RELIEF/PAGE 7
MINDANAO/PAGE 7
MARAWI/PAGE 7
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Briefly US$1 = P54.475
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RELIEFGOODS. Unloading of the relief goods at the port of Iligan City.
FUNDING RECLA PLAN. Cagayan de Oro City Councilor Edgar Cabanlas (clad in white polo shirt) presides over Thursday morning’s (Feb. 2) meeting of the City Reclamation Authority./CIO Photo by Stephen Capillas 358 tons of relief goods for flood victims arrive in Iligan By RICHEL V. UMEL MindaNews

Davao provinces suspend classes, work after strong quake

DAVAO City – Two Davao Region provinces have declared suspension of classes and work on government offices on Thursday following the magnitude 6 earthquake Wednesday evening. Amid ongoing damage assessment, Davao de Oro Governor Dorothy Gonzaga and Davao del Norte Governor Edwin Jubahib immediately issued memorandums for class and work suspensions. In a Facebook post, Gonzaga said classes and government work were suspended to check the integrity of the structures in schools and offices. “We will check for damages brought by the earthquake. Take care for possible aftershocks,” she warned. Meanwhile,

Jubahib issued the suspension order to give way for the conduct of safety inspections of all school buildings as part of the precautionary measures and standard safety protocol. The magnitude 6 earthquake struck 12 kilometers northeast of the municipality of New Bataan at 6:44 p.m. It had a depth of 27 kilometers. Intensity V was felt in New Bataan, Davao de Oro; intensity IV in the cities of Davao and Bislig, Surigao del Sur. Intensity III was reported in Damulog, Kadingilan, Kalilangan, Libona, Pangantucan, and Talakag, all in Bukidnon; Cagayan de Oro City; Cagwait and Hinatuan in Surigao del Sur. (PNA)

P5.5-million 'drone-assisted' reforestation set in Bukidnon

A P5.5 million reforestation project to be carried out by drones is set to be implemented in the Mount Kalatungan ranges in Pangantucan, Bukidnon province this year. Ritchie Guno, Department of Science and Technology (DOST) provincial director for Bukidnon, said the collaboration between the local government

of Pangantucan and the Protected Area Management Board (PAMB) involves the use of specialized drones to reforest targeted areas. "The reforestation project will cover four hectares of Mt. Kalatungan ranges (out of the 21,000 hectares). DOST allocated PHP1.2 million, but the counterpart of the LGU is P3.3 million, and PAMB worth P1.1 million," Guno said in an interview Wednesday. The project will be carried out by the forestry firm Galansiyang, which was one of the DOST-incubated startup firms whose founders were students of Mindanao State University-Iligan Institute of Technology. Guno said Galansiyang already had clients in other Mindanao

regions, yielding an average of 80 to 90 percent success rate in reforesting land areas with the use of drones. In drone-assisted planting, seeds are processed to become "seed balls," to be loaded in the drone container and dispersed in the target area. The Pangantucan project aims to train 370 participants in seed ball production -coating the seeds with soil and organic manure and has a target of 12,000 seed balls for reforestation. Guno said the seed ball will be prepared by the community consisting of students from Bukidnon Community College, PAMB staff and Indigenous People (IP). Among the seeds that will be dispersed are

DRONE/PAGE 7

Extrajudicial Settlement Among Heirs with SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THIS PRESENTS: We, HEIRS of the late DEDIMA E. TION, namely:

1. BAVECYL T. BADILLA of legal age, married, Filipino Citizen and a resident of Zone 3 Luz Banzon, Jasaan, Misamis Oriental;

2. ALDIE ANN T. SALISE of legal age, married, Filipino Citizen and a resident of Zone 1 Aplaya, Jasaan, Misamis Oriental; Herein after referred to as the PARTITIONERS; WITNESSETH

That we are the legitimate children and heirs of deceased DEDIMA E. TION who died last JULY 11, 2021 who died intestate, without Will or Testament and without any outstanding debts in favor of any person or entity.

That the deceased left among others, a SAVINGS ACCOUNT represented by SAVINGS ACCOUNT NUMBER 00-5-00182-804-4 with DBP- VILLANUEVABRANCH in the amount of Php______________.

That pursuant to Rule 74, Sec.1 of the Rules of Court of the Philippines we do hereby agree to divide and adjudicate unto ourselves the amount deposited under the said Savings Account.

That by virtue hereof I, ALDIE ANN T. SALISE hereby Name, Constitute and Appoint BAVECYL T. BADILLA to withdraw the amount deposited in the said Savings Account Number.

IN WITNESS WHEREOF, we have hereunto set our hands, this JANUARY 21, 2023 in Balingasag, Misamis Oriental.

PARTITIONERS:

ACKNOWLEDGMENT

Republic of the Philippines ) Province of Misamis Oriental) S.c. Municipality of Balingasag )

BEFORE ME, in Balingasag, Philippines, this day of JANUARY 21, 2023 personally appeared the aforementioned persons, known to me and to me known to be same persons who executed the aforementioned instrument and they acknowledged to me that the same are their free and voluntary acts and deeds.

WITNESS MY HAND AND SEAL.

DOC No.: 464

PAGE No.: 093

BOOK No.: CLXXIX_

SERIES Of:_2023

BWM: Jan 27, Feb 3 & 10, 2023

EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH SPECIAL POWER OF ATTORNEY OF THE DECEASED WILLIE TAN, SR. AND GENEVER TAN.

KNOW ALL MEN BY THESE

PRESENTS:

That the late, WILLIE TAN, SR. AND GENEVER TAN who died intestate on APRIL 26, 2013 AND SEPTEMBER 29, 2019 respectively, at the time of their death, left a real property registered in their names, TECHNICAL DESCRIPTION T-116705, LOT 7-A-2, BOUNDED ON THE NE., ALONG LINE 3-4 BY LOT 7-B (LRC) PSD-10-015264; ON THE SE., ALONG LINE 4-1 BY LOT 7-A-1, PSD-10-026566; ON THE SW., ALONG LINE 1-2 BY LOT 9, (LRC) PSD-17160 (EXISTING ROAD); ON THE NW., ALONG LINE 2-3 BY LOT 7-H, (EXISTING ROAD) PSD-10015264. CONTAINING AN AREA OF SIX HUNDRED (600 SQ.M.) SQUARE METERS MORE OR LESS, and has been the subject of EXTRA-JUDICIAL SETTLEMENT OF ESTATE WITH SPECIAL POWER OF ATTORNEY OF THE DECEASED WILLIE TAN, SR. AND GENEVER TAN, AGREEMENT made on this 13th day of January 2023 at CAGAYAN DE ORO CITY by and among: WILLIE M. TAN JR., married, of legal age, Filipino, and resident of Cagayan de Oro City; CHRISTINE T. OCLARIT, married, of legal age, Filipino, and resident of Gumamela Extn, Carmen; JAY TAN, married, of legal age, Filipino, and resident of Casulog Salay, Misamis Oriental; KHIM TAN, married, of legal age, Filipino, and resident of Purok 1, Bingag; MICHELLE T. JAMISOLA, married, of legal age, Filipino, and resident of Zone 6, Gumamela Ext., Carmen, Cagayan De Oro City; ROQUE M. TAN, married, of legal age, Filipino, and resident of B 200 L 10 Area 11 Phase 3 San Jose Del Monte Bulacan, represented by WILLIE M. TAN JR. by virtue of Special Power of Attorney with Doc. No. 94, Page No. 20, Book No. XXXIV, Series of 2021, attached hereto as Annex "A" . That, HEIRS of WILLIE TAN, SR. AND GENEVER TAN, does hereby name, constitute and appoint and by these presents have NAMED, CONSTITUTED and APPOINTED his/her/their co-heir, WILLIE M. TAN JR., as his/her/their true and lawful attorney-in-fact for and on his/her/their name, place and stead, to perform the following special powers, To negotiate and enter into a Lease Agreement with Dito Telecommunity Corporation a corporation duly organized and established under Philippine laws and with principal office address at 11th Floor, Udenna Tower, Rizal Drive corner 4th Avenue, Bonifacio Global City, Taguig City, represented herein by its Director for Acquisition and Permitting, BENEDICTO L. LACSAMANA, over the above-described property on such terms and conditions as may be deemed reasonable by our said Attorney-in-fact, including stipulations in the Lease Agreement that the monthly rental and other consideration/s on the lease shall be paid by check to be issued in the name of WILLIE M. TAN JR. who shall issue an acknowledgment receipt thereof upon receipt of the corresponding payments. To sign the Lease Agreement and to deliver and execute any and all necessary papers and documents relative to the lease of the premises to Dito Telecommunity Corporation; and To accept the check to be issued by Dito Telecommunity Corporation, in the name of our attorney-in-fact, representing rentals thereof and other charges, to encash the same and issue acknowledgement receipt therefor. To perform any other act/s necessary to realize the above-mentioned special powers. Filed by the heirs of WILLIE TAN, SR. AND GENEVER TAN, as per Doc. No. 433; Page No. 87; Book No. 04; Series of 2023 under the Notarial Registry of ATTY. DELBERT JOHN

BARSAGA

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Solon bats for fuel tax suspension amid fluctuating pump prices

A LAWMAKER on Tuesday said the temporary provision regarding the automatic fuel tax cut under the Tax Reform for Acceleration and Inclusion (TRAIN) law should be made permanent to bring down the cost of fuel and provide instant relief to the Filipino people.

In a statement, Camarines

Sur Rep. Luis Raymund Villafuerte said the TRAIN law’s provisional authority to suspend the fuel excise tax whenever the $80-price cap is breached ended in 2020.

Villafuerte said the proposed tax suspension aims to shield ordinary Filipinos from "further adversities that may be caused by unforeseen economic downturns.”

“Geopolitical conflicts and other developments in world markets have been driving up the cost of petroleum products, which, in turn, have jacked up transportation expenses and food prices responsible for the seemingly unending elevated inflation that now threatens to slow the global economy and possibly even lead to recession in

most parts of the world,” Villafuerte said.

He cited the Philippine Statistics Authority (PSA) report that inflation soared to a 14-year record of 8.1 percent last December, the highest since the 9.1 percent clip in 2008 and the ninth consecutive month in 2022 that the pace of commodity price hikes breached the target range of 2 percent to 4 percent set by the Bangko Sentral ng Pilipinas (BSP).

He stressed the need to find a "surefire way" to cushion the economic impact on ordinary Filipino consumers of the fluctuating fuel prices, noting that the most feasible means to do this is through the permanent suspension of the excise tax imposed on petroleum products whenever the global rate hits the TRAIN-set threshold of USD 80 per barrel over a three-month period.

“This is the best way for Malacañan Palace and the 19th Congress to take the edge off the economic shock inflicted on our consumers by the never-ending rise in the cost of living, especially

now when Filipinos are barely recovering from the almost three-year global economic and health crises caused by the Covid-19 pandemic," he said.

The excise tax is currently pegged at P10 per liter of regular and unleaded premium gasoline and PHP6 per liter of diesel, he noted.

“Add to this the VAT (value added tax) of 12 percent, and anyone could see how taxes have resulted to the hefty increase not only in the price of fuel itself but also in the cost of other goods that rely on fuel for their production and/or transportation," he said.

He said the retail cost of gasoline and diesel went up by P1.30 and P1 per liter, respectively, on Tuesday, the third successive upward adjustment in pump prices this January.

Prior to this week’s round of adjustment, a monitoring report of the Department of Energy (DOE) showed that prices since the start of January already logged per liter net increases of P5.90 for gasoline and P2.05 for diesel. (PNA)

Bangko

Sentral eyes January inflation between 7.5%-8.3%

HIGHER electricity rates, among others, is expected to bring January 2023 domestic inflation rate to between 7.5 to 8.3 percent, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday. In a statement, the central bank identified other possible drivers of the rate of price increases for the month, including the “approved water

rate rebasing, higher domestic petroleum prices, uptick in the prices of key food items, and the annual increase in sin taxes.”

However, these factors are projected to be countered by “the reduction in LPG (liquefied petroleum gas) prices as well as the peso appreciation.”

“The BSP will continue

to adjust its monetary policy stance at the necessary pace to prevent the further broadening of price pressures and monitor emerging price developments closely in accordance with the BSP’s price stability mandate,” it added.

Earlier, BSP Governor Felipe Medalla said domestic BANGKO/PAGE 7

BPI eyes to capture at least 10% of Lazada customers via tie-up

A RANKING official of the Ayala-led Bank of the Philippine Island (BPI) is hoping to increase by 8 million its new account holders and clients following its tie-up with international electronic commerce (e-commerce) platform Lazada. In an interview at the sidelines of the partnership launch on Tuesday, BPI Senior Vice President for Retail Banking Jose Raul Jereza

said they do not have specific target on how many clients the bank can have by the end of this year through the partnership. “Actually, to be honest, I’m happy if I get 10 percent of the 80 (million customers that Lazada currently have),” he said, adding that as Lazada is a digital app, the “potential is limitless.” Jereza said the tie-up will definitely increase the banks’ capacity to reach

out to more people. “It’s like a (BPI) branch in a city with 80 million people. So, if I get 10 percent of that in one year, that’s huge,” he said, noting the projected increase in transaction will cover all products, such as credit cards and loans. He said more tieups with non-bank entities will be announced within the quarter as BPI hopes to further increase the number

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The Long and Winding Road

Think a minute… After my teenage son learned to drive, he still did not learn the quickest, shortest route to where he wanted to go. He often ended up turning a 10-minute drive into a 20-minute journey. Taking the long way home cost him a lot of wasted time and money for fuel. Yet often in life we take the long and winding road to get where we want to be. Life is short, yet we take so long to learn how to live it well.

“Experience may be a good teacher, but it charges us a high price for the lessons we learn.”

Each day we face possibilities to make wrong turns, or to simply go around in circles with our daily routine, never actually making progress.

“We live and learn, but some of us just live.” So we die sometimes having never learned to really live the right, satisfying way. We take many twists and turns trying to find our way through this life of good and bad, right and wrong. We face a lot of choices, including false

opinion

Big hearts from our US-based Misamisnons

ROCKINGHAM, North Carolina--Meet Minda Tabequero of Jasaan town, Misamis Oriental who’s quite happy these days since her learning center now has a restroom.

Let me tell you the story of motherhood in its finest and as a teacher by circumstance, Minda wants to serve not only those she loves but the rest of the community of children with special needs.

Minda, who used to work with the Jasaan-Claveria court under the Supreme Court has a daughter with special needs (Down syndrome). Since they live in Jasaan town, Misamis Oriental she opted to stop working in the judiciary when she realized the needs of her own daughter.

She didn’t have the formal education to teach but her persistence, determination and love of her daughter was so intense that what used to be a mother-daughter setup in her house turned into a sort of learning center in their area.

From one ward to another ward, many special needs children ended up at her doorstep. Instead of solely teaching her daughter, she was surprised that there were other children with special needs in her neighborhood. She welcomed them with her embrace and thus, the Special Children Learning Center was born in lower Nahalinan, Jasaan town in

Misamis Oriental province.

Volunteer teachers of the indigenous community came to pitch in. A year ago, Minda said she was surprised to hear my voice on radio at her neighbor’s home. She contacted me through Facebook and talked about her learning center for special children with needs.

Wow what a coincidence, I told myself; well this is a story about her school. not about me. But anyway that was the connection and through my program ‘Susan Live’ at RPN-dxKO aired live on TV and radio and on their Facebook page, I repeatedly appealed to the listeners specially those living abroad to help and offer assistance to Minda’s learning center.

One Tuesday, my guest was Marygene Espinosa, the president of Cagayan de Oro/Misamis Oriental Association in New York, Inc. I could not remember anymore what brought it up, but anyway she immediately responded to my appeal to help build a restroom in Minda’s Special Children Learning Center. It was so providential because at the time Marygene and I discussed the learning center’s situation on air, one of the members of the Board of Directors of CDO/MisOr group Evangeline Bombeo Legaspi was visiting her family in Cagayan de Oro. Evangeline visited the school

and verified the urgency of building a restroom for the learning center.

Thus the much needed and appreciated assistance from the New Yorkers of Misamis Oriental and Cagayan de Oro. Their assistance helped build the restroom and provided other needs of the learning center, Minda said.

I was also informed that another Misamisnon, Lulu Bade Pimemtel, who is from Villanueva town and a member of the association also paid a visit at the school.

I wish to extend my profound thanks to the MisOr/CDO Association in New York for their help through their President Marygene Espinosa and members of the Board of Directors.

Related to this news of people with generous hearts who’re ready to help those in need is this bit about another Misamisnon who heard my plea for Minda’s learning center.

The popular fashion icon in Charlotte, North Carolina Malou Zayas Tabada Cordery asked to hand over some assistance to the school. Cordery, whose fashion works already reached the runway of Paris surprised me the day before I left Charlotte by handing me an envelope to give to the learning Center.

It was then that I realized that maybe there are people out there listening to my

program and together we can help those who are really in need. Like the New York Association of MisOr-CDO through Marygene Espinosa, Malou Zayas Tabada Cordery and maybe many more in the near future who can make a long lasting difference in the lives of others who also help others lead better lives.

Okay now let’s end this piece wth a little rant. Along with my upcoming visit to Misamis Oriental (which already came to pass as this was posted), there’s this problem of traffic which my husband Ronnie is none too pleased about based on his experience driving the roads and streets of Cagayan de Oro and Misamis Oriental.

Among the many problems inherent in the local traffic situation is the presence of those lumbering trucks. Mind you this problem on trucks has become so severe in the country’s metropolitan areas particularly in Manila that a truck ban was enforced that would limit their mobility

US 2023 provocation agenda

THINK A MINUTE

JHAN TIAFAU HURST

starts, detours, and dead ends.

Remember, “No one ever got lost on a straight road.”

It’s actually quite easy to find the right road in life. For one thing, “If the truth is standing in your way, you know you’re headed in the wrong direction.”

It’s like going the wrong way on a one-way street: the person who turns around the soonest is the smartest and safest. There is nothing smart about being too stubborn and proud to admit we have made a mistake.

It makes no sense to ask

2 plus 2 to equal 5. Just like it makes no sense to ask God

Several news items from the US and Western media came off the press this past week, it gives an indication of the provocations the US is plotting again this 2023 to stir tension in the AsiaPacific region and provoke China and the countries of Asia and ASEAN.

The first news item is US Republican congressmen introducing a resolution calling for the US to recognize Taiwan as a sovereign, independent state and for the US to resume formal diplomatic ties with the island province of China.

This resolution blatantly violates the US “One China” policy -- that has been in place since 1972 and stated in the US-China Shanghai Communiqué of that year -- and crosses the supreme “red line” China has made crystal clear is not to be crossed by the US.

The second news from the US is the planned visit of new US House Speaker Kevin McCarthy which the reports say the Pentagon is now preparing security and other arrangements in anticipation of the possible stern responses from China

reminiscent of the Taiwan “blockade” after the April 2022 Pelosi visit.

Former House Speaker Nancy Pelosi made her very provocative visit to Taiwan over the intense objections of China which resulted in a 5-day demonstration of China’s power by blockading Taiwan for five days as the US stood by helpless, and saw all direct talks with China cancelled.

Then the latest incendiary news over Taiwan is US Gen. Mike Minihan predicting that the US and China will “likely be at war over Taiwan in 2025” the sensationalized reports say, and his reasons? This is what Minihan said: “My gut tells me we will fight in 2025. Xi secured his third term and set his war council in October 2022. Taiwan’s presidential elections are in 2024 and will offer Xi a reason. United States’ presidential elections are in 2024 and will offer Xi a distracted America. Xi’s team, reason, and opportunity are all aligned for 2025,”... maybe he should take some constipation tablets soonest.

The reasoning of Gen.

Minihan is severely flawed. Xi Jinping has always said, “Resolving the Taiwan question is a matter for the Chinese, a matter that must be resolved by the Chinese. We will continue to strive for peaceful reunification with the greatest sincerity and the utmost effort...”

The goal of peaceful reunification is, in fact, closer today than it has ever been since 2016 when the secessionist-prone Democratic Progressive Party (DPP) of Tsai Ingwen won the presidency. Because of the cynical Pelosi provocation, the proUnificaiton party KMT won big in Taiwan’s mid-term elections last November.

The mid-terms elections was a barometer for the all-important and crucial 2024 presidential elections which many believe is now wide open for a KMT victory, and would bring peaceful reunification ever closer. Gen. Minihan’s “gut feel” on Taiwan and the Taiwanese sentiment is totally erroneous, to say the least.

If the US is feeling too adventurous about creating

a scene over Taiwan they should take heed from a Chinese expert quoted by the English publication of China Global Times, quoting US studies and research fellow at the Chinese Academy of Social Sciences in Beijing Dr. Lu Xiang that:

“China’s response against the US would be of higher intensity than that after then House speaker Nancy Pelosi’s provocative visit to Taiwan island in August 2022”, and I can’t imagine how serious that would be given that the last the US was left stupefied watching from the sidelines failing to intervene in the Taiwan blockade exercise by China. And the US can not

AGENDA/PAGE 7 ROAD/PAGE 7 PHIL-CHINA WATCH
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Herman Tiu Laurel

HOUSEHOLD spending in the Philippines is projected to expand by 5.5 percent this year, slower than the 8.2 percent growth forecast in 2022, the research arm of Fitch Ratings said.

In its report released Tuesday, Fitch Solutions said household income growth will support consumer expenditure in 2023, allowing Filipino households to spend despite the elevated inflation numbers.

“We expect household income growths to outpace consumer price inflation in 2023. This will ensure real income growth and greater potential for consumer spending,” Fitch Solutions said.

The report said its consumer spending forecast is in line with the Philippine economic growth, which is expected to ease from 7.4 percent in 2022 to 5.9 percent this year.

“The slowdown in growth was in line with expectations, but the pace of deceleration was more modest than predicted. Elevated energy prices and tightening monetary policy will result in further deceleration during the forecast period,” it added.

For the medium term, Fitch Solutions forecasted consumer spending to average 5.1 percent annually from 2024 to 2027.

Manufacturing sector kicks off 2023 upbeat

PHILIPPINE factories started the year on a high note, recording one of the strongest manufacturing performances in Southeast Asia in January.

S&P Global reported Wednesday that Philippine manufacturing purchasing managers’ index (PMI) last month was at 53.5, higher than the 53.1 score in December 2022.

S&P Global said the country’s PMI increased for three consecutive months, with score in January being the highest in seven months.

“Operating conditions across the Filipino manufacturing sector improved solidly during

R.A. FORM No. 10.1

January, according to the PMI data. Sharp upturns were noted in both output and new orders, as panelists cited increased demand for Filipino manufactured goods,” S&P Global economist Maryam Baluch said.

S&P Global also showed that the country’s manufacturing score last month is the second strongest in surveyed nations in Association of Southeast Asian Nations (ASEAN), only behind Thailand with a factory index of 54.5.

The report said that after the 11-month slump in exports, strong demand

Republic of the Philippines Bangsamoro Autonomous Region in Muslim Mindanao Province of Lanao del Sur

Municipality of Binidayan OFFICE OF THE LOCAL CIVIL REGISTRAR Municipal Hall, Lampsan, Brgy. Madaya, Binidayan, Lanao del Sur, 9310 NOTICE FOR PUBLICATION February 1, 2023

CFN-0001-2023

In compliance with the publication requirement and pursuant to OCRG Memorandum

Circular No. 2013-01, Guidelines in the Implementation of the Administrative Order No. 1 series of 2012 (IRR of R.A. 10172), notice is hereby served to the public that:

Name of Petitioner SALMAN ADIONG H. SOHAILI

Type / Nature of Petition CHANGE OF FIRST NAME From To

Change of fist name ALINAIR SALMAN

Type of Document CERTIFICATE OF LIVE BIRTH

Date of Birth June 15, 1992

Place of Birth Bobong, Binidayan, Lanao del Sur

Name of Father H. SOHAILI PANDITA MACASIMBAR

Name of Mother SAPIAH MACASIMBAR ADIONG

Any person claiming interest or may be adversely affected by said petition my within ten (10) calendar days file his/her written opposition with this office.

BWM: Feb 3 & 10, 2023

It added consumer confidence, though it remained negative since 2020 amid the pandemic, has shown signs of improvement.

Consumer confidence index stood at -14.6 in the fourth quarter of 2022 from a peak of -54.5 in the third quarter of 2020.

“Consumer confidence has improved in line with the economic recovery from the effects of the pandemic,” Fitch Solutions added.

Employment, household income

The research group said the country’s strong labor

market has been a major driver of consumer spending expansion last year, which is expected to continue this year.

“Many markets have boasted significantly strong labor markets post-Covid (coronavirus disease 2019), driven by rapid economic recoveries, both locally and globally. Additionally, governments have been very supportive of local labor markets, resulting in significantly tight markets that have pushed up nominal wages,” Fitch Solutions said.

For the full year of 2023, Fitch Solutions projected

the unemployment rate to settle at 5.4 percent.

“Remittances are an important source of income for many households in the Philippines, and the demand for overseas Filipino workers continues to increase globally. In particular, there is a demand for Filipino workers skilled in jobs related to medical and health services, construction and housekeeping,” the report read.

However, it cited several risks to this income over the year that are mostly related to rising inflation across the world. (PNA)

DIMASUHID PEPITO, has filed with this Office a Petition for Correction

(Complete name of the Petitioner) of Clerical Error to correct the SEX from FEMALE to MALE (sex to be changed) (sex to be adopted) in the Certificate of Live Birth of JEZEL DIMASUHID PEPITO who has born on (complete name of document owner) AUGUST 6, 1989 at RAMON MAGSAYSAY, ZAMBOANGA DEL SUR (complete date of birth) (place of birth) And whose parents are WARLO BANGQIAO PEPITO and JULITA DIONSAY DIMASUHID (name of father) (name of mother)

Any person adversely affected by said petition may file his written opposition with this Office not later than 15 days.

(SGD) IVY R. TONGCO, LPT, J.D. Municipal Civil Registrar BWM: Feb 3 & 10, 2023

from China revived the foreign demand for Philippine-made goods in January.

“Additionally, supply chain pressures also eased further, with panelists citing that improved infrastructure, more vendors and lifting of port restrictions helped with delivery times,” Baluch said.

She added the Bangko Sentral ng Pilipinas’ (BSP) aggressive monetary stance has been effective as signs of easing pressures were recorded last month while demand has yet to be negatively impacted by the policy tightening.

EXTRAJUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE OF REGISTERED LAND KNOW ALL MEN BY THESE PRESENTS;

Multi-format retailer posts profit as economy back to normal

THE continued reopening of the economy benefited Robinsons Retail Holdings, Inc. (RRHI) which reported on Thursday a 26.7-percent year-on-year jump in net income to PHP5.7 billion.

In a statement, RRHI dubbed 2022 as “a stellar year” for the company after noting that the rise in net income last year surpassed its 2019 performance by 41.2 percent.

It said earnings per share (EPS) registered a faster expansion of 30.6 percent in 2022 “supported by our ongoing stock buyback program.”

Consolidated net sales rose by 16.6 percent on an annual basis to PHP178.8 billion due largely to the 11.8 percent increase in same store sales growth (SSSG) and the opening of new stores.

“In 2022, our businesses directly benefited from the economy’s gradual return to normalcy, including back to face-to-face classes in schools, increased travel and tourism, and the first normal holiday season in two years,” the firm said.

chief executive officer (CEO) Robina Gokongwei Pe said the company is “pleased with our operating performance in 2022.”

“Building on the momentum last year, our company will continue to take advantage of the economy’s return to normal. We will focus on improving store efficiency and increasing market coverage with more stores in the pipeline for 2023,” she added. (PNA)

That the late, ALBERTO EMBOLODE who died in Lapinig, Kapatagan, Lanao del Norte on ________,at the time of his death, left a certain real property, situated in Barangay Calube, Kapatagan, Lanao del Norte and more particularly described as, TRANSFER CERTIFICATE OF TITLE NO. T-9537 Lot 87, Pls-68 Total area: 64,058 square meters, Location: Barangay Calube, Kapatagan, Lanao Del Norte, Boundaries: E.,by Lot 92 of Pls-68; SE., by Lot 93 of Pls-68; S., by Road; NW., by Road and Lots 86 and 88 of Pls-68; has been the subject of EXTRAJUDICIAL SETTLEMENT WITH DEED OF ABSOLUTE SALE OF REGISTERED LAND, that SILVERA C. EMBOLODE, ROLANDO G. EMBOLODE and AURELIO G. EMBOLODE for and in consideration of the sum of TWO HUNDRED FIFTY THOUSAND PESOS (P250,000.00) receipt of which is hereby acknowledged from the vendees, by these do hereby SELL, TRANSFER, and CONVEY, absolutely and unconditionally, unto BONIFACIO S. PAPEL, also of legal age, married to MARISA C. PAPEL, Filipino, and residing at Purok-4 Lanipao, Lala, Lanao del Norte their heirs and assigns and interest, the above mentioned property containing a total area of SIXTY FOUR THOUSAND FIFTY EIGHT (64,058) square meters, with all the improvements thereon, situated in Barangay Calube, Kapatagan, Lanao del Norte, Island of Mindanao, free from all liens and encumbrances, filed by the heirs of ALBERTO EMBOLODE, per DOC

Similarly, core income also posted a new record after jumping by 39.1 percent to PHP5.3 billion.

Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City MA. LILIBETH Z. LUGER CASE NO. R10-EV-TX Applicant 2023-01-115

NOTICE OF HEARING

APPLICANT request for the Extension of Validity of the Certificate of Public Convenience with registration in lieu to operate TAXI SERVICE on the route: Within CAGAYAN DE ORO CITY and from said place to ANY POINT REGION X and Vice Versa and with the use of TEN (10) unit/s.

This application shall be considered by this Board on February 15, 2023

The RRHI said gross profit last year hit PHP42.2 billion, up by 19.8 percent, after it surpassed sales due to “changes in category mix and economies of scale”, it said.

RRHI president and

FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City HENRY WARREN A. LIM CASE NO. R10-NC-PA-TH Applicant 2023-01-058

Trade Name; SHOGUNATE TRUCKING SERVICE NOTICE OF HEARING

APPLICANT request for the Issuance of the Certificate of Public Convenience to operate TRUCK FOR HIRE (TH) SERVICE on the route: from CAGAYAN DE ORO CITY and from said place TO ANY POINT IN REGION

Accessible to motor vehicle traffic and Vice Versa and with the use of One (01) unit/s.

This application shall be considered by this Board on February 15, 2023 at 10:00

at this Board on which date Applicant shall formally submit his/her/its evidence.

The Applicant shall publish said notice at least Ten (10) Days prior to the date of hearing once in a newspaper of general/ local circulation.

Party(ies) opposed to the approval/ granting of the application must file his/her/its written opposition with supporting documents, unless this Board deems it necessary to require additional documentary evidence and/or his/ her/its oral testimony(s).

WITNESS, AMINODEN D. GURO, Regional Director, LTFRB-Region X, this 30th day of January 2023 at Cagayan de Oro City, Philippines.

PAGE NO.95; BOOK NO.

the

Party(ies) opposed to the approval/ granting of the application must file his/her/its written opposition with supporting documents, unless this Board deems it necessary to require additional documentary evidence and/or his/ her/its oral testimony(s).

WITNESS, AMINODEN D. GURO, Regional Director, LTFRB-Region X, this 1st day of February 2023 at Cagayan de Oro City, Philippines.

(Sgd.) ATTY. MOHAMAD FAHDEL S. PIMPING

OFFICER

Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 FRI-SAT | FEBRUARY 3-4, 2023 5 corpWorLd KICKS/PAGE 7 Consumer spending seen
in 2023 Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City MELJAYE EQUIPMENT RENTAL CASE NO. R10 & TRUCKING SERVICE EV-TH-2023 Rep. by: MELANIE J. COLANTES, 01-116 NOTICE OF HEARING APPLICANT request for the Issuance of New Certificate of Public Convenience to operate TRUCK FOR HIRE(TH)SERVICE on the route :CAGAYAN DE ORO CITY and from the said place TO ANY POINT IN MINDANAO accessible to motor vehicle traffic Vice Versa and with the use of FOUR (04) unit/s. This application shall be considered by this Board on February 15, 2023 at 10:00 A.M. at this Board on which date Applicant shall formally submit his/her/its evidence. The Applicant shall publish said notice at least Ten (10) Days prior to the date of hearing once in a newspaper of general/ local circulation. Party(ies) opposed to the approval/ granting of the application must
his/her/its
opposition with supporting documents, unless this Board deems it
to require additional documentary
and/or his/ her/its oral testimony(s). WITNESS, AMINODEN D. GURO, Regional Director, LTFRB-Region X, this 30th day of January 2023 at Cagayan de Oro City, Philippines. (Sgd.) ATTY. MOHAMAD FAHDEL S. PIMPING HEARING OFFICER BWM : Feb 3, 2023 Republic of the Philippines Department of Transportation LAND TRANSPORTATION
to grow to 5.5%
file
written
necessary
evidence
10
A.M.
HEARING
BWM
3,
: Feb
2023
at 10:00 A.M. at this Board
on which date Applicant shall formally submit his/her/its evidence.
The Applicant shall publish said notice at least Ten (10) Days prior to the date of hearing once in a newspaper of general/ local circulation.
(Sgd.) ATTY. MOHAMAD FAHDEL S. PIMPING HEARING OFFICER BWM : Feb 3, 2023
CLXXIX; SERIES
2022
Notarial Registry of ATTY. ELEUTERIO M. OBIAL, JR. BWM: Jan 27, Feb 3 & 10, 2023 RA Form No. 10.1 (LCRO) Republic of the Philippines Local Civil Registry Office Province of Lanao del Norte Municipality of Kapatagan NOTICE OF PUBLICATION In compliance with Section 7 of R.A. No. 10172, a notice is hereby served to the public that JEZEL
NO.475;
OF
under

BusinessWeek MINDANAO FEATURE

CREDIBLE

Fri-Sat | February 3-4, 2023

LGU builds citronella facility for talaandig farmers in Talakag, Bukidnon

DOST,

To widen the economic opportunities in Barangay Tagbak, Talakag, Bukidnon, the Department of Science and Technology establishes a citronella facility in one of its remote areas, Sitio Kalapat. In partnership with the Local Government Unit, around 15 Talaandig families are now capable of producing their own citronella oil from their own extensive citronella plantation.

The Talaandig Community in Sitio Kalapat, Barangay

Tagbak, Talakag, Bukidnon through their organization, Power Alternative Agenda in Mindanao, Inc. (PALAGMindanao, Inc.) will manage the citronella facility, featuring the newly installed Citronella Oil Processing through Hydrosteam Distillation.

Citronella oil is an essential oil obtained from the leaves and stems of two grass varieties of the citronella grass. The oil is used abundantly as a source of perfumery chemicals such

as citronellal, citronellol, and geraniol. These chemicals are in high demand as an ingredient in soap, candles and incense, perfumery, cosmetic, and flavoring industries in the Philippines and abroad.

DOST intervention comes with equipment, user-guide training, product development, business, and organizational management, and market-matching opportunities.

FARMERS/PAGE 7

UNLOCKED: The Philosophy of Teaching and Learning

Plato, a famous philosopher once said, “…for the object of education is to teach us to love beauty.” The primary purpose of education is to teach the love for what is true, good, and beautiful. But, to whom shall reality, goodness, and beauty be upheld?

The receiving end of whatever efforts teachers and school heads pour is our learners. They are the most essential aspect in the learning environment. They are the heart of instruction. They are the cause of our causes. Without them, schools would remain an empty edifice, and teachers would remain irrelevant. Hence, it is to them and for them that we impart not only knowledge but also wisdom, not only skills but also values.

Students are not blank slates without the natural capacity to think. Each learner is a potential genius. Each of them has the ability to understand for each of them has gone through series of personal experiences which shaped their prior knowledge. They have innate intelligences marked by heredity with unique interests and habits honed by time. Each of them is special and it is the role of teachers to unleash their maximum potential. So how should they be taught?

Recognizing the diversity

of learners, effective teaching comes from using a teaching style that matches the context of each learner. One can be a facilitator, a formal authority, a delegator, and or a personal model or demonstrator. Most of all, a teacher can be all-round flexible and adaptable teacher to cater to the diverse needs of learners and to ensure learning takes place in whatever learning delivery modality.

In line with the concept of Garner’s Multiple Intelligences theory, instruction should be varied and assessment tools too, to suit to the diversity of learners. With varying instruction comes the use of differentiated strategies/ methods in teaching. These methods to be employed require creativity thus requiring the capacity of being resourceful.

These methods may be discussion type, socialized recitation, inductive/deductive method, technology-intensified instruction, content-based instruction, projectbased, performance-based, and the likes. Generally, the best strategies those that would allow students to experience and discover learning firsthand for them to own it and learn it meaningfully. When student-centered activities are created, learning would be more personal, thus, more cherished.

In the instructional process, teachers must not act as the fountain of knowledge. Instead, teachers serve as the scaffold, the guide, facilitator of the learner as s/he goes through achieving the learning objectives. However, this doesn’t mean that after instructing our students, teachers can already leave them. They must help them explore and develop meaning constructions of the subject which they are studying. This can be achieved through ascertaining and activating prior knowledge, creating a supportive learning climate, helping students deconstruct existing concepts and rebuild more sophisticated ones, and encouraging reflective and metacognitive thinking.

When every truth is realized and every beautiful is appropriately taught, learners achieve optimum learning and eventually apply in their individual lives. They become not only knowledgeable but also well-rounded individuals. With that, there would be transformation of behavior, of attitudes, of perspectives. As Plato beautifully writes, “By maintaining a sound system of education, you produce citizens of good character and citizens of sound character, with the advantage of a good education, produce in turn children better than themselves…”

Republic of the Philippines

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region BRANCH 19

Cagayan de Oro City

SHERIFF'S NOTICE OF AUCTION SALE

EJF File Number 2022-1283

UPON EXTRA -JUDICIAL PETITION FOR SALE under Act 3135 as amended by Act 4118, filed by HOME DEVELOPMENT MUTUAL FUND with postal address at Pag-Ibig Fund Bldg., J.R. Borja Street, Cagayan de Oro City, (mortgagee) against MANSUETA B. CADAVOS (mortgagor), with address at Lot 14, Block 30, Kisan Lu Pag-Ibig City, Iponan, Cagayan de Oro City, to satisfy the mortgage indebtedness which as of June 23, 2022 amounts to TWO HUNDRED SIX THOUSAND PESOS & 44/100 (206,000.44) Philippine Currency, inclusive of interest and other charges and expenses of extra-judicial foreclosure and sale, the undersigned Sheriff or his deputies will sell at public auction on February 22, 2023 at 10:00 o'clock in the morning or soon thereafter, at RTC, Branch 19, Hall of Justice, Goldridge Bldg., Mastersons Avenue corner P.N. Roa Avenue, Upper Carmen, Cagayan de Oro City, to the highest bidder, for CASH and in Philippine Currency, the real property described herein-below, with all its improvements found thereon, viz:

"TRANSFER CERTIFICATE OF TITLE NO. T-207632”

(Registered in the name of Mansueta B. Cadavos)

"A PARCEL OF LAND (Lot 14, Block 30 Pcs-10-002661, being a portion of Lots 3594, 3596, 3597,3598, 3600, Cad-237 & Lot 3591-1, (LRC) Psd-128619), Situated in the Barrio of Iponan, City of Cagayan de Oro, Island of Mindanao. Bounded on the NE., along line 4-1 by Lot 13, Block 30; on the SE., along line 1-2 by Road Lot 16 (7.00 m. wide); on the SW., along line 2-3 by Lot 15, Block 30, all of the consolidation subdivision plan Pcs-10-002661; on the NW., along line 3-4 by Lot 6633, Cad-237, Cagayan Cadastre. Beginning at the point marked "1" on the plan. XXX, containing an area of ONE HUNDRED FORTY (140) square meters, more or less."

All sealed bids must be submitted to the undersigned on the above-stated date, time and place.

Prospective buyers/bidders may investigate for themselves the Title of the property above-mentioned and all encumbrances thereon, if any there be.

In the event that said auction sale on February 22, 2023 will be declared holiday or non-working day, the same will continue on the next working day without need of further notice, publication and posting.

Cagayan de Oro City, January 9, 2023.

FOR THE EX-OFFICIO

6
Editor: GILBERT Y. CHAO
RELIABLE IN-DEPTH
BWM: Jan. 20, 27 & Feb. 3, 2023
PROVINCIAL SHERIFF: (SGD) RAUL L. SALCEDA Sheriff IV
CPA lawyer Jenny Uplinger dons a Higaonon dress and models for Cagayan de Oro-based visual artists who did an on the spot portraiture sketching as part of the two-day Art Kai festival February 2 at Limketkai rotunda. It is one of Limketkai Mall's efforts to support local. PHOTO BY MARK FRANCISCO DOST Bukidnon officially turnovers the Hydrosteam Distilling equipment for the citronella facility to the Local Government Unit of Talakag and to the beneficiary, Power Alternative Agenda in Mindanao, Inc. (PALAGMindanao, Inc.) on December 20, 2022 at itio Kalapat, Barangay Tagbak, Talakag, Bukidnon

Jica...

from page 1

‘Klarex’ Uy, said this following Thursday morning’s meeting of the reclamation board.

During the meeting, Balquin said the city was unable to meet the IFC’s requirement that it generate 65 percent of its revenues locally for the past three years.

Owing to the COVID-19 pandemic, Cagayan de Oro City generated 55 percent of its revenues locally.

Despite this, representatives of the regional office of the National Economic Development Authority (NEDA-10) suggested during the meeting that City Hall secure funding from donor countries like Japan, South Korea and the European Union whose development goals align with City Hall’s reclamation initiatives.

Councilor Cabanlas also said the City Reclamation Authority will communicate with the Cebu Reclamation Board for their input on how they implemented their reclamation projects such as the South Road Properties (SRP).

“Their input will be used by the city as a benchmark or reference on how they were able to complete their reclamation projects such as the SRP,” Cabanlas said.

Aside from the Cebu Reclaimation Board, Cabanlas said they are also waiting on the arrival of top Philippine Reclamation Authority (PRA) officials to consult them on the requirements for pursuing reclamation projects.

“The city’s reclamation master plan will be our ‘Bible’ for any reclamation projects to be approved in the city and we need the PRA’s inputs on how to develop and expedite our reclamation program,’ he said. (With reports from Stephen Capillas of City Information Office)

Relief...

from page 1

Officer of DSWD -10 said the food and nonfood items came from the agency’s National Resource and Logistics Management Bureau.

“These include 33,302 family food packs, 3,000 hygiene kits, 2,186 kitchen kits, 3,000 sleeping kits and 300 family tents,” Veloso said.

She said that 15,000 family food packs, 186 hygiene kits and 100 sleeping kits were allotted for flood victims in Caraga Region.

She said 233 families or 710 individuals have remained in 21 evacuation centers in Misamis Occidental and Misamis Oriental.

She added they expect to finish unloading the relief goods on Friday, Feb. 3.

Marawi...

from page 1

Bersamin administered the oath of office to its chair, lawyer Maisara DandanumLatiph, in Malacañang.

Bersamin signed the appointment of Latiph and eight members of the Marawi Compensation Board last January 13.

Latiph is a former legislator-member of the Bangsamoro Transitional Authority, the interim government in the Bangsamoro Autonomous Region of Muslim Mindanao (BARMM), during the Duterte administration.

Also appointed to the compensation board are Sittie Aliyyah Lomondot Adiong, Dalomabi Lao Bula, Mustapha Dimaampao, Jamaica Lamping Dimaporo, Mabandes Sumndad Diron Jr., Moslemen Macarambon Sr., Romaisa Lomentong Mamutuk, and Nasser Macapado Tabao.

Lininding said they expect the board to convene immediately and set the implementing rules on the distribution of the P1-billion compensation package for the affected residents.

The board is tasked to facilitate the tax-free payment of reparations to residents who lost residential and commercial properties during the fighting.

The law also grants private property owners compensation based on the sum of the current market value of the land and the replacement costs of structures and improvements.

The Marawi Reconstruction and Conflict Watch, a non-government organization, hailed the formation of the MCB, noting that five of its members are women.

“The government made good its promise to compensate Marawi war victims with a reparation board that is truly independent, inclusive and led by women,” the group said.

RA 11696 was signed into law by then President Rodrigo Duterte on April 13 last year and published in the Official Gazette on April 27.

Reckoned from publication date, it became effective on May 12. The IRR is supposed to have been promulgated “within 60 days” or on or before July 12, 2022.

The board is tasked to promulgate the IRR of RA 11696.

Mindanao... from page 1

wrongly pointing to it as the approving authority in all government projects that would be implemented in Mindanao, and even in other parts of the country. "My only role is to monitor the status and evaluate the implementation of national programs and projects in Eastern Mindanao,” Magno clarified. He also warned any personality not to use their office for any fraudulent transactions, even as he made it clear that they are not in any way dipping their fingers into the implementation and awarding of government projects. "I am issuing this statement to clarify this matter and to issue a warning

to anyone and everyone who wants to put this office in a bad light and use the same for their self-vested interests," Magno explained. (PNA)

Drone...

from page 2

balansihan, talingtingan, bagalug and ulayan, which are all endemic tree species referred to and approved by the PAMB. "The seeds were based on the recommendation from CMU (Central Mindanao University) which have ample data on Mt. Kalatungan's endemic plants," Guno said. Seeds will be bought from the IP communities in the area that regularly conducts seed collection straight from the source in the mountain. Mt. Kalatungan is the Philippines' fifthtallest peak and home to at least 129 animal species and 342 plant species. (PNA)

Bangko...

from page 3

inflation likely peaked last December and is forecast to return to within the government’s 2 to 4 percent target band by the second half of this year.

After breaching the government’s target band in April 2022 when it climbed to 4.9 percent due mainly to elevated oil prices and the impact of supply issues on several food items, inflation last December accelerated further to 8.1 percent, the fastest since November 2008.

The average inflation last year stood to 5.8 percent. (PNA)

BPI...

from page 3

of its account holders. This is aimed at “making banking convenient and not a chore”, he added.

During the event, BPI chief executive officer (CEO) and president Jose Teodoro Limcauco said they aim to increase the number of their account holders by teaming up with existing business clients that will serve as agent between BPI and potential clients.

He said the partnership with Lazada serves as a big springboard for this goal since although shipping fee is an issue among Lazada customers, especially those in far-flung areas, this is not true for BPI transactions through the app since “ours has no shipping so the penetration is there.” “I think the success of our products is that it’s so much easier for us to go to Lazada than to go to a branch… where you need to use some transport. Even if you pay P1 for a transaction, it’s still cheaper than a pamasahe (transport fare),” he added. Lazada customers can avail of the bank’s products and services at a fee of P1.

Any approved applications, such as for loans, will be coursed through short messaging system (SMS) or

e-mail, the bank said.

Limcauco said tapping other business entities is “part and parcel of our strategy to grow our business across.” He said: “I think when we report our numbers next Monday, people will be very surprised, will be happy with our numbers.” “This year, 2023, we should improve on this numbers. And our growth will come from new customers, better products, (and) better customer service,” he added.

(PNA)

Road...

from page 4

God to change the facts of right and wrong so I can live my own way. And what if God said it was OK for me to do the wrong thing I want to do? Then how would I feel if God let someone else do that wrong thing to me or to someone in my family? He shows us His right ways for our happiness and safety! Jesus declared that He is the only way to true life. Follow Him and He will lead you where you want to go. He knows this land called life. He made it. Trust Him.

So won’t you ask Jesus to forgive you for living your way? Then ask Him to take full charge of your heart and daily way of living, so you can stop taking wrong turns and dead-end streets. He is the only One Who can lead you off the long and winding road to the straight and only way home, where your satisfying, everlasting life is waiting for you. Just think a minute…

Heart...

when the punch came the US was shocked by the capabilities of the combined power of the Chinese armed forces.

Kicks...

from page 5

“Overall, strong domestic demand fed into higher optimism for the year ahead. Moreover, the lack of Covid(-19) restrictions, greater investment in new products and undertaking new projects aided hopes of a prosperous year for the Filipino manufacturing sector,” Baluch said. (PNA)

Farmers...

from page 6

Aside from the technology, included in the project is the testing to check the quality of the oil at the DOST Industrial Technology Development Institute (ITDI) laboratory.

After the installation in December 2022, the farmers are now waiting for the results of the laboratory testing and will resume their production this February.

During the turnover of citronella equipment, together with the beneficiaries are representatives of the Local Government Unit of Talakag. They have expressed their gratitude and support to the project. "We are thankful to DOST for bringing an opportunity to develop the economic growth of the LGU through this new entrepreneurship form citronella processing”, said Alberto Bigcas, municipal administrator.

Globe...

from page 8

•Pagudpud, Ilocos Norte (Cultural and Sports Complex)

•Limay, Bataan (Sports Complex)

•Lian, Batangas (covered court)

•Sablayan, Occidental Mindoro (municipal grounds)

•Pilar, Sorsogon (Bonifacio Covered Court)

•Lemery, Iloilo (covered gymnasium)

•Malabuyoc, Cebu (municipal covered court)

•Tanauan, Leyte (Tanauan Civic Center)

•Josefina, Zamboanga del Sur (covered court)

•San Fernando, Bukidnon (municipal gymnasium)

•Kiblawan, Davao del Sur (Mata’s Gym)

•President Roxas, Cotabato (municipal gymnasium)

•City of Bayugan, Agusan del Sur (City Hall compound)

•Kapangan, Benguet (covered basketball court/ gym)

SIM Registration booths are open to all, especially senior citizens, PWDs, those using basic/feature phones or those without internet access.

To register, the following information must be ready:

•Full name

•Date of birth

•Sex

•Address

•Government ID with photo

•Mobile number

only in non-rush hour periods.

I;m not too sure if there’s an existing ordinance to that effect in Cagayan de Oro but if there is, City Hall through the Roads and Traffic Administration (RTA) should enforce it. Aside from the glut of private vehicles like motorcycles, trucks contribute to the heavy traffic congestion in the city.

I can only thank God that I don’t have to deal with that problem everyday back home in Rockingham, North Carolina but this traffic congestion is a daily ordeal for my loved ones back in Cagayan de Oro and nearby Tagoloan town in Misamis Oriental. I don’t expect this to be resolved anytime soon, but I join the others in appealing to local leaders to address this situation.

from page 4 Agenda...

from page 4

afford to be adventurous these days as its forces are too spread out around the world and the recent experience of problems resupplying Zelensky in Ukraine due to the deindustrialized state of the US economy demonstrates that it can not face China in a conflict over the next five years and hope to succeed.

China has shown and continues to hold its punches preferring to maintain equanimity in the face of US provocations and responding only tit-for-tat after a provocation, as in the wake of the Pelosi visit last year, but

DOST Bukidnon

Provincial Director Ritchie Mae L. Guno also emphasized that to attain sustainable development, upgrading human capital is very important.

This project was made possible through the Community Empowerment through Science and Technology (CEST) program implemented by DOST Bukidnon. This is the second citronella project in the province spearheaded by DOST for the year 2022.

This is the second citronella extraction project established through DOSTCEST. The first is in Sitio Impahanong, Barangay San Luis, Malitbog, Bukidnon. Both will supply their products to the institutional buyers that produce commercial insect repellants and skin care products. (Jenifer O. Pancho/DOST Bukidnon)

Globe also supported the first round of government-led SIM registration assistance, deploying booths to 15 areas from January 25 to 27. It has also started rolling out its own SIM registration assistance desk across the country, partnering with Puregold from January 27 to 29 to provide help to SIM users. Globe also recently held assisted registration for festival goers at the Sinulog Festival in Cebu and the Dinagyang Festival in Iloilo.

Globe’s online SIM registration platform, https:// new.globe.com.ph/simreg, is accessible 24/7 for Globe and TM users to register their SIMs. The GlobeOne app will also soon be enabled for SIM registration to give customers greater convenience while providing exclusive deals and offers.

As of January 31, Globe has logged over 11 million registered prepaid SIMs. Globe is again urging its customers to plan and schedule their registration, as failure to do so within deadline will lead to SIM deactivation.

FRI-SAT | FEBRUARY 3-4, 2023 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 7
Notice R.A. 10172 NOTICE TO THE PUBLIC CCE-006-2023
25, 2023
compliance with the publication requirement and pursuant to OCRG Memorandum Circular No.2013-1 Guidelines in the implementation of the Administrative Order No. 1 Series of 2012 (IRR on R.A. 10172). Notice is hereby served to the public that AARON PAUL ESPARES ALMONIA has filed with this Office a petition for correction of entry in sex from “ FEMALE ” to “ MALE” in the certificate of live birth of AARON PAUL ESPARES ALMONIA at Medina, Misamis Oriental and whose parents are VICENTE SUMONOD ALMONIA and FELISA ANSALE ESPERAS Any person adversely affected by said petition may file his written opposition with this office not later than February 08, 2023 . FRIETCHIE VIRTUDAZO-REYES Municipal Civil
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BusinessWeek

MINDANAO FEATURE

CREDIBLE RELIABLE IN-DEPTH

Globe joins NTC-led assisted registration in 30 more areas

Globe, the leader in Mobile, is kicking off February with its continuing participation in the SIM registration assistance initiative led by the government, deploying booths in 30 more areas.

From February 1 to 3, Globe will provide SIM registration assistance in farflung towns from northern to southern provinces to reach as many customers as possible before the April 26, 2023 deadline.

“We are undertaking a multi-pronged effort to be as inclusive as we can in the SIM registration process. Globe is there for our customers whether online or offline. We will work alongside the government all the way in bringing support for SIM registration on the ground where our customers need us,” said Cleo Santos, Head of Globe’s Channel Management

Group.

Residents in the following towns may proceed to these locations if they need help to register their Globe or TM SIMs.

February 1, 2023

•Gattaran, Cagayan (in front of town hall)

February 2, 2023

•Bangui, Ilocos Norte (Tourism Building)

•Allacapan, Cagayan (in front of town hall)

•Florida Blanca, Pampanga (Barangay Nabuklod covered court)

•Lemery Batangas (municipal covered court)

•Gasan, Marinduque (municipal covered court)

•Bacacay, Albay (Bacacay East Central School Covered Court)

•Madalag, Aklan (covered court)

•Oslob, Cebu (covered court)

•Tolosa, Leyte (town gymnasium)

•Sergio Osmeña, Zamboanga del Norte (town gymnasium)

•Baungon, Bukidnon (municipal covered court)

•Laak, Davao de Oro (town gymnasium)

•Antipas, Cotabato (municipal public terminal)

•Esperanza, Agusan del Norte (municipal covered court)

•Tublay, Benguet (covered basketball court/gym)

February 3, 2023

8 Fri-Sat | February 3-4, 2023
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