BusinessWeek Mindanao (January 24-25, 2022)

Page 1

BusinessWeek M I N DA N A O CREDIBLE

Volume XII, No. 96

Market Indicators

X

US$1 = P51.37

0.03 cents

PHISIX 7,293.52

52.24 points

RELIABLE

X

Briefly Mining review DAVAO City – Newlyappointed Mindanao Development Authority (MinDA) chair Maria Belen Sunga Acosta said extractive industry practices need thorough review and operations of mining firms require close monitoring. In a statement, Acosta acknowledged the contribution of the industry as one of the country’s economic drivers. She added though that the review and monitoring of the mining industry are needed to “prevent pollution and contamination, distortion of ecological balance and damage to water systems.”

Food security THE Department of Agriculture-Bureau of Fisheries and Aquatic Resources (DA-BFAR) could use more financial backing to support its vision to achieve food security even as it defended the plan to import fish to address shortage. DA Undersecretary for Agri-Industrialization and Fisheries Cheryl NatividadCaballero said in an interview Friday that BFAR received lower funds compared to other agricultural agencies. Thus, the goal to intensify fish production is limited and will depend on the given budget.

IN-DEPTH

NGCP warns of thin supply this summer www.businessweekmindanao.com

AS OF 6:00 PM JANUARY 22, 2022 (SATURDAY)

FOREX

YOUR MINDANAO-WIDE BUSINESS PAPER

Mon-Tue|January 24-25, 2022

By MYRNA M. VELASCO, Contributor

S

YS T E M o p e r a t o r National Grid Corporation of the Philippines (NGCP) has raised alarm bells of ‘thin power supply’ during the summer months – April to June.

NGCP forthrightly stated there will be “thin power supply this summer due to higher demand in the new normal,” especially so since the country is now pacing for economic recovery from the blow of the Covid-19 pandemic. NGCP said that if aggravated by forced outages of power plants and the lingering gas restriction from the Malampaya field, the thin power supply could descend Luzon grid into rotational blackouts. With power supply getting strained to breaking point, the transmission firm pointed out that one saving grace – especially for the main power grid of Luzon – will be to embrace “energy efficiency and conservation”, which is a demand-side management (DSM) WARNS/PAGE 11

VITAL COMMUNICATION LINK. A group of generous individuals install a radio antenna in San Isidro town in Siargao Island on Friday, January 21. The antenna has linked the southern and northern portions of Siargao Island since super typhoon “Odette” toppled towers and cut most of the communication lines. mindanews photo by roel n . catoto

Marawi residents rebuild homes amid gov’t rehab efforts BUILDING permits have been released to 865 internally displaced families in Marawi City, allowing them to start the reconstruction of their war-torn houses inside

Economic outlook THE Philippine economy is seen to have expanded by 5 percent in 2021 and is forecast to grow by 7.5 percent this year, an economist of Standard Chartered Bank said Friday. Both gross domestic product (GDP) projections are within the inter-agency Development Budget and Coordination Committee’s (DBCC) assumption of a 5 percent to 5.5 percent expansion for last year and a 7 percent to 9 percent assumption for 2022. In a virtual briefing, Jonathan Kho, Standard Chartered Bank economist for Asia and the Philippines, said the projected quarteron-quarter output for the last quarter of 2021 is 6.5 percent, higher than 3.8 percent from July to September that year.

P15.00

the most devastated area, Task Force Bangon Marawi (TFBM) reported on Friday. Department of Human S ettlements and Urban REBUILD/PAGE 11

NO BUILD ZONE. The Department of Enviroment and Natural Resources has placed billboards by the beach all over Siargao Island warning residents not to build houses and other structures within 20 meters (40 meters if the area is considered timberland) from the coastline. This sign was spotted at the municipality of Burgos on Saturday, January 22. mindanews photo by roel n. catoto

Modern agro practices highlight 2022 plans for MisOr technoparks THE University of Science and Technology of Southern Philippines (USTP) has begun laying down the foundation for its proposed "technoparks" in Misamis Oriental province, with enhanced innovative agricultural practices and urban farming being the project's highlights. In an interview Friday, Angelie Azcuna-Collera, USTP's head of Center for Human Development (CHD)

and convenor of the Gulayan sa Kabalayan (GSK), said the Claveria campus in Claveria, Misamis Oriental has already proposed the "Agropolis" Science and Technology (S&T) park. "The GSK project falls under the Agropolis S&T Park that promotes food security in urban areas. Agropolis S&T park intends to establish a food secured community by enhancing agriculture

practices via S&T solutions," she said. GSK was an urban farming initiative that was originally established during the series of lockdowns in 2020 as the coronavirus disease 2019 started. Collera, on the other hand, said the CHD is the harmonizing unit of the USTP as it advances human d e vel opme nt am i d t he AGRO/PAGE 11

Editorial and advertising email : businessweekmindanao@gmail.com • Cell Number : 0917-7121424 • 0947-8935776


2

Local

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

MON-TUE|JANUARY 24-25, 2022

BOC-10 chief warns smugglers' attempts in defrauding gov't anew

T

HE Bureau of Customs (BOC) 10 (Northern Mindanao) has warned suspected smugglers anew that they will not get away with their attempts to defraud the government. In an interview on Friday, BOC-10 district collector, lawyer Elvira Cruz, said the interception and seizure of wrongfully declared cigarettes would not be the end of it as they will continue to conduct operations alongside partner government agencies. “This will send a strong message to smugglers that the agency is serious in strengthening its border protection and will not tolerate unscrupulous individuals that will attempt to defraud the government of rightful revenues," she said.

On January 20, the BOC-10 seized cigarette contraband estimated to be worth P8 million at the Mindanao Container Terminal (MCT) sub-port in Tagoloan, Misamis Oriental. The manifest stated

that "used furniture" was inside the containers. This was the agency’s second operation that led to the confiscation of imported cigarettes this month. Oliver Valiente, Customs Intelligence

and Investigation Service (CIIS) chief for Northern Mindanao, said they received information early this month that smuggled items are to arrive at the MCT. He said the CIIS acted on the tip by requesting

Cruz to issue a prelodgement control order against the shipment for possible violation of Republic Act 10863 or the Customs Modernization and Tariff Act. A pre-lodgment control order refers to a

written order issued by the Customs commissioner, district collector, or other customs officers authorized in writing by the commissioner, before the lodgment of goods declaration or when WARNS/PAGE 11

In the spirit of the much-loved ‘Bayanihan’, pursuant to the whole-of-government recovery effort, TESDA, in coordination with Silo-o Punong Barangay Pepito Dominguez, Barangay Council members, Municipal Disaster Risk Reduction and Management Office, and the entire Malitbog municipal government, work closely with TESDA to demonstrate the TESDAmayan, January 18 by rebuilding the houses damaged by Typhoon Odette last December. (TESDA-Bukidnon)

TESDAmayan helps fix homes in storm-hit village of Malitbog MALAYBALAY CITY, Bukidnon—The ‘TESDAmayan’ was on full display when teams led by Bukidnon Provincial Director Vicente E. Cruz volunteered and offered services in typhoonaffected Silo-o village

in Malitbog, Bukidnon, January 18. In the spirit of Bayanihan—pursuant to the whole-of-government recovery effort—the Technical Education and Skills Development Authority (TESDA),

in coordination with Malitbog town Mayor Osmundo N. Dela Rosa, helped rebuild damaged houses and distributed relief packs. Silo-o was greatly affected by Typhoon FIX/PAGE 11

Sexuality Education LESLEY G. GAMUTIN Teacher 1, Bugo Central School

As children grow they face important decisions about relationships, s exuality and sexual behaviour. The decisions they make can impact their health and wellbeing for the rest of their lives. Young people have the right to lead healthy lives and society has the

responsibility to prepare youth by providing them with comprehensive sexual health education that gives them the tools they need to make healthy decisions. It is not enough for programs to include discussions of abstinence and contraception to help young people avoid

unintended pregnancy or disease. Comprehensive sexual health education must do more. It must provide young people with honest, age-appropriate information and skills necessar y to help them take personal responsibility for their health and overall well-being. Sex education is the provision of information about bodily development, sex, sexuality and relationships along with skills-building to help young people communicate about and make informed decisions regarding sex and their sexual health. Sex education should occur throughout a students` grade levels with information appropriate to students` development and cultural b a c k g rou n d . It s h ou l d include information about puberty and reproduction, abstinence, contraception and condoms, relationships, sexual violence prevention, body image, gender identity and sexual orientation. It should be taught by trained teachers. Sex education should be informed by evidence of what works best to prevent unintended pregnancy and sexually transmitted infections, but it should also respect young people`s right to complete and honest information. Sex education should treat sexual development as a normal, natural part of human development.


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

MON-TUE|JANUARY 24-25, 2022

3

Feature

SM Foundation opens online applications for scholarship program SY 2022-2023 SM Foundation (SMFI) invites incoming college freshmen to apply for the SM College Scholarship program for School Year 20222023 via its online application portal from January 15 to March 15, 2022. The SM Scholarship Program started from the vision of the late SM patriarch, Henry “Tatang” Sy, Sr. He believed that if you send one child from an economically challenged family to college, that child would have more opportunities to have gainful employment and later on uplift the economic status of his/her family. The SM scholarship program is open to the following: • Grade 12 graduates from public and private schools in the areas covered. Applicants from

private schools must have a DepEd voucher and must be Grade 10 finishers from public high schools; • General Weighted Average grade of at least 92% or its equivalent for Grade 12 – 1st semester; and • Total household income of at most P150,000 per year. The program covers the following field of studies: Computer Science, Information Technology, Engineering (Civil, Electrical, Mechanical, Computer, and Electronics), Education (Elementary and Secondary); Accountancy, and Financial Management, among others. For more information and to apply, visit www. sm-foundation. org and follow SMFI on Facebook,

SM Scholars’ General Assembly in 2019

Twitter, Instagram, and YouTube: @ SMFoundationInc. SMFI, through its

Scholarship program, provides deserving and qualified students with access to college

education and technical-vocational studies since 1993. To date, SM has

produced more than 8,000 college and tech-voc scholargraduates.


4

Opinion

The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463-826-272-000 – VAT. Reg., and with Business Permit No. 2020-04015. Tel. Nos.: (088)856-3344, (088) 810-100, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

BUSINESSWEEK MINDANAO CORPORATION Publisher DANTE M. SUDARIA President/CEO ALLAN MARIO MEDIANTE Vice President for Corporate Affairs RUFINO T. MAGBANUA Vice President for Business Development VICENTE C. DELA VICTORIA Vice President for Operations JOE FELICILDA Vice President for Administration JOE PALABAO Vice President for Marketing ROSE MARY D. SUDARIA, PhD Vice President for Finance MIKE BAÑOS Vice President for Digital

NELSON CONSTANTINO Editor-in-Chief

MIKE BAÑOS

JUN AYENSA

Motoring Editor

Regional Editor - Caraga

MIKE BAÑOS Contributing Editors

ATTY. ANTONIO S. SORIANO

Feature Editor

2f, ICS Building Tel.No.: 881-0176 Tiano cor. Montalvan sts. Legal Counsel

CLIFFORD SANTILLAN

ATTY. MARIO T. JUNI

JOE PALABAO

Life is literally just like a roller coaster. We go up, we go down. We wait for a time when it all evens out and we can trust that the falls are over. It doesn't come. Yes, nowadays, for many of us life is indeed an emotional roller coaster. All over the world. Political instability, wars, terror attacks, climate change with extreme natural disasters, questionable global e c on om i c a l s itu at i ons , illnesses AND diseases... Questions about how to proceed and move on and nobody really has a correct answer. How then? As usual, a day starts with a traffic jam and continues with terrible conditions at any workplace. The crab mentality seems to have become nothing unusual now. In any case: everyone for himself. Each one by himself/herself/itself alone

SPEAKING OUT

MANILA OFFICE: 9th Floor, Unit 918, CityLand Herrera VA Rufino Cor. Valero St., Salcedo Village, Makati City Tel. # : 5555392,Cell Nos.: 0955-366-5968 | 0918-527-5898 CECILIA FRESNIDO-HONRADE - New Marketing Manager

DAVAO MARKETING OFFICE Door 223, Doña Segunda Bldg., CM Recto Ave., Davao City Telephone #: (082) 298-8815 Regional Mktg Manager-JOE PALABAO- 0926-8430152 Circulation-JOHN PAUL AQUINO, 0907-331-5640 OSCAR LEDESMA Bureau Chief, Bukidnon Contact No.: 0916-910-0019

Member: Philippine Press Institute Oro Chamber

Overcoming obstacles Think a minute… Jesse Owens was a world-class athlete in track and field in the 1930’s. He was told that because he was a black, African American, there was no way he could win against t he w hite Nazi German athletes at the world Olympics in 1936. That year the Olympics were held in Berlin, Germany. Adolf Hitler, the Nazi dictator, refused to even look at the African American athletes. The white German athletes were praised and cheered on the field, while Jesse Owens and the other American athletes were insulted and ignored. Yet Jesse did not let Hitler’s cruel prejudice intimidate or stop him. In fact, he was determined more than ever to reach his goal of doing his best. “One of the great joys in life is doing what people say you can’t.” Jesse made mistakes in his first two long jumps, but he did not let that discourage him. Then, on his last jump, Jesse won! He went on to win all three other events in which he competed. So Jesse Owens came home to

THINK A MINUTE

is quite nice, but together...? Do we have a problem? So what! It's not everyone's cup of tea. Life seems to be nothing, just being ready to riddle one with bullets. Life seems to be nothing, just being broken through indifference and unreliable and immoral behavior. Life seems to be nothing for those people who don't understand cries from the heart of other people around them - cries for their hearts and families, for justice and for many other things. Life with all its ups and downs, is just a loan, but for many of our fellow creatures it just seems to be nonsense to be littered like a dump. And, if people try to survive, especially during these days, and if they just experienced (once more!) indifference, arrogance, ignorance or cheating by whomever - they

will give up! I can assure you that every one of us can at first help in prayers and in reading the bible. "Proverbs" is the probably most down-to-earth book in the bible. Its teachings prepare you for daily life, the street and the market place, but not for the schoolroom. The book offers warm pieces of advice you get; practical guidance for making your way on earth. Proverbs covers any kinds of questions you might have right now. Anybody can relate to the generalities of Proverbs, because this book simply tells how life works most of the time. While writing this piece, I observed that more and more people struggle through life: tired, hopeless, experiencing their rock-bottoms, believing in fallacious "people" around them. Can a roller coaster go on forever?

HAVE MY SAY

KLAUS DORING We all know, though, that roller coaster rides don't last forever. That's because the roller coaster loses energy to other forces as it does loop-the-loops, curves, and other hills along the way. This friction slows the roller coaster gradually, as does the air that you fly through as you ride the ride. Our emotions can feel like a roller coaster ride when we allow our thoughts and LIFE/PAGE 11

Covid surge in Muntinlupa

Juni Law Office Cruz Taal St., CDO Legal Counsel

RIVA FELICILDA Advertising

MON-TUE|JANUARY 24-25, 2022

Another roller coaster life

Cell No: 09352379999

Layout Artist

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

IGNACIO BUNYE Tracking the surge in new COVID cases in the National Capital Region, Muntinlupa City reported on January 14, the highest single day spike since the start of the pandemic. Muntinlupa logged 1,251 new daily confirmed cases. Barangay Putatan, where the city hall is located reported the highest number of active cases with 297. The other barangays reported new cases as follows: Poblacion – 200; Ayala Alabang, 157; Cupang, 153; Alabang, 141; Tunasan, 120; Sucat, 99; Bayanan, 62 and Buli, 22. This is quite a turnaround from only two weeks ago when Muntinlupa registered single digit in terms of new cases . On December 16, only 7 new cases were reported with s e veral barangays

reporting zero cases. To date, Muntinlupa has had 31,965 confirmed cases. 27,754 recovered while a total of 586 have died. Wi t h t h e s p i k e o f COVID-19 cases in the city, Mayor Jaime R. Fresnedi reiterated his appeal for the public to take extra caution and strictly observe minimum public health standards. The city government is also stepping up its vaccination drive, to include the vaccination of minors. As of January 5, at least 444,539 doses of COVID-19 vaccine were administered in the city or 116% of the target. Of the total, 369,044 were fully vaccinated or 96% of the target. While, at least 29,029 received their booster shot. I got my booster shot last January 11. Muntinlupa City Health Officer Dr. Juancho Bunyi recently strengthened contact tracers and barangay health emergency response teams (BHERTs) for the strict implementation of the mandatory quarantine of C OV I D - 1 9 p o s it ive individuals. In a related move, the Muntinlupa City Council

passed an ordinance limiting the mobility of unvaccinated individuals as a response to the alarming rise in active cases of COVID-19. According to Majority Floor Leader Raul Corro, all unvaccinated individuals Muntinlupa shall “remain in their residences at all times except for the procurement of essential goods and services.” Unvaccinated residents are also prohibited in indoor and al fresco dining in restaurants, food establishments, malls, hotels, event venues, sports and country clubs. In addition, those who are not vaccinated will not be allowed domestic travel via public transportation by land, sea, and air except for the procurement of essential goods and services subject to the production of proof to support and justify such travel. Those availing the services of the City and Barangay shall be required to present Vaccination Card or RT-PCR result, physical or digital copy, showing proof of their full vaccination or negative COVID-19 status before entering any government office.

Violators will be penalized with a fine of P5,000.00 or imprisonment of one year. Covid briefs from overseas Tw o prominent personalities are in hot waters for violation of Covid 19 protocols. British Prime Minister Boris Johnson is under severe criticism and is at risk of being unseated following an expose that he sponsored/organized a “bring your own booze private party” at the height of the initial lockdown in Britain almost two years ago. Quite the reverse in the case of our own police general who even went on to become police chief after celebrating his birthday in violation of protocol. World No. 1 Tennis player Novak Djokovic’s Australian visa was revoked when it was revealed that he has not been vaccinated. A wise guy cracked: “What do you expect? His name is No Vax.” In Israel, the government is now laying the groundwork for the implementation of a second booster shot. That’s 4 vaccinations. In the Netherlands, they are starting to think about 6 shots! COVID/PAGE 9

JHAN TIAFAU HURST

Adaptive and consistent amid the new and the old

America with a record four Olympic Gold Medals! A Japanese proverb says: “If you fall down seven times, stand up eight times.” We all fail and fall down. That’s OK. But to stay down and not try to get up again, that is sad and serious because you give up hope. Remember: “We all fail—at least the best of us who are brave enough to try something new.” So just because you may lose sometimes does not mean you are a loser. The famous inventor Thomas Edison said: “Many people who failed in life did not know how close they were to success when they stopped trying.” OBSTACLES/PAGE 11

“No one pours new wine into old wineskins. Otherwise, the wine will burst the skins, and both the wine and the skins are ruined. Rather, new wine is poured into fresh wineskins.” (Mk 2,22) With these words of Christ, we are somehow reminded that we have to learn how to blend the new things and the old ones, the innovative and the traditional that we unavoidably encounter in our life. Yes, we also have to learn how to be adaptive to all the varying situations in our life while observing a certain consistency, so we do not get confused and lost, and would still be on track to pursue our ultimate goal in

life. We need to know how to blend the traditional and the innovative, the old and the new, the absolute and the relative, the more or less stable culture and the appropriate passing fads. Given the naked reality on the ground, we need to examine and question the status quo of our life many times, since we tend to do well at the beginning of any endeavor, then start to deteriorate as we go along, until we end up badly. This has always been our lot and we should not be surprised by it anymore. And much less should we feel helpless about it, since there are many things we can do to

renew ourselves continually, neutralizing the bad effects of our complacency, if not taking advantage of it to produce a greater virtue. This latter case can happen if we have the proper faith and attitude. As St. Paul would put it, “For when I am weak, then I am strong.” (2 Cor 12,10) With Christ, death itself can give rise to our resurrection to eternal life, our final victory. Among the things that we can do to counter our tendency to get accustomed to things and to fall victim to the desensitizing effect of complacency, routine and lukewarmness are the daily effort to make a good examination of conscience,

HINTS AND TRACES

ROY CIMAGALA a monthly recourse to a day of recollection, and a yearly spiritual exercise called a closed retreat. These are good occasions to look more closely into how ou r spi r itu a l and moral life has been faring, and to see, in a manner of ADAPTIVE/PAGE 11


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

MON-TUE|JANUARY 24-25, 2022

OPMC seeks to explore in Zambales, Dinagat Islands ORIENTAL Petroleum and Minerals Corp. (OPMC) has applied for permits to explore in Zambales and the Dinagat Islands for nickel and other associated metals, it said in stock market disclosure on Thursday. It said applications were submitted to regional offices of the Mines and Geosciences Bureau for five areas in Zambales spanning around 13,816 hectares and two areas in Dinagat Islands covering around 863 hectares. It said three out of the five areas in Zambales were already designated by the mining bureau’s office in Central Luzon with separate exploration permit application numbers. The mining company said it is “authorized to conduct exploration and production of petroleum, minerals and renewable energy.” Another disclosure will be posted to the Philippine Stock Exchange once the applications are converted to exploration permits, according to OPMC. The company’s move to apply for exploration permits comes after the

5

CorporateWorld

government lifted the four-year ban on open-pit mining on Dec. 23. Incorporated in 1969, OPMC is a local exploration and production company engaged in upstream petroleum activities in the country. Its petroleum operations are located mainly in Northwest Palawan. Most of its operational activities depend on its service contracts with the government. OPMC has three wholly owned subsidiaries, namely: Oriental Mahogany Woodworks, Inc., Linapacan Oil Gas and Power Corp., and Oriental Land Corp. In the third quarter of 2021, the company reported a net loss of $845,403, turning around from a net income of $1.29 million in the same quarter in 2020. For the JanuarySeptember period last year, however, the company posted a net income of $529,086, although lower by 82.2% than the $2.98 million recorded in the same three quarters a year earlier.

Philex eyes stock right offer for Silangan mine capex

P

HILEX Mining Corp. said it plans to partially fund initial capital expenditure (capex) requirements of the first phase development of its Silangan copper-gold project in Surigao del Norte through stock rights offerings. “The initial plan for a grander development would have required about P38 billion or about $760 million but the outcome of the various discussions with potential foreign investors have forced Philex to prioritize and pursue the development on its own under the In-Phase Mine plan,” Philex Chief Finance Officer and Treasurer

Romeo B. Bachoco in a media release. Part of the funding requirement for the starter mine will be sourced from a stock rights offering in February, which is expected to raise P3.15 billion, the company said. Philex will require about P11.2 billion or about $224 million to develop the first phase and begin commercial production. It said it appointed BDO Capital and Investment Corp. to raise the additional needed capital. The move is part of the listed mining company’s efforts to introduce fresh capital infusion to Silangan Mindanao Exploration

Co., Inc. (SMECI) and Silangan Mindanao Mining Corp., Inc. (SMMCI). “This is a significant indication that Philex, as parent company of SMECI and SMMCI, is committed to get this project going,” said Mr. Bachoco. “This would signal to qualified shareholders, and potential investors alike, who will participate in the stock rights offer as well as the lenders who will join the loan syndication that Philex will infuse fresh capital because it strongly believes in the feasibility of the Silangan Project,” he added. PHILEX/PAGE 9

Globe launches first Eco-SIM in Asia GLOBE Telecom, Inc. on Friday launched the first Eco-SIM card in Asia for its postpaid mobile customers. The environmentfriendly SIM cards are made from 100% recycled polystyrene that came from discarded refrigerator interiors. With its partner Thales, Globe has deployed Eco-SIM cards starting November 2021. Thales first developed the Eco-SIM card in 2020 in partnership with

Veolia. “The Eco-SIM card is small, but it has a big impact on plastic and polymer waste and is another example of how we innovate to drive change. We are excited to partner with Globe on this pioneering initiative in the Philippines with a goal to roll it out throughout Asia,” Thales Digital Identity and Security Head of Mobile Connectivity Solutions for Asia Jon Cahilig said in the same statement.

Around 4.5 billion SIM cards are manufactured every year. At 4 grams each, the total weight of these SIM cards reach an estimated 20,000 tons of plastic and other polymers. ““In order for us to truly move the needle in the fight against climate change, we all must take on the responsibility to act sustainably. This partnership with the Thales Group not only enables us to come up

with a solution for our telecommunications business, but it also gives our customers the opportunity to step up and choose to live more sustainably,” Globe Chief Sustainability Officer and Senior Vice President for Corporate Communications Maria Yolanda C. Crisanto said in a statement. Thales is also partnering with Globe to achieve its goals to reduce e-waste and its carbon footprint.


6

Banking&Finance

DIRECTORY

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

MON-TUE|JANUARY 24-25, 2022

Bankers urge public vs. becoming ‘money mules’ T HE Bankers Association of the Philippines (BAP) is encouraging the public to be more discerning to prevent themselves from being money mules, as it vows to work with legislators to improve the country’s cybersecurity law. Money mule is someone who either intentionally or unintentionally allows another person, usually a cybercriminal, to use his or her bank account to transfer funds. In a statement on Thursday, BAP said “cybercriminals approach their targets by offering financial incentives in exchange for lending their bank accounts for the purpose of transferring money to another

entity.” The BAP said once a bank account has been used for illegal activities, “a money mule will end up as a victim as well as an unwilling and unwitting assistant to the criminal.” It said “cybercriminals use these bank accounts for crimes such as money laundering or for transferring money stolen from victims.” “Therefore, the Filipino public is strongly discouraged from accepting money from suspicious strangers and individuals in exchange for lending accounts to these criminals,” it added. The BAP said it will coordinate further with legislators to help improve the country’s cybersecurity

law. “We continue to advocate for the passage of House Bill No. 9615, or the Bank Account and E-Wallet Regulation Act, into law so that cybercriminals will be held accountable for their actions. This bill proposes imprisonment and fines for people found guilty of committing phishing, economic sabotage, and becoming a money mule,” it said. The BAP also encouraged “all stakeholders to work together to stop this criminal act from proliferating.” “Our collective effort at protecting our wealth is the key to safeguarding our future,” it added. (PNA)

BSP swap deals with other central banks to give PH more buffer

A PUBLIC SERVICE BY:

THE Bangko Sentral ng Pilipinas (BSP) is continuously partnering with counterparts overseas to strengthen its capacity as a regulator and to give the country an additional buffer to withstand liquidity shocks and balance of payment (BOP) issues. In a virtual briefing on Thursday, BSP Governor Benjamin Diokno said one such cooperation is the two-way Bilateral Swap Arrangement (BSA) with the Bank of Japan (BOJ), which was renewed effective Jan. 1, 2022 until Dec. 31, 2024. Under the said BSA, BSP can draw up to USD12 billion short-term liquidity support from BOJ while the latter can draw up to USD500 million. Diokno said the BSA complements the Chiang Mai Initiative Multilateralization, the financial agreement of the ASEAN+3 that covers the 10-member countries of the Association of Southeast Asean Nations (Asean) and China, Japan, and Korea. He said while the financial agreement, which was established in 2001, has costs like interest that the BSP needs to pay once it draws funds from the facility as well as the opportunity cost of the USD500 million it has committed to extend, “the benefits of the BSA outweigh its costs.” Diokno said the Philippines has not utilized the BSA because the country “continues to have a strong external position, sound macroeconomic fundamentals, and enough policy buffers to weather external risks and vulnerabilities.” As of end-December 2021, the Philippines’ gross

international reserves (GIR) reached USD108.9 billion. “We believe that the BSA is a positive signal to the market that we have sufficient financing resources to tap in case the need arises,” Diokno added. Aside from the BOJ, the BSP also have BSAs with, among others, the Monetary Authority of Singapore (MAS), Bank Indonesia, Otoritas Jasa Keuangan (OJK), Brunei Darussalam Central Bank, Central Bank of Mauritius, and Czech National Bank. These tie-ups involve information exchange and capacity building on fintech development, financial market regulations, central bank digital currencies, and Islamic Banking, among others.

The BSP has also inked an MOU with the United Kingdom (UK) for the latter’s support on several areas like fintech development, capital market development, and sustainable finance. “For this year, we have in our pipeline negotiations with other central banks focusing on internal audit, digital payment initiatives, and cross border establishments,” Diokno said. BSP International Relations and Surveillance Department senior director Maria Teresa Dueñas declined to identify the central banks that BSP is currently in talks with, saying “negotiations are still ongoing.” “However, what we can mention are the areas

of cooperation in these initiatives. These are all on fintech, on capital market development, and financial system developments,” she said. Diokno said the country also had BSAs with the central banks of Korea and China, but both expired in 2010. He said the BSA with Korea was not renewed “as there has been no mutual interest to do so.” Diokno said negotiations with the People’s Bank of China for a bilateral currency swap arrangement were made in 2018. “This arrangement aims to facilitate bilateral trade and investment as well as provide liquidity should the need arise. However, negotiations were put on hold in 2020,” he added. (PNA)

DBP backs green energy projects STATE-owned Development Bank of the Philippines (DBP) has provided P2.1billion in funding support for two hydro-energy projects that aim to augment power supply for the Luzon and Visayas grids, a top official said. In a statement Thursday, DBP president and chief executive officer Emmanuel Herbosa said the loans to Matuno River Development Corporation (MRDC) and Taft Hydroenergy Corporation (THEC), both majority-owned by Magis Energy Holdings Corporation (MEHC), were extended under the Financing Utilities for Sustainable Energy Development (FUSED). “With these projects, we hope to accelerate the use of renewable power resources and increase the country’s green energy

mix,’’ Herbosa said. “Green financing can ensure that sustainable socio-economic development can be achieved while protecting the environment.” DBP is the fifth-largest bank in the country in terms of assets and provides credit support to four strategic sectors of the economy -infrastructure and logistics; micro, small and medium enterprises; environment; social services and community development. Herbosa said proceeds of the P1.1-billion loan to MRDC were used for the construction of an 8-megawatt (MW) hydro-energy power plant located in Barangay San Rafael in Bambang, Nueva Vizcaya, which is expected to generate an additional 42-gigawatt hours (GWh) for the Luzon Grid via the National Grid Corporation

of the Philippines (NGCP). He said the P1-billion loan to THEC was utilized to build a 16-MW hydropower project in Tubig River, Brgy. San Rafael in Taft, Eastern Samar, which would supply 70GWh to the Visayas grid to help address the inadequate supply of stable and affordable electricity in the region particularly in Samar Island and Leyte province. “Despite the constraints posed by the pandemic, commissioning of both projects is already in the planning stage, and commercial operations will soon commence,” Herbosa said. As of end-October 2021, DBP has released a total of P41.57 billion in credit assistance under its FUSED program for energy-related projects across various regions in the country. (PR)


7

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

MON-TUE|JANUARY 24-25, 2022

Lacson Presidency to End 'Immunity' for Big, Powerful Crooks The saga of Leonardo "Lolo Narding" Flores and Robert Hong in the Pangasinan "mango theft" case is part of a bigger picture where big powerful crooks remain immune from our criminal justice system - a sad and unfair situation that a Lacson presidency will end. Partido Reporma Chairman and standardbearer Sen. Panfilo "Ping" M. Lacson said that while he has done his part to help the two victims in the viral case, much remains to be done to ensure justice for all. "This is the best that we can do to serve justice to all those who deserve it. It behooves us to look at the bigger picture. While ordinary thieves get the

whip surely and fast, the big, powerful crooks stay big and powerful. It’s simply unfair and sad," he said on his Twitter account Saturday morning. Last Thursday, Lacson dug deeper into the "mango theft" case, which went viral after Flores, who is in his 80s, was arrested for stealing mangoes from a property where Hong worked as caretaker. Hong, whose complaint led to Flores' arrest, is in hiding and could not go to work as a truck driver after he received threats from bloggers and netizens - a case of bullying stemming from unintended inaccurate information. Lacson said helping bring the truth to the

public is the most he can do in the case of Flores and Hong. "Yet, it cannot be denied that the big and powerful crooks are still out there, free to continue abusing their power and stealing from ordinary taxpayers," Lacson said, as he reiterated that the people must regain their sense of outrage against such injustice. Lacson has vowed to maintain a single standard in ending wrongdoing, including crime and corruption, with a combination of stern discipline and leadership by example - as he had rid the Philippine National Police of erring cops when he headed the institution from 1999 to 2001.

This is in line with his campaign to improve the lives of Filipinos ("Aayusin ang Gobyerno, Aayusin ang Buhay ng Bawat Pilipino") and to finish off theft and

robbery ("Uubusin ang Magnanakaw"). "Ubusin ang magnanakaw para maging maganda ang kinabukasan ng ating mga anak, ng ating mga apo at ng

susunod na henerasyon (We should get rid of thieves to ensure a better future for our children, grandchildren, and the next generation)," Lacson said.

ATI-Normin evaluates EAsY Agri scholars’ academic performance CAGAYAN DE ORO CITY --In support to the Department of Agriculture's (DA) advocacy to entice the Filipino youth to engage and venture in agriculture, 15 state university scholars were assessed in terms of their academic performance under the Agricultural Training Institute's (ATI) Educational Assistance

for the Youth or the EAsY Agri Program. The said scholarship program is dedicated to the children of small-scale farmers and fisherfolks to encourage them in pursuing a professional career in agriculture and fisheries or to venture in agri-entrepreneurship. ATI being the implementer of the EAsY Agri Scholarship

Program, recognizes the importance of evaluating the performance of the students, recently held its Year-end Assessment for EAsY Agri Scholarship Program for the 1st Semester of SY 2021-2022. The said activity aims to review and identify what needs to be improved operationally in the upcoming academic year. Efficient planning was

rolled out to address the concerns of the students as per recommendations by the scholarship committee. The year-end assessment also intends to let the students understand their future role and participation in countryside development and contribution in the agriculture sector at large. Among the setbacks that the scholars have experienced is the unstable internet connection, as most of them live in remote areas with very weak or intermittent signal to participate in their online classes. Despite the limitations, the scholars are committed to do their best as they EXTRA-JUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND KNOW ALL MEN BY THESE PRESENTS:

Japan’s Consul General Miwa Yoshiaki at LKK Luxe Hotel with Oro Chamber President Ray Talimio. The Japanese Consul General's visit to CdeO is part of the continuing collaboration among Japan's Consul General's Office based in Davao, CdeO City' TIPC, various universities in CdeO like USTP, LC, and COC-PHINMA, NEDA, DOST and DTI and the Oro Chamber as the lead partner on SEEDS NEEDS Collaboration on innovation and Start-up initiatives. A series of webinars are scheduled until March 2022 on Japan's various technology and industries. photo supplied

were closely monitored and guided by the scholarship point persons of the ATI Regional Training Centers. Also, the center has set clear and actionable guidance for them necessary in adapting to the new normal, since COVID-19 pandemic has brought changes in the lives of the students. To help boost their productivity, the center issued android tablets last year and external hard drives recently to the scholars and load cards to the coordinators. To date, ATI-10 currently has 15 scholars with 10 taking up Bachelor of Science in Agriculture, and 5 taking up Bachelor of Science in Agricultural and Biosystems Engineering, through its partner state universities DEED OF ABSOLUTE SALE

That the late SPS. JOVITO QUIETA, who died on February 14, 2008 died at Agusan, Canyon, Phillips Bukidnon & FRANCISCA PACALDO QUIETA, who died on October 01, 1991 died at Agusan, Canyon, Phillips Bukidnon; Whereas, REMEDIOS QUIETA LAGUMBAY, who died on March 25, 2015 at Phillips Bukidnon; Whereas, NORMA QUIETA VILLANUEVA, who died on July 14, 2017 at Libona Bukidnon; Whereas, DOMINADOR PACALDO QUIETA, who died on November 05, 2013 at Saudi Arabia; that the said deceased, at the time of their death, left a parcel of land with Technical Description Original Certificate of Title No. P-16724 situated in the Barrio of Mat-I, Municipality of Claveria, Province of Misamis Oriental, Island of Mindanao, containing an area of ELEVEN THOUSAND SEVEN HUNDRED SEVENTY FIVE (11,775) SQUARE METERS, more or less, and has been the subject of an EXTRAJUDICIAL SETTLEMENT WITH A DEED OF ABSOLUTE SALE OF A PARCEL OF LAND, filed by the heirs of SPS. JOVITO QUIETA & FRANCISCA PACALDO QUIETA, REMEDIOS QUIETA LAGUMBAY, NORMA QUIETA VILLANUEVA, DOMINADOR PACALDO QUIETA, in favor of SPOUSES PRESCILLA DIANO NAVARRA & FRANCISCO ALVE NAVARRA, per DOC #488; PAGE #98; BOOK #VI; Series of 2022 under the Notarial Registry of ATTY. ALBERT WENCES C. DABA III.

KNOW ALL MEN BY THESE PRESENTS:

BWM: January 17, 24 & 31, 2022

BWM: January 10, 17 & 24, 2022

This Deed of Absolute Sale made and entered into by and between: ANDRESITA ITUM TALO, of legal age, Filipino, married, and a resident of Cagayan de Oro City, hereinafter referred to as the VENDOR; -and MA. CRISTINA A. BARANDA, of legal age, Filipino, married to JOHN EURENE I. BARANDA, and a resident of Tagoloan, Misamis Oriental, hereinafter referred to as the VENDEE; The Vendor is the absolute owner of three (3) parcels of land with 1. Transfer Certificate of Title No. 36677 situated at Poblacion, Tagoloan, Misamis Oriental containing an area of THREE HUNDRED THIRTY SIX (336) sq. meters more or less, 2. Transfer Certificate of Title No. 36666 situated at Poblacion, tagoloan, Misamis Oriental, containing an area of TWO HUNDRED EIGHTY ONE (281) sq. meters more or less, 3. Transfer Certificate of Title No. 36676 situated at Poblacion, Tagoloan, Misamis Oriental, containing an area of THREE HUNDRED TWENTY (320) sq. meters more or less, and has been the subject of an DEED OF ABSOLUTE SALE, in favor of JOHN EURENE I. BARANDA, per DOC #424; PAGE #85; BOOK #119; Series of 2021 under the Notarial Registry of ATTY. JAMES KUINISALA JUDITH-II.

Central Mindanao University (CMU) in Musuan, Bukidnon and the University of Science and Technology of Southern Philippines (USTP) in Claveria, Misamis Oriental. The EAsY Agri Program will run from 2020 to 2025 to cover the four-year program for the Bachelor of Science (BS) in Agriculture and related courses and five-year program for the Bachelor of Science in Agriculture and Bachelor of Science in Agricultural and Biosystems Engineering. Present during the assessment include the Local Scholarship Committee (LSC) and the City and Municipal Coordinators Dayana Padilla from LGU Impasugong, Municipal Agriculturist Teresita Buhian from LGU Kalilangan, Rhea F. Olili from LGU Malaybalay, Maribeth Barrio from LGU Manolo, and Jessica Vicente from LGU Balingasag. Municipal Agriculture Officer Gemma Cania of Manolo Fortich delivered her welcome message. ACADEMIC/PAGE 11 EXTRAJUDICIAL SETTLEMENT OF ESTATE OF VICENTE RACINES DESCALLAR KNOW ALL MEN BY THESE PRESENTS: That the late VICENTE RACINES DESCALLAR, who died intestate on May 26, 2019 at st. C. Old Corrales, Camp Philips, Manolo Fortich, Bukidnon, the deceased at the time his death left a certain parcel of land with TCT No. AT-1129 situated in the Barangay of San Jose, Municipality of Libona, Province of Bukidnon, Island of Mindanao, containing an area of SIXTEEN THOUSAND TWO HUNDRED FOURTEEN (16,214) SQUARE METERS, and has been the subject of an EXTRAJUDICIAL SETTLEMENT OF ESTATE OF VICENTE RACINES DESCALLAR, filed by the heirs of VICENTE RACINES DESCALLAR, per DOC #473; PAGE #95; BOOK #LVII; Series of 2021 under the Notarial Registry of ATTY. FARRAH L. YONGCO-INIHAO. BWM: Jan 24, 31 & Feb 7, 2022


8

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

MON-TUE|JANUARY 24-25, 2022

In photo hundreds of Persons Deprived of Liberty (PDLs) men and women wear their colorful graduation toga during their graduation ceremony after completing their training program held at the Provincial Jail Lanao del sur compound, Marawi City last January 15,2022. contributed photo)

HUNDREDS OF PDLs in Lanao graduates BY ASANGAN T. MADALE

MAR AWI CITY:- More than one hundred Persons Deprived of Liberty (PDLs) men and women held their graduation ceremony who successfully completed their skills training on Carpentry , Tile-Setting ,and Cake-Making held at the Provincial Jail, Lanao del Sur, Marawi City on January 15, 2022. , Officials from the Warden office said. It was learned from the Lanao del Sur Provincial Warden’s Office, that this program was conducted in partnership with the Bangsamoro Ministry of Basic, Higher and Technical Education-Technical Education and Skills Development Lanao del Sur Provincial Office headed by

Provincial Director Alieda Nameerah Mangata-Noor, and the RLM Multi-Skills Training and Assessment Center, Inc., In a document posted in the official facebook account of the Warden Office Nameerah MangataNoor said aside from their National Certificate 2 (NC2), the graduates also received their corresponding allowances for successfully accomplishing this graduation feat. Meantime, a former employee of the Provincial Jail of Lanao del Sur who had been conducting research study on (PDLs) who requested not to be named define "persons deprived of liberty means a person who has been arrested ,held in lawful

custoday, detained ,or imprisoned in execution of a lawful sentence. In fact in my research work I found out that there circumferential reformation programs that can be implemented for the inmates such as Moran and Spiritual Programs, Education and Training Program, Work and Livelihood Program, Sports and Recreation Program, Health and Welfare Program and most specially on Behavior Modication Program, the researcher said. Nameerah MangaaNoor have expressed her thanks to the Ministry of Basic, Higher and Technical Education and Skills Development for sponsoring this very timely program that is very useful among

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 39 Cagayan de Oro City @rtc1cdo039@judiciary.gov.ph 09173218984 (incoming calls only) ADRIAN FIDEL D. HERNANDO, represented by His Attorney-in-fact, Marjorie G. Hernando Petitioner,

LRC CASE NO. R-CDO-21-03387-LR

-versusREGISTER OF DEEDS OF CAGAYAN DE ORO CITY, Respondent. NOTICE OF INITIAL HEARING Finding the verified Application for Land Registration over a parcel of land situated at Daguiangason, Carmen, Cagayan de Oro City, containing an area of two thousand and seventeen (2,017) square meters, more or less, to be sufficient in form and substance, the same is set for hearing on 17 May 2022, at 9:00am, hereby requiring all those who may have interest over said parcel of land to appear on such time and place, and show cause why the application should not be granted. Let copies of this Notice be published, at the expense of the applicant, in the Official Gazette, and once a week for three (3) consecutive weeks in a newspaper of general circulation in Cagayan de Oro City and the Province of Misamis Oriental. Let copies hereof with the Petition attached be posted at the bulletin boards of the following offices and buildings, to wit; City Hall of Cagayan de Oro City, Barangay Hall of Carmen, Cagayan de Oro City, where the land subject of this application is situated, and this Court, for at least thirty (30) days prior to the date of hearing. Applicant is further ordered to furnish a copy of this Notice and the Petition to the Office of the Solicitor General, the Office of the Registrar of Deeds of the City of Cagayan de Oro, the Land Registration Authority and to the occupants and adjoining owners of the lot subject of this Petition at least thirty (30) days prior to the date of hearing.

SO ORDERED. Cagayan de Oro City, 19 October 2021. (SGD) MARITES FILOMENA B. RANA-BERNALES Presiding Judge

BWM: January 17, 24 & 31, 2022

the inmates. It can ser ve them to start a new life out of the knowledge and skills they have learned “It is our desire that when our PDLs are reintegrated back to society, they have acquired skills that will help them make a living,” Governor Mamintal “Bombit” Alonto Adiong, Jr. said. EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF ALEJO BARING INIHAO KNOW ALL MEN BY THESE PRESENTS: That the late ALEJO BARING INIHAO who died on December 13, 2008 at Manolo Fortich, Bukidnon; died intestate without any outstanding debts, and at the time of his death, left the following properties registered to his name as well as his conjugal share of properties with 1. Transfer Certificate of Title No. 77036 Registered to Alejo B. Inihao situated in the Barangay of Mactan, City of Lapu-lapu, Province of Cebu, Island of Mactan, containing an area of SIX HUNDRED SEVENTYFOUR (674) SQUARE METERS, more or less, 2. Transfer Certificate of Title No. 77039 Registered to Alejo B. Inihao situated in the Barangay of Mactan, City of Lapu-lapu, Province of Cebu, Island of Mactan, containing an area of NINE HUNDRED FIFTY (950), 3. Transfer Certificate of Title No. T-62036 Registered to Alejo B. Inihao situated in Damilag, Manolo Fortich, Bukidnon, containing an area of FIVE HUNDRED NINETY-ONE (591) SQUARE METERS, more or less, 4. Transfer Certificate of Title No. T-46489 Registered to Alejo B. Inihao, situated in Damilag, Manolo Fortich, Bukidnon, containing an area of THREE HUNDRED FORTY-FIVE (345) SQUARE METERS, more or less, 5. Transfer Certificate of Title No. T-45981 Registered to Marilou G. Inihao situated Damilag, Manolo Fortich, Bukidnon containing an area of SIX HUNDRED SEVEN (607) SQUARE METERS, more or less, 6. Original Certificate of Title No. P-4841 (PART) Tax Declaration No. 02-15-17675 Declared Owner: Marilou G. Inihao, situated in Lunocan, Manolo Fortich, Bukidnon, containing an area of SIX THOUSAND FIVE HUNDRED THRITY-ONE (6,531) Square Meters, more or less, 7. Tax Declaration No. 02-15-42406 Declared Owner: Marilou G. Inihao, Building constructed on Property 4 located in damilag, Manolo Fortich, Bukidnon, 8. Tax Declaration No. 02-15-42677 Declared Owner: Marilou G. Inihao, Residential Building constructed on Property 4 located in Damilag, Manolo Fortich, Bukidnon, 9. Tax Declaration No. 02-15-11650 Declared Owner: Marilou G. Inihao, Building constructed on Property 5 located in Damilag, Manolo Fortich, Bukidnon, 10. Tax Declaration No. 02-15-11653 Declared Owner: Marilou G. Inihao, Residential Building constructed on Property 5 located in Damilag, Manolo Fortich, Bukidnon, and has been the subject of an EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF ALEJO BARING INIHAO, filed by the heirs of ALEJO BARING INIHAO, per DOC #154; PAGE #31; BOOK #LII; Series of 2021 under the Notarial Registry of ATTY. FARRAH L. YONGCO-INIHAO. BWM: Jan 24, 31 & Feb 7, 2022

CAYETANO NUMBER 1 SA SURVEY Nanguna si dating Speaker Alan Peter Cayetano sa senatorial survey na isinagawa sa social media ng isang survey firm na naka base sa Davao City. Ang survey ay isinagawa ng University of MindanaoInstitute of Popular Opinion mula Dec.21 hanggang Dec. 28, 2021. Ito ay tinawag na “The Filipino social media users from different regions of the Philippines.” Ayon sa UM-IPO, ang survey ay ipinatupad online dahil bawal pa ang physical contact dahil sa pagsipa ng COVID-19 cases. Tinarget ng survey ang mga social media users na pinili sa pamamagitan ng sponsored ads sa Facebook at Instagram. Nakakuha si Cayetano ng 35% sa naturang survey na sinundan nina Sorsogon Governor Francis “Chiz” Escudero 34.4 percent, dating DPWH sec. Mark Villar 33.4 percent, House Deputy Speaker Loren Legarda 32.6 percent, tv host Raffy Tulfo 26.9, re-electionist Senators “Migz” Zubiri 26.6 percent, Joel Villanueva 26.4 percent, Sherwin Gatchalian 25 percent, dating VP Jejomar Binay 24.1 percent, Robin Padilla 24.5 percent, Jinggoy Estrada 19.7 percent, JV Ejercito 19.2 percent, at Risa Hontiveros 19.1 percent. Ito na ang pangalawang senatorial survey na top 1 si

Cayetano. Una dito ay ang 2021 last quarter survey ng Pulse Asia Ulat sa Bayan na ipinalabas noong nakaraang Disyembre. Kaugnay nito pinasalamatan ni Cayetano ang sambayanang Filipino sa tiwalang ipinagkaloob sa kanya at nangakong itutuloy ang pagbibibigay ng atensyon sa COVID response ng gobyerno para sa mga biktima ng pandemya at mga OFWs. “Our priority right now remains the same: conducting programs and pushing for laws that will improve the health and livelihood of our kababayans all over the country and abroad’’. Isinusulong ni Cayetano ang 10K Ayuda Bill para matulungan ang ating mga kababayang iginupo ng pandemya. Minabuti ni Cayetano at ng kanyang mga kaalyadong kongresista at mga privaye donors na mamahagi ng 10K sa mga nangangailangan. Sa ngayon, umaabot na sa 15,778 ang nakatanggap ng 10K ayuda mula sa grupo ni Cayetano. Bilang dating kalihim ng Dept. Of Foreign Affairs, pinangunahan ni Cayetano sa kamara ang pagtatag ng Dept. Of Migrant Workers(DMW). Ito ay nilagdaan ni Pangulong Duterte bilang batas noong December 30, 2021. Umaasa si Cayetano na sana ay pakilusin agad ang naturang ahensya sa pag-upo ng susunod na pangulo upang mabigyan ng atensyon ang hinaing ng mga OFWs.

Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City

Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City

HENRY DY Applicant/Petitioner CASE NO. R10-EV-CC-TH 2021-09-2648

NOTICE OF HEARING

MISAMIS ILIGAN LANAO TRANSPORT COOPERATIVE (MILTRASCO) Rep. by: JAIME PABLEO Applicant/Petitioner CASE NO. R10-EV-CC-PUJ 2021-03-1151

APPLICANT/ PETITIONER request for the Extension of the Certificate of Public Convenience to operate TRUCK FOR HIRE (TH) SERVICE on the route: WITHIN CAGAYAN DE ORO CITY TO ANY POINT IN REGION 10 AND VICE VERSA and with the use of Four (04) unit/s. This application/petition shall be considered by this Board on February 09, 2022 at 10:00 A.M. at this Board on which date Applicant/Petitioner shall formally submit his/ her/its evidence. The Applicant(s)/Petitioner(s) shall publish said notice at least Ten (10) Days prior to the date of hearing once in a newspaper of general/ local circulation. Party(s) opposed to the approval/granting of the application/petition 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 21st day of January 2022 at Cagayan de Oro City, Philippines.

APPLICANT/ PETITIONER requests the authority for the Consolidation of Cases/ Certificate of Public Convenience to operate PUJ SERVICE on the route: ILIGAN CITY PROPER TO STEEL TOWN AND VICE VERSA and with the use of SIXTEEN (16) unit/s. This application/petition shall be considered by this Board on February 09, 2022 at 10:00 A.M. at this Board on which date Applicant/Petitioner shall formally submit his/her/its evidence. The Applicant(s)/Petitioner(s) shall publish said notice at least FIVE (05) DAYS prior to the date of hearing once in a newspaper of local circulation. Party(s) opposed to the approval/granting of the application/petition 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 21st day of January, 2022 at Cagayan de Oro City, Philippines.

(Sgd.) ATTY. MOHAMAD FAHDEL S. PIMPING HEARING OFFICER

(Sgd.) ATTY. MOHAMAD FAHDEL S. PIMPING HEARING OFFICER

BWM: January 24, 2022

BWM: January 24, 2022

NOTICE OF HEARING


9

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

MON-TUE|JANUARY 24-25, 2022

Philex... from page 5

The Silangan project will begin development this year and is expected to be ready for commercial operation by early 2025. It has an estimated 81 million tons in mineable reserves that contain around 993 million pounds of copper and 2.8 million ounces of gold. Throughout its 28-year mine life, it is expected to produce an annual average of 35 million pounds of copper and 100,000 ounces of gold, which is higher than the current output of Philex’s Padcal mine in Tuba, Benguet. The Silangan project’s d e ve l opm e nt h a s b e e n “delayed due to regulatory policies and funding for a bigger development,” according to the press release. In the third quarter of 2021, net income grew to P721.32 million or 46.1% from P493.71 million in the same quarter the previous year. From Januar y to September, Philex registered a net income of P1.88 billion or a 104.7% increase from P918.26 million the same period the year before. Philex shares rose by 6% or 33 centavos to finish at P5.83 apiece at the stock exchange on Thursday. Philex is one of three Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Metro Pacific Investments Corp. and PLDT, Inc.

Covid... from page 4

In the United States, antivaxxers have won courtesy of the SCOTUS. According to a CNN Report, the US Supreme Court decided to blo ck President Jo e Biden’s vaccine and testing requirements aimed a large

businesses. The Biden mandate had required that businesses with 100 or more employees ensure that each worker is fully vaccinated or tests for Covid 19 on at least a weekly basis. Now many companies are left to decide on their own whether to issue any Covid-19 vaccine or testing requirements for their workers. Closed for business Muntinlupa residents and shoppers are still reeling from the recent fire which gutted the iconic Starmall Alabang. Fire of still undetermined origin hit the shopping mall last January 8. It took at last 33 hours, before the combined forces from the Bureau of Fire Protection, barangay and private volunteers were able to suppress the fire. No casualties were reported but the fire reportedly caused at least 100 million in damages. Starmall Alabang, located right at the Alabang junction, has been a favorite shopping and recreation place. It also housed the satellite offices of the Muntinlupa Persons with Disability Affairs Office, Muntinlupa Muslim Affairs Office, Business Permits and Licensing Office and the National Bureau of Investigation. Note: You may wish to share the foregoing article via Facebook, Twitter, Linked-In or Viber.

PNP-MisOcc seizes 25 unlicensed firearms in MisOcc

O

ROQUIETA CITY, Misamis Occidental-The Misamis Occidental Police Provincial Office reported that it has confiscated over 25 unlicensed firearms during the implementation of gun ban and checkpoints of the Commission on Elections (COMELEC) in the province from January 8 up to present. Based on the report of the Police Provincial Office, a total of 25 firearms were confiscated from the period of January 2022. Oplan Katok is a program of the PNP where police authorities go house-to-house to visit firearm holders who have not renewed their

gun license yet, they successfully apprehended a total of nine individuals from Oroquieta (1), Ozamiz (1), Tangub (1), Jimenez (1), Lopez Jaena (2), Plaridel (2), Tudela (1). Kontra Boga includes unregistered and unlicensed firearms with arrested persons/confiscated firearms from Aloran and Tangub. Meanwhile, surrendered firearms (kontra boga); Oroquieta (1), Ozamiz (1), Baliangao (1), Bonifacio (1), Calamba (1), Clarin (3), Don Victoriano (1), Panaon (1), Sapang Dalaga (1), Sinacaban (1), 1st Provincial Mobile Force Company PMFC (1) and 2nd Provincial Mobile Force Company PMFC (1).

GREAT VALUE SHOP V. Castro St., Carmen, Cagayan de Oro City NOTICE OF AUCTION Starting February 4, 2022 (Friday) at 8:30 A.M. to 5 P.M., this establishment will set an Auction Sale on all pledges since September 4, 2021. Patrons are enjoined to verify their receipts. MANAGEMENT PAHIBALO Sa Pebrero 4, 2022 ang (Biyernes) sa may 8:30 A.M., sa buntag paingon sa alas 5:00 sa hapon, ang tanan nga penirenda nga wala ma lukat sa bulan sa Septyembre 4, 2021 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo. ANG TAGDUMALA BWM: Jan 24, 2022 NEW LIGHT PAWNSHOP Main: Gen. Capistrano Neri St., Cagayan de Oro City Branch: Don S. Osmeña St., Fronting Public Market, Cagayan de Oro City NOTICE OF AUCTION Starting February 4, 2022 (Friday) at 8:30 A.M. to 5 P.M., this establishment will set an Auction Sale on all pledges since Septyembre 4, 2021. Patrons are enjoined to verify their receipts.

The Philippine National Police in Misamis Occidental intensify the campaign against unregistered guns and firearms with expired licenses. (SMRN/PIA-10/Misamis Occidental)

R.A. 10172 Form No. (LCRO)

CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491 CORRALES BRANCH Corrales Ave., Cagayan de Oro City DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St., Cagayan de Oro City Tel. # (088) 857-3631 LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739 CARMEN BRANCH Vamenta Blvd., Cagayan de Oro City Tel. # (088) 231-2011

Publication Notice R.A. 10172

In compliance with Section 7 of R.A. No. 10172, a notice is hereby served to the public that MARIE D. ADREVAN-TAGDULANG has filed this Office a petition for Correction of Clerical Error in the Certificate of Live Birth from MALE to FEMALE, who was born on December 12, 1981 at Gitagum, Misamis Oriental and whose parents are WILLY DIVISORIA A. ADREVAN and PACITA S. CDO MAIN BRANCH BRANCH P & J Lim Bldg., Tiano Brothers Atty. Erasmo B. Damasing Bldg., DAUMAR. Sts., #61 Don A. Velez St., Kalambagohan person adversely affected by said petition may file his Tel.Any # (08822) 727-829 * Cagayan de Oro City Telefaxopposition # (088) 856-1947 Tel. # (088) written with this Office not later857-3631 than ________. CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao, Camiguin Tel. # (088) 387-0491

LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City Tel. # (088) 231-6739

(SGD) FRANCIS Y. MIGALBIO Municipality Civil Registrar CORRALES BRANCH CARMEN BRANCH

Corrales Ave., Cagayan de Oro City BWM: January 24 & 31, 2022

Vamenta Blvd.,Cagayan de Oro City Tel. # (088) 231-2011

Publication Notice R.A 10172 NOTICE TO THE PUBLIC

NOTICE TO THE PUBLIC

Date: December 29, 2021

Date : December 29, 2021

In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. I 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 EDEN CADIRAO ALIBUCA has filed with this Office, a petition for CHANGE OF FIRST NAME of child from ___X___ to ___X_ __and Correction of SEX from MALE to FEMALE in the Certificate of Live Birth of EDEN CADIRAO ALIBUCA at Talisayan, Misamis Oriental and whose parents are GERARDO A. ALIBUCA and QUIRINA G. CADIRAO.

In Compliance with the publication requirement and pursuant to OCRG Memorandum Circular No. __I Guidelines in the Implementation of the Administration Order No. 1 Series of 2012 (IRR on R.A. 10172, Notice is hereby served to the public that JERRYME SUGALA PANGAN has filed with this Office, a petition for Correction of Clerical Error SEX of child from “FEMALE” to “MALE” in the Certificate of Live Birth of JERRYME SUGALA PANGAN at Talisayan, Misamis Oriental and whose parents are SAMUEL DOLERO PANGAN and REMEDIOS MAGALLANES SUGALA.

Any person adversely affected by said petition may file his written opposition with this office not later than January 17, 2022.

Any person adversely affected by said petition may file his written opposition with this office not later than _______________________.

BWM: January 17 & 24, 2022

(SGD) ERMES A. OMONDANG SR. (Signature over printed name of the C/MCR)

BWM: January 17 & 24, 2022

MANAGEMENT PAHIBALO Sa Pebrero 4, 2022 ang (Biyernes) sa may 8:30 A.M. sa buntag paingon sa alas 5:00 sa hapon, ang tanan nga penirenda nga wala ma lukat sa bulan sa Septyembre 4, 2021 maapil sa subasta. Giawhag ang tanan suki sa pagsusi sa ilang resibo. ANG TAGDUMALA BWM: Jan 24, 2022

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE

NOTICE FOR PUBLICATION

CAGAYAN DE ORO MAIN BRANCH P & J Lim Bldg., Tiano Brothers Kalambagohan Sts., Tel. # (08822) 727-829 * Telefax # (088) 856-1947

Misamis Occidental Police Provincial Director PCol Eufronio Loyola Obong calls out for gun owners to surrender their unlicensed or unregistered and expired firearms. “Do not wait for us to visit you with a search warrant. Otherwise surrender your firearms while you process your renewal of your firearms,” he said. He added that most of the recovered evidence is from the checkpoint. The PNP also plans to conduct a License to Own and Possess Firearms (LTOP) or one stop shop caravan to cater the unregistered firearms in the province. (SMRN/PIA-10/Misamis Occidental)

(SGD) ERMES A. OMONDANG SR. (Signature over printed name of the C/MCR)

KNOW ALL MEN BY THESE PRESENTS: I, KARELL ANN R. APOSTOL, widow, of legal age, resident of Valencia, Bukidnon, hereby freely and voluntarily declare and state that: 1. I am the legal and sole heir of the deceased WILMER I. APOSTOL who died on September 28,2019 at J.R. Borja General Hospital, Cagayan de Oro City (the “Deceased”); 2. The Deceased died intestate, without leaving any Last Will and Testament, and without any outstanding debts; 3. The Deceased left the following property, to wit: a. Bank account SA # 003220107820 maintained with Cagayan de Oro – Carmen branch of BDO Unibank Inc (Bank), in the amount of P1,097,062.24 plus interest accruing; 4. Pursuant to Section 1 of Rule 74 of the Revised Rules of Court of the Philippines, I do hereby adjudicate unto myself the above described property. IN WITNESS WHEREOF, we have hereunto set our hands this day of JULY 15,2021 at CAGAYAN de Oro City.


BusinessWeek MINDANAO CREDIBLE

RELIABLE

FEATURE

IN-DEPTH

Mon-Tue|January 24-25, 2022

10

URC installs solar panels in climate-friendly push

U

NIVERSAL Robina C or p. (URC) has installed solar panels on its facilities here and abroad, as part of its environment-friendly push. Its Thailand subsidiary has finished installing solar panels on six factories and four warehouses at its compound in Samut Sakhon province, southwest of Bangkok. The solar panels can generate an estimate of 6 megawatts of power. URC Thailand General Manager Tanant Suwanraks said URC Thailand has lined up more projects in line with its goal to help mitigate the devastating impact of climate change. “We will not stop with the solar panels,” he said. “We believe that the main core for businesses to carry on is to be responsible to the people, community, society, environment and our planet.” URC Thailand began putting solar panels on its facilities in September 2019

under its “URGreen with Thailand’s Solar Panel Rooftop” project. The project is meant to reduce the company’s use of fossil fuels in favour of cleaner energy. URC in the Philippines has been installing solar panels at its manufacturing facilities. It has up to 1 megawatt installed at its plant in Canlubang, Laguna, and some 21 kilowatts at its Vitasoy facility in San Fernando, Pampanga. The company’s Vietnam subsidiary has ongoing installation of 3MW Solar Rooftop system panels in its Coffee Plant located in Vietnam Singapore Industrial Park Binh Duong, as part of URC Vietnam’s Sustainability initiatives on renewable energy, reduction of water/energy usages and recycling activities. The said solar panel system covering 18,500 m2 of roof area can potentially supply 21% of actual consumption of the plant and can also reduce

temperature around 4-5 Deg C as thermal insulation effect on the factory roof. Plans for other URC Vietnam factories will also follow. URC Chief Sustainability Officer

David Lim said that this project is anchored in one of URC’s core strategies of building a People and Planet friendly Culture. “We aim for a lowcarbon economy by optimizing the use of

renewable energy,” he said. “URC is gearing towards Net Zero by 2050.” URC is one of the largest food and beverage manufacturing companies in the

Philippines. It produces some of the country’s top brands, including Jack ‘n Jill, Piattos, Cloud 9, C2, and Great Taste. The company has growing presence in the ASEAN region.

Louise delos Reyes stars in Vivamax's THE WIFE LOUISE delos Reyes is Mara, a soft-spoken wife of Cris (Diego Loyzaga). Their marriage turns sour when Cris cheats on her ex-girlfriend, Lee (Cara Gonzales), an aggressive and outspoken woman, the total opposite of Mara. But as the couple learns to recuperate from their broken relationship, Cris is diagnosed with cancer. THE WIFE reflects on how long should you fight for marriage despite infidelity.

And in faithfully committing to the marriage vow of being together in sickness and in health, how would the lawful spouse accept a dying plea that involves the mistress? Witness this intriguing story unfold in this Vivamax Original movie. Stream THE WIFE on Vivamax starting February 11, 2022. For local subscriptions, you can download the

app and subscribe via Google Play Store, Huawei App Gallery, and App Store. Watch all you can on Vivamax for only P149/month and P399 for 3months for bigger savings. A 3-day access to Vivamax at a very affordable price of P29 is also available. You can pay using the website by choosing from EC Pay, 7 Eleven, All Day, Pay Mongo, GrabPay, GCash, or PayMaya. You may also pay using the app choosing from Globe, Smart, GCash, Paypal, Visa, or Mastercard.

Or you can pay using Ecommerce, choosing from Lazada, Shopee, Comworks, Clickstore, or Paymaya. Or settle your payment using authorized outlets, select from Load Manna, Comworks, Cebuana Lhuillier, Palawan Express, and Load Central. Vivamax is also available in Hong Kong, Japan, Malaysia, Singapore, Indonesia, Thailand, South Korea, Taiwan, Brunei, Macao, Vietnam, Maldives, Australia, New Zealand, the Middle East, Canada and the United States. Vivamax, atin ‘to!


11

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

MON-TUE|JANUARY 24-25, 2022

Warns... from page 1

strategy to help shave off electricity consumption particularly on peak periods. “Thin operating margins – power in excess of demand used to manage and balance the grid – is forecasted in the Luzon grid from April to June, due to increase in demand during the summer months, which includes the critical election period,” the transmission company reiterated. Based on projections of the Department of Energy (DOE), peak demand this year is anticipated to hit 12,387 megawatts – higher by 747MW from last year’s 11,640MW, which had also been tormented with sporadic service interruptions mainly due to unplanned outages of power plants. On January 14 this year, the energ y depar tment apprised media that it asked NGCP to adjust the schedules of preventive maintenance shutdowns of power plants – purportedly in keeping with the Grid Operating and Maintenance Program (GOMP) being enforced for the power sector. NGCP, ne ver theless, indicated that the 2022 GOMP was already approved by the DOE on January 10 this year – and it was specifically stipulated that there would be “no maintenance shutdowns scheduled during the summer months.” The transmission firm qualified that in line with DOE’s mandate, it already “c o ord i n at e d w it h t h e generation and distribution sectors so that we could optimize and rationalize our own maintenance schedules, to ensure sufficiency – at least on paper, of power supply throughout the year.” NGCP said it coordinated w it h t h e D OE on t h e preparation and submission of the annual GOMP and that consolidated the preventive maintenance schedules of power plants – that way, power supply availability, at least in an ideal sense, must keep pace with any escalation in system demand. As early as January this year, however, more than 2,200 megawatts of capacities were already being taken out from the system due to the combined impact of forced outages of generating facilities and capacity derating in other plants due to constrained gas supply. “On paper, there appears to be sufficient supply to meet demand, but the plan on paper, the GOMP is not always followed,” NGCP explained. It further noted that “it is when there are scheduled shutdowns and derations, and extensions of maintenance duration, that grid operations may be disrupted enough to warrant the issuance of a grid alert status.” NGCP emphasized it can only “give an overview of the current supply and demand situ at ion, and endeavor to dispatch any and all available grid resources,

it cannot inter vene on matters concerning power generation.”

Rebuild...

from page 1 D e velopment S e cret ar y Eduardo del Rosario, the TFBM chairperson, said 2,418 families from Sectors 1 to 7, composed of 15 villages, applied for building permits. "They are ready to have their houses constructed provided they have the final requirements. So, everything is moving forward and we are optimistic that we can reach our target very soon,” he said in a statement Friday. Del Rosario lauded the TFBM's implementing agencies for their massive rehabilitation efforts in the area, despite going through various challenges caused by the pandemic and inclement weather. "I can see that all the implementing agencies are doing their part, and with the updates given to me on Wednesday, everything is going smooth,” he said. Del Rosario said the government is fast-tracking all projects to meet at least 95 percent of its target before the end of President Rodrigo Duterte's term. “Most projects will be completed by June 30, 2022. But of course, there are some projects that will have to be completed by the end of the year. But I am confident that all these projects, maybe 90 (percent) to 95 percent, will be completed but a few projects will continue,” he added. During his visit to Marawi City on Thursday, del Ros ar io g race d t he inauguration of the Agus 3 Pumping Bridge and the Lilod Madaya Barangay Complex. He also inspected the construction of a 15-hectare sanitary landfill. Construction is in full blast at t he Sar imanok Sports Complex, Marawi Convention Center, Grand Padian Market with ice pl ant , and L a ke L ana o Promenade. Already in their final stages of completion are the Peace Memorial, Marawi Museum, and School of Living Traditions at Rizal Park. Government forces overthrew the Islamic Stateaffiliated terrorists in what is now widely known as the Marawi Siege of 2017 but it flattened the city and left thousands homeless. (PNA)

Agro...

Fix...

burgeoning of S&T solutions in social issues and problems. "It ensures that interventions and solutions are responsive and relevant to the issues of the community. That is why activities of the center include the promotion of food security in the urban centers, promotion, and protection of indigenous cultures, among others," she said. The Agropolis is led by Jango Pacana, the USTPClaveria campus's officerin-charge for the project. In 2 0 2 0 , U ST P– Claveria led the signing of the memorandum of u nd e rst and ing w it h government agencies, such as the Department of Agriculture in Nor thern Mindanao (DA-10), along with local government units and nongovernment organizations to pump agricultural-based knowledge, information, economic-state, science, and technology innovation and development - all of which will be the key programs and initiatives for the Agropolis technopark. Master plan L ast year, the USTP launched its master plan for the upcoming S&T Parks to be situated in three sites, namely the AGILA, which stands for the towns of Alubijid, Gitagum Laguindingan; the Agropolis in Claveria municipality; and the S&T Park in Villanueva town. All of the towns belong to Misamis Oriental province. Na t i o n a l E c o n o m i c Development Authority (NEDA) Region 10 Director Mylah Faye Aurora B. Carino said the endeavor will establish a one-stop government center in the province. "The Regional Development Council of Northern Mindanao which is the highest policy-making body of the region approved t h e prop o s e d re g i on a l government center within the USTP property in Alubijid, Misamis Oriental," she said. USTP System President Ambrosio B. Cultura II, meanwhile, said the S&T Parks in Northern Mindanao is expected to trailblaze the innovation ecosystem. “This is our vision. To create the innovation triangle through the establishment of the three S&T Parks in Nor thern Mindanao that would trailblaze the Innovation ecosystem," he said. (PNA)

Odette. With this, Punong Barangay Pepito Dominguez, Barangay council members, and the Municipal Disaster Risk Reduction and Management team closely worked with TESDA to demonstrate the much-loved Filipino spirit of solidarity and cooperation by repairing the houses damaged by typhoon ‘Odette’ last December. T h e ‘ T E SDA m ay an Operations’, Cruz said is one of the agency’s banner programs created under the leadership of TESDA Secretary Isidro Lapeña that aims to help communities affected by crises such as natural disasters, or any conflicts and incidents that cause displacement among residents. Cruz also said TESDABu k i d non , t h rou g h it s Community Training and Employment Coordinator (CTEC) Milojane Alogar, conducted the ‘skills needs assessment’ in barangay Silo-o, is accordance with Secretary Lapeña’s directive to provincial offices to provide skills training, particularly on construction-related courses, to residents of typhoonaffected areas. TESDA Bukidnon Cluster p ers onnel w ho worke d together with Malitbog local government include Ad m in ist rat ive O f f ic e r Daniel Cañete; Supervising TESD Specialist Abdulwahid Madum; PTC Senior TESD Specialist Augustine Hor tel Matbagon; PTC TESD Dayanara Inguito Durias; TESD Specialist Jessica Christine Dumas, Administrative Aide Ricardo Maestrado; Support Staff Sidney Verano; and Community-based Trainer in Carpentry NC II Allan Revilla with his team. (TESDABukidnon/PIA 10-Bukidnon)

from page 1

Kagay-an Festival 1st Oro Lechoneros Encuentro Champion

for Orders, Contact Yoyong:

09354145759 09169249371

from page 2

Warns... from page 2

no goods declaration is lodged, based on grounds stated in Section 5.1 of the Customs Administrative Order 07-2019. Based on its manifest, the shipment, a container van, arrived in the country from China on January 14 and was consigned to UHE Trading. Dur ing t he physical examination conducted by operatives of the CIIS,

Enforcement and Security Service, the K-9 unit of the Philippine Drug Enforcement Agency 10, and Chamber of Customs Brokers, Inc. re pre s e nt at ive s , it w as discovered that the shipment contained cigarettes branded as “YS”. T he c on f is c at i on of imported tobacco products was the second operation conducted by the BOC-10 this year. On January 6, Customs authorities also seized a container van full of imported cigarettes from China. According to Cris Angelo Andrade, BOC-10 spokesperson, the cigarettes, bearing the brand name “Titan”, were estimated to be worth P8 million, and were also declared as used furniture. It was consigned to a certain Ceri Rey Viola. “ T h e t wo c ont ai n e r vans, although shipped at different dates, were broth wrongfully declared as used furniture. We are grateful that through the intelligencesharing of the CIIS and other agencies here and abroad, the Customs uncovered this modus operandi leading to the confiscation of illegally imported goods,” Andrade said in a phone interview Friday afternoon. (PNA)

Obstacles... from page 4

When challenges come your way, including when you fail, you still have the choice to keep going and reach your goal. “What you do with a great opportunity depends on what you already are; and what you already are depends on your years of daily choices.” This is why we need Jesus to develop in each of us His inner strength and perseverance that is greater than any obstacle we face. You will never regret asking Him to take full charge of your heart and way of living from this day forward. Just think a minute.

Adaptive... from page 4

speaking, what parts of our spiritual and moral life need to be cleaned up, oiled, or perhaps changed, revised or reengineered to adapt to changing circumstances. We need to sharpen our desire to do these things because given our weaknesses, we usually do not like to do

them. We should not forget that we like to enjoy more than to exert effort. Laziness and comfort-seeking is a legacy of our fallen nature. Thes e exercis es c an actually bring us to an i nd e s c r ib abl e s e ns e of adventure, since we will realize sooner or later that there are many new things that are truly helpful to us and are waiting for us to discover. These new things would give us the sensation that we are flowing with the times, not stuck at a certain corner of time or a certain mold of culture. We will soon discover that we have many more potentials that are just waiting to be tapped. These exercises help us in unleashing these potentials and putting them to optimal use and effectiveness for our own good and the good of all, and all for the glory of God. Email: roycimagala@ gmail.com

Life...

from page 4

fantasies to get the better of us. When we think negative thoughts, these affect our emotions in powerful and negative ways +++ Email: doringklaus@gmail. com or follow me on Facebook, LinkedIn or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com.

Academic... from page 7

ATI Center Director Maria Lydia A. Echavez, Assistant Center Director Noemi Beth G. Macario, Senior Agriculturist Anita L. Molijon, Information Officer II Maria Eloisa A. Akut, and Training Specialist III Teodosia D. Jaraba rounded off the participants coming from the center. The Year-end Assessment for EAsY Agri Scholarship Program for the 1st Semester of SY 2021-2022 was held, D e ce mb e r 2 9 - 3 0 , 2 0 2 1 at A loma h’s Pl ace and Nature Farm in Dahilayan, Malaybalay City, Bukidnon. (ATI-10/PIA-10)


12

Lifestyle

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

MON-TUE|JANUARY 24-25, 2022

Visayan Electric restores power to over 80% of customers within franchise area AboitizPower subsidiary Visayan Electric Co. (Visayan Electric) is furthering its power restoration works after it breached its 80-percent re-energization target, with additional manpower and equipment pouring in. Visayan Electric

President and Chief Operating Officer Raul Lucero announced that the power distributor has already restored electricity supply to at least 80 percent of customers within its franchise area. As of noon Friday, January 21, it has re-

Visayan Electric linemen work on a pole damaged by typhoon Odette. Since the middle of December 2021, linemen organic to the company and from other distribution utilities across the country have been working 24/7 to restore power to Visayan Electric’s franchise area.

electrified 394,400 out of its 474,182 affected customers. “We recorded energy demand at 345.3 MW, which is 88% that of the pre-Odette power consumption of 495 MW. It is encouraging to see that power is flowing back into the cities and municipalities that we serve,” Lucero said on Friday. With this achievement, Visayan Electric is now turning its attention to address pockets within the city that still do not have power, and to expand repair work toward the outskirts of its franchise. “We have been getting more help as we progress in our restoration efforts. Twenty linemen from MORE Power, Iloilo City’s electric distribution utility, arrived in Cebu on Monday evening. We are also getting 26 additional people from Luzon who are scheduled to arrive Friday this week,” Lucero said. All 86 personnel from Meralco will be leaving Visayan Electric starting tomorrow, Jan22. 33 of them will go to Surigao and Siargao. The other 53 will return to Manila. Some linemen from other parts of the country are heading back to their original base of operations while others are heading out to places like Surigao to continue their power restoration efforts with other electric cooperatives that badly need help. Earlier, the utility firm also bought nine bucket trucks to add to its fleet of specialized equipment and is eyeing to purchase five more units. The company official further noted that Visayan Electric is also getting another local engineering contractor for civil works, particularly for pole digging. As the utility’s linemen have started to target the outskirts of the metro, Lucero urged neighborhoods for their cooperation in bringing equipment to areas not accessible by big trucks. “Our linemen continue to work 24/7 to re-energize all cities and municipalities within our franchise area, and so we continue to ask for the public's patience as we assure them that they have not been abandoned or forgotten,” he said. Given the significant

restoration progress it has made in recent days, Visayan Electric continues to invest in more manpower and equipment to restore power to the rest of its franchise area the soonest time possible, with the hardest to reach areas to finally get energized. “By investing in more resources for our reelectrification efforts and with the invaluable help from local residents, we will get closer to restoring power to all of our customers as our teams venture into the farthest edges of our franchise area,” said Lucero. “We appreciate the initiative of Visayan Electric to work closely with the City Government of Naga on the re-energization of our puroks and barangays. By joining forces and engaging the help of our community members, we can fasttrack the entry of your workforce and materials. We reiterate the commitment of the City Government in this bayanihan effort,” City of Naga Mayor Kristine Vanessa Chiong said. Naga City is a fifthclass component city of Cebu province, situated approximately 25 kilometers south of the capital Cebu City. As the reelectrification efforts continue, Visayan Electric’s restoration teams also continue to discover the greater extent of the damage caused by the typhoon, as evidenced by more than 2,200 damaged poles, four times the 560 damaged poles previously surveyed last December 26. This number continues to rise as the utility further accesses farther-flung areas. It also restored power to 100% of its substations and around 85% of combined 23KV & 69KV line segments have been energized. All of the 33 hospitals within the Visayan Electric franchise area have been re-energized. For Metro Cebu Water District (MCWD), 98 out of 117 pumping stations (82%) are energized. For Abejo Wells, 19 out of 22 (86%) are already energized. Visayan Electric’s franchise area spans 674 square kilometers or six percent larger than Metro Manila.


Turn static files into dynamic content formats.

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