BusinessWeek Mindanao (June 8, 2016)

Page 1

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

Volume VII, No. 001

Market Indicators As of 5:45 pm june 7, 2016 (tuesday)

FOREX

PHISIX

US$1 = P46.187

7,710.54

5.4

X X Briefly

cents

112.32 points

One Lakeshore

2014 ppi’S Best in ENVIRONMENTAL Reporting Wednesday | June 8, 2016

By ANTONIO L. COLINA IV, MindaNews

D

Suntrust Properties, Inc., a wholly-owned subsidiary of tycoon Andrew L. Tan’s Megaworld Corp., hit P1 billion in sales for its One Lakeshore Drive condominium project from January to May this year. The four-tower residential complex will be located inside Megaworld’s 7.2-hectare Davao Park District township project. “We’re experiencing alltime high on sales for the year for One Lakeshore,” said Suntrust Assistant VicePresident Leonora P. Gutierrez said in an interview. She said units in Towers 1 and 2 are now almost sold out, while Towers 3 and 4 are “doing good” as well.

Pusan point CARAGA, Davao Oriental -- Another towering legacy of Davao Oriental Governor Corazon N. Malanyaon has just been opened to the public: The Pusan Point Science Discovery Center and EcoPark located at Barangay Santiago, municipality of Caraga. Pusan Point has earned its prominence at the start of the millennium as this was the place where the “First Millennium Sunrise” took place. It is where the sun shines first, a tagline adopted by Davao Oriental. It sits on a huge rock formation, 40 feet high from sea level fronting the Pacific Ocean.

P15.00

Duterte: PH to catch up with Asean neighbors www.businessweekmindanao.com

AVAO City — President-elect Rodrigo Duterte said the country must catch up with its neighbors in the Association of Southeast Asian Nations (ASEAN). He acknowledged that the Philippines needs to work on improving its production capacity because the country is very dependent on imported goods from the ASEAN neighbors, although he said

most of these agricultural commodities can actually be produced by Filipino farmers. In his “One love. One N a t i o n” t h a n k s g i v i n g par ty at the Cro co dile asean/PAGE 11

Mesaverte unveils showroom By MARK FRANCISCO, Staff Writer

SOAR HIGH. A worker paints a platform where a giant eagle made out of plastic flowers is currently on display inside a mall in Ecoland, Davao City. MindaNews photo by Toto Lozano

CDO to have Mindanao’s biggest hospital By MARK FRANCISCO, Staff Writer

A TEN-storey hospital, said to be the tallest in Mindanao, will soon rise at the heart of downtown Cagayan de Oro. D r. F e r d i n a n d D . Miranda, head of a local cons or tium w hich wi ll manage the hospital, said the groundbreaking of ACE Medical Center-Cagayan de Oro will be on Sunday, June 12, time for the 118th commemoration of the country’s independence. Mr. Miranda said the 300-bed hospital will be part of the larger Allied Care

Experts Group, a chain of hospitals founded 14 years ago by visionary physicianentrepreneur Amado C. Enriquez. M r. E n r i q u e z , a cardiovascular surgeon by profession, decided in 2002 that hospitals must be owned by medical professionals t hems elves. Thus ACE Medical Center Baypointe was born in Subic. Today there are eight ACE medical centers in operation including its Baypointe flagship. The others are

located in the cities of Quezon, Mandaluyong, Pasay, Pateros, Valenzuela, Malolos and in the municipality of Baliwag, Bulacan. Sixteen are either under construction or about to break ground. The Allied Care Experts Group business model is distinctive in such that it would invite physicians from the localities and become their investment partners. The ACE Medical Center Cagayan de Oro consortium is composed of 60 investors, 23 of them medical professionals based in Northern Mindanao. hospital/PAGE 11

MESAVERTE Residences, the first project of Cebu Landmasters in Cagayan de Oro, recently opened its showroom along Osmeña Extension. Introduced during the grand launch last year, Mesaverte Residences is a community composed of

three mid-rise condominiums soon to rise at the busy city metropolis. Cebu Landmasters chief operating officer Jose Franco Soberano admitted that it took them years to decide on this project. “We waited patiently and this mesaverte/PAGE 11

ABLUTION. A Muslim washes his face before entering a mosque along Quimpo, Boulevard, Davao City on June 6, 2016 to start the Holy month of Ramadan. MindaNews photo by Toto Lozano

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


BusinessWeek MINDANAO

2

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

wednesday|June 8, 2016

Economy

NorMin Population hits 4.69 Million T HE Census of P o p u l a t i o n (POPCEN) results show that the population of Northern Mindanao was at 4,689,302 in 2015 up by 391,979 compared to the recorded count in 2010 at 4,297,323. The region had the 8th biggest population size among the 18 regions in the country. Its population is 4.64 percent of the total population of the country at 100.98 million. Moreover, the population in the region grew by 1.68 percent annually, on the average, from 2010 to 2015. This means that there were almost two persons added per year for every 100 persons in the population. Among the five provinces and two highly urbanized cities, Bukidnon had the biggest population with 1,415,226, comprising 30.2

percent of the total population of Northern Mindanao while Camiguin had the smallest population of 88,478 persons, which is 1.9 percent of the total population in Region X. Cagayan de Oro City was the fastest growing area in the region with an average annual population growth rate of 2.23 percent during the period 2010 to 2015, followed by Lanao del Norte (excluding Iligan City) with an annual population growth rate of 2.05 percent. The POPCEN 2015 was undertaken by the Philippine

Statistics Authority in August 2015 pursuant to Republic Act No. 10625, also known as the Philippine Statistical Act of 2013 and Executive Order No. 352 – Designation of Statistical Activities That Will Generate Critical Data for Decision-Making of the Government and the Private Sector, which stipulates the conduct of a mid-decade census primarily to update the population count in all barangays nationwide. Information on the count of the population were collected with 12:01 a.m. of August 1, 2015 as the census

reference time and date. President Benigno S. Aquino III declared as official for all purposes the population counts by province, city/ municipality, and barangay, based on the POPCEN 2015 under Proclamation No. 1269 dated 18 May 2016. The population counts were based on census questionnaires accomplished by about 90,000 enumerators deployed during the nationwide census taking. The final counts by barangay are available at the PSA website – http://www. psa.gov.ph. (PSA-10/APB/ PIA-10)

HAPPINESS filled Xavier Ecoville during the Global Bubble Parade (GBP) on 29

May 2016, the first not just in the Philippines, but in Southeast Asia.

The Bubble Parade is an international “movement of passionate individuals who share the belief that that happiness is the journey, not the destination, by joining together in peaceful local parades of soap bubbles.” Aimed at promoting resiliency, diversity, and positive interactions within communities, the Bubble Parade is the brainchild of the 100happydays Foundation. Localizing happiness Xavier Ecoville took part in the Kagay-anon version of the parade, coined “Ambit Kalipay,” meaning “share happiness.” Four years ago, Xavier University – Ateneo de C agayan and t he lo ca l government established X av i e r E c ov i l l e as t he resettlement village for the hosts/PAGE 11

CDO hosts Southeast Asia’s first Global Bubble Parade

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

Archdiocese of Cagayan de Oro Campus Ministry In partnership with Department of Education Division of Cagayan de Oro 2-DAY TEACHER’S RETREAT FOR PUBLIC HIGH SCHOOLS May 30-31, 2016 Venue: XU Little Theater for Conferences, classrooms for small group sharing Retreat Master: Fr. Manoling Francisco SJ Theme: The Mercy of God PROGRAM FLOW Day 1: May 30, 2016 (Monday) 7:30 Registration 8:15 Opening Prayer, Orientation, Introduction of Retreat Speaker 9:00 Conference 1: Fr Manoling Francisco SJ 10:15 Silence/Reflection 10:30 Snacks 11:00 Small Group Sharing # 1 12:00 Lunch 1:30 Animation 2:00 Conference 2: Fr Manoling Francisco SJ 3:15 Silence/Individual Reflection 3:30 Snacks

GUIDE FOR THE SMALL GROUP SHARING 1.Introduction of participants and facilitator (pag-ila-ila) 2.Opening Prayer (Song, spontaneous prayer, basic prayers) 3.Presentation of ground rules in sharing  Just be open. Listen to the promptings of the Holy Spirit.  Small group sharing is not the time to solve the problems of the school. It is the time to openly share experiences in the eyes of faith.  Listen, give respect and don’t interrupt to the sharer.

4:00 Small Group Sharing # 2 5:00 End of Day 1 Day 2: May 31, 2016 7:30 Registration 8:15 Opening Prayer 8:30 Conference 3: Fr Manoling Fancisco SJ 10:00 Silence/Individual Reflection 10:15 Snacks 10:45 Small group sharing # 3 12:00 Lunch Venue: at XU Chruch 1:30 Penitential Service 2:00 Confession 3:30 Closing Mass 5:00 End of Retreat

Share just enough, not too long, not too short. Observe Confidentiality. Never talk about what you’ve listened or shared outside of sharing time.  Use the personal pronoun when you are sharing. 4. Sharing proper  What to share? Your answers from the reflection questions. Or anything that struck you from the talk. 5. Closing Prayer  Prayer of petition: Lord hear our prayer  The Lord’s Prayer 

THE SACRAMENT OF RECONCILIATION IS ALL ABOUT ENCOUNTER AND RECONCILIATION  With what you are, deep inside  With others, that may have been harmed by your sins  With the unconditional love of the Merciful God.

EXAMINATION OF CONSCIENCE Look at your relationships With God - Is God (love) or Money (all that money can buy e.g. power, perstige) driving you to do the things you do? - Is God the Center of your life? - Do you pray regularly? - Do you curse and swear, using god’s name? - Do you go to Mass every Sunday? - Do you go to confession at least once a year? With Others - Do you respect, honor, and obey your parents? - Have you physically harmed and injured anyone? - Have you entertained sexually related thoughts, desires and drawn pleasure from them? - Have you engaged in sexually related activities by yourself or with

others? Of the same or opposite sex? - Have you lied and told false stories? Gossiped? Injured the reputation of others? Are you resentful? Jealous? Often angry? Violent? - Have you cheated in exams? Copied assignments from others? - Have you stolen money or other things? From where? How much? How often? - Are you selfish? Dishonest? - Are you envious of what others have? With yourself - Do you take care of your health or abuse it with drugs? Alcohol? - Do you do your best in you studies and work? Are you lazy? - Are you developing the talents you have? Lastly, Fr Manoling is encouraging the School Principal to let their students join in the retreat activity.

ELVIRA P. SEVILLA SST III

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


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

wednesday|June 8, 2016

3


BusinessWeek MINDANAO

4

Opinion

2013 ppi’S Best in Business and Economic Reporting 2014 ppi’S Best in ENVIRONMENTAL Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

wednesday|June 8, 2016

BusinessWeek MINDANAO

YOUR LOCAL ONLINE BUSINESS PAPER

www.businessweekmindanao.com

Businessweek Mindanao Corporation Publisher DANTE M. SUDARIA President/CEO

ALLAN mario MEDIANTE

Vice President for CorporateAffairs

Joe felicilda

Vice President for Administration

joe palabao

Vice President for Marketing

NELSON CONSTANTINO Editor-in-Chief

Cheng ordoñez

gilbert y. chao

Executive Editor

Motoring Editor

BONG FABE

CLIFFORD SANTILLAN

JUN AYENSA

mel-rose codilla

Associate Editor

Layout Artist Advertising

Regional Editor Caraga

ATTY. MARIO T. JUNI

Cris diaz mike baños Uriel quilinguing Contributing Editors

Cell No: 09352379999

Juni Law Office Cruz Taal St., CDO Legal Counsel

MARKETING staff manila office: Unit 310 Valero Plaza, Valero Street, Salcedo Village, Makati City; lani vallido-Marketing Manager ARJAY FELICILDA Marketing Staff - CDO

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. 463826-272-000 – VAT. Reg., and with Business Permit No. 201512879. Tel. Nos.: (088)8578447, 74-5380, 0923-432-0687, 0917-7121424 Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

Member: Philippine Press Institute Oro Chamber

Mercy: What a Gift Think a Minute…There’s a story about a very poor family who inherited $100,000. The mother knew this was their only chance to buy a nice little house and a better life. The daughter saw the money as her only chance to go to medical school and become a doctor. But the older brother wanted the $100,000 to start a business with his friend. He promised his mother and sister that he would soon pay back the money. Well, the mother decided to give her son the one chance he needed to start a business and become successful. But just a few days later, that son’s business friend took all the money and ran. That family’s only hope for a better life was completely gone. You can imagine how terribly guilty the son felt. His sister was so angry she hated him for what he had done. She called him the worst names she could think of. But her mother stopped her and said to her daughter: “Don’t you know that the time to love somebody is not just when they’re doing well. That’s not real love. Real love is loving someone when they’re at their worst and failed. When they can’t believe in themselves. It’s now that your brother needs our love and acceptance the most! And if you haven’t learned that, then you haven’t learned anything!” That’s the kind of love and

THINK

A Minute

Jhan Tiafau Hurst mercy God has given you and me. There’s no possible way we can ever earn or deserve God’s love and forgiveness. We’re like the soldier in Napolean’s army who was being punished for a crime he had done. His mother begged the great leader Napolean for mercy on her son. Napolean said: “Woman, your son does not deserve mercy.” And the mother answered: “I know, sir. If he deserved it, then it would not be mercy.” You see, it’s God’s mercy and love that Jesus Christ died to give us. Because He knows it’s our only hope for a better life both now, and after we die. So won’t you ask Jesus right now for His gift of mercy and new life? Just ask Him to forgive you for all your wrongs in the past, and to help you start changing with Him in charge of your life today, and every day. Just Think a Minute…

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

Never trust someone above 30? Above 30? Above 40? I really don’t know Born in 1953, I started my life at a period, when more b abies have b e en entering the German p opu l at i on t h an n e ve r before. World War II, more or less, the end of the world (!) - as my late grandmother mostly describes that time - has ended eig ht years ago. It was not the end of everything. Really not! The world economic crises changed into another economical world wonder. During the Sixties, we lo oked up on the youth culture of Woodstock as a symbol - of the power of music, the pursuit of self expression, the values of peace, love and community, and the rejection of “the establishment” - even in the midst of torrential rain and an aftermath of footdeep mud. I enjoyed our flower power peace generation

w i t h l o n g h a i r. Ye s , I confess, many times I was really very cynical about my parent’s values, and rejected anything that suggested tradition. Please explain: what is the meaning of tradition? B y t h e w a y, t h a t ’s one thing, which can be obser ved also in the Philippines since a couple of years. I observed such changes since my first visit in the Philippines in 1976. The slogan “Never trust someone above 30” had to be abandoned since I crossed that divide myself. Now, hopefully at the second half of my present life “40” looks impossible young. And let’s be honest to ourselves: Are we not facing the same realities our parents did: Raising families, needs to pay for school et cetera, et cetera? We have held fiercely to freethinking and the untraditional ways our parents - shaped by the

“Depression”, World War II and much more - never had the luxury to feel. Those of us who have made good money hold fewer illusions that a big house and a Mercedes (or any other brand!) in the garage are likely to bring happiness. But guys, what seems most precious to us nowadays is not career or success, but time and the freedom to do the things we love to do that hold meaning. Earnings through a job we don’t like might be painful; but isn’t it much more painful to wait for nothing while being fed by a friend? Failed marriages, difficult mid-life attempts, s o m e t h i n g t h at m i g ht pass away a family - yes, I think, we know the rarity of solid and long living relationships with a partner, with children or with a hard to find friend. We may even dare to

H ave M y Say

Klaus Doring

speak the language that 30 or 40 years ago would have seemed uncool. Describe it calling to God or spiritually, but it would probably be the quest for the sense of life, an the hope and faith, that one exists. +++ Email me: doringklaus@ gmail.com or follow me in Facebook or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www.klausdoringsclassicalmusic.blogspot.com .

Sam Penaso’s Habit of Winning I vouch the idea of leading motivational authors: winning is a mindset. It is a habit that one develops through constant and deliberate effort. In t he c as e of S am Penaso—this year’s GSIS Art Competition grand champion (painting) and third prize winner (sculpture) —it comes not as a happenstance but as the price of persistence. Penaso’s GSIS entries speak for themselves. His painting entitled, “Futurescape”, uses broken letters and numbers as elements of the composition rendered with minimal colors. While the ordinary eye cannot immediately get the painting’s poetic significance, the signifiers seem to speak to us: we are both scaled or measured for what our individual destinies require us, and our “being and doing” that defines us is both a finished and a progressive act of the Creator. About Penaso’s second runner-up sculpture, his entry, “Naturescape”, gives importance to the natural habitat. It reminds us that as we are living in a neverending quest for greatness, we

should not forget to sustain our ecology. Contending with the country’s finest, I can imagine as an artist how the big wigs make valiant attempts to get such feat which Penaso gets. But what is elusive to many has already become a simple twist of the wrist for Penaso. This year, he brings home a total of P400,000 plus another indelible proof of going higher among art’s upper crusters. Penaso romped home many other awards—an attestation that he has truly come to his feet through his prodigious oeuvres, not through some popularity contests. He is also the champion in three other national contests: GSIS Ar t C omp e t it i on 2 0 1 4 “First Prize” (Mixed Media Category); Art Association of the Philippines (AAP) Sculpture (2012); and Gawad Ka Amado Hernandez, Sining Biswal (2004). In other national contests, he is usually in the top three or an honorable mention such as in Metrobank Painting Competition and AAP. His exemplary art is recognized

abroad: in 2014 Asian Cultural Council (ACC) he was a grantee going to New York for 6 months residency where he was the finalist in Winter Grand Salon Show; in Japan, he was a semi-finalist in the Beppu Asia Biennale of Contemporary Art. A prolific artist at that, Penaso has had 22 solo exhibits in the country and abroad in Japan, Thailand, Austria, Germany, Singapore, New York and Abu Dhabi. The span of time to hold these shows from 2002 indicates a spontaneous energy—a hallmark that distinguishes the artist from the rest. Aside from these shows, he is actively involved in performance art overseas where he spent his residency grants, and in the Philippines. What inspires me more is that the artist is also a Boholano. Penaso recalls, “Mahirap lang kami kaya noong high school, ang titser na kapatid ng mama ko ang nagpaaral sa akin sa high school sa St. Mary Academy, Sawang, Guindulman, Bohol.” After he finished high

lucell larawan school, the artist ventured in Manila. He worked in his uncle’s advertising shop while he took a fine arts degree at Technological University of the Philippines until he graduated. While Penaso looks back how he lived in Bohol, he said: “Halos araw-araw akong naligo, namana at namingwit ng bugaong…” If we, however, assess how far he has already trekked from being poor, we see that the artist has leveled up to a perpetual catcher of stars. He could be a name to watch out for in the next nominations for National Artist Awards. Who knows?

Let us pray for Duterte and his gov’t LIFE’S INSPIRATIONS: “… I urge, then, first of all, that petitions, prayers, intercession and thanksgiving be made for all people— for kings and all those in authority, that we may live peaceful and quiet lives in all godliness and holiness…” (1 Timothy 2:1-4, the Holy Bible). -ooo LET US PRAY FOR DUTERTE AND HIS GOV’T: Some of our readers in this column seem disturbed by an item we wrote about the sudden acceptance by our people of rudeness and of cursing and shouting invectives in public, which

item obviously referred to incoming President Rodrigo Duterte. Our readers quoted a verse from the Bible, which I have been quoting quite often here, that citizens must obey their leaders at all times because that is God’s command. I wish to assure everyone that whatever be Duterte’s conduct before and after he assumes the presidency, I will still strongly push for all Filipinos to subject themselves to his reign, for, indeed, that is a godly principle. It is against God’s commands to rise up and fight, and then oust, ala EDSA Revolution I and II, leaders

who were clearly installed by divine direction. However, I also maintain that as citizens who are concerned about what is happening to our country, we should be free to voice out ou r t h ou g ht s an d observations about how our leaders, especially President Duterte, conduct themselves especially in public, and then pray urgently that God will guide and then ultimately change them towards godly directions, as the Bible verse we quoted here indicates. -ooo I N VO K I N G G O D’ S PROTECTION FOR RP IN THE NEXT SIX YEARS:

K akampi

Mo A ng Batas

Atty. Batas Mauricio Indeed, in the face of big cha l le nge s conf ront ing not only Duterte but our own people as the Duterte government is ushered in batas/PAGE 9


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

CorporateWorld

IEA: Solar panel prices drop by 80% from 2008-2015 THE International Energy Association has reported the prices of land-based solar panels had dropped to around 80 percent from 2008-2015. According to its Next Generation Wind and Solar Power study, solar had become had fell by “almost 80 percent” from around 78 percent last in 2014. The IEA also noted landbased wind technology costs fell by 35 percent from 30 percent in 2014. It observed both resources have a new phase of deployment -- compared to its earlier trend of “technology learning and cost reduction” -- as they became “technologically mature and economically affordable”. The association cited both technologies contributed to more than 90 percent of IEA’s “incremental demand” for energy in 2015. The IEA further stressed the cheaper costs and technological maturity of wind and solar power will provide an option for policy makers to help meet objectives in diversifying supply and reducing C02 emissions. “Wind and solar power are expected to make a critical contribution to meeting the ambition of the Paris Agreement. Their contribution to power

systems around the globe is rapidly moving from marginal to mainstream, including in emerging and developing countries,” it said. The Philippines, on the other hand, is still subsidizing emerging renewable energy technologies through the feedin-tariff allowance -- despite the cuts in other countries such as Italy, Spain and the United Kingdom. For the solar and wind FITall, the first round cost PHP9.68 per kilowatthour and wind at PHP8.53 per kWh, while the second round saw lower rates at PHP8.69 per kWh and PHP7.40 per kWh, respectively. Whetherthecountrywillhave a third round for fully allocated 500-megawatt solar and 400-MW wind FIT subsidies remains to be seen, as the Department of Energy has not announced its policy direction yet -- while the Energy Regulatory Commission is hesitant on a new round due to the expected power bill increases. “The National Renewable Energy Board has not given its recommendation yet,” Energy secretary Zenaida Monsada said last May. “We want to be consulted in the following rounds,” ERC chairman Jose Vicente Salazar also said earlier. (PNA)

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

5

2014 ppi’S Best in ENVIRONMENTAL Reporting

wednesday|June 8, 2016

Smart fails to get franchise extension

T

HE 16TH CONGRESS adjourned on Monday without the Senate approving the extension of Smart Communications, Inc.’s franchise, which is set to expire next year. Senator Sergio R. Osmeña III, acting chairman of the public services committee, cited the standing objection by Senate Deputy Minority Leader Vicente C. Sotto III, which caused the deferment of House Bill No. 5942. The bill, which extends Smart’s franchise for 25 years, was originally scheduled for approval on third and final reading during on May 23. But ever since Mr. Sotto sought its deferment, it has not been put back on the agenda until the Senate adjourned sine die on Monday. It will be back to square one for the bill, which would have to be filed again with the House of Representatives once the 17th Congress opens in July. “We have to respect that objection, and I couldn’t do anything about it,” Mr. Osmeña said in an interview. “The management of Smart will have to refile that bill

next Congress.” In a separate interview, Mr. Sotto said the bill’s impending return to the committee level will allow lawmakers to raise concerns

over Smart’s dismal services. He said he and four other senators were not adequately informed of the previous hearings where they could have raised the complaints

over issues, such as slow Internet service and dropped calls. “Twenty-five more years, can you imagine that? They fails/PAGE 11

A duo from the Capitol University Dance Troupe showcase their talents as a new academic year starts. PHOTO BY MARK FRANCISCO


BusinessWeek MINDANAO

6

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

wednesday|June 8, 2016

CivicAction

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

PLDT, Smart to roll out LTE on 700 MHz frequency

W

Low-band, high-value frequency to allow Smart to deliver faster Internet service

IRELESS services leader Smart Communications will start using this year the 700 MHz frequency as part of the accelerated deployment of its LTE (L ong-Term Evolution) service, in order to more quickly deliver faster, more reliable and affordable Internet services throughout the country. “Our strategy has two legs. First is the network. Deploying LTE on 700 MHz combines a powerful frequency with the most

advanced mobile phone technology,” said Joachim Horn, PLDT and Smart chief technology and information advisor. “Combined with other frequency bands, LTE on 700 MHz will help expand the coverage and enhance the capacity of our data network at a faster pace.” “Second are the devices. We have b e en holding discussions with device manufacturers so that more affordable LTE smartphones and tablets using 700 MHz will soon be available in the country. This combination

of advanced network and devices will enable allow us to provide the best digital experience to our customers across the country,” he said. The low-band 700 MHz has a longer range and provides better indoor coverage than high band frequencies. Smart gained access to this and other additional frequencies when Smart’s parent company PLDT recently acquired 50% of the telecoms business of San Miguel Corporation. LT E i s t h e f o u r t h generation (4G) mobile phone

technology that currently provides the fastest wireless data service commercially available. Ab o u t 4 5 % , o f t h e subscribers of PLDT’s wireless brands Smart and Sun are now using smartphones, up from only 30% last year. The majority of these are 3G/HSPA handsets, but the number of LTE handsets is rising fast as the range of available models increases and the handset prices decline. Globally, according to UK-based global analyst

High cost, poor quality of Internet ail PH ICT market Information and communication technology (ICT) services in the country remain one of the most expensive in the Asia-Pacific Region. Worse, Internet speed is not proportional to the costs. A recent study by the Philippine Institute for Development Studies (PIDS) concluded that this problem is primarily caused by the lack of comprehensive policies on ICT development, which, in turn, results in unequal distribution of digital dividends or the development effects of ICT. The study, authored by PIDS Senior Fellows Jose Ramon Albert and Ramonette Serafica, and former PIDS Research Analyst Beverly T. Lumbera, asserts that there is a direct relationship between increased ICT access and economic growth. A World Bank study likewise concluded that for every 10-percent increase in high-speed Internet connection, economic growth increases by 1.3 percent. “ICT, especially the Internet, promotes inclusion. Micro and small firms can connect with potential buyers in another country through Internet and social media. They can also gain knowledge and skills to trust a new business partner based on information gained from the Internet,” the

PIDS paper stated. Thus, the authors argue that for the Philippines to sustain its good economic performance and boost its growth, government must invest in building a reliable, accessible, and affordable ICT infrastructure. Maximizing the benefits from ICT, according to them, requires formulating and implementing policies that would boost ICT development, promote competition, and further interconnectedness. According to the International Telecommunication Union’s ICT development index, the Philippines placed fifth among countries across Southeast Asia in terms of the number of people who have access to the Internet. Internet access or Internet penetration has grown the most in the last six years, from 9 percent in 2009 to 25 percent in 2010. By 2014, the Philippines is expected to have 40-percent Internet penetration. The Philippines improved its performance ranking in the global ICT ranking from 105th in 2014 to 98th in 2015. This can be attributed to the increase in access to mobile phones and broadband subscription services. However, policymakers should look beyond widening access, the authors said. The Philippines’ connection speed according to the Akamais

State of the Internet Report on Asia Pacific is at 2.8 megabits per second (Mbps), the second lowest in terms of average connection speed. The global average is 5.2 Mbps. To maximize digital dividends, the authors urge policymakers to target ICT development, widen access, and promote competition and further interconnectedness. “Part of ICT development should improve regulations regarding Internet exchanges. Telecommunication companies exact fees to let other companies pass through their physical networks; in turn, this racks up the costs of providing connection,” they explained. The authors lamented the fact that despite the high cost paid by consumers for poor quality connection, there is little action from government. Effective implementation of rules and regulations is also lacking; thus, telecommunication companies have gotten away with providing a lot less speed than advertised. With the passage of the Philippine Competition Act, the authors are hoping that these would give regulators more legal ammunition to address anticompetitive practices and bad performance, and hold

telecommunication companies accountable. “The responsibilities lies with the National Telecommunications Commission and the Department of Trade and Industry. They need to reform some regulations and rectify penalties that are no longer effective to prompt better competitive practices,” the paper suggested. Other policies being monitored include the Data Privacy Act of 2012, which covers the protection of personal privacy and data, cybersecurity, and digital literacy. The paper noted that access is a good priority, but making sure access remains open and safe is equally critical. The authors noted that the quality of the national Internet backbone is so bad that 70 percent of domestic Internet traffic runs through Hong Kong. The lack of a national broadband policy makes Internet services expensive yet slow. Meanwhile, the foreign equity restriction of 40 percent dissuades capital and expertise from coming into the country to help improve the ICT sector. In conclusion, the authors emphasized that the government and the private sector have to work together to address the bottlenecks that impede ICT development.

company CCS Insight, LTE devices shipped rose from 443 million in 2014 to 900 million in 2015. This year, LTE-capable devices are expected to account for half of all smartphone shipments worldwide, further rising up to about three quarters of the global market by 2020. “As LTE devices become more affordable and accessible, we are at the same time stepping up our efforts to deploy our LTE service using the most efficient set of frequencies,” Horn added. Smart is currently in

the middle of a three-year network improvement program that includes a number of simultaneous initiatives. One activity aims to synergize the mobile phone networks of Smart and Sun in order to improve the coverage and service quality for subscribers of both brands. Another initiative is expand the roll out of Smart’s 3G and 4G services. In yet another activity, Smart has introduced to the country the next stage of development of LTE called lte/PAGE 9

CEB celebrates anniv of Manila–Doha route Offers one-way fares to the Gulf country for as low as P3,999 (all-in)

THE Philippines’ leading c a r r i e r, C e b u P a c i f i c (PSE: CEB), celebrates the anniversary of its operations to Doha, Qatar, with an exclusive, week-long seat sale. CEB is the only lowc o s t c ar r i e r op e r at i n g direct services between the Philippines and Qatar, with a total of three flights per week starting July 9, 2016. The airline is offering the seat sale for these thrice weekly services, or for travel between July 9 and September 30, 2016. Passengers who wish to explore Doha’s rich culture and architectural wonders may now book one-way flights for as low as P3,999. Quoted fare includes country-specific taxes and fees. Baggage, hot meals, seats with extra legroom, and onboard Wi-Fi, among others, are options that may be added per the passenger’s preference. This exclusive promo is

available from June 4 to June 10, 2016, or until seats last. “ We t a k e p r i d e i n servicing the growing Filipino community based in Qatar. By bringing the Philippines closer to the Middle East and launching such exclusive seat sales, we are optimistic that we are offering people more opportunities to fly and create beautiful memories with their loved ones,” says Atty. JR Mantaring CEB Vice President for Corporate Affairs. Passenger volume to and from Qatar remain robust, with over 58,000 travelers flown since the airline began operations in June 2015. Latest statistics from the Philippine Department of Tourism also indicate that visitor arrivals from Qatar to the Philippines rose by 10.4% between January to March this year, versus the same period in 2015. ceb/PAGE 9


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

Billboard

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

7

2014 ppi’S Best in ENVIRONMENTAL Reporting

wednesday|June 8, 2016

Caltex Fuel Your School Empowers Science, Technology, Engineering and Math Learning in Davao City Issues call-to-action for businesses to support STEM education in the country

D

avao C i t y , Philippines – Chevron Philippines Inc. (CPI), marketer of Caltex fuels a n d l u br i c a nt s , to d ay announces that it will make a significant investment in Davao City’s workforce of tomorrow or today’s students from public senior high schools. CPI als o encourage d other businesses to do so all over the country. This was revealed by CPI Countr y Chairman Peter Morris during the launch of Caltex Fuel Your School (FYS) in a Caltex station in Brg y. Bajada, Davao City. “From June 1 to June 30, 2016, for every 1-liter purchase of Caltex with Techron or sale of Delo Sports diesel engine oil at participating Caltex stations in Davao City, we will donate one peso (P1) to support qualified classroom

projects in STEM subjects,” announced Morris. CPI is allo cating P3 million for the purchase of better classroom facilities and advance d le ar ning m at e r i a l s f or s t u d e nt s in Davao City’s highestneed senior public highs schools taking the Science, Technology, Engineering and Mathematics (STEM) track of the K-12 education. The fuel-to-donate campaign is well timed, given the entry this year of the country’s first Grade 11 public school students. The multi-awarded Caltex FYS PH is launched in partnership with the Department of Education (DepEd) and the American Chamber Foundation Philippines (ACFP) with the support of American Chambers of the Philippines-Mindanao C h apt e r. T h e p ar t n e r s hope to boost to improve

learning by equipping less privileged public senior high schools with quality learning materials. The DepEd Region X I of f i c e h a s s e l e c t e d the highest-need public senior high schools in the city to participate in the campaign. ACFP will screen the proposed projects based on a set of criteria (to know more about the criteria, visit Caltex Facebook page), with the resulting shortlisted s cho ols’ proj e c ts to b e posted on the Caltex FYS Facebook page for voting. Each qualified entry can receive up to a maximum of P100,000 worth of classroom materials, wherein projects with the most number of votes get funded first. ACFP will use the P3 million grant to procure equipment for the qualified STEM classroom projects. “ C a l t e x F u e l Yo u r

Chevron Philippines Inc. (CPI) recently launched Caltex Fuel Your School Davao City to help purchase teaching equipment for the city’s 30 highest-need public high schools in the city. Photo above shows (L-R) CPI Country Chairman Peter Morris; Department of Education Region 11 Asst. Regional Director Teresita Tambagan, and American Chamber Fnd., Executive Director Jun Salipsip signifying their solid support for FYS Davao City.

Actor Aljur Abrenica gets a selfie with an ecstatic fan during his performance at a corporate event early last June 4 at Limketkai Atrium. PHOTO BY Mark Francisco

Caltex staff jumpstart Caltex Fuel Your School in Davao: Customer service representatives of Caltex stations in Davao City all ready to promote Caltex FYS for the benefit of Davaoeño students.

School’s vision is not just to modernize education in the Philippines, but also to empower the teachers and equip the students with high quality and advanced le ar ning, ma king t hem career-ready as they step out of school. By involving different partners such as educators, Caltex retailers and lubricant accounts as well as Davao motorists, Caltex Fuel Your School models the idea of ‘it takes a village to raise a child’,” stated Morris. “We are issuing a call-toaction to other businesses to join Chevron in supporting proj e c t - b a s e d l e ar n i ng methods to increase engagement in STEM and promote engineering design thinking in classrooms. We must increase student engagement in STEM subjects. This is not a small challenge, and the business community has to do its part. If we want to truly make a difference, we must

all work together to provide educators with resources to interest students and prepare them for STEM r e l a t e d c a r e e r s ,” s a i d Atty. Raissa Bautista, CPI Manager for Policy, Gov’t and Public Affairs. AmCham PhilippinesMindanao Chapter is grateful for the partnership with Chevron in helping uplift Philippine education. Ed Feist, ACFP President, believes that “education is what the country needs to further propel its progress, and modernizing the education system is a significant step towards achieving it.” D e p E d X I R e g i on a l Director Alberto Escobarte s e e s C a lt e x Fu e l Yo u r S c h o o l i n i t i at i v e a s a welcome development to the continuous upliftment of education in Davao City. “This will surely help fuel up the learning process in Davao City as it maintains its title as the education hub

in Mindanao,” Escobarte said. “We are thankful and happy that Caltex retailers here in Davao City are given the opportunity to work as one. This initiative is our way of giving back to D av a o C it y s cho ol s particularly at this time when senior high school will be implemented for the first time and public schools need all the help they could get to successfully teach STEM,” said Allan Orillan, a Caltex retailer in the city. Mor r i s a s s u re s t h at Caltex FYS is set to fuel up STEM learning in more schools in the country every year. CPI is committed to contribute to the development of education in the countr y through its long-term Energy for L e ar n i ng i n it i at ive under which more and more programs are being created to provide learning and livelihood skills to disadvantaged people.

Chevron Philippines Inc. (CPI) recently launched Caltex Fuel Your School (FYS) Davao City to help purchase teaching equipment for the city’s 30 highest-need public high schools in the city. With the recent implementation of the K-12 educational system, public high schools will need to acquire quality tools for teaching Science, Technology, Engineering and Math subjects. Photo above shows (L-R) ACF Project Manager Daisy Palor, CPI Provincial Retail District Manager Rafael Melo; CPI District Sales Manager-Branded Marketer Stephen Tiongco; Department of Education Region 11 Asst. Regional Director Teresita Tambagan; CPI Country Chairman Peter Morris; CPI Manager for Policy, Gov’t and Public Affairs (PGPA) Raissa Bautista; CPI PGPA Coordinator Cherry Ramos; and ACF Executive Director Jun Salipsip during the Caltex


BusinessWeek MINDANAO

8

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

wednesday|June 8, 2016

Feature

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

We’re breaking new ground!

Allied Care Experts (ACE) Medical Center Cagayan de Oro Inc., makes state-of-theart health care facilities become a reality for the city of Cagayan de Oro as it breaks ground on Sunday, June 12, 2016. The 10-story, 300-bed Level 3 hospital located in Rosario Drive, LKK, Lapasan, is just one of a group of ACE hospitals nationwide that seeks to make health care accessible and affordable where and when the patient needs it most. Local residents need not seek medical care elsewhere, as modern facilities – coupled with the organization’s

mission to provide quality health care with altruism, compassion and excellence will be readily available locally. The Corporate Board is composed of 23 medical specialists from Cagayan de Oro who have been actively practicing in the city for sometime, as well as 37 medical specialists based in other parts of the country whose expertise and experience will make the hospital’s services at par with the best in the country and soon even in surrounding Southeast Asia. It is chaired nationally by Dr. Amado Manuel C. Enriquez Jr., a thoracocardiovascular surgeon with practice in Manila. Other existing Allied Care Experts (ACE) hospitals in the country are located

in Valenzuela, Baliwag, Pateros, Quezon City, and Baypointe, Subic Bay Free Port Zone. Construction is ongoing for other Allied Care Expert (ACE) hospitals in the Visayas such as in Cebu, Bohol, Dumaguete, Iloilo and Tacloban. Soon, other ACE hospitals will rise in Mindanao specifically in Davao, Butuan City, Zamboanga, General Santos City and now in Cagayan de Oro. This network of experts and facilities elevate health care into an exciting opportunity for Cagay-anons and people from nearby provinces to enjoy Allied Care Expert’s commitment to providing outstanding care and quality service all over the country.


BusinessWeek MINDANAO

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

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

wednesday|June 8, 2016

Batas... from page 4

by noon of June 30, 2016, the primordial objective of all Filipinos who believe in Jesus as God and Savior should be to invoke God’s grace and protection for our nation in the next six years. Now that the inutile and inef f icient Aquino government and its vindictive streak against its political enemies are becoming a thing of the past, and that a new government led by an action-oriented, even if wholly irreverent, president is taking over, there is an urgent need to make sure that God becomes the center of everything in our country, whatever we conceive God to be for each of us. For Christian believers, the way to do this is to strengthen our faith in Jesus as God and Savior. This sounds simple enough but it will require a lot of discipline and hard work, and we can start by obeying the command: read the Bible everyday, study or meditate on it day and night, and carefully obey everything that is written in it every second of our lives. -ooo EMPOWERED SOCIETY OF FILIPINOS: Truly, a society that takes on the discipline of knowing the Word of God daily, and studying the nuances of that Word insofar as its application on its day-to-day living, and living out what the Word says all the days of their citizens’ lives, would be a society that is empowered in all its ways, including with financial and economic prosperity. Citizens that acquaint themselves with the Word of God know that they should fear and love God all the time, and this would make them shun graft and corruption,

avoid illegal transactions and drug deals, and serve only the interests of the people that they transact with. With this kind of an attitude, there will be more money for projects that benefit the whole country, especially the poor and the marginalized. On the other hand, we are already witnesses to what citizens who do not have the Word of God in their hearts have made themselves of. They are blasphemers, money lovers, disrespectful of their parents and of all other peoples at the same time, and are capable of doing even the most devilish acts at the flick of a finger. Let us change all of these now, by knowing God through His Word. -ooo PLEASE LISTEN: “Ang Tanging Daan” (The Sole Way): a Bible study and prayer session online could now be heard, 24 HOURS a day, in the Philippines and the world at www.facebook.com/ angtangingdaan or www. facebook.com/ANDKNK (and look for “Ang Tanging Daan” broadcasts). Phone: 0922 833 43 96, 0918 574 0193, 0977 805 9058. Email: batasmauricio@yahoo.com.

LTE...

capable of carrier aggregation, Smart posted data speeds of up to 250 Mbps in Boracay. “This technology will help address the increasing demand for LTE and highspeed mobile data,” Horn said. Smart’s drive to boost data coverage and capacity across the country forms a major part of the PLDT Group’s capital expenditure program. PLDT has set aside about P43 billion in total capex for 2016. It has allocated an additional US$100 million for to utilize the additional frequencies now available to Smart as a result of the recent acquisition of San Miguel telecoms business.

CEB... from page 6

Qatar houses the third largest Filipino community in the Middle East. CEB launched twice weekly services to its capital Doha on June 4, 2015. To meet increasing travel demand, the airline recently announced that it will mount an additional flight between Manila and Doha beginning July 9, 2016, increasing services to three times a week. Aside from Doha, CEB also serves the other markets for global Filipinos in the Middle East: United Arab Emirates via Dubai, the

Republic of the Philippines Local Civil Registrar Office Province of Lanao del Norte Municipality of Lala NOTICE OF PUBLICATION In compliance with Section 5 of RA Act No. 9048, a notice is hereby served to the public that Florie Sanchez Asis has filed with this office a petition for Change of First Name from Flordevires to Florie in the birth certificate of Flordevires Sanchez who was born on January 22, 1952 at Daromawang, Lala, Lanao del Norte and whose parents are Eugenio Sanchez and Ines S. Salapan. Any person adversely affected by said petition may file his written opposition with this office not later than 15 days. (Sgd.) MARICHU M. SANCHEZ, MBA, MA. Municipal Civil Registrar BWM: June 8 & 15, 2016

from page 6

LTE-Advanced (LTE-A), also referred to as 4.5G. Last April, Smart fired up the country’s first 4.5G service in the resort island of Boracay, using a feature of LTE-A called carrier aggregation. Through carrier aggregation, LTE-A combines two or more frequency bands to deliver bigger bandwidth to mobile phone users. This is like putting together several lanes of a highway so that vehicular traffic can flow more freely and at a faster rate. Using Samsung handsets

Kingdom of Saudi Arabia via Riyadh, and Kuwait. The airline’sextensive network covers over 90 routes and 64 destinations, spanning Asia, Australia, the Middle East, and USA.Its 57-strong fleet is comprised

9

2014 ppi’S Best in ENVIRONMENTAL Reporting

of 7 Airbus A319, 36 Airbus A320, 6 Airbus A330, and 8 ATR 72-500 aircraft. Between 2016 and 2021, CEB expects delivery of two more brandnew Airbus A320, 30 Airbus A321neo, and 16 ATR 72-600 aircraft.

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 35 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF SHERIFF’S NOTICE OF SALE EJF File No. 2016-118 Upon extra-judicial petition for sale under Act 3135 as amended, filed by BALIKATAN PROPERTY HOLDINGS, INC., Mortgagee/Assignee, with office at 23/F RCBC Savings Bank Corporate Center, 86th & 25 Sts., Bonifacio South, Bonifacio Global City, Taguig City, against OSCAR D. ESTORAS, Mortgagor, with known address at R.N. Chaves St., Cagayan de Oro City, to satisfy the mortgaged indebtedness which as of March 16, 2106, amounts to ONE HUNDRED NINETY FIVE THOUSAND SEVEN HUNDRED PESOS (P 195,700.00), inclusive of interest, penalty charges and expenses in incidental thereto plus the expenses of the foreclosure, the undersigned sheriff will sell at public auction on July 6, 2016, at 10:00 o’clock in the morning or soon thereafter at the Regional Trial Court, Branch 25, City Tourism Hall, City Hall Compound, Cagayan de Oro City, to the highest bidder for CASH and in Philippine Currency , the property mentioned in the said mortgage which is described as follows: TRANSFER CERTIFICATE OF TITLE NO. T-93538 “A PARCEL OF LAND (Lot 7, Block 4, Pad-104305-018798), being a portion of Lot 3656, Cad-237, Cagayan Cadastre) situated in the Barrio of Iponan, City of Cagayan de Oro, Island of Mindanao. Bounded on the E., along line 2-3 by Road Lot 7; on the S., along line 3-4 by lot 9; on t he W., along line 4-1 by lot 8 on the N., along line 1-2 by Lot 5, all of the same block of the subd., plan Pad104305-018798, containing an area of EIGHTY SIX (86) SQUARE METERS, more or less, include all the improvements existing thereon. Registered in the name of OSCAR D. ESTROSAS.” All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public auction, should not take place on the said date for whatever reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers/bidders may investigate for themselves the title of the herein above-described property and encumbrances thereon, if any there be.

Cagayan de Oro City, May 27, 2016.

FOR THE EX-OFFICIO PROVINCIAL SHERIFF:

BWM: June 8, 15 & 22, 2016

CNN Philippines Stations Nationwide

CNN Philippines TV-5 Cagayan de Oro

RPN Radyo Ronda Stations Nationwide

DXKO 1368 Cagayan de Oro

(Sgd.) LOVE M. VERDABERO Sheriff IV


BusinessWeek MINDANAO ing r o t o m

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS NEWSPAPER wednesday | june 8, 2016

2014 ppi’S Best in ENVIRONMENTAL Reporting

Motoring Editor: GILBERT Y. CHAO

10

Honda releases New Odyssey 8-seater variant

H Starmobile powers A-1 Driving School driver’s education program Leading Filipino tech brand Starmobile has recently announced a partnership with A-1 Driving School, the premier driving school in the country, to incorporate the use of mobile devices in the latter’s driver education program. “While our courses are already recognized as one of the most respected and trusted in the industry, we are committed to further advance them by incorporating the latest technologies to make them more engaging, effective, and relevant for our students,” said A1 Driving School AVP Aljun Garcia. “We have found a partner in Starmobile, whose line up of devices and deep expertise in technology have enabled them to meet the requirements of our program.” As part of the

partnership, A-1 will deploy Starmobile ENGAGE 10 Pro and Starmobile UP Max to its instructors, registrants, and trainors in its more than 80 branches nationwide to assist them in providing personalized driving education to its clientele. A-1 and Starmobile will also collaborate on educational content on road safety and courtesy, including the proper and responsible use of mobile technology on the go, that will be shown to student drivers. “We are happy to offer our devices to help A-1 in their mission to create not just skilled, but disciplined drivers,” said Starmobile Product Development Head Michael Chen. “We believe that we can move closer in making our dream of having better roads a reality by becoming better drivers.”

onda Cars Philippines, Inc. (HCPI), Honda’s automobile business unit in the Philippines, rolls out the New Odyssey EX Variant with 8-passenger seat capacity. A year since the Japan-made Odyssey entered the Philippine market, the Odyssey line-up was expanded as a response to the evolving needs of the market. The New Odyssey EX gets a 3-passenger, 60:40 split bench for its second row and Honda retained its 3rd Row Magic seats. It is equipped with a fold flat mechanism, which stores the third row under the floor to provide more cargo room and flexibility. The 3rd row also features three-way split reclining

structure, which allows passengers to individually fold or recline their seats in preferred angles for utmost comfort. This enables the New Odyssey EX to haul 8 passengers (2+3+3 seat configuration) comfortably with generous head, elbow

and leg room. It can also hold a sizeable amount of load even when all seats are in use. Furthermore, the center seats on the second and third rows may also be folded to convert the vehicle to a 6-seater with center storage especially for long items.

The New Odyssey EX is equipped with the same Earth Dreams Technology 2.4 liter DOHC i-VTEC engine that produces a maximum power output of 175 ps at 6,200 rpm, and a maximum torque of 23.0 kg-m at 4,000 rpm. The engine is paired with an Earth Dreams Technology Continuously Variable Transmission (CVT) and paddle shifters. The New Odyssey EX Variant is available at all Honda dealerships with a suggested retail price of Php 1,948,000. A 7-seater with captain seats Honda Odyssey (EX-V Navi) is also available with the suggested retail price of Php 2,368,000.

Petron joins DOE’s Euro 4 Fuel Economy Run Petron, the country’s leading petroleum company, was the official fuel for the Department of Energy’s (DOE) Euro 4 Fuel Economy Run, held on May 27, 2016. This is part of the DOE’s initiative to strengthen the country’s energy efficiency and conservation efforts by expanding the Philippine Energy Standards and Labeling Program (PESLP) to include light duty motor vehicles. With support from the Chamber of Automotive Manufacturers in the Philippines (CAMPI) and the Association of Vehicle Importers and Distributors (AVID), a total of 70 vehicles were entered in this fuel efficiency benchmarking run. Thirty-eight gasoline engine cars used Petron Euro 4 XCS, while 32 diesel vehicles used Petron Euro 4 Turbo Diesel. With Petron Clark Station in Angeles City,

Pampanga, as the takeoff and finish point, the run traversed some 300-kilometers on the SubicClark-Tarlac Expressway (SCTEX) and TarlacPangasinan-La Union Expressway (TPLEX). The car companies fielded their own driver-navigator teams for the run, with an independent observer riding shotgun to ensure that guidelines were complied with. The participating car companies include: Asianbrands Motors Corporation (Mahindra), Automobile Central Enterprise Inc.

(Volkswagen), Bayan Automotive Industries Corporation (BAIC), Berjaya Auto Philippines (Mazda), British United Automobiles Inc., Columbian Autocar Corporation (Kia), Eurobrands Distributor Inc. (Peugeot), Ford Group Philippines, Honda Cars Philippines Inc., Hyundai Asia Resources Inc., Isuzu Philippines Corporation, Mitsubishi Motors Philippines Corporation, Motor Image Philippines Inc. (Subaru), Nissan Philippines Inc., PGA Cars Inc. (Audi / Porsche), Pilipinas Taj Autogroup Inc. (Tata Motors), Suzuki Philippines

Inc., The Covenant Car Company Inc. (Chevrolet), Toyota Motor Philippines Corporation, United Asia Automotive Group Inc. (Foton), and Volvo Philippines. Petron was the first oil company to locally produce a full line-up of gasoline variants that meet Euro 4 standards, six months ahead of the government mandate requiring all fuels sold in the country to meet the Philippine Euro 4 standard by January 2016. This Clean Air initiative sets allowable sulfur content for gasoline and diesel fuels at 50 parts per million (ppm), which is 10-times cleaner than previous Euro 2 fuels. The official fuel efficiency ratings will be presented by the DOE to car company executives on June 14 at the Makati Diamond Hotel, at a gala night hosted by Petron Corporation.


BusinessWeek MINDANAO

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

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

wednesday|June 8, 2016

Asean... from page 1

Park on Saturday, Duterte acknowledged that relying s o mu c h on i mp or t e d goods has its dangers like placing the Philippines “at the mercy of other ASEAN neighbors” such as Thailand, Vietnam,Malaysia and Laos. Farmers apply pesticides on the ricefield within the Philippine Rice Research Inst itute comp ound in B a r a n g a y B u a l No r t e , Mids ayap tow n, Nor t h Cotabato on Wednesday, September 25. Bual Norte is an adjacent village of Palongoguen, the site of sporadic clashes between government troops and the Bangsamoro Islamic Freedom Fighters. MindaNews Photo by Ruby Thursday More Farmers apply pesticides on the ricefield within the Philippine Rice Research Inst itute comp ound in B a r a n g a y B u a l No r t e , Mids ayap tow n, Nor t h Cotabato. MindaNews file photo by RUBY THURSDAY MORE He also scored large multinational companies for converting lands once planted to staple rice and sugar into large plantations for export commodities such as pineapples, bananas, and coffee. He said the countr y has “given so much to the multinationals.” “It is a corporate endeavor nga dagko lang ang makakaya (that only these firms can afford to undertake). Mahurot na ang atong yuta og wala

nay katamnan para sa atong pagkaon. (We won’t have lands anymore for planting r i c e ) . B e c au s e w e a re dependent on importations from Thailand, Vietnam and Laos, so mao nay delikado sa atong sitwasyon (that’s why we are in a precarious situation) and we are always at the mercy of the other countries in ASEAN business,” he said. Duterte acknowledged that the country still needs to “catch up and improve on everything” in the ASEAN Economic Community which intends to create a single market and production base within the economic region that allows free flow of goods, services, investments, and skilled labor. He acknowledged that the Philippines needs to work on improving its production capacity because the country is very dependent on imported goods from the ASEAN neighbors, although he said most of these agricultural commodities can be produced by Filipino farmers. “Ngayon kasi importation is allowed (by) WTO (World Tr a d e O r g a n i z a t i o n ) . There are special cases na magkakaroon ka ng tariff. That is not the rule, that is only the exception. The exception is lahat kung ikaw ay very talented man you can go to ASEAN countries… We cannot say we do not buy that particular food because we produce it here,” he said. The Malaysian Trade (MATRADE) in Manila reported that Malaysia alone registered a total of $3.4 billion worth of exported

Republic of the Philippines REGIONA TRIAL COURT OF MISAMIS ORIENTAL 10TH Judicial Region Branch 17 Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF EXTRA-JUDICIAL SALE EJF-2016-150 Upon extra-judicial petition for sale under Act No. 3135 filed by HOME DEVELOPMENT MUTUAL FUND (PAG-IBIG FUND), mortgagee, with office at J.R. Borja St., Cagayan de Oro City, against EFRIAN M. DONOZO, mortgagor, single, Filipino citizen, and a resident of Lot 21 Blk 5, Pag-ibig Citi Homes, Malanang, Opol, Misamis Oriental, to satisfy the mortgage indebtedness which as of October 27, 2015, amounts to FOUR HUNDRED SIXTY EIGHT THOUSAND SIX HUNDRED FIFTY THREE PESOS & 67/100 (P 468,653.67), inclusive of interest and penalty charges, exclusive of attorney’s fees and expenses of foreclosure, the undersigned or her duly authorized deputy will sell at public auction June 29, 2016 at 10:00 A.M. or soon thereafter at the Office of the Clerk of Court, Regional Trial Court, Banch 17, Tourism Bldg., Cagayan de Oro City to the highest bidder, for cash or manager’s check and in Philippine Currency the following property with all improvements, to wit: TRANSFER CERTIFICATE OF TITLE NO. 136-2012001258 LOT : PORTION OF LOT : AS SURVEYED FOR : LAND USE : LOCATION : BOUNDARIES : AREA :

Lot 21, Blk 5 Psd-10-059077 Lot 2, Pcs-10-003972 J ohndorf Ventures Corp. (Pag-ibig Citi Homes Phase 2) Residential Malanang, Opol, Mis Or. NE along lines 3-4 by Road Lot 1 (10.00 M. Wide); … x x x x. O ne Hundred Ten (110) square meters, more

All sealed bids must be submitted to the undersigned on the above-stated date, time and place. In the event the public auction should not take place on the said date for whatever reason, the public auction will proceed on the next working day, without further notice, posting and publication. Prospective buyers may investigate for themselves the title hereinabove described and encumbrances thereon, if any there be. May 19, 2016, Cagayan de Oro City

(Sgd.) FE O. BONTUYAN-BULARON Sheriff IV

BWM: May 25, June 1 & 8, 2016

goods to the Philippines. Duterte said the country is losing P1.5 billion to P2 billion a day to corruption that, if used properly, could have been allocated for farm implements to awardees of the Comprehensive Agrarian Reform Program (CARP). “I could even buy your products and sell it at government price and to be competitive with the imports,” he said.

Mesaverte...

from page 1 opportunity, this beautiful 8,700 square meter property was presented to us.” Mesaverte Residences will be built in the prime neighborhood of Corrales and Osmeña Extension, parallel and in-between Claro M. Recto Avenue and Capitol University. It is near to malls, hospitals and universities such as Gaisano City Mall, Centrio, Northern Mindanao Medical Center, Mindanao University of Science and Technology and Limketkai Center. CEO and chairman of the board Jose Soberano III said that this location exactly fits the elements of perfection that their company sees as an ideal place for a residential condominium. He also said that they painstakingly put an effort to make sure of the preparation. In the selection, they went through processes and come up with the best team possible who make perfect the ideal balance of the location and desired combination of the project. Mesaverte Residences will be built in two phases. Phase

1 comprises the first two buildings that would house the clubhouse and amenity areas, slated to be completed in 2018. Each building would have 15 floors and 252 units, having four corner units with balcony. Each also has 18 residential units per floor with three 1-bedroom units and 15 studio units in an average area of 20 square meters. Further, condo buyers could have an option to combine two or more units to expand and create a more comfortable space. For Phase 2, the third building is planned for 294 units while the whole cluster is allocated with 239 parking lots. The amenities for this CDO project include separate adult and kiddie swimming pools with a sunken pool deck. Air-conditioned function rooms and fitness g ym will contain the clubhouse as well. Moreover, there would be also basketball court, jogging paths and children’s playground, and a retail arcade will then be built at the main entrance. These amenities and the Mesaverte Residences, in entirety, are set to provide an ideal venue for neighbourhood building, family-bonding and healthyliving. F u r t h e r, S o b e r a n o reported that in just two months before the launching, their team started breaking the ground and with the pre-selling, targeting young profe s s i on a l s , s t ar t - up families, and investors. As of the launching date, 180 out of 504 units have been

Republic of the Philippines REGIONAL TRIAL COURT 10TH Judicial Region BRANCH 26, Medina, Misamis Oriental -oIN THE MATTER OF THE PETITION 329-M FOR CORRECTION OF ENTRY IN THE RECORD OF BIRTH OF MERIE JOY TRABAJO y PANGITAN IN THE CIVIL REGISTRY, CHANGING HER FIRST NAME FROM MERIEJOY TO MERIE JOY And her LAST NAME FROM TRABAHO to TRABAJO, MERIE JOY P. TRABAJO, Petitioner, - versus -

Hospital...

from page 1 The 1,800-square-meter hospital will sit along Rosario Drive, Lapasan, Cagayan de Oro City and will compress the bed: population gap of the city. An ideal bed: population ratio is one for every 500 persons. The existing bed: population ratio of Cagayan de Oro City is 1: 4,000. With this development, ACE Medical Center Cagayan de Oro will soon join Allied Care Experts’ outstanding health care and quality service all over the country. It is expected to be operational in 2018.

Hosts... from page 2

SP. PROC. NO.

LOCAL CIVIL REGISTRAR OF THE MUNICIPALITY OF SUGBONGCOGON, MISAMIS ORIENTAL, Respondent. x-----------------------------------------------/ ORDER Petitioner through counsel filed a verified petition for correction of entries in the records of birth of Merie Joy P. Trabajo, particularly correcting the entry for her first name from “Meriejoy to Merie Joy” and her last name from “Trabaho to Trabajo”. Finding said petition sufficient in form and substance, the same is hereby given due course. The petitioner is hereby directed to cause this Order to be published once a week for three (3) consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental at her own expense. Let copies of this Order be posted in three (3) conspicuous public places, such as the Bulletin Boards of the Sugbongcogon Municipal Hall, the Office of the Local Civil Registrar of Sugbongcogon, Misamis Oriental, and this Court. This case is set for hearing on October 6, 2016 at 8:30 a.m. at the Session Hall of this Court. The Local Civil Registrar and any person having or claiming any interest under the entry whose cancellation or correction is sought may, within fifteen (15) days from notice of the petition, or from the last date of publication of such notice, file his/her opposition thereto. SO ORDERED. Done in Medina, Misamis Oriental, this 24th day of May 2016. (Sgd.) DAN R. CALDERON Presiding Judge BWM: June 1, 8 & 15, 2016

sold already. He also remarked that residents will be well taken care of even after the condo is bui lt, t hroug h t heir personalized management. “We are confident that we will deliver a product that few, the quality-conscious market in Cagayan de Oro truly deserves, and it does not end there, personalized service means extension with the best manner in terms of turnover of the product… We will continue to property-manage it,” he added. In 30 months or less, Cebu Landmastes will establish their own property management team for the maintenance and up-keep of the condo. The CEO also proudly said that yes, they are homegrown developer and they know that they are faced by the challenges of the industry, but they have competed very well through working on their edge in terms of personal service, having a hardworking team and extending service for the benefit of the buyers and investors.

victims of Typhoon Sendong, which rendered thousands of families homeless. Today, Ecoville stands as a testament to the resiliency of the families who survived the calamity. After the parade, the festival continued with games and an array of performances by local talents and the children of Xavier Ecoville. To ensure that everyone went home with a smile, the kids were given ice cream. Evans Rosauro I Yonson, overall director of GBP-PH, shares, “I think we have achieved our set goals — to hold the first-ever Bubble Parade in the Philippines.” “It may not have been that grand but seeing the faces of the children with their bubbles is already a clear indication that our event was a success,” Yonson says, adding that the Bubble Parade made him realize that happiness can always create ripples of positivity when shared. More than your Happiness Heroes Ambit Kalipay was hosted by the Ridge-to-Reef Young Leaders Camp, a project that sprung from the Seeds for the Future Grant of the US Department of State’s Young Southeast Asian Leaders

11

2014 ppi’S Best in ENVIRONMENTAL Reporting

Initiative (YSEALI). Held from December 2015 to March 2016, the four-phase camp gathered young leaders from all over Bukidnon and Cagayan de Oro City to deepen their awareness on the environmental issues and the appreciation for the interconnectedness of the mountains, rivers, and seas. Other than this year’s Bubble Parade, the organizers of the Ridge-to-Reef Young Leaders Camp will also host an event called “TREEE” (Engage, Express, Exchange) on June 4. As part of the YSEALI YOUnif ied for #1E ar th Campaign, the program aims to raise youth participation for the environment through the following: Engage: Coastal Cleanup, Express: Art for eARTh Exhibit and Exchange: Open talks on the present environmental issues. More than 200,000 people in over 60 countries across the world joined this year “to build more resilient and diverse communities, to increase awareness about personal well-being and to create positive interactive experience between the city and its inhabitants.” For par tnership and volunteering opportunities, you may email the team: ridge2reefylc@gmail.com. (Rezza Mae Tolinero/XU)

Fails... from page 5

should have at least talked to us,” Mr. Sotto exclaimed. IMPROVED TELCO SERVICES SOUGHT Askedwhyitpassedonsecond reading last Feb. 3, Mr. Sotto said they were not made aware of the measure. “Hindinaminnamalayan(We didn’t notice),” he said. “It was approved without our knowledge. Siguro (maybe), we were out of the hall or something. So, nalusutan kami (It got past us).” However, the two senators expressed confidence the incoming Congress still has ample time to approve the measure. “Next year, they will get renewed. We’d be able to tackle all those complaints -- otherwise, we’d be remiss in doing our jobs,” Mr. Sotto said. For Mr. Osmeña, the senators who have objected to approving the bill “seem to have very valid objections.” “I guess, they wanted to put Smart’s feet to the fire by making themcommitontheimprovement of the telco’s services that they provide the public.” Philippine Long Distance Telephone Co., parent company of Smart, was unable to issue a statement as of press time. The House measure sought to extend by 25 years the franchise that permits Smart to operate “integrated telecommunications/ computer/electronic services and stations... for public domestic and international telecommunications and for other purposes.” It was transmitted for Senate concurrence on Oct. 27, 2015, and approved on second readings without any amendments on Feb. 3, 2016. Smart was first granted in 1992 a 25-year franchise which expires in 2017.


12

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

wednesday|June 8, 2016


BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

2014 ppi’S Best in ENVIRONMENTAL Reporting

CCAP holds 14th annual confab-training in CdeO wednesday | june 8, 2016

By CHENG ORDOÑEZ, Executive Editor, BWM

C

AGAYAN DE ORO CITY -- The Cold Chain Association of the Philippines (CCAP) is holding its 14th Annual General Membership Meeting and Training Conference from June 8 to 10, 2016, at the Limketkai Luxe Hotel, here, to update its members on dairy products, meat processing, fruits, vegetables, fisheries and seafood industries, among others. Co-funded by the Winrock Philippine Cold Chain Project, CCAP is expected to gather for the conference 150 to 200 participants from

the different parts of the country, mostly from Manila, including Winrock staff, media practitioners and other guests. The participants will be mostly business owners, top level executives, managers and supervisors, organizers said. An exhibit will showcase various products related to CCAP, Ann J. Medes of Southland Events, Inc. and Local Events Management Group of CCAP. Medes said the theme for this conference revolves around “Continuation of Change:

Managing Expectations in Political Transition.” Keynote speaker for the conference is Senator Cynthia Villar, chair of the Senate Committee on Agriculture. Work topics during the conference include Philippine Cold Chain Project Updates by Dan Gudahl; Meat Processing Industry Presentation by Felix Tiukinhoy, Jr.; Global Cold Chain Alliance (GCCA) Presentation on Ammonia and Safety by Troy Baker; Fruits and Vegetables Industry Presentation by Dodong Cacanando; and Fisheries and Seafood Industry Presentation by Joseph Martin Borromeo. An Industrial Tour is

also being organized by the Global Cold Chain Association leading to the Highland Fresh Dairy Products Plant.

B1

CCAP President Anthony Dizon will lead guests including City Mayor Oscar Moreno Oro, Chamber President

Jeffrey Ang, Ralph Bean of USDA-FAS, Richard Tracy of GCCA and Gudahl of Philippine Cold Chain Project.

These are just some of the teens who took part in the yearly summer workshop of Limketkai Gateway Dance Studio. Their graduation recital was held last Sunday at Limketkai Atrium. PHOTO BY MARK FRANCISCO

A Commitment of Excellence

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS paper

2014 ppi’S Best in ENVIRONMENTAL Reporting

2015 Civic Journalism Community Press Awards National Finalist

- Best in Business and Economy Reporting - Best in Fisheries Reporting Awarding rites: June 23, 2016 | Century Park Hotel, Manila


BusinessWeek MINDANAO

B2

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

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

2014 ppi’S Best in ENVIRONMENTAL Reporting

wednesday|June 8, 2016

Over 40,000 OFWs receive annual incentive benefits from SSS Flexi-fund Program The Social Security System (SSS) disbursed a total of P13.15 million in annual incentive benefits (AIB) to more than 40,000 qualified overseas Filipino workers (OFWs) enrolled in the SSS Flexi-fund Program, which is a provident fund created to encourage OFW-members to save up in order to supplement their retirement benefits under the regular SSS program. SSS Senior Vice President for Account Management Group and conc ur rent International Operations Division Head Judy Frances A. See noted that the number of OFW-members who qualified for the AIB increased from 37,612 in 2014 to 40,216 the following year. “The good news is that more Flexi-fund members are choosing to further increase

their savings for their future. The SSS, thru the Flexi-fund, is here to help OFWs achieve long-term financial security by providing a safe and secure savings facility for their hardearned income from overseas work,” See said. Introduced in 2001, the Flexi-fund Program offers an extra level of protection to OFW-members paying the maximum amount of monthly SSS contribution -- currently P1,760 -- by enabling them to remit additional savings of P200 or above to the SSS. These extra SSS savings are credited to their Flexifund account, which they can convert into a pension plan at the end of their working years, or even withdraw from at times of urgent cash needs. More than 47,000 OFW-members have so far

contributed to the Flexi-fund, with a total members’ equity of about P532 million. The AIB was launched in 2012 to encourage OFWs to maintain and increase their retirement savings with SSS. It is granted to members with no full Flexi-fund withdrawals and benefit claims within the applicable year. The AIB amount depends on the Flexi-fund’s year-end net investment income and is distributed based on the individual equity shares of all qualified members. Thus, members with higher Flexifund savings get bigger AIB amounts. The annual yield of Flexi-fund investments rose from 4.9 percent in 2014 to 5.1 percent last year while the average AIB amount for 2015 is P327. “The highest individual

AIB reached P125,458 in 2015, which is 31 percent more than the maximum AIB of P95,820 in 2014. Over the years, several hardworking OFWs have attained a millionaire status due to their firm commitment to gradually build up their retirement fund thru the Flexi-fund,” See said. The total AIB for 2015 is the highest disbursed so far by SSS in its four years of implementation, as compared with P12.54 million, P7.24 million, and P12.68 million for 2012, 2013 and 2014, respectively. The AIB is on top of the guaranteed earnings received by all Flexi-fund members. “Improvements in the Flexi-fund guidelines enhanced the interest rate of members’ guaranteed

DENR 10 Regional Director Ruth Tawantawan shares her innovation for the nation “When the world was created, our every need was provided. I believe that even the solution to our every problem was provided as well” said the DENR 10 Regional Director Ruth Tawantawan as she opened her speech during the meeting of officials at DENR Cagayan de Oro City after being recently awarded as Very Innovative Person (VIP) by the Career Executive Service Board. The three innovations were Cadastral Survey in Nunungan Lanao del Norte;stoppage illegal logging in Mt. Malindang Na t u r al P ar k a nd illegal mining in Iponan Watershed of Cagayan de Oro City. Regional Director Tawantawan said she was proud to say that Cadastral Survey was successfully completed on March 25, 2015 in just seven months. The gains are, it created local job opportunities for Muslim residents in Nunungan, Lanao del Norte, funds were equitably apportioned per barangay, and brought peace and order, mobilization and empowerment of the local government units (LGUs) in the region. She said there was no bloodshed during the implementation of the project. Tawantawan also spearheaded the halting of illegal logging activities in Mt. Malindang Range Natural Park in Misamis Occidental. The Presidential Anti-Organized Crime Task Force conducted incognito surveillance for DENR which led to apprehension and confiscation of forest products. She lobbied for financial support for Mt. Malindang operational fund, among many others. Mt. Malindang Range Natural Park has now a regular annual of P7 million included in the General Appropriation Act. Illegal small scale mining was unabated in Iponan River

of Cagayan de Oro City using the hydraulic method. The river’s total suspended solids (TSS) was then high. Thus, DENR was challenged to bring down TSS by stopping illegal mining and making river water clear. A collaboration was made by DENR and thirteen concerned agencies and a NonGovernment Organizations (NGOs). The gains are, the Iponan River is now relatively clear with a TSS of 149 mg per liter compared to 562 mg

in 2012. She said “together we stand, divided we fall”, is applicable to DENR 10. She aspirations for the region were accomplished together with DENR partners from the government and multisectoral groups. “The gains of innovations are the true manifestations of the law of karma. That whatever a man sows, he will definitely reap. Whatever you plant, you will, we will definitely harvest. By divine right, each of us has

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Cagayan de Oro City OFFICE OF THE PROVINCIAL SHERIFF NOTICE OF THE EXTRA-JUDICIAL SALE EJF FILE NO. 2016-166 Upon extra – judicial petition for sale under Act 3135 as amended by Act 4118 filed by HOME DEVELOPMENT MUTUAL FUND ( PagIBIG), as mortgagee against REYNALDO D. FRANSCISCO married to ANITA L. FRANCISCO, as mortgagor, to which the indebtedness as of April 27, 2016, amount of ONE MILLION NINE HUNDRED TWENTY THOUSAND SEVEN HUDRED THIRTY ONE PESOS AND 87/100 (P 1, 920, 731.87) inclusive of interest and penalty charges, attorney’s fees and expenses of foreclosure, the undersigned will SELL TO PUBLIC Auction on July 6, 2016 at 10:00 o’clock in the morning at the entrance door Regional Trial Court Branch-23, City Tourism Hall, Cagayan de Oro City, to the highest bidder for cash or manager’s checks and in Philippine Currency, the following described properties, to wit; TRANSFER CERTIFICATE TITLE NO. 137-2011002560 A PARCEL OF LAND (Lot 6, Block 12, Psd-10-040101, being a portion of Lot, Blk 23,, Pcs- 10-002317).Situated in the Barrio of Upper Carmen, Cagayan de Oro City, Island of Mindanao. Containing an area of ONE HUNDRED EIGHT (108) sq. meters more or less. All sealed bids must be submitted to the undersigned on the abovestated date, time and place. In the event auction sale cannot take place for whatever legal reason, the same will proceed on the following working day, without further notice, posting and publication. Prospective buyers/bidders may investigate for themselves the title herein above described and encumbrances thereon, if any there be.

a place to fill. That no one else can fill. Something that we are to do which no one else can do,” -Tawantawan said in closing. (RPAO # 06-166-2016)

earnings under the program since 2012. Starting that year, we base the interest rate on the average rate of SSS short-term peso placements or 91-day Treasury bill rates, whichever is higher,” See explained. Flexi-f und enrollees received a total of P8.22 million in guaranteed earnings in 2015, higher than the P5.34 million credited to their accounts in 2014. The higher earnings were bolstered by the jump in the interest rate for guaranteed earnings last year to 1.8 percent from 1.3 percent in 2014. “The P13.15 million in AIB and P8.22 million in guaranteed earnings combine for a total of P21.37 million distributed to Flexi-fund members in 2015. This is significantly higher by 19 percent from the P18.02 million credited for the AIB and guaranteed earnings in 2014,” See said. OFWs can view their AIB amount, Flexi-fund account status, and other SSS membership records by registering at the My.SSS online service portal at the SSS Website (www.sss.gov. ph)

OFFICE OF THE CLERK OF COURT & EX-OFFICIO SHERIFF NOTICE OF EXTRA-JUDICIAL SALE File No. 218 Upon Extra-Judicial Petition for sale under Act 3135 as amended by Act 4118, filed by ORO INTEGRATED COOPERATIVE., with principal address at Yacapin- Tiano Sts., Cagayan de Oro City, against SPS. GODOFREDO M. CABANA and ADELINA CABANA of Brgy. 26, Gingoog City, Misamis Oriental, to satisfy the Mortgage indebtedness which as of April 26, 2016 have amounted to SIX HUNDRED NINETY SIX THOUSAND TWO HUNDRED TEN PESOS AND 36/100 (Php 696,210.36) excluding liquidated damages and other charges and excluding foreclosure expenses and other fees incurred in the foreclosure proceedings, the undersigned Sheriff will sell at public auction to the highest bidder for CASH on August 1, 2016 at 8:00 o’clock in the morning to 4:00 o’clock in the afternoon at the Office of the Clerk of Court, Regional Trial Court, Dugenio St., Gingoog City, the following properties with all the improvements existing thereon, to wit: ORIGINAL CERTIFICATE OF TITLE NO. 5359 A PARCEL OF LAND (Lot No. 1659, Cad 295) beginning at a Point marked “1” of Lot 1659 of the Cadastral Survey of Gingoog, Being N. 77-01’E., 6958.23m form BLLN No. 1, Cad-295, thence N. 52-01’E., 19.69m to point 2; S. 50-37’E., 29.98m to point 3; S. 41-42’W., 50.85m. to point 4; N. 36-57’W., 32.91m to point 5; N. 38-40’E., 23.63m. to point 1, point of beginning. Containing an area of ONE THOUSAND FIVE HUNDRED AND TWENTY (1,520) SQUARE METERS All sealed bids must be submitted to the undersigned on the above stated date and time. In the event the public auction should not take place on the said date, it shall be held on the next working day without further notice, posting and republication The prospective buyer/s may investigate for themselves the title of the herein described property/properties and the encumbrances thereon, if any there be. Gingoog City this 31st day of May 2016.

FOR THE EX-OFFICIO SHERIFF

(Sgd.) RICO A. REMALIG Sheriff IV

BY: (Sgd.) FLORA C. PEREZ Sheriff IV RTC-Branch 43 Gingoog City

BWM: June 8, 15 & 22, 2016

BWM: June 8, 15 & 22, 2016

Done this May 30, 2016 in the City of Cagayan de Oro, Philippines.

from page B4

, RC West Foundation, Inc., Inner Wheel Club –PDC Raquel A. Villanueva, Inner Wheel Club Past President Remedios C. Espiritu for the memory of Santiago & Feliza dela Cruz, Past President Armando A. Tarayao , Past President Almarco C. Brito, GlobalChips Technologies thru Rotarian William Y. Malagar and IWC Past President Leonida Malagar, Past Director Rodilla D. Gaylo, Ms. Teresa L. Elloso Celdran, PDG Fe “ Bing” R. Juarez, Rtn. Glorecita L. Tan, and Southland Events, Inc. Club member Mr. William Malagar will give the top of the line HP Printer courtesy of Global Chips CDO Technologies, Inc to the grand prize winner. Full application requirements and selection criteria are available at all School Division Offices and DepEd Region X Office. Division offices are required to select the best in their area and submit application with supporting documents and endorsement to DepEd Regional Office. The MOPSTA s earch committee RY 2015-2016 includes PP Dante “Dan” R. Briones, Pres. Anna Marie “Ann” J. Medes, Pres. Elect Erna “Erns” G. Maagad, Vice Pres. Tina “Tin” A. Hidalgo, PP Hipolito “Pol” Balandra, Public Image Director and MOPSTA Awardee 2012 Airene “Ai2x” O. Suan, and Past Director Rodilla “Del” Gaylo. DEED OF EXTRA-JUDICIAL SETTLEMENT AND PARTITION OF THE ESTATE CHITO JOSE R. ZAYAS

Republic of the Philippines REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 43 Gingoog City

Rotary...

Notice is hereby given that the intestate estate of the late CHITO JOSE R. ZAYAS died on June 2, 2015, single & without any issue left 3 PARCELS OF LAND and survived and succeeded by the only heirs and successors since SPS. ERLINDA RESPETOZAYAS died Nov. 13, 2014 and SULPICIO L. ZAYAS died on Feb. 21, 2008, that the remaining two children & siblings namely: MA. CAROLYN R. ZAYAS and CELESTE R. ZAYAS as the only successive heirs. That upon his death he left (2 PARCELS) located in Sta. Ana, Tagoloan, Misamis Oriental and (1 PARCEL) located in Hinaplanan, Claveria, Misamis Oriental, particularly described as follows: • TCT NO. C-8648 located at Sta. Ana, Tagoloan, Misamis Oriental containing an area of TWENTY THREE THOUSAND NINETY EIGHT (23,098) SQ.M., • TCT NO. T-37847 located in the Barrio of Sta. Ana Misamis Oriental containing an area of FOUR THOUSAND THREE HUNDRED FORTY NINE (4,349) SQ.M • TCT NO. C-11027 located at Hinaplanan, Claveria, Misamis Oriental containing an area of THIRTY THOUSAND (30,000.00) SQ.M more or less. That the above –mentioned living heirs of CHITO JOSE R. ZAYAS hereby agree to adjudicate and assigned between themselves the following: CELESTE R. ZAYAS shall be given and assigned with the 1st parcel and 2nd parcel; and MA. CAROLYN R. ZAYAS shall be given and assigned with the 3rd parcel is the subject of DEED OF EXTRAJUDICIAL SETTLEMENT AND PARTITION OF THE ESTATE CHITO JOSE R. ZAYAS under Notary public ATTY. JUVY IND V. ARUBIO., per doc. No. 366; page No.74; book No. 4; series of 2015 BWM: June 8, 15 & 22, 2016


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

BusinessWeek MINDANAO

2013 ppi’S Best in Business and Economic Reporting

YOUR DAILY Mindanao-wide BUSINESS NEWSPAPER

B3

2014 ppi’S Best in ENVIRONMENTAL Reporting

wednesday|June 8, 2016


BusinessWeek MINDANAO

WE ACCEPT

TARPS

STICKERS BusinessWeek MINDANAO

ROTARY

2013 ppi’S Best in Business and Economic Reporting

YOUR Mindanao-wide BUSINESS NEWSPAPER wednesday | june 8, 2016

2014 ppi’S Best in ENVIRONMENTAL Reporting

Corporation

B4

0915-563-6246

Rotary Club of West Cagayan de Oro honors outstanding teachers in Region X R

otary Club of West Cagayan de Oro, will honor anew the finalists and the eventual winner of the S.Y. 2015-2016 Most Outstanding Public School Teacher Awardees (MOPSTA) on Friday, June 10, 2016 in the morning at the Casa Real, The VIP Hotel, Cagayan de Oro City during the club’s regular meeting turned special occasion for the 34th edition

By ROTARIAN AIRENE O. SUAN, Public Image Director

of the MOPSTA awarding ceremony. Giving the awards are Dr. Allan G. Farnazo, CESO IV, Regional Director of DepEd Region X and Cagayan de Oro City Mayor Oscar S. Moreno, MOPSTA benefactors and sponsors, officers, past presidents of RCWEST- CDO and the MOPSTA Committee Members headed by the incumbent MOPSTA chair Past President Dante “Dan”

R. Briones. “ We r e a c h e d a r e a s that are very far from the comfort of accessibility and transportation as we seek the most innovative, most dedicated and most committed teacher in Region 10”, RCWESTCDO Service Project B- Director on Vocational Services Past President Hipolito “ Pol” D. Balandra said . Dr. Javvy C. Vegafria,

past MOPSTA grand prize winner will be attending the said awarding to give an inspirational talk. RC W E ST- C D O Pa st President and the District’s Past Assistant Governor Romulo “ Romy” Borja, Justice at the Court of Appeals and the chairman of the Gigi Borja endowment Fund is also present. Considering the historical significance of the event,

Immediate Past President Dante “Dan” R. Briones will give background and overview of the search. President Elect Erna “Erns” G. Maagad shared that the search aims to recognize accomplishments of public elementary and secondary school teachers in the delivery of quality basic education, aims to encourage teachers to continue to improving their competencies, and identify educational models to other teachers. “The prizes that we gave them is only the icing of the cake, what makes it unique is the recognition they received for all their sacrifices for their students, considering the meager salary and tedious preparations of being a teacher”, Past Director Rodilla “ Del” Gaylo said, a member of the search committee. President Anna Marie “ Ann” Medes, the RCWEST CDO incumbent president said that MOPSTA is the flagship project of the club under Vocational Service, one of the Rotary’s four avenues of service. “Vocational Service is the way Rotary fosters and supports the application of the ideal service in the pursuit of all vocations. Inherent in the Vocational Service ideal, among others, is the recognition of the worthiness to the society of all useful occupations, she added. “ Our club believed that in our role as agents of

development thru big-time literacy programs, hence, aside from constructing buildings, water tank facilities in schools, providing scholarships, donating books and career orientation, we institutionalized this project to honor mentors, as knew it, they have the widest influence to the youths until they become leaders or movers of the country itself ”, said Vice President Tina Hidalgo, a member of the search committee. RC West of CDO attributes the success and continued life of MOPSTA to its partners in-service the Department of Education, region x, and gives due recognition to the heirs of the late Mayor Justiniano R. Borja through the Gigi Endowment Fund who are the major contributors of MOPSTA. RCWEST CDO specifically acknowledges the children of the late Mayor Borja in the persons of Mrs. Christine BorjaSagarbarria, Mrs. Cecilia Borja-Chiongbian and the Honorable Justice Romulo V. Borja. Along with the Gigi Borja Endowment Fund are equally dedicated sponsors like as well as the Abellanosa Family in honor of the late Luneta Dayta Abellanosa, Ma. Jocelyn Co (Manager) -1 ANND ALL Technical School Inc., Past District Governor Aldrico T. Maňus and Lady Rosie Maňus rotary/PAGE B2


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.