BusinessWeek Mindanao (May 23-24, 2022)

Page 1

BusinessWeek M I N DA N A O CREDIBLE

Volume XII, No. 146

Market Indicators AS OF 6:00 PM MAY 20, 2022 (FRIDAY)

FOREX

PHISIX

US$1 = P52.23

6,746.33

X X Briefly

0.22

86.28

cents

points

Davao Light upgrade DAVAO Light and Power Company, a subsidiarydistribution utility of Aboitiz Power Corporation, has reinforced major components of its information technology (IT) infrastructure to fight cyber attacks that may adversely affect service efficiencies to its customers. In particular, the company’s supervisory control and data acquisition (SCADA) system had been upgraded, so it can “improve operational efficiency, system reliability, and quality of service for the 465,000 customers within its franchise area.” By design, the SCADA is a control system in power utilities that comprise of both hardware and software components, that in the process “allows a more seamless way of gathering, monitoring, and controlling realtime data and distant electrical devices installed in the power distribution network.”

SEAG medalists rewards

YOUR MINDANAO-WIDE BUSINESS PAPER

RELIABLE

www.businessweekmindanao.com

IN-DEPTH

Mon-Tue|May 23-24, 2022

NGCP conducts blackout drill in Visayas, Mindanao T By MYRNA M. VELASCO, Contributor

O prevent service disruptions to its load customers, system operator National Grid Corporation of the Philippines (NGCP) has carried out “blackout drill”, an annual activity to reinforce the reliabi lity of its operations.

PILMICO Food Corp. (Pilmico), the Aboitiz Group’s the Aboitiz Group’s food and agribusiness, targets its meat products to be present in over 300 supermarket concessionaires by end this year. In a statement, Pilmico said it’s the Good Meat brand will reach over 300 supermarket concessionaires and open more brick and mortar stores in 2022 in line with its goal to become closer to consumers. Currently, The Good Meat supplies a wide variety of fresh cuts, marinated pork, and ready-to-cook products in over 250 supermarkets. The Good Meat is the retail brand of Pilmico.

In a statement to the media, the transmission firm indicated that the “blackout drills” have been done across all grids of its operations in Luzon, Visayas and Mindanao, “to secure the continuity of power transmission services.” “We conduct the blackout drill every year because it

is critical that every power stakeholder knows their role in the event of a system collapse,” said NGCP. Ap a r t f r o m N G C P personnel, other participants in the blackout drills are industry players, including the Department of Energy, Energy Regulatory Commission, Nat i on a l Tr ans m i s s i on

Corporation, Independent Electricity Market Operator of the Philippines (IEMOP), and the Power Sector Assets and Liabilities Management Corporation. The firm has been conduc t ing t he annu a l undertaking because “when everyone understands their DRILL/PAGE 11

Oca shuns border closure over Omicron subvariant CAGAYAN de Oro City Mayor Oscar Moreno here has rejected proposals calling for stricter border controls, saying it will not directly solve the spread of the coronavirus disease 2019 (Covid-19), particularly with the new “Omicron” subvariant. “You don’t respond by providing stricter control on the border or the arrivals. We have learned our lessons that those approaches do not work unless the problem is more severe,” Moreno said in an online briefer Thursday. Moreno reaffirmed an earlier position after the Department of Health (DOH) on May 17 confirmed the local transmission of Omicron subvariant BA.2.12.1. YAKAN WEAVER. Alayda Ilil weaves table runners, clothes, scarfs, and – to cope with the pandemic – face CLOSURE/PAGE 11 masks, among others in their store at the Yakan Village in Zamboanga City. mindanews photo by riz p. sunio

'LIBRING SAKAY'

BUTUAN City– The city government will provide cash rewards to Butuanon athletes who won medals in the 31st SEA Games in Vietnam. In a statement Friday, the City Information Office of Butuan (CIO), said the cash incentives for the two Butuanon athletes, Dave Cea and Breanna Labadan, is based on a city ordinance. Cea and Labadan recently won medals in their respective games in Hanoi, Vietnam.

Pilmico expansion

P15.00

'Be lenient to minors,' Guro tells operators By GERRY L. GORIT, Reporter

Land Transportation Franchising and Regulatory Board (LTFRB-10) regional director Aminoden Alan Guro tells drivers to be lenient witn minors, persons with disabilities (PWDs) and senior citizens. photo by gerry gorit

THE Land Transportation Franchising and Regulatory Board-Northern Mindanao (LTFRB-10) has issued a reminder to publIc utility drivers and operators who availed of the government's ser vice contracting and "Libreng Sakay" programs not to be hard on minors

and Productivity Board in the Caraga Region (RTWPB-13) approved the P30 wage increase for private-sector workers early this week. “The increase, as indicated in Wage Order No. RXIII-17 is now under review by the NWPC in Manila,” Suyao said. He said the wage order will be published in a newspaper of general circulation in the

region and will take effect 15 days after its publication. Under the wage order, the P30 daily pay hike will be implemented upon its effectivity in the areas of Butuan City, Agusan del Norte, Agusan del Sur, and Surigao del Sur. In the areas severely hit by typhoon Odette in December last year, particularly in HIKE/PAGE 11

Caraga wage hike still under review: DOLE-13 B U T UA N C i t y – T h e Department of Labor and Employment in Caraga (DOLE-13) said Friday it has already endorsed the proposed wage hike for workers in the region to the National Wage and Productivity Commission (NWPC) for approval. In a statement, DOLE-13 Director Joffrey Suyao said the Regional Tripartite Wages

travelling with their parents or guardians despite some restriction under the guidelines. LT F R B - 1 0 R e g i o n a l Director Aminoden Alan Guro made the statement following complaints from passengers who are Authorized Persons Outside

of Residence (APORs) that they were refused to board the Libring Sakay utilities merely because they bring along their children who were minors. "Libreng Sakay" program provides that the government compensates the drivers and operators to give free rides to the public. LENIENT/PAGE 11

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


2

Local DavSur coffee farmers Davao bans poultry from Luzon, earn P1.5-M in int'l other bird flu-affected areas online auction D AVAO City – The city government has issued a temporary ban on poultry and its byproducts from Luzon and other areas with reported cases of the highly pathogenic avian influenza (AI) or bird flu. A copy of Mayor Sara Z. Duterte's executive order on the ban dated May 13 was released to local media Thursday afternoon. "The city government of Davao is hereby issuing a temporary ban on the entry of domestic and captured wild birds, their products and byproducts, including day-old chicks, eggs, semen, manure, and feathers, from Luzon and

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

MON-TUE|MAY 23-24, 2022

other areas with reported cases of Avian Influenza effective immediately,” a portion of the order reads. Further, it said those who are transporting game fowls, ducks, pigeons, and captured wild birds must secure a veterinary health certificate indicating the birds were sourced from farms with no incidence of bird flu. The EO allows the transport or movement of game fowls from Davao City to other provinces, although the movement of game fowls back to the city is prohibited unless negative AI test result is taken from the area of origin. The city veterinarian’s office (CVO), in its latest report, said

Davao remains free from bird flu. Dr. Cerelyn Pinili, the CVO chief, said her office has been focusing on monitoring the Talomo and Tugbok areas where the concentration of commercial poultry farms are located. Strict measures are in place for the entry of poultry products from Tacurong, Sultan Kudarat – the nearest AI-hit area to the city, Pinili added. Additional checkpoints have been placed at entry points from North Cotabato to Davao City, and the Buda and Marilog areas, including in Arakan– Dalaglumot, Marilog boundary, she said. (PNA)

DAVAO City – The Department of Trade and Industry in Davao del Sur Province (DTI-Davao del Sur) has acknowledged the participation of coffee farmers from the province in the recently-concluded Micro-Lot Auction, a global online event. “The outstanding results of the recently concluded Philippine Coffee Quality Competition (PCQC) auction is a testament of how our local specialty Arabica coffee is already being recognized by the national and international market," Maria Victoria Placer, the DTI-Davao del Sur acting director, said Wednesday.

“We continue to support and encourage our farmers to commit to producing quality coffee, be open to new technologies and continue to champion sustainable agricultural practices,” Placer said. Nine coffee farmers in the province, who are part of the PCQC 2022 Best Specialty Arabica Coffee Team, participated in the May 7 online auction. The auction was opened to all coffee enthusiasts worldwide with participants from the United States, United Kingdom, Australia, Japan, Kingdom of Saudi Arabia, South Korea, Hong Kong, COFFEE/PAGE 11

Pag-IBIG Fund finances 5,411 homes for low-wage earners CAGAYAN DE ORO CITY --Pag-IBIG Fund has financed 5,411 socialized homes for minimum-wage and low-income members in the first four months of 2022, its top executives said, May 18. Socialized home loans make up 18% of the 29,310 units financed by the agency from January to April 2022. In terms of amount, socialized home loans represent 7%, or P2.35 billion out of the record-high P31.97 billion home loans released by the agency for the period. "Socialized housing is designed especially for minimum and low-wage workers. With Pag-IBIG Fund’s Affordable Housing Program, we make sure

that all our members, particularly those from the low-income sector, are given the opportunity to own a home. This is the essence of the BALAI (Building Adequate, Livable, Affordable and Inclusive) Filipino Communities Program of the government’s housing sector towards providing decent shelter for every Filipino family,” said Secretary Eduardo D. del Rosario, Chairperson of the 11-member Pag-IBIG Fund Board of Trustees and Secretary of the Department of Human Settlements and Urban Development (DHSUD). The Pag-IBIG Fund’s Affordable Housing Program (AHP) is for members from the low-income and

minimum-wage sectors who earn up to P15,000 a month in the National Capital Region (NCR), and up to P12,000 per month outside the NCR. Under the AHP, borrowers enjoy a subsidized rate of 3% per annum for home loans of up to P580,000 for socialized subdivision projects, and up to P750,000 socialized condominium projects. Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti said the AHP’s 3% rate remains as the lowest in the market– a rate that the agency has provided for low-income members since May 2017, and is able to offer due to its tax-exempt status as prescribed under Republic Act No. 9679 or the Home Development Mutual Fund (Pag-IBIG Fund) Law of 2009. “Because of our Charter, Pag-IBIG Fund is able to provide the lowest rates for the home loans of minimum and low-wage workers. We first offered our subsidized 3% rate in May 2017 to help more members realize their dreams of owning a home. And, until now, that special rate still stands,” Moti said. Aside from keeping their interest rates low, Pag-IBIG also keeps the insurance premiums at a minimum, so that the borrowers would only need to pay a low monthly amortization of P2,445.30 for a socialized home loan of up to P580,000. Qualified borrowers will never have to put out cash for equity under our Affordable Housing Program. All of these are part of Pag-IBIG's efforts to provide the best home financing program for our members who earn minimum wage, he added. (Pag-IBIG/PIA-10)


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

MON-TUE|MAY 23-24, 2022

3

CorporateWorld

Next admin urged to strengthen training, education for micro biz

T

HE incoming administration is urged to strengthen and expand training for micro enterprises for them to grow and make their businesses stable. In a press conference Thursday, Puregold Price Club Inc. vice president for operations Antonio De Los Santos said the next administration should invest

more in educating micro, small, and medium enterprises (MSMEs), especially the sarisari store owners, on how to start their businesses properly, and how to sustain their venture. ''They have very good aspirations and objectives when they open sari-sari stores. However, there is a need to educate them on financial literacy, on ways of managing

Auto industry backs zero-duty on e-vehicles THE Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has welcomed the proposal to suspend the most-favored-nation (MFN) tariff on completely built-up electric vehicles, as this will help the growth and adoption of e-vehicles in the country. In a statement, CAMPI said the proposal to bring down e-vehicle tariffs to zero will complement the Republic Act 11697 or the Electric Vehicle Industry Development Act (EVIDA).

CAMPI president Rommel Gutierrez said EVIDA and the proposal to suspend the MFN tariff, as well as other initiatives that will liberalize the e-vehicle sector, would advance the development of the industry, which is currently at an early stage. “CAMPI supports all e-vehicle technologies including hybrid electric vehicles, plug-in hybrid electric vehicles, and battery electric vehicles. All (of ) these have potential for fuel BACKS/PAGE 11

your inventories and making sure that you understand how to run your business. Those are the training they need so they can expand and sustain their business,'' De Los Santos added. After two years in hiatus due to pandemic-related restrictions, Puregold is holding Tindahan ni Aling Puring Convention from May 19 to 21 at the World Trade Center in Pasay City. This annual convention for

sari-sari store owners offers large discounts for Aling Puring members. Despite the pandemic, Puregold was able to grow its Aling Puring membership by 15 percent--from 575,000 members at end-2020 to 660,000 members at end-2021. De Los Santos said many Filipinos who were displaced from their jobs during the pandemic have ventured into

livelihood activities like opening sari-sari stores. Aling Puring recruiters were also able to reach out to these new players. He added that there is still a big opportunity in the market as there are around 1.2 million sari-sari stores across the country. He said Puregold is still eyeing to tap all these sari-sari stores to be a Tindahan ni Aling Puring.

Fintech bids support for PH startups, MSMEs FINANCIAL technology firm Xendit bids to further help small businesses and startups in the Philippines after raising an additional USD300-million funding. In a virtual briefing on Friday, Xendit Chief Executive Officer (CEO) and Managing Director for Philippine operations Yang Yang Zhang said their latest capital boost, which came from several investors like Accel, Tiger Global, and Kleiner Perkins, brought to USD538 million the capital they have raised so far. She said they want to continue supporting startups and micro, small, and medium enterprises (MSMEs) just like how they got the same boost a few years back.

“(We intend to) invest directly in startups…. We want to put where our mouth is,” she said. The company started operations in Indonesia but Zhang said they consider the Philippines their home, thus, the support to domestic enterprises. Zhang said they also want to empower women by providing technological education, and nonprofit organizations by providing subsidies. “As a woman who has spent her entire career in male-dominated tech industries, I am deeply invested in lowering the barriers to entry for Filipino women interested in technology. Education has always been the fastest way to level the playing field, and

I’m so happy that Xendit will be investing directly into making tech education and career training more accessible for Filipinas everywhere,” she said. She explained that optimism in their domestic operations is due in part to growth opportunities for digital transfers and the strong policy support by the government to the sector. She said Xendit has registered a more than 10-percent monthly sales growth globally since its started operations in 2016 but its domestic operations has been posting around 30 percent monthon-month. She said the company has tripled the annualized transactions SUPPORT/PAGE 11


4

Opinion

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

HAVE MY SAY

Website: www.businessweekmindanao.com E-mail : businessweekmindanao@gmail.com

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

NELSON CONSTANTINO Editor-in-Chief

MIKE BAÑOS

JUN AYENSA

Motoring Editor

Regional Editor - Caraga

MIKE BAÑOS Contributing Editors

ATTY. ANTONIO S. SORIANO

JOE PALABAO

Feature Editor

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

ATTY. MARIO T. JUNI

CLIFFORD SANTILLAN

Cell No: 09352379999

Layout Artist

Juni Law Office Cruz Taal St., CDO Legal Counsel

RIVA FELICILDA Advertising

MANILA OFFICE: 9th Floor, Unit 918, CityLand Herrera VA Rufino Cor. Valero St., Salcedo Village, Makati City Tel. # : 5555392,Cell Nos.: 0955-366-5968 | 0918-527-5898 CECILIA FRESNIDO-HONRADE - New Marketing Manager DAVAO MARKETING OFFICE Door 223, Doña Segunda Bldg., CM Recto Ave., Davao City Telephone #: (082) 298-8815 Regional Mktg Manager-JOE PALABAO- 0926-8430152 Circulation-JOHN PAUL AQUINO, 0907-331-5640 OSCAR LEDESMA Bureau Chief, Bukidnon Contact No.: 0916-910-0019

Member: Philippine Press Institute Oro Chamber

Courageous compassion Think a minute… In 2007 an amazing woman was nominated for the Nobel Peace Prize, but sadly then died at the age of 98. Her name was Irena Sendler from Warsaw, Poland. During World War II Irena worked as a plumbing and sewer specialist in the Jewish ghetto of Warsaw. But her real purpose and mission was to try to save as many Jews as possible from the Nazis who were starting to mass murder thousands, and ultimately six million, Jews in the Holocaust. Irena smuggled babies out of the ghetto in the bottom of her toolbox; and for the larger kids she had a burlap sack in the back of her truck. By the end of the war Irena had smuggled out and saved approximately 2,500 babies and children! She also helped rescue 500 adults. When Irena was eventually caught by the Nazis, they broke both her legs and arms. But she wisely kept a record of the names of all the children she had saved in a glass jar which she buried in her back yard.

THINK A MINUTE

JHAN TIAFAU HURST After the war was over she tried to locate any parents who may have survived to reunite them with their children whom she had rescued. Of course, most of the parents had been murdered in the Nazi death camps; so Irena placed these orphan children into foster families who adopted them. Irena Sendler conquered evil with compassion and courage. Throughout her life she told people: “Keep bringing light to the world… and never stop repairing broken hearts and lives.” There are people all around us—in our workplace, s c h o o l , n e i g h b or h o o d , village, or even in our own COMPASSION/PAGE 11

KLAUS DORING Jesus replied, “Truly I tell you, if you have faith as small as a mustard seed, you can say to this mountain, ‘Move from here to there,’ and it will move. Nothing will be impossible for you.” Matthew 17:20-21. Yes, our faith can move mountains. What's the origin of the phrase 'Faith will move

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

MON-TUE|MAY 23-24, 2022

Our faith

mountains'? From the Bible. It is recorded in the 1582 Rheims Bible, in Matthew XXI 21, as: "If you shal haue faith, and stagger not, ... and if you shal say to this mountaine, Take vp and throw thy self into the sea, it shal be done. To be or not to be. Sein oder nicht sein. Shakespeare. To say it clearly: without faith, we're really nothing. Faith is belief; believe in us, in our works, talents and our personalities. We should also believe in our parents - or much better, in our whole family including the black sheep, which can be found everywhere. We should believe in our friends, even though it seems to become very difficult many

times. Please remember, my dear readers: without faith will we reach the rock bottom. Don't say, it's a likely story. The German poet Johann Christoph Friedrich von Schiller (1759-1815) has mentioned in his drama "Maria Stuart": "Even the word might be dead, but faith keeps it alive!" Chapter I of Second Thessalonians gives encouragement to all Christians, who were undergoing persecution for or because of their faith. Yes, faith is really not everybody's thing, or "not everyone has faith". "If I have faith, that can move mountains" (First Corinthians 13,2). Faith is a tantamount to

convincing and conviction. Richard Wagner (German classical composer and poet, 1813-1883) found the following lyric: "Blessed are those people, who know how to live their life in humility and faith." So, let's even continue believing in our government or the institution church. Faith means also a belief sp ecially in a re vealed religion. Faith is trust or reliance. Faith is really a pledged word. Faithful love is loyal, reliable, exact and honorable love. Faithful love means even to love your enemy. We attract good things because we believe and expect good things to come. FAITH/PAGE 11

Pamantasan ng Lungsod ng Muntinlupa @ 31 On the 31st anniversary of the Pamantasan ng Lungsod ng Muntinlupa (PLMun) this week, I extend my warmest greetings and best wishes to PLMun President D r. R a y m o n d A r c e g a , President Emeritus Dr. Ellen Presnedi, the PLMun Board of Regents headed by Mayor/ Congressman-elect Jimmy Fresnedi, the department heads, faculty and staff and the student body. It is a proud moment for me, having watched the institution grow from a threecourse polytechnic college in 1991 to a multi-course university duly accredited by CHED. Sometime towards the end of 1990, the Muntinlupa People’s Economic Council (PEC), led by businessmanjournalist Joe Leuterio, conducted a survey of job opportunities in Muntinlupa. The PEC found out that majority of those being hired in the factories and offices were non-Muntinlupa residents. Company officials

explained that resident job applicants for supervisory positions, did not have college degrees. For non-supervisory positions, those with college units were preferred over high school graduates. We responded by establishing the Muntinlupa Polytechnic College (MPC). On May 29, 1991, thru a resolution sponsored by Councilor Ruffy Joaquin and unanimously approved by the municipal council, the municipal government formally sought the approval of the DepEd to be able to op en and op erate a community college. We made arrangements with Pedro E. Diaz High S cho ol ( PE DH S ) , t he n headed by recently retired Muntinlupa School District Superintendent Dominico Idanan, for the temporary use of some of PEDHS’ classrooms. Dr. Idanan g r a c i ou s l y a c c e d e d by designating one school building to be used by the MPC college freshmen from

5:30 pm to 9:30 pm daily. We drew from the rich reservoir of incumbent and recently retired Muntinlupa teachers to form the first teaching staff of MPC. Mr. Simeon Bumanglag, my former grade school teacher, became the first dean of the college. Another recently retired teacher, Mrs. Felicidad Perez, also joined. Mrs. Perez, as many alumni recall, composed the MPC-PLMun hymn. Mayor/Congressmanelect Jimmy Fresnedi also joined the faculty, teaching Philippine government and constitution during the early years of MPC. With the help of local businesess, we did a quick library buildup sufficient to meet DepEd requirements. We had three initial course offerings - liberal arts, teacher education and criminal justice. The third course was especially relevant for employees of the Bureau of Corrections and members of the local police force. On the very first registration day,

True love described

Christ said it very clearly. He who is not only the fullness of the revelation of God but is also the embodiment of what true love is said: “Love one another as I love you. No one has greater love than this, to lay down one’s life for one’s friends.” (Jn 15,12-13) Somehow those words tell us that true love can only have a universal scope. We can note that he simply said to “love one another as I love you” without further qualification. And immediately after those words, he described what is to be his friend that gives us an idea about what the essence of friendship is. “You are my friends if you do what I command you.” (Jn 15,14) Thus, friendship is all about doing Christ’s commands. It’s not so much about having common likes and dislikes with others, or some other criteria or standards. If our love is true, that is, it is a love that is a vital

participation of Christ’s love for all of us, then it is open to anything. That love would remain steadfast and would continue to grow and to be creative irrespective of how it is received by the object of such love. It can be received well or not, it can be reciprocated generously or be betrayed. Regardless of the fate it falls into, that love will remain faithful. Thus, St. Paul once said: “If we are faithless, he remains faithful, for he cannot disown himself.” (2 Tim 2,13) This basic truth about true love should be known and appreciated by everyone of us, and especially those who are into some commitments, like married p e opl e an d t h o s e w it h special vocations. They have to pattern their love and sense of commitment after Christ’s love that has as its objects the Father and all of us. Christ was and is open to anything because of pure

love. This is the kind of love that we should try our best to cultivate in ourselves too. It’s purely gratuitous, and even more, it will do everything to recover the beloved even if the latter not only not corresponds to that love but also betrays and goes against that love. It’s a love that is willing to bear the sins, mistakes and offenses of the others, and even willing to offer one’s life for them. We can only do this if we are true friends of Christ, that is, persons who obey Christ’s commands. It’s this friendship with Christ that would enable us to be friendly with ever ybody else regardless of how the others are. As one saint said it, we should be willing to go to the very gates of hell, w it hout e nte r i ng it , of course, if only to save a soul. This obviously would require of us to be tough and clear about the real goal to reach, and yet flexible and

SPEAKING OUT

IGNACIO BUNYE I was gratified to see one of our local traffic policeman, in full uniform, filling up his registration application. Fortuitously, PEC did the spadework to establish the college even ahead of the municipal council resolution. In less than 6 months after the PEC jobs survey, we obtained our permit and we were ready to operate in time for the opening of classes in June of 1991. Two years later, as the student population grew, we decided to move the campus to the second floor of the Contessa Building in MUNTINLUPA/PAGE 11

HINTS AND TRACES

ROY CIMAGALA adaptable to any person and to any condition. In this regard, we have to learn how to fraternize with sinners. We have to replicate Christ’s attitude towards sinners, who actually are all of us—of course, in varying degrees. We have to give special attention to the lost sheep and to the lost coin. We have to open all possible avenues to be in touch with all sinners. This is what true love is all about. It may not be all sweet according to our human standards. But it is what is truly proper to us!


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

MON-TUE|MAY 23-24, 2022

5

Banking&Finance

Non-monetary policy aid still best vs. war's impact on inflation B ANGKO Sentral ng Pilipinas (BSP) Governor Benjamin Diokno maintains that non-monetary policy measures remain the appropriate solution to address the impact of the ongoing Russia-Ukraine conflict on the domestic economy. In a virtual briefing on Wednesday, Diokno said the primary impact of the conflict on the Philippine economy is through higher prices of commodities like oil and food, which affects inflation and in turn, lower the value of income and lessens demand. He said the war between the two countries intensified the upticks in commodity prices in the global market as it added to supply-side disruptions. Diokno said both countries account for around 29 percent of global wheat exports and 19 percent of world corn supplies. He added the inflationary impact of the conflict was felt in the domestic economy since last March when energyrelated inflation drove the rate of price increases. The inflation rate last April accelerated to 4.9 percent, exceeding the government’s target band of 2-4 percent until 2023, from the previous month’s

4 percent. The average inflation in the first four months this year stood at 3.7 percent, but monetary authorities forecast the full-year average at around 4.3 percent. “In sum, inflation risks are tilted to the upside this year, but broadly balanced in 2023. Upside risks over the near term continue to emanate from the shortage in the domestic food supply as well as from the potential impact of higher oil prices on transport fares,” he said. Diokno cited that in the past, supply-side shocks like hikes in the prices of oil and other commodities in the international market “have been best addressed through timely non-monetary policy

interventions that could ease domestic supply constraints and prevent second-round effects on prices.” The government has disbursed fuel subsidies to drivers of public utility vehicles (PUVs) as well as farmers and fisherfolk to cushion the impact of the oil price increase on these vulnerable sectors. The Regional Tripartite Wages and Productivity Board recently announced the increase in the minimum wage in the National Capital Region (NCR) and Western Visayas. Also, petitions for minimum fares have been filed, and these are among the second-round effects of higher inflation. Diokno said the

announced wage hikes are within their baseline forecasts and are “consistent with the growth of the country’s labor productivity as well as historical minimum wage adjustments.” He said, “higher-thanexpected wage adjustments due to the uptick in oil prices would lead to further second-round effects on inflation.” “That said, the BSP continues to wield a wide array of policy instruments to respond to possible adverse impacts of this external shock. The BSP likewise supports the timely implementation of selected direct nonmonetary measures by the government to mitigate the impact of higher oil prices,” he added. (PNA)

THE government will pay in advance the P300-billion bridge financing extended to it by the Bangko Sentral ng Pilipinas (BSP) in January 2022. “The National Government will fully settle these loans tomorrow, 20 May 2022, ahead of the maturity schedule of 11 June 2022,” BSP Governor Benjamin Diokno said in a virtual

briefing on Thursday. The provisional advance that the BSP gave to the national government last January was lower compared to the P540 billion that the former had lent to the latter several times in 2020 and 2021 as part of its pandemic-induced interventions. The BSP is mandated by its Charter, Republic Act 7653 or the New

Central Bank Act, to extend a liquidity boost to the national government at an amount that is equivalent to 20 percent of the latter’s average revenues in recent years. The first of these during the pandemic was the P300 billion made through a reverse repurchase (RRP) agreement in March 2020. Under the deal, the BSP will buy

P300 billion worth of government securities, which is redeemable for three months but can be extended up to six months. This was followed by three P540-billion provisional advances until 2021. The cash provisions were to ensure funding for the government’s pandemic-related expenses. (PNA)

Victory is Not The Be-all and End-all

Gov't to pay in advance funding boost from BSP: Diokno

Agencies have funds for night differential pay: DBM exec GOVERNMENT agencies have the funds for their employees’ night differential pay but if they lack financing this will be sourced from the national budget, an official of the Department of Budget and Management (DBM) said. DBM Organization, Position Classification, and Compensation Bureau Director Gerald Janda, during the Public Briefing aired over PTV4 on Thursday, said government agencies need to get the funds for

this expense from their Personal Services budget. “Kung may kakulangan ay maghahanap po ng pondo sa GAA (General Appropriations Act) (If there is deficiency then we will look for funding from the GAA),” he said. Janda said DBM will coordinate with the office of Civil Service Commission (CSC) Chairman Karlo Alexei Nograles to harmonize Republic Act No. 11701, which grants night shift differential pay to state workers, with that of

DBM Budget Circular No. 8, issued in December 1995, which has the same policy. He said government workers rendering work beyond their regular schedule of between 6 a.m. to 6 p.m. or those who need to put in additional work from 6 p.m. until 6 a.m. of the following day will be qualified for the said pay. He, however, clarified that state workers who are on call 24/7 are not covered by this pay policy. Section 5.3 of DBM BC

No. 8. states that “when an employee working in a regular night shift falling within the 6:00 pm to 6 am period renders services in excess of the regular 8-hour night shift, the excess hours shall be compensated in accordance with the rules and regulations of overtime compensation.” Janda said they have received a copy of RA No. 11701 and will be in touch with the CSC for the immediate issuance of the law’s guidelines. (PNA)

PRIMROSE D. DAGOC, T-1

A victor y parade is a celebration that most likely got its motivation from the end result of any event. The jubilant grin of the winner and the thunderous applause of the audience are two of life's most memorable scenes. Lonely are those who are labeled by themselves as a failure. When I think of the time I spent at school, I overcome with a profound feeling of isolation. This is especially true when I consider the years that have passed since I was there. My professors had very high expectations for me, and on exceptional cases, I was able to surpass those expectations and do even better than they had hoped I would. I, on the other hand, have never valued my own capabilities. I do not blame me. The people around me was too influence about "Winning isn't everything, it's the only thing." This is a popular quote among competitors. This is a position that I vehemently disagree with because, although it is true that a person might have a good sensation after winning, there is a great deal more to life than just winning. I don't believe that winning would be worth it if it weren't for things like working together as a team, having excellent etiquette, and doing your hardest. Even though victory is essential, and competitions are serious endeavors that need to be treated as such, it is by no means the only thing that matters. It is also extremely vital to provide the commitment one hundred percent of your attention and everything you have in order to succeed. The rewards that one receives after putting in a lot of effort are very satisfying. One of these joys was mine to enjoy in December 2021, after I had spent the preceding month toiling and dripping sweat in preparation for the Brigada Eskwela Competition in our division. Congratulations were showered upon me by my school, Tagpangi ES, in an overwhelming manner. The following morning, at the awarding

ceremony, I received a round of applause for my performance. However, without the help of my co teachers, I wouldn't be able to receive such outstanding award. I had entered the same contest a year ago but unfortunately our school didn't place in the division level. I was so exhausted that I couldn't stop crying since I had worked so hard every day. My feelings of disappointment sprang from the fact that I had let down my team. I was so embarrassed that I wasn't even getting the urge to participate any more due to how terrible it made me feel. Then again, victory is not the be-all and end-all. I focused on bringing myself back under control. Even though I didn't come out on top in that round, I was able to go farther in the competition and strengthen my character. The unfortunate truth is that we do not always receive what we want when we want it. There's always a chance that we'll get a new employment or a new position, but there are also instances when we don't. It is important for children to experience things for themselves at a young age so that they may acquire valuable lessons and equip themselves for the future. One further reason why victory is not the be¬all and end-all is that it drives individuals to engage in introspection. A person's perspective, their values, and the ways in which they might improve their behavior are all helped by the experience of losing. Victory is not the beall and end-all, it is more than that. It is more than the expectations of other people, it was my loathing for myself that drove me to 'do more,' which ultimately resulted in the unexpected release of strong emotions. A little girl's wounded pride, along with her unwavering confidence in both her own thoughts and those of her teammates, was the seed that eventually grew into the inventiveness that was lauded by the relevant people.


6

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

MON-TUE|MAY 23-24, 2022

Local mart keeps PH food firm biz afloat FILIPINO food manufacturer Monde Nissin Corporation has kept its business afloat despite increasing prices of raw materials brought by developments outside the country. In a media briefing, Monde Nissin chief financial officer Jesse Teo said supply bottlenecks

and rapid increase in input costs cut the company’s profit in the first quarter of the year. “Input costs have increased well over 20 percent for the key region. For the key raw materials that we have from oil and meat, for every 10 percent increase of that, it’s a 1.5 percent margin hit to our

business,” Teo said. The listed firm reported a 7.2-percent increase in consolidated revenues from January to March 2022 period amounting to P18.3 billion. Its net income declined by 13.5 percent to P2.1 billion in the same period. Company chief

Hashtag (#) and Its Digital Impact

COVID-19 Resource-Limited Teaching and Learning

MARVIN S. TUSOY Secondary School Teacher III Ozamiz City National High School Lam-an, Ozamiz City

MELCHIER JHON P. PATOTOY Secondary School Teacher II Ozamiz City National High School Lam-an, Ozamiz City

Ashyra Anjella Cabuco celebrated her 18th birthday earlier this month. Ashyra wears a Gundinas Gowns creation on this momentous occasion with makeup done by Niko Go and hair by LJ Montecarlo. The event at Pearlmont Hotel was made possible by GH Events Coordination, video by ALVISUALS, event styling by Boxed Blooms Floral Atelier CDO, lights and LED wall by Powered Audio Lights Sound and Effects Rental, cake and cocktail courtesy of Mae Lee’s Pastry Poetry and production choreography by Kirby Alcorin. There was also a perfume bar on site courtesy of EZ Perfume Bar as well as an event DJ in the person of Jillian Gabaon aka Miss J. Giveaways were provided by Heart and Soul Philippines and Michael Ho. PORTRAITURE BY CAMILLA STUDIOS

The COVID-19 outbreak in the Philippines is starting to have a noticeable effect on the country's socio-economic conditions, even though it is difficult to estimate the full scope of the catastrophe that it has caused. Communication and social structures have been profoundly altered, resulting in moving into a more geographical and virtual domain because of its influence. When schools are closed, socialization patterns are thrown into disarray. Is the educational system in the Philippines wellprepared for the risks it faces, and does it can adapt or influence the transition? Even if they were born into a technologically advanced culture, are today's young

people competent in teaching or learning through the various online educational platforms that are currently available? However, although the governments of the Philippines have declared safety measures, including the shutting down of educational institutions and the banning of gatherings, this may also be seen as an opportunity. H o w e v e r, w i t h t h e continuing threat of COVID-19, government and educators from the private and public sectors worked hard to reaffirm their commitment to providing quality education to all Filipino learners, making education accessible and holistic.

How would you hashtag your day so far? Hashtags can be expressive or creative in a way that is just saying something c an't; s ome are f unny, some don't add anything to a conversation, some are too long, and some are disasters. People use hashtags to complain about things sarcastically. So, hashtags are just one example of things that can be misinterpreted online. Because even though we might mean one thing, it doesn't always translate. How can we get the online impact we want for ourselves and for our friends? To begin with how we impact ourselves online, we're going to look at some reallife examples. In October 2015, Typhoon Koppu (also

The revival of face to face instruction By GRACE MAE M. ESTAÑO Teacher III

JOB HIRING Agri-Technical Services Quality & Research Manager Agriculture degree in Agronomy, Horticulture, Crop Science. Masters and Ph D. an advantage. Ten years relevant experience. Proficient in written and spoken English, analytical, organized, resultsoriented, innovative, strong research abilities, and with published research works.

LAPANDAY DIVERSIFIED PRODUCTS CORPORATION Aglayan, Malaybalay City, Bukidnon Contact No. 09176212503 Email at legal@lapanday.com

BLENDED learning will be implemented this coming school year but the government has already set a three-point yardstick for the eventual resumption of in-person classes. B e f o re c o n s i d e r i n g allowing students to physically return to school, President Duterte said the government must look into factors such as the c o r o n av i r u s s i t u at i o n of a community and compliance of s cho ols with health regulations. In a 2016-2021 final report to the people,

t he President s aid t he government remains c om m itte d to prov i d e quality education amid a pandemic but will prioritize the safety of the students. Education remains our top priority amidst the pandemic as we strive to further boost the country’s human capital – an investment for the future of the Philippines. We have designed a t hre e-pronge d cr iter i a towards the eventual safe resumption of face to face classes namely community

executive officer Henry Soesanto said they remain optimistic about its business but will continue to monitor risks brought by increasing commodity prices. “While we had a strong start to the year and remain optimistic about the continuation of MART/PAGE 11

C ovid r isk ass essment driven from our Covid-19 monitoring models, school-based readiness for health standards that encompasses the upkeep of sanitation in schools and shared responsibility that will must the commitment of essential stakeholders towards a systematic and risk-based approach in the reintroduction of schoolbased instruction. The President has opposed the resumption of face to face classes since the pandemic started last year.

known as Lando) impacted the Philippines, and many people found themselves stranded. One family tweeted their location and phone number using the hashtag #RescuePH @NDRRMC_ OpCen. What is its impact? Well, many families were rescued because of the use of the #RescuePH @NDRRMC_ OpCen hashtag and were also able to reassure their family members. In other situations, sharing your thoughts using a specific hashtag, though your intention is good, impacts negatively on some people depending on how they perceive it. Sharing with friends is the same as sharing with the world. Although we may only intend for a small number of people to see things that we post online, the reality is often the opposite. What can we do to ensure we put the right things online for the right people? First, check your privacy settings and have a private profile. Then don't add people you don't know and ask yourself who you might affect before posting. Social psychologists have found a fascinating phenomenon called 'the bystander effect,' which shows that the more witnesses there are to a distressing situation, the less likely anyone is to help. It's because everyone assumes that someone else will step in. Remember: WHEN WE INTERACT ONLINE, WE HAVE THE POTENTIAL FOR A HUGELY POSITIVE IMPACT.

Is Development in Technology a Curse in Disguise? FELINA J. TARAYA Teacher III Gitagum Central School DepEd Misamis Oriental

Te c h n o l o g y i s f i r m l y integrated in our everyday experience whether we like it or not regardless of our cons ciousness. Truly, we don't only use o r e nj oy t e c h n o l o g y ; we are surrounded by it. The influence and benefits of technolog y on society today cannot be ignored. With the new technological discoveries

and advancements throughout the last few decades, the 21st century has been labeled the period of science and technology. However, everything comes with a price. A price for our irresponsibility and oblivion in utilizing the what-socalled “beneficial”. In some circumstances, new technology replaces a major portion of the labor which leads to unemployment. Not only it affects one’s job, but also their family. There is a separation between family and professional life as a

result of people bringing their work devices at home and monitoring their work emails instead of having quality time with their family. People are consuming thousands of news articles every day, yet none of which is kept to the point at which it becomes knowledge. Furthermore, people fe e l m ore c om for t ab l e connecting with others through messaging and chat applications, but not personally, as an effect of their dependence on technology. People in the same room do not even

bother chatting to one other, but instead focusing on their devices. Excessive exposure of gadgets and indo or activities have influenced how people spend their lives, leading to increased weight, health difficulties, and new addictions based on some research findings. With the fast adoption of technology that we've been seeing, we should be mindful as well of the many negative effects technology has on our lives and the world. We all know that anything can be bad if we overuse it. The same can be said for technology and the numerous advantages it provides.


BusinessWeek MINDANAO CREDIBLE

HISTORY FEATURE

RELIABLE

IN-DEPTH

Mon-Tue|May 23-24, 2022

7

this month in world war ii history

PT-41 comes home

Veterans kin donate PT-41 scale model for MacArthur Memorial

T

By MIKE BAÑOS

HE commemoration of the 80th Anniversary of General Douglas MacArthur’s Breakout from Corregidor on March 13, 2022 was constrained by the latest surge of the coronavirus pandemic, but this did not stop some private citizens from making a token gesture to acknowledge its importance in our local and world histories. A 1/24 scale model of PT-41, the PT Boat which brought MacArthur and his family from Corregidor to Cagayan has been crowd-funded by a group of private citizens and institutions led by the Philippine Veterans Bank and the heirs and families of the following patriots: Col. Leonardo V. Hernando O-2462 (Ret.); Col. Fidencio M. Laplap O-37530 (Ret.); Lt. Col. Angeles L. Limena O-2141 (Ret.) ; Commander Albert Parker Ross 2015690 (Ret) USN; Major Blas Chaves Velez O-37540 (Res); Maj. Rosauro P. Dongallo, Sr., O-37833 (Inact); Capt. Andres D. Bacal O-37523 (Inact); Capt. Ramon R. Buhay ASN Unk (Inact);

Capt. Luciano S. Firmacion ASN Unk (Inact); 1st Lt. Jose D. Docdocil O-37829 (Inact); 2nd Lt. Baltazar A. Cabrera O-33265 (Inact); 2nd Lt. Rodolfo A. Moreno O-37659 (Inact); Master Sgt. Mauricio E. Malabed 0-738461 (Inact); Cpl. Jesus B. Ilogon 0-33105 (Inact); Cpl. Jose G. Gorra 0-136215 (Inact); and, Pvt. Emiliano Macanas A. 0-179700 (Inact). MacArthur’s successful Breakout to Australia enabled him to reorganize the Allied Forces in the Pacific and eventually keep his promise to the Filipinos of “I Shall Return.” Meantime, the unsurrendered USAFFE soldiers and guerrillas

kept the enemy disrupted with timely raids on their garrisons and intelligence reports that enabled the sinking of enemy ships by Allied submarines which also supplied them with weapons and ammunition to continue the struggle for freedom. In memory of the valor and sacrifice of our guerrillas and soldiers this memento will be dedicated and unveiled at the Ayala Centrio Activity center during the 77th Anniversary of the Liberation of Cagayan on May 12, 2022. The formal turnover to the Cagayan de Oro City Government through the City Tourism & Cultural Office will be scheduled later. The organizers acknowledged with grateful thanks and appreciation the financial assistance of the following persons and entities who assisted in the successful conclusion of this 80th anniversary project: The Philippine Veterans Bank through First Vice President Miguel Angelo C. Villa-Real; Congressman Rufus B. Rodriguez, 2nd

Congressional District of Cagayan de Oro City; Engineer Elpidio M. Paras, UC-1 Corporation; Philippines World War II Memorial Foundation through Vice President for Research and Education Desiree Ann Cua Benipayo; and former Norfolk Sister City Association- Cagayan de Oro Committee Chair Chief Hospital Corpsman Harry Acuña, US Navy (Ret), with Senior Chief Machinist Mate Angelo Acuña, Jr., US Navy (Ret), and Mr. Angelo Acuña, Sr. And not the least, the heirs and relatives of the veterans honored with this 80th anniversary memento who helped crowd-fund the completion of the scale model and its accessories: Mrs. Alice Limena Lacson and Family, Dolly and Raul Ilogon and Family, Leonardo Jr., Eduardo and Adrian Fidel Hernando and Family; Fr Antonio Moreno, SJ; Dr Ramon Moreno and Family; Gerlou and Rosie Docdocil and Family; Joy & Gil Blas Velez & Family; Lito, Olet & Bobby Cabrera and Family; Brig. Gen. Johnny Macanas & Family; Annie Gorra

Rago and Family; William, Faye Bacal & Family; Rosauro Dongallo, Jr. & Family; Penny Dharamdas, Debra Fortich, Rowena Laplap & Family, Dorothy Jean Buhay Pabayo & family, and Franciso B. Sarraga & Family. This project was initiated and sustained by the Volunteer Project Committee with Engr. Elpidio M. Paras, Congressman Rufus B. Rodriguez, Mr. Miguel Angelo C. Villareal, Miniature and Scale model

builder Desi R. Reyes, Photographer and Modeler Albert Labrador, Mr. Albert Parker Ross II (who provided the drawings and advised Mr. Reyes during the entirety of the PT41 build); Artist Nicolas Aca, Jr., Graphic Artist and Designer Christopher Gomez, Donna C. Ocampo and Asst. Prof. Philip Molina Garcia of the University of Utah Asia Campus, Inchon, South Korea, without whom this project would not have been made possible.


8

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

MON-TUE|MAY 23-24, 2022


9 917Ventures launches Concati one-stop API hub for faster time to market Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776

MON-TUE|MAY 23-24, 2022

Globe’s venture builder 917Ventures has launched Concati, a one-stop application programming interface (API) marketplace, where developers can access high-quality APIs to effortlessly enhance existing solutions and get to market faster. This suite of secure, scalable, and enterprisegrade APIs can be easily integrated into an organization’s digital systems, allowing companies to come up with better products more quickly. Users can cut their building costs and development time by one to two months. Concati APIs work well with all major development languages. Developers can simply use the technology they are most familiar with.

“We are excited to introduce Concati to developers around the world for an elevated user experience among their customers. Anyone creating a new web or mobile application can benefit from the flexibility and convenience that

Concati provides. The APIs are also relatively cheaper compared to their regional and international counterparts,” said Mikey Garrovillo, Head of Product, Technology and Data for 917Ventures. With an easy-to-

use API management platform, businesses can explore and connect seamlessly. Concati also offers reliable maintenance and aftersales support. Available APIs include Address Service, Centralized Logistics, Consent Management,

User Service. You may sign up and create a Concati account on https:// concati.com. Concati provides free 500 credits for developers to consume when they try out the APIs.

Teachers duties, responsibilities and experience By GRACE MAE M. ESTAÑO Teacher III

Better Education : Filipino's Top Priority FELINA J. TARAYA Teacher III Gitagum Central School DepEd Misamis Oriental

One of the most essential responsibilities of every Filipino parent to their children is education. It is a significant aspect of Filipino's life if they are to succeed and have a brighter future. A Filipino's top priority is to provide their children with the greatest education possible. If parents can afford the tuition fees and other expenses, they will sacrifice their personal necessities to send their

Feedback Service, Inventory Service, Leaderboard and Missions, Maintenance Service, OTP Service, Push Notifications, Referral Service, Scheduling Service, Voucher Service, and

children to a better school. Parents want to provide a better future for their children. In fact, Filipinos believe that the best education is the one thing parents can give their children, which no one can take away. Since education is the road to success, Filipino parents encourage their children to complete college and obtain education. Moreover, education is one of every Filipino's top objective. So to say, in Philippines, education has improved, and learning skills are of excellent quality in line with the new K to 12 Basic Education Curriculum since government is working

to improve education all over the country. They ensure that kids learn after each year's finish, whether in private or public schools. Way back before, there was a formal and non-formal education system. A formal education lasts 14 years, which includes 6 years in elementary school, 4 years in high school, and 4 years in college. Schooling begins at the age of seven years old. However, the educational system is currently undergoing significant changes. Today's education includes a K–12 program that has been approved by the Department of Education. Children can

now begin schooling at the age of four years old before being accepted into primary or elementary school. In comparison to previous years, the length of school years has also changed significantly. Due to modern technology, education has undergone significant changes in many areas, including teaching methods, school years, curriculum and academic subjects, and now vocational learning for a limited time. Lastly, every Filipino believes that every child should be educated and that no one shall be left behind. If we have a decent education in our country, it truly helps everyone, not just Filipinos, but people all over the world to understand each other. EXTRAJUDICIAL SETTLEMENT OF ESTATE OF DECEASED PERSON KNOW ALL MEN BY THESE PRESENTS: That in June 26, 2012, at Cagayan de Oro City, LUSITO M. ANG, died intestate leaving a four (4) parcels of land & a building with Transfer Certificate of Title No. T-39896 situated at Barra, Opol, Province of Misamis Oriental, Island of Mindanao, containing an area of THREE HUNDRED ONE (301) Square Meters, more or less, Transfer Certificate of Title No. T-39895 situated at Barra, Opol, Province of Misamis Oriental, Island of Mindanao, containing an area of THREE HUNDRED ONE (301) Square Meters, more or less, Transfer Certificate of Title No. T-39899 situated at Barra, Opol, Province of Misamis Oriental, Island of Mindanao, containing an area of THREE HUNDRED TWENTY FOUR (324) Square Meters, more or less, Transfer Certificate of Title No. T-42018 situated at Barrio Bulua, Cagayan de Oro City, Island of Mindanao, containing an area of ONE HUNDRED EIGHTY FOUR (184) square meters, more or less, and has been the subject of an EXTRAJUDICIAL SETTLEMENT OF ESTATE OF DECEASED PERSON, filed by the heirs of LUSITO M. ANG, per DOC #91; PAGE #19; BOOK #45; Series of 2022 under the Notarial Registry of ATTY. ROWELL B. VALLEDOR. BWM: May 9, 16 & 23, 2022

A teacher is a professional who teaches students based on national curriculum guidelines within their specialist subject areas. Their duties include assigning homework, grading tests, documenting progress and keeping up with parent communication. They communicate and evaluate needs to ensure every student feels challenged but not overwhelmed by the material being covered. Teacher responsibilities include presenting lessons in a comprehensive manner and use visual/audio means to facilitate learning, providing individualized instruction to each student by promoting interactive learning and creating and distributing educational content. You will be responsible for preparing and implementing a full educational teaching plan according to the school’s requirements. It will be fundamental to provide knowledge and instruction to students w hi le a ls o helping them develop their personalities and skills. They will know how NOTICE

to organize a class and make learning an easy and meaningful process. The go a l is to help cultivate the students’ interest in education and be their dedicated ally in the entire process of learning and development. Present lessons in a comprehensive manner and use visual/audio means to facilitate learning, provide individualized instruction to each student by promoting interactive learning, create and distribute educational content (notes, summaries, assignments etc.), assess and record students’ progress and provide grades and feedback, maintain a tidy and orderly classroom, collaborate with other teachers, parents and stakeholders and participate in regular meetings, plan and execute educational inclass and outdoor activities and events and bserve and understand students’ behavior and psyche and report. EXTRAJUDICIAL SETTLEMENT OF ESTATE KNOW ALL MEN BY THESE PRESENTS:

That the late BERTOLDO CABACTULAN who died intestate on _____________ respectively and CATALINA A. CABACTULAN who died intestate on _________ respectively without leaving any last Will and Testament, at Cagayan de Oro City; at the time of his demise, left behind personal properties and real properties with TCT No. T-94248 situated in the Barrio of Kauswagan, City of Cagayan de Oro, Island of Mindanao, containing an area of TWO HUNDRED TWENTY NINE (229) square meters, more or less and has been the subject of an EXTRA-JUDICIAL SETTLEMENT OF ESTATE W/ DEED OF SALE, filed by the heirs of BERTOLDO CABACTULAN and CATALINA A. CABACTULAN, in favor of RONIE C. JAURIGUE and ALYN S. JAURIGUE, per DOC #12; PAGE #3; BOOK #69; Series of 2021 under the Notarial Registry of ATTY. ODILON A. APOLINARIO.

That the late SPS. CARLOS M. CASTAÑOS and PERLA B. CASTAÑOS who died intestate on October 5, 1991 and August 28, 2012 at the time of their death left real properties with Transfer Certificate of Title No. T-107067 situated in the Barrio of Poblacion, City of Cagayan de Oro, Island of Mindanao, containing an area of EIGHTY ONE (81) Square Meters, more or less, Transfer Certificate of Title T-7370 situated at Adela Subd., Camaman-an, Cagayan de Oro City, containing an area of ONE HUNDRED NINETY FOUR (194) Square Meters, more or less, Transfer Certificate of Title No. T-9900 situated in the District of Carmen, City of Cagayan de Oro, Island of Mindanao, containing an area of ONE THOUSAND (1,000) Square Meters, more or less, Transfer Certificate of Title No. T-27169 situated in the Barrio of Kauswagan, City of Cagayan de Oro, Island of Mindanao, containing an area of THREE THOUSAND THREE HUNDRED NINETY EIGHT (3,398) Square Meters, more or less, Transfer Certificate of Title No. T-54729 situated in the Barrio of Gusa, City of Cagayan de Oro, Island of Mindanao, containing an area of THREE HUNDRED TEN (310) Square Meters, more or less, Transfer Certificate of Title No. T-54730 situated in the Barrio of Gusa, City of Cagayan de Oro, Island of Mindanao, containing an area of THREE HUNDRED FIFTY SEVEN, (357) Square Meters, more or less and has been the subject of an EXTRAJUDICIAL SETTLEMENT OF ESTATE, filed by the heirs of SPS. CARLOS M. CASTAÑOS and PERLA B. CASTAÑOS, per DOC #79; PAGE #16; BOOK #2; Series of 2021 under the Notarial Registry of ATTY. ANDREW REY P. DELA SERNA.

BWM: May 16, 23 & 30, 2022

BWM: May 9, 16 & 23, 2022

Notice is hereby given that the intestate estate of the late JUDITH REMILLA (sometimes spelled as REMELLA) died intestate on January 19, 2022 at Cagayan de Oro City is the subject of the Extra Judicial Partition of Estate located at Cagayan de Oro City by and among the Heirs as per DOC #457; PAGE #92; BOOK #XXXV, Series of 2022 of Notary Public Oscar P. Musni, Roll of Attorneys No. 30311. BWM: May 9, 16 & 23, 2022

EXTRA-JUDICIAL SETTLEMENT OF ESTATE W/ DEED OF SALE KNOW ALL MEN BY THESE PRESENTS:


10

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

MON-TUE|MAY 23-24, 2022

Lenient... from page 1

But under the guidelines, only the healthcare workers, medical frontliners, essential workers at Authorized Persons Outside of Residence (APORs) are entitled to a free ride. Most public utility vehicles continue to operate under limited seating capacity to ensure physical distancing and prevent the transmission of COVID-19. But Guro opined that common sense dictates that when parents who are APORs and carry a child who is minor and without valid IDs must not be refused travel as this runs counter the norms of parental responsibility over their children. "Where will you leave a

lactating child if you'll separate them from their mother? Or, who'll take care of a five year old child of an APOR parents?" Guro said. "With our much improved situation and downgraded health protocols, drivers and operators must be lenient to parents travelling with minor children and also to persons with disabilities and senior citizens," Guro added. Under the service contracting program, the more than 49,000 drivers nationwide who have contracts with the LTFRB are entitled to a one-time payout of P4,000 and weekly payments per kilometer traveled, regardless of the number of passengers. It's a departure from the boundary system where the income of drivers and operators totally depend on the fares collected from passengers.

NOTICE OF PUBLIC AUCTION

Importance of Face-to-face Interaction in Education By: JOSELITO L. LEGASPI Teacher III Barra Elementary School

Face-to-face learning gives the students ample room for cultivation and growth. The presence of a teacher with a classmate is different, it involves the mental and emotional aspects of the stu d e nt s . Stu d e nt s c an grow more within a group of people learning together. Inte r a c t i on b e t we e n students and teachers is clear and accurate. Can interact with each other and can ask direct questions from the teacher. Students can interact with each other without any hindrance or barricade. Questions are not difficult to answer since they can help each other within

the class. Let us focus our attention aw ay f rom t h e s e g r i m prospects and onto what needs to be done as soon as possible. We must agree that great teaching requires face-to-face contacts between professors and students, as well as lively and healthy arguments among peers both inside and outside the classroom. Empathy, attention, collaboration and negotiation, critical an d c re at ive t h i n k i ng , growing knowledge of other perspectives, and building respect for those who are different are difficult to instill in kids without face-to-face

ORO CHINA PAWNSHOP AND JEWELRY WEST CONCOURSE, LIMKETKAI MALL LAPASAN, CAG. DE ORO CITY

Will conduct a public auction on May 26, 2022 from 10:00 AM to 7:00 PM for all unredeemed articles pawned in this establishment for the month of January 2021, February 2021, March 2021, April 2021, May 2021, June 2021, July 2021, August 2021, September 2021 & October 2021. THE MANAGEMENT Nagbaligya pinaagi sa subasta karong Mayo 26, 2022 giakn sa alas 10:00 sa buntag hangtod sa alas 7:00 sa gabii sa tanang wala na lukat nga prenda kaniadtong bulan sa Enero 2021, Pebrero 2021, Marso 2021, Abril 2021, Mayo 2021, Hunyo 2021, Hulyo 2021, Agosto 2021, Septembre 2021 ug Oktubre 2021. ANG TAGDUMALA

DONSALS EXPRESS IS NOW OFFICIALLY HIRING!

• 30 Bus driver • 30 Bus Steward Requirements: 1. Barangay Clearance 2. Police Clearance 3. Resume & 2x2 Picture Pls visit to Donsals Office in Laguindingan or Tagoloan, Misamis Oriental. What are you waiting for? Apply now!

classroom instruction. Schools that reopen for face-to-face contacts must be carefully arranged in stages to protect the safety of children, instructors, and school employees, especially after physical separation. This one-on-one engagement with the teacher goes beyond instilling positive ideals to obtaining positive outcomes

56.89% of all public schools nationwide resumed face-to-face classes By RAYMUND P. IGLESIA Libertad Central School

A total of 25,668 or 56.89% of public schools nationwide have already gone back to in-person learning amid the COVID-19 pandemic, the Department of Education (DepEd) said. E duc at ion S e cret ar y Leonor Briones said they are expecting 5,948,640 public school students from all grade levels to participate

Readiness of learners for back to classroom instruction By GRACE MAE M. ESTAÑO Teacher III

THE Covid-19 pandemic has put tremendous pressure on e du c at i on s y ste ms around the world. While schooling and learning were interrupted for hundreds of millions of children worldwide, the pandemic also accelerated the provision of remote learning as a viable solution during emergency events. As school closures are not unique to the Covid-19 outbreak and can take place due to conflicts, other disease outbreaks, natural or man-made disasters,

strengthening the resilience of the education sector against thes e negative shocks is critical to human capital gains and inclusive and equitable education for all. A country-level assessment of educational resilience in relation to crises is essential to accelerate the efforts of the international community and national stakeholders in building back better. The report introduces the Remote Learning Readiness Index, a new composite indicators to

in academic cumulative evaluation methods. A conducive learning environment. This is a crucial source of emotional support for children, and it may help them form an emotional bond with their teachers. This will allow you to appreciate any interaction because there will be no distractions.

measure countries’ readiness to deliver remote learning in response to school closures or disruption of in-person learning. The index ranks countries’ performance with countries at the top receiving five stars and those at the bottom one star. By identifying the weakest links in each countr y’s efforts to deliver remote learning, the index sheds light on areas for potential collaboration among governments, the private sector, NGOs and other education stakeholders.

in face-to-face classes. She note d t h at t h i s number is 25.61% of the 23,230,898 total enrollees in the public school sector in the current academic year. Despite this, Briones said that it remains a “challenge” for DepEd that only 676 private schools or 5.47% of its total number have resumed face-to-face classes. At least 226,991 students or 7.09% of the private school learners are expected to enjoin this development. It is ironic that at the height of the debates on faceto-face schooling, there were many demands for face-toface, but now that we have approved it, there are only 676 private schools opening face-to-face. T h e re w e re v a r i ou s reasons why there was a “resistance” from private schools to hold in-person classes again. The most compelling of which is that some parents in the private schools are still quite apprehensive about letting their children go back to face-to-face classes, which of course is the right of every parent.


11

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

MON-TUE|MAY 23-24, 2022

Coffee... from page 2

and China, among others. The bid closed with the Davao del Sur PCQC winners amassing $31,893 or approximately P1.5 million. DTI Davao del Sur the figure exceeded the group's earnings in 2021, which was only $21,665 or approximately P1 million. The highest bid was given to the micro-lot (114 kilograms) of Marifel Dela Cerna, winner of PCQC 2022 – Best Specialty Arabica Coffee, with a closing price of $75 per kilogram or a total value of $8,550 or almost P500,000. This was significantly higher than last year’s bid for the micro-lot of Marites Arellano, 2021 winner of Best Specialty Arabica Coffee, at a closing price of $52.50 per kilogram. The winning bidder for Dela Cerna’s micro-lot was the US-based Teofilo Coffee Company. DTI-Davao Region spokesperson Jenny Mendoza said the auction is part of the annual PCQC tradition where the winning entries and lots under the Arabica and Robusta categories are opened for bidding to interested buyers inside and outside the Philippines.

Support... from page 3

from 65 million to 200 million, bringing the total payment value to date to USD15 billion from US6.5 billion. She said regulators like t he B ang ko S e nt r a l ng Pilipinas are also open to innovation, which is a plus for the economy. “From just a handful of scrappy multi-taskers, our local team has expanded continuously as we serve more and more Filipino business es of a l l sizes. We’re so excited to funnel our funding back to the Philippines to pave the way for other Filipino startups, establish partnerships with local communities, and support regulators in their digitization goals,” she added. (PNA)

Backs... from page 3

consumption reduction and vehicle emission mitigation in the mid- to long-term,’’ Gutierrez added. He said the industry group is also looking forward to the gradual electrification of private vehicles by offering a whole range of original equipment manufacturer (OEM) e-vehicles. “OEM e-vehicle technologies are backed up by years of research and development. It cannot be oversimplified by focusing only on one component of e-vehicle drivetrain system. The performance of OEM e-vehicles is measured in accordance with international standards,’’ Gutierrez added. The industry group has been active in promoting the adoption of e-vehicle

technologies since 2009. “While there are many factors affecting the widespread adoption of e-vehicles, the group is optimistic that EVIDA and the zeropercent tariff proposal puts the automotive industry in the right direction in terms of vehicle electrification,’’ CAMPI said. (PNA)

Compassion... from page 4

family—who are hurting and need our compassion and courage to help them. God has placed you there to be His heart and hands extended to them to help change their life—and to f i g ht ag ai nst i njust i c e, abuse, neglect, rejection and discouragement with His powerful weapons of grace and truth. Nothing can truly heal and change hearts except God’s real love and light which only Jesus Christ can give. Won’t you ask Him to take full charge of your heart, so He can begin filling you with His compassion and courage to comfort and help those you know are suffering? Just think a minute.

Faith... from page 4

Similarly, when we believe and expect bad things to come, we also attract that into our lives. Faith is the pathway for abundance, so be sure to hold it at the forefront of your mind. Don't be afraid to expect the very best for yourself. Allow me to close this column with a Chinese proverb: "People without faith in themselves cannot or will never survive!" - Worth to think about it! +++ Email: dor ingklaus@ gmail.com or follow me on Facebook or Twitter or visit www.germanexpatinthephilippines.blogspot.com or www. klausdoringsclassicalmusic. blogspot.com.

Muntinlupa... from page 4

Barangay Poblacion. In 1995, MPC moved to its present wide open-space campus adjacent to the Muntinlupa National High School. In March 2003, the city government , thru a city council resolution authored by Councilor Raul Corro, applied for the conversion of MPC into a state university, henceforth to be named as Pamantasan ng Lungsod ng Muntinlupa (PLMun).

Over the years, both the student population and course offerings have increased, enabling MPC to apply for university status . From an initial enrolment of 309, the student population has grown to 12,000. PLMun n ow of fe rs c ou rs e s i n elementary and secondary education, computer s c i e n c e , c r i m i n o l o g y, commerce, marketing and management, associate in computer technology, and liberal arts. Its graduate school offers MBA, MaEd and master in criminology. Moving forward, PLMun is exploring new frontiers. PLMun is tying up with the Ospital ng Muntinlupa to be able to offer a medical degree program. Another offering in the pipeline is a law degree course. I am proud that MPC, now PLMun, has improved the lives of countless Muntinlupeños who are now doing their own share in uplifting others. Incidentally, most of the pioneer students took up Philippine government and constitution under Mayor/ Congressman-elect Jimmy Fresnedi. Dr. Reynaldo Samson was an outstanding student leader during his time and is now a member of the faculty of PLMun. Dr. Ester Añonuevo-Dungca, the first valedictorian of MPC, is now a high value faculty member of Soldiers Hills Elementary School. Maricel Labra, who shared scholastic honors in the first graduating class, went on to become the head of the early education center in Muntinlupa. She now heads the Muntinlupa City government’s asset management group. Dr. Buena dela Cruz is principal II in Bayanan Elementary Unit 1. Dr. Mylene MarasiganVallejo is focal person for academics in MNHS senior hig h s cho ol. Dr. Jonel Joaquin is now principal in Gulod Elementary School in Batangas. Dr. Michael Landrito is principal in CCA National High School – Las Piñas. Dr. Zoren Pepito Gubalane is now senior education program supervisor, DEPED Muntinlupa. The others – Angelio Malacad, Eufracio Macalalad, Gerardo Aro, Cecilio Tomas, Julius Bernados, Jonathan Villamor, Catalino Maglinao, Robert Mandap, Arnaldo Mendoza, Jr. - later assumed senior positions either in the Bureau of Corrections or in the Philippine National Police.

Kagay-an Festival 1st Oro Lechoneros Encuentro Champion

for Orders, Contact Yoyong:

09354145759 09169249371

Hike... from page 1

Surigao del Norte and the Province of Dinagat Islands, the wage increase will be implemented in two tranches. The schedule of implementation under the tranches will be P20 upon effectivity of the wage order, and P10 on September 1, 2022. (PNA)

Drill... from page 1

part in the system, we are able to effectively communicate, efficiently respond, and recover from a blackout.” The company emphasized that the whole exercise covered table-top discussions or the theoretical facet of the drill; and the participants also needed to undergo simulation activities or practical applications of what they have learned from the training. In particular, the range of discussions included black start services, actual restoration experiences, blackout restoration guidelines and procedures, as well as workshops focusing on area-specific blackout restoration highways. Then a week after the t abletop pres ent at ions, simulation drill mirroring actual blackout scenarios had been undertaken – that way, the participants could put into practice their acquired skills in efficiently addressing concerns during blackout incidents and how electricity service restoration processes can be hastened, This year’s theme had been anchored mainly on “cutting down restoration time,” which entails then that NGCP must be able to bring back power service at a faster pace in case service interruptions occur. The transmission firm qualified that the whole scope of the blackout drill “highlights the importance of past experiences and moving forward to lessen recovery time in the event of a system blackout.” The causes of blackout incidents in the country had been wide and varied through the years – ranging from storm-tossed tree branches falling on to power lines; slash-and-burn activities that have been affecting

t ransmission faci lit ies; assaults on transmission assets by lawless elements; and the most common factor had been natural calamities – especially super typhoons and earthquakes.

Closure... from page 1

Impl e m e nt i ng s t r i c t border controls, Moreno argued, could aggravate the economy due to the controlled mobility of the people. Earlier this week, DOH Un d e r s e c r e t a r y M a r i a Rosario Vergeire reported that a total of 17 cases of the Omicron subvariant have been detected in the country. The cases, she said, have been detected in Metro Manila, Western Visayas, and Puerto Princesa City in Palawan. DOH said the Omicron subvariant BA.2.12.1 is believed to be highly transmissible due to additional mutations, compared to the original Omicron strain. Moreno said Covid-19 vaccination would be the most effective way to fight the Omicron subvariant, aside from strictly adhering to the minimum public health standards. “ The solution is the [Covid-19] vaccination. It has been very clear now, without a doubt, vaccination is the key. The protection that vaccination provides is very crucial,” the mayor said. Since the start of the DEED OF EXTRAJUDICIAL SETTLEMENT/PARTITION WITH WAIVER OF RIGHTS

pandemic in 2020, Moreno noted that the city does i m m e d i at e l y r e s o r t t o lockdowns unless advised by the Inter-Agency Task Force. As of Wednesday, the city government recorded a total of 552,182 fully vaccinated individuals in the ongoing vaccination campaign. The figure represents 92 p ercent vaccinat ion coverage from the city’s total target population of 599,929. (PNA)

Mart... from page 6

the growth we are seeing, commodity inflation remains a concern for our APAC BFB (Asia-Pacific Branded Food and Beverage) business and it is something that we will proactively respond to as the year progresses,” Soesanto said. Teo said the availability of shipping containers due to pandemic-related restrictions in China is dragging the company’s international business. “O ur pro duc t s have momentum just before the shipping container crisis happened, and we expect to be able to pick up where we left off once the crisis is done. Our domestic business, which is part of the international though, is doing quite well. It’s growing and it’s growing through share growth,” Teo said. “But we like to see these smaller businesses become a growth driver for us.” (PNA) EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH CONDITIONAL CONTRACT TO SELL KNOW ALL MEN BY THESE PRESENTS:

That the late CARLITO Y. LA VICTORIA who died intestate and without leaving a Will on March 15, 2018 at Bugo, Cagayan de Oro City; at the time of death of the above decedent, he left a parcel of land with Transfer Certificate of Title No. _______ situated at Villa Trinitas Subd., Bugo, Cagayan de Oro City, containing an area of ONE HUNDRED FIFTY SIX (156) Square Meters, more or less, and has been the subject of an DEED OF EXTRAJUDICIAL SETTLEMENT/PARTITION WITH WAIVER OF RIGHTS, filed by the heirs of CARLITO Y. LA VICTORIA, per DOC #09; PAGE #02; BOOK #31; Series of 2022 under the Notarial Registry of ATTY. JOHANNE EMMANUEL G. AGUSTIN.

That the late EVANGELINE M. AMOLATA who died intestate on December 17, 2011 at Cagayan de Oro City, died intestate without any Last Will and Testament and without any outstanding debts; during her lifetime left a parcel of land with Transfer Certificate of Title No. T-128728 situated in the Barrio of Balulang, City of Cagayan de Oro, Island of Mindanao, containing an area of THREE HUNDRED (300) Square Meters, more or less, and has been the subject of an EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH CONDITIONAL CONTRACT TO SELL, filed by the heirs of EVANGELINE M. AMOLATA, in favor of JOHN MICHAEL A. GUERZON and DIVINE GRACE L. GUERZON, per DOC #220; PAGE #44; BOOK #15;Series of 2021 under the Notarial Registry of ATTY. EFREN N. PELARADA

BWM: May 16, 23 & 30, 2022

BWM: May 23, 30 & June 6, 2022

KNOW ALL MEN BY THESE PRESENTS:


BusinessWeek MINDANAO CREDIBLE

RELIABLE

www.businessweekmindanao.com

LIFESTYLE IN-DEPTH

Mon-Tue|May 23-24, 2022

12

Customized cakes made excellent at Mia's Cake Studio WHETHER it's a special or an everyday occasion, customized cakes are something worth having

when you're with your loved ones. And the best customized cakes here in Cagayan de Oro are found only at Mia's Cake

Studio. Helmed by culinary couple Iris and Harvey, Mia's Cake Studio started out in 2019 as a home-based

endeavor. It sure is a gourmet love match as cookery teacher Iris and husband baker Harvey decided

to formulate their own cake making business. Because of the sheer taste alone, their sweet customized offerings were talk among local pastry lovers and their clientele grew until they decided to open shop just last May 17 at Big Tree Arcade along Kauswgan highway, this city. Here at their showroom, you can find templates of various customized cakes but Mia's Cake Studio would like to encourage their value clients to dicate their own design and they will do the rest.

Flavors available are pastillas, moist chocolate, vanilla and butter. As an added touch, Mia's Cake Studio is also selling bread such as flax seed baguettes, granola baguettes, Korean garlic creamcheese bun, chicken floss spicy, garlic loaf, ham & cheese loaf and cheesy roll. For more details, do call 09976216813. Customized cakes have never been these artsy. After all, Iris is a Kumbira 2017 gold award professional division on cake decorating last 2017!


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.