BusinessWeek Mindanao (November 16-17, 2022)

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Cause of outage

VEGETATION intrusion in electrical structures caused the simultaneous outage Monday of two transmission lines of the National Grid Corporation of the Philippines (NGCP) in several Mindanao areas. Elizabeth Ladaga, NGCP-Western Mindanao public affairs officer, said Tuesday vegetation intrusion between Towers 22 and 23 in Barangay Tingin-Tingin, Kauswagan, Lanao del Norte, caused the simultaneous outage of the Baloi-Aurora 138-KV and Agus 5-Aurora 138-KV lines. On early Monday morning, power service was cut off in Zamboanga Peninsula and other parts of Northwestern Mindanao when the two transmission lines tripped off allegedly due to uncooperative landowners.

Freed child laborers

THE Department of Labor and Employment in Northern Mindanao (DOLE-10) has freed 22,876 children from child labor in the last five years. DOLE10 Director Albert Gutib said during Tuesday’s Advocacy and Communications Committee (AdCom) meeting that the cumulative figure was based on their 2018-2022 data. "The region has the highest recorded child labor cases (in the Philippines), with 68,195 (from 2018-2022)," he said in the assembly organized by the Regional Development Council-10.

Enough funds for calamity loans

A TOP official of the Social Security System (SSS) assured Tuesday that the agency has ample funds to cater to members and pensioners affected by Severe Tropical Storm Paeng who wish to avail of their Calamity Loan Assistance Program (CLAP). Michael Regino, SSS president and chief executive officer, said they have “more than enough” funds since the agency has a P700billion budget for loans and other programs. “You don’t need to worry. SSS is well-managed and there's enough money for such a program,” he said in an interview with local reporters.

Oro developer eyes middle class market

unveils green apartment IDC Homes

CAGAYAN de Oro’s pioneering condominium developer

Italpinas Development Corporation has created a subsidiary IDC Homes to penetrate more the middle class market in Northern Mindanao who have joined the housing boom both as a residence and as an investment.

IDC Homes was launched in a ceremony well attended by hundreds of realty agents and brokers last Sunday at Pearlmont Hotel here in Cagayan de Oro City with guests of honor, Italpinas Development Corporation chairman and chief executive officer Romolo Nati and president Jose Leviste III.

Leviste, who is the scion of a known family in Batangas but has called Cagayan de Oro his home, said creating IDC Homes will be

Solar power lights up, enhance productivity in remote Socot IP villages

LAKE SEBU, South Cotabato – For the Manobos in Sitio Blit, Barangay Ned here, traveling from their community to the heart of the village is “buwis buhay” – a very risky and very expensive journey — because of the road.

Using a habal-habal (motorcycle), the main mode of transportation to move people and goods in the area, the 14-kilometer stretch from the paved barangay road to Sitio Blit usually takes about two hours. At least twice in that journey, the slippery, muddy and rocky road would allow only a one-way traffic so motorists have to stop and wait for their turn to pass.

To transport goods on that 14-kilometer

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DAVAO City — Former Sarangani Governor Miguel Rene Alcantara Dominguez has joined the 60-year-old Alsons Development and Investment Corporation (Alsons Dev) as its new director who will oversee the business strategy and operations of the premier property developer and real estate pioneer in Davao City.
Briefly Market Indicators US$1 = P 57.28 FOREX PHISIX AS OF 6:00 PM NOV 11, 2022 (FRI) 6,354.7 7.99 points 0.05 cents X X CLASS/PAGE 7 SOLAR/PAGE 7 P15.00 Volume XIII, No. 67 Wed-Thu| November 16-17, 2022 www.businessweekmindanao.com CREDIBLE RELIABLE IN-DEPTH MINDANAO BusinessWeek YOUR MINDANAO-WIDE BUSINESS PAPER
SM City CDO Uptown represented by regional mall manager Joey Tumulva (left) turns over the keys of a brand new garbage compactor truck to Pueblo de Oro Association of Commercial and Institutional Establishments (PACE) for its use. PACE is represented here by its president Chrysler Acebu (right). PACE is the association of locators inside the 25-hectare Pueblo Business Park which number 51. PHOTO BY MARK FRANCISCO SABAW. Travelers from Cagayan de Oro to Davao City stop for hot beef soup in this diner in Bangcud, Malaybalay City, Bukidnon. Bus drivers frequent the food stop for some freebies offered to them. Photo by WALTER I. BALANE stretch, habal-habal drivers charge P3 per kilo for corn and P150 per sack of peanuts from Sitio Blit to the center of Barangay

Blackout hits Zambo, parts of Northwestern Mindanao

ZAMBOANGA City –Power service was cut off in Zamboanga Peninsula and other parts of Northwestern Mindanao as two lines of the National Grid Corporation of the Philippines’ (NGCP) tripped off Monday. Elizabeth Ladaga, NGCP public affairs officer for Western Mindanao, said the "partial system blackout" affecting Northwestern Mindanao areas occurred when Baloi-Aurora 138-KiloVolt (KV) and Agus 5-Aurora 138-KV lines simultaneously

tripped at 10 a.m. Seven electric cooperatives were affected: Zamboanga del Norte Electric Cooperative; Zamboanga City Electric Cooperative; Zamboanga del Sur Electric Cooperatives 1 and 2; Misamis Occidental Electric Cooperatives 1 and 2; and, Lanao del Norte Electric Cooperative. “Loss of power was experienced in NGCP’s Aurora, Pitogo, Zamboanga, Polanco, and NagaMin sub-stations,” Ladaga said in a text message. The BaloiAurora 138-KV line was

re-energized at 10:27 a.m., she said, restoring transmission services to some affected areas. “Line patrol along Agus 5-Aurora 138-KV line is ongoing,” she added. In the city, power service by Zamcelco resumed shortly before noon. On October 24, power service was disrupted in Zamboanga Peninsula and other parts of Northwestern Mindanao as the Tower No. 8 of the Baloi-Aurora 138-KV line in Barangay Bagumbayan, Kauswagan, Lanao del Norte, was toppled down by an explosion. (PNA)

Municipal

waters as factor for LGU tax share pushed

BUTUAN City – Agusan del Norte 2nd District Rep. Dale Corvera filed Monday House Bill No. 6102 seeking to include municipal waters as an additional factor in determining the share of local government units (LGUs) in the national tax allocation (NTA), formerly Internal Revenue Allotment (IRA). In an interview, Corvera said coastal LGUs are mandated by law to be responsible for the management, conservation,

development, protection, utilization, and disposition of their respective municipal waters. “Despite this, the Local Government Code of 1991, or the Republic Act (RA) No. 7160, does not consider the municipal waters as a determining factor in the allotment of IRA to LGUs that manage municipal waters,” he said. Under RA 7160, particularly in Section 285, the shares of LGUs are determined only through

Republic of the Philippines

their population, land area, and equal sharing. In the proposed measure, Corvera is seeking to amend the particular section of the measure which shall include land area and area of municipal waters as the basis for the NTA allotment for certain LGUs, especially those in the coastal areas.

“The Philippines is an archipelagic country and in fact, more than 50 percent of

REGIONAL TRIAL COURT OF MISAMIS ORIENTAL 10th Judicial Region Branch 41 Cagayan de Oro City Email: rtc1cdo041@judiciary.gov.ph Contact Nos. 09060335013 or 09684394916

IN RE: MATTER OF CANCELLATION

AND DECLARING NULL AND VOID SOME ENTRIES OF THE BIRTH CERTIFICATE OF HARRY LARCEN VALDEO, FLORENCE L. VALDEO, HERMILA V. DELOS ANGELES, DOLORES V, DANDASAN,

Petitioners, -versusHARRY LARSEN VALDEO AND THE LOCAL CIVIL REGISTRAR OF CAGAYAN DE ORO CITY, x--------------------------------------------------/

ORDER

Let this case be heard on February 6, 2023 at 8:30 a.m., at this court sitting at the Goldridge Building, Masterson Avenue-P.N. Roa Avenue, Upper Carmen, Cagayan de Oro City. The Civil Registrar concerned and any person having or claiming any interest under the certificate of birth whose cancellations/corrections are sought may, within fifteen (15) days from notice of the petition, file his or her opposition thereto.

At the expense of the petitioner, let a copy of this Order be published once a week for three consecutive weeks in a newspaper of general circulation in the Province of Misamis Oriental and in the City of Cagayan de Oro.

Further, let a copy of this Order and the petition be posted at the bulletin boards of the entrance door of this court, City Hall, and Barangay 12, all in Cagayan de Oro City. Finally, let a copy of the petition and this Order be furnished to the Office of the Solicitor General and the Offices of the Civil Registrar concerned.

SO ORDERED.

Cagayan de Oro City, October 24, 2022.

WATERS/PAGE 7 CAGAYAN DE ORO MAIN BRANCH B. Aranas St., Poblacion, Mambajao, Corrales Ave., Cagayan de Oro City Atty. Erasmo B. Damasing Bldg., #61 Don A. Lapasan Hi-way, Cagayan de Oro City Vamenta Blvd., Cagayan de Oro City CDO MAIN BRANCH P & 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 LocaL WED-THU| NOVEMBER 16-17, 2022 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 2
R-CDO-22-03536-SP
BWM:
(SGD) JEOFFRE W. ACEBIDO Presiding Judge
Nov 9, 16 & 23, 2022

BSP's accommodative stance helps entice FDIs

AN economist remains optimistic about the recovery of foreign direct investments (FDIs) to the Philippines due in part to the accommodative policy stance of the central bank and the passage of more fiscal reform measures.

The Bangko Sentral ng Pilipinas (BSP) on Thursday reported a 19.2 percent year-on-

year decline of FDIs in August to net inflows of $797 million from $987 million in the same month in 2021.

As of end-August this year, FDIs registered net inflows of $5.9 billion, 13 percent lower compared to the $6.8 billion in the same period last year.

However, Rizal Commercial Banking Corp.

chief economist Michael Ricafort said the latest FDI net inflows are already above the 14-month low of $460 million in July on the continued reopening of the domestic economy.

He said the growth in FDIs is dampened by the elevated inflation rate, weaker peso, increase in interest rate both here and in the United States, and

the economic impact of the Russia-Ukraine conflict. These factors are expected to be countered by the investment commitments estimated at USD18 billion after the visits of President Ferdinand R. Marcos Jr. and his team to Indonesia, Singapore, and the US. Ricafort said a continued increase in the BSP's key

LANDBANK posts higher 9-monet profit as interest earnings rise

LAND BANK of the Philippines (LANDBANK) recorded a 54% growth in its net income in the first nine months of the year on the back of higher interest earnings from loans and investments.

The state-run bank’s net income rose to P25.69 billion at end-September from P16.7 billion in the same period last year, pushing the lender closer to meeting its P25.71billion profit target by yearend.

The nine-month figure translated to a return on equity of 14.89%, while return on assets was at 1.15%.

The growth in LANDBANK’s net income was driven by higher interest earnings, supported by increases from foreign exchange and non-recurring

miscellaneous income, it said.

“The sustained earnings and solid capital base of LANDBANK keeps it in prime position for sustainable growth, which extends to the development sectors that we serve,” LANDBANK President and Chief Executive Officer Cecilia C. Borromeo said in a statement on Monday.

“We will continue to direct our robust loan portfolio to drive support for agriculture alongside other key industries,” Ms. Borromeo added.

LANDBANK’s capital reached P204.4 billion in the nine-month period.

Net interest margin was at 3.1%.

The state-run lender said its sound financial position is broadening its capacity to give financial

Classroom as Second Home

One of our lives' most thrilling adventures has always been the journey to and from school. School days aren't just fondly recalled; they are timeless. One of the many reasons why schools have always been referred to be a second home is because we receive all of our education there. It has always been an emotional rollercoaster to experience happy and sad times, friends and foes. All of the smiles and tears that come with life's events are meaningful. The school is referred to as the students' second home. The school provides students with the fundamental education and life skills they need. They interact with new people, encounter various cultures, and form fresh customs and perspectives. Entering to a new school is extremely difficult especially when they move from a different country, they

are leaving their friends and family and entering a whole new environment.

The children should experience the classroom as a second home. a setting where people are able to express themselves freely and feel comfortable. Bullying and discrimination must not be tolerated by the instructor in order for the children to feel safe in the classroom. Children that attend school spend a significant portion of their day there, particularly during the week. They pick up the most important life lessons here. For kids, school serves as a sort of second home. While parents constantly do their best for their children, they rely on school teachers for their education. The children learn the important life lessons here as well. From the academic to moral values majority of the lessons are learned at school.

support to development sectors.

The bank’s total outstanding loans to the agriculture sector stood at P259.2 billion, while the total number of farmers and fishers assisted reached 3.36 million.

The lender’s assets grew by 8% to P2.8 trillion at end-September from P2.6 trillion in the same period in 2021.

Deposits with the state-run bank totaled P2.4 trillion. Deposits were largely from private individuals, local government units, and national government agencies.

LANDBANK’s net income climbed by 27% to P21.75 billion in 2021

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE

NOTICE is hereby given that the intestate estate of the late SPS. T EODOMERO G. ALOMBRO, SR . and RICARDA LADIO ALOMBRO, died intestate at Cagayan de Oro City on March 8, 1990 and at Dicklum, Manolo Fortich on April 20, 1998, respectively, leaving parcels of land in Manolo Fortich, Bukidnon, more particularly described herein below:

1. OCT P-27572 – A parcel of land, Lot No. 1506, Cad-867, Case-3 identical to Lot 488, Gss-549, situated at Dicklum, Manolo Fortich, Bukidnon, containing an area of 271 square meters, more or less;

2. OCT P-25926 – A parcel of land, Lot No. 1438, Cad-867, Case-3, situated at Dicklum, Manolo Fortich, Bukidnon, containing an area of 567 square meters, more or less;

3. OCT P-27571 – A parcel of land, Lot No. 1438, Cad-867, Case-3, situated at Dicklum, Manolo Fortich, Bukidnon, containing an area of 575 square meters, more or less;

4. OCT P-18520 – A parcel of land, Lot No. 117, Cad-867, situated at Poblacion, Manolo Fortich, Bukidnon, containing an area of 6,407 square meters, more or less;

5. TCT T-23751 – A parcel of land, Lot No. 163, Gss-549, situated at Dicklum, Manolo Fortich, Bukidnon, containing an area of 26,879 square meters, more or less;

6. Tax Declaration Nos. 15-011-26626 and 15-011-26627 – A parcel of land, Lot No. 165 part, Gss-549, situated at Lingion, Manolo Fortich, Bukidnon, containing an area of 20,000 square meters, more or less;

7. OCT No. 77642 – A parcel of land, Lot No. 3168, Gss-07-02-000021, Case No. 8, situated at Cabulijan, Tubigon, Bohol, containing an area of 9,940 square meters, more or less; and

8. OCT No. 47751 – A parcel of land, Lot No. 3175, Gss-07-02-000021, Case No. 8, situated at Cabulijan, Tubigon, Bohol, containing an area of 8,413 square meters, more or less;

Are the subject of Deed of Extra-Judicial Settlement of Estate, under the Notarial Registry of Atty. Asis G. Cubillan, per Doc. No. 462, Page No. 94, Book No. LXIV, Series of 2022.

BWM: NOV 9, 16 & 23, 2022

amid lower loan loss provisions

EXTRAJUDICIAL SETTLEMENT OF PERSONAL PROPERTY OF DECEASED PERSON WITH SALE

KNOW ALL MEN BY THESE PRESENTS:

That the late DANILO P. UNSON who died on July 30, 2012 at Polymedic Plaza Hospital, Kauswagan, Cagayan de Oro City, died intestate leaving a MOTOR VEHICLE with Make : TOYOTA, Series : LITEACE W/REM C, Type of Body : DROP SIDE PICK-UP, Motor No. : 0674014, Chassis No. CM50-0000851, Plate No. LFJ742, Color : WHITE, MV File No. 1112-00000185302, CR#: 1491810-5, OR#: 1304639232, and has been the subject of an EXTRAJUDICIAL SETTLEMENT OF PERSONAL PROPERTY OF DECEASED PERSON WITH SALE, That we, the hereinabove named HEIR-VENDORS , for and in consideration of the sum of TWENTY THOUSAND (20,000.00) PESOS, Phil. Currency, to the HEIR-VENDORS in hand counted and paid by the above named VENDEE , and receipt of which is hereby acknowledge by the HEIR-VENDORS to their entire satisfaction, do hereby sell, cede, transfer and conveyed as by these presents have SOLD, CEDED, TRANSFERRED and CONVEYED unto the said VENDEE his heirs, assigns, executors or administrators, the hereinabove described Motor Vehicle, together with accessories found thereon, and free from lien and/or encumbrances, whatsoever and the same is “AS IS WHEREIS ” , filed by the heirs of DANILO P. UNSON , per DOC#370; PAGE#74; BOOK#8;Series of 2018 under the Notarial Registry of ATTY. ROWELL B. VALLEDOR.

BWM: NOV 16, 23 & 30, 2022

policy rates aimed at addressing the elevated inflation rate is expected to boost investors' sentiment.

He said the FDIs could remain a “bright spot” for the domestic economy on renewed economic activities, given the resumption of face-toface classes, as well as local and foreign tourism.

“For the coming months, FDIs could still continue to go up amid better global economic prospects as

some developed countries that are the major sources of FDIs move towards population protection/ herd immunity, increased borrowings/fundraising activities to finance FDIs as long-term interest rates/ bond yields already started to go up in recent months amid some normalization of monetary policy and while other input costs/ prices remained relatively lower for FDIs,” he added. (PNA)

VACANCY OF JOB

Vacancy is open post of CHINESE INTERPRETER, COMPUTER PROGRAMMER, TECHNICIAN, DRIVER/OPERATOR in ZLX VENTURES CORPORATION located at our office in EMAX building, Unit # 9 Masterson Avenue, Upper Balulang, Cagayan de Oro City, Applicant should apply who have the following qualifications:

• Can speak and understand Chinese Language and can speak and understand English.

• Must be a computer literate and computer programmer.

• Minimum 3 years experienced in operating Backhoe, Cranes etc.

Applicant is not required to bring any certificate since it will under go an actual interview.

Contact Number and Person: Janie L. Nicolas / Treasurer 09659064724

XUCCCO Conducts Financial Literacy Seminar

The XUCCCO (Xavier University Community Credit Cooperative) conducted a Financial Literacy Seminar at Pedro “Oloy” N. Roa, Sr. Elementary School (PONROSES) last Saturday, November 12, 2022, 1:00 o’clock in the afternoon. It was participated by more or less 40 teachers and parents. Ms. Loren Arnaiz was the master of ceremony for the said seminar. It was started with a prayer led by Mr. Cupid Cynderlad Salvacion, followed by the welcome remarks by our dear Principal, Mr. Candolyn Quilit. Mr. Milbert Dialogo, Board of Director of XUCCCO gave a thorough explaination about FinLit. What struck us the most was the Ideal Percentage of our Needs and Wants. The 50, 30, 20 rule (50% on Needs,

30% on Wants, and 20% on Savings) and do the Monthly Budget Plan. But based on local research Mr. Dialogo shared, “Filipinos PRIORITIZE expenses FIRST, savings to what is left. XUCCCO offered a “Cooling-off period-first 15 days” where you can return the money borrowed without interest. He also shared about the Digital Financial Services and gave awareness on scams and email or link phishing. In the middle of his talk, they didn’t fail the excitement of the participants which is the “snacks”.

After his talk, Sir Candolyn Quilit together with Ms. Bernadette Sayasa our Brigada Eskwela chairman signed the receipt of XUCCCO donations which consisted of 2 brother

wifi printers and 2 boxes of A4 bondpapers. After the signing, was raffle time where there were 30 lucky winners. Ms. Marichu Ann Cagaanan, a grade 5 teacher was one of the lucky winners of Php100. They also gave consolation prizes for the participants who did not win in the raffle. So, everyone was very happy. Mr. Erdy Madrid, BOD chair concluded the event. Certificates of participation were distributed and pictorial of all the participants together with the XUCCCO officers and staffs was done on school ground. PONROSES was lucky to have XUCCCO consider us as one of their recipients for the outreach program. Indeed, it was a very happy and lucky day. God bless you always XUCCCO for sharing your blessings to PONROSES.

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& finance

Think a minute… ”Any man can be a success, no matter how poor he started in life.” This was said by Clement Stone, a highly successful businessman who began his career as a 16-year-old who sold insurance from door to door. After only four years he started his own agency, and later owned his own insurance company worth more than $150 million.

Stone says we need to program ourselves to succeed, similar to how a computer is programmed. In fact, the modern computer is only a simple, poor imitation of the far more advanced and powerful computer of our human mind.

Today and tomorrow we will talk about the three essential ingredients you must program into yourself for success. First, and most important, is your own motivation to make the best choices that will move you to the best actions and changes. A rich owner of a woman’s cosmetics company told his secret for success. He said: “I never promised a woman that my products would make her beautiful, but I always gave her the hope of looking better.”

With no hope of improving and changing, you cannot motivate yourself. Hope is your strong belief that you really can reach your goal and expectation. You must believe each day that you are getting closer to your goal, because you know that you are doing what it takes to get there. It’s not just believing it, but starting to do it now—hour by hour, day by day—until it becomes your way of living and working every

day.

Another powerful way to motivate is by example. Clement Stone had a young salesman who did not believe he could sell insurance to the kind of people who lived in his town. So Stone went to work with the young salesman for one day to show him how. Stone asked the young man a few questions about his town’s people. Then Stone prayed and asked God to help him do his very best. Afterwards, Stone confidently went from house to house and sold an insurance policy to every single person he talked to that day! These were the same people the young salesman said would never buy insurance.

Why don’t you start today?

Sincerely ask God to give you His kind of hope that is real, and His power to start changing now. With Him completely in charge of your way of thinking and living, you can become truly successful the way He created you to be. Just think a minute…

PH-China cooperation in the ‘Asian Moment’ opinion

Asian Century and Asia as the center of global growth and epicenter of stability for the world.

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The world’s attention is now focused on Asia as the rare convergence of several crucial regional and international activities pursuing the unity and welfare of mankind are convened in Cambodia, Thailand and Indonesia this November.

Three major regional and international meetings of world leaders is being held in Asia - APEC 2022 with its theme “Balance in All Aspects” hosted by Thailand, ASEAN with the theme “Stronger Together” hosted by Cambodia, and G20 2022 with the theme “Recover Together, Recover Stronger” hosted by Indonesia.

Asia comprises 45 percent of the global economy and is projected to exceed 50 percent of world output by 2050. This ideal can be achieved only if the global environment of peace and stability can be ensured and any breakdown in the dialogue amongst diverging international perspectives and powers are averted.

The population of Asia by 2050 is projected to grow to 5.26-billion and will comprise 54 percent of world population by that time, coupled with its share of the world economy it will indeed constitute the continuing fruition of the

At the heart of Asia’s rise is, of course, China and ASEAN’s peaceful rise in these first two decades of the 21st Century, while the West continues its decline due to an inherently afflicted economic system based on predatory exploitation of neocolonial economies, bust-bust cycles and profiteering from geopolitical conflicts.

China’s rise in bringing along ASEAN and many other parts of the world, including the network of countries traversed by the Belt and Road Initiative (BRI) has convinced the world of the optimum viability of China’s model of development as well as the wisdom of its unique system the global community can learn from.

At the same time China’s clear and unwavering declaration of its mission to conduct “win-win” relations with all major, medium and small nations, its recent announcement of its Global Security and Development Initiatives, and its vision and mission to help create a “Community of Shared Future for Mankind” has convinced the world of is sincere intentions.

This global perception of this sincerity has also been reinforced by the good works of China all over the world over the past seven decades beginning with the 1950s and accelerating in the second decade of the 21st century with the ”Build, Build, Build” of the BRI and the humanitarian diplomacy of China during the Covid 19 crisis

For all the above reasons

China has succeeded in overcoming hostile resistance emanating from former hegemonic world powers of the West to its goodwill and good works. The “Pivot to Asia” of the US followed by the “trade war” and the campaign against Huawei, and now the “microchips war” have not stopped China’s growing acceptance by the world.

ASEAN, for its part, has economically grown by leaps and bounds, from strength to strength the past decade since the decision to press for ASEAN centrality and become the top trading partner of China, with the new economic standing came prestige and geopolitical gravitas increased to the point that ASEAN has become a pivotal balancing weight in international politics.

ASEAN has grown in the atmosphere of stability and peace with China’s cooperation that disallowed the small issues of the tempest in the teapot, i.e. the South China Sea disputes, from becoming an issue of disunity, tension and conflict. After early heated initiatives from some countries. things have settled down to amiable talks and compromise leading to the Code of Conduct.

China and ASEAN showed the world the way of Asians to harmony and peace amidst dialogue and cooperation, and thus this is a glowing example the world is impressed with. At the same time this enhances the credibility of China’s multilateral and multipolar organizing initiatives such as BRICS plus, SCO, RCEP and others.

While Asia is settling down and rolling up its sleeves to work double time on postpandemic recovery, the West

is in turmoil created by USNATO’s provocations and sanctions war against Russia compelling the latter to turn to Asia and become part of the Asian family. Russia, China and the BRICS countries are now preparing a new alternative world currency soon to end the US Petro-dollar domination.

Philippine-China cooperation which began in 1975 with the establishment of Philippine-China diplomatic relations under the later President Ferdinand Edralin Marcos Sr. and became moribund after the 1986 color revolution, found resurgence when President Rodrigo R. Duterte engaged President Xi Jinping in a “Pivot to China” which shall endure under President Ferdinand Romualdez Marcos Jr.

Today, during this “Asian Moment” Philippines-China relations and cooperation is a crucial element as the US is counting on the Philippine to be its launching pad to support the US destabilization of Asia to abort the Asian Moment from continuing to become the Asian Century. The debate over the US troops and facilities still based in the Philippines becomes a pivotal issue.

Although there is no clear position from the new Marcos administration on the final fate of the US troops and facilities, called EDCA (Enhanced Defense Cooperation Agreement) bases, the Filipino mass campaign to oust the bases is raging on. The five-year term of the agreement deemed unconstitutional by legal experts shall be up for termination or renewal in April of 2023.

HINTS AND TRACES

We should try to make these words of the blind man asking Christ for a cure for his blindness (cfr. Lk 18,41) as an aspiration that we can repeat many times during the day. We cannot deny that despite our tremendous powers to see and understand things, there are still many things that escape our notice, let alone, our understanding. And going to God, begging him to let us see things, should only be our recourse.

Though we may enjoy good vision at the moment, we have to realize that to be able to see things properly and completely, we simply do not rely on our eyes or any of our senses.

Our eyes and senses can only capture a little part of the whole reality that governs us. They can only perceive what are called the sensible realities, still light-years away from the intelligible, not to mention the spiritual and supernatural aspects of reality.

Still, what they get and

gather are very useful and in fact are indispensable, since the data they give are like the raw materials that will be processed by our more powerful faculties of intelligence and will. In this sense we can already consider ourselves as suffering from some kind of blindness.

We need to be more aware that nowadays there is a strong tendency to base our knowledge of things mainly on the material and sensible realities alone. That’s why we have these disturbing phenomena of materialism and commercialism comprising our mainstream world of knowledge and understanding.

We have to correct this tendency because that simply is not the whole of reality. Our senses can only have a limited view of things. And what is worse, that limited condition is aggravated by the effects and consequences of our sins that not only limit but also distort reality.

For this to happen, we

have to be determined to pray, even if some people would like to discourage us, thinking that we would be bothering God, just like what some people did to the blind man in the gospel.

With prayer, we connect ourselves with God, and with God we can see and understand things much better. Whatever fears, worries, insecurities we have at the moment would somehow disappear, and we would be willing to face anything in life with confidence.

Let’s always remember that God is our father who always cares for us. And he makes possible what is impossible to us. We should always strengthen this truth of our faith, so that we avoid falling into unnecessary worries in our life’s drama.

With prayer, we can feel confident and invincible against any trial and challenge we can face in life. And instead of being entangled with these worries and fears, we can

ROY CIMAGALA

give more attention to what we ought to do to pursue the main purpose of life, which is that of personal sanctification through our ordinary work and duties, and the accompanying duty to do apostolate.

Let’s reassure everyone that prayer is the key to making our life filled with peace and joy, invested with a sense of purpose and meaning. Our problem nowadays is that many people do not really know how to pray, and prefer to depend solely on their human powers which can only do so much. They cannot go the distance.

Like the blind man, let’s always go to God and repeat our appeal: “Lord, that I may see!”

PHIL-CHINA WATCH
MOMENT/PAGE 7
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CEBU LANDMASTERS, Inc. (CLI), the listed Visayas-Mindanao property developer, recorded a 21.3% rise in third-quarter attributable net income to P649.88 million from P535.96 million a year ago.

“We are on full blast with our construction capacity and with God’s grace we can continue to deliver and continue to operate at full capacity,” CLI Chief Finance Officer Beauregard Grant L. Cheng said during the company’s briefing on Monday.

In the three months that ended September, the company’s top line rose by 39% to P3.51 billion from P2.52 billion last year. Sales of real estate were the largest contributor at P3.45 billion, up by 39% from P2.48 billion a year

DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE OF GONZALA LIM CHAVES WITH ABSOLUTE SALE

That the deceased GONZALO LIM CHAVES who died on February 7, 1998 in Tagoloan, Misamis Oriental, the said deceased died intestate, without a Last Will and Testament and without any outstanding debts in favor of any person or entity, that deceased left the following real property with TCT-No. T-6088 , located in Katipunan, Villanueva, Misamis Oriental, containing an area of ONE THOUSAND TWO HUNDRED EIGHTY-ONE (1,281) SQUARE METERS, and has been the subject of DEED OF EXTRAJUDICIAL SETTLEMENT OF ESTATE OF GONZALA LIM CHAVES WITH ABSOLUTE SALE, That for and in consideration of the sum of FIVE HUNDRED FIFTY THOUSAND PESOS ONLY (Php550,000.00), Philippine Currency, the receipt whereof is hereby acknowledge from the BUYER to the entire satisfaction of the HEIRS-SELLERS, the said HEIRS-SELLERS hereby sell, transfer, and convey, in a manner absolute an irrevocable, in favor of the BUYER and assigns the parcels of land above-described, together with all the improvements existing thereon, filed by the heirs of GONZALO LIM CHAVES, per DOC#108; PAGE#22; BOOK#45; Series of 2022 under the Notarial Registry of ATTY.

LEONITA Q. GO.

BWM: NOV 9, 16 & 23, 2022

ago.

For January to September, CLI’s attributable net income reached P2.2 billion, an 18.7% increase from P1.85 billion last year.

“The company continues to beat expectations and perform very well,” CLI Chief Operating Officer Jose Franco B. Soberano said. “We are really getting close to that P3-billion mark.”

“We never reached P3 billion in our history and we are getting there. As you all know, we are relatively a new player, nationally,” Mr. Soberano added.

CLI’s topline as of September totaled P10.96 billion, up by 43.2% from P7.66 billion in 2021.

“It was driven primarily by sale of real estate units

ERRATUM

but also notably from strong recovery of our other emerging business segments in leasing, hospitality as well as our property management,” Mr. Cheng said.

Year-to-date sales from real estate units amounted to P10.81 billion, or a 43.1% growth versus a year ago.

“We said when 2022 started, we are looking

forward and we are confident that we could deliver 20% growth both on our top-line revenues and our bottom line for 2022,” Mr. Cheng said.

“I am proud to reiterate

and just reinforce that guidance. We are on track to meet that guidance, so far in the third quarter we are already 98% yearon-year,” he added.

BWM: Nov. 16, 2022

AYALA CORP.’s attributable net income decreased by nearly 15% to P7.63 billion in the third quarter from P8.96 billion last year, after booking a net one-off loss during the period.

“Excluding the one-off items, Ayala’s net income increased 44% to P8.6 billion primarily because of strong earnings from Ayala Land, Inc. and Bank of the Philippine Islands (BPI),” the company said in a disclosure on Monday.

In the three months that ended September, Ayala posted a topline of P78.54 billion, up by 29.6% from P60.59 billion a year ago.

For January to September, the company booked P23.9 billion in attributable net income, 23.4% higher than P19.36 billion last year.

“[This is] a result

of higher earnings contributions from Ayala Land, BPI, and Globe Telecom, Inc. because of the acceleration in overall economic activity,” the company said.

Its revenues for the ninemonth period climbed by 18.5% to P216.2 billion from P182.5 billion in the previous year.

“Our strong market positions in four of the five largest industrial sectors in the country have allowed us to capitalize on the reopening of the economy to grow topline and core net income,” Ayala President and Chief Executive Officer Cezar P. Consing said.

“Our largest publicly listed companies reported strong results, and the other companies in our portfolio are gaining traction and

adding heft,” he added.

JANUARY-SEPTEMBER PERFORMANCE

Ayala Land’s net income climbed by 55% to P13.3 billion as of September, while its revenues totaled P86.3 billion, 19% higher than that of last year.

Revenues from property development increased by 7% to P55.2 billion, while reservation sales were 10% higher at P77.3 billion.

Ayala Land launched eight projects in the third quarter, which increased the company’s total project count to 20 and its combined value to P60 billion.

BPI posted a 75% net income growth to P30.5 billion, while its total revenues rose by 22% to P87.5 billion. Net interest income rose by 21% to P61.6 billion, while non-

interest income increased by 26% to P25.8 billion. Total deposits increased by 13% to P2 trillion, while total assets grew by 12% to P2.5 trillion.

Globe saw a 48% profit increase to P26.5 billion, while its gross service revenue was 3% higher to P118 billion. Its digital service platform doubled its revenues to P2.8 billion while mobile data revenues rose by 8% to P6.2 billion.

ACEN Corp.’s income declined by 4% to P4.1 billion, while its consolidated revenues climbed by 34% to P25.2 billion. Its total attributable output added 11% to 3,740 gigawatt-hours, with output from international plants and renewables increasing by 38% and 33%, respectively.

Globe Telecom sees ‘challenging’ 2023

GLOBE TELECOM, Inc. on Monday said it expects 2023 to be a challenging year, citing inflation as among the major pressures to overcome.

inflation quickened to 7.7% last month, from 6.9% in September and 4% in October 2021.

NOTICE OF HEARING

The Applicant

(10)

at least

prior to the date of hearing once in a newspaper of general/ local circulation.

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

WITNESS, AMINODEN D. GURO , Regional Director, LTFRB-Region X, this 14th day of November 2022 at Cagayan de Oro City, Philippines.

This application shall be considered by this Board on November 29, 2022 at 10:00 A.M. at this Board on which date Applicant/ Petitioner shall formally submit his/her/its evidence.

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

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

WITNESS, AMINODEN D. GURO Regional Director, LTFRB-Region X, this 14th day of November 2022 at Cagayan de Oro City, Philippines.

This application shall be considered by this Board on November 29, 2022 at 10:00 A.M. at this Board on which date Applicant/ Petitioner shall formally submit his/her/its evidence.

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

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

WITNESS, AMINODEN D. GURO Regional Director, LTFRB-Region X, this 14th day of November 2022 at Cagayan de Oro City, Philippines.

“It’s not going to be an easy turn from 2022 to 2023. There are some headwinds, and I think those would be quite challenging to overcome,” Globe Chief Finance Officer Rizza ManiegoEala said at a briefing.

“But there are some positive sides that the company can use, both from the topline and expense sides. Those are what we are seeing as we complete our budget for 2023,” she added.

According to the Philippine Statistics Authority (PSA), annual inflation accelerated to its fastest pace in almost 14 years in October, as food prices rose as a result of the recent typhoons. Headline

Globe’s Ms. ManiegoEala said the company is already seeing inflation hit the wallets and spending ability of its lower-end customers.

She said that Globe is interested to see if remittances will drive Christmas spending and “whether there will be additional savings from our customers that would flow into top-ups and connectivity spending.”

Globe’s attributable total comprehensive income for the third quarter reached P5.7 billion, up 16% from P4.9 billion in the same period a year ago.

The company attributed the results to revenue growth in its corporate data and mobile services, as well as non-telco

services.

Third-quarter revenues, both service and nonservice, grew 3% to P42.9 billion from P41.7 billion previously.

For the nine months ended Sept. 30, Globe saw its attributable total comprehensive income increase 37% to P24.9 billion from P18.2 billion previously.

Total revenues for the period went up 3% to P130.2 billion from P126.4 billion in 2021.

The growth was “led by corporate data and mobile services, supplemented by the sustained growth from non-telco services,” Globe said in a statement.

However, revenues from its home broadband business decreased further in the third quarter. Ninemonth revenues reached P20.5 billion, lower than the previous year’s P22.4 billion.

Kagay-an Festival 1st Oro Lechoneros Encuentro Champion for Orders, Contact Yoyong: 09354145759 09169249371 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 WED-THU| NOVEMBER 16-17, 2022 5 corpWorLd Cebu Landmasters registers 21% profit growth to P650M Ayala posts 15% lower income at P7.6B Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No. 10, Apovel, Bulua, Cagayan de Oro City JELMAR J. BERTOLDO CASE NO. Applicant. R10-EV-TH-2022-11-2031 NOTICE OF HEARING APPLICANT request for the extension of validity of the Certificate of Public Convenience to operate TRUCK FOR HIRE (TH) SERVICE on the route: WITHIN CAGAYAN DE ORO CITY TO ANY POINT IN REGION 10 , accessible to motor vehicle traffic and Vice Versa and with the use of One (01) unit/s. This application shall be considered by this Board on November 29, 2022 at 10:00 A.M. at this Board on which date Applicant/ Petitioner shall formally submit his/her/its evidence.
shall publish said notice
Ten
Days
ATTY.
FAHDEL S. PIMPING HEARING OFFICER Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No. 10, Apovel, Bulua, Cagayan de Oro City SPS. RODRIGO AND CASE NO. MAGDALENA DUMALUAN R10-NC-PA-TH-2022-10-2010 Applicant. Trade Name: JFC FARM AND TRUCKING SERVICES NOTICE OF HEARING
request for the issuance of Certificate of Public Convenience to operate TRUCK FOR HIRE (TH) SERVICE on
MOHAMAD
APPLICANT
the route: WITHIN CAGAYAN DE ORO CITY TO ANY POINT IN REGION 10 , accessible to motor vehicle traffic and Vice Versa and with the use of One (01) unit/s.
ATTY. MOHAMAD FAHDEL S. PIMPING HEARING OFFICER
Regional Office
Cagayan
Oro City
T. GAM CASE NO. Applicant R10-EV-TH-2022-10-1877
Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD
No. 10, Apovel, Bulua,
de
OLIVER
APPLICANT request for the extension of validity of the Certificate of Public Convenience to operate TRUCK FOR HIRE (TH) SERVICE on the route: WITHIN CAGAYAN DE ORO CITY TO ANY POINT IN REGION 10 , accessible to motor vehicle traffic and Vice Versa and with the use of One (01) unit/s.
HEARING OFFICER
In connection with the publication of EXTRAJUDICIAL SETTLEMENT OF THE ESTATE OF FELIX UDTHAN ECHAVEZ WITH SPECIAL POWER OF ATTORNEY, Late FELIX UDTHAN ECHAVEZ published on October. 24, 31 & Nov. 7, 2022, the correct name of Attorney should be ATTY. ALFREDO O. CARMELO; not as published. OUR APOLOGY

CREDIBLE RELIABLE IN-DEPTH

Charles Montenegro’s designs shine in 9th Philippine Wedding Industry Ball

AFTER almost three years since the pandemic, the weddings and events industry is back! Over 600 suppliers from all over the country came together for a night of boogie wonderland during the 9th Philippine Wedding Industry Ball held at Marquis Events Place in BGC (Taguig) last November 9 as organized by the Philippine Association of Wedding Planners.

Established in 2004, the prestigious Philippine Association of Wedding Planners is an organization of qualified wedding planners and coordinators pledged to uphold integrity and high standards of business ethics and advance the development of wedding planning business as a respected and honored profession.

And no star shone the brightest that night than Charles Montenegro of Cagayan de Oro City, owner of Charles Atelier Fashion House. Charles Montenegro started as a designer since 2011 at Louise until 2013. From 2014 to 2018, he

was a freelance designer and by 2019, Charles decided to establish his own shop CharlesAtelier Fashion House. Today, CharlesAtelier Fashion House is

making gowns and suites for the whole wedding entourage and other formal occasions such as debuts, proms and other special functions on a made to order basis.

Charles-Atelier Fashion House is located at the ground level of Que Building, Corrales Ave., Cagayan de Oro City. You can reach them through 0915 733 4845.

6 Wed-Thu| November 16-17, 2022
BusinessWeek
FEATURE
MINDANAO
Republic of the Philippines DEPARTMENT OF LABOR AND EMPLOYMENT Regional Office No. X Northern Mindanao Trinidad Building, Corrales-Yacapin Street, Cagayan de Oro City Tel: (088) 858-1658 * E-mail: dole10.imsd@gmail.com NOTICE OF FILING OF APPLICATION FOR ALIEN EMPLOYMENT PERMIT (AEP) Notice is hereby given that the following employers have filed with this Regional Office application/s for AEPs Name and Address of Employer: PAK ASIA TRADING CORPORATION, Zone 2A Igpit, Opol, Misamis Oriental Name and Address of Employer: YUJIN & HEONG, INC., No. 3 Monte Carlo Arcade West Bound Bulua, Cagayan de Oro City Name and Address of Employer: ASISHA INTERNATIONAL CORPORATION, Zone 12 Patag Cagayan de Oro City ANY PERSON IN THE PHILIPPINES WHO IS COMPETENT, ABLE AND WILLING TO PERFORM SERVICES FOR WHICH THE FOREIGN NATIONAL IS DESIRED MAY FILE AN OBJECTION AT THE DOLE REGIONAL OFFICE WITHIN 30 DAYS AFTER THIS PUBLICATION. PLEASE INFORM THE DOLE REGIONAL OFFICE IF YOU HAVE ANY INFORMATION ON CRIMINAL OFFENSE COMMITTED BY THE FOREIGN NATIONALS. Please inform DOLE Regional Office X if you have any information on
committed
foreign
criminal offense
by the
nationals.
BWM: Nov 16, 2022
ALBERT E. GUTIB
Regional Directo

Mindanao.

“It reminds me of how far we’ve come. We started here in CDO and that is why we’re pouring in another huge investment here in the city,” he said.

Italpinas Development Corporation’s first project here was Primavera Residences which was established in 2009 as a mixed use building combining retail, commercial spaces, office and hospitality elements with classic residential condominium units.

Its next project Primavera City is a landmark development comprising of seven separate mixed use living and commercial buildings fusing Italian aesthetics and green features.

Even as construction of the second phase Citta Bella is still ongoing, Italpinas has already created its subsidiary targeting the middle class market, IDC Homes with its first project Verona Green Apartments.

Verona Green

Apartments is located right across SM City CDO Uptown at the roadside going to DepEd office. Phase 1 of the project consists of four buildings and 488 units while Phase 2 is composed of seven buildings with 390 units.

Those are the only details that the company has released for now but expect more announcements to come as earthworks have already been undergoing in the area in anticipation of the construction phase.

Established in 2009, Italpinas Development Corporation’s unique design philosophy is grounded on environmental sustainability through elegant architectural solutions and trademark contemporary Italian aesthetic.

ended, thanks to a project called “tala” (star) that lighted their homes — and their lives — using power harnessed from the sun, or solar power.

The Technical Education and Skills Development Authority (TESDA) spearheaded the project, in partnership with other government agencies.

“Goodbye to dark evenings. It’s a big blessing for us to see clearly during night time,” Lailyn Mae Nobleza, a mother of two grade school students, said in Ilonggo, a language the Manobo Blit are familiar with.

Project Tala

Project Tala or TESDA Alay ay Liwanag at Asenso not only brings light to the lives of the Manobo-Blit, it made the residents feel there is, after all, a government that still looks after the welfare of people in last mile communities.

Considered a geographically isolated and disadvantaged area (GIDA), most households in Sitio Blit are impoverished, with the heads enrolled in the Pantawid Pamilyang Pilipino Program, the national poverty reduction strategy of the Philippine government.

After TESDA implemented Project Tala, residents incessantly thanked the agency because of the huge changes it brought to their lives.

“Our children, now that they have face-to-face classes, can study well deep into the night, well illuminated by light bulbs,” Nobleza said.

Before Project Tala, students in the village could not study at night and residents slept by six or seven o’clock in the evening because it was too dark to see inside the household.

Majority could not afford to buy diesel to fuel the “mitsa” or lamp that could barely illuminate the entire small house with its orange flame.

Kudarat and Alabel in Sarangani.

Residents were trained on the installation and maintenance to ensure that the solar power system, also called photovoltaic system, can withstand the elements.

“We trained them on how to properly take care of the solar power system to ensure that its use can be maximized,” the official said, adding they taught them the proper positioning of the solar panels to get the most heat from the sun, aside from cleaning the panels often.

Abrogar said the solar panel has a lifespan of at least 20 years while the battery, which serves as power bank, is good for five years.

Aside from the solar power kit distributed to the households, TESDA-12 also installed a photovoltaic system that powered a communal water system in Sitio Blit.

Previously, the Manobo Blit would fetch, take a bath or do laundry at a downstream water source, some 300 meters from the tribal hall of Sitio Blit.

With the power from the sun, an electrical machine pumps water to the tribal hall where faucets and toilets have been installed.

Every morning, the tribal hall teems with children taking a bath, mothers doing their laundry or boys fetching water with the water flowing from the faucets, thanks to the solar-powered water pump.

“The solar-powered water pump is also a big help to the community. Our tribal members no longer have to endure getting water downstream, which is dangerous when raining because of the slippery trail,” said Jared Dudim, the 26-year-old sitio leader.

and much of the strategic cooperation projects sealed between the Chinese President and the previous administration shall be revisited, renewed and enhanced in the visit of the new Philippine president. Relations are expected to be reinforced and elevated.

Of particular importance will be the continuation of the projects and investment pledges of President Xi Jinping in the 2017 meetings with President Duterte of which many have already been accomplished in the first half of 2022 including in Package 1, and will now continue through Package 2 of the USD25-billion economic assistance aggregation of projects and investments.

Trade expansion between the Philippines and China is expected as China widens its opening of it market to Philippine goods, services, and ventures, especially after the expected ratification of the Regional Comprehensive Economic Partnership (RCEP) by the Philippines this year. China, as President Marcos will reaffirm, as he said upon his inauguration, China as is the Philippines’ “strongest partner”.

Tubero...

from page 8

Though conservative and reserved, Paula makes a deal with Logan and is given an ultimatum by her man that would make or break their relationship.

Desperate to not lose him and determined to give him what he desires, Paula seeks the help of Gimo (Vince Rillon), a plumber who also offers extra service that brings pleasure to his clients. They sleep together, and Paula experiences a sexual awakening with Gimo. But what was supposed to be a one-time thing that could help Paula’s relationship with Logan becomes a way for her to have a new sexual and compatible relationship with Gimo. Will Paula pursue the original plan to fix her relationship with Logan? Or will she realize that it is better for her to be with Gimo?

Produced by Viva films and directed by topnotch filmmaker - Topel Lee. Tubero stars Angela Morena, who starred in Vivamax Original movies Ex-Deal 2 and 5-in-1 and Vivamax Original series Iskandalo and High (School) on Sex. It's her first time to be paired with hunk actor Vince Rillon, who is known for his brave movies like Pusoy, Kaliwaan and Virgin Forest and L Series. This is New Viva hunk, JC Tan’s first Vivamax movie.

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A driver can transport at least five sacks per trip.

To transport people, drivers charge 200 pesos one way.

Located in the mountain, rainfall often pours, ravaging even more the road that cuts off Sitio Blit from the rest of civilization.

From Barangay Ned, it would take another three to five hours to reach Koronadal City, the provincial capital of South Cotabato, mostly on paved roads. These are through Lake Sebu town proper, Maitum in Sarangani or Senator Ninoy Aquino in Sultan Kudarat. There’s another shortcut in Sto. Nino, South Cotabato, mainly rough roads, that takes about three hours and mostly taken by motorcycle riders.

For decades, the state of the road has left this community of Indigenous Peoples (IPs, also referred t as Lumads) — the Manobo-Blit — basically neglected, deprived of many essential services from government, including electricity that is widely enjoyed by residents in the lowlands.

In 1971, Sitio Blit gained global prominence after Manuel Elizalde, Jr., head of the Office of the Presidential Assistant on National Minorities or Panamin, announced the discovery of an alleged cave-dwelling Stone Age tribe called “Tasaday,” which several experts later dismissed as a hoax. In 1986, Swiss journalist Oswald Iten, accompanied by the late Joey Lozano, a South Cotabato-based journalist, went to the area to investigate and exposed Elizalde’s claim as a hoax.

The Manobo-Blit community, like their ancestors, rely only on the moon and the stars to light their surroundings at night. However, natural light does not appear regularly as fog often drapes the mountain village.

In 2020, the darkness befalling the 220 households in Sitio Blit

In September, diesel cost around P90 per liter in Ned, The other downside of the diesel-fueled torch is the black smoke that it emits poses risks to human health and the environment.

Diesel is sold at the heart of Barangay Ned, and to go there, a habal-habal passenger has to shell out 200 pesos one way, which is way beyond the financial capacity of the farmers and farmworkers, Nobleza said.

Since using diesel-fired lamps entail additional cost for the family, most households relied on the illumination coming from their stove fed with wood, which is not that bright compared to light-emitting diodes or LED light bulbs.

“Indi tana kami kamurot kung sa dapog lang nga siga amon saligan (We could barely see from the light illuminated by the wood-fed stove),” Nobleza lamented.

From “kangitngit” to “kahayag” Rafael Abrogar II, TESDASocsksargen director, said the solar power system they distributed to the households in Barangay Ned costs P7,000 each, consisting of the solar panel, wire, battery and two LED light bulbs.

“One of the main concerns of people in GIDA or isolated areas in the mountains is light during night time. Daghan sa ila nagpuyo sa kangitngit (Most of them have been living in darkness),” he told MindaNews.

These days, residents no longer live in “kangitngit” but in “kahayag” (light).

Out of the 54 sitios in Barangay Ned, 18 have been covered by Project Tala, involving at least 800 households since TESDA rolled out the program in the area in July 2020, Abrogar said.

Aside from Lake Sebu, Project Tala also reached far-flung IP communities in Magpet in North Cotabato, Kalamansig in Sultan

A member of the Citizen Armed Forces Geographical Unit, Dudim said the solar lights also provide a sense of security to residents against intruders during night time.

Sitio Blit was once classified as a red zone due to the presence of the New People’s Army.

The military referred to the area as “NPA-infested” until it was cleared in recent years. But a detachment under the Philippine Army’s 5th Special Forces “Primus Inter Pares” Battalion has been set up in Sitio Blit to prevent the communist insurgency from taking root again in the area.

“We can see who’s coming to our households with the help of the solar-powered lights. We don’t anymore grope in the dark,” Dudim stressed.

According to Abrogar, the solar power systems they distributed in Sitio Blit were part of the government’s effort to fight the communist insurgency.

Philippine-China relations and cooperation will only boost and fortify the “Asian Moment” as China and the region forges ahead in the New Era of the multipolar world, preserving the unity of the Asian region while the world continues its historic shift of half-a-millennium of geoeconomic and geopolitical weight from the West to Asia.

Philippine economic growth is showing green shoots after two-and-a-half years of continuous crisis from the pandemic to the raging war in Europe’s east, with the growth of 7.6 percent in the third quarter of 2022 no doubt largely due to trade with China. After the Xi-Marcos meeting, this will certainly accelerate through to the next years so long as the two nations and the ASEAN maintain the stability of the region.

Such is the primordial significance of PhilippineChina strategic cooperation in this crucial period of the 21st century in the time of the “Asian Moment.” President Rodrigo Duterte said in 2018 he foresees that relations with China will "bloom into something like a big and beautiful flower", now the Philippines can expect a lush garden to too flourish.

Take the risk, make mistakes, and push your limits, all for love. Tubero premieres on Vivamax this October 21, 2022.

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our municipalities and cities are considered coastal,” he said. He described as "unfair" the existing sharing system of NTA as defined in RA 7160 as imbalanced, especially for LGUs that have vast municipal waters. “These LGUs are compelled to use their resources to manage and protect their municipal waters, and yet, these municipal waters are not a factor in the distribution of the national taxes,” he said. He also noted the risks faced by coastal towns and cities due to the calamities such as strong cyclones and storm surges. “Coastal LGUs are obliged to spend on projects and programs to prevent loss of life and property due to these events,” he said. (PNA)

Teaching Classroom Routines

President Ferdinand R. Marcos Jr. is expected to make a state visit to President Xi Jinping in January of 2023

It will be easier for pupils to succeed and reduce disruptions in the classroom if teachers teach them what to do throughout daily activities. There are three key occasions during the school day when establishing clear routines can help maximize the amount of instruction time: at the start of class, in between sessions, and at the end of the day. Students can understand expectations and the flow of the classroom by learning routines as early in the school year as possible. Once routines are mastered, children need to be able to switch between activities throughout the day with little delay. To keep the classroom

in order, every teacher needs to have a set of routines and procedures. Students will enter the classroom quietly and in a peaceful way. They will sit at their assigned desk and have all material ready to begin on required work. Once the bell rings and the door is closed, students will be seated and working.

One of the most crucial accomplishments for a teacher is certainly the ability to "survive" in a classroom. It is important to set a routine that both the instructor and the students can follow and that the teacher is confident will provide the desired results throughout both

academic and extracurricular activities. Half the battle is won by simply doing it. In daily life, in and out of the classroom, and inside and outside of the school, routines are crucial.

The goal of developing and introducing routines in the classroom is to minimize disruptive behavior and maximize the amount of time spent on education. The smoothness of daily transitions from one task to the next will be improved when students know what to expect. You will also need to correct pupils less frequently, which will enhance your relationships with them.

WED-THU| NOVEMBER 16-17, 2022 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 7
Class... from page 1 Moment... from page 4 Solar... from page 1 Waters... from page 2
IRISH Lagunilla is being crowned Miss CU Criminology 2022 during the pageant held last October 29. She is a student of Capitol University which is based here in Cagayan de Oro City. PHOTO SUPPLIED

TUBERO

A Vivamax Original Movie, Tubero is a sexy-romance movie by Topel Lee starring Angela Morena, Vince Rillon, and JC

Tan. A story about love, loyalty, passion, sex, and making a relationship work even on the hardest days. Tubero streams exclusively on Vivamax this October 21, 2022.

It follows the story of a young couple, Paula (Angela Morena) and Logan (JC Tan), whose relationship is on the rocks because Logan is not sexually satisfied with Paula.

TUBERO/PAGE 7

IDC Homes launches Verona Green Apartments

CAGAYAN de Oro’s pioneering condominium developer Italpinas Development Corporation has created a subsidiary IDC Homes to penetrate more the middle class market in Northern Mindanao who have joined the housing boom both as a residence and as an investment.

IDC Homes was launched in a ceremony well attended by hundreds of realty agents and brokers last Sunday at Pearlmont Hotel here in Cagayan de Oro City with guests of honor, Italpinas Development Corporation chairman and chief executive officer Romolo Nati and president Jose Leviste III.

Leviste, who is the scion of a known family in Batangas but has called Cagayan de Oro his home, said creating IDC Homes will be the next step in their contribution to the economy here in Northern

Mindanao.

“It reminds me of how far we’ve come. We started here in CDO and that is why we’re pouring in another huge investment here in the city,” he said.

Italpinas Development Corporation’s first project here was Primavera Residences which was established in 2009 as a mixed use building combining retail, commercial spaces, office and hospitality elements with classic residential condominium units.

Its next project Primavera City is a landmark development comprising of seven separate mixed use living and commercial buildings fusing Italian aesthetics and green features.

Even as construction of the second phase Citta Bella is still ongoing, Italpinas has already created its subsidiary targeting the middle class market, IDC Homes with its first project Verona Green

Apartments.

Verona Green Apartments is located right across SM City CDO Uptown at the roadside going to DepEd office. Phase 1 of the project consists of

four buildings and 488 units while Phase 2 is composed of seven buildings with 390 units.

Those are the only details that the company has released for now but

expect more announcements to come as earthworks have already been undergoing in the area in anticipation of the construction phase.

Established in 2009, Italpinas Development

Corporation’s unique design philosophy is grounded on environmental sustainability through elegant architectural solutions and trademark contemporary Italian aesthetic.

8 Wed-Thu| November 16-17, 2022 BusinessWeek
FEATURE
MINDANAO
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Are you prepared to do the wrong things to make love right? To what extent would you be willing to do and explore in the name of love?
VIVAMAX ORIGINAL MOVIE STARRING: Angela Morena, Vince Rillon, JC Tan DIRECTOR: Topel Lee*
Italpinas subsidiary IDC Homes launched, kicks off with Verona Green Apartments project

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