BusinessWeek Mindanao (February 13-14, 2023)

MINDANAO-WIDE

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P15.00 Volume XIV, No. 105 Mon-Tue | February 13-14, 2023 www.businessweekmindanao.com

Market Indicators FOREX PHISIX AS OF 6:00 PM FEB 11, 2023 (SAT) 6,876.79 35.00 points 0.02 cents X X

Investment hub

THE Philippines is a "great" investment destination, President Ferdinand R. Marcos Jr. told Japan's business community on Friday, as he touted the country's robust economy.

"The Philippines is a great investment area as it leads economic recovery and performance in the Asia-Pacific Region, in fact, not only in the region but also in the whole world," Marcos said during a dinner hosted by Japanese financial institutions as he expressed optimism that his five-day working visit to Japan would attract more investments in key sectors in the Philippines.

"We look forward to future projects in the following sectors from both portfolio and foreign direct investors as we are certain that these will materialize into a fair return to both parties."

No placement fee

SPEAKER Martin Romualdez on Friday urged the Department of Migrant Workers (DMW) to remove the collection of placement fees related to the recruitment and employment of Filipino workers bound for Japan.

Romualdez made the call following the commitment of Japanese companies and employers to hire more Filipinos -- particularly seafarers, professionals and non-skilled workers -- during dialogues with President Ferdinand Marcos Jr., who is currently on a five-day visit in Tokyo.

He said the DMW should push for a no-placement fee for overseas Filipino workers (OFWs) entering Japan’s labor market.

Davao Light’s expansion

DAVAO City – The filing of House Bill 6740 seeking to expand the franchise area of Aboitiz-owned Davao Light and Power Company (DLPC) to eight additional areas is a necessary piece of legislation.

No less than Davao del Norte governor Edwin Jubahib issued the statement, saying this new effort to file the bill in Congress would lead to a more sustainable and productive environment, drive economic growth and development in the province.

He said residents in the province continue to suffer from perennial problems of power supply and exorbitant power rates.

CDO scores all-time high tax take in Jan.

HE economic recovery strategy and leadership of Cagayan de Oro City Mayor Rolando Uy is paying off as business tax collection as of January 31 is highest in at least the last ten years.

Records from the office of the city treasurer showed a high P730,976,245.37 business tax collection as of end of last month. This is 26.33 percent higher than the collection over the same period in 2022.The ten-year average growth in business tax collection for the month of January is 13.02 percent.

Uy attributed this as a show of confidence by the business sector.

COCO CHARCOAL. Vendors repack charcoal made of coconut shells at Bankerohan Market, Davao City. The demand for charcoal as substitute cooking fuel has slightly gone up due to higher

prices

Davao’s high inflation a challenge to region’s economic recovery: biz exec

By ANTONIO L. COLINA IV MindaNews

costlier.

He said the transportation cost is relatively more expensive these days as prices of oil in the world market have gone up due to the conflict between Russia and Ukraine.

Tria said the high inflation rate would affect local businesses, particularly the small enterprises.

“We have a lot of challenges, and one of them is high inflation. If goods are expensive, that means raw materials used in businesses are also expensive. For example, food served at restaurants will be expensive because they buy costly ingredients,” he said.

Last January 8, the Philippine Statistics Authority reported that the inflation rate in Davao Region in November 2022 remained the highest among the country’s 17 regions at 9.7%.

From January to November, the average inflation was reported at 7.3%.

“Siguro nakita sa mga negosyante unsa ka sinsero ang city government sa pagpatumna sa economic recovery. Nagtuo sila nga sa ilang pagbayad sa sakto nga buluhisan, mabalik ra usab kini sa katawhan pinaagi sa

DAVAO City — Former Sarangani Governor Miguel Rene Alcantara Dominguez has joined the 60-year-old Alsons Development and Investment Corporation (Alsons Dev) as its new director who will oversee the business strategy and operations of the premier property developer and real estate pioneer in Davao City. Alsons Dev is the real estate

He said inflation would affect local businesses because costly goods would discourage sales, creating a snowball effect on other industries.

He believed that inflation has a bearing on the capability of local producers to manufacture goods as the materials, some of them imported, have become

An increase was seen in alcoholic beverages and tobacco at 13.1% from 12.2%; clothing and footwear at 5.5% from 4.7%; furnishings, household equipment and routine household maintenance at 7.3% from 6.5%; health at 6.1% from 5.3%; information and communication at 1.2% from 1.1%; recreation, sport and culture at 6% from 5.1%; restaurants and accommodation services at 7.5% from 6.4%; and personal care, and miscellaneous goods

Iponan’s Humbalicious Fest now on its 14th year

By MARK FRANCISCO Reporter

BARANGAY Iponan in Cagayan de Oro City led by chairman Dondon Allorin recently celebrated its Humbalicious Festival 2021

last February 7 to 9. Known then as Humba Festival, it started way back in 2009 to champion humba as one of the barangay’s two specialties (the other is suman).

Every year, a cooking contest is held at Iponan plaza where chefs from the city judge the cook-off between Iponan’s amateur humba cooks from the barangay’s

of liquefied petroleum gas, vendors say. Mindanews Photo

SUNRISE. Malaybalay City residents wake up to a beautiful sunrise on Friday, Feb. 3, 2023, after days of intermittent rains. MindaNews photo by H. MARCOS C. MORDENO

DAVAO City – High inflation rate has remained a major challenge hampering the economic recovery of Davao Region, Davao City Chamber of Commerce and Industries Inc. president John Carlo Tria said.

Cops seize P1.6-M smuggled cigarettes in Lanao, Zambo

ZAMBOANGA City –Authorities have seized more than P1.6 million worth of smuggled cigarettes in separate anti-smuggling drives in Lanao del Sur and Zamboanga Sibugay, a top police official said Friday.

SMUGGLED CIGARETTES. A team of police and Marine troopers seize P1.6 million worth of smuggled cigarettes in Barangay Tambara, Malabang, Lanao del Sur on Thursday (Feb. 9, 2023). No suspects were arrested as they fled upon sensing the arrival of the authorities, according to the police. (Photo courtesy of Area Police Command-Western

Col. Richard Verceles, operations chief of the Area Police Command - Western Mindanao, said no one was arrested during the twin operations on Thursday as the supposed owners abandoned their contraband upon sensing the arrival of authorities.

Verceles said the bulk of the smuggled cigarettes were seized in Barangay Tambara,

Malabang, Lanao del Sur at about 11 a.m.

Authorities seized 116 master cases of assorted smuggled cigarettes worth P1.6 million after receiving information that boxes of cigarettes were being unloaded in Tambara village.

The confiscated cigarettes were taken to the Malabang Municipal Police Station for documentation and will be turned over to the Bureau of Customs (BOC) for disposition, Verceles said.

Meanwhile, policemen also seized about 30 reams of assorted smuggled cigarettes in Barangay Bliss, Buug, Zamboanga Sibugay at about 5 p.m. on the same day.

Verceles said the contraband was confiscated after an owner of a

Extrajudicial Settlement of Estate of Rico M. Jacutin and Alejandra M. Jacutin

Notice is hereby given that the late Rico M. Jacutin and Alejandra M. Jacutin who died in Cagayan de Oro City without issue and intestate on 30 March 2014 and 29 March 2014 respectively. Whereas, both the deceased died without any will or testament and without any outstanding debt in favor of any person or entity. Whereas Rico M. Jacutin succeeding by intestate succession from his parents, Rizalino N. Jacutin and Pastora M. Jacutin, at the time of his death, left aliquot portions emanating from three parcels of land more particularly described as follows:

1. Lot No.19038, situated in Barangay Tablon, Cagayan de Oro City containing an area of 106,036 square meters, more or less, embraced in Original Certificate of Title No. P-758, Free Patent No. 424267 of the Registry of Deeds for Cagayan de Oro City. 2. Lot No. 866, Bsd-7124, situated in Libona, Bukidnon containing an area of 55,710 square meters more or less, embraced in Original Certificate of Title No. P-57, Homestead Patent No. V-3494 of the Registry of Deeds for Bukidnon. 3. Lot 22027 formerly Lot 19150-C, CAD 369-D, situated in Tablon, Cagayan de Oro City containing an area of 349 square meters, more or less, covered by Tax Declaration No. G-032198 issued by the City Assessor's Office of Cagayan de Oro City are the subject of Extrajudicial Settlement of Estate of Rico M. Jacutin and Alejandra M. Jacutin made and executed by: Rica Janette Marie J. Amora, of legal age, Filipino, married and a resident of Purok 6, Tablon, Cagayan de Oro City; Riza M. Jacutin, of legal age, Filipino, single and a resident of Purok 6, Tablon, Cagayan de Oro City; and Andrew M. Jacutin, of legal age, Filipino, married and a resident of Purok 6, Tablon, Cagayan de Oro City, Whereas, all of us are the legitimate and compulsory heirs of Rico M. Jacutin and Alejandra M. Jacutin. As per Doc No. 366; Page No. 74; Book No. 27; Series of 2023 under the Notarial Registry of ATTY. ROBERT W. RAYPON.

BWM Feb 6, 13 & 20, 2023

MisOr's 'BIDA' launching model for LGUs: PNP chief

THE head of the Philippine National Police (PNP) has commended the launch of the anti-drug campaign in Misamis Oriental province as a model to other local government units (LGUs) in the country.

In a statement late Friday, PNP chief PGen. Rodolfo Azurin Jr. said the "Buhay Ay Ingatan, Droga’y Ayawan (BIDA)” and "Serbisyo" Caravan programs demonstrate a strong commitment to reduce the demand for drugs in communities and focus on all aspects of the government’s campaign against illegal drugs.

“The BIDA roll-out and caravan in Misamis Oriental

DEED OF ABSOLUTE SALE

Notice is hereby given that I, FREDDIE H. MAGBANUA, of legal age, widower, Filipino and a resident of Bulua, Cagayan de Oro City, am the absolute owner of two (2) parcels of land pursuant to the Affidavit of Adjudication with Sole Heir entered as Doc. No.231; Page No.47; Book No. LXXVII; Series of 2002 in Not. Reg. of Atty._______, more particularly bounded and described as follows, to wit: PARCEL 1 “A PARCEL OF LAND, (Lot 13, Block 11, of the subdivision plan (LRC) Psd-169564, being a portion of Lot 11, (LRC) Pcs-8974, LRC Cad. Record No. 1612), situated in the District of Bulua, City of Cagayan de Oro, Island of Mindanao. Containing an area of TWO HUNDRED FIFTY (250) SQUARE METERS, more or less and embraced in TCT No. T-64980.”

PARCEL 2 “A PARCEL OF LAND, (Lot 16, Block11 of the subdivision plan (LRC) Psd-169564, being a portion of Lot 11, (LRC) Pcs-8974, LRC Cad Record No. 1612), situated in the District of Bulua, City of Cagayan de Oro, Island of Mindanao. Containing an area of TWO HUNDRED FIFTY (250) SQUARE METERS, more or less and embraced in TCT No. T-46056” are the subject of deed of absolute sale. That for and in consideration of the sum of SIX HUNDRED THOUSAND (600,000.00) PESOS Phil. Currency, to me in hand counted and paid by ABBET R. TOMAWIS, likewise of legal age, married to ASNIA G. TOMAWIS, Filipinos and resident of 6th division, Vicenta Maagad St., Zone 12, Patag, Cagayan de Oro City, receipt of which is hereby acknowledged by me to my entire satisfaction, do hereby sell, cede, transfer and convey as by these presents have SOLD, CEDE, TRANSFERRED and CONVEYED unto said ABBET R. TOMAWIS, his heirs, assigns, executors or administrators, the herein-above described two (2) parcels of land and free from lien and/or encumbrances, whatsoever. That the provision of NCC 1621-1623 had been complied with.

Under the Notarial Registry of ATTY.

BRAULIO LINEJAN RUGAY JR.

BWM Feb 6, 13 & 20, 2023

is a beacon of hope in the fight against illegal drugs. It is a step in the right direction and a model for other LGUs. We must continue to work together and be vigilant in our efforts to eradicate illegal drugs and keep our communities safe," Azurin said.

Together with the Department of the Interior and Local Government (DILG), the PNP and the provincial government of Misamis Oriental launched the BIDA and Caravan under the Revitalized PNP "KApulisan, SIMBAhan, PamaYANAN (Kasimbayanan)" in El Salvador City on Feb. 6.

Part of the launch was the graduation ceremony of the Community-Based Drug Rehabilitation Program/ Recovery and Wellness

EXTRAJUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS NOTICE is hereby given that the late DESIDERIO B. PABILLARAN, died intestate on August 4, 2002, in Biasong, Macasandig, Cagayan de Oro City, leaving a certain parcel of land with Transfer Certificate of Title No. T-159081 and Tax Declaration No. G-313745, covered under Deed of Absolute Sale dated January 29, 1991 recorded in the notarial registry of Atty. Manolo H. Tagarda, Jr. as Doc. No. 237, Page No. 49, Book No. I, Series of 1991. Containing an area of ONE HUNDRED SIXTY NINE (169 sq.ms) more or less. Registered under the name of Hrs. of TERESA PABILLARAN PADINIT, is the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS, entered into by and among the Heirs of DESIDERIO B. PABILLARAN of Biasong, Macasandig, Cagayan de Oro City; namely : JUMBREY G. PABILLARAN, of legal age, single, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; LUDECITA G. PABILLARAN, of legal age, single, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; SONIA G. PABILLARAN, of legal age, single, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; IRENIO G. PABILLARAN, of legal age, single, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; HELEN PABILLARAN REVALDE, of legal age, married, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; EDILON G. PABILLARAN, of legal age, married, Filipino citizen, with residence at Purok 5 D, Aglayan, Malaybalay City Bukidnon; GELLSIE PABILLARAN OBSIOMA, of legal age, married, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; DESIDERIO G. PABILLARAN JR., of legal age, married, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; EMERITA PABILLARAN MEDIO, of legal age, married, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; SOPRONIO G. PABILLARAN, deceased, herein represented by his heirs: KERWIN COSNER P. PABILLARAN, of legal age, single, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; ANGEL MAE P. PABILLARAN, of legal age, single, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City, hereinafter referred to as Heirs, filed by the heirs of DESIDERIO B. PABILLARAN, as per Doc. No.21; Page No.5; Book No. I ;

of 2023 under the Notarial Registry of

Mindanao)

DOF lauds SC decision affirming constitutionality of TRAIN Act

MANILA – The Department of Finance (DOF) has welcomed the decision of the Supreme Court (SC) affirming the constitutionality of the Tax Reform for Acceleration and Inclusion (TRAIN) Act amid petitions claiming the law to be “anti-poor” and unlawful.

The SC dismissed the petitioners’ “anti-poor” argument on the grounds of being largely hypothetical and lacking sufficient proof.

The high court said the imposition of regressive taxes is not prohibited by the Constitution.

“The implementation of the TRAIN Act provided significant relief to taxpayers while generating necessary revenues that fund the country’s infrastructure projects and other priority programs,” DOF Secretary Benjamin Diokno said in a statement Thursday.

The TRAIN Act is the first package of the

previous administration’s Comprehensive Tax Reform Program (CTRP), which aims to make the country’s tax system simpler, fairer and more efficient.

Furthermore, the program aids in revenue generation which is necessary for addressing poverty and improving the economy.

“Game-changing tax reforms such as the TRAIN and CREATE (Corporate Recovery and Tax Incentives

for Enterprises) Act, paved the way for our country’s continued economic growth and fiscal sustainability,” Diokno said.

The DOF is pursuing the passage of the remaining packages of the CTRP that are currently pending in Congress. These are bills that seek to modernize real property valuation and assessment, and simplify the taxation of passive income and financial intermediaries.

(PR)

Banks plan to boost agri lending this year — survey

MAJORITY OF PHILIPPINE

banks are planning to ramp up lending to the agriculture sector in the next 12 months, a joint survey by the Bangko Sentral ng Pilipinas (BSP) and the Department of Agriculture (DA) showed.

The inaugural 2021 Countryside Bank Survey (CBS) released on Thursday

showed at least three-fourths (76%) of bank branches plan to expand lending to the agriculture sector in the next 12 months.

Thrift banks were the largest sector (93%) to confirm their plan to expand agricultural lending, while a little over half (53%) of universal and commercial banks (U/KBs)

LANDBANK lends P1.6B to Pryce

LAND BANK of the Philippines

(LANDBANK) last month inked a P1.6-billion loan agreement with Pryce Corp. (Pryce) to fund the expansion of its real estate development and liquefied petroleum gas (LPG) distribution businesses.

The lender said in a statement on Wednesday that Pryce will allocate P1.5 billion for the construction of LPG terminals and refilling stations of its subsidiary, Pryce Gases, Inc., while P105 million will go to subsidiary Oro Oxygen Corp. to fund the expansion of its LPG products distribution.

responded positively.

“Banks with plans to increase their agriculture loans claimed that they see great potential of the sector for growth and development, and that the sector is a widely untapped market,” the report stated.

“Thus, respondent banks would like to take

the opportunity to cater to the financing needs of the sector and increase their loan portfolio and income.”

The countryside bank survey, which was jointly conducted by the BSP and the DA-Agricultural Credit Policy Council (DA-ACPC), focused specifically on banking units’

The remaining P55 million will finance the development of Pryce’s memorial parks and columbariums in Mindanao, including one in Iligan City that is under construction, LANDBANK said.

The lender said LANDBANK President and Chief Executive Officer Cecilia C. Borromeo, Pryce Chairman Salvador P. Escaño, and Pryce President Efren A. Palma signed the loan on Jan. 27 at LANDBANK Plaza in Malate,

Manila.

“LANDBANK is committed to supporting the continued expansion of Pryce Corporation to help provide a wide array of essential products and services to customers nationwide. We stand ready to serve the growth requirements of the firm and its subsidiaries, as well as other productive businesses towards advancing inclusive economic development,” Ms. Borromeo said.

“The P1.6-billion loan from LANDBANK, combined with Pryce’s existing resources, will help Pryce to further expand its LPG infrastructure and penetrate the market more deeply, thereby enabling Pryce to increase its market share. It will also bring the PryceGas products closer and more accessible to the many household consumers,” Mr. Escaño said.

LANDBANK booked a net income of P30.1 billion in 2022, backed by improved interest income, commissions, and foreign exchange gains.

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Mothers and Sons

Think a minute… Thomas

Edison is one of history’s greatest inventors with more than 1,000 inventions and patents to his name. It is interesting that he gives much of the credit to his mother. Edison wrote:

“I did not have my mother long, but her influence on me lasted all my life. If not for her encouragement and faith in me, I would never have become an inventor. I was a careless boy, and with a mother of less wisdom and sensitivity I would have turned out badly. But her strength, sweetness, and goodness kept me on the right path. My mother was the one who made me the man that I am.”

It is so important that we tell our son how much we love and believe in him, and show him how important he is in our eyes. Ask yourself: “Will my son have many memories and feelings of how much I loved him?” Mom, and Dad, we must let our son know that we discipline him for the things he does and not for the person he is. “Correction does much, but encouragement does much more. Encouragement after correction is like the sun after the rain.”

In fact, the early relationship between a boy and his mother affects his physical

opinion

Ayala Corporation’s Saludo sa Serbisyo

Thousands of Philippine Coast Guard officers and staff now have access to Saludo sa Serbisyo, Ayala Corporation’s comprehensive and sustainable needsbased program for the community’s uniformed service personnel.

Launched in 2018, Saludo sa Serbisyo also covers personnel in the Armed Forces of the Philippines, Philippine National Police and Bureau of Fire Protection.

The program offers the following services: housing assistance, financial education, employment for retired personnel, livelihood training, health and wellness, cooperative development, product discounts, equipment donation, internet connectivity and scholarship for dependents.

BPI Foundation provides the financial wellness sessions which cover the basics of savings and budgeting, credit management, fundamentals of investing, and avoidance of fraud and scams.

Last February 2, Ayala Corporation and the Philippine Coast Guard signed their Memorandum of Understanding continuing the parties’ partnership.

Ayala Chairman Jaime

Augusto Zobel de Ayala (JAZA) affirmed: “Over the years, Saludo sa Serbisyo assisted families in availing of their first home, their first car, and even their first business. As we continue our partnership moving forward, we remain committed to further ramp up our engagement with the Philippine Coast Guard.”

For his part, Philippine Coast Guard Commandant Admiral Artemio Abu, said: “The Philippine Guard has been looking after our countrymen , and it is truly comforting that there are organizations in the private sector willing to look after our Philippine Coast Guard personnel.”

The MOU was signed by Commandant Abu for PCG and by Ayala Public Affairs Group Head Rene Almendras and Chief Legal Officer Solomon Hermosura for Ayala. JAZA, Ayala Security and Crisis Management Head Emmanuel Bautista (a former Armed Forces Chief of Staff) and PCG officers at the PCG headquarters in Manila witnessed the event.

Food for thought

“In an uncertain global economy, what will it take for a company to drive a business that is anchored and be agile for competitiveness? How will

corporate leaders design and execute business models, organization structures and management teams that are able to contribute back to society and enhance profits?”

These are the some of the questions posed during the inaugural Company of Good Singapore Summit 2023 sponsored by Singapore’s National Volunteer and Philanthropy Centre early last month.

Among the speakers were Ayala Corporation’s Jaime Augusto Zobel de Ayala (JAZA), Temasek Holdings Executive Director and CEO Dilham Pillay Sandrasegara, and Singapore Minister for Culture, Community and Youth and Second Minister for Law Edwin Tong.

JAZA’s response:

“The whole idea of corporate purpose is absolutely linked to longevity. My belief was: If as an institution we did not become more relevant to the changing nature of the country, if we do not align ourselves to the developmental needs, if we do not address the pain points, then as an institution we would not build trust in the society we live in.”

He shared how the Ayala group shifted from philanthropy to integrating

God can test our faith

a broader and deeper sense of social responsibility into its business principles and models, as evinced in products and services that are more inclusive, accessible, and meaningful.

JAZA also spoke on the importance of multisector collaboration, addressing the ‘social’ in ESG and the kind of leadership needed to build “companies of good”.

“These two words – relevance and trust – would be the driving forces in my sphere of influence, JAZA said. “If we are to be stewards of our institutions over the long term, we must be looked at as an institution that is trusted. And that means not just by obeying the laws, it must mean that you are also part of the fabric of what makes civil society as a whole work – and a contributor to that, not adjunct to it, just there to make a return on investment that is divorced from a contribution.”

THINK A MINUTE

JHAN TIAFAU HURST

and psychological health for the rest of his life. A study by Harvard University showed that men who when they were babies and young boys did not have close, loving care from their mothers, had more than twice as many serious illnesses as men who did have a secure, loving relationship with their mother when they were small. A baby should be born with a sign around his neck that warns: “Caution! Handle with Care! Love me! Protect me! Your heart is my home!”

The mother is also the gatekeeper between the children and their father. She can either build the fatherson relationship or she can destroy it. Boys are born with a natural desire to be like their dad. But they will not respect and follow him if their mother criticizes him and makes him

WE should not be surprised by this phenomenon. Rather, we should welcome such eventuality, for it can only produce a greater good in us. We are reminded of this fact of life in that gospel episode where a Syrophoenician woman begged Christ to drive the demon away from her daughter. (cfr. Mk 7,24-30)

At first, Christ refused the importuning of the poor woman, giving her a response that was a bit insulting. “Let the children be fed first,” he said. “For it is not right to take the food of the children and throw it to the dogs.”

But the woman persisted, even making a reasoning that left Christ very impressed. “Lord, even the dogs under the table eat the children’s scraps,” she replied. With those words, we can say that Christ could not help but do what the woman asked. And the daughter was healed.

We have to be ready when we receive such tests of our faith from God. Like that woman, we should just persist, for God cannot stay long in being indifferent to our needs. He always listens and comes to our aid.

For this, we need to develop a certain toughness in our faith and piety. We should avoid being oversensitive to what we may perceive as God’s indifference to our needs. We have to follow the toughness not only of that woman but also and most especially of Christ himself, who gave himself entirely by dying on the cross if only to save us. We need to train ourselves in this kind of toughness that would enable us to take on anything in our life. What we have to avoid is the phenomenon now described in the British slang of the word “snowflake.” As described by some people, a snowflake “is a

term used to describe an overly sensitive person who thinks the world revolves around them.”

Such person “gasps in horror when he hears an opinion he does not like, and believes he has a right to be protected from anything unpalatable.” He is “self-obsessed and fragile, easily offended, or unable to deal with opposing opinions.”

When we truly follow Christ, we take the initiative to approach and be friendly with everybody, regardless of who or how they are. We would not be easily scandalized by whatever defects, failures, offenses or sins others may have. In fact, these conditions would draw our attention and affection for them more.

In other words, we do not wait for other people to show some signs that they deserve to be loved or cared for by us. Our constant attitude is to love everyone automatically, showing

keen interest in everyone and eagerness to help in any way.

This does not mean that we do away with the difference between good and evil, truth and falsehood, what is moral and immoral. We should not condone evil, but we have to learn how to deal with evil in all its forms in a charitable way. Evil is defanged by goodness, not by another evil, as in going into hatred, anger, revenge, indifference, etc. Whatever malice there is can always be overcome by the goodness of God’s mercy as shown by Christ who asked for forgiveness even for those who crucified him.

Production volume, value expands in December ‘22

FACTORIES continued to register growth in December 2022, the Philippine Statistics Authority’s (PSA)

Monthly Integrated Survey of Selected Industries (MISSI) reported Thursday.

The Volume of Production Index (VoPI) last December increased by 4.8 percent year on year, growing for six consecutive months.

The growth in December last year was lower than November 2022’s VoPI of 5.9 percent and December 2021’s 19.2 percent.

The PSA attributed the slower growth in VoPI in December 2022 to the decline in the top three industry divisions – the manufacture of transport equipment and basic metals, as well as the easing of growth in the production of computer, electronic, and optical products.

“In addition to these three, slowdowns were also observed in the annual growth rates of the indices of eight industry divisions,” it added.

On the other hand, the Value of Production Index

(VaPI) in the same period also grew 10.1 percent, expanding for 21 straight months.

The VaPI in December 2022 eased from 12.5 percent in the preceding month and the 19.6 percent growth in 2021.

The VaPI of the manufacture of transport equipment, computer, electronic, and optical products, and basic metals also contributed to the slowdown of the value of production last December.

Meanwhile, the average capacity utilization rate of Philippine-based factories in December 2022 stood at 71.6 percent, lower than the 72.6 percent utilization in November 2022.

“There were 19 out of 22 industry divisions with more than 60 percent average capacity utilization rate, led by manufacture of wearing apparel (79.7 percent), manufacture of machinery and equipment except electrical (79 percent), and manufacture of other nonmetallic mineral products (76.3 percent),” the PSA added. (PNA)

AboitizPower signs energy MOU with Japanese firm

PRESIDENT Ferdinand R. Marcos Jr. has witnessed the signing of memorandum of understanding (MOU) on clean technology between Aboitiz Power Corp. and Japan's largest power generation firm, JERA Co., Inc., during his official visit in Japan.

In a disclosure to the Philippine Stock Exchange, AboitizPower said its chairperson Sabin Aboitiz and JERA president Satoshi Onoda signed an MOU to explore 'greener fuel', which involves the use of ammonia and hydrogen in power generation.

Through the MOU, AboitizPower and JERA will undertake feasibility assessment on ammonia co-fired power generation

NOTICE OF FILING OF REGISTRATION STATEMENT FOR THE MEDIUM COST HOUSING AND ECONOMIC HOUSING PROJECT

N O T I C E

Notice is hereby given that Wee Comm Magnum Properties, Inc. represented by Engr. Jerico G. Lorenzo has filed with this Office a sworn registration statement for the sale of house and lot packages in Intalio Estates Subdivision Phase 1 located at Brgy. Canito-an, Cagayan de Oro City and more particularly described as part of Lots 4447-B-7, Psd-10-057622; Lots 35648-A to 35648-D, Psd-10-023988; Lots 35647-A and 35647-B, Csd-104305-007203-D; Lots 4384, Csd-237; Lot 4447-A, Psd-219856; and Lot 4448-A, Csd-10-000640 – Open Market Housing (OM) containing an area of 122,875.75sq.m..

The foregoing project is utilizing the BALAI Program Compliance thru utilization of the area or cost of Manambulan Project in Barrio Manambulan, Davao City in the amount of PHP 29,757,974.85 as its compliance pursuant to Section 18 of Republic Act No. 7279 as amended by RA 10884.

All papers relative thereto shall, upon request and payment of processing fee, be available for inspection during business hours by any person having legal interest thereon.

Absent any legal impediment, the above-cited project is deemed registered and a certificate in evidence thereof, shall forthwith be issued after five (5) days from the last day of publication.

Cagayan de Oro City this 31st day of January 2023.

and the development of the ammonia and hydrogen value chains in the country.

The use of alternative fuels supports the government's initiatives toward reducing carbon footprint to mitigate the impacts of climate change.

"By joining forces in the pursuit of greener fuels, our two companies are not only advancing the cause of sustainability, but also paving the way for a cleaner and more vibrant future. Ammonia offers a compelling solution for decarbonizing the power sector and by looking into it, we are taking a step towards developing the infrastructure needed to support the ammonia and hydrogen value chains,"

Aboitiz said.

AboitizPower said applying the greener fuel technology to the existing coal-fired power plants will result in a reduction of carbon dioxide emission by up to 50 percent.

"Through this collaboration, we will support Aboitiz's power decarbonization efforts while also considering additional opportunities for advancing technology development in the Philippines. This MOU allows JERA to leverage its experience and capabilities to support both AboitizPower and the Philippines to reach their emissions targets," Onoda said.

In 2021, JERA

REPUBLIC OF THE PHILIPPINES

bought 25.01 percent in AboitizPower from Aboitiz Equity Ventures, Inc. at USD1.463 billion, and another 1.99 percent from Aboitiz family's privately held firm Aboitiz & Company.

During his meeting with Japanese firms Thursday, Marcos underscored the importance of AboitizPower-JERA partnership in the development of the country's power sector. "Of course, the investment is important, but the transfer of technology is also extremely important and that will give the Philippines a selfsufficiency, which we have been missing," he said.

(PNA)

Department of Human Settlements and Urban Development

Kagawaran ng Pananahanang Pantao at Pagpapaunlad ng Kalunsuran Regional Office 10

PILIPINO VERSION OF NOTICE OF FILING OF REGISTRATION STATEMENT FOR THE MEDIUM COST HOUSING AND ECONOMIC HOUSING PROJECT

PAUNAWA

Ipinagbibigay-alam na ang Wee Comm Magnum Properties Inc na inipresentahan ni Engr. Jerico G. Lorenzo ay naghain sa tanggapang ito ng sinumpaang aplikasyon sa pagbebenta ng mga lote at bahay sa Intalio Estates Subdivision Phase 1 na matatagpuan sa Brgy. Canito-an, Cagayan de Oro City at sinakop ng – Lots 4447-B7, Psd-10-057622; Lots 35648-A to 35648 D, Psd-10-023988; Lots 35647-A and 35647-B, Csd-10-000640Open Market Housing (OM) na naglalaman ng isang lugar na 122,875.75 sq.m.

Ang nasabing proyekto ay ginagamit ang BALAI Program Compliance sa pamamagitan ng pagamit sa Manambulan Project in Barrio Manambulan, Davao City na may halagang Php 29,757,974.85 bilang pagsunod nito alisunod sa Seksyon 18 ng Republic Act No 7279 na sinususugan ng RA 108841.

Lahat ng mga kasulatang kaugnay nito ay maaring suriin ng sinuman na nagtataglay ng legal na interes ditto matapos humiling ng pagsusuri at magbayad ng kaukulang halaga sa tanggapang ito.

Kapag walang sagabal na legal, ang proyektong nabanggit ay ituturing na rehistrado at maari ng bigyan ng sertipiko bilang katibayan nito, pagkalipas ng limang (5) araw mula sa huling paglalahtaia.

Cagayan de Oro City, ika-31 ng Enero 2023.

Vaccination: A Must for Learners

By Naome L. Guba Teacher III Labuyo Elementary School

Importance of Knowledge and Social Skills in Pre-School

By Jacqueline V. Culaste Teacher III

Dampil Elementary School

DepEd Misamis Oriental

Vaccination is a preventative measure that has been shown to be effective in protecting people from diseases. It also reduces the risk of contracting infectious diseases among learners since it reduces their chances of being exposed to it. It is important for parents to get their children vaccinated as well, as it will protect the children against the virus. There are several different vaccines available to fight against the coronavirus infection. These vaccines are available both for adults and for children to protect them against different types of corona viruses such as 2019-nCoV and SARS-CoV-2.

For learners, vaccination is especially important as they are more likely to be exposed to illnesses. On the onset of in-person class, learners are encouraged to submit themselves for Covid-19 vaccination. Aside from the obvious benefits

in health protection, the vaccination serves as proof of one's immunization status to authorities in case of an outbreak of infectious disease in the classroom. The issue on putting the learners and requiring the learners to submit themselves for vaccination remains an issue that triggers different controversies. Vaccination to learners have many controversies. Parents are confused about whether to vaccinate their children or not.

This is because there are two types of vaccinations: mandatory and non-mandatory. Mandatory vaccines are recommended by the government; however, they are only given to children when they are three years old or older.

Non-mandatory vaccines, on the other hand, are optional. Parents can choose to have their children vaccinated with these vaccines or not. However, some parents choose to keep their children away from these vaccines because

CITY OF CAGAYAN DE ORO City Hall, Ground Floor, New Building Tel. No. 858-6325 CITY SOCIAL WELFARE AND DEVELOPMENT OFFICE FOR PUBLICATION

Gipanawagan si Mary Joy Nagac Molawan, ang inahan sa bata nga lalaki nga 3 days old adtong paghatag sa babayeng naila sa pangalang Mrs. Gina Lao adtong May 22, 2019 sa Polymedic Plaza, Barangay Kauswagan Cagayan de Oro City nga karon nagpanuigon na og 5 anyos.

Sa paghatag niadtong higayona ang bata nagsuot og puti nga sinina ug pajama, dunay puti nga mittens ug puting kalo nga pangbata.

Kung kinsa kadtong nakaila sa gipanawagan nga ginikanan o kaparentihan sa maong bata, palihug pakigkita-e si Venamay Celeste, Social Worker sa buhatan sa City Social Welfare and Development Department, Ground Floor, New Building, City Hall, Cagayan de Oro City o tawag sa telepono 858-63-25. This

upon the request of City Social Welfare and Development Office

Witnessed By: Venamay Celeste Social Worker

BWM: FEB 13, 2023

NOTICE TO THE PUBLIC

We are hereby informing the public, particularly our clients that:

EMCOR COLLECTION RECEIPT FIELD

STUB NO. 19

UNISSUED SERIES: 4941-4950 MISSING SERIES

Is hereby declared null and void, the said receipt was lost. Thus, the use of said Official Receipt is non-official and will not be honored by the management of EMCOR COLLECTION RECEIPT FIELD. The user could be held criminally liable.

The Management EMCOR, INC. ILIGAN BRANCH

of the controversies surrounding them.

Many parents have opposing opinions about vaccines. Some believe that vaccines should be mandatory for all children to protect them from dangerous diseases while other parents believe that they are unsafe and should not be given to anyone. There are also parents who fear that the vaccines could be harmful to their children and would rather leave them unvaccinated instead. but with the onset of in-person classes, pupils vaccinated or not are already allowed to attend schools. Today, it could be glad to note that schools have again opened for learners since educating the children is very important to keep the country from deterioration. This will ensure that learners are motivated to learn the concepts being taught in class and are healthy enough to learn as well.

Parents frequently ask us which type of education is more useful - a quality education or a good education. Although we are aware that social and academic talents vary from child to child, we nevertheless think that early childhood education should emphasize both. The latter is generally best to concentrate on if you have young children. But what if your child finds the first option to be too difficult?

Keep on reading to learn why it's important to emphasize knowledge and social skills in preschool and what you can do to support your child in acquiring these crucial abilities at home.

Knowledge and social skills are the cornerstones of any future academic success in life, as the term implies. What distinguishes us as humans is our capacity for learning through reading, writing, and arithmetic. Understanding other people, their thoughts, and motives, as well as having the ability to communicate

Vacant Position

ALLI AUTO TRADING a Surplus Vehicles and Parts Company need service of “Purchase Manager”

Who can manage all affairs of the company including decision making, Mentoring and leading the staff. The incumbent must be a highly experienced having track record of success and out of the box thinking person

Qualification

- College Level or College graduate of Business Course.

- 3-5 years working experience in an esteemed organization

- Well versed in use of computer and IT tools

Apply with detailed CV and educational testimonials at below address

Zone 8 Bulua diversion Road, Cagayan de Oro City

and work with others, are all examples of knowledge. The capacity to communicate, engage with people, and get along with peers are all referred to as social skills.

There are couple of reasons why knowledge and social skills are important for preschoolers. For starters, children at this age are still refining their cognitive and mathematical abilities. Children are also developing emotional ties with their environment and peers. Therefore, you may avoid your child from being socially awkward later in life by teaching him social skills at a young age. After receiving a good education in their early years, it's crucial for children to learn how to communicate with individuals of various ages and backgrounds. They ought to be able to communicate with their parents using these abilities as well. This can aid in your child's improvement of impulse control, listening, and communication

abilities. Your child is also quite impressionable at that age. You can therefore help him in navigating the social environment by helping him improve his social abilities. In the future, he may feel more assured, have more self-esteem, and be more persistent as a result of this. We believe that both knowledge and social skills are important and can be developed in preschoolers. However, social skills are also better developed at a young age and will keep improving throughout your child's development. You might want to concentrate on the former if you have a young child whose linguistic skills are only starting to emerge. After all, the latter is frequently linked to connecting with others and building lasting relationships. If your child is more advanced, you may help him grow important social skills by showing him how to interact with other kids, use a bike helmet, and ride a bike safely.

Vacant Position

FRINDS TRADING INC. a Surplus Vehicles and Parts Company need service of “Chief Executive Officer”

Who can manage all affairs of the company including decision making, Mentoring and leading the staff. The incumbent must be a highly experienced having track record of success and a good leader person.

Qualification

- College Level or College graduate of Business Course.

- 3-5 years working experience in an esteemed organization

- Well versed in use of computer and IT tools

Apply with detailed CV and educational testimonials at below address

Zone 7 Kauswagan HIway, Cagayan de Oro City

BWM: FEB 1, 6 & 13, 2023

Tax...

from page 1

serbisyo ug sa mga proyekto nga makaayo sa siyudad,” Uy said.

Uy thanked the office of the city treasurer for their efforts in this initial success of his administration’s economic recovery program.

City treasurer Jasmin Maagad credited the substantial growth to improvements in the gross sales of businesses as they recover from the economic slump caused by the Covid-19 pandemic.

In terms of monetary value, the January 31, 2023 business tax collection of P730.9 million was a historical high. The second highest business tax collection for the period was in January 2020 at P724,461,480.80.

It took a sharp dip in 2021 at -0.31 percent as debilitating Covid-19 quarantine restrictions drove the local economy to its knees.

A former congressman of the city’s first district, Uy instituted fiscal incentives to jumpstart the economy when he took the helm of City Hall in June 30, 2022.

Davao...

from page 1

and services at 6.5% from 5.7%.

The slight decline in the regional inflation for food to 11.9% from 12% was attributed to the decrease in the annual growth rate of fish and other seafood at 8.7% from 14%; vegetables, tubers, plantains, cooking bananas and pulses at 13.1% from 16.7%; meat and other parts of slaughtered land animals at 12.3% from 12.5%; milk, other dairy products and eggs at 7.7% from 7.9%; and ready-made food and other food products at 8.1% from 8.4%.

However, increases were reported in rice at 6.2% from 2.8%; corn at 40.5% from 2.8%; flour, bread and other bakery products, pasta products, and other cereals at 10.2% from 8.8%; oils and fats at 30.3% from 28.7%; fruits and nuts at 11.8% from 8.4%; and sugar, confectionery and desserts at 51.8% from 46.8%.

But Tria added that Davao remains an ideal destination for investments, owing greatly to the improved peace and order situation in Mindanao.

“The fact you are in Davao… you can do business not just in Davao but also in other parts of Mindanao and nearby provinces of Indonesia and Malaysia,” he said.

Humba...

from page 1

zones, sitios, schools and nongovernment organizations (NGOs).

The famous humba dish, which is traditionally a sugarbraised pork meat, undergoes many transformations under the hands of the barangay’s aspiring humba masters.

As its tradition, anyone from the whole barangay is invited to join the humba cooking contest. Iponan’s contest has been a yearly battleground which declares the most skillful humba cook as the champion.

Throughout the years of its annual celebration, the Humbalicious Festival has not only brought a good name to the cooking prowess of its locals but also improved the living of so many of its residents.

Cigarettes...

from page 2

neighborhood sundry store reported to them that an unidentified person is selling her cigarettes at cheaper prices.

“She suspected that it was smuggled cigarettes because it was sold at a very low price,” he said.

The confiscated cigarettes were taken to the Buug municipal police station before its turnover to the BOC. (PNA)

Bida...

from page 2

Program (CBDRP/RWP) and the presentation of a plaque of recognition to Camiguin province as a drug-cleared province.

The PNP and DILG also recognized seven LGUs in the Northern Mindanao region

Trends in Computing: Bioinformatics

IT

By Kent Levi A. Bonifacio

Faculty, College of Information Sciences and Computing

Central

Mindanao

BIOINFORMATICS is defined as the application of tools of computation and analysis to the capture and interpretation of biological data. It is an interdisciplinary field which harnesses computer science, mathematics, physics and biology.

An unprecedented wealth of biological data has been generated by the human genome project and sequencing projects in other organisms. The huge demand for analysis and interpretation of these data is being managed by the evolving science of bioinformatics. Bioinformatics is essential for management of data in modern biology and medicine. Analysis of genome sequence data, particularly the analysis of the human genome

as drug-free municipalities.

PLt. Gen Rhodel Sermonia, officer in charge of the PNP Office of the Deputy Chief for Administration, also acknowledged the province of Misamis Occidental for its continued support for the anti-illegal drug programs of the DILG and the PNP.

"The presence of the local officials and other sectoral leaders, advocacy support groups, and faith-based organizations shows the strong spirit of voluntarism in Misamis Occidental," he said.

Interior Secretary Benjamin Abalos Jr. also discussed the effects of illegal drugs and emphasized the importance of fighting against them.

"What I want is for each and every youth here to shepherd your friends and have the confidence to say 'No to Drugs.' As the police and NBI (National Bureau of Investigation) are working on the ground, we are also educating our youth and teaching them to say no," he said. (PNA)

Lending...

from page 3

units’ agricultural lending experience in 2021 versus 2020.

The report showed banks are anticipating an increase in loan demand as the economy recovers from the pandemic.

“Banks also noted that most agribusiness enterprise projects were not affected by the pandemic while affected borrowers may want to borrow and start business again as the pandemic is getting controlled. Hence, banks could take this opportunity to support financing the sector and increase their loan portfolio and income,” it said.

Banks also cited the need to comply with the mandatory credit allocation under the Agri-Agra law.

The Agri-Agra Credit Act of 2009 requires banks to lend 15% of their loan book to the agriculture sector, with a 10% quota set for agrarian reform beneficiaries.

The report also showed banks would want to help finance farmers to expand their businesses, and to stop farmers from availing highinterest rate loans from informal lenders.

According to the CBS report, the share of agriculture to total

AFFIDAVIT OF ADJUDICATION OF SOLE HEIR

University

project, is one of the main achievements of bioinformatics to date.

Prospects in the field of bioinformatics include its future contribution to functional understanding of the human genome leading to enhanced discovery of drug targets and individualized therapy.

Last year, it was announced that the entire human genome had been mapped as a result of the efforts of the worldwide human genome project and a private genomic company. However, in recent years, the scientific world has witnessed the completion of whole genome sequences of many other organism. The analysis of the emerging genomic sequence data and the human genome project is a landmark achievement for bioinformatics.

loans granted in most banking units ranged from 11-15% of total loans in 2021, which is lower than in the prior year.

Also, the number of agricultural borrowers served in 2021 was at least 30% lower than in 2020.

“Around two-thirds (65%) of respondent banks still require and accept conventional forms of loan securities from agricultural borrowers, the most acceptable of which remain to be real estate mortgages,” the report said.

Two-thirds of banks said credit support mechanisms such as credit guarantee/loan insurance and agricultural/crop insurance should be in place to encourage increased lending to the sector.

“As the bank supervisor/ regulator, the BSP may calibrate its support to help revive the market-oriented agricultural credit system by enabling a sustainable environment for various support mechanisms to flourish,” the report said.

To regularly monitor emerging trends in agricultural credit as well as the recent challenges and to help calibrate key policies accordingly, the BSP and DAACPC will conduct the 2022 CBS in the second quarter of this year.

Out of 2,530 sample unit banks, 1,904 or 75% responded to the survey.

The respondent banks were composed of U/KBs (35%), thrift

EXTRA JUDICIAL SETTLEMENT OF ESTATE

Notice is hereby given that the late Menciano Matilde died intestate on April 24, 1965 in Cagayan de Oro City, leaving an estate situated in Matangad, Gitagum. Misamis Oriental, consisting ½ area of real property, which is more particularly described as follows: Tax Declaration No. 0819000703609 is the subject of EXTRA JUDICIAL SETTLEMENT OF ESTATE made and executed by and among the Heirs of Menciano Matilde, namely 1. IGNACIO PABILLORE, of legal age, married to Elena Susan L. Pabillore, Filipino and residing at Aguran Sagay, Camiguin, hereinafter called the HEIR; 2. VICTORIA M. PABILLORE, of legal age, single, Filipino and residing at Cagayan de Oro City, hereinafter called the HEIR; WHEREAS, the decedent left no debts and the parties herein are their sole surviving heirs, they being her children. Hence the parties herein shall have 568 square meters each, and the remaining area of 2,272.5 square meters shall be co-owned by their siblings namely, Mario M. Pabillore, Maria Mila P. Watson, Teresita P. Hubahib heirs of Mariano Pabillore, Jr. As per Doc. No. 218; Page No. 45; Book No. 93, Series of 2023. Under the Notarial Registry of ATTY. QUINTILIANITO S. BABARIN, JR.

BWM Feb 13, 20 & 27, 2023

DEED OF EXTRA JUDICIAL SETTLEMENT OF ESTATE OF THE LATE DELIA LIZADA CANUBAS

Notice is hereby given that the late CECILIA BAHIAN MAGBANUA, died intestate on September 20, 2018 at Capitol University Medical Center, San Pedro, Gusa, Cagayan de Oro City, leaving two (2) parcels of land more particularly described and bounded, to wit: PARCEL 1, A PARCEL OF LAND, situated in the District of Bulua, City of Cagayan de Oro, Island of Mindanao. Containing an area of TWO HUNDRED FIFTY (250) SQUARE METERS, more or less and embraced in TCT No. T-64980. PARCEL 2, A PARCEL OF LAND, situated in the District of Bulua, City of Cagayan de Oro, Island of Mindanao. Containing an area of TWO HUNDRED FIFTY (250) SQUARE METERS, more or less and embraced in TCT No. T-46056 are the subject of AFFIDAVIT OF ADJUDICATION OF SOLE HEIR. That at the time of the death of the above-name decedent, she left no known debt, whatsoever ; and that I am the only surviving heir of the said decedent being her husband, that I, FREDDIE H. MAGBANUA, of legal age, widow, Filipino and a resident of Bulua, Cagayan de Oro City, after having been duly sworn to in accordance with law, do hereby depose and say. Filed by the heirs of CECILIA BAHIAN MAGBANUA, as per Doc. No. 232; Page No. 47; Book No. LXXVII; Series of 2022 under the Notarial Registry of ATTY. BRAULIO

banks (26%), private rural and cooperative banks (27%), and government-owned banks (12%).

Mother...

from page 4

weak or failing father. However, if she shows respect to their dad, his sons will also. So mother, are you using your influence and power to love, teach and help build your son into the man God created him to be? Won’t you ask the Lord to forgive you for your mistakes and failures, and to help you become the mother He created you to be? Just think a minute…

Watsons...

from page 8

which is also housed in the Watsons app, is able to detect a range of facial attributes from a customer’s selfie, including acne, fine lines, pigmentation and overall skin condition. Meanwhile, makeup lovers can use #ColourMe Virtual Makeup try-on, to experience hundreds of lipsticks, mascara, eyeshadow, brow products, and foundation.

Expanding Digital Health Services

To help customers Look Good, Do Good, Feel Great, Watsons has its first stateof-the-art clinic powered by The Medical City that features virtual consultation and remote physical examination. Vaccination services for flu, HPV, and pneumonia will be available at the clinic soon.

Watsons Supplement Finder is also available to support the pharmacy service and help customers get personalized recommendations on the best vitamins and supplements for them.

Teresita Sy-Coson, Co Chairman of SM Investments, congratulates Watsons on the double celebrations, “Our longterm partnership with Watsons has realised our promise of bringing the best-in-class health & beauty products to all Filipinos. It’s our pleasure to celebrate this remarkable milestone with Watsons and we will continue to work closely to raise the standard in health & beauty in the Philippines through Watsons’ seamless O+O platforms.”

1,000 Ways of Doing Good

EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF RIGHTS

Mr. Lai concludes, “Looking ahead, we’re committed to continuing our expansion in the Philippines, as well as the rest of the world. Besides bringing pleasurable O+O shopping experience to our customers, we want to engage our customers to do good to the community and the planet with us through our sustainability programmes.”

To inspire its customers to live a sustainable lifestyle, Watsons offers over 1,500 Sustainable Choices products under Clean beauty, refill packs, better packaging and better ingredients for customers so that they can contribute to create a better world. Watsons has also mobilised its customers to create a bigger impact with community programmes such as sponsorship of free corrective surgeries for cleft children under Give-a-Smile is targeted to empower 3,300 families in the Philippines by 2030, and the Alagang Pangkalusugan community medical outreach programme will likewise be supporting 20,000 people with free medicines in the coming years. The celebration activities will continue throughout the year as Watsons show appreciation to customers, partners and colleagues through the #WeLoveYou1000Ways campaign. There will be member-exclusive benefits and special offers, both offline and online to show the brand’s appreciation to loyal customers of Watsons Club.

EXTRA-JUDICIAL SETTLEMENT/ PARTITION

AMONG HEIRS WITH DEED OF ABSOLUTE SALE (PORTION ONLY)

Notice is hereby given that the decedent DELIA LIZADA CANUBAS who died on January 29, 2023 at Parang, Maguindanao; That the said decedent died intestate, without Will or Testament and without any outstanding debts in favor of any person or entity and his only surviving heirs are the aforementioned his siblings; That at the time of her death, the deceased left a property to wit; A Savings Deposit at the Land Bank of the Philippines, Wao Branch, Wao, Lanao del Sur under Account No.: 2181053863 whatever amount deposited under the name of DELIA LIZADA CANUBAS with the said account. Is the Subject of DEED OF EXTRA JUDICIAL SETTLEMENT OF ESTATE OF THE LATE DELIA LIZADA CANUBAS, made and executed on this 1st day of February, 2023 at Wao, Lanao del Sur by and between: OLIVER GLENN L. CANUBAS, married to Alje Fara M. Canubas, of legal age, Filipino, with residence and postal address at Brgy. Western, Wao, Lanao del Sur; MYDEAN CANUBAS-PAGUL, married to Gamal L. Pagul, of legal age, Filipino, with residence and postal address at Brgy. Western, Wao, Lanao del Sur; VENGIE L. CANUBAS, married to Adha Mae L. Canubas, of legal age,Filipino, with residence and postal address at Brgy. Western, Wao, Lanao del Sur. That we are the surviving sole heirs of the decedent. Under the Notarial Registry of ATTY. REMEDIOS G. GUIAB; As per Doc. No. 386; Page No. 78; Book No. XV; Series of 2023.

BWM Feb 6, 13 & 20, 2023

Notice is hereby given that the late ROGACIANO A. GAMO, who died intestate on July 04, 2017 at NMMC, Cagayan de Oro City, who left a motorvehicle, particularly described to wit: Make: MITSUBISHI Motor No.: 4D56-UCBP8161 Chassis No.: MMBJNK409D055281 Plate No.: NCO 442 Model: 2009 has been the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE WITH WAIVER OF RIGHTS made and entered into by and between the surviving legal Heirs of ROGACIANO A. GAMO with postal address at Blk 9 Lot 4, Xavier Heights Upper Balulang, Cagayan de Oro City; ESTERLITA V. GAMO, widow, ROSEMARIE GAMO BARRERA, married, MARYJOL GAMO GILLETE, married, GAVER V. GAMO, married, DENNIS V. GAMO, single, ROES V. GAMO, single, and CATHERINE GAMO INGUITO, married, all of legal age, Filipino citizens, with residence and postal address at Blk 9 Lot4, Xavier Heights Upper Balulang, Cagayan de Oro City;Herein referred to as HEIRS-WAIVANT; WHEREAS, the parties hereto are the sole and only heirs of the decedent, they being the legitimate surviving spouse and children of said decedent; that by the reason of gratuity and generosity, we hereby WAIVE, QUITCLAIM, RENOUNCE and ABANDON our rights, interests and participation, if any under the law over said MOTOR VEHICLE in favor of ESTERLITA V. GAMO, of legal age, Filipino citizen, with residence and postal address at Blk 9 Lot 4, Xavier Heights Upper Balulang, Cagayan de Oro City, as per Doc. No.272; Page No. 55; Book No. CXXXIII; Series of 2023 under the Notarial Registry of ATTY. RAMIL G. CARREON. BWM Feb 6, 13 & 20, 2023

Notice is hereby given that the late COSAIN MASINGER, who died on _________ at __________, Philippines without any issue; That said deceased COSAIN MASINGER died intestate without leaving any known debts which has remained unpaid or unsettled up to the present and all the obligations incurred during his death were all paid and/or settled; at the time of his death leave the following PARCEL OF LAND registered in his name, which property is more particularly described as follows, to wit: TRANSFER CERTIFICATE OF TITLE NO. 1372012009150 A PARCEL OF LAND, Lot 2107-C of the subdivision plan (LRC) Psd-210154, situated in the District of Camaman-an, City of Cagayan de Oro, Province of Misamis Oriental, Island of Mindanao. Containing an area of SIX HUNDRED FORTY FIVE (645) SQUARE METERS, more or less is the subject of EXTRA-JUDICIAL SETTLEMENT/ PARTITION AMONG HEIRS WITH DEED OF ABSOLUTE SALE (PORTION ONLY). That We: HRS. OF LATE COSAIN MASINGER, namely: MONIRA D. MASINGER (WIDOW) FAISAL D. MASINGER, YAHYA D. MASINGER, ABDULLAHA D. MASINGER and WAIDA D. MASINGER, all of legal ages, Filipinos, all married and all residents of Marawi City, Philippines, hereinafter called as the HEIRS/VENDORS. That for and in consideration of the sum of FIVE HUNDRED THOUSAND PESOS (Ph500,000.00) Philippine Currency to us in hand receipt of which is hereby acknowledged to have been received from ALIAH DIMANGADAP ALI, of legal age, Filipino, married and a resident of Camaman-an Cagayan de Oro, Philippines. CONVEY as they actually SOLD, DISPOSED and CONVEYED the PORTION of the above-mentioned of PARCEL OF LAND with an area of 150 SQUARE METERS, more or less unto and in favor of the VENDEE absolutely and completely, her heirs, assignees and executors in interest, free from liens and encumbrances whatsoever nature, which PORTION of land with an area of 150 SQUARE METERS is more particularly described as follows, to wit: Technical Description Portion of Lot 1207-C, Psd-210154 A PARCEL OF LAND Portion of Lot 2107-C, Psd-210154 Situated in the Barrio of Camaman-an, City of Cagayan de Oro, Island of Mindanao. Containing an area of ONE HUNDRED FIFTY (150) SQUARE METERS, More or less. As per Doc. No. 326; Page No. 66; Book No. 49, Series of 2020. Under the Notarial Registry of ATTY. EDGARDO Y. RAAGAS.

BusinessWeek MINDANAO

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Watsons Philippines Unveils its 1,000th Store in Manila

As Asia’s No.1 health and beauty retailer, Watsons is celebrating an important milestone today as it opens its 1,000th store in Philippines, adding to a total of 8,000 Watsons stores across 15 markets in Asia and Eastern Europe. The new store opening coincides with Watsons’ 20th anniversary in the Philippines, one of its fastest-growing markets.

Spanning almost 1,000 square meters, the new flagship store is located in The Block, SM City North Edsa Block in Manila. As the biggest store in the country, it showcases the most comprehensive array of health and beauty products in an engaging way that will take the shopping experience to the next level.

Dominic Lai, Group Managing Director of A.S. Watson Group, officiates at the store opening event and says, “This new flagship store is important in the nationwide expansion in this beautiful country as it’s a clear

demonstration of Watsons’ determination to strengthen our connection with customers via seamless O+O platforms. O+O platform strategy is at the core of our business to create an integrated experience, to better serve customers anytime, anywhere.”

“Besides celebrating the 1,000th store opening, today marks Watsons’ 20 years of commitment to serving our customers in the Philippines. Over the years, we’ve been working to deliver our purpose to help customers Look Good, Do Good, Feel Great.”

A New Standard for O+O

Retail

To respond to the customers’ needs, Watsons’ new flagship store is not only designed to offer a modern and stylish shopping environment, but also create an immersive and interactive O+O experience for its customers.

Leveraging on an extensive store network in Philippines, Online Express delivery service is available so that customers can have their products delivered to doorsteps in 3 hours or choose to pick up orders at store within 30 mins via Click & Collect Express. This new Watsons store is a model for the future of beauty shopping with special discovery areas. There’s a Skinfie Lab, a skin analysis tool that creates personalized skincare recommendations based on selfies. The tool,