WB okays policy loan for climate resilience
THE World Bank on Wednesday approved a $750 million development policy loan (DPL) to boost environmental protection and climate resilience in the Philippines.
In a statement, the World Bank said the Philippines’ First Sustainable Recovery Development Policy Loan supports ongoing reforms to attract private investment in renewable energy; enhance plastic waste management through reduction, recovery, and recycling; promote green transport, including the use of electric vehicles; and reduce climaterelated fiscal risks from the agriculture sector.
"The Philippines has tremendous potential for renewable energy generation, especially in solar and wind. Government actions to encourage investments in this sector, such as promoting foreign direct investments and streamlining the permitting process, could unlock this potential," said World Bank country director for Brunei, Malaysia, Philippines, and
Thailand Ndiamé Diop.
"Renewable energy can help the Philippines mitigate climate change and bring numerous benefits, including enhanced energy security, the creation of green jobs, and improved access to electricity. It is a crucial step towards a more sustainable and resilient future for the country.”
The Philippine government earlier set an ambitious target of 50 percent of renewable energy (RE) in total power generation by 2040.
It is also pushing for the slowdown of the expansion of coal-fired power generation capacity from 2026 onwards.
The World Bank said achieving these targets, however, would require more investments in solar and wind technologies and a strong policy environment conducive to investment in RE.
It said the financing program also supports the introduction of new insurance products suitable for vulnerable smallholder farmers and strengthens the
coverage and operations of the Philippine Crop Insurance Corp.
The aim is to help mitigate climate-related disaster risks to the country's budget and the farming sector to reduce poverty and provide a climate safety net for food producers.
The World Bank said the Philippines and other countries, such as China, Indonesia, and Vietnam, account for about 55 percent to 60 percent of the plastic waste that enters the ocean.
For the Philippines alone, about 1.7 million tons of post-consumer plastic waste is generated annually while the recycling rate is estimated at only 28 percent for recyclable plastic waste.
The World Bank said the financing supports the implementation of the Extended Producer Responsibility (EPR) Act mandating large enterprises to recover up to 80 percent of plastic packaging waste by 2028.
Under the EPR law, the
Singaporean traders urged to invest in Maharlika Fund
DEPARTMENT of Finance (DOF) Secretary
Benjamin Diokno has urged Singaporean businesses to explore opportunities in the Maharlika Investment Fund (MIF).
He also proposed to create sub-funds such as infrastructure and green funds under the MIF.
financial burden of waste management is shifted to business enterprises, which will reduce the need for public money to pay for the collection, segregation, disposal, and cleanup of packaging product waste created by these enterprises.
"Advancing economic reforms to transform the economy remains imperative, not only to accelerate but also to sustain the economic recovery and boost longterm growth," said World Bank senior economist Ralph van Doorn.
"The Philippines has rebounded strongly from the pandemic but continues to face serious challenges, including high global commodity prices, disruptions in global supply chains due to the Russian invasion of Ukraine, weaker exchange rates, and high inflation. Reforms aimed at attracting private investments in public service sectors can open up new sources of economic growth and quality jobs." (PNA)
At the Philippine Economic Briefing in Singapore on Thursday, Diokno cited the MIF’s role in the country’s economic development over the next years.
He said the MIF is another source of funding for the Marcos administration’s 194 infrastructure flagship projects (IFPs) that will require a total of $165 billion in investments.
“The 194 infrastructure projects, I think we want the Maharlika Fund to finance some of them, not all of them. So, we have identified another source of funding for these very important infrastructure projects that will make a difference in the landscape of the Philippine economy,” the DOF chief said.
He said as the country will graduate into an upper middle-income economy within the next two years, it will no longer be entitled to the same official development assistance (ODA) to fund the IFPs.
“So, that is another source of funding,” Diokno added.
“The Maharlika Investment Fund is designed to advance the Philippines’ long-term development goals through the effective intergenerational management of our government financial assets. This will be an important addition to our existing funding mechanisms, with the aim of promoting socioeconomic development through investments in strategic, high-return, highimpact sectors, including infrastructure,” he said.
The Congress approved the MIF bill last May 31, which created the country’s first sovereign fund.
Diokno said the DOF is looking forward to the enactment of the bill in the coming weeks.
The government will also explore co-financing opportunities with foreign investors, multilateral institutions, and other international sovereign wealth funds.
“There is a wealth of new investment opportunities for the Philippines and Singapore to explore, and we look forward to writing the next chapters of our growth story with you,” the finance chief said. (PNA)
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 FRI-SAT | JUNE 16-17, 2023 3
The BusinessWeek Mindanao is published by BusinessWeek Mindanao Corporation every Monday to Friday with office address at Tanleh Building, Abellanosa, Cagayan de Oro City. It is registered with the Securities and Exchange Commission under Company Registration No. CS201531633 with BIR Certificate of Registration No. 2RC0000831068, TIN No. 463-826-272-000 – VAT. Reg., and with Business Permit No. 2020-04015. Tel. Nos.: (088)856-3344, (088) 810-100, 0923-4320687, 0917-7121424
Website: www.businessweekmindanao.com
E-mail : businessweekmindanao@gmail.com
BUSINESSWEEK MINDANAO CORPORATION Publisher
DANTE M. SUDARIA President/CEO
ALLAN MARIO MEDIANTE Vice President for Corporate Affairs
RUFINO T. MAGBANUA Vice President for Business Development
NECART HALASAN Vice President for Operations
JOE FELICILDA Vice President for Administration
ROSE MARY D. SUDARIA, P h D Vice President for Finance 09061854079, 09267904299
DANNYCAROSE SUDARIA-HALASAN Marketing Manager 09360462356
MIKE BAÑOS Vice President for Digital
NELSON CONSTANTINO
Editor-in-Chief
MIKE BAÑOS
Motoring Editor
CRIS DIAZ
Contributing
Editors
ATTY. ANTONIO S. SORIANO 2f, ICS Building Tel.No.: 881-0176 Tiano cor. Montalvan sts. Legal Counsel
ATTY. MARIO T. JUNI
Cell No: 09352379999
Juni Law Office Cruz Taal St., CDO Legal Counsel
The State of Environmental Crimes
CHRIS PANGANIBAN Regional Editor - Caraga
JOEL ESCOL Feature Editor
Justin Clyde Benedict D. Domingo Layout Artist
IRENE DOMINGO-BANTOL Advertising
MANILA OFFICE: 9th Floor, Unit 918, CityLand Herrera VA Rufino Cor. Valero St., Salcedo Village, Makati City
CECILIA FRESNIDO-HONRADE - New Marketing Manager
DAVAO BUREAU
Door 223, Doña Segunda Bldg., CM Recto Ave., Davao City
Telephone #: (082) 298-8815
NORMA PACHECO, 0919-097-9024
ILIGAN- ALONA SUDARIA, 0916-292-1931
OSCAR LEDESMA Bureau Chief, Bukidnon Contact No.: 0905-692-5925
Member:
Philippine Press Institute Oro Chamber
Climate-Controlled Family
Think a minute . . . What is your dream climate to live in?
A warm one or a cold one? A sunny one or a rainy one? Did you know that you can live in the climate you have always wanted? I’m not talking about the weather climate, but the far more important climate of your home. The daily mood of your marriage and family. Just like a garden lives and grows best in the right kind of climate, so does your family.
Are you a thermometer or a thermostat? Do you let your environment control your home’s emotional temperature, or do you control the emotional temperature of your home? It is we ourselves who actually set and control the emotional climate in our family by the way we choose to talk and treat each other. We choose to be either hot-headed, impatient and angry, or we choose to be cold-hearted, distant and inexpressive to each other. The way we choose to react to our everyday problems, mistakes, and disagreements will determine the daily mood and feeling in our home.
Do you wish your family was more peaceful and happy?
That you and your spouse did not argue as much? That your kids were happier and more
It has been said that in this country, no one is above the law; all must bow down to the majesty of the law because we follow the rule of law and not of men! Tell that to the marines! No such thing as rule of law on environment. A century or so ago, our country had some 17 million hectares of dipterocarp forest very rich in megadiversity, oozing with billions of flora and fauna that were endemic in a tropical country. Such was reinforced by a study of Dr. Larry Heaney, an environmentalist from California, USA who came in the eighties and stayed somewhere in Mt. Kitanglad Range for three months. He was so astonished to see monkey-eating eagles hovering above against the backdrop of flowering plants and radiating trees, i.e., almaciga, red lauan, mahogany, narra, etc., which were the finest in the world. As Dr. Heaney’s study concluded, “ the number of flora and fauna what found in the 5,000-ha. Mr. Kitanglad Range is greater compared to those found in onebillion hectare continent of North America. Visiting Mt. Kitanglad and Mt. Kalatungan Range in Talakag, Bukidnon, it was so frustrating to see some 200,000 hectares denuded areas after six logging companies, i.e, TIPI, Roa & Sons, Valderama, Dacudao, Remedios Fortich, Vicmar, Desty Eleazar, etc. massively logged our forest ecosystem without let-up in total violation of existing laws. Don’t you know that our forest ecosystem is well protected by existing laws that are prohibiting the cutting of trees in forest areas that have an altitude of more than 1,000 meters above sea level or in topography with slope having 50% gradient. These notwithstanding, laws were enacted then prohibiting logging of the finest of trees
that were found only in the Philippines. There was no stopping the powerful loggers then who had formed a strong cabal of vested interest. These loggers who would earn as much as 400 million pesos in one shipment of logs alone, were even elected to high positions as mayors, governors, congressmen and even as senators. Of course, such gargantuan raking had also been shared to offices of government mandated to enforce environmental laws, to law enforcers and even to judges. In the nineties, during the height of our human barricades against logging to stop some 50 10-wheeler logging trucks passing the thoroughfares of Cagayan de Oro from 12midnight to 4am when Cagay-anons were fast asleep, one personnel manning the check-points confessed to us after being asked why these checkpoints were allowing the passage of these logging trucks carrying illegally cut logs, “each truck is paying the checkpoint 5,000 pesos.” If 50 trucks were paying 5,000 pesos per check-point, about 250 thousand pesos were being pocketed by these personnel. How about that agency mandated to enforce environmental laws? After we arrested three logging trucks owned by the late 2nd Lt. Desty Eleazar, he bragged to me that no way can I stop him and shouting “90% of the personnel working in that office are under my payroll.”
That was how we lost our natural wealth above the ground, the forest ecosystem, the richest on earth – all in violations of existing laws. But our natural wealth is even richer under the ground, oozing with ores and mineral only found in our country. Cagayan de Oro, for example, is called “de Oro” because of its tremendous ore and mineral deposits. As the Presiding Officer of Task Force Kinaiyahan formed in consonance with the Writ of Kalisasan issued by the Court of Appeals in 2013 to stop illegal logging and illegal mining in Cagayan de Oro, Misamis Oriental, Bukidnon and Lanao Provinces, we were so aghast to see in the mining camps of these illegal miners during our law enforcement operation, bombs, AK-47 and Armalites. Three Chinese holders only of tourist visa were arrested. Where are they now? Well, we were shocked to know that they were just detained for one week. They were released and allowed to go back to China accompanied by a high ranking official. Well, again, where is the rule of law?
Australia and South Korea. What remains of our marine and fishery resources are being taken advantaged by powerful China as the West Philippine Sea is now the subject of exploitation by Chinese being back-up by the Chinese Navy. Such illegal Chinese intrusion is a glaring violation of our sovereignty as ruled by the United Nations’ Arbitral Ruling.
THINK A MINUTE
JHAN TIAFAU HURST
confident? Remember, no one is forcing you to live in that kind of unhappy atmosphere. It is your choice. You must decide to be the first one to change and control your own heart, moods, anger, impatience, conflict, worry, fear, etc. We need to remember that “A man is only as big as the things that make him angry.” There are only a few things in life truly worth getting upset about. Most of the little things we get angry about are not nearly as important as our family’s feelings that we hurt. So take a lesson from rocket science and “Count down before you blast off.”
Studies show that most of the tension in a family comes from using the wrong tone of voice. “More than what you say
Why? Because, first of all, Christ told us so. “You are the salt of the earth…You are the light of the world,” he clearly told his disciples and eventually all of us. (cfr. Mt 5,13-14) But more than just being told by Christ, the basis of such divine command is because as persons we are meant to care for one another, to love one another. We would be contradicting our personhood if we fail to care and love one another.
And the basic expression of such personal care and love for others is precisely to be such salt and light as Christ wants us to be so that we can lead everyone to our ultimate good and goal, which is to be with God, to be like God who wants us to be like him.
Let’s remember that as persons we are meant to enter into a necessary relation with God and with others. That is why we have been endowed with intelligence and will so that we can know and love God and everybody else.
Well, I was not surprised then. Everytime we arrest logging trucks carrying illegally cut logs, those trucks that we have apprehended were readily released the following day. Thus, from then on, logging trucks that we apprehended were turned-over to friends in the Air Force, particularly to Abel Idusma, a good friend working with the Air Force then.
Besides, we have been given the grace from God so that our knowing and loving does not get stuck in the natural level only, but can enter and get elevated to the supernatural order where the true essence of love, which is God himself as personified by Christ, “the way, the truth and the life” for us, is.
We need to be most aware of this duty and must do everything we can to carry out this responsibility effectively. Otherwise, we would get trapped in our own selves, in our own bubble that can trick us with deceptive charms and allurements.
Especially nowadays when the world is full of things that can imprison us in our own world. It’s ironic to observe that in spite of our very powerful tools and technologies of communication, the cases of conflicts and division among ourselves seem to be increasing instead of decreasing.
To be true salt and light of the world as Christ wants us
But the natural wealth of our country does not only stop at the shorelines. The Philippine archipelago has been described Dr. Kent Carpenter, the President of the United Nations-Food and Agricultural Organization as the “Center of the center of marine life on earth.” But not anymore. Glaring is the state of environmental crimes committed against the Filipino people. During the Martial Law period, Japanese trawling vessels had been raking our seas called “muro-ami.” As the Philippine archipelago is so vast to protect by our Naval Force, it has become a “dumping ground” of toxic and highly radiated garbage from Canada, Japan,
What is so painful in the truism that the poorest of the poor now are our coastal communities due to the demise of our fishery and marine life. Don’t you know that 10 pf the 13 major bays in the Philippines are now biologically dead; of the 25 major rivers, 15 are already dried-up due to deforestation that killed our watersheds. Again, we have lost our fishery and marine resources because of the crimes committed against our coastal communities. We have lost the grandeur of the bays because all the environmental laws that were enacted to protect our fishery and marine resources were violated. Don’t you know that all industries along the bays are just treating the bays as their “waste pits?” Many of these industries operating without antipollution device, that’s the reason why every one and then our seas are turning yellow or red. During my stint as head of an environmental NGO, we have put-up coastal guardhouses to protect the
Advertising Specialist CHYLE G. MANALES HINTS
to be, we need to learn how to inspire others. We know that we are all interrelated, obviously not biologically that only has a limited scope, but definitely to a large extent, politically, economically, socially, etc. The fact that we all live in the same one world somehow makes us all interrelated.
But there’s actually a more radical basis of our interrelation. And that is that we are all creatures of God, children of his, meant to be the people and the family of God. It is a relationship that is spiritual more than material, forged by a supernatural principle and not just by something natural.
This basic truth about ourselves gives rise to the duty that we have to help one another spiritually more than anything else. It is in our spiritual bond that actually gives rise to all our other relations with everybody else according to the different aspects of our nature.
This is what is meant by
our duty to inspire others. Etymologically, the word ‘inspire’ means to breathe into. And it definitely is not only air that we should breathe into others. We have to breathe a spirit that in the end is nothing other than the spirit of God, who is the original inspirator. That is the spirit that is proper to us since we are God’s image and likeness, meant to be existentially be united with God not only in heaven but even while here on earth! To inspire others properly, we need to be the salt and light of the world!
STATE/PAGE 7 FAMILY/PAGE 7 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 FRI-SAT | JUNE 16-17, 2023 4 No Rule of Law on Environment
opinion
DREAM
ORLAN R. RAVANERA KIM’S
ROY CIMAGALA
AND TRACES
Why we are the salt and light of the earth
Globe cautions public against rising OTT scam messages
GLOBE TELECOM, INC. warned the public against the rising number of spam and scam messages using over-the-top (OTT) media services that are outside the scope of telecommunications companies’ filters.
“While spam and scam messages have seen a decline since the SIM (subscriber identity module) Registration Act was enforced, fraudsters continue to find new ways to target phishing victims, taking advantage of popular OTT platforms such as chat apps to evade telco filters,” said Globe in a press release.
“These fraudsters use both overseas and local numbers and mostly appear as business accounts with attractive profile photos to dupe people,” it added.
Cybercriminals now use the target’s full name and pretend to be messaging a missed connection or making various offers, the company said.
Anton Bonifacio, chief information security officer at Globe, said scammers are now capitalizing on the shift to a more digital lifestyle of consumers.
“Embracing the digital world comes with its own set of risks, so we must remain vigilant in safeguarding
our online presence. As technology advances, so do the tactics of fraudsters and scammers. The best way to combat this is to never engage with these messages and to block such senders immediately,” Mr. Bonifacio said.
He added that because OTT messages are beyond the telcos’ scope, awareness remains to be the first line of defense of customers.
“By staying informed and adopting personal security measures, we can navigate the digital landscape with confidence and protect ourselves from evolving cyber threats,” he said.
Ivan John E. Uy, secretary of the Department of Information and Communications Technology (DICT), said OTT platforms have pros and cons such as being free and encrypted.
“The intent of their product is to assure secure communications. But of course, those secure communications are good, if they are used for good. But the criminal organizations are also utilizing those same communications, even the terrorist organizations are using these secure communications,” he said in a chance interview on
Friday.
“So, the challenge really is for the government to work together. And we cannot do it with a single country. In fact, during my meeting with the ASEAN ICT ministers a few days ago, we tackled this very particular problem of OTT providers of communications and how these are being used for scams,” he added.
Mr. Uy said that what the ASEAN Information and Communications Technology (ICT) ministers observed is that when a country talks to an OTT platform individually, the problem raised is not being acted upon.
“So, with the ASEAN and European Union ICT ministers, we are working on a joint effort in coming out with a regional position where we are going to address this and talk to these OTT providers,” he said.
“We will have to nip this in the bud once and for all, and there are also other options being studied not just by our country but by all the different countries already,” he added.
One of the bargaining chips being considered by Mr. Uy and ASEAN’s ICT ministers is to ban an OTT platform in their areas if there
GLOBE/PAGE 7
development, promoting environmental goals, and increasing prosperity,” DOE Secretary Raphael Lotilla said in a statement. Among DEs’ investments using energy-efficient technologies and practices include new installation, upgrading, or retrofitting specific equipment or devices such as lighting retrofit; automated lighting control system or smart control system; heating, ventilation and air-conditioning (HVAC) upgrades; boiler replacement; and other similar devices or equipment.
The bureau also observed increased investments in solar photovoltaic system, variable frequency drives (VFDs), cogeneration system, district cooling system, pumping system, HVAC system, compressed air system, smart manufacturing system, and building energy management system.
Integrating energy management system policy into their business operations is required to acquire or maintain ISO 50001 or similar frameworks.
Institutions are awarded this international standard
PH manufacturing growth accelerates in 1Q this year
FACTORY output both in volume and value grew at a faster pace in April, the Philippine Statistics Authority (PSA) has said.
Results of the Monthly Integrated Survey of Selected Industries (MISSI) released Thursday showed that the Value of Production Index (VaPi) went up by 10.7 percent in April from 6.0 percent in March.
It was also higher than the 5.0 percent in April last year.
"The faster annual growth of the VaPI in April 2023 was mainly contributed by the higher annual upturn in the manufacture of food products industry division at 19.7 percent in April 2023 from 10.0 percent in the previous month," the PSA said.
Other contributors to the higher VaPI growth during the month were the faster annual increases in the manufacture of transport equipment at 35.8 percent from 23.1 percent in the previous month, and manufacture of other nonmetallic mineral products which went up by 19.1 percent from 7.7 percent in 2022.
The Volume of Production Index (VoPi), on the other hand, also went up by 8.2 percent,
faster than the 3.4 percent expansion in March.
It was also a turnaround from the -1.3 percent seen in April last year.
The PSA said the faster annual growth of VoPI in April 2023 was mainly brought about by the higher annual rates of manufacture of food products which grew by 14.7 percent from 4.3 percent in March.
The expansion in the manufacture of transport equipment and manufacture of other non-metallic mineral products also contributed to the faster VoPi growth during the month.
The PSA said the average capacity utilization for manufacturing section in April 2023 was reported at 72.4 percent from 73.2 percent in the previous month.
"All industry divisions reported capacity utilization rates of more than 50 percent during the month. The top three industry divisions in terms of reported capacity utilization rate were manufacture of machinery and equipment except electrical (82.7 percent), manufacture of transport equipment (82.5 percent), and manufacture of rubber and plastic products (76.6 percent)," it said. (PNA)
due to their effective energy management system.
The ISO 50001 is geared towards enjoining private entities to disclose and reduce their emissions and to commit to developing policies that will make their operations energy efficient.
“Industry has a crucial role to play in our quest towards achieving a low carbon-intensive economy and more importantly, integrating this in their business models,” Lotilla added. (PNA)
AFFIDAVIT OF SELFADJUDICATION WITH DEED OF ABSOLUTE SALE I, MODESTO JAY JUNSAY YESO, married to Raysa Lyn Jalandoni Yeso, both of legal age, both Filipino and residents of Pigcawayan, Cotabato, (North Cotabato), Philippines, after having been duly sworn in accordance with law do hereby depose and say: That I am the only child and hence, sole heir of the late MELCHORITA JUNSAY YESO who died on September 08, 2007 at Poblacion 3, Pigcawayan, Cotabato; At the time of her death, my mother, MELCHORITA JUNSAY YESO, left a property consisting of a parcel of land more particularly described as follows: Transfer Certificate of Title No. T-109049 A parcel of land Lot 3229-H-6-B, Psd12-042481 being a portion of Lot 3229-H-6, Psd-12-008152 situated in the Barrio of Poblacion, Municipality of Pigcawayan, Province of Cotabato, Island of Mindanao. Containing an area of TWO HUNDRED NINETY TWO (292) SQUARE METERS, more or less. Registered in the name of Melchorita Junsay Yeso, of legal age, Filipino, widow and a resident of Poblacion 3, Pigcawayan, Cotabato. Covered Transfer Certificate of Title No. T-109049, issued by the Registry of Deeds, Province of Cotabato is the subject of AFFIDAVIT OF SELF-ADJUDICATION WITH DEED OF ABSOLUTE SALE. That the decedent left no debts, nor any Last Will or Testament; That for and in consideration of FIFTEEN THOUSAND PESOS (P15,000.00) Philippine currency in hand paid by JUANITO BALANAQUE PETINGCO, of legal age, widower, Filipino and a resident of Juanitez St. Prk. Mahogany, Poblacion III, Pigcawayan, Cotabato, (North Cotabato), Philippines, receipt of which is hereby acknowledged by this presents does absolutely and unconditionally SELL, TRANSFER AND CONVEY, unto the said JUANITO BALANAQUE PETINGCO, his successors and assigns, absolutely and forever the abovedescribed parcel of land, free from all liens and encumbrances. That I hereby hold and save the said JUANITO BALANAQUE PETINGCO, free from harmless from all any and all claims and demand that might be made on the said JUANITO BALANAQUE PETINGCO, by third party for any reason connected with this sale whatsoever. Under the Notary Public of ATTY. RENIE JAY ABAD SORIANO as per Doc No. 392; Page No. 79; Book No. XLVI; Series of 2023.
BWM June 9, 16 & 23 , 2023
Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 FRI-SAT | JUNE 16-17, 2023 5 corpWorLd
• Proximate to downtown Davao City and the Francisco Bangoy International Airport, the P33-billion Davao Global Township (DGT) opened to the public on May 25.
• DGT comes to life with future-proof design and engineering principles, including sustainability and green features, designed to provide Davao with an elevated new-normal-ready retail, cultural and residential experiences.
• DGT serves as Cebu Landmasters’ first township through YHEST Realty Development Corporation. The township broke ground in November 2018.
Developed to become a source of pride for Davaoeños, the P33-billion development Davao Global Township (DGT) officially opened its road to the public on May 25. Marking the momentous occasion was a festive celebration and the kickoff to a community-building weekend market.
DGT serves as the first township of the leading developer in VisMin Cebu Landmasters Inc. (CLI) through YHEST Realty Development Corporation, a joint venture between CLI and the Yuson, Huang and Tan families belonging to the Villa-Abrille Clan of Davao. The township broke ground in November 2018.
“We are thrilled with the anticipated opening of DGT, which we envision as Davao’s central business district and lifestyle hub that will greatly contribute to the city’s economy,” CLI chairman and CEO Jose Soberano III said. “Given DGT’s prime location and future-proof design and engineering principles, which include sustainability and green features, we believe it will live up to its name as a world-class township.”
Envisioned to become a
global business district
A 30-minute-drive away from the Francisco Bangoy International Airport, DGT creates a thriving global business district at the heart of Davao City. The idea is for the world-class township to serve as an address to be proud of, while generating business opportunities for Davao City and neighboring communities.
Under phase 1 of DGT is the township’s first residential project, The East Village at DGT, set for completion in Q3 2026. Inspired by the rich culture and life in the progressive Davao City, the development presents over 2,000 residential units spread across the six-tower vertical village. Unit categories include modular studio, onebedroom and 2-bedroom cuts, with value ranging from P143,000 to P149,000 per square meter.
When introduced, all three towers of The East Village were sold out in 4 days prompting the opening of the fourth tower, which is also now sold out. The last two towers with a total of 717 units will be unveiled soon.
Scheduled for launching this year is the 11,472 sqm The
West Village, the next vertical residential community of the township.
Also part of DGT’s Phase
1 is the landmark commercial area and lifestyle mall, DGT City Center, along with cultural and civic events venue, DGT Cultural Center, which are both targeted to open next year.
DGT has a total of 223,768 square meters of commercial lot for sale, with lot sizes ranging from 1,054 square meters to 3,446 square meters.
DGT is CLI’s first operational township, and two more estates are being developed by the listed
company: the 14.3-ha Manresa Town in Cagayan de Oro and the 100-ha MingMori Techno Business Hub in Minglanilla, Cebu. These large-scale projects will enable the company to hold a long gestating landbank that will usually double in value after launching.
Big on sustainability
Even before the official opening of its roads,
Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City
SAMAPRE TRUCKING SERVICES CASE NO. INC. Represented by FELY E. R10-NC-PA-THBACULIO, 2023-04-957 Applicant NOTICE OF HEARING
APPLICANT requests for the Issuance of New Certificate of Public Convenience to operate TRUCK FOR HIRE (TH) SERVICE on the route: CAGAYAN DE ORO CITY TO ANY POINT IN MINDANAO, ACCESSIBLE TO MOTOR VEHICLE TRAFFIC and Vice Versa and with the use of ONE (01) unit/s.
DGT has already won several top recognitions, including the 2021 Best Township Development in the Philippines by PropertyGuru Philippines Property Awards and Best Township Development in Asia by PropertyGuru Asian Property Awards. These accolades recognize DGT’s design and engineering principles that adhere to the highest global standards. For one, DGT supports
sustainability and the green movement. The township values the presence of its resident native trees, observes mandatory waste segregation, and implements recycling programs, among other efforts.
DGT proves to be a smart community as well with modern initiatives that support today’s lifestyle. There are provisions of wide bike lines to go with
All three towers of DGT’s first residential development The East Village at DGT were sold out in 4 days, prompting the opening of the 4th tower, which is also already sold out. The last 2 towers will be open for sale within the year. The 6-tower vertical village was Awarded as the Best Condo Development in Mindanao by the 2022 PropertyGuru Philippines Property Award (PPA). Scheduled for launching this year is the 11,472 sqm The West Village, the next vertical residential community of the township.
and/or his/ her/its oral testimony(s).
WITNESS, AMINODEN D. GURO, Regional Director, LTFRB-Region X, this 14th day of June 2023 at Cagayan de Oro City, Philippines.
(Sgd.) ATTY. MOHAMAD FAHDEL S. PIMPING HEARING OFFICER BWM : June 16, 2023
6 Fri-Sat | June 16-17, 2023 Editor: GILBERT Y. CHAO BusinessWeek MINDANAO FEATURE CREDIBLE RELIABLE IN-DEPTH DAVAO/PAGE 7 Davao Global Township officially opens its roads to the public Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City MT. ALIMONO TRUCKING CASE NO. R10CORPORATION Represented by NC-PA-THALDIN BELICAN, 2023-05-1194 Applicant NOTICE OF HEARING APPLICANT requests for the Issuance of New Certificate of Public Convenience to operate TRUCK FOR HIRE (TH) SERVICE on the route: CAGAYAN DE ORO CITY TO ANY POINT IN MINDANAO, ACCESSIBLE TO MOTOR VEHICLE TRAFFIC and Vice Versa and with the use of FOUR (04) unit/s. This application shall be considered by this Board on JULY 05, 2023 at 10:00 A.M. at this Board on which date Applicant 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 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 June 2023 at Cagayan de Oro City, Philippines. (Sgd.) ATTY. MOHAMAD FAHDEL S. PIMPING HEARING OFFICER BWM : June 16, 2023 Republic of the Philippines Department of Transportation LAND TRANSPORTATION FRANCHISING & REGULATORY BOARD Regional Office No.10, Apovel, Bulua, Cagayan de Oro City FELY BACULIO TRUCKING CASE NO. R10SERVICES INC. Represented by NC-PA-THFELY E. BACULIO, 2023-04-958 Applicant NOTICE OF HEARING APPLICANT requests for the Issuance of New Certificate of Public Convenience to operate TRUCK FOR HIRE (TH) SERVICE on the route: CAGAYAN DE ORO CITY TO ANY POINT IN MINDANAO, 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 JULY 05, 2023 at 10:00 A.M. at this Board on which date Applicant 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 must file his/her/its written opposition with supporting documents, unless this Board deems it necessary to require additional documentary evidence
This application shall be considered by this Board on JULY 05, 2023 at 10:00 A.M. at this Board on which date Applicant 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 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
LTFRB-Region X,
2023
de Oro City, Philippines. (Sgd.) ATTY. MOHAMAD FAHDEL S. PIMPING HEARING OFFICER BWM : June 16, 2023
Director,
this 14th day of June
at Cagayan
Phase 1 of Cebu Landmasters’ Davao Global Township (DGT) includes the township’s first residential project The East Village at DGT, which is set for completion in Q3 2026. Also part of the development’s Phase 1 is a lifestyle mall DGT City Center and a culture and civic events venue DGT Cultural Center.
PBBM...
from page 1
at kailangan tiyakin natin na unang-una, magkaroon ng sapat na food supply. May sapat na pagkain para ating mga kababayan (Food security is our priority. We want to ensure there would be enough food for our countrymen),”
Marcos said in a speech aired live on social media by Radio Television Malacañang.
Stressing that the Philippines is a rice-eating country, he said there is a need to make the price of rice cheaper, but stopped short from discussing his campaign promise to make rice available to Filipino consumers at P20/ kg.
“Wala din bibili kung P60 ang kilo ng bigas, kailangan ibaba din ang presyo,” he said.
Marcos said his administration “is continuously working to lower the price of rice and at the same time increase the income of Filipino farmers through better yield.”
At the Kadiwa ng Pangulo trade fair in this city where the President and his party proceeded, well-milled rice from the state-owned National Food Authority was sold at P25/kg.
In the different markets in the province, premium rice sold by private traders fetches about P40/kg.
Marcos visited South Cotabato to launch the Consolidated Rice Production and Mechanization Program (CRPMP) of the provincial government, his first time in official capacity since assuming power a year ago.
He turned over a ceremonial check worth at least P115 million for the facility, which he hailed “as a model agricultural initiative of a local government unit in the country.”
The consolidation and mechanization of rice farming, he said, can reduce by half the production and labor costs incurred by farmers, which could increase their income aside from the proceeds of an improved yield.
If the Philippines will have to compete with Thailand and Vietnam in rice production, Marcos stressed that mechanization “is the answer.”
The President said that the two neighboring rice-exporting nations have been able to maximize their production because of mechanization.
For the Philippines, mechanization will work for the rice sector if small farmers adopt the concept of consolidating their farms, he added.
South Cotabato Gov. Reynaldo Tamayo Jr. said they conceptualized the CRPMP to increase rice production, ensure food production in the area, and improve farmers’ income while making rice affordable to consumers.
“So far, 100 hectares of consolidated farms have already been planted with palay,” Tamayo said, adding that the provincial government is targeting to consolidate at least 1,400 hectares in the different parts of the province under the CRPMP program.
He said the facility will serve as a “one-stop” shop for the pre- and post-harvest needs of rice farmers and concerned government agencies.
The 1.4-hectare agricultural
facility in Barangay Liwanay will house an integrated rice processing center, warehouse, motor pool and administration building, including payment center for farmers, among others, the governor said.
He said the provincial government’s rice mechanization program is anchored on the national government’s food security outlook, including alleviating palay farmers from poverty.
Tamayo is president of the Partido Federal ng Pilipinas, the political party that carried Marcos during the May 2022 elections.
Marcos also graced the universal health and jobs fair activities in this city after launching the rice modernization program in Banga town.
Crop...
from page 1
of livelihood for building materials. He earlier filed House of Representatives Bill 7105, or the proposed Philippine Bamboo Industry Act. "Shifting to bamboo as building material instead of wood will also help the environment in the long run, as it will lessen the cutting of more trees," he said. Bukidnon alone has about 2 million “bamboo stands,” which are ready for harvest to become raw materials, he said. A supporter of Alba's bill is Robert Palomares, the proprietor of Homebiz Crafts based in Iligan City, who has been using bamboo materials for making furniture and plywood for clients since 2014. He said he has been sourcing bamboo materials from Manolo Fortich, Bukidnon. "Bamboo can become a good source of additional income for farmers and even residents who have a backyard space for growing bamboo," Palomares said. Because bamboo is a grass species, it can sprout new trunks after cutting the old ones for production. Palomares said the variety currently used in production is the giant bamboo species. In this city, the bamboo processing firm, Rizome Bamboo, has been providing bamboo supplies to clients across the country since 2021. Russel Smith, the firm’s president and chief executive officer, said they are planning to plant an additional 1.5 million “bamboo stands” throughout Mindanao, which they will also buy back from farmers and growers to meet the production demands. (PNA)
Bangsa...
from page 1
with the Philippine Government in 2014 after 17 years of peace negotiations.
The CAB provides for the creation of a Bangsamoro region, which was realized following the plebiscites in January and February 2019 that ratified Republic Act 11054 or the Organic Law for the BARMM.
Arnado said the lack of municipalities for residents in the SGA has hindered their access to essential programs and services rendered by the Bangsamoro government and the municipal governments.
“If the bills are passed into
law, the residents would have a functional, accountable and competent local government unit to cater to their day-to-day needs,” she said in a report from the Bangsamoro Parliament’s Public Information, Publication and Media Relations Division.
Member of Parliament Aida Silongan expressed hope the bills for the creation of the eight municipalities will be approved by the plenary before the Barangay and Sangguniang Kabataan elections on October 30.
In this way, the plebiscite establishing the eight towns can be held simultaneously with the Barangay ang Sangguniang Kabataan polls, she added.
Silongan said that public consultations for the proposed measure have been conducted in some parts of North Cotabato.
Once the bills are enacted, the newly created municipalities will have their own local government units with elected officials who will be responsible for addressing the specific needs and concerns of their respective communities.
Globe...
The YHEST Board of Directors and CLI top executives led DGT’s official opening on May 25, along with special guests from the government and the private sector.
Following the ceremony, local musical acts took the stage in a concert called “DGT Festival,” headlined by rock band UrbanDub and celebrity couple performers TJ Monterde and KZ Tandingan. Serving as front acts were proud Davaoeño bands The Dukes, Point Blank and Daybreak PH. Meanwhile, world-class DJs DJ Robinson and DJ Luane capped off the party that served a taste of DGT’s potential as a prime place of convergence in Davao City.
Aside from the DGT Festival, the township’s official opening also launched the DGT Weekend Market. Set to open four days a week—Thursdays to Sundays from 4pm to 1am— the upscale outdoor bazaar is set to delight Davaoeños with unique finds, amazing food, and other exciting offerings. Expected to become the new place-to-be that elevates the locals’ weekend experience, the DGT Weekend Market will be set up weekly at the first block of the township.
has a proven track record of providing engineering and tech solutions, and we are confident that our services will add value to these industries,” said Kerveillant.
FINSI’s mission is to bridge people by accelerating connectivity nationwide through innovative solutions and services. With expertise
EXTRAJUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS with SPECIAL POWER OF ATTORNEY
Notice is hereby given that the late FELIZA P. PADINIT, who died intestate in Macasandig, Cagayan de Oro City, Philippines; WHEREAS the children of FELIZA P. PADINIT namely:
MANUEL P. PADINIT, VIRGELIO P. PADINIT, FERNANDO P. PADINIT, BENEDICTO P. PADINIT, CONSORCIA P. GARCIA, VALENTINA P. DE LOS SANTOS, TEOFISTO P. PADINIT, and RUDOLFO P. PADINIT, have executed an Extrajudicial Partition with Sale and Donation on October 18, 1994 at Cagayan de Oro City, registered in the notarial book of Atty. Waldo G. Rebulo as Doc No. 381, Page 77, Book No.
in telecommunications and expansion in the energy and infrastructure industries, FINSI contributes to the improvement of the Filipino technological infrastructure and its status on the global stage. For more information about FINSI and its services, please visit https://www.finsi.com. ph/.
from page 5 State...
there will be no action done on its part.
“All the different governments are going to unify and address this, so there will be more force. Imagine if the whole ASEAN, which has 700 million population, will talk to a provider and say, ‘Either you step up and protect our citizens from all these cyber scams or we’re going to order a ban on your social media platforms across all ASEAN.’ That is the kind of bargaining chip that we are looking at because if we do it individually, it will not be addressed,” he said.
Family...
from page 4
is how you say it.” It’s the way we talk and treat each other that determines how much peace, joy, and love that your family experiences each day. But you cannot have a peaceful, happy marriage and family until you yourself have inner peace, joy, and self-control in your own heart.
Won’t you ask Jesus to forgive you for your past anger, lack of self-control, and impatience with your family? Then ask Him to take full control of your heart and character, so you can start enjoying the happy, peaceful climate you want in your home every day of the year, regardless of the weather outside. Just think a minute . .
To know more about Davao Global Township, visit https://www.dgt.com. ph/. For commercial leasing inquiries at DGT, please contact Marian Espiritu at marian@cebulandmasters. com. For commercial lots & residential inquiries, please contact Ceasar Emmanuel Nitorreda at crnitorreda@ cebulandmasters.com.
from page 4
bays from the intrusion of big commercial fishing boats that are raking the bays at the expense of the poor fisherfolk. Many of these commercial fishing boats are owned by powerful people.
The state of the crimes committed against GAIA (Mother Earth) must now be courageously stopped. All of these environmental crimes are robbing the future generations of their inheritance. Killing the integrity of the environment is a crime against the future generations. Indeed, we have not inherited the environment from our parents but we owe these to our children. But at the rate that we have massacred life forms, be it in the land or in the sea, we have committed the heinous and unprecedented crimes against nature and against humanity. It has now become imperative to bring back the rule of law or we will all perish!
from page 8 Davao...
from page 6
and planting strips that promote walking and cycling, aimed to promote active living while reducing carbon emissions. Inviting open spaces for outdoor and leisure activities are also featured prominently. These award-winning efforts support DGT’s tagline, “The Address of Ambition, The Address of Outstanding, The Address of Amazing.”
Celebrating with DGT Festival, opening of DGT Weekend Market
crucial connectivity so affected residents can contact their loved ones. This also helped local government units and rescue teams in their relief and recovery operations.
FINSI's comprehensive training programs prepare its employees to take on a wide array of projects. This versatility enables it to provide a full spectrum of services, contributing to the development of the nation's technological landscape.
"We are excited to enter new industries and offer our expertise to the Electric Vehicle and tower industries. Our team
13, Series of 1994 a copy of which is hereto attached; WHEREAS heir RUDOLFO P. PADINIT died intestate without any surviving heirs; WHEREAS, MANUEL P. PADINIT (died on April 12, 2005), VIRGELIO P. PADINIT (died on November 24,2012), BENEDICTO P. PADINIT (died on November 21, 2015), CONSORCIA P. GARCIA (died on June 9, 2005), VALENTINA P. DE LOS SANTOS (died on November 17, 2001), TEOFISTO P. PADINIT (died on October 27, 2009), all died intestate in Macasandig, Cagayan de Oro City, Philippines, leaving certain the following parcels of land, more particularly described as follows: TRANSFER CERTIFICATE OF TITLE No. T-57515 Lot No. 2965-C, (LRC) Psd-232737
A parcel of land known as Lot 2965-C of the subdivision plan (LRC) Psd232737, being a portion of Lot 2965, Cad-237, Cagayan cadastre, LRC-cad. Containing an area of ONE THOUSAND NINE HUNDRED EIGHT (1, 908 sq ms) square meters, more or less. Registered under the name of Feliza Padinit. Entry No. 154485 to 86: TCT No. T-62144 is issued covering a portion of LOT 2965-C-1 with an area of 200 sq. ms. for which TCT No. T-57515 is partly cancelled, leaving Lot 2965-C presently with an area of ONE THOUSAND SEVEN HUNDRED EIGHT (1, 708 sq ms) square meters, more or less. TRANSFER CERTIFICATE OF TITLE No. T-166687 Lot No. 2965D-7, Psd-10-033024 A parcel of land known as Lot No. 2965-D-2, Psd-10033074, being a portion of Lot 2965D (LRC) Psd-232737, situated in Macasandig, Cagayan de Oro City, Mindanao. Containing an area of ONE THOUSAND SEVEN HUNDRED NINE (1, 709 sq ms) square meters, more or less. Registered under the name of Feliza Padinit, are the subject of EXTRAJUDICIAL SETTLEMENT OF ESTATE AMONG HEIRS with SPECIAL POWER OF ATTORNEY. Made and entered into this 27 MAY 2023 in Cagayan de Oro City, Philippines by and between:
1. HEIRS OF MANUEL
P. PADINIT (Deceased), herein represented by MA. ANGELIE A. PADINIT, of legal age, single, Filipino citizen, with residence at Providence St., Saint Francis Ville Taculing, Bacolod City, Negros Occidental; 2. HEIRS OF VIRGELIO P. PADINIT (Deceased), herein represented by: a. ELSIE Y. PADINIT, of legal age, widow, Filipino citizen, with residence at Jupiter St., Macasandig, Cagayan de Oro City; b. EISEL MAE Y. PADINIT, of legal age, single, Filipino citizen, with residence at 112 Jupiter St. Hillside Subd., Macasandig, Cagayan de Oro City; C. MARIBETH Y. PADINIT, of legal age, single, Filipino citizen, with residence at 112 Jupiter St. Hillside Subd., Macasandig, Cagayan de Oro City; 3. FERNANDO P. PADINIT, of legal age, married, Filipino citizen, with residence Macasandig, Cagayan de Oro City; 4. HEIRS OF BENEDICTO P. PADINIT (Deceased), herein represented by:
a. JAIME G. PADINIT, of legal age, single, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; b. LOURDES P. DALANGIN, of legal age, widow, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City; c. ALAN G. PADINIT, of legal age, married, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City;
5. HEIRS OF CONSORCIA P. GARCIA (Deceased), herein represented by: a. NORBEL P. GARCIA, of legal age, married, Filipino citizen, with residence at Ph 1, Indahag, Cagayan de Oro City;
b. MARK ANTHONY P. GARCIA, of legal age, single, Filipino citizen, with residence at Ph 1, Indahag, Cagayan de Oro City; 6. HEIRS OF VALENTINA
P. DE LOS SANTOS (Deceased), herein represented by: a. MARILOU S. OUANO, herein represented by her son: JEFFERSON S. OUANO, of legal
age, married, Filipino citizen, with residence at Macasandig, Cagayan de Oro City; b. NICHOLAS P. DE LOS SANTOS, of legal age, married, Filipino citizen, with residence at Macasandig, Cagayan de Oro City; 7. HEIRS OF TEOFISTO P. PADINIT (Deceased), herein represented by: a. ROBERTO J. PADINIT, of legal age, married, Filipino citizen, with residence at Upper Tambo, Macasandig, Cagayan de Oro City; b. ROMEO J. PADINIT, of legal age, married, Filipino citizen, with residence at 112 Jupiter St., Macasandig, Cagayan de Oro City; c. RUEL J. PADINIT, of legal age, married, Filipino citizen, with residence at Macasandig, Cagayan de Oro City; Hereinafter referred to as Heirs; WHEREAS, the Heirs hereto acknowledges and confirms the different sales made by their Predecessors in interest as to their respective portions in both parcels of land as evidenced in the aforementioned Extrajudicial Settlement dated October 18, 1994; WHEREAS, there are no known debts or obligations due against the estates of said Decedents; and that in the event that any other property of the decedent should later be found which is not included hereinabove, the parties hereto further agree to distribute, divide, and adjudicate, as they do hereby distribute, divide and adjudicate the same in like manner and proportion as herein established and disposed; SPECIAL POWER OF ATTORNEY We, the HEIRS OF MANUEL P. PADINIT, VIRGELIO P. PADINIT, BENEDICTO P. PADINIT, CONSORCIA P. GARCIA, VALENTINA P. DE LOS SANTOS, TEOFISTO P. PADINIT, respectively, and FERNANDO P. PADINIT, have made, constituted and appointed, and does by these presents make, constitute and appoint, our co-Heir, LOURDES P. DALANGIN, of legal age, married, Filipino citizen, with residence at Biasong, Macasandig, Cagayan de Oro City, as our true and lawful attorneyin-fact for us and in our name, place and stead, to do and perform the following acts and things, namely: 1.
To submit, process and follow-up with the Department of Public Works and Highways (DPWH) thru the Unified Project Management Office — Flood Control Management (UPMO-FCMC) regarding the transaction which affect our property, Lot No. 2965-C, (LRC) Psd-232737 and Lot No. 2965-D-2, Psd-10-033074; 2. To negotiate, and transact, for such price and under such terms and conditions, as our said attorney in fact may deem proper, the abovementioned parcels of land to the DPWH; 3. To sell, transfer and/or convey our rights and interests over the portions of abovementioned parcels of land both situated in Macasandig, Cagayan de Oro City known as: Lot No. 2965C, (LRC) Psd-232737 and Lot No. 2965-D-2, Psd-10-033074 which are affected by the abovementioned project to the DPWH; 4.To process, submit, and follow up pertinent documents relative to any transactions concerning the abovementioned properties situated in the City of Cagayan de Oro, before the BIR office, City Assessor’s Office, Register of Deeds Cagayan de Oro City, DENR, DAR and other related Government Agencies; 5. To process, submit and follow up pertinent documents relative to the processing of or TIN and settlement of estate tax before BIR; 6. To make sign, execute and deliver Contracts, Memorandum of Agreement and other instruments in writing of whatever nature or kind with any authorized person from the DPWH or other government entities in relation to the abovementioned transaction upon the terms and conditions acceptable to our Attorneyin-Fact; 7. To receive and/or acknowledge payment of the consideration/just compensation for the affected portions in cash and/or in check and to encash the same as it may be; 8. Finally, to sign, make, execute and deliver any and/or all documents, papers, writings that need be made and executed, signed and delivered to give effect to the authority herein granted; GIVING AND GRANTING unto said attorneysin-fact full power and authority to do and perform all and every act and thing whatsoever requisite, and necessary to be done, hereby ratifying and confirming all that said attorney-in-fact should lawfully do or cause to be done by virtue of these presents. Under Notary Public of ATTY. MADELLE
FRI-SAT | JUNE 16-17, 2023 Advertising and Editorial E-mail : businessweekmindanao@gmail.com Contact nos. : 0917-7121424 • 0947-8935776 7
Finsi...
P.
Doc. No. 55; Page No. II; Book No. I; Series of 2023. BWM Jun 2, 9 & 16, 2023
MACALINO, as per
