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RAILWAY/PAGE 11 RICE/PAGE 11 BIDDING/PAGE 11 Editorial and advertising email : [email protected] • Cell Number : 0917-7121424 • 0947-8935776 P15.00 Volume VIII, No. 160 Mon-Tue|June 25-26, 2018 www.businessweekmindanao.com CREDIBLE RELIABLE IN-DEPTH MINDANAO B USINESS W EEK YOUR MINDANAO-WIDE BUSINESS PAPER Briefly Migration BUTUAN City -- The Mindanao Migrants Center for Empowering Actions, Inc. (MMCEAI), a rights-based service organization based in Davao City for migrants– active and returning OFWs and their immediately families and communities, is set to hold the Caraga Stakeholders Conversation on Migration, Environment, Peace and Development (MEPD) on June 27, 2018 at Grand Palace Hotel, this city. The MEPD is the second leg of the six regional consultations to be organized in Mindanao this year. Accordng to MMCEAI executive director Inorisa Sialana-Elento, the MEPD is aimed at enhancing the synergies among civil society organizations, government agencies and other concerned stakeholders on the issue of migration, environment, peace and development efforts in Mindanao. It can be recalled that in 2014 MMCEAI convened the Mindanao Summit on Migration, Environment, Peace and Development (MEPD) of which stakeholders – civil society organizations (CSOs), humanitarian organizations, government and local government representative/s partake in the crafting of the Mindanao Multi-Sectoral Action Plan on Migration, Environment, Peace and Development. Job, biz fairs BUTUAN City -- Some 827 job applicants flock to the recent Kalayaan 2018 Trabaho, Negosyo, Kabuhayan (TNK) Job and Business Fairs in Agusan del Norte which gathered 20 companies and agencies offering 597 local and 11,279 overseas job openings. There were 299 so- called near hires and of the 153 deemed qualified job applicants, 45 were hired on the spot. Twenty-five applicants joined the techno demo while 36 visited the Negosyo Center corner for various inquiries. Market Indicators US$1 = P 53.28 FOREX PHISIX AS OF 6:00 PM JUNE 22, 2018 (FRIDAY) 7,063.20 34.95 POINTS 18 CENTS X X Thank you for trusting us! We strive for Excellence! Adjudged by the Philippine Press Institute (PPI) as: 2013 Best in Business and Economic Reporting 2014 Best in Environmental Reporting 2017 Best in Business and Economic Reporting Technical Vocational and Livelihood (TVL) strand of the region’s senior high school students. The items, bought for use during the 2016-2017 school year, were to be used for the Hairdressing NC II course, Farnazo said. PENSIVE. An elderly man is in a pensive mood in his house in Sitio Pedtad, Barangay Midpandacan in General SK Pendatun town in Maguindanao on June 13. While residents in neighboring villages fled to safer grounds, most residents here have opted to stay on in this area which also serves as jump-off for troops entering the area of operations against the Bangsamoro Islamic Freedom Fighters. MINDANEWS PHOTO BY FERDINANDH B. CABRERA IMPORTED RICE. Workers arrange sacks of imported rice from Vietnam at the NFA warehouse in Barangay Tablon, Cagayan de Oro City yesterday. PHOTO BY GERRY LEE GORIT Double-track e-system Mindanao railway eyed By CARMELITO Q. FRANCISCO, Correspondent T HE proposed two-track electric train system for the main line of the Mindanao Railway System (MRS) has been approved by the Department of Transportation (DoTr), a Davao-based business leader said. Habi at Kape media forum. The RDC was among those that pushed for an expanded and more environment- friendly MRS, which was originally planned around single-track system with diesel trains. Secretary Datu Abul Khayr D. Alonto, chair of the Mindanao Development Authority (MinDA), who was at the same forum, also confirmed the new MRS model. “We have realigned the program. It will be an electric train, two-track railway Arturo M. Milan, president of the Davao City Chamber of Commerce and Industry, Inc. (DCCCII), said the approval was announced during the June 13 meeting of the Regional Development Council’s (RDC) Infrastructure Development Committee. “This latest report is a big improvement, and not only for phase 1, Davao- Tagum-Digos, but the entire project,” Mr. Milan, who sits as private sector representative in the RDC, said during Wednesday’s 92K bags of rice from Vietnam arrive in CDO By GERRY LEE GORIT, Reporter CLOSE to a hundred thousand bags of rice have arrived in a local port from Vietnam as the National Food Authority-10 (NFA-10) has allayed fears of rice shortage in the market. NFA-10 information officer Hazel Belacho said Friday 4,600 metric tons or 92,000 bags of long grain well- milled Vietnam rice arrived in the seaport of Cagayan de Oro on board the boat MV Truong Loc. 16 on June 12. Unloading of the imported rice was finished early this week. Belacho said region’s imported rice allocation for this year is 280,000 bags which will be delivered to Northern Mindanao in two batches. Included in the delivery are the 40,000 bags intended for Marawi City. Expected to arrive in the next few days are two more Vietnamese vessels, namely, MV Zircon V. 1806, DepEd-10 chief says bidding for P2K razor ‘above board’ By JIGGER JERUSALEM, PNA THE head of the Department of Education’s (DepEd) office in Northern Mindanao denied any hand in the purchase of school materials for senior high school classes, even as he dispelled any irregularity in the bidding of razor blades that cost nearly P2,000 each. DepEd-10 (Northern Mindanao) Director Allan Farnazo said his office had nothing to do with the procurement of Gillette Vector razors and other supplies needed for the

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P15.00Volume VIII, No. 160 Mon-Tue|June 25-26, 2018www.businessweekmindanao.com

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BrieflyMigration

B U T U A N C i t y - - T h e Mindanao Migrants Center for Empowering Actions, Inc. (MMCEAI), a r ights-based service organization based in Davao City for migrants– active and returning OFWs and their immediately families and communities, is set to hold the Caraga Stakeholders Conversation on Migration, Env i ronment , Peace and Development (MEPD) on June 27, 2018 at Grand Palace Hotel, this city. The MEPD is the second leg of the six regional consultations to be organized in Mindanao this year. Accordng to MMCEAI execut ive director Inor isa Sialana-Elento, the MEPD is aimed at enhancing the synergies among civil society organizations, government agencies and other concerned stakeholders on the issue of migration, environment, peace and development efforts in Mindanao. It can be recalled that in 2014 MMCEAI convened the Mindanao Summit on Migration, Environment, Peace and Development (MEPD) of which stakeholders – civil society organizations (CSOs), humanitarian organizations, g o v e r n m e n t a n d l o c a l government representative/s partake in the crafting of the M indanao Mu l t i -Sec to ra l Act ion Plan on Migrat ion, Env i ronment , Peace and Development.

Job, biz fairsBUTUAN City -- Some 827 job applicants flock to the recent Kalayaan 2018 Trabaho, Negosyo, Kabuhayan (TNK) Job and Business Fairs in Agusan de l Nor te wh ich gathered 20 companies and agencies offering 597 local and 11,279 overseas job openings. T h e r e w e r e 2 9 9 s o -called near hires and of the 153 deemed qual i f ied job applicants, 45 were hired on the spot. Twenty-f ive appl icants joined the techno demo while 36 visited the Negosyo Center corner for various inquiries.

Market Indicators

US$1 = P 53.28

FOREX PHISIX

AS of 6:00 Pm JUNE 22, 2018 (fridAy)

7,063.20

34.95points

18cents

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We strive for Excellence!Adjudged by the Philippine Press Institute (PPI) as:

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Technical Vocational and Livelihood (TVL) strand of the region’s senior high school students. The items, bought for use during the 2016-2017 school year, were to be used for the Hairdressing NC II course, Farnazo said.

PENSIVE. An elderly man is in a pensive mood in his house in Sitio Pedtad, Barangay Midpandacan in General SK Pendatun town in Maguindanao on June 13. While residents in neighboring villages fled to safer grounds, most residents here have opted to stay on in this area which also serves as jump-off for troops entering the area of operations against the Bangsamoro Islamic Freedom Fighters. mindanews photo by ferdinandh b. cabrera

IMPORTED RICE. Workers arrange sacks of imported rice from Vietnam at the NFA warehouse in Barangay Tablon, Cagayan de Oro City yesterday. photo by gerry lee gorit

Double-track e-system Mindanao railway eyed

By CARMELITO Q. FRANCISCO, Correspondent

THE proposed two-track electric train system for the main line of the Mindanao Railway System (MRS)

has been approved by the Department of Transportation (DoTr), a Davao-based business leader said.

Habi at Kape media forum. The RDC was among those that pushed for an expanded and more environment-friendly MRS, which was originally planned around single-track system with diesel trains. Secretar y Datu Abul Khayr D. Alonto, chair of the Mindanao Development Authority (MinDA), who was at the same forum, also confirmed the new MRS model. “We have realigned the program. It will be an electric train, two-track railway

A r t u r o M . M i l a n , president of the Davao City Chamber of Commerce and Industry, Inc. (DCCCII), said the approva l was announced during the June 13 meeting of the Regional Development Counci l’s ( R D C ) I n f r a s t r u c t u r e

Development Committee. “This latest report is a big improvement, and not only for phase 1, Davao-Tagum-Digos , but t he entire project,” Mr. Milan, who sits as private sector representative in the RDC, said during Wednesday’s

92K bags of rice from Vietnam arrive in CDO

By GERRY LEE GORIT, Reporter

C L O SE t o a hu n d re d thousand bags of rice have arrived in a local port from Vietnam as the National Food Authority-10 (NFA-10) has allayed fears of rice shortage in the market. NFA-10 information officer Hazel Belacho said Friday 4,600 metric tons or 92,000 bags of long grain well-milled Vietnam rice arrived in the seaport of Cagayan de Oro on board the boat MV Truong Loc. 16 on June 12. Unloading of the imported

rice was finished early this week. Belacho said region’s imported rice allocation for this year is 280,000 bags which will be delivered to Northern Mindanao in two batches. Included in the delivery are the 40,000 bags intended for Marawi City. Expected to arrive in the next few days are two more Vietnamese vessels, namely, MV Zircon V. 1806,

DepEd-10 chief says bidding for P2K razor ‘above board’

By JIGGER JERUSALEM, PNA

THE head of the Department of Education’s (DepEd) office in Northern Mindanao denied any hand in the purchase of school materials for senior high school classes, even as he dispelled any irregularity in the bidding of razor blades

that cost nearly P2,000 each. DepEd-10 (Northern Mindanao) Director Allan Farnazo said his office had nothing to do with the procurement of Gillette Vector razors and other supplies needed for the

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Tel. # (088) 231-6739

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CORRALES BRANCH Corrales Ave.,Cagayan de Oro City

DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St.,Cagayan de Oro City Tel. # (088) 857-3631

LAPASAN BRANCH Lapasan Hi-way,Cagayan de Oro CityTel. # (088) 231-6739

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OZAMIZ City -- Four cooperatives in Ozamiz City now have the basic tools to start their own sustainable business with the help of bakery kits and egg-laying machines from Pilmico Foods Corporation, turned over during Pilmico’s Mahalin Pagkaing Atin Food, Agri and Livelihood Expo in

Ozamiz City on June 13. This as Pilmico Foods Corporation, the food subsidiary of Aboitiz Equity Ventures, Inc., partnered with Department of Trade and Industry (DTI) to help backyard farmers and inspire community entrepreneurs to kick-start their own sustainable

Night flights at GenSan airport eyed to resume end of JulyGENERAL Santos

City -- The Civil Aviation

Authority of the Philippines (CAAP) is eyeing the resumption of night flights at the international airport here by the end of July, when its upgraded runway lights become operational. Gaspar Figueroa, officer-in-charge of the CAAP station here, said Friday the installation of the airport’s upgraded airfield lighting system has already been

completed but has yet to be cleared for use by the central office. During initial inspection, Figueroa said their technical personnel found some minor problems with the newly-installed lights and recommended immediate adjustments. Figueroa said they will start using the new lighting system once the CAAP central office completes its assessment and issues a confirmation. “Our target for (the resumption) of night

operations is last week of July,” he said in an interview over radio station Brigada News FM. CAAP had allotted some P40 million for the upgrading of the Tambler airport’s airfield lighting system. It involves the installation of new runway edge lights, solar-powered taxiway edge lights, and runway threshold identification lights. The project is part of the ongoing P959-million city international airport expansion and rehabilitation project,

which is due for completion in two years. Leading airline Cebu Pacific, which has four to six daily flights to and from this city, used to operate night flights to

Manila but later scrapped them. Philippine Airlines flies daily from this city to Manila and serves the Cebu and Iloilo routes, along with Cebu Pacific. Aside from the

resumption of the night flights, Figueroa said the new runway lights will ease the landing of aircraft during unfavorable weather conditions. (PNA)

DOLE Bukidnon launchesGIP; hires 202 internsBy REYNA L. TAGAILO, Contributor

MALAYBALAY City -- The Department of Labor and Employment (DOLE) Region 10, Bukidnon Provincial Field Office (DOLE 10-Buk PFO) hired 202 interns from the province’s fourth district towns. Raul L. Valmores, DOLE 10-Buk PFO chief, said this is under DOLE’s Government Internship

Program (GIP), in which an intern will receive an allowance/stipend of P253.50 per day. He said the amount is 75 percent of P338.00 per day—the highest prevailing minimum wage in the region. “With the ultimate purpose of attracting the best and gifted young workers who want to pursue a career in government service,

Ozamiz backyard farmers get supportto start bread, eggs business

business through their flagship Corporate Social Responsibility (CSR) program, Mahalin Pagkaing Atin. Mindanao Assistant Vice President for Feeds Sales Jefferson Abian said, “Pilmico’s commitment to advancing business and communities goes beyond

this GIP will fast track the implementation and monitoring of DOLE programs and projects related to employment facilitation and social protection. All of these directly contribute to the government’s goal of inclusive growth through massive employment generation,” Valmores said. The hired interns will render five months of

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The juggler

Think a minute…There was a young man who moved from his home in Italy to live in America. He studied juggling and soon became famous all over the world. Later in his life, after years of success as a juggler and performer, he decided to return home to Italy and retire. He sold almost everything he owned and bought a big, expensive diamond. Then he boarded the ship for his home in Italy. One day he was showing a boy on the ship how he could juggle several apples at one time. Soon a crowd of the passengers gathered around to watch. Then the old juggler got more and more carried away with himself, wanting to impress the crowd. He ran to his room and got his precious diamond. He showed it to the people and explained how

the diamond represented his whole life’s work and savings. Then, to the people’s shock and amazement, he started juggling the diamond! At first, he was careful; but each time he threw the diamond higher and higher. Finally, he told his audience that he would throw the diamond one last time so high that it would disappear for a few seconds. The people begged the old man not to do it, but he wouldn’t listen. So with the confidence of all his years of experience, the juggler threw the diamond so high into the air that it actually did disappear, before it started falling back down, shining and sparkling in the sunlight. Then, just as he was about to catch the diamond, a huge wave suddenly caused the ship to move and lurch forward, causing the juggler not to catch his diamond, which fell into the ocean and sunk, lost forever. What a sad story. To risk and lose everything you own and have worked for all your life. Yet some of us are just like that juggler. We’re very confident in our own strengths and abilities. We want to be in control and live life our own way, even

think a minute

JHAN TIAFAU HURSTkakampi mo ang Batas

BATAS MAURICIO

speaking out

IGNACIO BUNYE

probleMs/PAGE 8Juggler/PAGE 11

Stalled opportunities

You can’t keep a good man down

start. Not u nt i l Imp e r i a l Manila’s superiority complex is squashed, the so-called emerging opportunities for Mindanao may come, but in trickles, and may be in measly drops of the manna from heaven, or just a slice of the country’s economic pie. Not until the national government shall be able to take cognition of its dismal failure to spread the gospel of growth with equity, Mindanao shall always be in the map of the forgotten and the abandoned. From developing the vast fertile lands to improving infrastructure facilities to providing jobs to the jobless, to uplift ing health and education sectors, name it, these are what Mindanaoans,

since time immemorial have been clamoring to high heavens to come down on them, sooner, not later. Mindanaoans like me (I was born and raised in M’lang, North Cotabato, Secretary Manny Pinol’s turf) hasn’t seen real progress per se. What we still have is a land of wars and conflict. Remnants of ISIS-inspired Maute terrorist group are again creating havoc in Lanao del Sur. BIFF fighters are in constant clash with the military at the mineral-rich Liguasan marsh in Central Mindanao. NPAs are still in burning binge of plantation equipment and vehicles. This island being rich in natural resources makes the economy of Imperial Manila richer and in shape,

important and effective platform for information dissemination. FB answered the needs of its more than two billion users (this writer included) in a way that no other provider has. Its users kept growing, far outpacing its competitors. With growth came the potential for more revenue. All things considered, F a c e b o o k ’ s g o o d fundamentals simply over-shadowed initial concerns about data privacy. Imagine, if one had bought Facebook shares last March. He would now be whistling his way to the bank. The likelihood, however, is we missed the boat because unfortunately, we do not have a crystal ball. Even the best analysts don’t have sure-fire formulas for making money in the stock market. But for those who wish to try, (and I am not just talking of the local stock market) here are some rules of thumb which have generally worked. 1. First and foremost,

look at the fundamentals. Look at the company’s growth and earnings potential. Look at the management. 2. Buy low and sell high. 3. Be ahead of the trend. 4. Invest only what you can afford to lose. 5. Last, but certainly not the least, pray.

Enter the “modern jeepney”

One of the best news I read last week was the much awaited roll-out of the DOTr’s Public Utility Vehicle Modernization Program. 15 units of the “modern jeepney” were initially turned over by Isuzu Philippines Corporation to the Senate Employee Transport Service Cooperative (SETSCO), with 20 more scheduled for delivery within the year. The “modern jeepney” uses Isuzu’s QKR77 platform. Its body was designed and manufactured by Almazora Motors Corp. Its features include: 1 . More environment-friendly Euro 4 engine. 2.

thanks but no thanks to Mindanao’s fat contribution to the national coffer. While Mindanao holds an incredible wealth to brag about, yet it continues to spawn dark moments of truth. A n d t h e r e c e n t p r o n o u n c e m e n t o f M a l a c a n a n g t o m a k e Mindanao a land reform area is nothing but pure and simple rhetoric. Mindanao is a lways beset with news about clan wars, religious overtones, terrorism, kidnappings by the dreaded abu sayyaf, piracy, political dynasties, corruption, poverty, regular clashes and killings are some of the worst scenes elsewhere in the island. Along with these grim scenarios, the island stalks

Provisional seats for persons with disabilities. 3. Tap card system of payment. 4. Entry/exit doorway on the right side that opens to the sidewalk. 5. Headroom to allow standing passengers. 6. Fully air-conditioned. 7. Led TV monitors for real time information updates. 8. CCTV, dashcam camera. The fleet will serve the Star City-Cultural Center of the Philippines (CCP) to Paranaque Integrated Terminal Exchange (PITX) route with stops at the Philippine International Convention Center (PICC), G o v e r n m e n t S e r v i c e Insurance System (GSIS)-Senate and SM Mall of Asia (MOA) complex. Priced at around P2-million per, the units are d e e m e d e c o n o m i c a l l y affordable by Cooperatives.

Senior Associate Justice Antonio Carpio

In my books, he would have been one of the most respected Chief Justices of the Supreme Court.

REGIONAL growth centers like Cagayan de Oro and the rest of the island’s emerging key cities are crying out loud for Imperial Manila to heed the call of economic equity (read: equal distribution of wealth). But with an iota of doubt, Mindanao’s clarion call for economic prosperity may turn out doomed at the very

In the aftermath of the March US congressional investigation of Facebook for data privacy breach, the company’s stocks plummeted 18 per cent. Since then, Facebook made one of the most amazing rebounds in Wall Street. From a low of $ 152, FB stocks breached $200 last week, a 33 per cent upswing. The quick turn-around is explained as follows. It all boils down to the adage “You can not keep a good man (in this case, company) down.” Fa c e b o o k a n d i t s Instagram and Messenger units have provided a very

Mental Health Act; decaying Manila; Meralco problemsARE AFFLICTED WITH CRAZINESS, LUNACY, OR CONFUSION OF THE MIND? I share in the elation of senators and many other off icials of the Duterte government in the passage of the Mental Health Act by its signing by President Duterte the other day. It is a big, bold step towards affording relief to those already suffering from mental health problems like craziness, lunacy, or confusion of the mind. But, the more basic concern of everyone should be, are we even aware why Filipinos (and many others in the world) get afflicted with mental health disorders? Many experts have attributed these mental illnesses to heredity, pressures of day-to-day living, imbibing of drugs and alcohol, and they are largely correct. But for Christian believers who

read their Bible, they are convinced there is a spiritual angle to craziness, and this angle is well-explained in Dueteronomy 28:15 and 28.

-ooo- PEOPLE GET CRAZY B E C AU S E T H E Y N O LONGER READ, NOR OBEY, THE BIBLE: In gist, these verses say that when people no longer listen to God (meaning, they no longer read or study His Bible) and no longer obey His commands, His curses are showered upon these people. One of these curses is “madness, and blindness and confusion of the mind”. This could only mean that when people stray away from God, their minds are an easy prey of God’s enemy, the devil. If we look around us today, it is unmistakable that the minds of many are controlled by the evil one, making them

devilishly crazy, lunatic, and capable of committing even the most heinous crimes. If we therefore want to prevent, and if we are already afflicted with, mental illness, what we really need as a sure-fire cure is to read the Bible and obey what is written therein sincerely.

-ooo- MANILA, CIT Y OF DECAY, TRASH, GARBAGE, AND RUBBISH? Indeed, Manilenos and other people frequenting Manila should welcome the move of the Duterte government through its various departments to help the city properly dispose of its garbage which seems untended at this point. As the pictures I posted in my accounts in Facebook, Twitter, and Instagram (under the names Melanio L azo Maur ic io Jr. and

LIFE’S INSPIRATIONS: “…This is the evil in everything that happens under the sun: The same destiny overtakes all. The hearts of people, moreover, are full of evil and there is madness in their hearts while they live, and afterward they join the dead…” (Ecclesiastes 9:3, the Holy Bible).

-ooo- ARE WE EVEN AWARE WHY MANY FILIPINOS

hotLine

RUFFY MAGBANUA

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EAGLE Cement Corp. is working on its fourth cement production plant in Malabuyoc, Cebu to meet rising demand, aiming to lead the industry in terms of capacity by 2020 after posting a record profit last year. “By 2020, Line 4 (Cebu) completion will raise production capacity to 9.1 million MT (metric tons),” Eagle President and Chief Executive Officer John Paul Ang told reporters after the company’s stockholders’ meeting Thursday. Ang said the Cebu line will provide the company a nationwide reach through markets in the Visayas and Mindanao. Eagle Cement’s current production capacity is 5.1 million MT. He noted that it would also commission within the year its third production line in Bulacan, adding 2 million metric tons to its current capacity, and expand its market reach to the Bicol and Mimaropa (Mindoro, Marinduque, Romblon, Palawan) regions. The company’s expansion strategy indicates its bullish outlook for the local cement sector, he said. “Private consumption

Ayala unit expands Davao luxury residential projectAYALA LAND

Premier (ALP) is launching the

second tower of its luxury residential project in Davao City within the year, after seeing strong demand for the first tower where it generated P2.6 billion in sales. The luxury unit of Ayala Land, Inc. (ALI) said on Wednesday it has sold out the first tower of The Residences at Azuela Cove during its launch last May 12. The 21-storey seaside tower offers 70 three-bedroom units spanning 181 to 196 square meters (sq.m.), priced at around P36.7 million each. It also has two penthouse units with four bedrooms each. The 377-sq.m. penthouse unit is priced at P80.8 million each. This indicates a selling price of P194,000 per square meter, making it the most expensive residential property in Davao City. The company said Davao-based individuals

purchased around 70% of the units, while 15% came from Manila residents that had businesses or families in Davao. The remaining 15% came from buyers abroad and neighboring provinces. “Given the good response for the North Tower, we’re gearing up for the launch of the second tower. And we expect to launch the second tower in the next few months, so very soon,” ALP Head of Sales Paolo O. Viray said in a press briefing on Wednesday. Mr. Viray said the company will be raising prices of units by 8-10% for the second tower, which could deliver around P3 billion in sales from 77 units. ALP will be adding garden units at the ground floor of the second tower, instead of the amenity area that will cover the first tower’s ground level. Mr. Viray said both towers will be completed by 2023, with turnover to residents expected by the end

of that year. Amenities include a residents’ lounge, fitness center, social hall, a 25-meter lap pool, kiddie pool, and play area. The Residences sits on a one-hectare property within Azuela Cove, ALI’s P20-billion mixed-use estate in Davao City through a 60-40 joint venture partnership with the Alcantara Group of Companies. The project is the first residential development to rise within the 25-hectare property in Lanang, Davao. Alcantara Group Executive Vice-President Anton M. Hechanova said this is the first high-rise development under their portfolio. Asked if they plan on pursuing more similar projects, the executive said they are still studying its prospects. “Possible, the Alcantara group we have a lot here in Mindanao. We’re nurturing the area. Our power business alone has thousands of

hectares. There are untapped areas in the power location that we might get into. At the moment we’re studying those options,” Mr. Hechanova said during the briefing. ALI’s development of Azuela Cove started in 2017, and will continue for the next seven to 12 years. Operational areas inside Azuela Cove include The Shops — a retail strip featuring various restaurants, a 2,000-sq.m. event tent operated by Enderun Colleges which can accommodate up to 1,500 people, and a standard-sized soccer field, basketball court, and volleyball court. The sports facilities are managed by SPARCorp., a company that includes members of the Davao sports and business communities. Azuela Cove will also house the first St. Luke’s Medical Center outside of Metro Manila. The medical facility will have 250 beds and will be operational by 2022.

LOCAL phone brand MyPhone is set to launch next month an all-Filipino brand online marketplace that is built-in on its new phone models. MyPhone President and Chief Executive Officer David Lim told reporters on Thursday at the sidelines of the launch of Brand Pilipinas, an advocacy to promote

Eagle Cement eyes 78% capacity rise by 2020

is still strong as conglomerates embark on expansion strategies, and the government remains steadfast in its national infrastructure push,” added Ang. Meanwhile, Eagle Cement reported that it registered a record-high PHP4.26 billion in net income for 2017, up 4 percent from the previous year. Robust growth in sales volume and cost efficiencies achieved through upgrading and de-bottlenecking efforts in existing production lines boosted profits.

MyPhone tolaunch

e-marketplace for Filipino brands

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E n g l i s h g r a m m a r acquisition in non-native English speaker is a complex process which remains to be further explored. It has been an early obstacle to overcome in second language learner. To be an efficient second language learner, one must go back to basics -phonics, semantics, syntax and inflection. Basics are very important to acquire better cognizance of the English grammar proficiency. When the learner mastered the basics, he will be ready for more complex parts and rules in grammar ‘such as parts of speech, subject-verb agreement, conditionals, p a r t i c i p l e s , m o d a l s , gerunds and infinitives. However, English grammar is dynamic. It is active and changing. One must be updated to the variations of terms and new set of ideas. Teachers must address the need of the learners in terms of ameliorating English grammar proficiency. T he fo l l ow i ng are t h e v ar i ou s w ay s t o ameliorate English grammar proficiency: 1. A book a day - Reading is learning. It calms the mind and soul. A book a day increases the vocabulary and widen the perspective of the reader. The more you read, the more you learn. The more you learn, the better person you will be. However, some people find printed books boring. But with the advent of technology, people can now access e-books where they can read anywhere they wanted to. E-books are accessible and more enjoyable to read. A reader today is a leader tomorrow. 2. Write unfamiliar word a day - A word a day keeps ignorance away. Write a word, fol lowed by its pronunciation, definition, synonym and antonym then use it in a sentence.e.g. “Righteous” \ ‘ri-ches\ adjective: morally good: following religious or moral laws.Synonym: uprightAntonym: unrighteous E n g l i s h l a n g u a g e learners may also collect all the words and make personalized dictionary to widen their vocabulary bank. 3. Listen and watch e du c at i ona l v i d e o s - Listening and watching educational videos are one of the fun-filled activities that second language learners may want to try. Various videos are made to edify grammar such as Grammar Girl and FluentU

websites. Grammar girl gives informative tips on English grammar rules while FluentU provides great tools to practice English vocabulary and grammar. Follow their words and try to practice it every day even in simple conversation. 4. Speak English at all times - Practice makes perfect. Don’t be afraid to speak English. Try to mingle with people who are good in English or native speakers of the English language. You will learn a lot as you talk to them. You will also find tips on how to enhance your grammar. You will learn the correct pronunciation and usage of a single word. In addition, speak English even in simple conversation. The more you speak, the more you will learn. 5. Be confident and persevere – Winners never quit and quitters never win. If the learner is driven and confident enough to learn the language then it’s easier for him to acquire the second language. 6. Be open-minded and accept corrections - There’s always a room for improvement. People who are good in English grammar are people who encountered a lot of corrections. The one who accepts corrections, receives wisdom. 7. Use sentence diagram- English teachers used sentence diagraming to help second language learners learn English grammar easi ly. With proper used of subject and predicate, learners retain the information quickly and apply it according to the diagram they have learned. 8. Read English grammar books – to be properly guided with grammar rules, there’s nothing better than reading a grammar book such as English Grammar for Dummies by Wendy M. Anderson and Woe is I: Grammarphobe’s Guide to Better English in Plain English by Patricia T. O’Conner. E d i f y i n g E n g l i s h grammar for the second language learners is like molding a pot wherein the learner is the clay. The clay undergoes painful refining process but it will turn into a beautiful pot. Enhancing English grammar might not be as easy as the learner thought it would be. But after the tedious procedure, the learner becomes better, ef fective and eff icient English language speaker. Indeed, using correct English grammar will help learners to communicate more easily.

From ABC to EfficacyLADY VYNN U. GODINEZ

“If we do not plant knowledge when young, it will give us no shade when we are old.” – Lord Chesterfield

ENviRoNMENT Secretary Roy A. Cimatu has signed

on behalf of the Philippine government a framework regional agreement seeking to strengthen cooperation for the conservation and sustainable management of forests in Asia. The Asian Forest Cooperation Organization (AFoCO) Agreement was among the many accords signed by the Philippines during President Rodrigo Duterte’s recent three-day official visit to Seoul, South Korea. Cimatu expressed hope the agreement, which was earlier signed by 10

other Asian countries, will provide mutual benefits to all parties in terms of forest conservation and sustainable management. “With the Philippines signing the agreement, this seals our participation and commitment for the stronger regional cooperation towards the sustainable management of forests across Asia,” Cimatu said in his speech during the signing of the AFoCO Agreement by the Philippines on June 4. “I fervently hope that our ties will be greater, as these from the start are founded from mutual trust and respect, mutual understanding and mutual

benefits,” he added. AFoCO is an intergovernmental organization in Asia aiming to strengthen regional forest cooperation by transforming proven technology and policies into concrete actions in the context of sustainable forest management to address the impact of climate change. As the initial phase of AFoCO, a cooperation mechanism of the Association of Southeast Asian Nations-Republic of Korea Forest Cooperation was formalized by the Agreement signed during the 14th ASEAN-ROK Summit in Bali, Indonesia, in 2011.

The Seoul-based ASEAN-ROK Forest Cooperation has been operational since 2012. AFoCO facilitates forest cooperation between ASEAN countries and ROK focusing on action-oriented field activities while ensuring synergies and complementation of existing cooperation, regional and international organizations. Of the 11 Asian countries that have signed the agreement, five have already submitted their ratification and depositary. This brought the agreement into force on April 27. Aside from the Philippines and South Korea, other Asian nations that

ph signs regional pact for forest cooperation in seoulsigned the forest cooperation agreement are Timor-Leste, Indonesia, Bhutan,

Vietnam, Cambodia, Brunei Darussalam, Myanmar, Mongolia and Laos.

hikes/PAGE 8

MON-TUE|JUNE 25-26, 2018

Advertising and EditorialE-mail : [email protected] nos. : 0917-7121424 • 0947-8935776 Banking&Finance 7

A 100 peso can create bags with school supplies for young students who are eager to go to school.

A 100 peso can allow young students to explore the world through books and novels.

A 100 peso can discover talents, personalities, characters and ethics in the world that we live in.

Learn the value of childhood and education because our roots of success started with that.

Let them have that too.

Donate Php100.00 and let the children of SNP begin their journey to success!

Should you have any concerns or feedback, please feel free to contact any Rotaractors from our club or PM us

for more details.

You can also deposit your pledge through any CHINABANK branch:

Account Name: Rotaract Club of Carmen ValleyAccount No.: 116100001908

Together, we can build a brighter future for the children.

#CarmenValleyExperience#BagToSchoolYear4

Do more with a 100!

AN economist from the Manila office of Dutch banking group ING expects that the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) will implement two policy interest rate increases next year, particularly aimed at taming the peso’s depreciation.

Japan plans to provide 42.48-B yen loan to PHJAPAN plans to

provide official development

assistance (oDA) loans of up to 42.48 billion yen (about P20.6 billion) for two infrastructure projects, including upgrading the Metro Rail Transit (MRT) 3 railway in Manila, as it strongly supports the sustainable economic development of the Philippines. Japanese Foreign Minister Taro Kono expressed his country’s intention to extend ODA loan financing, subject to the necessary Japanese and Philippine governments’ approval processes for the projects, during the Japan-Philippines Foreign Ministers’ Meeting held Wednesday in Tokyo. Kono bared planned

total loan provision of up to 38.101 billion Japanese yen for the MRT Line 3 Rehabilitation Project, and provision of up to 4.376 billion yen for the New Bohol Airport Construction and Sustainable Environment Protection Project, to Philippine Foreign Affairs Secretary Alan Peter Cayetano. “Based on this pledge, the Government of Japan and the Government of the Philippines are scheduled to sign exchange of notes concerning the yen loans in the future,” the Ministry of Foreign Affairs (MOFA) of Japan said in a statement. In response to a request from the Philippine government, Japan will provide the

funds necessary to rehabilitate the MRT Line-3, the 17-kilometer train running the stretch of EDSA with a total of 13 stations. Japan will utilize its technology to upgrade the line to quality infrastructure, thereby improving the safety and comfort of the railway. “It is expected that due to the rehabilitation of the MRT 3 Line, approximately twice as many trains as currently will run appropriately by 2022 (two years after the completion of the project), greatly improving their transport volume, alleviating the serious traffic congestion in Metro Manila, and contributing to the alleviation of air pollution and climate change,” it

said. Likewise, Japan offered additional funds for construction of a new airport in Bohol province in a bid to handle the increasing passenger numbers. “It is expected that due to the construction of the new Bohol airport, the province will be able to handle nearly three times as many aircraft arrivals and departures as before, improving the convenience and safety of air transportation, and contributing to the revitalization and sustainable growth of the region,” added the MOFA of Japan. During the fifth meeting of the Japan-Philippines Joint Committee on Infrastructure

Development and Economic Cooperation also held Wednesday in Tokyo, participants from two countries discussed approaches to cooperating in order to resolve the major challenges the Philippines is addressing. These include also the rehabilitation of the MRT-3 Line, the Metro Manila subway project, and other infrastructure development projects, as well as assistance to development in Mindanao based on progress of the peace process. Infrastructure development in Metro Manila and the regions is among the major fields of cooperation identified under Japan-Philippines joint statement on bilateral cooperation for the next five years.

In the joint statement issued during the visit of President Rodrigo Duterte to Japan last October, the Japanese government would strongly support the sustainable economic development of the Philippines by extending quality infrastructure assistance, utilizing its funding and technology to the maximum extent, for developments under “Build, Build, Build” infrastructure program. Other fields of cooperation between the two countries include energy, creation of employment and improvement of living standards, Mindanao, public safety, information and communications, environment, agriculture, and disaster risk reduction. (PNA)

BPI sets up $2-B medium-term note programAYALA-led Bank of the Philippine Islands (BPI) has successfully established its medium-term note program amounting up to $2 billion, or its equivalent in other currencies, meant to fund operations. “The Programme, which is expected to be listed on the Singapore

Exchange Securities Trading Limited, is part of the Bank’s initiatives to maximize flexibility in accessing funding expediently,” BPI said in a disclosure to the stock exchange Friday. BPI Capital was appointed sole global coordinator and lead arranger for the program, while Deutsche Bank,

HSBC, and J.P. Morgan were appointed joint lead arrangers. The BPI is intensifying its digitalization efforts to bring innovative services to existing and future clients, and support rapid growth. About 36 percent of its clients access the bank via digital banking

channels, particularly the website and mobile app. This percentage grows to 66 percent if automated teller machine (ATM) and cash acceptance machines (CAM) channels are included. BPI aims to double the percentage of clients using its electronic channels in five years. (PNA)

Further rate hikes seen to ease peso depreciation

“We think another rate hike is possible later this year and two more in 2019 to moderate the peso’s depreciation back to around 2 percent in 2019,” ING Bank Manila Senior Economist Joey Cuyegkeng said. On Wednesday, key

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MON-TUE|JUNE 25-26, 20188

Republic of the PhilippinesAUTONOMOUS REGION IN MUSLIM MINDANAO

Province of Lan Del SurMUNICIPALITY OF MASIU

office of the Municipal ciVil registrar

notice of publication

In compliance with the section 5 of R.A. 10172 a notice is hereby served to the public that sitttie noor l. pangandaMan has filed with this office a petition to the clerical error in the entry of the child SEX from Male to female and the July to Seven in the certificate of live birth of sittie hania lawi pangandaMan who was born on July 6, 1999 in Masiu lanao del sur and whose parents are sittie noor l. pangandaMan and MaMalakat c. pangandaMan. Any person adversely affected by said petition may file his written opposition with this office not later than _____ 2018.

(sgd.) aMron d. Macabangkit Municipal Civil RegistrarBWM: June 25 & July 2, 2018

Teachers require to acquire 21st centur y sk i l l s in technology. It is very vital to be technology literate in order to be more productive, more competitive, more creative, more effective and more efficient in different areas of our lives. 21st century skills refers to the knowledge and ability to know how to operate different technologies and apply it in the teaching learning process . This includes also the four critical areas for development; Creativity, Collaboration, Teamwork and Imagination. Teachers should know how to adapt in the development of teaching technology because students nowadays are called Millennials who

are knowledgeable and advance in terms of operating different technologies and social media. Learning is as borderless as Information a n d C o m m u n i c a t i o n Technology. Educators must know how to adapt with technological changes. If one school doesn’t have ICT, that school will be left behind. Technology is evolving. The technology that teachers have right now may not be the same technology that the students are using. Teachers must be equipped with technological ideas and skills. With proper guidance and closed monitoring of the usage of technology, teachers and students will enjoy the teaching-learning process.

I n f o r m a t i o n a n d Communication Technology (ICT) has a big part in education. Teachers will make use of technology in imparting knowledge to the students. However, teachers must be aware of the pros and cons of applying technology in the teaching learning process. Teachers must alter students’ perception of the real world. With Information a n d C o m m u n i c a t i o n Technology, teacher can alter the way students think. The teacher must be careful in giving the right site to the students. Teachers should educate the students the right website like educational website or articles that has .org, .edu, .com, and .pdf. in order to have an effective

and efficient learning. All the sources to be used must be relevant to the lesson. Teachers should also manage the time spend in the internet usage. They have to acquaint the students with digital skills or 21st century skills with proper guidance and closed monitoring. Teachers should use technology as a partner or tool and apply it to make the teaching learning process more fun, more creative and more interactive. Indeed, the need for ICT is very important in competing to the real world. To be technology literate, one must acquire the 21st century skills and be equipped with trainings that can help in enhancing the skills.

ICT in 21st CenturyLADY VYNN U. GODINEZ

ERRATUM

In connec t ion w i th the OFFICE OF THE E X E C U T I V E J U D G E , published on May 18, 25 & June 1 ,2018 2018, the correct name is Roberto F. Peñalosa not as published on the first issue.

OUR APOLOGY

BWM: June 25, 2018

Problems...from page 4

Instagram accounts also on June 21, 2018, I likewise showed the pictures I took of the electric wires of the Manila Electric Company (Meralco) that literally look like spaghetti noodles which were intertwined and tied around each other, also in Manila. If we look closely at the spaghetti noodles look-alike that are the electric wires of Meralco, we will not fail to realize that destructive fires could easily result from them. Sights like these are no longer extra-ordinary. The question is, with its rates being increased on a dizzying speed and frequency almost monthly, cannot Meralco spend a little more for better connections? Then, there is one other thing many Metro Manila residents cannot also understand: why is Meralco refusing to connect residents who would want to avail of its electric service? Is it because of the fact that Meralco is a monopoly?

-ooo- F O R Q U E S T I O N S , REACTIONS: If anyone would like to ask me any question about what the burning issues of the day mean, or what we have discussed here, or to consult on any problem, whatever it maybe, please call 0917 984 24 68, or email me at [email protected], or post your concerns at w w w. faceb o ok .com/attybatas. Promise, I will answer right away. Thank God in the Name of Jesus, Amen!

melaniomaur ic iojr ) on June 21, 2018 will show, the failure and utter inability of Manila to collect the garbage and the trash that literally adorn (or perhaps, more appropriately, give a black eye to) many of its streets and public places is unmistakable. Undeniably, for the last five years or so, Manila has become a city of trash, garbage, and rubbish. And if we think about i t more s er ious ly, t he uncollected garbage, when viewed side-by-side with Manila residents who sleep on the city’s streets, on its sidewalks, under its bridges and other public parks and places like Liwasang Bonifacio and Luneta, paints an undeniable and strongly fearsome reality of Manila being a city of decay likewise.

-ooo- W I T H I T S H I G H E L E C T R I C R A T E S , MERALCO HAS NO MONEY TO P U T U P B E T T E R WIRE CONNECTIONS? In another post I made in my Facebook, Twitter and

Capacity...from page 5

Launch...from page 5

T h e c o m p a ny a l s o remained resilient amid last year’s tighter competition in the industry, as it posted PHP14.27 billion in net sales, a 12-percent jump from 2016. (PNA)

Filipino brands, that its new smartphones will now carry MyBarko mobile application, where phone users can buy local products online. Lim said quality Filipino brands can of fer their products and services in MyBarko without MyPhone charging merchants for their brand’s placement in the platform. He said some 50 local brands will be available initially during its launch in July. “We envision our portal design for the young. It’s very millennial,” he added. He m e nt i on e d t h at MyBarko will also help business start-ups to promote their brands both in the local and global market. Lim said the MyPhone is selling up to six million units a year in the past five years. The company is now bringing the Filipino brand phone in Hong Kong, Macau, and Singapore where there are lots of overseas Filipinos through its new start-up Brown and Proud. Meanwhile, the executive said MyPhone wi l l b e expanding its product by offering smartphones with higher specs and at higher prices, apart from entry-level units. (PNA)

Hikes...from page 7

remained elevated for this year. BSP Nestor Espenilla Jr. said with this policy action by the MB, price pressures are expected to slow down this year, while pulling the inflation rate back to the 2 to 4 percent target for next year. As inflation is expected to s tabi l i ze next year, Cuyegkeng noted that the possible interest rate hikes in 2019 will be targeting the local currency, which is now hitting the PHP53-to-a-dollar level. “The peso is likely to remain under pressure for v ar i ous re as ons – d e te r i or at i ng e x te r n a l payment balances, strong fiscal stimulus on top of favourable household and business spending and emerging market-negative exter na l de ve lopments including a faster pace of US monetary tightening and trade fears,” the ING Bank’s economist noted. He mentioned that the Philippine peso has been the worst performing currency in Asia, with year-to-date loss of 7 percent. The peso is also trading at a 12-year low. “Although the pass-through impact of inflation has moderated over the past decade, a significant depreciation still contributes to inflation pressures and fuels concern of inflation remaining at elevated levels,” said Cuyegkeng. “However, the central bank’s hawkish tendency would be needed as emerging market sentiment remains weak and US monetary t i g h t e n i n g c o n t i n u e s with added pressure on moderating global liquidity in the next few years,” he added, noting that further policy tightening will help contain such concerns. (PNA)

interest rates were further hiked by 25 basis points as the policy-making MB sees inflation expectations

TUESDAY|JUNE 26, 2018

Advertising and EditorialE-mail : [email protected] nos. : 0917-7121424 • 0947-8935776 BiLLBoard 9

VILLA MARGARITA HOTELJ. P Laurel Avenue, Bajada, Davao City, PhilippinesTel. No.: (082) 221-5674 / Fax No. (082) 226-2968

MICROTELBy Wyndham Davao Damosa Gateway Complex

Angliongto Rd., Lanang Davao City 8000, Philippines Tel +63 82 233 2333 / Mobile +63 917 795 3548

www.microtelphilippines.com

PINNACLE HOTELSta. Ana Avenue, Davao City.

No. (082) 300-5885 Telefax: 300-1881/ 221-3025 Website: www.thepinnaclehotel.com

ALU HOTELM. Roxas Avenue corner Padre Faura Street, Davao City.

Tel No (63 82) 221-5232 / Mobile (O943) 652 3927 Email: [email protected]

[email protected] / www.alu-hotel.com

GRAND REGALKm 7 Lanang, Davao City, Philippines

Tel. 235-0888 / Fax 235-2335 email: grandregalhotelegmail.com

VIAJEROS ECONOMY HOTELPatnubay St., Sandawa, Matina, D.C

Tel. No. 297-5710 / Telefax (6382) 298-5134Mobile: 0922.-8268425

Website: www.viajeroseconomyinn.com

ROYAL MANDAYA HOTELJ.Palma Gil St., Davao City 8000 Phils.

Tel. No. (082) 225-8888 / fax No. (082) 225-1885 [email protected]

HOMITORIBangoy Street corner Santa Ana Avenue, Davao City

Tel. No. (082) 295-2969 & 295-2471 / Mobile: (0922) 8994646 Email: [email protected] or

Like us on www.facebook.com/pages/Homitori-Davao

BIG APPLE HOTELBrgy. Angliongto, Lanang, D.C.Hotline Nos.: (082) 234-8459

Facebook account: [email protected]: [email protected]

THE PERIDOT SUITESCarmelite Drive, Lanang, Davao City

Tel. no.: (082) 305-6530 / Fax no.: (082) 305-38I2Email: [email protected]

AZIENDA MEO APARTELLE

11 Corner Pioneer and Doña Vicenta Village, Phase 1, Davao CityTelefax. No: (082) 227-4119 & 284-6689

Cell Phone No. 09256652626 Website: www.aziendameo.com

Email Add: [email protected]

BIG 8 CORPORATE HOTELVisayan Village, National Highway, Tagum City

Mobile nos. 09173029063 & 09328539372Tel. No.: (084)216-0888

Email: [email protected]/big8corporatehotel.com

www.big8corporatehotel.com

HOTEL ELENAAvenida Santos Ave., Nova Tierra Vill, Lanang, D.C

Tel. Nos. (082) 233-1941 & 305.8799 / fax No. (082) 233-1887

PARADISE ISLANDTel. No. (082) 233-0251 & 300-2343 / CP No.: 09209546780

E-mail: [email protected]

MARCO POLO DAVAOC.M Recto St., Davao City

[email protected]

(63 82) 221-0888

HOTEL ESSEBrgy. 9-A F Torres Street, Davao City

Hotline: No: 227-37-73 / Fax: 295-34-85 Website: www.hotelessedavao.com.ph

Email Add: [email protected]

RUEMANGO APARTELLE & SUITES516 Mangga St., Juna Subd., Matina, Davao City

[email protected]

Tel. Nos.: (082) 295-7175/ 295-7180

HoTELS & RESoRTSDIRECTORIES

When you’re in Davao City, Read:StreetBy: A Mobile App,An online business toolOUR customers

have changed the way they

search, communicate and transact due to the rapid growth of online services. Much has been said about the Philippines, 29% of the population out of 30.3 million citizens are purchasing online in the past year. In fact, total revenue of businesses selling online in 2017 is projected to reach an estimated Php 59.7 Billion. It’s high time for the brick and mortar to include the wonders of technology to their block. Here at Agila Innovations, we’re hearing out and we’re supporting businesses as they thrive in their respective industries. We’re bringing the value of the online marketplace closer to the hands of the business’ regular and potential customers and let these users be able to browse up to the point of buying. Bringing together the efficiency of technology, emerging variety of local businesses, and growing online users, StreetBy, the total lifestyle app, is making online experience… well,turn out to be a lot of ways you wouldn’t have even thought of.

So, what does this total lifestyle app do? With StreetBy, you’ll discover places and experience products and services you never knew were just around the corner. You can browse your city through your fingertips, select your chosen point of interest, or book your order at your own time, at your own convenience. Make it easy as well with cashless transactions thru your credit card or the StreetBy Wallet, and indulge yourself together with your earned reward points that can be used for your next purchase. No time to go outside? No worries. StreetBy offers door-to-door delivery service whether you’re up for for food and drinks, or need some package to send off to someone. StreetBy partners with hundreds of merchants including your favorites. Hotels, Restaurants, Spas, Adventure Parks, and whole lot more. Empowering customers to experience the ideal lifestyle they are looking for. And it’s not just the customers seeing the benefits. We’re creating it for you, entrepreneurs and innovators, to manage every aspect of your business. Monitor

The FJ School of Performing Arts holds a recital for its students who trained last summer in various dance forms. The recital, which was held at Limketkai Center in Cagayan de Oro City last Sunday, was the culminating activity. photo by mark francisco

your sales, sell your worth-the-try products, publish your discount offers and promotions, and check out your customers – discover their favorites and their interests. All this information is made accessible to you, to create targeted and personalized treats for your customers. StreetBy Provider Solution will seal the deal in providing a whole new level of business insights with convenience. With rewards that drive loyalty and excellent customer experience, StreetBy will ensure that the growing number of users will happily repeat transacting from your store – and all these happen right through their smartphones.

At StreetBy, we’re helping businesses create a faster, easier, and better engagement for the best lifestyle we have aimed to provide. Our technology is revolutionizing the local community and driving an exceptional level of service and quality that will surprise and delight customers, drive store visits, increase sales, and provide merchants the solution they need to deliver world-class customer experience. All these we strive to achieve for you to be part of our journey in being the recognized lifestyle platform leader. StreetBy. Home for travelers, l ifestyle for locals. By Agila Innovations.

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Contact nos. : 0917-7121424 • 0947-8935776TUESDAY|JUNE 26, 2018 10

CAGAYAN DE ORO MAIN BRANCHP & J Lim Bldg., Tiano Brothers

Kalambagohan Sts.,Tel. # (08822) 727-829 *Telefax # (088) 856-1947

CAMIGUIN BRANCH B. Aranas St., Poblacion, Mambajao,

Camiguin Tel. # (088) 387-0491

CORRALES BRANCH Corrales Ave., Cagayan de Oro City

DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A.

Velez St., Cagayan de Oro City Tel. # (088) 857-3631

LAPASAN BRANCH Lapasan Hi-way, Cagayan de Oro City

Tel. # (088) 231-6739

CARMEN BRANCHVamenta Blvd., Cagayan de Oro City

Tel. # (088) 231-2011

CDO MAIN BRANCHP & J Lim Bldg., Tiano Brothers Kalambagohan Sts.,Tel. # (08822) 727-829 *Telefax # (088) 856-1947

CAMIGUIN BRANCH B. Aranas St., Poblacion,Mambajao, CamiguinTel. # (088) 387-0491

CORRALES BRANCH Corrales Ave.,Cagayan de Oro City

DIVISORIA BRANCH Atty. Erasmo B. Damasing Bldg., #61 Don A. Velez St.,Cagayan de Oro City Tel. # (088) 857-3631

LAPASAN BRANCH Lapasan Hi-way,Cagayan de Oro CityTel. # (088) 231-6739

CARMEN BRANCHVamenta Blvd.,Cagayan de Oro CityTel. # (088) 231-2011

Advertising and EditorialE-mail : [email protected] nos. : 0917-7121424 • 0947-8935776MON-TUE|JUNE 25-26, 2018 11Railway...from page 1

Rice...from page 1

Bidding...from page 1

system, and it will be the same (train from) Davao-Tagum-Digos all the way to Surigao to the other areas of Mindanao,” he said. The MRS, which could break ground before the end of the year, will be funded through official development assistance (ODA) from the Chinese government. Meanwhile, Mr. Alonto said MinDA is set to present before the Cabinet in July the long-standing proposal to create a body that will manage the Davao International Airport (DIA). “We will also push for the immediate approval for that Davao International Airport Authority,” he said, noting that the rehabilitation and expansion of the facility is crucial to improving connectivity. The DCCCII has been pushing for the establishment of the airpor t agenc y, which would be similar to those handling the Mactan International Airport in Cebu and the Ninoy Aquino International Airport in Metro Manila. Mr. Mi lan s aid t he establishment of such a management body wi l l allow the airport to become autonomous from the Civil Av i at ion Aut hor i t y of the Philippines (CAAP), which handles 86 airports nationwide, including 15 in major cities. Mr. Mi lan s aid t he argument that CAAP would lose a significant source of revenue if the DIA is taken out of its jurisdiction is unsound. The Davao airport should not subsidize other airports, he said, because “that is the role of government (which provides the budget for CAAP).” “You should not penalize an airport that is efficient in making money ; you deprive them of their growth and (ability to f inance) modernization,” he added. A proposal for the creation of a Davao airport authority has been pending before Congress since the early 2000s.

containing 7,700 metric tons or 154,000 bags, and MV Hai Ha, loaded with 3,700 metric tons or 74,000 bags. The 320,000 bags for Northern Mindanao and Marawi form part of the 250,000 metric tons of imported rice purchased under the government-to-government procurement scheme, which was awarded to Vietnam and Thailand, Belacho said. As of Friday, June 22, all the 92,000 bags are now stored at the NFA warehouse in Baloy, Barangay Tablon, this city, and ready for distribution to the region’s five provinces, she said. The second batch of imported rice, about 100,000 bags, will arrive sometime August to replenish the agency’s stock in time for the “lean” months where rice

According to him, the suggested retail price for a Gillette Vector razor was set at P2,000 by the DepEd national office. The price went down to P1,878 per item after a bidding was conducted, he said. At Gillette’s official store webpage on the popular online shopping site Lazada, razors of varying models are priced between P199 and P732, with extra blade refills. The Vector model is not available on the site or on any local online shop but at AliExpress, a popular Chinese online retail giant, that variant only costs $6.25 each (P332 at current exchange rate). Farnazo, however, insisted that the role of the DepEd regional office was just to facilitate the bid and ensure that the bidders comply with the requisites set by the national office. He said the price for the razor was dictated by DepEd Manila. “The items to be procured were to be chosen from the TVL Tools and Equipment D at ab as e prov i d e d by (DepEd) Central Office, which contained the technical specifications, estimated cost (for some items) and product ID number,” Farnazo said in a press statement released on Wednesday. F a r n a z o m a d e t h e clarification after the principal of a public secondary school in the city complained to a radio station that the razors she received were not what she expected. He said the principal should not have received the items if she believed that they did not comply with the specifications. Farnazo explained that the razors were just among the several school supplies bid out based on the needs of beneficiary schools. For that particular set of supplies worth P9 million, the agency declared the Davao City-based company NR Eustaquio Enterprises, Inc. (NREEI) as the winning bidder. The 13 pieces of razors, worth P24,414, were part of the items provided by the bidder, the DepEd-10 official said. Prior to NREEI winning the bidding, Farnazo said they had to conduct it twice, “because not all items were quoted upon by the interested bidders in the first round of bidding, and awarded based on the lowest responsive bid.” DepEd-10 decided to award NREEI through a negotiated contract on June 27, 2015. Still, Farnazo said that his office has yet to pay the suppliers for the items and maintained that “no payment will be made for items that are found to be not in accordance with the required specifications.” (PNA)

is scarce. She said the NFA has reminded consumers that the rice they are selling through their authorized retailers are sold at P27 and P32 per kilo.

Republic of the PhilippinesREGIONAL TRIAL COURT OF MISAMIS ORIENTAL

10TH Judicial RegionBranch 43

Gingoog City

office of the clerk of court & eX-officio sheriff

notice of eXtra-Judicial salefile no. 232-2018

Upon Extra-Judicial Petition for sale under Act 3135 as amended by Act 4118, filed by CANTILAN BANK, INC. , with office address at Villahermosa Bldg. Veterans St., Brgy. 17 Gingoog City, against SPS. ROXANNE J. MONTOJO AND ALFONSO P. MONTOJO, and a residents of Doña Graciana St. Brgy. 22-A, Gingoog City, Misamis Oriental, to satisfy the Mortgagee indebtedness which as of May 24, 2018 have amounted to SEVEN HUNDRED ELEVEN THOUSAND TWO HUNDRED EIGHT PESOS & 26/100 (Php 711,208.26) inclusive of penalties and other charges, exclusive 10% of the total amount of indebtedness as Attorney’s fees and foreclosure expenses and other fees incurred in the foreclosure proceedings, the undersigned Sheriff will sell at public auction to the highest bidder for CASH on July 30, 2018 at 9:00 o’clock in the morning to 4:00 o’clock in the afternoon at the Office of the Clerk of Court, Regional Trial Court, Dugenio St., Gingoog City, the following properties with all the improvements existing thereon, to wit:

transfer certificate of title no. t-17423

A PARCEL OF LAND coved by Transfer Certificate of title No. T-17423, TDN F-009564, designated as Lot No. 2-J, Psd-10-046918, being a portion of Lot No. 2, Pcs-10-002952, bounded on the SW Along line 1-2 by Lot 2K, NW., along line 2-3 by Lot 2-M, (ROAD 4.00 M.) NE., along line 3-4 by Lot 2-I, SE., along line 4-5 by Lot 2-H Along line 5-1 by Lot 2-C, all of the subd, plan Psd-10-046918. Begin-Ning from a point mark ‘’1’’ on the plan beng S. 08. Deg., 55’E 1701.42 M. from BLLM Noo. 1, Cad-295, Gingoog Cadastre, THENCE N., 29 deg., W., 33.27M. to point 2; N., 62deg., 32’E., 18.04M. To point 3; S., 29 deg., 23’E., 33.27M. to point 4; S., deg., 34’W.,1.48 M. to point 5, S., 62 deg., 32’W., 16.27 M. to point 1, with total Land area of SIX HUNDRED (600) sq. meters, more or less. And Registered in the name of ALFONSO P. MONTOJO married to ROXANNE J. MONTOJO, situated at Poblacion, City of Gingoog, Island of Mindanao, is not subject of any lien or prior mortgage. All sealed bids must be submitted to the undersigned on the above stated date and time. In the event the public auction should not take place on the said date. It shall be held on the next working day without further notice, posting and republication

The prospective buyer/s may investigate for themselves the title of the herein described property/properties and the encumbrances thereon, if any there be.

Gingoog City this 30th day of May 2018.

FOR THE EX-OFFICE SHERIFF BY:

(SGD.) FLORA C. PEREZ Sheriff IV RTC-Branch 43 Gingoog City

BWM: June 11, 18 & 25, 2018

DOLE...from page 2

Support...from page 2

service in their assigned government offices. Their tour of duty started June 1 and will end on October 31, 2018. Early last month, DOLE Bukidnon organized a series of orientations on GIP in Valencia City and in Kalilangan and Pangantucan towns—all in Bukidnon province’s 4th District—to inform qualified interns on the rationale of the program, the required documents, including their duties and functions. These DOLE-GIP’s 202 beneficiaries will also be engaged in research as they are tasked to provide more information on the profile of skilled workers, child laborers, and encoding of the registrants in Skills Registry System. They are also tasked to compliment the host office’s manpower, engage in non-highly technical functions, and work as office aides. (DOLE-10 Bukidnon PFO/PIA Bukidnon)

providing livelihood options for local farmers and aspiring agri-entrepreneurs. Inste ad, we a im to grow and develop with our partners by consistently and continuously providing guidance and solutions to ensure the sustainability of their growing agribusiness.” Meanwhile, the Negosyo Center in Misamis Occidental served as host for the one-day trade exposition, which offered attendees a chance to sample homegrown products, interact and engage with local exhibitors and gain access to free seminars on proper livestock raising and management, baking, and micro-financing. Pagkaing Atin Ambassador Chef Boy Logro came and showcased different food flavors of the Philippines using pork, chicken, and eggs. Since 2014, the program has given away a total of 61 bakery starter kits, 411 egg laying machines and 988 piglets to 874 beneficiaries in different provinces all with the purpose of pushing the development of communities through viable agri-business ventures for the noble farmer. L au n c h e d i n 2 0 1 4 , Mahalin Pagkaing Atin aims to promote sustainable livelihood through local produce and instill a “pride of product, pride of place” mindset for both farmers and local consumers. With its primary objective to “create a venue that celebrates local businesses and inspires the next generation of agri-entrepreneurs,” the one-day exposition gathered farmers, existing and aspiring agri-entrepreneurs and baking enthusiasts where they were given access to free training essential to starting a business and a chance to interact, engage and form partnerships with exhibitors. (Shaine Mae R. Nagtalon/PIA Misamis Occidental)

Juggler...from page 4

Floods...from page 4with hunger. Mindanao has the highest poverty incidence of 23 percent. But despite the corruption, threat, killings, and poverty Mindanaoans face, they remain to be strong and resilient people as it were. Sadly, all we hear for now are endless debates on federalism and political alignments like this week’s unification campaign in Cagayan de Oro of Davao City Mayor Sara Duterte for her Hugpong Pagbabago Political Party. Moreover, the “build, bui ld , bui ld” program continues to hound the ordinary Mindanaoans, ever

though our Maker has clearly shown us that the only way to really live successfully is His way. The only way to stay satisfied and safe is the way Jesus Christ showed us. Yet, we keep juggling with our own priceless life just one more day. But we never know when our life will suddenly end—and we will have lost our eternal life and suffer forever. Friend, for your own sake and happiness, why not ask Jesus to forgive you for all your wrongs and living your own way? Then ask Him to give you His power so you can start changing to live His way every day of your life—before it’s too late. Just Think a Minute …

Bunye...from page 4 But Senior Associate Justice Antonio T. Carpio pre-empted everybody by declaring he would decline any nomination to the job. Carpio twice served as Acting Chief Justice, in the aftermath of the Corona

hopeful that pretty soon, Duterte, shall be able to deliver his campaign promise – that of making Mindanao a land of endless opportunities. For now, it is stalled opportunities for Mindanao. ([email protected])

impeachment and after the ouster of former CJ Sereno. Justice Carpio is best known for his advocacy to protect and preserve Philippine territorial and m a r i t i m e s o v e r e i g n t y specifically in the West Philippine Sea. One of the dissenters in the Sereno Quo Warranto case, Carpio nevertheless was among the first to urge everyone to respect the high court verdict. Note: You may email us at [email protected]. You may also “like” us at Facebook at “Speaking Out”.

Republic of the PhilippinesAUTONOMOUS REGION IN MUSLIM MINDANAO

Province of Lan Del SurMUNICIPALITY OF MASIU

office of the Municipal ciVil registrar

notice of publication

In compliance with the section 5 of R.A. 10172 a notice is hereby served to the public that sofia aliMatar robin has filed with this office a petition to the clerical error in the entry of the child SEX from Male to female and full name from robin sofia aliMatar to sofia aliMatar robin in the certificate of live birth of robin sofia aliMatar who was born august 29, 2000 in Masiu lanao del sur and whose parents are rohaina binolawan aliMatar and robin cawali Mangondato. Any person adversely affected by said petition may file his written opposition with this office not later than _____ 2018.

(sgd.) aMron d. Macabangkit Municipal Civil RegistrarBWM: June 25 & July 2, 2018

www.businessweekmindanao.com 12Monday|June 25, 2018Editor: Ruffy Magbanua

BusinessWeekMINDANAO movers & shakers

C R E D I B L E R E L I A B L E I N - D E P T H

Press(AFP) among others Ritchie, as close friends fondly call him, embraced all the risks by taking the road less travelled, all by himself, with nothing but his stamina to make things happen no matter what. True enough, he ventured into the world of business, onward to finding his niche of doing entrepreneurial experiments in many ways, that later landed him to where he is now – a businessman cum sports enthusiast and self-styled artist, all rolled into one. To prove his worth as an artist, he recently launched his first one-man painting exhibit at Ketkai Mall aptly title ‘Viaje Al Ceste’ (Journey

to the West) featuring his paintings of the Wild, Wild West. A philanthropist by his own standard, Ritchie is consistent in sharing his blessings to where he belongs – the Cagayan de Oro Press Club where he currently serves as the Executive Vice President. Ritchie is also into civic involvement having been served the Rotary Club of Metro Cagayan de Oro as president and the Fraternal Order of the Eagles as Director. Currently, he serves the following as President and CEO: NICA Communications Company, Merdeka Ruda Ventures, Mega Lighting and Design, and Sonrisa

RITCHIE SALLOMAN

From Reporter to entrepreneur

if THERE is one recognizable characteristic of

Ritchie Salloman, that is all about his resilience and the will to succeed in anything he does under the sun. This journalist-turned successful entrepreneur has an enduring spirit in running his own kind of business -- from the installation of street lights to managing the popular Sonrisa Vista Beach Resort at barangay Bayabas in Cagayan de Oro.

His charismatic and down-to-earth personality, dynamism, youthful energy, and enthusiasm make him a visionary in his own right. Ritchie has this fire in his belly that never ceases in his search for magical shortcuts to entrepreneurial success. From his modest beginnings as news correspondent of Manila-based national newspapers The Manila Times, Malaya, Philippine Daily Globe, United Press International (UPI) and Agence France

Vista Beach Resort. He has under his belt degrees in journalism and mass communication

obtained from the Ateneo de Zamboanga University and Liceo de Cagayan University, respectively.

in his own woRDsIf you are afraid of failure, you will never be able to launch a start-up