Business Week Mindanao (Dec 21-22, 2012)

Market Indicators

US$1 = P41.04 5,752.39 points

X

FOREX PHISIX

AS of 5:49 Pm dec. 19, 2012 (Wednesday)

115.80points

BrieflyP1.8-B tax collectionALL the revenue collection programs of the Bureau of Internal Revenue (BIR) in Region 10 are paying off, the National Economic and De-velopment Authority (NEDA) said Thursday. Data gathered by NEDA reveal that BIR had collected P1.8 billion in the third quarter of 2012, up by 24 percent from the P1.4 billion collected in the same period in 2011. Receipt from income taxes, which contributed about 65 percent of the total tax revenues, posted the highest growth of 26 percent reaching P1.175 billion. All other tax types also recorded double-digit col-lection increases.

Aqua-cultureTHE aquaculture industry in Northern Mindanao continues to grow, registering a five percent growth in the third quarter of 2012. Aquaculture produc-tion, which accounts for 53 percent of the total fishery production of the region, grew from 21,191 metric tons in last year’s third quarter to 22,184 metric tons in the same quarter this year. Brackish water was the major contributor to the in-dustry posting 11,353 metric tons or 51 percent, followed by seaweeds with 45 percent or 10,024 metric tons.

DestructionGovernor Rodolfo del Ro-sario has sought the aid of the national government agencies with the destruc-tion of Typhoon “Pablo” in his province now pegged at P7.643 billion. “The damage brought about by the typhoon is now estimated at P7.5 billion for crops and P143 million in infrastructures,” Del Rosario said. He said up to 15,000 hectares of farmland mostly banana-planted areas have been destroyed by the floods brought by the super ty-phoon.

P15.00Issue No. 141, Volume III • December 21-22, 2012Friday-SaturdayCagayan de Oro City

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UNcHANGedP-Noy signs P2-trillion nat’l budget for 2013

P2.O6-TRILLION BUDGET. President Benigno S. Aquino III signs into law Republic Act 10352, the P2.006-trillion General Appropriations Act (GAA) for Fiscal Year 2013, in a ceremony held in Malacañang on Wednesday.

PRESIDENT Benigno S. Aquino III led the ceremonial signing of the P2.006-trillion 2013 General Appro-

priations Act (GAA) in ceremonies held in Malacanang on Wednesday. Dubbed the Empow-erment Budget, the 2013 GAA was signed into law by President Aquino at the Rizal Ceremonial Hall of Malacanang Palace. The 2013 National Budget aims to give the Filipinos more opportunities for gov-

ernance engagement by in-vesting in strategic programs and projects that spotlight the citizens’ role as economic movers. Next year’s national bud-get is P2.006 trillion, about 10.5 percent higher than

OUTDOOR LIFESTYLE. Executives of Primer Group of Companies grace the opening of Recreational Outdoor Exchange (R.O.X) outlet at the Ayala Centrio Mall in Cagayan de Oro City. photo by bong fabe

Research agenda set for N. MindanaoBy MIKE BAÑOS, Correspondent Plan for Northern Mindanao,

the National Economic and Development Authority Re-gion 10 (NEDA-10) said.

FOUR STUDIES During the 2012 Research

ACADEME-based research will play a major role in the updating of the Medium Term Regional Development

Utilization Forum on Re-gional Development Studies held on Dec. 12, the academic community presented four studies for consideration.

R.O.X store promotes outdoor lifestyle in CdOBy BONG FABE, Correspondent lifestyle in this eco-tourism

hub of Northern Mindanao with the opening of its f lag-ship outdoor superstore,

THE Primer Group of Com-panies (Primer) is helping promote the healthy outdoor

BuDget/PAGE 7

AgenDA/PAGE 7

store/PAGE 7

Economy2 Friday - Saturday I Dec. 21-22, 2012 BusinessWeek www.businessweekmindanao.com


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* PICNIC GROUNDS PLAYGROUND * CAFE * LUGE * MINI GOLF ROOM

ACCOMODATIONS

South Cotabato’s SEA-K investment reaches P4.3MGENERAL Santos City -- The provincial gov-ernment of South Cotabato has so far released around P4.3 million worth of small livelihood grants this year under the Self-Employment Assistance-Kaunlaran or SEA-K program of the Department of Social Welfare and Devel-opment (DSWD).

within their communities. The beneficiaries selected their projects based on the available resources within their areas and the skills of their members, he said. The SEA-K program is a livelihood and capabil-ity buildinginitiative that is aimed at enhancing the socio-economic skills of poor families towards establishing and managing sustainable community-based credit organizations for entre-

South Cotabato Gov. Ar-thur Pingoy Jr. said Wednes-day such figure was based on the grant releases made by the local government in the past 11 months to 28 community-based associa-

tions within the province that had qualified to avail of the program. He said the grants were used by the beneficiaries in financing small entrepre-neurial projects or ventures

preneurial development, a briefer said. It also enables the poor to have access to credit, promote entrepreneurship, increase understanding on values of honest work, pay debts, have social respon-sibility and increase their income. In South Cotabato, Pin-goy said the program has continued to thrive due to the high repayment rate among the grant’s benefi-

ciaries. He said such accomplish-ment mainly encouraged the local government to sustain the program and even ex-pand its allotted grants. Pingoy said he is looking at raising more funds for the SEA-K South Cotabato Federation to allow their members expand their busi-nesses. He cited that the cur-rent P5,000 grant for each member could be raised

further through fund rais-ing activities like musical concerts. “We will help you in any way we can. All we ask of you is to be responsible with your obligations to your associa-tion,” he said in a gathering of SEA-K beneficiaries in Koronadal City. The gathering was part of the 13th Annual SEA-K Bazaar hosted by the pro-vincial government and the DSWD Region 12. (PNA)

Davao Oriental gears for agriculture rehab

By JEANEVIVE D. ABANGANContributor

This initiative came as Malanyaon pushed for im-mediate rehabilitation of l ivelihood of more than 47,000 internally displaced and affected residents who mostly are dependent on agriculture as their source of living. Meanwhile, Baganga in-cident commander Lt. Colo-nel Krishna Murti Mortela, aired the same intervention that could be appropriately be given to the town where Pablo made a landfall, af-fecting 19,533 families. In a press conference at Baganga Incident Command Post (ICP) in Baganga town, Davao Oriental, Mortela wel-

DAVAO Oriental -- Pro-vincial Gov. Corazon N. Malanyaon is gearing to-wards providing livelihood for residents affected by ty-phoon Pablo saying tractors and other agriculture farm machine will be arriving middle of December to start preparing ground-work for agriculture rehabilitation. In a press conference, she revealed the initiative of the Department of Agriculture (DA) to borrow from other LGUs some farm equipment which can be used to clear farm fields from debris lit-tered by Typhoon Pablo.

comed the donation of any kind of planting materials and vegetable seeds so “people can start producing food.” Reports from the Provin-cial Incident Command Post of Davao Oriental totaled damages to agriculture at P8,610,474,959. Of this P8.2 billion is the toll on crops; P296 million, livestock and poultry; P14.5 million, fish-eries; P17.7 million, post harvest facilities. Among the damaged crops, coconuts were se-verely affected, making up for more than P5.7 billion of the total crop damaged value while damaged to abaca was calculated at P1.05 billion.

Tourist arrivals to hike by 8% in Davao Region

By BEN D. ARCHECorrespondent

DAVAO City – The Depart-ment of Tourism in Region XI is expecting an increase in the number of tourists visiting the region from 5 to 8 percent this year. Arturo P. Boncato Jr., DOT-XI regional director said that the number of tour-ists this year would reach some 820,000 from 700,000 last year with Davao City as the main tourist destination in the region. Boncato recognizes the city as the key player in the tourism industry and the gateway to other tourist at-tractions in the region like Mt. Apo and the beach resorts in the Island Garden City of Samal. The influx of participants in several events held in the city like the Mindanao Banana Congress, Davao Investment Conference and Philconstruct Mindanao have contributed to the number of people visiting the city, Boncato said. Boncato added the pres-ence of several convention centers such as the SMX Davao Convention Center has helped the city to become destination for meetings, conference and exhibitions. The tourism off ice is expecting that more visitors will be coming next year with

tourIst/PAGE 7

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YOUR LOCAL ONLINE BUSINESS PAPERMINDANAO Motoring Friday - Saturday I Dec. 21-22, 2012

New D-Max, trucks next year

JAPANESE CAR MAKER Isuzu Philippines Corp. plans to launch new models of its pick-up and trucks next year, a senior com-pany official said over the weekend. Arthur A. Balmadrid, Isuzu Philippines vice-president for the Corporate Business Division, said in a telephone interview that the new “D-Max pick-up, which was already launched in Thailand, will also be released in the Philippines but late next year because demand in Thailand is still high and they still have a backlog.” He added the D-Max will be manufactured in

the country with parts from Thailand. The firm will also re-lease new truck models next year in hopes of at-tracting customers from the second-hand market. “We will be releasing two new models of trucks but these are big trucks. One, the FRR, will be released early next year in the first quarter. The selling point is that it has a more reasonable price. The second one is the GVR and will be in the second half of the year,” said Mr. Balmadrid. He told reporters last Dec. 10 that Isuzu may not meet its 13,000-unit

sales target this year due to supply shortages in the first half in the wake of damage from Japan’s earthquake and tsunami and Thailand’s f loods in 2011. But it still expects sales to grow by 22.4% to 12,000 units by yearend from 9,800 vehicles in 2011 as supply from Japan and Thailand normalize and on the back of sustained strong consumer demand in the Philippines. Isuzu, which makes the Crosswind, D-Max and trucks locally, will keep a 13,000 target for 2013, Mr. Balmadrid had said earlier.

Corporate.World4 Friday - Saturday I Dec. 21-22, 2012 BusinessWeek www.businessweekmindanao.com


Inspired by the statement given by Department of Trade and Industry (DTI) Secretary Gregory Domingo during the National Coco Coir Summit held in Davao City last year, a lawmaker is strongly pushing to make the Philippine coco coir industry, locally known as “bunot” a priority program of the government. Rep. Sharon Garin said the coco coir industry can provide more job opportunities in the country-side and only needs to maximize the potentials of the industry and address the gaps. Garin said it was projected that the Philippine export earnings for coco products can reach as much as US$6.53 million by 2016 from US$1.1 million in 2008 as base year (25% average annual growth rate). “Locally known as “bunot,” coco coir is touted as the ‘golden fiber’ that gives hope and holds much promise for our coconut farmers especially with their coconut trees ageing,” Garin said. Garin added that not only could it be used as an excellent planting medium additive that could fertil-ize an otherwise degraded soil, coco coir could also be used as insulation, carpet, car seat stuffing, mat, upholstery cushion, rope and cordage, fishing net, f looring material, filtration pads, mattress fiber, pot liner, brush, erosion control and many other uses waiting in the wings. Garin said no less than President Benigno S. Aquino expressed enthusiasm about the use of coco coir during his State of the Nation Address last July 2012, stating that the country should not waste the opportunity of its high export demand. In response to the growing demand for coconut coir, Garin said the government aims to invest in 2013 a total of P1.75 billion to further develop the coconut industry as well as provide countryside development and employment generation. Under the measure to be known as the “Philippine Coco Coir Industry Development Act of 2012,” the Philippine Coco Coir Industry Development Council (PCCIDC) is created to formulate a ten-year Plan for Development which shall serve as guide to the formulation and implementation of plans, projects, programs and policies for the scientific propagation, processing, utilization and business development of coco coir as prescribed under the Philippine Coco Coir Industry Development Plan. The Department of Environment and Natural Resources (DENR), Philippine Coconut Authority (PCA) and the Department of Science and Technol-ogy (DOST) are mandated to undertake research and development of efficient, effective and affordable technologies (process, machinery and equipment) for other high-value coco coir products and facilitate promotion and transfer of such technologies. Likewise, the Department of Public Works and Highways (DPWH) is directed to create a domestic demand for coco coir by requiring the use/applica-tion of coco nets in road and related infrastructure projects for erosion control. An initial amount of P30 million is allotted for the propagation, production, processing, marketing and distribution of the Philippine coco coir to be placed under the Philippine Coco Coir Development Fund (PCCDF). (30) lvc

LANAO DEL NORTE,- The National Grid Corporation of the Philippines (NCP) recently upgraded its con-trol system for the Balo-i Substation in Lanao del Norte in a move to increase the reliability of the entire Mindanao Grid. Since NGCP and its tech-nical partner State Grid Cor-

Controversy of automated poll firms feared to affect May 2013 elections

MANILA - Lawmakers are worried that the legal cases between the two companies which engaged in automated voting equipment deal with Comelec could jeopardize the May 2013 elections.

It was learned that Smartmatic International Corporation and Dominion Voting Systems Interna-tional Corporation are into a legal tussle presently and it might adversely affect the integrity of the 2013 automated polls according to lawmakers.

To avert such possibility, a congressional inquiry by the House Committee on Suffrage, is being sought by party-list Reps. Neri Ja-vier Colmenares (Party-list, Bayan Muna), Luzviminda Ilagan (Party-list, Gabriela) and Antonio Tinio (Party-list, Act Teachers) through House Resolution 2849.

“The interest of the Fili-pino people in the legal controversy between Smart-matic and Dominion arises from the possibility that Smartmatic may have been liable for misrepresentation or fraud when it entered into a Deed of Sale with the Commission on Elec-

tions, to the prejudice of the Filipino people and the jeopardy of the upcoming automated polls next year,” Colmenares said.

Colmenares said the probe will determine wheth-er Comelec possessed all the information regarding the “goods” it purchased –the PCOS technology—and Smartmatic’s capacity to fulfill its obligations and promises at the time when the option to purchase was exercised and during the execution of the Deed of Sale.

HR 2849 states that on September 11, 2012, Smart-matic filed with the Court of Chancery of the State of Delaware a complaint against Dominion, which complaint stemmed from the PCOS Framework Li-cense Agreement executed between the two, under which Dominion, the owner of the optical scan voting system technology, granted to Smartmatic the license to exploit said technology, including its marketing to other countries outside the United States.

The complaint alleges that Dominion failed to

honor its commitments to Smartmatic and has inter-fered with its business of developing and providing for the automated election systems in Mongolia, Puerto Rico, and the Philippines.

The Smartmatic com-plaint indicates that the ownership of and full con-trol of the PCOS technology is deeply embroiled in legal dispute and that Smartmatic has no full control over the same, so as to enable it to make the changes neces-sary for the technology to be fully compliant with RA 9369 and other Philippine Laws, the Resolution states.

On July 2012, the Su-preme Court upheld the validity and constitution-ality of the purchase by the Comelec of the PCOS machines and other goods despite the palpable infir-mities and defects of the PCOS machines.

“However, said SC deci-sion was rendered without reference and information as to the legal controversy between Smartmatic and Dominion. The SC upheld the Comelec’s exercise of the option to purchase the goods but on the assump-

tion that despite palpable infirmities and defects in the goods, Smartmatic can provide the enhancements required and requested by Comelec and Philippines laws,” Colmenares said.

As the complaint would reveal, Smartmatic has no such capacity at the time of the execution of the Deed of Sale and even until present, seven months before the 2013 elections, they added.

Furthermore, HR 2849 states that “following the allegations in the complaint, the continuing refusal of Dominion to recognize the License Agreement obligat-ing Dominion to provide the enhancements, improve-ments and modifications needed and requested by the Comelec, is detrimental to the Philippine elections, as well as renders the contract between the Comelec and Smartmatic defective.”

“This would only mean that Smartmatic could not possibly comply with the conditions set forth by Comelec in the Deed of Sale until and unless the State of Delaware rules in its favor and rule immediately,” Colmenares said. (dpt)

Strengthening RP’s “bunot”

Provincial Administrator Provo ‘Jun” B. Antipasado, Jr. tackles questions during the Open Forum conducted by the ‘Strategic Planning on Integrated Disaster Pre-paredness, Prevention & Mitigation and Response’. 403rd Infantry (Peacemaker) Brigade Commanding Officer James Jacob voices out some concerns. (Jun Dano / PGO – PAIA)

NGCP upgrades control system forBalo-i Substation in Mindanao

poration of China (SGCC) started working together in 2009, many changes have been implemented in terms of systematically improving operations and management to build a stronger power grid. The installation of state-of-the-art computer tech-nology of a microprocessor-

based substation control (MBSC) in Balo-i is just one of these improvements that aim to enhance system reliability and efficiency in NGCP substations. The upgrade is expected to re-sult to a lower number of undesired line trippings in the area. With the MBSC in place,

old manual substation op-erations in Balo-i have been replaced with computerized operations. The MBSC works in tan-dem with protection relay, supervisory control and data acquisition (SCADA), and anti-fire systems to boost the overall security and reliability of the substa-tion and improve flexibility in transmitting Mindanao’s power supply requirements. Mindanao Operation and Maintenance Head for District 2 Eric Vincent Cariaga explained that “The whole system of the Mind-anao Grid will benefit from the Balo-i Substation MBSC Project because the bulk of the power generated from the Agus Complex come in to Balo-i Substation. NGCP recognizes the importance of transmitting this bulk power to the different parts of Mindanao with high ef-ficiency and reliability.”

CAGAYAN DE ORO MAiN BRANChP & J Lim Bldg., Tiano Brothers – Kalambagohan Sts.,

Tel. # (08822) 727-829 * Telefax # (088) 856-1947CAMiGUiN BRANCh B. Aranas St., Poblacion, Mambajao,

Camiguin Tel. # (088) 387-0491CORRALES 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) 231-6739a

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Veterans Bank Gadgets & GC

Garantisado! Deposit PromoPromo Period: September 17, 2012 to March 15, 2013

PROMO DESCRIPTION:

This promotion is designed to give incentives to bank customers who maintain a minimum of Php100,000 in Average Daily Balance (ADB) in any eligible private CASA product for any period from 90days to 360 days. The incentives range from popular Gift Checks to mobile phones and gadgets.

ELIGIBILITY:

New Veterans Bank customers (individual, corporate or government accounts) who maintain a minimum of Php 100,000 in any eligible private CASA account in Average Daily Balance for the required period. Eligible CASA products are all regular individual and corporate checking accounts, special checking accounts, checking accounts with passbook, regular peso savings with passbook, statement peso savings account. Existing Veterans Bank customers (individual, corporate or government accounts) who maintain additional ADB (minimum single increment of Php 100,000) to their existing eligible private CASA account Existing Veterans Bank customers (individual or corporate) who open a new eligible private CASA account and maintain the minimum ADB of Php 100,000 for the required period provided they deposit fresh funds in the new accounts. Fresh funds would mean money that originate from sources outside the Bank.

INCENTIVES:

Qualified customers can choose their corresponding incentive from the tables below depending on the amount of their ADB and number of days the funds were kept in deposit. Gift check choices shall be limited to SM Silver Pass, Robinson’s, Rustan’s, Landmark, Jollibee, Greenwich, Chowking and Red Ribbon.

DEPOSIT-TERM-PRIZE MATRIXTable 1

TER NO. OF DAYS P100,000 to P249,999 P250,000 to P399,000 P400,000 to P549,999 P550,000 to P699,999 P700,000 to P999,99990 days P100 GC P300 GC P500 GC P650 GC P850 GC120 days P 150 GC P400 GC P650 GC P900 GC Lenovo E156150 days P200 GC P500 GC P800 GC MyPhone B88 + Duo Nokia 100180 days P250 GC P600 GC Samsung E1080 Nokia 100 Nokia X1-01210 days P300 GC P700 GC MyPhone B88 + Duo Nokia 101 Alcatel OT-506240 days P350 GC P800 GC Lenovo E156 Nokia X1-01 Lenovo A185270 days P400 GC P900 GC Nokia 100 Alcatel OT-506 Nokia C2-00300 days P450 GC Samsung E1080 Nokia 101 Lenovo A185 Nokia C1-01330 days P500 GC Nokia 1280 Nokia X1-01 Nokia C2-00 MyPhone TW28 Duo360 days P550 GC MyPhone B88 + Duo Alcatel OT-506 Nokia C1-01 Samsung Champ

DEPOSIT-TERM-PRIZE MATRIXTable 2

TER NO. OF DAYS P1M to P1,999,999 P2M to P2,999,999 P3M to P3,999,999 P4M to P4,999,999 P5M and up90 days MyPhone B88 + Duo Nokia C2-00 Samsung Champ Nokia Asha 300 Lenovo A65120 days Nokia 101 MyPhone TW28 Duo Nokia Asha 300 Nokia X3-02 HTC Wildfire S150 days Alcatel OT-506 Nokia X2-01 Lenovo A65 HTC Wildfire S Sony PSP-3006180 days Nokia C2-00 Nokia Asha 300 Lenovo A60 Sony PSP-3006 Nokia Lumia 610210 days Nokia C1-01 Samsung Galaxy Pocket HTC Wildfire S Sony Xperia Ray Signal#1 4 GB Sony Xperia Arc S Signa#1 8GB240 days MyPhone TW28 Duo Nokia X3-02 Sony PSP-3006 Nokia Lumia 610 Sony Xperia Arc S Signa#3 8GB270 days Samsung Champ Lenovo A60 Sony Xperia Ray Signal#1 4GB Sony Xperia Arc S Signa#1 8GB Nokia Lumia 800300 days Nokia X2-01 HTC Wildfire S Nokia Lumia 610 Sony Xperia Arc S Signa#3 8GB Blackberry Bold 9790330 days Nokia Asha 306 Samsung Galaxy Mini 2 Sony Xperia Neo L Nokia Lumia 800 Samsung Galaxy S II S#1 8GB360 days Nokia Asha 300 Sony PSP-3006 Sony Xperia Arc S Signa#2 8GB Blackberry Bold 9790 iPad 3 16GB WiFi

PROMO MECHANICS:

The promo will run from September 17, 2012 to March 15, 2013. However, the Bank will continue to monitor and advise customers who deposit within the promo period of their eligibility to redeem incentives up to March 31, 2014.

The promo is open to new and existing customers who add and maintain at least P100,000 to their regular CASA accounts for the required period.

The following conditions must be met by a customer to obtain the incentive:

Customers must deposit fresh funds and maintain the required ADB during the required period. Each account shall be computed separately, hence, pooling of ADBs of several accounts will not be allowed. The account should be free from any other hold-out, garnishment or freeze orders whether coming from the Bank or from external sources. The account should not have been used to secure or guarantee concessions for other Veterans Bank transactions such as marginal deposit, loan collateral, escrow, etc. The account should not be the subject of any claims, disputes or any mishandling notice or any other inappropriate operations. Dormant accounts are not qualified to receive incentives under this promo.

For government accounts, the Bank will send an Incentive Eligibility Form to customers who have qualified to receive the incentives as soon as they meet the minimum required ADB period. Custom-ers must return the Incentive Eligibility Form to their branch of account to signify whether they already want to redeem the incentive or want to maintain their accounts longer for a bigger incentive.

For private accounts, the customer must fill-up and sign the Incentive Eligibility Form to signify their desire to join the promo and commit to maintain their intended ADB and ADB period of deposit. They can opt to get their incentives up-front or after maintaining the required ADB. By signing the Incentive Eligibility Form, the customer agrees to abide by the mechanics and implementing rules of the promo-tion.

The Bank will verify each signed Incentive Eligibility Form and arrange for the incentive to be delivered to the customer’s preferred delivery address specified on the form when necessary.

A customer with a deposit of P1M and more may opt to select several incentives from the other lower tiers as long as the total deposit equivalent should not be more than his additional deposit and must have the same ADB period. (For example, a depositor who puts in P5M for 180 days may choose to get the incentive equivalent for P3M 180 days and P2M 180 days.)

For private customers who opted to claim their incentives up-front but failed to maintain the required amount and/or period of ADB, the branch of account will deduct the cost of the incentives, delivery and admin charges from their account.

The 20% withholding tax on the incentives, when applicable, shall be paid by Veterans Bank. All items are not convertible to cash.

Redemptions may be made up to March 31, 2014.

This promo is approved per DTI-NCR Permit No. 5857 Series of 2012.

Philippine Veterans Bankfrom:

Merry Christmas to Everyone!

Opinion6 Friday-Saturday I Dec. 21-22, 2012 BusinessWeek www.businessweekmindanao.com


Bunye/PAGE 7

2012 years old and counting

Man to Man

Mobilizing our savings

THINK a minute… Not long ago a famous football coach in America suddenly resigned and quit at the top of his very suc-cessful career. He said that the number one reason he was leaving his high-paying position was that it was time he started doing his job of loving and caring for his wife. This tough football coach said: “Nothing tells you more about a man than what you see in His wife. In her face you will often see if he makes her feel really loved or not. You can see what kind of man he is by looking at how happy his wife is.” It’s been said that you can tell a lot about a country by the character of its men. The

THE recent passage of a law making life insurance more affordable for Filipinos is a welcome development for those who wish to invest in their future. By reducing taxes on insurance premiums, Re-public Act 10001 will enable more Filipinos to purchase life insurance – financially preparing them and their families in the event of un-foreseen circumstances such as illness and death. This legal measure is not only seen to increase

true measure of manhood is usual ly very dif ferent than most men’s thinking. A real man loves his wife by putting her needs first, because he is the stronger one who can patiently wait for his needs and desires to be satisfied. But it is sad and embar-rassing that many times it is the wife who must be stronger by putting her hus-band’s needs and desires first, because he is too weak and selfish. He is actually forcing her to be the stronger one who always puts him first. Jesus Christ taught that when we think being strong and the “King of our Castle” means having people serve us, then we are completely

wrong. The greatest, stron-gest men are those who can deny their own desires for the needs of their wife and children first. Real men are full of kindness, compassion, self-control and honesty. Every day I must ask myself: Is my wife a better, happier person because she is mar-ried to me? Do I help my wife succeed or do I hold you back? Is she a better mother because of me? When I am a better man, then my wife will follow my example and become a better woman. The good news is that you and I can start chang-ing today and become real men if we want to. So why not ask Jesus Christ to for-give you for your selfish, uncontrolled way of living?

Then ask Him to take full charge of your character every day. He will give you His power and strength to change more and more into the better, stronger man you want to be for your wife and children. Just think a minute…

Wishing you a Merry Christmas

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This time of year we Catho-lics celebrate the birth of Je-sus and hear marathon mass for a straight nine days early early morning till Christmas Eve. This is our tradition. To family we always make it a point to get together and have the traditional noche Buena (dinner) bringing out the best of foods to share with family. We hear mass on the eve of Christmas and share the joy of our faith. For the rich everyone goes on holiday either to the beach, Baguio or abroad. Either way this is a time for celebration. Interestingly enough un-less we Catholics are now a minority with their Con-gressmen and Senators de-fying the Church’s position, which was to be anti-RH... we must have a new set of Filipinos. Maybe this is what they call born-again, Chris-tian or even Muslim who now dominate the population. Obviously the Church no

longer rules with its f lock going awry unable to direct their very Representatives. Was Senator Santiago correct in saying there is no longer a Catholic vote? All indica-tors point to it, doesn’t it? Or was this all the muscle f lexing of Malacanang that has become all powerful, all absolute so much so the Su-preme Court an equal branch of government cowers with its marching orders. While many of us fall asleep dur-ing the sermons in Sunday mass, it still does not provide the opportunity to defy the Church’s preaching. The Church was very clear on its position against the RH bill, so how has it come to this? Are we no longer a Catholic based country? Are we a people no longer predomi-nantly Catholic? This bill is seemingly a health bill, a population control initiative, a responsible parenthood bill, an expense measure (with the 7 billion allocations to start), a successful lobby by the pharmaceuticals, and even rumored to be a measure to abide by the United Nations millennium development goal promise and the key to unlock the pork barrel allotments in time for the election; either way the RH bill was passed and now with haste a Senator pursues to railroad the bill into law to convene the bicameral com-mittee for the President to sign asap. It strikes me our

tAMBuAtco/PAGE 11

JHAN TIAFAU HURST

Think a minute

Speaking out

IGNACIO BUNYE

Superbranding

HARRY TAMBUATCO

Viewpoints

ARCH. OSCARV. CRUZ (Ret)

the sale of life insurance, it is also expected to play an important role in savings mobilization. Together with the recent passage of Republic Act 2505 or the Personal Equity and Retirement Account (PERA) Act, and Republic Act 9576 or the law amending the charter of the Philippine Deposit Corporation (PDIC), Repub-lic Act 10001 helps create an environment conducive for saving. I wrote in a past column about how the PERA Act will allow Filipino workers to prepare for their retirement by having a special savings account invested by profes-sional fund managers. Republic Act 9576, on the other hand, increased the maximum deposit insurance coverage from P250,000 to P500,000 as a preemptive re-sponse to the global financial crisis. More significantly, this has helped allay the Filipino depositors’ fears of losing their hard-earned savings

and encourage them to save more in the bank. So what is savings mo-bilization? It is how the authorities formulate and implement policies that urge us to prioritize investment over consumption. To do this, we save our money in banks, insurance companies, or other financial institutions. These institutions serve as channels for spurring economic growth through their lending to companies and enterprises that in turn generate more employment and other economic activi-ties. According to the PDIC, there is a need to raise the rate of investments to en-able the Philippines to move toward a higher economic growth path. Investments, the PDIC says, require fi-nancing through savings generated from domestic and foreign sources. The PDIC notes, however, that foreign sources are un-

ESTABLISHED by Christ in year 0000 and thereafter slowly but surely growing in reach and embrace, even actually becoming a universal institution spread in the four corners of the globe – this is the Holy Mother Catholic Church that is now some 2012 years old. A good number of peo-ple – from atheists to some churchmen themselves – ex-erted all efforts and adopted all means to do away with her. In fact, there are still powerful groups, wealthy individuals plus inf luential personalities who want to make her disappear from the face of the earth. But the Church is still around – 2012 years after its launching and still counting. There were and there still are even so called “Catholics” who in truth hate her reality and in fact detest her exis-tence. This is not to mention people who vehemently op-pose Christianity and who

place. But one truth remains beyond doubt or debate, viz., she is still around. Anti-Catholics then are all gone – but the Catholic Church is still here. Anti-Catholics now will also be gone in due time – but the Catholic Church will sill be around for sure. This is the sterling truth. This is the signal les-son of human history. It will take more than mere mortals to do away with the Catholic Church.

sustainable and increase the country’s vulnerability to international capital f light. Thus, PDIC recommends that the expansion of do-mestic savings should be enhanced as a necessary condition to boost capital formation Mobilizing our savings and achieve sustained economic growth. Savings are commonly understood as the portion of income left after deduct-ing all expenditures and payment of liabilities for a given period. The money left is usually set aside and kept in banks to earn interest. By investing our savings in banks, we are rewarded with “investment returns” in the form of interest. This is because our banks also invest the money we deposit in construction, housing, or business loans. Through these loans, companies and businesses would have sufficient money to fund their activities –



want this done away with – the sooner the better. This is not to mention the painful but verified phenomenon about certain members of the Catholic clergy who act and behave to the disgrace and shame of the Catholic Church as a whole. And in previously known Catholic countries, there are also individuals, families, and communities that either live as non-Catholics or have completely secularism or practical atheism. So it is that even the Church in the Philippines considered as the only Chris-tian country in Asia, is not taken seriously by many Filipinos – be these counted among the common tao or those in tenure of power and might. So it is that practically any time of the year, there are these and those “Chris-tian” sects that sprout here and there. And this is saying nothing about those already well established churches

and religions that continue to propagate themselves. And so it is that the Church in this country may be still a majority in number – but a minority in faith, spirit, and practices. And so it is that for the Church in the world, Pope Benedict XVI himself wrote an Apostolic Letter dated 11 October 2011 launching the “Year of Faith” that expressly noted the “profound crisis of faith that has affected many people” – in world over. And for the Church in the Philippines, the CBCP in response thereto made a Pastoral Exhortation on 23 July 2012 entitled “Live Christ, Share Christ” quoting the Holy Father calling atten-tion to the pressing need of “overcoming the separation of the Gospel from life.” Now, what? This: the Catholic Church may be vibrant or dull in this or that time, may be triumphant or humbled in this and that

7Friday-Saturday I Dec. 21-22, 2012BusinessWeek www.businessweekmindanao.com


Republic of the PhilippinesREGIONAL TRIAL COURT

10th Judicial RegionBranch 16, Tangub City

IN MATTER OF THE CORRECTIONOF ENTRY ON THE BIRTH RECORD OF SP. PROC. TC-2012-012ADRILAN AMAY PARTICULARLY HIS GENDER FROM FEMALE AND MALE;NAME OF FATHER FROM CARMELITOAY TO CARMELITO AMAY FOR: CORRECTION OF ENTRY

ADRILAN G. AMAY,

Petitioner, -versus-

THE LOCAL CIVIL REGISTRAR OF BONIFACIO, MISAMIS OCCIDENTAL Respondent.X-------------------------------------------------------/

notIce oF HeArIng

WHEREAS, in his verified petition filed on October 10, 2012, petitioner prayed that after due notice, publication and hearing, an order be issued directing the Local Civil Registrar of Bonifacio, Misamis Occidental, to correct the erroneous entry in the Certificate of Live Birth to wit:

a. His gender from FEMALE to MALE; b. The family name of this father from AY to AMAY.

NOW THEREFORE, notice is hereby given that initial hearing of this peti-tion is set on January 15, 2013 at 8:30 o’clock in the morning,at the Session Hall of this Court,at which date, time and place all persons who may have an interest in the petition are summoned to appear and show cause, if any they have, why the petition should not be granted. Petitioner is also directed to cause the publication of this notice in a newspaper of general circulation in the Province of Misamis Occidental once a week for three(3) consecutive weeks. Also, let a copy of the petition and notice be furnished the Solicitor General, 134 Amorsolo St.,Legaspi Village, Makati City,and the Local Civil Registrar of Bonifacio,Misamis Occidental, who may claim any interest in the entries sought to be corrected for them to file their opposition, if they so desire, within fifteen(15)days fromreciept of this notice or from the last date of publication.FURTHERMORE, the sheriff of this Court is hereby ordered to post copies of this Notice and Petition in the Bulletin Board of this Court, Municipal Hall of Poblacion, Bonifacio, Misamis Occidental and the Barangay Hall of Lower Usugan, Bonifacio,Misamis Occidental for the information and guidance.WITNESS, the Honorable SYLVIA A. SINGIDAS-MACHACON.Presiding Judge, this 12th day of October 2012.

FuLgencIA g. ABeLLAnA OIC Clerk of CourtBWM: Dec 14, 21 & 28, 2012

Deputy Speaker Lorenzo Ta-ñada, Majority Leader Neptali Gonzales II, and 1st district, Negros Oriental Representa-tive Jocelyn Limkaichong. Other members of the Cabinet, House of Represen-tatives and leaders from the business sectors, civil society partners for the Budget pro-cess also attended the event.

Budget...from page 1

“Research makes possible evidence-based policy mak-ing,” said Leon M. Dacanay, Jr., NEDA-10 regional director and vice-chairman of the Re-gional Development Council. “Knowledge generated from research guides planners and policy makers in prioritiz-ing issues in planning and investment programming. In general, the research agenda has been determined by ask-ing (academics) to at least get the headings that we have and make their recommendations on the specific topics,” Mr. Dacanay said. Among the studies pre-sented in the forum were: * “Survey of the Cagayan de Oro River: Impact on Regional Development Initiative” by Dr. Edgar Allan C. Po of Xavier University; * “Perception and Ad-aptation to Climate Change of Lowland Rice Growers in Bukidnon, Philippines: A Mi-cro Level Analysis” by Dr. Celso C. Tautho of Central Mindanao University; * “Development of Refining Protocol for Waste Cooking Oil Biodiesel: Influence on Engine Brake Power, Ther-mal Efficiency and Emission Characteristics” by Dr. Greg M. Cubio, Xavier University; and * “Analysis of Local Elec-tronic Governance (E-Gov) Development and Local Governance Performance of the Local Government Units (LGUs) in Region X” by Dr. Jutchel L. Nayra, Bukidnon

Agenda...from page 1

executive officer, who saw the city’s potential for outdoor activities because of its prox-imity to Bukidnon, Camiguin, Caraga Region. This city’s interconnected-ness to other outdoor adven-ture spots in Mindanao is one of its chief advantages for R.O.X.’s establishment here, beating Davao and Cebu, two prime cities in the country today. Cagayan de Oro is now home to some famous annual marathon events, watersports, cycling, and the world-famous white water river rafting, ac-tivities that are specifically designed for R.O.X., so to speak, said Ms. Marisol C. Marcelo, Primer Group vice president. Marcelo said the market for outdoor gear, equipment and apparel in this part of the country is booming like in other parts of the Philippines because Filipinos now are health-conscious but don’t like to be confined to any indoor activities. “They would rather go out and do their exercise outdoor than be confined to a gym,” she told Business Mirror. Marcelo said the Primer Group is very optimistic that its seven stores here in Cagayan de Oro will do well and exceed all their expectations and pro-jections. “This is a very progres-sive city. The way the city recovered after the Sendong tragedy is testament to the city’s attitude and resiliency. So we are confident our stores here, especially R.O.X., with The North Face as our flagship product, is well-known and is doing very well in terms of sales,” she said. The Primer Group, started and owned by five Filipino friends 27 years ago, is the exclusive distributor of, among others, The North Face, the brand known for its innova-tive and technically-advanced outdoor apparel, equipment

Store...from page 1

year’s budget of P1.816 trillion. Of the 2013 budget, the lion’s share will still go to so-cial services, most notably to the Department of Education (P232.6 billion), the Depart-ment of Social Welfare and Development (P56.3 billion) and the Department of Health (P51.1 billion). Meanwhile, the economic development will also be sup-ported by next year’s budget for Capital outlay which rose to P325.5 billion and through the implementation of the infrastructure programs un-der the Department of Public Works and Highways which will receive P155.5 billion. The 2013 GAA was crafted with the aim of investing significantly in the people’s capabilities by prioritizing funding for public services that provide jobs, educate our youth, ensure a healthier citizenry and empower each Filipino to participate in economic activity. For his part , Budget and Management Secretary Florencio Abad said that expenditures next year are expected to sustain or even levels posted in 2012. He also stressed that the improved budget execution and project implementation may help drive further growth in the country next year. “The 2013 GAA was crafted together with civil society groups and communities on-the-ground, who gave us tremendous insight on the ways through which we could reconcile our citizens’ needs with the government’s expenditure plan,” Abad said. Also in attendance were Senator Franklin Drilon, Senator Edgardo Angara, House Speaker Feliciano Bel-monte Jr., Executive Secretary Paquito N. Ochoa, Jr. Budget Secretary Florencio Abad, Deputy Speaker Pablo Garcia,

State University. Earlier, NEDA formulated the Northern Mindanao Re-gional Development Research Agenda 2012-2016 with the tag line “Our Agenda. Research it.” “The formulation of the Re-gional Development Research Agenda 2012-2016 is guided by the national government’s goal of inclusive growth, as well as the region’s vision of being the leading industrial core and trade center in Southern Philippines,” Mr. Dacanay said. “It also takes its cue from the development issues and challenges and policy gaps identified in the Northern Mindanao Regional Develop-ment Plan.” Northern Mindanao is composed of five provinces and two cities classified as highly-urbanized, all occu-pying the north-central part of Mindanao island, and the island-province of Camiguin. The regional center is Cagayan de Oro City. The economy of Northern Mindanao, which is mainly based on agriculture, is the largest regional economy in the island of Mindanao.

Recreational Outdoor Ex-change (R.O.X.) The R.O.X. store at the 2nd Level of the newly-opened Ayala Centrio Mall here is the first R.O.X. store in Mindanao and the fifth in the Philippines. R.O.X. first opened to the pub-lic in 2007 along High Street, Fort Bonifacio and started creating raves in the outdoor industry as the one-stop-store for all outdoor activities from running to mountaineering, kayaking to river rafting. And the promotion of this capital city of Northern Mindanao as the eco-tourism hub of the region has caught the eye of the Primer Group officials, particularly Jimmy Thai, its president and chief

and footwear named after the iciest, toughest and most for-midable façade of a mountain in the western hemisphere to climb. The North Face products earn an aggregate of P1 million a month for R.O.X.’s operator, Uniglobe Travelware Co., Inc., a subsidiary of Primer Group. Uniglobe also operates other Ayala Centrio Mall stores such as Bratpack, a lifestyle specialty store offering the widest range of international bag, footwear and apparel brands for the hip niche market; and The Travel Club, the first stop for travellers since it is more than just a store but a place where one gets the best luggage and travel essentials and also the soundest advice from store personnel adept in the field of travel. The other Primer Group stores at the Ayala Centrio Mall are Quicksilver/DC, and ResToeRun, the Philippines first and only restaurant-in-spired multi-brand shoe shop specifically designed for the shoeaholics. Both these stores are operated by another Primer Group subsidiary Kenrich International Distributor Corp. Another Primer operated store at the Ayala Centrio Mall is Columbia and Sanuk. But R.O.X. is Primer’s “flag-ship” store here especially since R.O.X. wants to get everyone outside and experience the outdoors.

with the scheduled big gath-erings here like the Philippine Advertising Congress. “We are confident that the city will host the Ad Con-gress,” Boncato said adding that the city government is

Tourist...from page 2

are allegedly Catholic say one thing but do another. We also have a national hero cum ce-lebrity; a world famous boxer who now has turned to what he calls to be Christian and no longer Catholic. Have we lost our faith? And yet clearly eyeballing the Sunday mass parishioners, one would be convinced we Filipinos are predominantly Catholic. So what is it? The very divisive nature of the bill has punted legislators against each other. On facebook the divisive positions have caused ir-ritation if not name calling. But in the end, the RH bill was passed to the dismay of the Church and now we are asked by our President to heal and move on. There has to be something very very wrong here but either way, I as a Catholic, having been brought up as one, remain to be Catholic and wish you a Merry Christmas.

Tambuatco...from page 6

deavors that would have a long-term effect on the economy. Investing in a PERA ac-count or in a life insurance would also bring about the same desired outcome: By investing one’s money in investment products, the life insurance company or the professional fund man-ager (in the case of PERA) would, in the long run, spur economic growth. Note: You may email us at [email protected].

Bunye...from page 6

now on final presentation on its bid to host the congress.

8 Friday-Saturday I Dec. 21-22, 2012 BusinessWeek www.businessweekmindanao.com


Republic of the PhilippinesREGIONAL TRIAL COURT

10th Judicial RegionBRANCH 28

Mambajao, Camiguin

HRS. OF TIMOTEO D. VALLAR, SR., represented CIVIL CASE NO. 827By RAMON S. VALLAR, HRS. OF VICTORIA FOR: ANNULMENT OFVALLAR DADULO represented by JULIETA V. DEED OF SALE W/REGALADO, HRS. OF HOSPECIA V. JAQUILMAC, WRIT OF PRELIMI-Represented by HENRY V. JAQUILMAC, HRS. OF NARY INJUNCTIONROSA V. CAMPION, represented by DORES C. and DAMAGESLLANDERES, Plaintiffs,

- Versus –

NILDA P. SABUGA-A, ROQUEZA SABUGA-A,As Administrator-in-Fact, ALFIE SABUGA-A,JANICE SABUGA-A, JONARD SABUGA-A andLORENA SABUGA-A, as possessors-in-fact, Defendants.x-------------------------------------------------------------- /

suMMons

TO: nILDA P. sABugA-A Tan-awan, Barangay Cuña Sagay, Camiguin

GREETINGS:

WHereAs, the Court issued an Order dated November 20, 2012 that service of SUMMONS upon defendant Nilda P. Sabuga-a be effected through publication in a newspaper of general circulation pursuant to Section 15, Rule 14, of the Rules of Court.

WHereAs, quoted hereunder is the plaintiffs’ Complaint, to wit:

“COME NOW, Plaintiffs through the undersigned counsel and unto this Honorable Court, most respectfully allege:

1. That plaintiffs Ramon S. Vallar, Julieta V. Regalado, Henry V. Jaquilmac and Dores C. Llanderes are all of legal ages, Filipinos, all married and with residence address as follows;

a. Ramon S. Vallar – Bonbon, Sagay, Camiguin; b. Julieta V. Regalado – Pinikitan, Cagayan de Oro City; c. Henry V. Jaquilmac – Kilon-ac, Bonbon, Sagay, Camiguin; d. Dores Campion Llanderes – Buena Oro, Upper macasandig, Cagayan de Oro City;

They can be served with processes of the Honorable Court through the address of the undersigned counsel which can be found at the end-portion of this pleading;

2. That for purposes of this action, plaintiffs are representing their co-heirs, to wit:

a. Ramon S. Vallar representing the heirs of Timoteo D. Vallar; b. Juliets V. Regalado representing the heirs of Victoria Vallar Dadulo; c. Henry V. Jaquilmac representing the heirs of Hospecia Vallar Jaquilmac; d. Dores Campion Llanderes representing the heirs of Rosa Vallar Campion;

3. That defendants Nilda P. Sabuga-a, Roqueza Sabuga-a, Alfie Sabuga-a, Janice Sabuga-a, Jonard Sabuga-a and Lorena Sabuga-a are of legal ages, Filipinos, and residents of Tan-awan, Brgy. Cuña, Sagay, Camiguin Province, where they can be served with summons and other processes of this Honorable Court;

4. That during their lifetime, spouses Remegio Vallar and Vicenta Dagaraga begot nine (9) chil-dren, namely:

a. Timoteo D. Vallar; b. Victoria D. Vallar; c. Hospecia D. Vallar; d. Francisco Vallar; e. Rosa D. Vallar; f. Domingo D. Vallar; g. Anastacio D. Vallar; h. Zosimo D. Vallar; and i. Erlinda D. Vallar;

5. That Lot No. 3313 located in Tan-awan, Cuña, Sagay, Camiguin, containing an area of 24,018 square meters embraced and covered in OCT No. P-12117, registered in the Register of Deeds of Camiguin, has been the property of spouses Remegio Vallar and Vicenta Dagaraga as evidenced by a Real Property Historical Ownership, Tax Declaration, and Original Certificate of Title hereto attached as Annexes “A”, “B”, and “C”, respectively, and made an integral part hereof;

6. That said real property historical ownership (Annex “A”) particularly provides in part, thus:

“TD No. Declared Owner xxx xxx Tax Effective 16055 Vallar, Remegio 1963”

7. That during the lifetime of the spouses Remegio Vallar and Vicenta Dagaraga, they executed Particion Inter Vivos dated April 14, 1965 wherein they adjudicated their properties to their nine (9) children and left for themselves eight (8) parcels of land. The said particion inter vivos declared in part, thus:

“Nga among iasoy usab nga ang mga luna kun parcelas nga wala ma- Ka uban (apel) sa pagbahenbahen ning SIAM (9) na ka mga bata sa Hitaas sabtong nga ibelen kanamo nga magti-ayon ug mao kini nga Mga parcelas kun luna, kining mosunod:

1. Usa ka parcela (luna) nga yuta sa xxx 2. xxx 3. Us aka parcela (luna) nga yuta sa xxx Tax Dcl. No. 16055, Assessed value P 1,300. Xxx

ug anhe kuha ang tanan nga galastohon nga idapat sa pag sumad kun aniversario sa adlaw sa among kamatayon nga duha nga magtiayon sa matag-tuig.” (emphasis supplied).

(Translation):

“That we also declare that the lots of parcels of land not included in this Partition among NINE (9) children above enumerated it should be understood that they should be left of us couple which consist of the following:

1. A parcel of land xxx 2. Xxx 3. A parcel of land at xxx under Tax Dcl. No. 16055 with Assessed value of P1,300.00 xxx

From which shall be taken all the expenses for the annual anniversaries of the death of both of us couple.” (emphasis supplied).

The said particion inter vivos together with its translation are hereto attached and made an integral part hereof as Annexes “D”, “D-1”, “D-2”, “D-3”, “D-4”, “D-5”, “D-6”, “D-7”, “D-8”, “D-9”, and “D-10”,

8. That Remegio Vallar died on June 3, 1971 while Vicenta Dagaraga died on January 3, 1981; 9. That upon the moment of death of the spouses Remegio Vallar and Vicenta Dagaraga, Lot No. 3313 was transmitted to their children as common and undivided property. Article 777 of the Civil Code provides:

“The rights to the succession are transmitted from the moment of Death of the decedent”.

10. That the following children of spouses Remegio Vallar and Vicenta Dagaraga died on the following date, to wit:

a. Victoria Vallar vda. De Dadulo died August 10, 2001; b. Hospecia Vallar Jaquilmac died on August 7, 2004; c. Francisco D. Vallar died on September 19, 2008; d. Rosa Vallar Campion died on January 20, 2003; e. Domingo D. Vallar died on July 14, 2004;

11. That Lot No. 3313 is therefore a common and undivided property of the children and grand-children of the spouses Remegio Vallar and Vicenta Dagaraga;

12. That as provided in the Particion Inter Vivos, Lot No. 3313 is left with “continuing charges”, that is, the expenses for the annual anniversaries of the couple, such that the same cannot be sold or disposed of without any security given to continuously satisfy the charge imposed on said property. Article 882 of the Civil Code provides, thus;

“Art. 882. The statement of the object of the institution, or the applica- tion of the property left by the testator, or the charge imposed by him, shall not be considered as a condition unless it appears that such was his intention.

That which has been left in this manner may be claimed at once Provided that the instituted heir or heirs give security for compliance With the wishes of the testator and for the return of anything he or they may received, together with its fruits and interests, if they should disregard this obligation.” (emphasis supplied)

13. That since there was no valid partition executed by the heirs over the estate left by spouses Remegio Vallar and Vicenta Dagaraga, to this date, the certificate of title to Lot No. 3313 still remains in the name of Remegio Vallar;

14. That on July 18, 2003, Francisco D. Vallar purporting to be the owner of Lot No. 3313 em-braced by OCT No. P-12117 and registered in the name of Remegio Vallar, sold the said parcel of land to defendant Nilda P. Sabuga-a. The Deed of Absolute Sale hereto attached as Annexes “E” and “E-1”, and made an integral part hereof. Francisco Vallar died on September 19, 2008.

15. That the sale made by Francisco Vallar is void because : (1) he is not the owner of Lot No. 3313; (2) the same was done without the consent of his co-heirs as the said lot is a common property; and, (3) the same was done without security given to satisfy the charge, that is, the expenses for the annual anniversary of the deceased couple, which is imposed upon the subject property;

16. That defendant Nilda P. Sabuga-a is a buyer in bad-faith because the title and tax declaration of the subject property clearly show that the owner of the said lot is Remegio Vallar and there was no record of partition executed by the former’s heirs that could validly transfer title of the said land to Francisco Vallar;

17. That since Nilda P. Sabuga-a is a buyer in bad-faith, her rights over the parcel of land are not protected by law. In Sps. Domingo, et.al. v. Reed, GR No. 157701, Dec. 9, 2005, the Supreme Court ruled, viz:

“The presence of anything that excites or arouses suspicion should then prompt the vendee to look beyond the vendor’s certificate and investi- gate the title appearing on the face of that certificate. A vendee who does not do so cannot be denominated either as a purchaser for value or as a purchaser in good faith and hence, does not merit the protection of the law”. (emphasis supplied).

18. That to obtain possession of Lot No. 3313, Nilda P. Sabuga-a on July 19, 2005, through her attorney-in-fact Roqueza Sabuga-a, sued Natividad Vallar, one of the heirs of Remegio Vallar, for forcible entry, which resulted into the ouster of said Natividad Vallar from the subject property. Original copy of the judgment of the MCTC, Catarman-Sagay dated March 1, 2006 is hereto attached as Annexes “F”, “F-1”, “F-2”, “F-3”, “F-4”, “F-5”, and “F-6”, and made an integral part hereof;

19. That since defendant Nilda P. Sabuga-a is a purchaser in bad faith, her possession of the property, or her agents, representatives or anyone acting under her capacity, is also in bad faith;

20. That because of defendant Nilda P. Sabuga-a’s untter bad faith, plaintiffs were constrained to protect their rights and for which they agree to pay P50,000.00 as attorney’s fees plus appearance fee of P5,000.00 per hearing and P15,000.00 as litigation expenses;

21. That plaintiff Natividad Vallar Napone filed before the Lupong Tagapamayapa of Barangay Cuña, Sagay, Camiguin, an action to recover possession of the land but the same proved futile. This Certificate to file Action issued by the said lupon is hereto attached and made an integral part hereof as Annex “G”;

22. That defendants had entered Lot No. 3313 and had made alterations thereof by cutting some trees therein and by harvesting the fruits thereof and continues to possess and in making alterations thereof in violation of the plaintiffs’ rights and unless restrained during the pendency of the instant action, plaintiffs will suffer damages and defendant will continue violating plaintiffs’ rights and in this connection, plaintiffs aver as follows:

a. That plaintiffs have a good and valid cause of action as they are the present common owners of Lot No. 3313;

b. That plaintiffs are entitled to the relief demanded, and the whole or part of such relief consists in restraining the commission on continuance of the bad-faith possession and cultivation of the land

rtc/PAGE 9

9Friday-Saturday I Dec. 21-22, 2012BusinessWeek www.businessweekmindanao.com


by the defendants, perpetually;

c. That the commission or continuance of the bad faith possession and harvest of the fruits of the subject land during the litigation would probably work injustice to plaintiffs or cause plaintiffs irreparable injury as the land is planted to several fruit-bearing trees and plants which yield consid-erable income per season;

d. That defendant is doing or is procuring to be done the bad faith possession, harvest of the fruits, and cutting of trees standing on the land in violation of the rights of the plaintiffs respecting the subject parcel of land and would tend to render the judgment ineffectual;

e. That plaintiffs are ready and willing to file a bond executed to the defendant enjoined, in an amount to be fixed by the court, to the effect that the plaintiffs will pay to such party all damages which they may sustain by reason of the injunction if the court should finally decide that the applicant was not entitled thereto.

WHereFore, premises considered, it is most respectfully prayed of this Honorable Court:

1. After notice and hearing on the matter, a writ of preliminary prohibitory and mandatory injunc-tion issue, RESTRAINING defendant or any of their agents and representatives from possessing or continuing the possession and harvest of the fruits and cutting of the trees standing over the land and ORDERING defendant to VACATE the said land, during the pendency of the action, upon such bond which will be posted by plaintiffs in the amount as may be fixed by this Honorable Court;

2. After hearing, judgment be rendered in favor of plaintiffs and against defendant:

a) Declaring void the Deed of Sale dated July 18, 2003 covering Lot No. 3313 embraced by OCT No. P-12117 executed by Francisco Vallar as Vendor and Nilda P. Sabuga-a as Vendee;

b) Declaring void the land title that may have been issued as a consequence of the said deed of sale;

c) Ordering the Register of Deeds to cancel any title on record which may have been issued should OCT No. P-12117 been cancelled already and to restore the said OCT No. P-12117 in the name of Remegio Vallar;

d) Making the writ of preliminary injunction that may have been issued permanent;e) Ordering defendant Nilda P. Sabuga-a to pay plaintiffs the sum of P50,000.00 as attorney’s

fees, appearance fee of P5,000.00 per hearing, and P15,000.00 as cost of litigation.f) Such other reliefs just and equitable under the premises are likewise herein prayed for.

Cagayan de Oro City for Mambajao, Camiguin Sep. 07, 2012.

BARBA AND ASSOCIATES LAW OFFICE COUNSEL FOR THE PLAINTIFFS Luna- Velez Streets, Cagayan de Oro City Tel Nos. (08822) 724806 & 729168

By: ATTY. ERWIN B. BUCIO, RC, MSCRIM PTR No. 2111928 01-04012 IBP NO. 874588 01-03-12 All at Cagayan de Oro City ROLL No. 58964 MCLE IV-On Process

VERIFICATION AND CERTIFICATIONAGAINST FORUM SHOPPING

We, Ramon S. Vallar, Julieta V. Regalado, Henry V. Jaquilmac, and Dores Campion Llanderes all of legal ages, all married, and residing at Poblacion Bonbon, Sagay, Camiguin, Pinikitan, Cagayan de Oro City, and Buena Oro, Upper Macasandig Cagayan de Oro City, respectively, after having been sworn in accordance with law, hereby depose and state:

1. That we are the plaintiffs in the above-entitled complaint; 2. That we have caused the preparation of said complaint; 3. That we have read the allegations therein contained, and that the same are true and correct of our personal knowledge and based on authentic records; 4. That we have not therefore commenced any action or filed any claim involving the same or similar issues in any court, tribunal or quasi-judicial agency and to the best of our knowledge, no such other action or claim is pending therein and if we should thereafter learn that the same or similar action has been filed or is pending, we shall report the fact within five (5) days therefrom to the Court wherein the aforesaid complaint or initiatory pleading has been filed.

Witness our hand this ____ day of Sep 07 2012____20____ at Cagayan de Oro City, Philip-pines.

(SGD) rAMon s. VALLAr (SGD) JuLIetA V. regALADo Affiant Affiant

(SGD) Henry V. JAQuILMAc (SGD) Dores cAMPIon LLAnDeres Affiant Affiant

suBscrIBeD AnD sWorn to before me this Sep 07 2012____day of ____20___at the City of Cagayan de Oro. This is to certify that I have examined the affiants and they acknowledge to me that the foregoing is personally known to them to be true and correct.

Doc. No. 248; (Sgd.) ERWIN B. BUCIOPage No. 50; Notary PublicBook No. I ; Until December 31, 2012Series of 2012. PTR No. 2111928 1-4-11 IBP No. 874588 1-3-12 Roll No. 58964 TIN NO. 922-234-330”

noW tHereFore, you are hereby required to answer the Complaint within sixty (60) days from the date of last publication. You are reminded of the provision in the IBP-OCA Memorandum on Policy Guidelines dated March 12, 2002 to observe restraint in filing a motion to dismiss and instead allege the grounds thereof as defenses in the Answer. If you fail to answer within the time fixed, the plaintiff will take judgment by default and may be granted the relief applied for in the Peti-tion.

WItness the HON. RUSTICO D. PADERANGA, Executive Judge of this Court, this 20th day of November 2012, at Mambajao, Camiguin.

(Sgd.) ALMA L. sABugA Clerk of Court VI

BWM: DEC. 14, 21, & 28, 2012

RTC...from page 8

Congress

Although they failed to thwart the enactment of the RH bill, feisty Cagayan de Oro Rep. Rufus Rodriguez vows to stand pat against plan to legislate the legalization of divorce.

After passing RH bill, LP stalwart eyeing divorce bill…but Rufus warns this will further erode family values

WHILE Roman Catholic bishops and prolife groups were still recovering from their crush-ing defeat on the reproductive health (RH) bill, Speaker Feliciano Belmonte dropped yet another bombshell-he wants a divorce law in this predominantly Catholic country.

marriage a “covenant” and has long opposed divorce, allowing annulment but under strict conditions. “Marriage is not a purely human institution despite the many variations it may have undergone through the centuries in different cultures, social structures and spiritual attitudes,” according to the Catechism of the Church. “The Scripture speaks throughout of marriage and its ‘mystery,’ its in-stitution and the meaning God has given it, its origin and its end, its various realizations throughout the history of salvation, the dif f icult ies arising from sin and its renewal ‘in the Lord’ in the New Covenant of Christ and the Church.” Belmonte justified his preference for a divorce law, saying: “If your lives are no longer tolerable, why (not divorce)?” Now that Congress has passed the RH bi l l, he said he would reach out to Catholic bishops.

“I would, definitely I would,” he said. “I don’t see any lasting acrimony between us.”

Grounds for divorce HB 1799 c ites f ive grounds for divorce, among them “irreconcilable dif-ferences that have caused the irreparable breakdown of the marriage.” Divorce can a lso be sought if the “petitioner has been separated de facto from his or her spouse for at least five years at the time of the filing of the petition and reconcilia-tion is highly improbable.” Legal separation from a spouse “for at least two years” is also a ground, according to the bill. “When one or both spouses are psychologi-ca l ly incapacitated to comply with the essen-tial marital obligations,” he or she could also file for divorce. Any of the existing grounds for legal separation that has caused “irreparable breakdown of marriage” could also be a ground. (Inquirer.net)

religious norms keep many couples together despite the breakdown of their marriages.”

Bigger fight “While absolute fidelity is demanded of wives, men are granted sexual license to have af fa irs outside marriage. Yet when the marriage fails, the woman is blamed for its failure,” they added. But Cagayan de Oro Rep. Rufus Rodriguez-an opponent of the RH bill-rejected the divorce proposal, warning it would further erode family val-ues. “If we opposed the RH bill, the more that we will oppose a divorce bi l l,” Rodriguez said. “This will

definitely destroy families and the future of their children.” Rodriguez did not ap-pear surprised that discus-sions on a divorce law were now happening, especially after Congress passed the RH bill despite strong op-position from the Catholic Church. He earlier warned that an RH law would open a “pandora’s box” of related demands, such as legisla-tion on abortion, divorce and same-sex marriage. “That’s the progres-sion,” he said. “All they need is a crack to open and change our va lues system.”A covenant, a ‘mystery’ The Church considers

“Me, I’m in favor of the divorce bi l l,” Belmonte said Tuesday when asked during a pre-Christmas lunch with reporters. But he admitted that passing a divorce bill would have to wait because con-gressmen would be busy campaigning for next year’s midterm elections. Asked if a divorce law would be passed in the next Congress, Belmonte-who described himself as a Christian-said he didn’t know what the composition of the House of Representa-tives would be then, “but I think so.” After Malta legalized di-vorced last year, the Philip-pines has become the only country in the world-apart from the Vatican-without a divorce law. Representatives Luzvi-minda Ilagan and Emer-enciana de Jesus of the militant group Gabriela have a pending bill seek-ing to amend the Family Code to include a divorce provision. B e l monte s a id t he

measure remained at the committee level and was unlikely to be passed soon. “Not this time, but it’s there at the back of our minds,” he said. “I just want the idea to be there … I want that to remain in the consciousness of congressmen so at some point, we can take it up again.”

Failed, unhappy mar-riages

In their explanatory note to House Bi l l No. 1799, Ilagan and De Jesus said their divorce proposal was in line with “the policy of the State to protect and strengthen marriage and the family as basic social institutions.” “Reality tells us that there are many failed, un-happy marriages across all Filipino classes,” they said. “Many couples, especially from the marginalized sectors who have no access to the courts, simply end up separating without the benefit of legal processes.” The two lawmakers said “cultural prescriptions and

10 Friday-Saturday I Dec. 21-22, 2012 BusinessWeek www.businessweekmindanao.com


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11Friday-SaturdayDec. 21-22, 2012


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