MINDANAO DAILY MARCH 15,2012

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VOL. 1, No. 254 Cagayan de Oro City Thursday March 15, 2012 P10.00 YOUR MINDANAO-WIDE NEWSPAPER http://www.mindanaodailybalita.com NONOY NONOY LECHON SERVICES OFFERED OUT OF TOWN ORDER For more details, contact Tel. No.: 309-5276 HERMILINO VILLALON Manager Paying the Correct Taxes... Paying the Correct Taxes... “A Noble Act of Concern and Love, for Oneself, “A Noble Act of Concern and Love, for Oneself, our Children and our Country” our Children and our Country” By PAT SAMONTE, Regional Editor-Caraga INQUIRER/PAGE 2 Editorial: 74-53-80, e-mail: [email protected] Advertising: 0917-7121424, e-mail: [email protected] source: pagasa WEATHER UPDATE EASTERLIES prevailing over Northern and Central Luzon. Northern and Central Luzon and Southern Tagalog will experience mostly cloudy skies with scattered rainshowers and isolated thunderstorms. The rest of the country will have partly cloudy to cloudy skies with isolated rainshowers or thunderstorms mostly in the afternoon or evening. Moderate to strong winds blowing from the east will prevail over Northern and Central Luzon and coming from the east to northeast over the rest of the country. The coastal waters throughout the archipelago will be moderate to rough. BUTUAN City––The Asian Development Bank has warned countries to brace for people fleeing natural disasters as climate change aggravates rising sea levels, soil degradation and seasonal flooding. In a study released on Tuesday, the ADB said one-third of Southeast Asia’s population lives in at-risk areas, including Indonesia, Myanmar, the Philippines and Vietnam. Six of the 10 countries most vulnerable to climate change are in the Asia- Pacific. Bangladesh tops the list followed by India, Army overruns rebel camp in Agusan Norte Government troopers of the 3rd Special Forces Battalion overran the camp during mopping opera- tions in the area following an encounter with rebel groups in the hinterlands of Kitcharao last week. Said camp is approxi- mately 300 x 400 square ‘Inquirer apologizes’ JEERS TO the Philippine Daily Inquirer for publishing photos of Corona defense witness Demetrio Vicente on its March 14 front page that were unflattering at least and malicious at most. Vicente had taken the stand to disprove allegations that Supreme Court Chief Justice Renato Corona had failed to disclose his acquisition of a 1,700 square-meter Marikina property in his statements of assets, liabilities, and net worth (SALN). If the point was to humiliate and ridicule Vicente, not only the publication of the photographs succeeded in doing so. The caption also read “’CHARACTER’ (in quotes) WITNESS The many faces of Demetrio Vicente on the witness stand. He’s no ordinary witness after all. He’s the cousin of the Chief Justice whose wife sold him seven parcels of land in 1990, where he now grows bonsai.” People on social networking sites found the Inquirer photos “insensitive”, “crass”, “tasteless”, and “mean,” among others. Vicente, who had suffered a stroke, had Philippines most vulnerable to climate change, study says Nepal, the Philippines, Af- ghanistan and Myanmar. According to the study, natural disasters drove 42 million people from their homes in the Asia-Pacific in 2010, though it was unclear how many of those were caused by climate change. The study did not make any specific projections for migration induced by climate change, noting that the numbers are difficult to estimate as migration decisions often depend on a wide array of factors, in- cluding poverty. “Given that climate change acts as an aggra- vating factor for environ- mental degradation, it is expected to boost the num- ber of people migrating because of environmental changes, both sudden and slow onset. Though the amplitude of these move- ments remains difficult to forecast, climate change is likely to become a major driver of migration in the 21st century”, it said. It cited the Intergovern- mental Panel on Climate Change, a United Nation network of 2,000 scientists, as saying that the Asia- Pacific will bear the brunt of significant temperature increases, changing rainfall CAMP Evangelista, Cagayan de Oro City––Army soldiers of the 4th Infantry “Diamond” Division overran an aban- doned rebel camp of the New People’s Army (NPA) in Sitio Kamalig, Putting Bato, Cabadbaran City, Agusan del Norte Tuesday afternoon. meters in land area and can accommodate more or less 500 persons. It is one of the main camps of Guerilla Front 21C of the New People’s Army’s North Eastern Mindanao Regional Committee. The camp has six kitch- ens, 126 bunkers, 30 out- posts and foxholes. Upon discovery of the said camp, 4ID troopers scoured the area and discov- ered the following items that were left behind by fleeing rebels: one Super Power generator (2HP NG-1000), 20 liters of gas for generator, REBEL/PAGE 2 CLIMATE/PAGE 2

description

MINDANAO DAILY MARCH 15,2012

Transcript of MINDANAO DAILY MARCH 15,2012

VOL. 1, No. 254 Cagayan de Oro City Thursday March 15, 2012 P10.00

YOUR MINDANAO-WIDE NEWSPAPERhttp://www.mindanaodailybalita.com

NONOYNONOY LECHON SERVICES

OFFERED OUT OF

TOWN ORDER

For more details, contact Tel. No.: 309-5276

HERMILINO VILLALONManager

Paying the Correct Taxes...Paying the Correct Taxes...“A Noble Act of Concern and Love, for Oneself,“A Noble Act of Concern and Love, for Oneself,

our Children and our Country”our Children and our Country”

By PAT SAMONTE, Regional Editor-Caraga

INQUIRER/PAGE 2

Editorial: 74-53-80, e-mail: [email protected] • Advertising: 0917-7121424, e-mail: [email protected]

source: pagasa

WEATHER UPDATEEASTERLIES prevailing over Northern and Central Luzon. Northern and Central Luzon and Southern Tagalog will experience mostly cloudy skies with scattered rainshowers and isolated thunderstorms. The rest of the country will have partly cloudy to cloudy skies with isolated rainshowers or thunderstorms mostly in the afternoon or evening.

Moderate to strong winds blowing from the east will prevail over Northern and Central Luzon and coming from the east to northeast over the rest of the country. The coastal waters throughout the archipelago will be moderate to rough.

BUTUAN City––The Asian Development Bank has warned countries to brace for people fleeing natural disasters as climate change aggravates rising sea levels, soil degradation and seasonal flooding.

In a study released on Tuesday, the ADB said one-third of Southeast Asia’s population lives in at-risk areas, including Indonesia, Myanmar, the Philippines and Vietnam.

Six of the 10 countries most vulnerable to climate change are in the Asia-Pacific. Bangladesh tops the list followed by India,

Army overruns rebel camp in Agusan Norte

Government troopers of the 3rd Special Forces Battalion overran the camp during mopping opera-tions in the area following an encounter with rebel groups in the hinterlands of Kitcharao last week.

Said camp is approxi-mately 300 x 400 square

‘Inquirer apologizes’

JEERS TO the Philippine Daily Inquirer for publishing photos of Corona defense witness Demetrio Vicente on its March 14 front page that were unflattering at least and malicious at most. Vicente had taken the stand to disprove allegations that Supreme Court Chief Justice Renato Corona had failed to disclose his acquisition of a 1,700 square-meter Marikina property in his statements of assets, liabilities, and net worth (SALN).

If the point was to humiliate and ridicule Vicente, not only the publication of the photographs succeeded in doing so. The caption also read “’CHARACTER’ (in quotes) WITNESS The many faces of Demetrio Vicente on the witness stand. He’s no ordinary witness after all. He’s the cousin of the Chief Justice whose wife sold him seven parcels of land in 1990, where he now grows bonsai.”

People on social networking sites found the Inquirer photos “insensitive”, “crass”, “tasteless”, and “mean,” among others. Vicente, who had suffered a stroke, had

Philippines most vulnerable to climate change, study says

Nepal, the Philippines, Af-ghanistan and Myanmar.

According to the study, natural disasters drove 42 million people from their homes in the Asia-Pacific in 2010, though it was unclear how many of those were caused by climate change.

The study did not make any specific projections for migration induced by climate change, noting that the numbers are difficult to estimate as migration decisions often depend on a wide array of factors, in-cluding poverty.

“Given that climate change acts as an aggra-

vating factor for environ-mental degradation, it is expected to boost the num-ber of people migrating because of environmental changes, both sudden and slow onset. Though the amplitude of these move-ments remains difficult to forecast, climate change is likely to become a major driver of migration in the 21st century”, it said.

It cited the Intergovern-mental Panel on Climate Change, a United Nation network of 2,000 scientists, as saying that the Asia-Pacific will bear the brunt of significant temperature increases, changing rainfall

CAMP Evangelista, Cagayan de Oro City––Army soldiers of the 4th Infantry “Diamond” Division overran an aban-doned rebel camp of the New People’s Army (NPA) in Sitio Kamalig, Putting Bato, Cabadbaran City, Agusan del Norte Tuesday afternoon.

meters in land area and can accommodate more or less 500 persons. It is one of the main camps of Guerilla Front 21C of the New People’s Army’s North Eastern Mindanao Regional Committee.

The camp has six kitch-ens, 126 bunkers, 30 out-

posts and foxholes.Upon discovery of the

said camp, 4ID troopers scoured the area and discov-ered the following items that were left behind by fleeing rebels: one Super Power generator (2HP NG-1000), 20 liters of gas for generator,

REBEL/PAGE 2

CLIMATE/PAGE 2

THURSDAY, MARCH 15, 20122 In Oroquieta City, Relax & Enjoy @

DAMINAR’S RIVERSIDE DAMINAR’S RIVERSIDE GARDEN and ResortGARDEN and Resort

Layawan, Oroquieta City

Owned and Managed by: Board Member & Mrs.

Zaldy and Bessie Daminaror Reservation: (088) 586-0350Editor: CRIS DIAZ , Email: [email protected]

CAGAYAN de Oro City––Leaders of the cooperative movement in Mindanao have launched the 1-Koop Mindanao Party in the first-ever gathering of more than 300 representatives of various cooperatives in the island.

Representatives of more than 74 primary coopera-tives all over Mindanao gathered at the Pearlmont Hotel in their first-ever Party General Assembly to plot the political future of cooperatives.

“This is a milestone for the cooperatives in Mindan-ao,” said 1-Coop Mindanao Party Interim President Ed-gar Amoronio, the general manager of the Sta. Catalina Multi-Purpose Coopera-tive (SCMPC) of President Roxas, North Cotabato.

Amoronio, a director of the Mindanao Alliance of Self-help Societies- South-ern Philippines Educational Cooperative Center (MASS-SPECC), said that it is high time that Mindanao coop-eratives show its muscle in the political arena, starting next year.

“Most view the coop-erative movement in the Philippines, especially in Mindanao, as not a very potent force in the political affairs of the country. Most view it as only for economic activity and economic un-dertaking. But we must remember that the economic activities of cooperatives have very great potentials in shaping the economic policies of the country,” he told this reporter in an interview.

Amoronio explained that Mindanao cooperative lead-ers decided to band together and create the 1-Coop Min-

Inquirer...from page 1

difficulty speaking dur-ing yesterday’s Senate trial.

The Inquirer, through its Twitter account, did take note of the comments, but chose to defend its decision. It said the “point was we didn’t find it funny

Climate...from page 1

rainfall patterns, greater monsoon variability, sea level rise, floods, and more intense tropical cyclones. Most scientists expect such changes to accompany a rise in the planet’s temperature caused in part by greenhouse gases from burning fossil fuels for electricity and transport.

The region is particularly vulnerable because of high population density and long

Rebel...from page 1

tor, 100 meters of elec-tric wire, two gallons of improvised explosive device (IEDs), 12 sacks of assorted materials used for the pro-duction of IEDs, two gallons of epoxy, four cans (1.35 kgs per can) of marine epoxy and other food stuff.

MGen Victor A Felix AFP, Commander, 4ID said ‘this discovery of the NPA’s main camp in Cabadbaran City is a welcome develop-ment in the Filipino people’s fight against insurgency in the country. Your Army, specifically your Diamond Division’s, relentless pursuit to perform our mandated task is geared towards pro-

tecting the people and the sovereignty of our country.’

“It is very evident by the way said camp was hast-ily abandoned that these armed criminals can no longer defend their former stronghold. This is a result of the NPA’s losing influ-ence in the area and over the masses.

“Everyday more and

more of our civilian broth-ers and sisters in the coun-tryside are realizing the reality of the futility and the treachery of the armed movement. People are now opened to the truth that the NPAs are not about championing the cause of the poor but about using the poor to push forward their personal gain.

“We are happy that the populace is actively working which led to the discovery of this camp. We hope that others will fol-low their lead and help us in our future operations. After all, the successful accomplishment of our mis-sion is not for our benefit alone, it is for the whole Filipino nation.

“While we believe in the primacy of peace talks, we should be able to put up an effective deterrent against armed threats. And this is the reason for all our mili-tary operations. We need to protect the people from any form of atrocities, ex-ploitation and harassments being done by the NPAs”, added MGen Felix added.

nor was it our intention to make fun.” It added, somewhat disingenuously, that: “Those were the only photos available.”

Regardless of the editors’ intent in publishing the photos, it was still in viola-tion of the ethical mandate of humaneness, which in practice means “Treat(ing)

sources, subjects and col-leagues as human beings deserving of respect, not merely as means to jour-nalistic ends.” (The CMFR Ethics Manual: A Values Approach to News Media Ethics)

It was also in violation of the Inquirer’s own Style-book: A Manual of Style and

Usage for Editors, Writers, Reporters and Students, which requires editors to ask themselves when decid-ing what photos to publish what readers “are likely to add or read into their in-terpretation of the photo’s content,” and whether “the positive reasons for pub-lishing the photos outweigh

the almost certain negative reaction they will elicit from a sizeable portion of the readership.”

CMFR earlier said that an apology to both Vi-cente and Inquirer read-ers, as some netizens have suggested, is definitely in order. Inquirer did apol-ogize online, which was

good. But an apology on its front page would be even better—preferably with the acknowledgment that it violated both the universally accepted ethical principle of humaneness as well as its own Manual of Style and Usage. Center for Media Freedom and Responsibility

coastlines, the study said.It noted recent examples

of such migration including Papua New Guinea, where residents of Carteret and neighboring atolls moved to the island of Bougainville because of rising sea levels.

In 2010, more than 10 million Pakistanis were dis-placed by monsoon rains and flooding along the Indus River basin, and last year, a typhoon ravaged Mindanao in Southern Philippines, dis-placing more than 300,000 people. (AP)

Mindanao cooperatives launch another partylist

By BONG D. FABEContributor

danao Party because of the “need for cooperatives to have a participation in the policy-making bodies of this country, especially in legislation.”

Sen. Aquilino “Koko” Pimentel III encouraged the Mindanao cooperative leaders to continue pursuing their vision of peace and progress in the southern Philippines.

“I am convinced that cooperative development has the potential to become a dynamic arm for national development,” he said.

Pimentel narrated that he had a firsthand knowledge in the creation of coopera-tives, having “helped in the formation of a teachers’ cooperative as well as a farmers’ cooperative.”

“One reason for my doing so was that I have seen and learned about cooperatives while I was studying. I saw for myself

what tremendous good an effective cooperative can do to improve the lives of its members and their com-munities,” he said.

The 1-Koop Mindanao Party is composed of co-operatives from ARMM, Caraga and Regions 9 to 12 but it is concentrated at present in Regions 10 to 12 and in the Zamboanga Peninsula.

Amoronio said that the formation of the 1-Koop Mindanao Party was the result of years of sharing among cooperative leaders in the island about how to strengthen the cooperative movement in Mindanao as well as how to defend the political gains attained in 1983 in order to help gov-ernment finally achieved the longed-for peace and progress of the island, con-sidered the Promised Land of the Philippines but still wallowing in poverty and

underdevelopment.He said dismissed moves

to have the partylist system scrapped, saying that the partylist system was institu-tionalized precisely to give voice to the marginalized sectors of society in the so-called corridors of power.

“It is the reality of the political life of our country that if we don’t have re-sources, we have no voice in the political arena,” he said, adding that cooperatives are among the richest groups/sectors in the country today.

But cooperatives are made up of 80 to 90 per-cent marginalized sectors such as farmers, fishermen, ambulant vendors, labor-ers—individuals and groups who have no representation and no voice in the halls of power in Manila.

“Instead of scrapping the partylist system, govern-ment should strengthen it,” he added. (Bong D. Fabe)

CAMP SIONGCO, Maguindanao ––Police authorities in Sultan Kudarat province are hunting down members of the Al-Khobar extortion gang believed to be responsible in the bombing of the Tacurong City Integrated Bus Terminal on Monday.

Superintendent Danilo Peralta, Sultan Kudarat police provincial director, said investigation showed that the Rural Bus Transit management had received extortion letters from the group demanding “protection money” which was ignored.

A powerful improvised explosive device fashioned from 81-mm mortar with mobile phone as trigger mechanism went off 4 p.m. Monday at a roadside leading to the bus terminal while two buses were passing by.

Nobody was hurt but the blast caused damages to three Rural buses.

Police had been placed on heightened alert following the blast after intelligence reports showed more bomb attacks will take place.

Police and military authorities have blamed the Al-Khobar gang composed mainly of former Moro rebels turned bandits and preying on bus companies and mul-tinational firms by extorting protection money.

A day before the blast, authorities recovered two IEDs in Lambayong, Sultan Kudarat. Wire report

Police hunts suspectsin Tacurong bombing

SIBAGAT, Agusan del Norte––Sixteen people were injured after the bus they were riding in turned on its side at Tabon-Tabon, Sibagat, Agusan del Norte Sunday morning.

Reports reaching the Philippine National Police (PNP) headquarters in Camp Crame, Quezon City stated that a “Bachelor

16 injured in road mishap

Bus” lost control while negotiating a slippery road in the locality.

All 16 passengers sus-tained injuries and were treated in local hospitals.

The PNP report did not identify the names of the passengers and details of the ill-fated “Bachelor Bus.”

Cd with wire report

THURSDAY, MARCH 15, 2012 3News In Focus

OFFICE OF THE NOTARY PUBLICATTY. ANTONIO L. AMARGA

ATTORNEY-AT-LAW16 Pabayo St.

Cagayan de Oro CityTel. No: 72-30-90

RURAL BANK OF GITAGUM (MIS.OR.) INC. # D – 2012 – 343 Mortgagee RE: Extrajudicial/Notarial Foreclosure of Real Estate Mortgage -versus-

Sps. EMETERIO and ANGELA JARAMILLO BAGAS Mortgagorx---------------------------------------------------------/

NOTICE OF AUCTION SALE BY NOTARY PUBLIC

Upon extra-judicial petition for sale under Act. 3135, as amended filed by Rural Bank of Gitagum (Mis.Or.) Inc. with office address at Poblacion, Gitagum, Misamis Oriental, against Sps. Emeterio and Angela Jaramillo Bagas, all of legal age, Filipino citizens and residents of Sinai, Laguindingan, Misamis Oriental, to satisfy the mortgage indebtedness which as of January 31, 2012 amounted to Php. 1,499,988.89 excluding attorney’s fees equal to 10% of the outstanding balance and expenses of foreclosure, the undersigned or his duly authorized deputy will sell at public auction on April 30, 2012 at 9:00 o’clock in the morning or soon thereafter at the Hall of Justice, Initao, Misamis Oriental to the highest bidder for cash and in Philippine Currency, the following property/ies described below, to wit;

TCT No. T-5307Tax Declaration No. 0818001004771, PIN: 052.18.0010.005.01

A PARCEL OF AGRICULTURAL LAND including all improvements thereon under Cad Lot No. 13094-Part containing an area of 30,000 square meters more or less located at Sinai, Laguindingan, Misamis Oriental; Bounded on the NORTH by Lot No. 26 & 27 of Sec. 002; SOUTH by Lot No. 06, 07, 05 & 04; EAST by Barangay Road, WEST by Lot No. 33 & 34 of Sec. 006. Declared in the name of Angela Jaramillo-Bagas.

TCT No. T-5307Tax Declaration No. 0818001004772, PIN: 052.18.0010.005.02

A PARCEL OF AGRICULTURAL LAND including all improvements thereon under Cad Lot No. 13094-P containing an area of 33,313 square meters more or less and residential land containing an area of 400 square meters more or less located at Sinai, Laguindingan, Misamis Oriental; Bounded on the NORTH by Lot No. 11 of Sec.003; SOUTH by Lot No. 03; EAST by Lot No. 003; WEST by Barangay Road. Declared in the name of Angela Jaramillo-Bagas. Should there be no other bidder or only one (1) bidder, the auction sale scheduled above shall be held again on MAY 29, 2012 at the same time and place. Prospective buyers may investigate for themselves the title of herein above-described and encumbrances thereon, if any there is. Cagayan de Oro City, February 24, 2012

(Sgd.) ANTONIO L. AMARGA Notary PublicMDB: MARCH 15, 22, & 29, 2012

PACT/PAGE 7ASSISTANCE TO DOLE R-10 EMPLOYEES. Rep. Rufus Rodriguez hand over financial assistance amounting to P36,000 to DOLE region 10 employees who were also Victims of the typhoon sending.

MALAYBALAY City––The provinces of Bukidnon and Cebu signed a memorandum of agreement on March 10 in an effort to further strengthen the relations of the two provinces.

The signing of the agreement was held during the celebration of the 95th founding anniversary of the province of Bukidnon on March 10.

Cebu Governor Gwendolyn “Gwen” Garcia said the two provinces have continuing partnership in terms of trade and commerce.

Garcia is optimistic that with the signing of the agreement, the two provinces will be able to establish good rapport.

On one hand, Bukidnon Governor Alex Calingasan said province intends to replicate the best practices of Cebu like solving insurgency.

Garcia, on the other hand, told reporters during a press conference that she admired the “best practices” of

DESPITE calls to bring down the expanded value added tax (EVAT) on oil to 10 percent to help ease the burden of the Filipino people, Malacañang on Wednesday said that the tax on oil will remain at its current state of 12 percent.

Presidential Spokesper-son Edwin Lacierda said in his regular press brief-ing that the income gener-ated by the EVAT on oil is needed to fund the various pro-poor programs of the government.

“…the taxes (on oil) are really needed. While the circumstances at that time when it was imposed are different now, we need it to continue to fund our programs,” Lacierda said.

He countered criticisms that these government pro-grams, such as the Condi-tional Cash Transfer, do not need funding from the EVAT on oil as these have separate funding from for-eign sources.

“On the Conditional Cash Transfer, we just like to state for the record that

CAGAYAN de Oro City––The Ambassadors of the United Kingdom of Great Britain and Northern Ire-land, and Switzerland as well as the country rep-resentative of the United Nations Population Fund (UNFPA) expressed grate-fulness Tuesday to the “Sen-don survivors” for showing and teaching them how to be resilient in the midst of a very bleak circumstance.

Swiss Ambassador to the Philippines Ivo Sieber, with UK Ambassador Stephen Lillie and UNFPA Country Representative Ugochi Flor-ence Daniels arrived here Tuesday in a very low profile visit to the relocation sites of the survivors of Tropical Storm Washi (locally named Sendong), which devastated a huge portion of this city and neighboring Iligan City last December.

Foreign officials visit Oro, Iligan relocation sites

B’non, Cebu ink pactBy DAHLIA BENEMERITO, Correspondent

BRIEFING. Archbishop Antonio J. Ledesma briefs Swiss Ambassador to the Philip-pines Ivo Sieber, UK Ambassador Stephen Lillie and UNFPA Country Representative Ugochi Florence Daniels about the efforts of various government agencies, civil society organizations, academe and the Archdiocese of Cagayan de Oro to help the Sendong survivors when they paid a courtesy call to the Jesuit prelate at his official residence Tuesday during the dignitaries’ low-profile visit to Cagayan de Oro City. Photo by Bong D. Fabe

By BONG D. FABE, Contributor

More than 1,000 were killed and another thousand are still missing when flood-waters rampaged through the city, overflowing the Cagayan de Oro River, and destroying everything in its path on the night of December 16, 2011.

Sieber, Lillie and Daniels expressed happiness for the rare opportunity to visit and hobnob with the Sendong survivors at the tent city in Barangay Canitoan.

“I am very happy to see all of you and talk with you. I am happy because you are all showing the resiliency and determination to re-cover from the devastation you all went through last December,” Sieber said.

Switzerland donated last December some 300,000 Swiss francs (about P14 million) to support the Philippine government’s

rehabilitation efforts for the victims of Sendong.

Aside from the cash do-nation, the Swiss govern-ment through the Swiss Agency for Development and Cooperation dispatched a team of water and sanita-tion experts to flood-rav-aged areas in this city and in neighboring Iligan City.

In 2009 right after the devastation wrought by Typhoon Ondoy, the Swiss government provided a total of 1.5 Swiss francs for the rehabilitation of the victims.

The Swiss government established its first consulate in Asia in Manila. It will be celebrating its 150th anni-versary on March 18, 2012.

“It is very impressive to see all of you here and the determination you have to rise above the situation and making something positive about a very bleak circum-stance,” Sieber said.

Palace says ‘e-vat’ on oil stays

we have—we are now ser-vicing three million family beneficiaries. Out of the three million family ben-eficiaries, 900,000 family beneficiaries are funded by the World Bank-ADB (Asian Development Bank) loan. So 2.1 million (family beneficiaries) are funded by our GAA (General Ap-propriations Act),” Lacierda explained.

“But even then, that for-eign loan ultimately ba-bayaran rin natin ‘yan eh. So babayaran ng gobyerno ‘yan so talagang pera rin ng pa-

mahalaan ‘yung pambayad doon,” he added.

L acierda a lso c ited the statement of Finance Secretary Purisima who underscored the need for the EVAT on oil as part of the government’s revenue base.

“We need to continue to build a revenue base rather than go backwards. This way, our cost of borrowing will continue to go down creating more space for social investment. ‘Yan po ang reasoning ni Secretary Purisima,” Lacierda said.

BULATLAT.COM PHOTO

BUTUAN City––The Sang-guniang Panglunsod re-cently passed an ordinance authorizing Mayor Ferdi-nand Amante Jr. to offer potential Public-Private Partnership (PPP) projects to private investors.

Principally authored by Vice Mayor Lawrence Fortun, the ordinance is in consonance with Executive Order No. 51 that created the PPP Executive Team to advocate, conceptualize, initiate, organize, coordi-nate, direct and oversee the planning, implementation, monitoring and evaluation of PPP programs, projects and activities.

In filing the ordi-nance, Vice Mayor Fortun noted the city’s natural and economic resources that are potential for the rapid economic growth, and sustainable and equitable development of the locality.

“There is also an impetus to develop and implement a comprehensive economic agenda to maximize and convert potentials into con-crete and environmental gains,” further said.

The PPP, as advocated by the national government, is seen by the vice mayor as a pivotal and key strategy in the implementation of the economic agenda.

He also explained that the Local Government Code of 1991 has vested upon the LGUs the prerogative to enter into contracts on its properties, subject to limitations imposed by law, and authorized the LGUs to undertake major infra-structure improvements and to seek financing for this purpose, he stated.

Among the projects eli-gible for PPP offering are

Mayor getsgo-ahead onPPP projects

By ELDIE N. DAVID

MAYOR/PAGE 7

SITES/PAGE 7

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PROPERTY/p.7

Registered

Atty. Sara Jane A. SuguitanAtty. Sara Jane A. Suguitan

THINK a minute.There was a young, in-

telligent university student named Bill. Bill was what some people call a “free spirit” or “hippie.”

He had wild long hair, always wore the same old and torn T-shirt, jeans and no shoes.

Across the street from the university campus was a conservative church. The people there were rich, old-er and well-dressed. They wanted to help the university students nearby, but they did not know exactly how to do it.

Well, one day Bill de-cided to go visit this church by his university. As usual, he went wearing his only jeans, old, torn T-shirt and his dirty long hair.

The church service had already started and was full, so Bill walked down

The Hippie and the old man

the center aisle looking for a seat.

People were getting more and more uncomfortable as they watched this unclean, wild-looking young man.

Finally, Bill got to the front and saw there were no more empty seats, so he just sat down on the floor right in front of the preacher.

No one had ever done that in this church before! By now, everyone was upset and distracted.

Then, a respected old church deacon got up and

started toward the front. Everyone was thinking:

“You can’t blame the deacon, he really should correct this disrespectful young man.” Everyone was watching.

Eve n t he pre a che r stopped his sermon when the old man finally got to the front.

Then, they were all com-pletely surprised to see the old deacon drop his walking stick and very slowly sit down on the floor next to this young hippie.

He did not want this

young man to sit alone and feel unaccepted. The people in the church were moved to tears.

Finally, the preacher said: “What I am preach-ing about today you will probably never remember. But what you have just seen you will never forget!”

Friend, it does not mat-ter how you look or how much money or education you have.

It does not matter what wrongs you have done in your past. Jesus Christ for-gives and loves you just the way you are.

So won’t you ask Him to forgive you and finally take full charge of your life?

He will fill your life with His real love, peace, and power you need to start changing and living His way every day.

Just Think a Minute.

Think A Minute

Jhan Tiafau HurstJhan Tiafau Hurst

THE CAGAYAN DE ORO Water District (COWD) pains the neck among water concessionaires in Cagayan de Oro City.

It is not only one or two but practically all water concessionaires in Cagayan de Oro City have fallen on COWD’s ‘hocus-pocus’ billings.

How their billings shoot up more than 100 per cent in the January billings jolt everyone from their seats. For instance, a usual billing of P600 per month went up P1,200 plus when the bill-ings were served on February.

The problem with Cowd is the penchant of its personnel in shrugging off complainants. ‘We can’t do otherwise since that’s what the billings tell,’ a person-nel mused when asked on what happened.

Concessionaires are also aghast of Cowd’s exorbitant surcharge of 10 per cent on failure to pay on time. What! Ten percent?! This is too much! It is time for conces-sionaires in Cagayan de Oro to rise up against Cowd. It is time to unite against this exploitative utility firm!

One remembers when Cowd personnel themselves held a daily protest in front of Cowd. By the way, the protests were for the board of directors to return benefits taken from them as part of the district’s cost cutting measure.

Now, the concessionaires must protest as a strong message that Cowd needs an overhaul. Perhaps, it is time for concessionaires to push its plan to convert the Cowd to a cooperative so members will have ac-cess to its operations.

Cowd hostage concessionairesFor now, the Cowd is only after attaining higher

revenue at the expense of lowly concessionaires. In fact, the court has ordered the water firm to stop implementing its 30 per cent water rates increase. That was fair.

What is unfair is allowing this water firm to suck concessionaires with unscrupulous billings and illegal surcharge. What is the basis of Cowd to collect a 10 per cent surcharge? If a water concessionaire failed to pay the required deadline, maybe a five per cent surcharge will suffice.

Here, this water firm seemed to have abused the confidence of lowly concessionaires since they have no option but avail of the basic services. The consum-ers are really hostages of private utility firms whose primordial objective is only for profit.

This is also happening in communication sector. For instance long-time patrons of Philcom, a Manila-based communication firm, had to get the services of other communication firm. The problem lies with Philcom’s unfair treatment of subscribers.

There was a move to convert Cowd into a coopera-tive. That is possible since other utility firms such as power and light are manage by cooperatives. No doubt, cooperatives can managed water and communication services in due time.

In Cagayan de Oro City, a consumers’ group formed to address this problem has not done anything concrete. It appears that the group is only good in rabblerousing. This is the problem when credibility and intention become doubtful. However, we are confident that the consumers’ group will do its assignment in the near future. React: [email protected]

Cris DiazCris Diaz

The rise of the new asset class: securitizing

intellectual property

CONGRESSMAN/p.7

Kakampi mo ang batas

Atty. Batas MauricioAtty. Batas Mauricio

Absurdities from a congressmanLIFE’S INSPIRATIONS: “… Now listen, you who say, `Today or tomorrow we will go to this or that city, spend a year there, carry on business and make money.’ Why, you do not even know what will happen tomor-row… Instead, you ought to say, `If it is the Lord’s will, we will live and do this or that’…” (James 4:13-15, the Holy Bible).

-ooo-NAMES OF GOD: From

the Book of Revelation of the Bible, particularly Rev-elation 2 and 3, it would appear that God has these seven names: “He who holds

the seven stars and walks among the seven golden lamp stands”; “The first and the last, who died and came to life again”.

“He who has sharp, double-edged sword”; “The Son of God, whose eyes are like blazing fire and whose feet are burnished bronze”;

“He who holds the seven spirits of God and the seven stars”; “He who is holy and true, who holds the key of David”; “Amen, the faithful and true witness, the ruler of God’s creation”.

-ooo-ROTARIANS, AS A

MATTER OF CHOICE:

Dennis Sunio, the incom-ing Rotary International District 3820 governor, last Saturday, March 10, 2012, gave a stirring exhorta-tion for the District’s club presidents and secretaries who will serve with him for Rotary Year 2012-2013: each Rotarian must unite and make Rotary’s brand of service---“service above self ”---more accessible to more Filipinos who are poor and needy.

In an address during District 3820’s “Presidents-Elect and Secretaries-Elect Training Seminar” at the

First of two partsPHILIPPINE laws recognize three kinds of property, namely, 1) immovables or real property; 2) movables or personal property and 3) intangibles or intellectual property (IP).

Intellectual property such as brands (trademarks), songs, literature, films and other artistic works (copy-right) and innovations and inventions (patents) have proven to be valuable assets. The Coca-Cola trademark is valued at US$71.861 billion in 2011. Apple is valued at US$ 33.492 billion. The Blackberry brand is worth US$6.424 billion. When the patent life of the anti-ulcer drug, Zantac was extended from December 1995 to July 1997 in the United States, Glaxo’s shares increased 640 points in the London stock market.

Legally protected (meaning registered) intellectual property also has value because of the future stream of income that it generates. In 1997 English artist David Bowie issued bonds over the current and future revenues of his 300 songs in a deal that paved the way for more IP securitization deals to follow. His music rights, an intangible asset, served as collateral. Prudential Insurance

THURSDAY, MARCH 15, 2012 5

Editor: Joe del Puerto Felicilda , Email: [email protected]: Joe del Puerto Felicilda , Email: [email protected]

088-855-19450918-979-31300922-865-9063

ADDRESS: 003 Guijo Street Baloy Cagayan de Oro City

EMAIL ADDRESS:[email protected]

By P/SUPT. RONNIE FRANCIS M. CARIAGA

BY ROWJOE S. FELICILDA M C

I P

THERE are several condi-tions that are commonly treated by acupuncture, from the common cold to infertility.

While it isn’t used as a primary treatment for can-cer, it has been known to relieve certain side effects

of treatment. Acupuncture is con-

sidered to be an effective complementary therapy for cancer patients by The National Institutes of Health (NIH). (extracted from Lisa Fayed’s article in About.com Guide)

Conditions treatable by acupuncture

SP approves ATP committeeBUTUAN City - The Sangguniang Panglunsod has approved the creation of the City’s Anti-Trafficking in Persons Committee. To this effect, it passed City Ordinance 3842, series of 2012 that goes goes along the intensification of the country’s drive against trafficking in persons.

FMR gets P5M budgetSURIGAO del Norte - The government has earmarked P5 million for the construction of the Katipunan-Maasin farm-to-market road in Pilar town. The project is aimed at improving the inter-barangay and inter-municipal linkages on agriculture and aquaculture economic activities in Siargao Island. To be undertaken by the DPWH this year, the road connects to the remote villages, through the Osmeña-Pilar Junction to Maasin.

CSC-13 orients govt workers on SALNREGION 13 – The Civil Service Commission (CSC-Caraga), headed by Director Adams Torres has con-ducted an orientation on the revised Statement of Assets, Liabilities and Net Worth (SALN) in Butuan City. The activity was attended by employees of vari-ous government agencies in the region.

Governor agrees to drug testSURIGAO del Sur - Gov. Johnny Pimentel has ex-pressed interest over the conduct of drug tests for capitol employees. He said, the department heads themselves are asking him to order for the imme-diate conduct of such a test. He added Surigao del Norte and Agusan del Norte have already finished the process.

Director Abner M. CagaPIA, R10 & 13 Cluster

PIA News Bits

Compiled by KHRISTHA RIVA ARFENEMDaily Joke

Selling war insuranceAirman Jones was assigned to the induction center where he was to advise recruits about their gov-ernment benefits, especially their GI insurance.

It wasn’t long before Captain Smith noticed that Airman Jones had almost a 100% record for insurance sales, which had never happened before.

Rather than ask about this, the Captain stood in the back of the room and listened to Jones’s sales pitch. Jones explained the basics of the GI Insurance to the new recruits, and then said:

“If you have GI Insurance and go into battle and are killed, the government has to pay $200,000 to your beneficiaries. If you don’t have GI insurance, and you go into battle and get killed, the govern-ment has to pay only a maximum of $6000.”

“Now,” he concluded,” which bunch do you think they are going to send into battle first?

BUKIDNON––Peace-pact holders, ritualists and tra-ditional leaders of the Bangsamoro and the In-digenous Peoples (IPs) in Mindanao have converged for the traditional peace pacts at the Talaandig An-cestral Territory in Sungko, Lantapan town Bukidnon, March 7 and 8 this year. The rituals was the result of the series of consultations in the provinces of Zambo-anga Sibugay, Sultan Kuda-rat, Maguindanao, North Cotabato, Misamis Oriental and the two Lanaos, among

IPs and Bangsamoro hold peace ritualsthe IPs and BM people in relation to the GPH-MILF Peace Process. Dubbed as the “Ceremo-ny to Reaffirm the Kinship”, it was aimed at awakening the relationship among the early inhabitants in Mind-anao. The two-day activity was witnessed by mem-bers of the Government of the Philippines (GPH) and MILF peace panels, United Nations (UN) officials and other government represen-tatives. (PIA Region 10 and 13 Cluster/jdelpf)

MISAMIS Occidental - Tangub City has honored, dur-ing its 44th charter anniversary, the contribution of its former mayor and governor Alfonso Tan, whose efforts led to the development of the city to what it is right now.

Tan, was the City Mayor of Tangub when he was appointed governor of Misamis Occidental by the late President Corazon Aquino after she assumed the presi-dency in 1986.

Another contribution of the later governor cited by the Tangubanons was putting up of elementary schools in all of the city’s 55 barangays.

For his part, Mayor Philip Tan was amazed at how the former governor was able to convince the people of Tangub to donate lands for the city’s roads network. (PIA Region 10 and 13 Cluster/jdelpf)

Tangubanons honor late provl chief executive

AGUSAN del Sur - The Department of Health (DOH) has turned over the newly-constructed P15 million Talacogon District Hospital to the provincial and municipal governments signalling better health for the Agusanons.

Health Assistant Secre-tary Romulo Busuego offi ci-ated the ceremonies, with Provincial Governor Adolph Edward Plaza and Talacogon

DOH turns-over P15M hospital to LGUsMayor Isaias Masendo.

The governor said he foresees the 50-bed capacity hospital to also serve the people of La Paz, San Luis, Talacogon and Loreto towns.

Governor Plaza observed, it is easier for patients to reach Talagocon than the D.O Plaza Memorial Hospi-tal in Patin-ay, Prosperidad considering the more than 30-kilometer diff erence in distance.

P/Chief Supt . Jufel C. Adriatico, Police Regional Office (PRO-10) regional director, announced the transfer and reassign-ment of senior officers to various key positions.

This, in his desire to make PRO-10, as one of the best regional police offices in the country.

Affected in the revamp are P/Sr. Supt. Noel Ar-milla from the Regional Intelligence Division to the Regional Human Re-sources and Doctrine De-velopment Division; P/Sr. Supt. Bernardo Reamon Jr. from the Regional Hu-man Resources and Doc-trine Development to the Regional Operations and Plans Division;

P/Sr. Supt. Cristeto Rey Gonzalodo from the Regional Headquarters Service Support Group to the Regional Police

PRO-10 revamps senior officers

C ommunity Relat ions Division; P/Sr. Supt. Leo-ni lo C abug f rom the Regional Invest igation and Detection Manage-ment Divis ion to the Regional Headquarters Service Support Group;

P/Supt. Jerry Linsagan from the Regional Police C ommunity Relat ions Division to the Regional Investigation and Detec-tion Management Divi-sion; and P/Supt. Leony Roy Ga from the Regional Op erat ions and P lans Division to the Regional Intelligence Division.

E a r l i e r, t h e p o l i c e provincia l d irec tor of Misamis Occidental, P/Sr. Supt. Robert Quen-ery, was transferred to the National Capital Re-gional Police Office and replaced by P/Sr. Supt. R aul B enitez , as OIC. (RFMC/jdelpf )

THURSDAY, MARCH 15, 20126

Editor: RUEL PELONE , Email; [email protected]

BUTUAN CITY, BAYUGAN CITY, SAN FRANCISCO, TAGUM CITY

SUZUKI * HONDA YAMAHA* KAWASAKI

MEMBER: G.A. ROMARATE GROUP OF COMPANIES

KIMBERLITE PAWNSHOP MALAYBALAY BRANCH

Kimberlite Pawnshop will be having an AUCTION SALE on all items that expired on January 2012

AUCTION DATE: MARCH 15, 2012Estrada Bldg., Fortich-Don Carlos Sts.,

Malaybalay City, Bukidnon

FOR SALE4 UNITS PASSENGER JEEPS

All good running conditions with franchise, for 1M negotiable.

See to appreciate

Contact Person: Dedee, Tel. #: 858-9286192 A Apovel Subdivision, Bulua, Cagayan de Oro City

Owner leaving abroadM’nao Daily: 34 Issues

PROPERTY FOR SALEContact cell #-09199311164

1. 3.404 Hectars Industral Lot w/ Power Lines 3 Phase, w/ 1 hectar Quarry, 20,000 m3 crush gravel more or less.

Location Nasalaban Santa Ana, Tagoloan Mis. Or.2. 6.5 Hectars Lot w/ 1 Hectar Quarry, w/ Power Lines 3 Phase. Location Bontong, Santa Ana, Tagoloan Mis. Or.3. 5 Hectars, Lot w/ 3Hectars Quarry Location Natumolan Tagolaon Mis. Or.

GOLDEN ICON PAWNSHOPBenerandita L. Abrasaldo

Main Branch: Lt. Guillermo St., Cagayan de Oro CityTel. No. 72-99-73

Puerto Branch: Puerto, Cagayan de Oro CityTel. No. 74-26-75

NOTICE OF AUCTION SALE

Starting March 23, 2012 8:30 in the morning up to 5:30 in the after-noon, this establishment will hold a public auction of all overdue pledges from November 1, 2011 to January 31, 201 patrons are enjoined to verity their receipts.

The Management

Sa Marso 23, 2012 sa alas 8:30 sa buntag hangtud sa alas 5:30 sa hapon, ang tanang butang Pinerenda nga wala makuha o malukat sa bulan sa Nobyembre 1, 2011 hangtud Enero 31, 2012 maapil sa subasta. Gi-awhag ang tanang butang sa Pagsusi sa ilang resibo.

Ang TagdumalaMB: Mar. 15, 2012 CROSSWORD puzzleACROSS

1. Write 4. Landed property 9. Mideasterner 11. Game on horseback 13. Musical tone 14. Egg-shaped 16. Aluminum symbol 17. Gem weight 19. Approached 22. Free-for-all 24. Actor Diesel 25. Slip 27. Revise 29. Distress signal 30. Carnivorous mammal 32. Compass point 34. List of candidates 36. Radon symbol 37. Actress Gamboa 39. Not down

41. Old Italian currency 42. Originate 44. Central American country 45. Enemy

DOWN 1. Strike gently 2. Actor Quizon 3. Sodium symbol 5. Rush 6. Toddler 7. Actor Baldwin 8. Preposition 10. Discontented 12. Mixes 15. Manservant 16. Idi_ 18. Out of line 20. Avoid 21. Affirm 23. Bird of prey

26. Money lent 28. Ways and_ 31. Muslim religion 33. Lean 35. European cur-rency 38. Period of time 40. Urinate 41. Vida Loca 43. Whether

CIRCLE A WORDBLOODBOW KNOTBOWLINEBUTTERFLYCLINCHCLOVE HITCHFIGURE EIGHT

FISHERMAN’SFLEMISHGRANNYHALFNAILOVERHAND

ALL TIME FAVORITES

PRUSIKSHEETBENDSQUARETARBUCKTIMBERTURLEWATER

SUDOKUHow to play the game?Fill in completely every rows, columns and diagonals of each puzzle without repitition of the same digit.

Ang miagi

THE Palace lauded the Phil-ippine Azkals for advancing to the semifinals of Asian Football Confederation (AFC) Challenge Cup af-ter defeating Tajikistan on Tuesday at the Halchowk Stadium in Kathmandu, Nepal, a Palace official said.

“This is the highest level of our victory so far. It is higher than winning the Suzuki Cup,” Presidential Spokesperson Edwin Laci-erda said during the regular press briefing in Malacanang on Wednesday.

“We urge them to con-tinue to perform their best and to do proud for our country,” he said.

The Azkals rallied from a one-goal deficit to nip

Palace twits Azkals

Tajikistan, and clinch – for the first time – a semi-finals berth in the AFC Challenge Cup. The team finished with a 2-0-1 win-draw-loss slate.

Replicating its amazing AFF Suzuki Cup run in 2010 which brought the country into the football map, the Philippines will take on Group A topnotcher Turkmenistan on Friday. The winner of that match will earn a ticket in the Challenge Cup finals.

LACIERDA

Johnnel P. Balquin of Misamis Oriental team presents the championship trophy he won in the 1st Governor Alex P. Calingasan Kaamulan 2012 Bukidnon Open Chess Tournament held March 5 to 10 in Malaybalay. Balquin paid a courtesy call to Misamis Oriental Vice Gov. Norris Babiera to announce his victory for the province. He won the P40,000 top cash prize of the torurnament. Photo by Gerry L. Gorit

THE Philippine national boxing team, under the auspices of the Amateur Boxing Association of the Philippines (ABAP) and sponsored by PLDT, has embarked on its last ditch preparations for the tough Olympic qualifiers ahead.

Both the men’s and women’s teams are now in feverish training and spar-ring with their Thai coun-terparts in the spanky new National Sports Training Center located in Muak-lek district in the Saraburi province of Thailand, some 150 kilometers north of Bangkok.

ABAP executive direc-tor Ed Picson describes the Center as a “sprawling facil-ity far from the distractions and pollution of the city.”

Added Picson: “It is con-ducive to focused training. The boxing facilities are

RP boxers seek more London slotsmore than adequate. There is a track for road runs and another for sprints. The weights room is state of the art and the accommoda-tions, although basic, are clean, spacious and com-fortable. The food is also nutritious.”

To date only one Fili-pino boxer has made it to the London roster – light flyweight Mark Anthony Barriga who qualified in the World Championships in Baku, Azerbaijan late last year. ABAP hopes to get more boxers to London via the Asian qualifiers for men and women.

The last opportunity for the men will be held April 4-13 in Astana, Kazakhstan. The men will go directly from Thailand to Astana on March 24 for acclimatiza-tion and training with the Kazakhstan national team.

The temperature there is said to be hovering at around 15 degrees below zero.

Picson says those per-forming well are World Series of Boxing sensation Charly Suarez, Asian Games gold medalist Rey Saludar and 2011 SEA Games gold medalist Dennis Galvan.

“But there are seven

more boxers here and you never know who else will step up,” said Picson.

The women are bannered by veterans Josie Gabuco, Alice Kate Aparri and Nes-thy Petecio.

The women will head for a colder clime as they depart for Ulanbataar,

SLOTS/p.7

PALARO/p.7

EXPECT a clean and green 2012 Palarong Pambansa!

This is the pronounce-ment of Education Sec-retary Br. Armin Luistro FSC during the signing of the memorandum of understanding between the department and this year’s host the provincial government of Pangasinan represented by Governor Amado T. Espino Jr.

Luistro said the depart-ment will seriously pursue the campaign to make the Palaro an environment-friendly event by requiring food caterers to dispense

Palaro 2012goes ‘cleanand green’

THURSDAY, MARCH 15, 2012 7

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Look for Ai/Rose

New styles of brand new, branded dresses and blouses, sandals and bags

2 51 30` 0

PCSO DRAW RESULTS - MAR 14, 2012

4-D : 9-4-8-7

52-43-50-54-23-09Jackpot Prize:Php61,255,022.40

29-02-22-33-04-47Jackpot Prize:Php46,752,087.60

20-40-12-04-09-30Jackpot Prize:Php6,769,876.00

26-23-31-09-13-24Jackpot Prize:Php4,500,000.00

11a.m. - 23-254p.m. - 14-219p.m. - 30-29

11 a.m. 4-8-8 4 p.m. 0-7-2 9 p.m. 1-9-1SUERTRES RESULTS

DATE 11 am 4 pm 9 pmMAR. 7 352 437 833MAR. 8 886 311 723MAR. 9 831 158 625MAR. 10 422 412 102MAR. 11 607 068 975MAR. 12 664 492 970MAR. 13 587 554 369

S P O T Y O U R L U C K

91896

60751

34530

51965

87418

L U C K Y P I C K

T H I S W E E K

W I N N I N G N U M B E R S

A N G L E G U I D E

LET’S PLAY LOTTO!SUPPORT PCSO!

P A S A K A Y : 5 - 6P A I R I N G G U I D E

015-025215-061026-216

208-290208-210218-219

HIGALA,Ang mg numero nga 0, 1,

ug 2 maoy atong mga kusog nga pasakay para karon.

Ang pairing: 01, 02, ug 12.Probables:016, 015026, 025126, 125Ayaw sab kalimti ang 028,

target-rambolito. Mr. Supertres

Analysis

275•464•311

Sikit: 45-56-67

Hottest pairs01-02-20

Absurdities...from page 4

Taal Vista Hotel in Tagaytay City, Sunio asked all Rotarians to do their best so that whenever help for the poor and the needy is required in any circum-stance anywhere, everyone would turn to Rotary and Rotarians as a matter of first choice.

-ooo-ABSURDITIES FROM A

CONGRESSMAN: What did Mandaluyong Rep. Neptali Gonzales II mean when he said Representatives Toby Tiangco of Malabon, Hermi-lando Mandanas of Batangas and Deputy Speaker Jesus Crispin Remulla should not “demean” other congress-men when they testify in the impeachment trial of Chief Justice Renato Corona?

If Tiangco, Mandanas and Remulla will simply tell the truth, would that be considered demeaning the congressmen who signed the impeachment complaint against Corona? Is Gonzales saying that if these three congressmen will just tell the truth in their testimonies, they will be punished? Is this not bordering on the absurd?

-ooo-I TA L I A N S G O N E

LOCO? Equally absurd is the on-going prosecution of six seismologists in Italy, on charges that they failed to predict with certainty the 6.3 earthquake that hit the city of L’Aquila in April 2009. Even now, with highly sophisticated instruments and gadgets, no one can still predict the exact occurrence of earthquakes anywhere in the world. Italians must have gone loco, no?

-ooo-FOLLY OF AN ALL-

KNOWING STANCE: The apology made by Deputy Presidential Spokesperson Abigail Valte to correct her charge that there is no bill pending in Congress for the scrapping of the 12% value added tax on oil shows the folly of talking as if one is all-knowing and infallible. Indeed, as the Bible says in Philippians 2:3, it is better to be humble and full of hu-mility all the time, assuming that others are better than ourselves always.

-ooo-UNCERTAINTIES OF

THE FUTURE: We condole with the Mangonon family of Bulacan, whose dreams of joining their 35-year old patriarch, Joey, to perma-nently stay in Canada got shattered by a vehicular accident that killed Joey last March 6, 2012. Indeed, no one is certain about the future and so it is always an act of prudence to invoke God’s blessings, guidance and protection all the time (see James 4:13-15 of the Bible, as written here).

Slots...from page 6

Palaro...from page 6

Mongolia for the Asian Women’s Championships. Although this is not yet their Olympic qualifier, it will determine who among the Filipinas will compete in

with plastic and styrofor in the preparation of meals. “We started this in Dipolog, Zamboanga last year, we will do it better this year,” said Luistro.

On another clean aspect, Luistro announced that the DepEd will ensure that athlete screening and games officiat-ing will be clean and fair to all in keeping with the true spirit of the sporting event.

“The Palaro is a venue for values formation among our youth, this is where positive Filipino values should apply,” he explained.

Luistro added that the Palaro should not be made a once-a- year event but a continuing activity to really develop the athletic prow-ess and sportsmanship of the young. Likewise, the games venue should not be so constructed as to last for just a year. “It should be made to last for years so that many athletes can use it for a continuous sports program.”

The 2012 Palarong Pam-bansa is set from May 6 to 12, 2012 to be participated in by elementary and secondary students from public and private schools.

Property...from page 4

Company bought the bonds for US$55 million with an interest rate of 7.9% for 10 years. The royalties earned from the songs se-cured the bonds’ interests. By securitizing his intellec-tual property David Bowie received US$55 million in cash, which he used to purchase other songs and make compilations.

Financial toolsFinancial instruments

that are available to IP own-ers include loans, securitiza-tion, sale and lease back or venture capitalism.

In a loan the lender offers a loan at a fraction of the appraised value of the asset taking into consideration the quality of the intellectual asset, creditworthiness and others.

A sale of an IP asset with the option to lease back is an agreement whereby the originator sells the IP with the option to become the buyer’s licensee upon pay-ment of rentals of the IP.

Venture capitalists may invest heavily in strong IP assets, which can result in dilution in the shares of ownership of the originator.

Well-protected and com-mercially viable IP assets have increased chances of obtaining venture capital funds.

IP valuation

the Asian Women’s qualifiers in May in Qinhuangdao, China.

ABAP president Ricky Vargas, who is also Maynilad Water head, says: “We are going all-out in our attempts to get more boxers to Lon-don. We thank our chairman Mr. Manny Pangilinan and PLDT for making all these opportunities available to our national boxers.” (PNA)

Intellectual property valuation methods involve the income-based approach, the cost-based approach and market-based approach. The income-based approach seeks to measure the value of IP on the basis of the present value of the future stream of economic benefits that be derived from its ownership. It can also be computed from the value of excess profits over and above the required rate of return or based on relief from royalty.

The cost-based approach values IP by quantifying the amount of money that would be required to replace the future service capability of the IP. This assumes that the replacement value indicates the economic value of the IP.

Lastly the market-based approach values the IP on the basis of similar transac-tions in the market.

Pact...from page 2

of Bukidnon especially on dealing with healthcare services, and housing pro-grams.

Also during the press conference, Calingasan an-nounced that the provincial government of Cebu has provided insurance benefits to farmers and fishermen.

Mayor...from page 2

power plants, slaugh-terhouse, tourism projects, piggery, swine-semen pro-cessing center, farm facili-ties, farm-to-market roads, agricultural mechaniza-tion, public markets, public toilets, public terminals, education and health fa-cilities, mega-infrastruc-ture projects, solid waste management, land recla-mation projects, drainage and dredging. (end/asf)

He said the province gave P50,000 to damaged crops of farmers, P5,000 for burial and P2,000 for hospitalization of the farm-ers and anglers.

Meanwhile, Garcia has invited Calingasan on Au-gust 6 in time for the 443rd year foundation day of the province of Cebu. Garcia will allocate booth for Bukidnon products, which the province celebrated the foundation day.

Sites...from page 3

Lillie, on the other hand, said that their visit was also an eye-opener for them and for other Europeans in the Philippines.

“If there is one lesson for us to learn as we visit here, it is that you are a resilient and happy people. Despite the disaster you all went through and despite the great sacrifice you made, you are all still smiling. That is something that we all can learn from you,” he said.

C anitoan B arangay Chairman Joshua Taboclaon and the “climate refugees” (victims of TS Washi) wel-comed with open arms the dignitaries and expressed gratefulness for the visit.

“We are very honoured and privileged to be visited” by the ambassadors, he said.

Taboclaon expressed hope that Sieber, Lillie and Daniels’ visit will bring “good luck and blessings to all of us here in the tent city.”

“All the families here in the tent city are still picking up the pieces and putting it together to make a better life after Sendong,” he added.

After hobnobbing and talking for several minutes with the Sendong survivors at the tent city in Canitoan, Sieber, Lillie and Daniels paid a courtesy call to Arch-bishop Antonio J. Ledesma at his official residence.

Ledesma then briefed them about the efforts of various government agen-cies, civil society organi-zations, academe and the Archdiocese of Cagayan de Oro to help the Sendong survivors.

D anie l s p ers ona l ly thanked Ledesma for his and the Church’s efforts at helping women, particu-larly mothers, through his Natural Family Planning advocacy.

Ledesma is a staunch ad-vocate of the natural meth-ods of family planning. He has already written a book on it, a copy of which he gave each to Sieber, Lillie and Daniels.

The Jesuit prelate also accompanied them when they visited the survivors

taking refuge at the Our Lady of Fatima Parish in Barangay Camaman-an. (Bong D. Fabe)