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Bacolod City, Philippines Friday, January 5, 2018
16 Negosyo centers set up

The Department of Trade and Industry-Negros Occidental has installed 16 Negosyo centers out of the 32 towns and cities of the province since its implementation from 2015 to 2017 and it hopes to add more this year.

Provincial director Lea Gonzales said yesterday that in two years of building Negosyo centers, 16 towns and cities have already availed of the program to help micro, small, and medium enterprises to have easier access to registering their business names.

This year, the DTI provincial office initially targeted to add four more Negosyo centers, prioritizing cities that do not have it, she said.

PSEi surges anew

MANILA - The Philippines' main equities index sustained improvement yesterday while the peso displays a little change as investors continue to have positive outlook of the domestic economy.

The Philippine Stock Exchange index (PSEi) rose 0.18 percent, or 15.70 points, to 8,739.83 points, which a trader pointed to positive sentiment in the market.

First Metro Investment Corp. projects the main index to hit 9,400-level this year, to be boosted property, banks, and conglomerates, among others.

Increased infra spending
to boost GDP growth

MANILA - The Philippines is expected to remain the best performing economy in the region expanding by 7 to 7.5 percent in 2018, on the back of massive infrastructure spending, the investment banking arm of the Metrobank Group said.

“The infrastructure spending is quite crucial in the faster growth this year,” University of Asia and the Pacific economist Victor Abola said in a press briefing yesterday.

He said the government's “Build, Build, Build” program is “credible”, as spending on infrastructure surged more than three times, from P175.4 billion in 2011 to P847.2 billion in 2017.


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Button 16 Negosyo centers set up
Button PSEi surges anew
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