Business

Yanson matriarch leads CLTTI stockholders meeting

After leading the annual stockholders meeting and board election of Vallacar Transit Inc. (VTI) in December 4, 2021, matriarch Olivia Yanson also headed the annual stockholders meeting and board election of sister company Ceres Liner Travel and Tours Inc. (CLTTI)

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1K+ ‘Odette’-hit MSMEs to get DTI livelihood cards

Department of Trade and Industry (DTI) Secretary Ramon Lopez said the agency will release Livelihood Seeding Program (LSP) Negosyo sa Barangay cards to small scale businesses areas affected by Typhoon Odette starting Thursday. In his report to President Rodrigo Duterte

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PH stocks gauge slips anew, peso follows

Profit-taking ahead of the holidays resulted in another decline in the Philippines’ main equities index yesterday and the peso followed after slipping to the 50-level against the US dollar. The Philippine Stock Exchange index (PSEi) slipped by 0.67 percent, or

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Marayo Bank opens 12th branch in Bacolod

BY DONALD H. GARSULA Marayo Bank Inc. (A Rural Bank) opened its 12th banking unit in Mandalagan, Lacson St., at CBS Building (BomboRadyo) Bacolod City the central financial business hub in the city. Franklin Fuentebella, Chairman of the Board, who

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‘Odette’ damages P513.99-M in WV agri

Validation is still ongoing on the damage incurred by the agriculture sector due to Typhoon Odette which was initially assessed at PHP513.99 million as of yesterday morning. The typhoon has affected 17, 270 farmers engaged in rice crops and high-value

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Pump prices up for 2nd straight week

Oil companies announced they will increase pump prices starting today. In separate advisories, Caltex, Cleanfuel, Petro Gazz, Seaoil, and Shell said gasoline and diesel prices will go up by P0.55 per liter. Caltex, Seaoil, and Shell will also hike kerosene

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SSS gets COA’s highest audit rating

The Social Security System (SSS) received an “unmodified” opinion from the Commission on Audit (COA) for its financial statements for calendar year 2020, the highest audit rating that may be given to government agencies by state auditors. “We rendered an

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Bacolod Economic Zone Bill approved by Senate Committee

BY CHRYSEE G. SAMILLANO Bacolod Rep. Greg Gasataya said House Bill No. 10284 establishing a Special Economic Zone and the Bacolod Economic Zone Authority, which they have authored in the House of Representatives, has been approved by the Senate Committee

Leonardia snubs Zoom debate

BY CHRYSEE G. SAMILLANO Bacolod Mayor Evelio Leonardia did not participate in the online townhall debate for mayoralty candidate organized by the UP Law Alumni Association- Neg. Occ. Chapter Saturday at the USLS coliseum in Bacolod City after the organizers

US$5M surgical hospital soon to rise in Victorias

BY GILBERT P. BAYORAN The Memphis Mission of Mercy, a non-profit United States organization, is soon to build a US$5 million (P250 million) surgical hospital in Victorias City, Negros Occidental. This was disclosed by Victorias City mayoralty aspirant Javier Miguel

‘No exemption policy’ for APORS urged

BY CHRYSEE G. SAMILLANO The Bacolod Sangguniang Panlungsod is urging the National Inter-Agency Task Force in Managing Emerging Infectious Disease (NAITF-MEID) to approve the intention of the Bacolod AITF to include all APORs among those who should submit a negative

Rebel killed, 4 captured in Guihulngan gun battle

BY GILBERT P. BAYORAN Renewed armed clashes on January 15 in Guihulngan City, Negros Oriental, claimed the life of a suspected member of the New People’s Army and the capture of four of his comrades, Lt. Col. Melvin Flores, 62nd

SEC adopts zero F2F setup

The Securities and Exchange Commission (SEC) is implementing a zero face-to-face transaction policy in its offices in Metro Manila starting January 13 until further notice, in light of the rising number of coronavirus disease 2019 cases in the country. In