Business

LPG prices down starting May 1

Prices of liquefied petroleum gas (LPG) have gone down as much as P63.25 for11-kilogram cylinder as contract prices of LPG in the world market decreased. In an advisory, Petron and Phoenix LPG said they implemented a P5.75 per kilogram rollback

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Globe Media Excellence Awards finalists announced

A total of 92 stories from media practitioners and content creators in Visayas and Mindanao have made it to the 9th Globe Media Excellence Awards (GMEA) roster of finalists, showing exemplary work in telling compelling, rich stories that influence this

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Megaworld ups Bacolod township investment by P10B

Fireworks as Megaworld formally opened the Upper East Avenue, its eight-lane main avenue inside its development that connects Lopez Jaena Street to Carlos Hilado highway. The developer will invest an additional P10B for its Bacolod townships.* Nic Ledesma/CCN photo

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Wage deliberations postponement scored

BY CHRYSEE G. SAMILLANO The postponement of the wage deliberations schedules is a display of indifference on the part of government considering the importance of the wage issue, Wennie Sancho, secretary general of the General Alliance of Workers Association, said

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EV bill lapses into law

BY GILBERT P. BAYORAN A bill that seeks to develop the Philippine electric vehicle industry has lapsed into law on April 15. Republic Act (RA) 11697, or the Comprehensive Roadmap for the Electric Vehicle Industry (CREVI), of which Third District

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Diokno hints on possible rate hike

Monetary officials will likely consider a hike in the central bank’s key rates in June, or once the 2022 first-quarter domestic output report is out, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said.  In an interview over Bloomberg television

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Valencia pushes dark chocolate bar as top product

The local government unit (LGU) of Valencia, Negros Oriental, together with its partner stakeholders from the government, private, and civilian sectors, are pushing a dark chocolate bar produced by cacao farmers at the foot of Mt. Talinis as its One

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Andrew Tan-led AGI profits up 132%

BY GILBERT P. BAYORAN The Andrew Tan-led Alliance Global Group, Inc. (AGI) more than doubled its net income last year to P23.8-billion year-on-year, bolstered by the resurgence in activities across all of its business segments with the reopening of the

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Foreign tourist arrivals breach 300K

More than 300,000 foreign tourists have visited the Philippines since the country opened its borders in February, the Department of Tourism (DOT) said yesterday. This is a significant increase in foreign arrivals, with a big spike noted this month, the

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SSS targets non-compliant employers in San Carlos

The Social Security System (SSS) issued ten more written notices to delinquent employers on its third Run After Contribution Evaders (RACE) Campaign in San Carlos City, Negros Occidental yesterday. The employers were reminded of their legal obligation of remitting the

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Boat capsizes off Guimaras, 10 rescued

BY GILBERT P. BAYORAN A motor banca with 10 people aboard yesterday sank off the coast of Guimaras island. Philippine Coast Guard (PCG) Negros Occidental station chief Commander Joe Luviz Mercurio disclosed that boat capsized several miles away from the

As I have loved you

Today’s short gospel reading begins the lengthy farewell discourse of Jesus given at the last supper. He tells his apostles, “I give you a new commandment: love one another. As I have loved you, so you also should love one

The vine and the branches

Once again, we are reminded in the gospel of Wednesday of the 5th Week of Easter that Christ is the vine and we are the branches. In short, we need to be united to Christ if we want to continue

Local fiber provider posts 52.5% 1Q subscriber growth

Local fiber broadband provider Converge has seen over a 50 percent increase in its residential subscribers in the first quarter of 2022 compared to March last year, with its network now able to reach more than 12.2 million homes nationwide.

Liberalized rice trading lowered prices

The passage and implementation since 2019 of the Rice Tariffication Law (RTL) has slashed prices of the country’s staple food to the current average of P39 per kilogram (kg) or a reduction of about P7 per kilogram compared to its

Cebu’s most wanted escapes Talisay jail

BY GILBERT P. BAYORAN A detained rape suspect managed to escape on May 11, while under the custody of the Talisay City Police Station in Negros Occidental. The fugitive was identified by the police as Arnel Ocaña, of Sitio Mambacano,