Monday, January 12

Business

Megaworld sets P8B to develop 97-ha ‘The Sugartown’ in Talisay

Megaworld sets P8B to develop 97-ha ‘The Sugartown’ in Talisay

Business
Property giant Megaworld is developing the 97-hectare ‘The Sugartown’ along the Bacolod-Silay Airport Road in Talisay City, Negros Occidental.The company is allocating P8-billion to develop the township in the next 7-10 years. This will be the company’s 37th township development and its third in the province of Negros  Occidental, following the launch of the 53-hectare Northill Gateway at the boundary of Bacolod City and Talisay City, and the 34-hectare The Upper East in the eastern part of Bacolod City, a press release from the firm said.The Sugartown will host premium residential developments by both Megaworld and its wholly owned subsidiary Suntrust Properties, Inc., commercial and retail developments, and will be highlighted by its own town center, commercial dist...
No sugar import liberalization – SRA

No sugar import liberalization – SRA

Business, Top Stories
ugar Regulatory Administrator Pablo Luis Azcona *“It’s a blatant lie.”This was the reaction of Sugar Regulatory Administrator Pablo Luis Azcona on Sunday, Jan.11, to the statement issued by Wennie Sancho of the Save the Sugar Industry Movement (SAVE-SIM) who claimed the sugar industry may collapse if government implements the sugar import liberalization scheme policy.Azcona, in a press release, said he does not know where Sancho is getting his information or misinformation from or “probably just a figment of his imagination.”However, he cautioned Sancho and others to be more accurate with his/their statements as “others might construe it as true and these types of claims can agitate an already volatile market.”“We, in SRA, have been prudent in our pronouncements as the...
PanayFed, TUCP join call for PBBM to intervene as sugar prices plummet

PanayFed, TUCP join call for PBBM to intervene as sugar prices plummet

Business, Top Stories
The Panay Federation of Sugarcane Farmers Inc. (PanayFed) and the Trade Union Congress of the Philippines (TUCP) on Sunday, Jan. 11, joined the call for President Ferdinand Marcos Jr. to urgently heed the proposed solutions to address the sugar crisis.They cited the proposed solutions put forward by the Confederation of Sugar Producers Association Inc. (CONFED) and supported by key industry stakeholders, including the National Federation of Sugarcane Planters (NFSP) and the National Congress of Unions in the Sugar Industry of the Philippines-TUCP, “to decisively address the deepening crisis in the sugar industry.”BRINK OF COLLAPSE“Mr. President, our sugar industry is collapsing as price, yield, and demand for domestic sugar continues to drop, leaving millers, farmers, planters,...
Negros ACE head hopes Congress sets sugar importation policy to protect industry

Negros ACE head hopes Congress sets sugar importation policy to protect industry

Business, Top Stories
Cadiz Mayor Salvador Escalante*The president of the Negros Association of Chief Executives (Negros ACE) said he welcomes the holding of a joint Senate-House of Representatives public consultation on the sugar industry in Negros Occidental on January 23. The consultation will hopefully set the parameters for sugar importation to protect the industry, Cadiz Mayor Salvador Escalante, Negros ACE president, said on Friday, Jan. 9. It is important for policy to be set to prevent over-importation, he said. Parameters for sugar importation should be institutionalized, Escalante added. The Negros ACE has raised its concern to President Ferdinand Marcos Jr., through the Department of Agriculture, over the current drop in sugar millgate prices at the expense of the farmers, while retail prices rem...
I serve at PBBM’s pleasure, Angara says on Cabinet revamp rumors

I serve at PBBM’s pleasure, Angara says on Cabinet revamp rumors

Business, Top Stories
Education Secretary Sonny Angara during an ambush interview on Friday .*PNA/Stephanie Sevillano photo Education Secretary Sonny Angara on Friday, Jan. 9, said he will continue to serve in the Department of Education (DepEd) “at the pleasure” of President Ferdinand R. Marcos Jr. amid the rumored revamp of the chief executive’s Cabinet. In an ambush interview, Angara expressed gratitude to the Palace for clarifying the matter. “Hopefully, hindi tayo kasama doon kung meron man (We hope that we’re not included in that if there’s any),” he said. “Of course, we serve at the pleasure of the President." While he has not personally discussed the matter with President Marcos, Angara disclosed that the Office of Executive Secretary told him there is no such plan. The Palace has...
House–Senate inquiry on  sugar industry to be held in NegOcc Jan. 23, Javi says

House–Senate inquiry on sugar industry to be held in NegOcc Jan. 23, Javi says

Business, Top Stories
Rep. Javier Miguel “Javi” Benitez (Neg. Occ., 3rd District)*Lawmakers are taking their probe into the "crisis-hit" sugar industry directly to its stakeholders with a joint Senate-House of Representatives public consultation in Negros Occidental on January 23, Rep. Javier Miguel “Javi” Benitez (Neg. Occ., 3rd District) announced on Thursday, Jan. 8.The hearing will be led by Rep. Mark Enverga for the House and Sen. Kiko Pangilinan for the Senate, said Benitez, who will be hosting the event.“This follows the resolution I filed calling for a joint House–Senate inquiry on the sugar industry,” he said.“This is a very important time for our farmers' voices to be heard and for all of us to help the sugarcane industry,” Benitez said.“The sugar industry is in crisis. Precipitous...
NFSP, labor groups back call for Marcos intervention to save sugar industry

NFSP, labor groups back call for Marcos intervention to save sugar industry

Business, Top Stories
The National Federation of Sugarcane Planters and labor groups on Thursday, Jan. 8, called on President Ferdinand Marcos Jr.’s intervention to address the plummeting millgate sugar prices.NFSP and the National Congress of Unions in the Sugar Industry of the Philippines (NACUSIP-TUCP), the Philippine Agricultural, Commercial, Industrial Workers Union (PACIWU), the Congress of Independent Organizations (CIO-UNI) and the NACUSIP Agrarian Reform Beneficiaries Council said they support the Confederation of Sugar Producers Association’s (Confed) proposed measures to arrest the further decline of sugar and molasses prices.“It has come to the point that sugarcane farmers are seriously considering abandoning sugarcane cultivation because of unprofitable millgate prices this crop year,” NFSP...
Negros jobs portal gains traction with employers, applicants

Negros jobs portal gains traction with employers, applicants

Business, Top Stories
Negros Occidental’s new online jobs portal is receiving a positive response, with 31 employers posting 86 vacancies and nearly 4,700 active jobseekers registered since its December launch.Provincial Public Employment Services Office manager Karen Dinsay said Thursday, Jan. 8, the Negros jobs portal is easy to navigate and accessible for both employers and applicants.“They said the portal is very easy to navigate for both the employers and the applicants. It is very accessible,” Dinsay said, adding more companies are expected to join.The portal has already facilitated seven successful hires. Jan Roland Broce, 27, of La Carlota City, was the first, landing a job as a business development officer in December.“After I scanned the QR code, I found the portal easy to navigate. I ...
TP LaunchPad marks milestone year with 19,000 students reached nationwide

TP LaunchPad marks milestone year with 19,000 students reached nationwide

Business
TP in the Philippines, through its TP LaunchPad program, regularly tours and welcome students from various universities and colleges eager to learn and explore the opportunities in TP and the country’s growing IT-BPM sector.*TP in the Philippines, formerly known as Teleperformance, has officially capped a record-breaking year for TP LaunchPad, its flagship university relations and student empowerment program. In 2025, the initiative achieved a significant milestone by reaching over 19,000 students nationwide and expanding its footprint to more than 40 partner schools,  a press release from TP said Thursday, Jan. 8. This growth reflects the company’s ongoing mission to bridge the gap between academic theory and real-world IT-BPM industry readiness through the cont...
San Miguel welcomes 2026 with new limited-edition Mango Yuzu Wheat Beer

San Miguel welcomes 2026 with new limited-edition Mango Yuzu Wheat Beer

Business
San Miguel Brewery Inc. (SMB) is kicking off the new year with a fresh twist on its world-class portfolio, officially unveiling its latest innovation: San Miguel Mango Yuzu.Under the banner of "New Year, New Beer," the country’s leading brewer aims to capture the "fun and exciting" energy of new experiences, a press release from SMB said  Thursday, Jan. 8.The new offering is specifically crafted for drinkers seeking adventurous flavors and a modern "feel" to their refreshments.San Miguel Mango Yuzu is a Belgian-style wheat beer that harmonizes local tropical notes with international citrus zest. Key features of the brew include:Flavor Profile: A blend of sweet mango and the distinct, sharp tang of yuzu citrus.Quality Ingredients: Brewed using natural flavors and re...
Secured By miniOrangeSecured By miniOrange