Business Archives - Digicast Negros

Mar222023 by Digicast Negros StaffNo Comments

Teleperformance bags Philippines best workplaces award for 2nd year

Business

Teleperformance Philippines Chief Executive Officer and Chief of Staff Jeffrey Johnson, together with the Teleperformance Philippines senior leadership team, received the recognition from Great Place to Work® Philippines managing partner Antoniette Talosig and Asian Institute of Management president and Dean, Dr Jikyeong Kang.* Teleperformance, which has a branch in Bacolod City, has just been awarded as one of Philippines Best Workplaces™ in 2023 for the second year running. This was announced during the Great Place to Work® Philippines first in-person recognition gala at Hilton Manila, a press release from the firm said on Wednesday, March 22. Teleperformance, along with 35 workplaces in the Philippines, were recognized for being trailblazers in the art of connecting, leading, ...

Mar202023 by Carla P. GomezNo Comments

NONECO power rate for March down P1/kWh

Business, Top Stories

The Northern Negros Electric Cooperative’s power rate for March is P14.1849 per kWh, decrease by P1.0923 from last month’s rate of P15.2772/kWh, it announced Monday, March 20. NOCECO covers EB Magalona, Victorias City, Manapla, Cadiz City, Sagay City, Escalante City, Toboso, Calatrava and San Carlos City Last week Central Negros Electric Cooperative also announced that its average residential rate for March is P13.6716/kWh, a decrease by P1.2040/kWh from last month’s rate of P14.8756/kwh. Only the Negros Occidental Electric Cooperative (NOCECO) that serves the southern end of the province had a rate hike of P0.8373/kWh for March. NOCECO’s rate for March is P15.4918/kWh from P14.6545 in February.*

Mar192023 by Digicast Negros StaffNo Comments

Fuel prices to drop

Business, Top Stories

Expect a fuel price rollback on Tuesday, March 21, Unioil announced Saturday. Diesel prices should go down by P1.70 to P1.80 per liter, and gasoline by P1.10 to P1.30 per liter from March 21 to 27, it said. On March 14 gasoline prices went up by P1 per liter, while diesel and kerosene prices fell by P0.10 and P0.60 per liter, respectively. Since the start of the year the price of gasoline has gone up by P6.70 per liter, while price drops of P1 and P1.65 were seen for diesel and kerosene, the Department of Energy's price monitor showed.*

Mar172023 by Carla P. GomezNo Comments

Ceneco rate down P1.2040/kWh, Noceco’s up P0.8373/kWh in March

Business, Top Stories

Ceneco's residential rate for March.* Central Negros Electric Cooperative’s (CENECO) power rate has dropped by P1.2040 per kWh, while Negros Occidental Electric Cooperative’s (NOCECO) is up by P0.8373/kWh in March. CENECO’s average residential rate for March is P13.6716/kWh, a decrease of P1.2040/kWh, from last month’s rate of P14.8756/kwh, its acting general manager Arnel Lapore said on Friday, March 17. He attributed the P1.2040/kWh drop to a decrease in Palm Concepcion Power Corporation’s 20MW fuel cost from P7.87/kWh to P4.19/kWh or a downward adjustment of P3.68/kwh; decrease in PCPC 35MW fuel cost from P9.9440/kWh to P9.6821/kWh or a downward adjustment of P0.2619/kwh; and PCPC extended fuel discount of P1.05/kWh for the February 2023 billing of its 35MW Power Supply Agreement...

Mar172023 by Digicast Negros StaffNo Comments

SSS runs after employers in Victorias, Manapla

Business

The Social Security System (SSS) conducted its Run After Contribution Evaders (RACE) campaign to remind non-compliant employers in Manapla and Victorias City of their legal obligations under Republic Act No. 11199 otherwise known as the Social Security Act of 2018. SSS Vice President for Visayas West 1 Division Dr. Lilani Benedian led the issuance of written notices to eight employers in Victorias City and Manapla. They were cited for non-remittance of the SSS contributions of their employees, a press release from the SSS said. "Records show that 873 employees were affected by their employers' non-compliance to the SS Law. We have to act immediately by helping these employers settle their contribution delinquencies with us. We need to collect these past-due contributions so t...

Mar162023 by Carla P. GomezNo Comments

Cebu pork ban affecting P18.8M in NegOcc’s weekly shipments

Business, Top Stories

About P18.1 million in weekly shipments of pigs and pork products from Negros Occidental have been affected by the ban imposed by Cebu province, Dr. Placeda Lemana, OIC provincial veterinarian, said Thursday, March 16. Cebu Governor Gwendolyn Garcia has banned the entry of pigs and pork products from Negros Island as a precaution against African Swine Fever (ASF). However, Negros Occidental remains ASF-free, Lemana said. Negros Occidental Gov. Eugenio Jose Lacson has written Garcia to request the lifting of the ban to enable Negros’ pork products to pass through Cebu on their way to other islands. He has not received an answer from Garcia yet, Lemana said. Negros Occidental hog raisers are finding ways to deliver their products to some parts of Mindanao, Samar and Leyte...

Mar142023 by Nanette GuadalquiverNo Comments

Bacolod City inflation rate declines in February

Business, Top Stories

The inflation rate for all income households in Bacolod City declined to 11.2 percent in February this year compared to 12.1 percent in January, the latest report of the Philippines Statistics Authority (PSA) showed. Based on the summary inflation report and consumer price index dated March 8, it is still much higher than the 3.5 percent in February 2022. Nelida Amolar, chief statistical specialist and officer-in-charge of PSA Negros Occidental province, said last month’s decline could be attributed to a slight decrease in the indices of some commodities. These include food and non-alcoholic beverages from 10.3 percent in January to 10 percent in February; alcoholic beverages and tobacco, 16.4 percent to 13.5 percent; clothing and footwear, 2.9 percent to 2.8 percent; and hou...

Mar102023 by Digicast Negros StaffNo Comments

Pag-IBIG Board approves contribution hike postponement

Business, Top Stories

The Pag-IBIG Fund Board of Trustees officially approved the postponement of the agency’s contribution hike in 2023, citing the continuing recovery of both workers and business owners from the pandemic, its top officials announced Monday (06 March). Secretary Jose Rizalino L. Acuzar, who heads the Department of Human Settlements and Urban Development and the 11-member Pag-IBIG Fund Board of Trustees, said that they unanimously approved the recommendation of the Pag-IBIG Fund Management to defer the hike in the monthly contributions of its members in 2023 – affirming pronouncements made by the agency earlier this year – and move the implementation by one year to January 2024. The deferment also applies to the share of their employers, a press release from Pag-IBIG said Friday, Mar...

Mar92023 by Mary PartlowNo Comments

Negros Oriental bans pork products from Cebu, too

Business, Top Stories

The Negros Oriental provincial government has imposed a total ban on pigs, pork, and byproducts from nearby Cebu province following the first reported African swine fever (ASF) case in Carcar City. The total ban will be in effect for the next 45 days based on an executive order issued on March 3, Ophelia Felisilda, chief operations officer of the Provincial Veterinary Office (PVO), told the Philippine News Agency on Thursday. “(The late) Governor Degamo signed and issued the executive order on the total ban even before the news of the ASF cases in Carcar City came out, to prevent the swine industry in Negros Oriental from being affected by the animal disease,” she said. Negros Occidental and Bacolod City also issued a similar ban on Tuesday, March 7, on the entry of pigs and ...

Mar102023 by Carla P. GomezNo Comments

Imported sugar classified as ‘C’, charges filed against smugglers

Business, Top Stories

Senator Imee Marcos, Agriculture Assistant Secretary Kristine Evangelista and Sugar Board Member Paul Azcona (l-r) at a press conference at the Yanson private beach resort in Talisay City on Thursday.* Sugar Board Member Paul Azcona said of the 440,000 metric tons of refined sugar allowed to be imported only about 38,000 MT has entered the country, which has been classified as “C” or reserve. As the farmers’ representative on the Sugar Board he is trying his best to ensure that there is no flood of imported sugar into the domestic market, said Azcona, who joined Senator Imee Marcos at a press conference in Talisay City, Negros Occidental, on Thursday. However, if sugar retail prices do not drop they may have to release some of the “C” sugar into the market, he said. He said th...