Business

Olivia Yanson and her son, Leo Rey, remain in control of Countryside Food Resources Corp. (CFRC), a press release from the firm said.Olivia, Leo Rey, Ginnette Y. Dumancas, Charles M. Dumancas, Anita G. Chua, Arvin John V. Villaruel, Rey C. Ardo and Daniel Nicolas Golez were re-elected as members of CFRC Board of Directors at their annual stockholders meeting in Barangay Mansilingan, Bacolod City, today, March 1.The Board reappointed Leo Rey as chairman of the board and president of CFRC, while Olivia was re-appointed corporate secretary and treasurer.Despite due notice, stockholders Roy, Emily and Ricardo Yanson, and Ma. Lourdes Celina Yanson-Lopez were absent, the press release said.The four Yanson siblings, who are facing several warrants of arrest, are believed to abroad...

Kabankalan LGU photoAgricultural production represents major livelihood in the city of Kabankalan where 141 farmers from different barangays received insurance claims amounting to P649,000 from the Philippine Crop Insurance Corporation.The insurance claims were released Wednesday, February 24, at the Demo Farm, Brgy. Hilamonan, Kabankalan.Mayor Pedro Zayco Jr. said, ”hopefully, this will jump start good production in the next crop. It is important to uplift the lives of our farmers since the agriculture sector contributes a big part in the economy of the city.”The impact of damages during the first and second crops for crop year 2020-2021 were covered by PCIC insurance coverage.*

The country’s largest integrated telecommunications company PLDT and telco newcomer DITO have recently entered into an agreement for the construction of a transmission facility that will serve as the point of interconnection for their subscribers.Under the agreement, PLDT will establish and manage the interconnection facility that will operate as the primary physical interface for both companies, a press release from the firm said.PLDT Chief Revenue Officer and Smart Communications President and CEO Al Panlilio emphasized how “it is important for us that we establish this interconnection capability between PLDT-Smart and the customers of DITO as mandated by the NTC, and principally to make sure that our customers are able to communicate."“During this pandemic, technology has be...

Gov. Eugenio Jose Lacson (center) with the chairpersons of the agri-fishery organizations from the different cities and municipalities of the province at the turnover of livelihood project held at the Capitol Lobby.*Capitol photoA total of P1,298,790 in sustainable livelihood, marketing fund assistance and fishing paraphernalia were distributed to agri-fishery organizations and rural women groups from the different cities and municipalities of Negros Occidental, today. February 22.Gov. Eugenio Jose Lacson led the turnover of checks and projects to the chairpersons of the beneficiary organizations, at rites held at the Capitol lobby in Bacolod City.The recipients were the e Buluangan Fisherfolk Association Inc. and Caimito Marginal Fisherfolk Association of San Carlos City, Wash...

In anticipation of a robust economic recovery in the next few years, leading VisMin developer Cebu Landmasters unveiled Friday, February 19, an iconic tower planned by the designers of the world’s most acclaimed skyscrapers, Skidmore, Owings and Merrill (SOM) in tandem with one of the country’s top architects GF Partners and Architects.Masters Tower Cebu, set to be completed in 2025, will offer prime office and retail spaces and the first five-star luxury hotel in the Queen City of the South. Sofitel Cebu City will be operated by multinational chain Accor, a world leading hospitality group headquartered in France, a press release from Cebu landmasters said.The tower is Cebu Landmasters' most iconic architectural structure to date, building a towering crown-like structure to represe...