Business

The Negros chapter of nationwide consumers' movement Konsyumer on Monday called on to the Central Negros Electric Cooperative (CENECO) and relevant energy agencies to put a stop to an ongoing tender of the electric cooperative (EC), citing the use of Terms of Reference (TOR) unfavorable to consumers and lack of transparency in the bidding process as in need of proper amendments before bids should be allowed to push through.“We are finally getting off, though only partially, paying for costly and dirty electricity from coal. But before we can even celebrate this, we are concerned that CENECO is already preparing to expose us once more to electricity that is not least-cost, and we are not even given the chance to properly be informed on and participate in the process," said Griderick Ali...

The Talisay City government collected P58 million in business taxes in 2020.In a report issued today, February 15, the collected revenues from business registration and renewals last year improved by 4.4 percent compared to 2019 with P55 million.Investments generated from the new capital reached P170 million from P122 million, with gross sales from renewals reaching P10.3 billion in 2020 from P9.3 billion in 2019.The city government also said that 28 of the 93 establishments reportedly closed in the locality during the COVID-19 pandemic.The number of business renewals dropped slightly from 1,539 in 2019 to 1,536 in 2020, while revenues generated from regulatory fees dropped by 4 percent at P1.61 million in 2020 from P1.7 million in 2019.The city government also noted th...

City PIO photoCity Administrator Em Ang, executive director of the Emergency Operations Center (EOC)-Task Force, turns over 10 donated mobile phones to the market supervisors of the three major public markets in Bacolod City, and to the Bacolod Respiratory Outpatient (BRO) Center through OIC-City Health Officer Dr. Edwin Miraflor Jr., at the EOC Command Center today, February 11.The mobile phones will be used to enhance the implementation of the BaCTrac System in the three major public markets of the city (Libertad Market, Central Market, and Burgos Market), as well as the BRO Center, a press release from the Bacolod Public Information Office said.Joining the turnover ceremony were EOC deputies for medical Dr. Chris Sorongon and Dr. Anna Ma. Laarni Pornan, contact tracing head ...

RTMI photoThe Yanson 4 elected Roy Yanson president and chairman of Rural Transit (Mindanao) Inc. in a separate stockholders meeting at SEDA Centrio Hotel, Cagayan de Oro City, Wednesday, February 10, a press release from their lawyer said.The stockholders meeting was presided by John Matthew Medina as proxy for Roy Yanson. It was attended by stockholders representing 61.17 percent of the outstanding capital stock of the corporation, their lawyer Carlo Joaquin Narvasa said.Roy Emily and Ricardo Yanson and their sister Ma. Lourdes Celina Y. Lopez, also known as the Yanson 4, Jerina Louise Y. Ramos and Matthew Agustine Y. Lopez were elected by the shareholders anew as members of the Board of Directors of the corporation for the year 2021-2022, Narvasa said.In the organization...

Leo Rey V. Yanson was re-appointed chairman of the board and president of Rural Transit (Mindanao) Inc. (RTMI), while his mother Olivia V. Yanson was re-appointed corporate secretary and treasurer following the election of the firms directors today, February 10.RTMI held its annual stockholders’ meeting and re-elected Olivia and Leo Rey Yanson, Charles M. Dumancas, Rey C. Ardo, Anita G. Chua, and Daniel Nicolas P. Golez members of the Board of Directors, a press release said.Following the election of the directors, they held an organizational meeting.Despite proper and timely notice, stockholders Roy V. Yanson, Ricardo V. Yanson Jr., Ma. Lourdes Celina Y. Lopez, Ma. Susan F. Yanson, and Juan Manuel Lopezwere absent, a press release from RMTI said.Roy, Celina and Ricky, who ...

The Central Negros Electric Cooperative, Inc. (CENECO) inaugurated its newly-constructed building located at Poblacion, Brgy. Igmaya-an, fronting the Municipal Hall of Salvador Benedicto on February 3.The said building will serve as CENECO’s first-ever extension office in Salvador Benedicto which will cater to payments, application, line troubleshooting and other CENECO-related concerns of the Member-Consumer-Owners in the municipality. The other half of this building will also serve as the new fire station of the Bureau of Fire Protection (BFP), Salvador Benedicto.A ribbon cutting and blessing ceremony was officiated by Rev. Fr. Rodolfo Benlot, Jr.The inauguration was graced by Mayor Laurence Marxlen Dela Cruz, CENECO Project Supervisor/General Manager Danny Pondevilla and Mur...

Globe’s aggressive network rollouts, site upgrades and modernization have resulted in further improvements on its call, SMS and data services to customers.These improved mobile and data services can be experienced by all Globe customers using 5G-ready 4G LTE SIM card and 4G LTE capable mobile devices in more areas in Boracay, Bacolod City, Davao City and Cagayan de Oro City beginning this month.More locations in Cebu City are also expected to be 4G LTE ready by March.4G is the latest wireless mobile telecommunications technology and the new standard in almost all major telecommunications companies in the world replacing the old 3G network.“Our customers can look forward to faster, better and reliable service in these areas in the next few weeks due to our site upgrades. The...

In its 10th meeting held on February 2, the Financial Inclusion Steering Committee (FISC) agreed to endorse legislative priorities aimed at enhancing the country’s digital and credit infrastructure as critical enablers of financial inclusion.To ensure broad-based access to internet and support use of digital financial services, the FISC is endorsing to the Legislative-Executive Development Advisory Council (LEDAC) the inclusion of the Open Access to Data Transmission Bill as a priority legislation. The bill aims to address internet infrastructure gaps by bringing in more players to the broadband sector. In December 2020, the FISC also endorsed to the Office of the President (OP) a proposed Executive Order that aims to liberalize access to satellite technology for broadband services and...

Computer-generated payment reference numbers (PRNs) will be required for short-term loan payments starting April 1, 2021, state fund Social Security System (SSS) said.Billing months to be covered by this system will be from March 2021 and onwards.The PRN, a system-generated number corresponding to an employer or individual member’s loan billing statement (self-employed, voluntary, Overseas Filipino Worker), helps facilitate the immediate and correct posting of their loan payments.SSS President and CEO Aurora C. Ignacio said the SSS started to implement the use of PRNs for short-term member loan payments last year as part of the fund’s Real-Time Processing of Loans (RTPL) program. Transactions covered by the system include salary, calamity, emergency, and restructured loans....