Business

Feb52021 by Marchel P. EspinaNo Comments

Prices of alcoholic beverages, transport drive WV inflation up

The 3.8 percent inflation rate of Western Visayasin January, which slightly increased from 3.7 percent in December, was driven by the higher increment in alcoholic beverages, tobacco, and transport indices, the Philippine Statistics Authority reported today, February 5.The overall inflation in the region was primarily pushed up by the higher prices in alcoholic beverages and tobacco at 18.8 percent during the month, from 14.8 percent in December 2020.Also contributing to the uptrend were the higher increases in the indices of transport at 14.1 percent, health at 4.6 percent, furnishing, household equipment and routine maintenance of the house, and restaurant and miscellaneous goods and services at 3.2 percent each, and food and non-alcoholic beverages at 2.9 percent.The rest of...

Feb32021 by Digicast NegrosNo Comments

Bacolod collects P692M in real property tax

Business, Top Stories

Bacolod City collected P692 million in real property taxes (RPT) in 2020, Acting City Treasurer Arlene Memoria informed Mayor Evelio Leonardia.This was only P1.9 million short of the RPT collections in 2019, she said in a press release from the Bacolod Public Information Office today, February 3.“We are grateful that Bacolodnons continued to remit their RPT payments in 2020 despite the lockdowns then and the intermittent closure of the Real Estate Tax Division of the City Treasurer’s Office when several employees there tested positive for the virus”, Leonardia said.“This act of remitting their RPT payments, despite COVID-19, only goes to show the civic spirit of these Bacolodnons, and we thank them from the bottom of our hearts," the mayor said.Leonardia also added that the...

Feb22021 by Digicast NegrosNo Comments

Yanson 4 elect Ricardo Jr. president of CTI, GBTI

Business

The other faction of the Yanson family held annual stockholders meetings for Ceres Transport Inc. (CTI) and Goldstar Bus Transport Inc. (GBTI) and elected Ricardo V. Yanson Jr. as chairman of the board and president on Monday, February 1.The faction led by Ricardo’s mother Olivia Yanson on Monday also appointed his brother Leo Rey Yanson chairman of the board and president of CTI and GBTI in separate stockholders meetings Monday.However, a press release from Joaquin Carlos Narvasa, lawyer of the four other Yanson siblings - Ricardo, Roy and Emily Yanson, and Ma. Lourdes Celina Y. Lopez, said another CTI stockholders meeting was held in Batangas presided by Anna Isabella Galvez.Galvez acted as proxy for Ricardo, its president and chairman, that was attended by stockholders repre...

Feb12021 by Marchel P. EspinaNo Comments

Meat prices continue to surge

Business, Top Stories

Prices of meat in the markets of Negros Occidental have continued to surge amid the ongoing coronavirus pandemic.The prevailing market price of livestock and poultry weekly monitoring of the Provincial Veterinary Office reported that prices of pork have significantly increased by P15.69 per kilogram, from P204.76/kg on January 25 to P220.45/kg today, February 1.Carabeef also increased by P3.81/kg, from P264.40/kg to P268.21/kg, as well as beef by P3.76/kg from P274.45/kg to P278.21/kg, and chevon, which is up by P8.06/kg from P329.33/kg to P337.39/kg.The price for broiler chicken was also up by P21.27/kg at P180.62/kg from P159.35/kg, while the price for native chicken remained the same since last week at P253.24/kg.Eggs are priced at P6.66 (small), P7.33 (medium), P8 (larg...

Feb12021 by Digicast NegrosNo Comments

OVY, LRY remain in control of two more family firms

Business

Matriarch Olivia Yanson and her son, Leo Rey, remain in control of Goldstar Bus Transit Inc. and Ceres Transport Inc., a press release from the two firms said today, February 1.Goldstar Bus Transit Inc. (GBTI) and Ceres Transport Inc. (CTI) held their annual stockholders meeting today, February 1.During the meeting of GBTI, Leo Rey V. Yanson, Ginnette Y. Dumancas, lawyer Collin Derk Y. Isidto, Hernan B. Omecillo, and Danny O. Lorenton were re-elected members of the GBTI’s Board of Directors.Leo Rey and Olivia, Ginnette and Charles Dumancas, Rey C. Ardo, Daniel Nicolas P. Golez, Arvin V. Villaruel, Anita G. Chua, Joseph Ellery L. Villanueva, Hernan B. Omecillo, and Alfredo O. Ligo, also were re-elected members of CTI’s Board of Directors.The newly elected directors of both c...

Jan312021 by Digicast NegrosNo Comments

Nearly 99% of SSS benefit disbursements coursed through e-channels

Business

The Social Security System (SSS) has expanded the use of electronic disbursement channels to release benefits to its members.SSS said from January to November 2020, about P168.55 billion in social security and employees' compensation benefits were disbursed using banks, e-wallets, and remittance transfer companies/cash payout outlets (RTCs/CPOs). It accounts for 98.6% of the total disbursements worth P170.97 billion to 3.68 million members and beneficiaries during the period.Retirement, Disability, Unemployment, Sickness and Maternity Benefits of individual members, as well as Funeral and Death Benefits of beneficiaries who are SSS members themselves, are now coursed through Unified Multi-Purpose Identification card enrolled as an ATM card (UMID-ATM), UnionBank of the Philippines (...

Jan292021 by Marchel P. EspinaNo Comments

Negros Occidental strengthens pig output amid ASF threat

Business, Top Stories

Capitol photoNegros Occidental is looking to strengthen the breeding capacity of local sows to sustain the province’s swine production amid the dreaded African swine fever (ASF) threat.Provincial Veterinarian Renante Decena said today, January 29, that this is to secure the pig production of the province and so that those exported to other localities will already be surplus supply.“Our office was directed by the governor (Eugenio Lacson) to propose a herd infusion type - like breeder gilts or piglets to increase our breeder base since there was a decrease of production of sows since 2015,” he said.He said that Lacson wanted the province to target the 2015 sow production which was 511,000 heads. Right now, the province has 470,979 sows, he added.The provincial government...

Jan282021 by Marchel P. EspinaNo Comments

Swine raisers ID eyed

Business, Top Stories

PVO photoThe Negros Occidental Provincial Veterinary Office is eyeing a swine raisers identification system to strengthen its measures against the dreaded African swine fever.Provincial Veterinarian Renante Decena led this year’s first Livestock Consultative Conference on Wednesday, January 27, for sustainable partnership among its partners and stakeholders on different platform developments and systematic monitoring.During the conference, the adoption of the swine raisers ID system was tackled, stressing that this is one of the priorities being implemented by the PVO for mapping of all the hog raisers in the province, he said.This means that the Alliance of Hog Raisers Association of Negros Occidental (AHRANO) members and backyard raisers will comply with this requirement ...

Jan262021 by Marchel P. EspinaNo Comments

Meat prices surge

Business, Top Stories

Prices of meat in the markets of Negros Occidental have significantly increased this week.The prevailing market price of livestock and poultry weekly monitoring report of the Provincial Veterinary Office, showed that prices of beef increased by P2.34 per kilogram, from P274.45/kg on January 18 to P276.79/kg on January 25.Prices of pork also increased by P8.64/kg, from P204.76/kg to P213.40/kg during the period.Carabeef increased by P2.05/kg from P264.40/kg to P266.45/kg, while the price of chevon increased by P8.06/kg, from P329.33/kg to P337.39/kg.The price for broiler chicken increased by P16.32/kg, from P159.35/kg to P175.67, while the price for native chicken remained the same at P253.24/kg.Prices for eggs also slightly increased. They are priced at P6.64 (small), P...

Jan252021 by Digicast NegrosNo Comments

PVO distributes feeds to poultry multiplier farms

Business

PVO photoThe Provincial Veterinary Office is distributing feeds to 24 local government units that are operating poultry multiplier farms in the province to boost poultry productivity.Each poultry multiplier farm will be receiving 10 bags of grower mash/crumbles as a component of this year’s establishment and enhancement of the poultry multiplier farms project under the Provincial Animal Genetic Improvement Program (PAGIP).The PVO kick off the distribution on January 22 and is expected to be completed by January 29.The first batch of feeds was distributed to the cities of Bago, and La Carlota, and municipalities of San Enrique, Pontevedra, and Valladolid.The feed distribution is said to be timely due to weather disturbances experienced for the past two weeks.The proj...