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Inflation eases in Bacolod, slightly up in NegOcc: PSA

Inflation eases in Bacolod, slightly up in NegOcc: PSA

Business, Top Stories
Customers buying food items at a supermarket in Bacolod City  *PNA photoThe December 2024 inflation rate for all income households in Bacolod City eased further to 2.4 percent while Negros Occidental’s went slightly higher to 3.7 percent, data released by the Philippine Statistics Authority (PSA) on Tuesday, Jan. 14, showed.In Bacolod, the inflation rate in November settled at 2.7 percent, from 3.2 percent in October, while Negros Occidental recorded 3 percent in November, after the 3.5 percent in October.In a press briefing, John Campomanes, chief statistical specialist of PSA-Negros Occidental, said the top major contributor to last month’s inflation is the food and non-alcoholic beverages commodity group at only 1.2 percent, with a share of 87.7 percent to overall inflation....
NIR economic prospects forum Jan. 21 – MBCCI

NIR economic prospects forum Jan. 21 – MBCCI

Business, Top Stories
The Metro Bacolod Chamber of Commerce and Industry (MBCCI) will host a forum on the economic prospects for the Negros Island Region at Citadines Hotel in Bacolod City on Jan. 21.The event aims to unlock private investment opportunities in the newly established region, a press release from MBCCI said.The event themed “Attracting Private Investments for NIR to alleviate the Poverty Problem” is expected to be attended by Bacolod City Mayor Alfredo Abelardo Benitez, Neg. Occ. Gov. Eugenio Jose Lacson, and Neg. Or. Gov. Manuel Sagarbarria.The forum presents a unique opportunity for business leaders, investors, and stakeholders to engage in meaningful discussions about NIR’s economic future, the press release said.Among the topics to be discussed are “Prospects of the Philippine ...
Guv: Post qualification evaluation of bulk water project bidder ongoing

Guv: Post qualification evaluation of bulk water project bidder ongoing

Business, Top Stories
The post qualification evaluation of the lone bidder for the bulk water project of Negros Occidental is ongoing, Gov. Eugenio Jose Lacson said on Tuesday, Jan. 7.A consortium of First Balfour Inc., Victorias Milling Co. and FPIP Utilities Inc. is the lone bidder of Negros Occidental’s P1.2 billion bulk water project.Lacson said after the assessment and if qualified, negotiations will follow regarding the pricing of the water they will produce.The governor said it could be implemented in the first quarter of this year.The bulk water project includes the financing, engineering design, construction, operation and maintenance of the bulk water supply system that will be sourced from either the Imbang River or the Malogo River.It is expected to supply treated bulk water to s...
10% discount on biz tax at BOSS until Jan. 20

10% discount on biz tax at BOSS until Jan. 20

Business, Top Stories
The Permits and License Division Business One-Stop Shop (B.O.S.S.) is currently continuing its operations at the Bacolod City Government Center premises from 8 a.m. to 5 p.m. Monday to Saturday until January 20.A 10 percent discount on business tax will be given to those who make a one-time payment on or before January 20, a press release from the city government said Monday, Jan. 6.Online renewal is also made available for the public.They may file for payment through this link: ebpls.bacolodcity.gov.ph, the press release said.*
TP, recognized Sustainable Business Champion at French Chamber PH Awards

TP, recognized Sustainable Business Champion at French Chamber PH Awards

Business
Pierre Berube, Senior Vice President for Shared Services and Capability Development (middle), receives the Prosperity Award on behalf of Teleperformance.*Teleperformance (TP), global leader in digital business services and citizen experience management, has been honored with the Prosperity Award at the The Le Trophée Bleu: Sustainability Business Awards, presented by the French Chamber of Commerce and Industry in the Philippines (CCIFP) recently at the Shangri-La, The Fort, Manila.The Prosperity Award celebrates French and Filipino organizations in the country that combine economic success with impactful social contributions,a press release from TP said Friday, Jan. 3. Several flagship programs of Teleperformance for inclusivity and sustainability include the company’s mul...
Globe secures ISO 22301:2019 new certification

Globe secures ISO 22301:2019 new certification

Business
Globe has successfully obtained a new certification for ISO 22301:2019, the international standard for Business Continuity Management Systems (BCMS), highlighting its proactive approach in safeguarding critical operations and ensuring uninterrupted service delivery in times of crisis.The new certification, valid until 2027, underscores Globe's commitment to maintaining a robust and resilient business framework capable of withstanding and swiftly recovering from natural disasters and unforeseen business disruptions. Globe has maintained this certification since 2012, a press release from the firm said."This achievement is a clear indication of Globe's constant state of readiness to respond to challenges. Our efficient teams, coupled with effective processes, guarantee the delivery o...
Evacuated farm animals get help

Evacuated farm animals get help

Business
Farm animals evacuated out of the Kanlaon Volcano danger zone are getting help from the private sector.   Businessman and inventor Ramon Uy supervised the unloading of shredder and chopping machine in   La Castellana, Negros Occidental, for the use in the production of silage for the carabaos, cows goats, and other livestock at a relocation site.The animals have been relocated because of the  ashfall from  Kanlaon Volcano’s eruption.The equipment was lent to the local government without any cost on their part, Uy said.The help for the farm animals is supported by Villar Foundation, EcoAgri Development Foundation and RU Group of Companies, he said.*
‘GCash AI-powered lending services break barriers, provide innovative loan options’

‘GCash AI-powered lending services break barriers, provide innovative loan options’

Business
As generative Artificial Intelligence (AI) becomes more integrated into work and society, the Philippines' leading finance app and largest cashless ecosystem, GCash, is using the technology for good. Through its lending arm, Fuse, GCash is creating opportunities for Filipinos to access financial services by breaking down barriers of  traditional lending systems. Now, with the power of AI, GCash is making it even easier by enhancing credit scoring and collections, ensuring more Filipinos can achieve their financial goals, a press release said."AI has transformed our loan scoring and collections, making credit more accessible and repayments easier," said Fuse Lending President and CEO Tony Isidro. "By using AI to assess the user’s eligibility and streamline collections, we’...
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