Business

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Bulk water firm renews vow to solve Bacolod water woes

The Bacolod Bulk Water Inc. (BBWI) reiterated its commitment as a partner of Bacolod City to help solve its lingering issues on water shortage.


BULK WATER. Chairman Ryan Yapkianwee of Bacolod Bulk Water Inc. with Conrad Belisario, Chief Technical Officer and Mark Roxas, Chief Operations Officer discuss the Bacolod Bulk Water Supply project and reiterates commitment in solving Bacolod’s water woes and clarify other issues and concerns at the media briefing and orientation at Satin Room 2, Seda Capital Central Hotel yesterday.*(Jun de los Reyes/NDB photo)

SP extends deadline of business permit filing

The Sangguniang Panlungsod (SP) of Bacolod, during its regular session yesterday, extended the deadline for the payment of business permits in the city, from January 20 to February 28, 2018.

This was confirmed by Councilor Caesar Distrito, Chairperson of the SP Committee on Laws, Ordinances and Good Government who authored the extension of filing of business permits and the payment of the first quarter business tax.

“The extension will in effect exempt businesses that failed to secure business permits from payment of penalties and surcharges,” Distrito said.

No more swapping of old Peso bills after Dec. 29

Exchange your coins into paper bills

The Bangko Sentral ng Pilipinas (BSP) is reminding those who are in possession of old peso bills, those released in 1985 and lost monetary value since July, to have those swapped with new banknotes before 2 p.m. tomorrow, Dec. 29.

At the same time, BSP Senior Research Specialist Randy Bolves is urging the public to exchange their coins into paper bills, to enable BSP and the banks to recirculate loose coins than leaving them in cans, bottles and coin banks.

‘Drilon a traitor to the sugar industry’

An official of the Sugar Alliance of the Philippines (SAP) called Senator Franklin Drilon a “traitor to the sugar industry” after it was revealed that he was one of the senators who voted to reduce the excise tax on High Fructose Corn Syrup (HFCS) when the Senate was deliberating on the matter recently.

Manuel Lamata, president of United Sugar Producers Federation of the Philippines (Unifed) said during a press conference Saturday in Talisay City, that sugar industry stakeholders “are greatly disappointed on the actuation of Drilon”.

Sugar price decline: ARBs, workers warn of severe crisis

If the downward trend in sugar prices is not arrested, a severe crisis similar to a prolonged tiempos muertos will hit the sugar industry.


SUGAR WORKERS IN DISTRESS. The Negros Farmworkers and ARB Producers’ Federation, in a press conference at the Negros Press Club yesterday, warns of a severe crisis, similar to a protracted tiempos muertos, if sugar prices continue to decline. (L-R) Gina Barcibal, federation chair Sandrico Cornelio, Tommy Turnis, Dionesio Sanchez, Antero Imbang and Maya de Vera.*