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Bacolod City, Philippines Thursday, February 2, 2006
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Foreign tourist arrivals
in city hit record high

Bacolod City registered a record number of foreign tourist arrivals in 2005, hitting a total of 25,438 visitors from other countries, statistics released by the City Tourism Office yesterday showed.

Domestic tourist arrivals, however, decreased for the first time since 1999, with only 197,652 Filipino visitors last year, compared to 201,419 in 2004.

Despite the fall in the number of domestic visitors, Bacolod's overall tourist arrivals, including domestic, foreign and overseas workers, still increased by five percent in 2005, reaching 218,282 from only 205,355 in the previous year.

City Hall asks BREDCO to submit
financial statement of TOP Harbor

The Bacolod Working Committee has requested the Bacolod Real Estate Development Corporation panel to submit the financial statement of the Top Harbor International Inc.

Bacolod Mayor Evelio Leonardia said this will serve as basis for setting the new rent due and payable to Bacolod City.

During the Comprehensive Revised Reclamation Agreement Renegotiation held yesterday at the Executive Inn, the negotiators said that, because THII, an affiliate of BREDCO, is the one operating the port, its income from port operations should be taken into consideration, a press release from City Hall said.

Prices of sugar held by
DOLE remain stable

Prices of domestic sugar held by the Department of Labor and Employment for the sugar farmers of the Binalbagan-Isabela Sugar Company remained at P1,355 per Lkg yesterday.

Last week "B" or domestic sugar held by DOLE sold at P1,355.55, Enrique Montilla, Binalbagan-Isabela Planters Association president, said.

However, "A" of US market sugar sold at P1,206 per Lkg, up P36 from P1,206 last week.

Business
Foreign tourist arrivals in city hit record high
City Hall asks BREDCO to submit financial statement of TOP Harbor
Prices of sugar held by DOLE remain stable
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