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Bacolod City, Philippines Wednesday, February 8, 2006
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City Hall seeks inventory
of deserted market stalls

Bacolod City Administrator Lorendo Dilag said he met yesterday with the market supervisors of the three major markets in Bacolod City and required them to submit an inventory of all the abandoned stalls or blocks in their areas.

Dilag said he will also write the occupants of the Manokan Country to remind them of their arrearages with the city. He said this is because Bacolod Mayor Evelio Leonardia has stressed the need for the city to maximize its collection of rental fees from the markets.

Dilag had earlier said that the city government has been subsidizing the operations of public markets and that corrective measures must be implemented.

Inflation edges
higher in January: NSO

MANILA - Philippine consumer prices in January rose 6.7 percent from a year earlier, well within government targets, official figures showed yesterday.

The January figure was slightly higher than the 6.6 percent inflation rate posted in December. The Bangko Sentral ng Pilipinas had earlier forecast January's consumer price index at 6.4 to 7.1 percent.

Month-on-month, prices rose 0.7 percent in January, the National Statistics Office said in a statement.

Business
City Hall seeks inventory
of deserted market stalls

Inflation edges higher in January: NSO
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