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Bacolod City, Philippines Friday, February 17, 2006
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Neg. Occ. tourist receipts
soar to P1.56 billion in '05

Tourist arrival receipts of the province increased by 25.8 percent to P1.569 billion in 2005 compared to only 1.164 billion last year, statistics of the Negros Occidental Tourism Center show.

The increase was noted despite a drop in total tourist arrivals due to the decrease in the number of excursionists who visited the province last year.

The total income was based on receipts representing the average daily expenses of tourists at P2,918 per person and of excursionists, at P500 per person.

City Hall monitoring council checks
prices, weighing scales in markets

The Bacolod City Price Monitoring Council yesterday checked the prices prime and basic commodities and inspected weighing scales in three public markets, a press release from City Mayor's Office said.

The inspection team, that included representatives from the Department of Trade and Industry, the Market Coordinating and Monitoring Task Force, Revenue Inspection and Miscellaneous Services Office-City Treasurer's Office, visited Burgos, Libertad and Central Markets.

During their monitoring on February 3, the most common price of refined sugar was P40 per kilo while brown sugar, P30 per kilo but as of yesterday, prices dropped by P1 per kilo, the press release said.

Prices of sugar reflect market
with right fundamentals: SRA
BY CARLA GOMEZ

Sugar prices yesterday still reflected a market with the right fundamentals, Sugar Regulatory Administrator James Ledesma said.

Most "B" or domestic sugar sold above P1,200 per Lkg yesterday. Ledesma earlier predicted that prices would level off at P1,200 per Lkg.

"The prices are good. Bids are tight indicating the underlying strength of these price levels," Luis Tongoy, president of the Confederation of Sugar Producers-Negros Panay chapter, said.

Business
Neg. Occ. tourist receipts soar to P1.56 billion in '05
City Hall monitoring council checks prices, weighing scales in markets
Prices of sugar reflect market with right fundamentals: SRA

Water, power disruptions set
Preparation ordered for heavy rains from 'La Niņa'
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