Gov. George Arnaiz called an emergency meeting yesterday of all mayors in Oriental Negros to catch up with the deadline for submitting their proposals for the opening of farm-to-market roads.

District engineer Rodrigo Catapusan of the Department of Public Works and Highways said that each local government had a share of P2 million from the P37 billion interest savings of national government debts due to the strengthening of the peso.

President Gloria Arroyo had ordered that the amount be distributed to all LGUs in opening new farm to market roads, he said.

LTO registration
collection up 14%

Vehicle registration revenues collected by the Land Transportation Office in Bacolod City in 2005 increased by 14.09 percent to P101.090 million, from only P88.604 million in the previous year, its comparative quarterly report shows.

Collection was up P12.485 million, and local LTO chief Antonio Norman Saril said 2005 is a banner year for the agency.

Number of vehicles registered - private, government and for-hire - also increased. For private vehicles, registration rose from 37,551 units in 2004 to 44,439 in 2005 or an 18.34 percent increase;

Gov't to sell 2 TV stations

MANILA - The Philippine government will privatize two state-run television stations in the first half of the year, the Privatization and Management Office said yesterday.

The sale of IBC-13 and RPN-9 television stations will take place separately between March and May, the PMO said in a statement, naming CLSA Exchange Capital Inc. as its lead advisor in the sale.

It did not say how much the government expects from the sale but the finance department has said that it has set a conservative target of P500 million in revenue from privatizing state assets this year.

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