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Bacolod City, Philippines Friday, January 20, 2006
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Novero, Dilag split on
Vendors' Plaza issue

Bacolod City Administrator yesterday reminded Acting Mayor Renecito Novero that his job as acting mayor is only ministerial.

This came after Novero issued a memorandum Wednesday to the market supervisor of the Vendors' Plaza at the Reclamation Area in Bacolod City, requesting that the vendors be properly notified first before they are asked to vacate the area and that they be give three days to prepare.

Novero said he was not informed by the Market Committee, headed by Dilag, of its decision to close the Vendors' Plaza.

Positioning of stocks
boosts sugar prices

Positioning. That was the key word on every producer's lips yesterday as sugar traders tried to make sure they have the stocks by the end of the milling season. This drove up further the millgate prices of both domestic and US-bound sugar.

Binalbagan-Isabela Planters Association sold its "B" or domestic sugar at P1,195 per Lkg. and "A" or world market sugar, at P1,094.68.

Negros Oriental Planters Association, milling with the Central Azucarera de Bais, posted a bid price of P1,198.68 for its "B" sugar and P1,070.55, for its "A" sugar.

Business
Novero, Dilag split on Vendors' Plaza issue
Positioning of stocks boosts sugar prices
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