Victorias Milling Company has disclosed to the Philippine Stock Exchange that it has signed a debt restructuring agreement with AB Capital, one of its creditors.

The company, through its compliance and information officer Eva Vicencio-Rodriguez, wrote to the PSE about the agreement on May 18, which was released as a corporate disclosure on May 19.

No other details were given, however.

DOST to conduct
calibration training

The Department of Science and Technology 6, in collaboration with the Philippine Institute of Chemical Engineers-Negros Occidental Chapter, will conduct a "Training on Basic Volume and Mass Calibration" on May 31 at the Sugar Workers Livelihood Center, Cottage Road in Bacolod City, a press release from DOST said.

The course seeks to provide knowledge and skills to perform calibration, verification and inspection of weighting scale commonly used in the public market and build capability for inspection of fuel dispensing pumps.

The training is a combination of lectures, interactive exercises and demonstration activities, the press release said. Participants are requested to bring a 10-kilogram spring scale,

Wage boards prepare
to tackle hike petitions

The Regional Tripartite Wages and Productivity Boards are prepared to deliberate on the petitions for increase in minimum wages filed by various labor groups, the Department of Labor and Employment said in a statement yesterday.

Labor Secretary Patricia Sto. Tomas said the RTWPBs will soon conduct consultations and deliberate for a possible wage increase.

She said that RTWPBs in NCR and Regions 6, 7, 10, and 11 have started evaluating the merits of the petitions, adding that in other areas, the wage boards may initiate a new wage order motu propio, if warranted, in the absence of a petition. The wage boards continuously monitor economic conditions and may issue new wage orders even without petitions, Sto. Tomas said.

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