The services sector of Negros Occidental posted P3.919 billion in investments in 2006, with trading and retailing having the highest investment figures last year, statistics from the Department of Trade and Industry Provincial Office show.

Businesses under the sector include transportation, communication and storage, finance and pawnshops, dwelling and real estate, private professional service, trading and retailing and other related trades. Based on investments generated through business name registrations, trading and retailing posted P3.272 billion from January to December 2006.

Biofuels Caravan stops
in Bacolod tomorrow

The Biofuels Caravan, organized by the Philippine Fuel Ethanol Alliance, will arrive in Bacolod City tomorrow and will start with a roadshow of three vehicles running on biofuels around the city at 8 a.m., a press release from organizers said.

The caravan, which kicked off February 3 in Pagudpud, Ilocos Norte Feb. 9, seeks to educate the public on the use and benefits of biofuels.

President Gloria Macapagal-Arroyo has signed Republic Act 9367 or the Biofuels Act of 2006 last month.

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