The Bacolod City government has started processing the issuance of business permits yesterday at the City Hall and Permits and License Division head Ardis Jaculina is encouraging the public to apply for renewal before the Jan. 20 deadline.

Jaculina, however, said the BAYS Center is still being cleaned up of effects of the flood but may be ready by Monday. She said they are now installing the facilities for the business applicants and are preparing to install the wireless router that will connect the computers at the BAYS Center to that at the City Hall.

Based on the Revenue Code and the Local Government Code, the deadline for the renewal of business permit is Jan. 20.

New sugarcane areas to be developed as
feedstock for production of ethanol

Agriculture Secretary Arthur Yap said new areas will be developed as plantations of sugarcane which could be used as feedstock for ethanol production, but he assured consumers that there are sufficient farmlands to ensure stable sugar supply.

"There is enough sugar production for food use. New areas will have to be developed to supply the needs of the ethanol plants that will be set up in partnership with foreign investors," Yap said in a statement. He said the Department of Agriculture, through the Sugar Regulatory Administration, will work closely with the Department of Energy in developing the Bioethanol Program, which aims to create a viable investment climate for potential investors in the biofuels industry and ensure energy security for the country.

Pag-IBIG urges members
to avail of lower loan rates

The Pag-IBIG Bacolod Branch is encouraging its members to avail of the reduced interest rates for government housing loan packages.

Branch attorney Imelda Gerangaya said the new interest rates took effect last week of November and Pag-IBIG usually reviews the rates guidelines after six months.

Gerangaya said the advantage of borrowing from Pag-IBIG is that it offers lower interest rates compared to banks.

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