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Bacolod City, Philippines Friday, January 12, 2007
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NEDA upbeat on
WV business prospects

Western Visayas will have bright prospects in business for 2007, an official of the National Economic and Development Authority 6 said. Raul Anlocotan, NEDA 6 chief economic and development specialist, spoke at the meeting of the Joint City Peace and Order Council and the City Disaster Coordinating Council on Wednesday afternoon held at the Casino Filipino Hotel in Bacolod City, a press release from the City Mayor's Office said.

Anlocotan came in behalf of Regional Director Arturo Valero who was invited to talk about NEDA's Program and Economic Outlook for 2007.

Officials present at the meeting were Bacolod City Mayor Evelio Leonardia, chairman of the CPOC, Vice Mayor Renecito Novero , and City DILG Director Ireneo Asuga Jr.

'Entry of white shrimps
to increase production'

The lifting of the ban on the importation and culture of Pacific white shrimp or Peneaus vannamei in the Philippines will boost the country's dwindling shrimp production, and increase consumption of shrimps that will now be affordable to more Filipinos, industry leader Roberto Gatuslao said yesterday.

Gatuslao, president of the Philippine Shrimp Industry Association, and other industry officials witnessed last Monday the signing of Fisheries Administrative Order 207 by Agriculture Secretary Arthur Yap to signal the lifting of the ban.

"It will open white shrimp for culture (in the country) and production will go up. If production is good, the ceiling price is low, making shrimp more affordable. The target is to have more Filipinos eat shrimp," Gatuslao told the DAILY STAR.

Business
NEDA upbeat on WV business prospects
'Entry of white shrimps to increase production'
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