Daily Star logoStar Business
Front Page
Negros Oriental
Star Business
Opinion
Sports
Police Beat
Star Life
People & Events
Bacolod City, PhilippinesWednesday, July 11, 2007
Google
 
Web www.visayandailystar.com
OPA eyeing small
dams at Bago River

The Office of the Negros Occidental Provincial Agriculturist is proposing the construction of three water impounding dams at the Bago River, to support the food security and self-sufficiency program of Governor Joseph Maraņon for Negrenses.

Engr.Igmedio Tabianan, OPA chief, yesterday said Agriculture Secretary Arthur Yap promised to provide P15 million, for its feasibility study.

Tabianan who briefed members of the Sangguniang Panlalawigan on his proposal, said the water impounding dams will directly benefit the fourth district, which is the rice granary of the province. OPA hopes to provide adequate water supply to at least 400,000 hectares of rice lands in Negros Occidental, if the project pushes through.

Tanduay, workers clash
on union-related issues

WE'RE WAITING FOR COURT DECISIONS - TDI

The Labor Power Council-Negros, an ally of the Labor Union of Tanduay Employees, has scored the Tanduay Distillers Inc.-Bacolod Plant based in Murcia for alleged unfair labor practice.

Teofilo Agravante, president of LPC-Negros Ad Hoc Council, said in a statement that TDI refuses to bargain with their union even if the Department of Labor and Employment has certified LUTE as the sole and exclusive representative of the workers. TDI management doubts that the union has legal personality to represent the workers, but the question has been substantially settled, said Agravante, who is also president of LUTE, which has 63 members.

Pag-IBIG cuts housing loan rates;
good borrowers get discounts

The Pag-Ibig Fund has reduced its housing loan rates anew and is offering discounts to updated borrowers, based on the recent Circulars 229 and 230, a press release from the agency said.

Circular 229, known as the Good Payor Incentive Program, rewards housing loan borrowers who are paying promptly or those who pay on or before their respective due dates as indicated in the monthly billing statement.

Borrowers who shall pay on or before due dates shall be entitled to a maximum discount of two percent on the interest; provided, that the resulting interest shall not fall below the rates provided for in Pag-IBIG Fund Circular 219, which took effect on Nov. 23, 2006, the press release said.

Business
OPA eyeing small dams at Bago River
Tanduay, workers clash on union-related issues
Pag-IBIG cuts housing loan rates; good borrowers get discounts
Front Page | Opinion | Negros Oriental | Business | Sports
Star Life | People & Events| Archives | Advertise
 
 Email: dailystar@lasaltech.com