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Bacolod City, Philippines Monday, March 26, 2007
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Send farmers to trainings
with SRA, MDDCs urged

The Sugar Regulatory Administration is urging Mill District Development Councils to assist small farmers in their respective districts improve their productivity through participation in the Outreach Program for the Sugar Industry Farm Management Seminars.

SRA will hold four seminars from June to September this year at its La Granja Agricultural Research and Extension Office in La Carlota City.

OPSI is one of the priority projects of the SRA Extension Department.

120,000 bags of
rice shipment arrives

The National Food Authority in Negros Occidental said 120,000 bags of rice from Vietnam arrived in Bacolod City last week to boost stock inventory of the province.

The supply is part of the 490,000 bags that will be shipped to Negros Occidental this year.

NFA Provincial Manager Marianito Bejemino said the province will have adequate supply of NFA rice especially in the coming lean months, from June to August.

'Radical fiscal reforms led
to improved RP economy'

Radical fiscal reforms being implemented by the Arroyo administration in the last six years have resulted to marked improvement in the economy, Malacaņang said in a press release yesterday.

Press Secretary Ignacio Bunye said the fiscal reforms have resulted to a stronger peso, reduced budget deficit and public debt and increased foreign investments.

These fiscal reforms include the Expanded Value Added Tax Law, which increases the rate of VAT imposed on goods and services from 10 to 12 percent, and the National Attrition Law which pushes revenue generating agencies to meet their collection targets or face stiff penalties. Bunye said President Arroyo was upbeat and "understandably proud" that the country has posted a record 24 continuous quarters of gross domestic product growth, the statement from Malacaņang said.

Business
Send farmers to trainings with SRA, MDDCs urged
120,000 bags of rice shipment arrives
'Radical fiscal reforms led to improved RP economy'
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