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Bacolod City, Philippines Saturday, March 31, 2007
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Domestic sugar
prices drop slightly

Millgate prices of domestic or "B" sugar dropped slightly this week, although prices still remain above the P1,000 per 50-Lkg level.

Data provided by the Sugar Masterplan Foundation show that prices this week range from P1,050.05 to P1,110 per Lkg while last week, from P1,043.76 to P1,120 per Lkg.

Bais, which disposed its stocks last week at the lowest price of P1,043.76, did not take part in this week's bidding, but Passi I, Passi II and Pilar are back this week. For the current week, Binalbagan-Isabela Sugar Company sold its stocks at P1,064.89 (high) and P1,061 (low), for a total volume of 14,445.22 Lkgs.;

DA to hold planting test
of sweet sorghum in WV

The Department of Agriculture will conduct planting trials in Capiz to find out the local adaptability of the sweet sorghum, a source of high-octane fuel that can be blended with gasoline to produce bioethanol, the Philippine Information Agency reported

The tests will be conducted at DA's seven-hectare Regional Integrated Agricultural Research Center situated between Panitan and Sigma towns.

Henry Tumlos, DA-RIARC Capiz chief, said the trials for five varieties of sweet sorghum will start during the wet season this season this year, the PIA said.

ITR FILING UNTIL APRIL 16
BIR tells Negrenses
to pay taxes early

The Bureau of Internal Revenue has extended the deadline for the filing of income tax to April 16, Monday, since April 15 falls on a Sunday.

BIR is urging Negrense taxpayers to avoid the long lines and unnecessary hassles by paying their taxes early although the agency has also set up alternative venues where they can file their ITRs at their convenience.

BIR said it has coordinated with its Authorized Agents Banks in Negros Occidental for an extension of their banking hours from 3 p.m. up to 5 p.m. on April 1 to 16 or only during the filing season.

Business
Domestic sugar prices drop slightly
DA to hold planting test of sweet sorghum in WV
BIR tells Negrenses to pay taxes early

First Converse store in Bacolod opens
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