The Kabankalan City government and the Development Bank of the Philippines yesterday entered into a P508.63-million loan contract for the construction of a road network across the city's various barangays.

The contract was signed by Mayor Pedro Zayco Jr. and Jonathan Teves, head of DBP Regional Management Center , in the presence of Adonica Estores, DBP Kabankalan branch head; Vice Mayor Delia Anacan; and Councilor Raul Rivera, chairman of the committee on infrastructures, and other officials at the rites held at the Sangguniang Panlungsod session hall.

A video presentation of the barangay roads to be constructed in barangays Linao, Tampalon, Tabugon, Tagoc, Pinaguinpinan, Inapoy, Bantayan and Locotan was shown before the contract signing.

Education on
stock market stressed

Educating Filipinos on opportunities in the stock market is essential with technology now leveling the playing field for investors outside Metro Manila, a visiting official of an online stock brokerage firm said yesterday.

Conrado Bate, president and chief executive officer of CitisecOnline, said in a press briefing that only a very small portion of the country's population are investing in the stock market because of lack of education.

He said that only about 50,000 Filipinos are investing in stocks.

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