Top business leaders in Bacolod City are optimistic of a better economy in 2008 based on indicators from various sectors.

“I look at 2008 to be bright for Bacolod ,” Roberto Montelibano, president of the Metro Bacolod Chamber of Commerce and Industry, said, adding that the Philippines has also bright prospects with a projected 6.5 to 7.0 economic growth.

Montelibano, also board president of the Central Negros Electric Cooperative, told the DAILY STAR his projection for Bacolod is based on the power requirement growth of the CENECO areas pegged at 13.4 percent this year.

‘Settle taxes to
avoid public auction'

The Provincial Treasurer's Office of Negros Occidental urged real property owners to pay their delinquent tax within 30 days from receipt of Notice of Delinquency to prevent their inclusion in the list of delinquent properties.

The delinquent properties will be sold at public auction on May and October this year.

The Local Government Code of 1991 provides that unpaid real property taxes due for the calendar year 2007 and previous years have reduced the properties delinquent.

4-day energy
summit starts Jan. 29

Energy Secretary Angelo Reyes yesterday announced the holding of a four-day energy summit to discuss long-term programs and policies on energy, fuel and power utilization and conservation, a press release from Malacañang said.

The energy summit will open on Jan. 29 and will resume two days later on Jan. 31. The two other meetings are set for Feb. 5 and 7.

Reyes said there is no easy way out of the energy crisis. This problem is going to be with us during the next 50 to 100 years, he added in the press release.

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