Two hundred forty slots are available for the Community Technology-Based Skills Training Scholarship for residents of the 5th District in Negros Occidental beginning April 8, the office of Rep. Ignacio Arroyo said in a press release.

The trainings, to be conducted in cooperation with the Technical Education and Skills Development Authority, are open to fisherfolk, farmers, out-of-school youths, unemployed adults and their beneficiaries. Each training will run for three weeks for a period of 120 hours.

The training project, funded by P1 million from Arroyo’s Priority Development Assistance Fund, are designed to serve the need for industrial skills of District V residents. These include Welding and Fabrication, three batches; Plumbing, two batches; Small Engine Repair and Maintenance for Agricultural Equipment, two batches; Preventive Maintenance/Auto Mechanics and Defensive Driving, two batches; and Engine Tune-Up and Overhauling of Small and Medium Fishing Boats, two batches.

IN VISAYAS
WESM sees P38B
in annual turnover

The Wholesale Electricity Spot Market sees an annual gross turnover of P38 billion from its Visayas commercial operations set to begin shortly from Cebu.  

Through the WESM, suppliers and buyers in the Visayas can trade electricity as a commodity. Trading participants include generators, distribution utilities, rural electric cooperatives, and industrial and commercial customers.

Mario Pangilinan, executive vice president of the Philippine Electricity Market Corp., said in a statement they have extended the Live Dispatch Operations in the Visayas, which started since Feb. 5, marking the final step of the Visayas Trial Operations. 

RP shares down 1.6% as
Asian markets rattle

MANILA – Philippine hare prices closed 1.6 percent lower yesterday in line with other Asian markets rattled by heavy losses on Wall Street at the end of last week, dealers said.

The composite index shed 50 points to 3,079.99. It moved between 3,063.17 and 3,129.99. A total of 788.7 million shares worth P2.6 billion ($64 million) changed hands.

Decliners outpaced gainers 67 to 29, while 42 stocks ended flat.

The broader all-share index shed 24.91 points or 1.3 percent at 1,896.25.

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