MANILA – The Philippine peso gained strength as it closed at 42.87 against the US dollar, or 20.5 centavos stronger than the 43.075  yesterday, on back of positive news from Greece.

The local currency opened at 43 to a dollar, weaker than day-ago’s 42.75 level and also its lowest level for the day. But it rose to as much as 42.85.

The local unit averaged at 42.919 Tuesday, better than the 42.946 a day ago.

DTI helping
OTOP food makers

Ten food producers of One Town, One Product are being assisted by the Department of Trade and Industry in their  product packaging and labeling to  improve their marketability and branding.

Engiemar Tupas  of Department of Trade and Industry in Negros Occidental, yesterday said they need to provide technical assistance to food producers to help reduces losses,  and increase their market.

Tupas said most food producers do not consider the safety  and shelf life of their products and most of them have no knowledge of the appropriate materials to use.

New travel agency launched

Kyoken Travel & Tours recently opened in Bacolod City with Mayor Evelio Leonardia  present, a press release from the firm said.

The company owned and operated by April Mendoza Kitagawa has  an authorized ticketing office at Door No. 2, Eusebio Arcade, Lacson Street, Bacolod, the press release said.

Leonardia said he is sure that Kitagawa’s business is going to contribute to make the city’s tourism system more sophisticated and more convenient.

back to top