The Simplicio Palanca Seaport Terminal will be fully operational in October* (CGS photo)
Bredco invites taipan
for multi-billion dev’t
BY CARLA P. GOMEZ
The Bacolod Real Estate Development Corp. has invited taipan Lucio Co to be a strategic partner in the planned multi-billion peso improvement of the BREDCO port in Bacolod City to bring it up to international standards, its president, John Palanca Alonte, said yesterday.
At present Alonte said he, Simplicio Palanca, Willy Au and Co own BREDCO, and the taipan is not the majority shareholder.
Power, canned good
BY MARK L. GARCIA
Negrenses should better be watchful on where they spend their money as power rates and suggested retail prices of selected commodities have increased this month.
Three electric cooperatives of Negros Occidental announced yesterday that residential electricity rates will increase ranging from P0.0533 to P0.229 per kilowatt-hour, while the Department of Trade and Industry-Negros Occidental started to implement the adjustments on the suggested retail prices of processed meat, milk, and sardines this month.DTI-Negros Occidental Price Monitoring Officer Reginald Hudierez also told the DAILY STAR yesterday that the increase of SRPs of selected canned goods categorized as basic necessities and prime commodities were implemented this month, ranging from P0.10 to P2 per can, due to the increase in prices of the raw materials from production to packaging.
Negros dad calling for more
challengers to develop PAC
BY MARK L. GARCIA
Negros Occidental Board Member Salvador Escalante called yesterday for more potential challengers who can give better offer to develop the Provincial Administration Center as he announced that the terms of reference of the project that will be open for a Swiss Challenge will be published within this week.
Escalante said he hopes there will be interested contractors who will challenge the offer of the Dynamic Builders and Construction Company to develop PAC.Two weeks ago, the Sangguniang Panlalawigan approved the Joint Certification of Successful Negotiations, as well as Terms of Reference based on the agreed terms and conditions, resulting from the negotiations between the P4 Selection Committee and Dynamic Builders.