MERGE The artists perspective of the P500M hotel that will be built by Megaworld in Bacolod, as part of the P28 billion investment in the Bacolod City.*

P500M luxury hotel
to rise in Bacolod

A P500 million luxury boutique hotel will be built by real-estate developer Megaworld Corporation within its 34-hectare The Upper East township project in Bacolod City and is expected to be completed in 2022, an official of the company announced yesterday.

Rachelle Peñaflorida, vice president for Sales and Marketing of Megaworld, said that this is their first hotel that will be built in their township project at the compound of the old Bacolod-Murcia Milling Co. on the east side of Bacolod.

“The hotel’s main lobby will be a retrofitted heritage house that used to be the old ‘guest house’ inside BMMC. Beside it will be another wing that used to house guest rooms for visitors, which will be converted into a ballroom facility,” she said at a press conference at the L’Fisher Hotel in Bacolod City. moremoremore

‘Calibrate importation of sugar’

Sugar leaders yesterday said while there is nothing they can do about the government economic managers’ decision to import sugar, they want its entry to be timed correctly.

Trade Secretary Ramon Lopez said yesterday that retailers may be permitted to directly import rice and sugar, but retail prices will be set by government.

Lopez said this price setting system is in line with the Administrative Order 13 released by Malacañang last month, directing the National Food Authority, Sugar Regulatory Administration, and Department of Trade and Industry to remove administrative constraints and non-tariff barriers on the importation of agricultural products to curb food inflation. moremoremore


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6 Neg. Occ. farmers win
WV Gawad Saka awards

Six farmers from Negros Occidental were awarded as outstanding in Western Visayas in the Regional Gawad Saka at the Punta Villa Resort and Convention Center in Iloilo City Monday night.

Of the 13 recognitions given in the annual awarding ceremony, six went to the Negrense farmers, the highest among the provinces in Region 6, Provincial Agriculturist Japhet Masculino said yesterday.

Those who won in the Regional Gawad Saka were Jessele Hyacinth Suarez-Hablo as Outstanding Agri-preneur from Bacolod City, the Gamala family represented by Joenel Gamala as Outstanding Farm Family from San Carlos City, Reymund Sofio as Outstanding Integrated Rice Farmer of Valladolid;