MERGE Sugar workers like these ones in Hda. San Isidro, Brgy. Bagtic, Silay City, will be among the first to suffer from a collapse of the sugar industry.* (Nonoy Catugas‎ photo)


Lo files suit vs. sons
for sale of pharmacy
But she no longer has
shares in NGP, lawyer says

BY CARLA P. GOMEZ

A founder of Negros Grace Pharmacy has filed a case before the Bacolod Regional Trial Court against her two sons and daughters-in-law to halt the sale of NGP and its subsidiaries to Ayala Healthcare Holdings Inc. (AHHI).

Corazon Lo filed SRC Case. No. 19-115 Monday, and it was raffled off to Branch 53 under pairing Judge Eduardo Sayson yesterday.

Named as defendants were Ian Manuel, Ma. Paz, Theodore Manuel and Sheila Lo, NGP, Solomon Drug. Corp., Samuel Drug. Corp., Steveston Drug Corp., Jasminum Corp., the NGP corporate secretary and AHHI. moremoremore


10 senators back sugar industry
Score import liberalization
BY CARLA P. GOMEZ

The Senate yesterday urged the executive department not to pursue the planned liberalization of the sugar industry to safeguard the economy, and the welfare of sugar farmers and industry workers in 28 provinces in the country, Senator Juan Miguel Zubiri said.

The call was contained in a resolution adopted by the Senate, that was authored by senators Sonny Angara, Maria Lourdes Nancy Binay, Joseph Victor Ejercito, Sherwin Gatchalian, Richard Gordon, Loren Legarda, Aquilino “Koko” Pimentel III, Joel Villanueva, Cynthia Villar, and Zubiri.

Recent statements made by the country’s economic managers on the proposed liberalization of the sugar industry through deregulation of imports and allowing users of sugar to directly import havecreated a stir and fear among the stakeholders in the sugar industry, the 10 senators said in their resolution. moremoremore

 

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Bacolod youth taught
basic financial mgmt
BY MARK L. GARCIA

Some Bacolod youth were taught basic financial management and helped to open personal bank accounts through the project of a student leader from the University of Saint La Salle, in partnership with the Bangko Sentral ng Pilipinas.

The advocacy called “Big BITS (Bawas, Ipon, Tipid, Saya)”, aims to encourage the youth to be financially active through education and by helping them establish a habit of saving and managing their finances well, project head and USLS Student Government president, Louie Raner, said yesterday.

Raner, in partnership with the BSP and Bank of the Philippine Islands, has been touring various public and private schools in Bacolod City to conduct seminars on financial management and to encourage the young to open their personal bank accounts and be financially active.