MERGE DANGEROUS. Who enforces public safety with numerous overloaded jeepneys like this one spotted along the national highway in Murcia, Negros Occidental?* (Andy Alvarez photo)

Ayala share acquisition
in Negros Grace OK’d

The Philippine Competition Commission has approved the majority stake acquisition of Ayala Healthcare Holdings Inc. in Negros Grace Pharmacy Inc., a drugstore chain based in Bacolod City.

The anti-trust body, in a statement on Monday, said 75 percent of the outstanding capital stock of Negros Grace was acquired by AHHI from Jasminum Corp., which still owns the remaining 25 percent.

As a result, Negros Grace that was founded by Corazon Lo from Bacolod City, will have an authorized capital stock of P100,000,000. moremoremore

Poll protests exercise in futility: guv

“The filing of election protests is an exercise in futility”, Negros Occidental Gov. Alfredo Marañon Jr. said yesterday.

Protests cannot be resolved immediately because they go all the way up to the Court of Appeals and Supreme Court, and after three years another election is held, he said.

They will just spend money protesting, and in the end, their protests become moot and academic, Marañon added. moremoremore


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Protest against Baciwa
privatization continues

Employees of the Bacolod City Water District continued their protest noontime yesterday against the looming privatization of the water utility firm.

Bacolod Councilor Wilson Gamboa Jr. said yesterday that they are conducting an information dissemination drive, together with the Social Action Center,to inform the consumers of Baciwa and the general public about the issue so they will support their cause against the public private partnership(PPP) with a private company that could lead to the privatization of Baciwa.

Gamboa said the public should be aware of the possibleresult of privatization.The issue is imbued with public interest and Baciwa should consult the city government on the matter as required by law, he said.