The president of SM Department Store yesterday said they have spent more than P200 million for the new three-level SM Store expansion because they believe that the market in Bacolod City is big.
Jorge Mendiola said they also have plans to put up a boutique hotel and other amenities within the complex, hopefully by next year.
“Bacolod has been very kind to SM. They have patronized us so we are giving back to them what they deserve, which is a beautiful store,” he said.
Oil firms announce
Oil companies announced yesterday price rollbacks on their petroleum products.
First to announce the rollback were Flying V Philippines and Eastern Petroleum, that bared price cuts of P1.50 per liter on their gasoline and P1.50 per liter on biodiesel products that would take effect at 12:01 a.m. today.
In a separate advisory, Petron Corp., Chevron Philippines, Pilipinas Shell, and Seaoil Philippines, will implement price cuts of P1.05 per liter for all gasoline products; diesel by P1.65 per liter; and P1.60 for their kerosene products also effective at 12:01 a.m. also today.
Coke supports competition
for sari-sari store services
Coca-Cola Philippines supported the Technical Education and Skills Development Authority Negros Occidental’s Sari-sari Store services competition at the recent Panaad sa Negros Festival, the beverage company said in a press release.
The event is a first for women sari-sari store owners and operators.
Lorena Yunque, TESDA provincial director, said “the skills competition is aimed at instilling self-esteem and pride among blue-collar workers, and to promote specific trades and occupations relevant to the national economy,” the press release said.