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Bacolod City, PhilippinesThursday, August 1, 2013
Globe subsidiary funding
Bago BPO training center

A Negros Occidental-based call center training hub was chosen by the incubator-investment firm Kickstart Ventures Inc., a subsidiary company of Globe Telecommunication, as one of its investees, Pia Bernal, Social Enterprises Investment manager of the firm, said yesterday.

Bernal said they chose to fund the BagoSphere call center training center in Bago City because it has met their investment criteria, such as being investable in terms of scalability, with a good team and people who can make a difference, and with good execution plans.

She said Kickstart is focused on companies involved in digital media technology, media education, commerce, web and mobile platform, among others. They are also open to investing in traditional businesses that want to go on mobile through internet.

First Community Bank
inks MOA with DepEd

A memorandum of agreement to extend loans to teachers and personnel of the DepEd was signed by the First Community Bank Inc. and the Department of Education.

The MOA was signed by FCBI president Lawrence Villanueva, manager Manuel Torres, and director Mario Pao for the bank, a press release from the FCBI said.

DepEd secretary Bro. Armin Luistro and undersecretary Francisco Varela signed for the department, it added.

DA blames lean month
for spike in rice prices

The Department of Agriculture has blamed the lean months from July to August for the increase in prices of rice at an average of P.50/kilo for well-milled rice and P.20/kilo for regular-milled rice.

Emily Bordado, chief of Agricultural Information Office in Bicol, said the spike in rice prices is caused by the depletion of rice stocks in the farmers’ households, while the rest of the rice stocks are controlled by the traders.

DA data shows that in June, the average prices of well-milled and regular rice in the region were P33.50 and P30.30, which increased in July to P34 a kilo and P30.50/kilo, respectively. The two Camarines provinces and Masbate, however, experienced a P1 increase per kilo in well-milled rice.

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ButtonGlobe subsidiary funding Bago BPO training center
ButtonFirst Community Bank inks MOA with DepEd
ButtonDA blames lean month for spike in rice prices

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