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Bacolod City, PhilippinesTuesday, February 5, 2013
Alcala to lead opening of
16th dairy congress

Department of Agriculture Secretary Proceso Alcala will lead the opening of the 16th National Dairy Congress Thursday at the Bacolod Pavillon Hotel and Restaurant, provincial veterinarian Renante Decena said yesterday.

Negros Occidental is hosting this year’s congress after the Dairy Confederation of the Philippines recognized the projects and developments of the province in the dairy and livestock sector, Decena said.

Alcala will be joined by assistant secretary for livestock Davinio Catbagan, United States Department of Agriculture Foreign Service counselor Philip Shull, New Zealand Ambassador Reuben Livermore, and 4th District Batangas Rep. Mark Mendoza, chairman of the House Committee on Agriculture and Food, Decena said.

‘WV needs more factories’

The National Economic and Development Authority is urging the Western Visayas region to attract more manufacturing and other light and heavy industries in a bid to be at par with other industrial areas like Manila and Cebu.

Based on the regional development plan covering the period 2011-1016, Western Visayas needs to focus on industries as the “engine of economic growth” along with its services sector.*PNA

Peso closes stronger

The peso closed stronger against the dollar yesterday at 40.59 on the back of positive news on United States economy.

The peso gained P0.10 from last Friday’s 40.69 and opened sideways this week at 40.64.

It traded between 40.67 and 40.58, bringing the average to 40.60.

Volume of trade reached $938.5 million, which a trader said was high amid the Chinese holiday.

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