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Bacolod City, PhilippinesSaturday, February 23, 2013
Distrito: Garbage collection
privatization advantageous

Bacolod Councilor Caesar Distrito yesterday said the privatization of garbage collection will be very advantageous to the city, considering that the contract of service will push the contractor to deliver 90 to 100 percent efficiency in collecting garbage in Bacolod City.

The city’s Solid Waste Management Committee presented during a committee hearing yesterday that the current efficiency rating of the city in handling garbage collection is 70 percent, with incurred expenses of about P77 million last year.

The hearing was conducted by the Committee on Laws, Ordinances and Good Government, chaired by Distrito, after the Bacolod Sangguniang Panlungsod acted on the Contract of Service to be executed by the city and Metrowaste Solidwaste Management Corp. during its regular session Wednesday.

‘Business confidence in
Q1 remains buoyant’

Businesses’ outlook on the economy continued to be favorable in Q1 2013, with the overall confidence index at 41.5 percent, a press release from the Bangko Sentral ng Pilipinas said.

The confidence index is computed as the percentage of firms that answered in the affirmative less the percentage of firms that answered in the negative with respect to their views on a given indicator. The current quarter’s CI was lower, however, compared to the 49.5 percent CI recorded in the Q4 2012 survey, the press release said. This is a typical downturn in business outlook during the first quarter of the year, it added.

The lower CI indicates that the number of optimists declined but continued to be greater than the number of pessimists during the quarter.

NFA told to buy palay
even in remote areas

Department of Agriculture Secretary Proceso Alcala has ordered the National Food Authority to intensify palay procurement and conduct it even in remote areas, a government press release said.

Alcala said that the NFA needs to be aggressive in terms of implementing their palay procurement program so that farmers could be assisted.

He also said that the NFA has to reach the farmers even in distant places and bring their program there.

Business
ButtonDistrito: Garbage collection privatization advantageous
Button‘Business confidence in Q1 remains buoyant’
ButtonNFA told to buy palay even in remote areas

ButtonPSEi retreats from record highs
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