P500M yearly to aid
When new law ok'd
before year ends: Villar
BY CARLA GOMEZ
Senator Cynthia Villar, chair of the Senate Committee on Agriculture and Food, said yesterday that the Sugarcane Industry Development Act that she is sure will become a law before the end of this year, will bring in an expected P500 million in funds annually to help ensure the survival of the industry.
The act will create a Sugarcane Industry Development Fund that will be funded by 15 percent of the Value Added Tax on sugar and 15 percent of the duty on imported sugar to be collected over a 10-year-period, said Villar, who was in Bacolod City for the MassKara Festival.
The fund will be used to help consolidate small parcels of land into bloc farm units to boost productivity, provide socialized credit for farmers, scholarships for children of farm workers, and research and development, she said.
BY GILBERT BAYORAN
LA CARLOTA CITY- Senator Ferdinand “Bongbong” Marcos Jr. expressed his support yesterday for the move to connect Negros and Panay islands through a bridge, but not for the creation of a one island Negros region yet.
Marcos, whose father, the late President Ferdinand Marcos, had constructed the San Juanico Bridge, linked Leyte and Samar in the 1970s, said that the building of a bridge between Negros and Panay will boost the economy of the two islands.
|A Binay-Erap tandem?|
|Change or pushback?|
The 10-day annual celebration of Negros Oriental's Buglasan Festival of Festivals reeled off yesterday with an ecumenical service preceding the awarding ceremony of the Outstanding Oriental Negrenses, followed by the coronation of the Miss Negros Oriental Tourism.
The 2014 Outstanding Oriental Negrenses are Marcelino Maxino in the field of law and jurisprudence; and Bayawan City Mayor German Sarana, who was honored posthumously, in government service. Sarana succumbed to cancer at age 68 at the St. Luke's Medical Center in Quezon City last month.