Fair trade is not just a mechanism of economics but there is an agreement supporting the sustainability of the organization in partnership with the producers, processors, and consumers, Hagung Hendrawan, liaison officer for Asia Pacific of Fairtrade Labeling Organization, said yesterday, in Bacolod City.

Hendrawan was in the city for the orientation and dialog on Mainstreaming Fair Trade Opportunities for Negros Occidental.

He said FLO believes in trade and not in aid, thus, their support to businesses and organizations looks for access to market, buyers, and linkages.

New directors lead PAL Holdings after
acquisition of San Miguel share

MANILA – The parent firm of Philippine Airlines has accepted the resignation of its board of directors after San Miguel Corp. acquired a significant stake in the country's flag carrier.

In a disclosure to the Philippine Stock Exhcange, PAL Holdings Inc. said the board of directors' in a meeting held yeterday accepted the resignation of Jaime Bautista as director and president; Domingo Chua, director and treasurer; Wilson Young, Juanita Tan Lee as directors; Johnip Cua as independent director and Ma. Cecilia Pesayco as corporate secretary.

The new elected directors of PAL Holdings include Ramon Ang, Inigo Zobel, Roberto Ongpin, Aurora Calderon and Ferdinand Constantino.

‘Rice supply
enough for 65 days'

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