A river survey has been conducted by the Department of Public Works and Highways Region VI in the Mandalagan and Lupit Rivers of Bacolod City for a feasibility study on its flood control project that will determine problems of drainage and water systems of the city, Frank Carbon, president of the Metro Bacolod Chamber of Commerce and Industry yesterday said.

Flooding is the biggest problem of the city and it can wipe out all investments if not solved, Carbon said.

During heavy rains, clogged drainages result to overflowing rivers that causes flooding all over the city, he said.

ANP set to launch
agriculture venture

After 25 years of building micro and small enterprises for Negros, the Association of Negros Producers is now gearing up its services to the fruit and vegetable industry through the development of agri enterprises.

In partnership with AFOS Foundation, ANP will officially launch OURFood-Negros on Tuesday at the Governor’s Hall of the Provincial Capitol in Bacolod City at 10 a.m., a press release from the group said.

Eighteen organized farmers’ groups, who are into vegetable and food production, will be engaged as partners by the program, it said.

Consumer confidence
declines in Q2 – BSP

Consumer sentiment weakened in Q2 2012 as the overall confidence index declined to -19.5 percent  from -14.7 percent in Q1 2012, the Bangko Sentral ng Pilipinas said in a press release.

The CI is computed as the percentage of households that answered in the affirmative less the percentage of households that answered in the negative with respect to their views on a given indicator.

 Respondents cited perceived high cost of goods and services, rising unemployment, low salary and income, and expected higher household expenditures for their bearish outlook, the BSP said.