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Bacolod City, PhilippinesFriday, February 6, 2009
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Normal supply of LPG in
Visayas: DOE official

Visayas, particularly its key cities, has normal level of liquefied petroleum gas supply, an official of the Department of Energy said.

Director for Visayas Antonio Labios, who was in Iloilo City yesterday for a power supply consultation,  said the LPG stocks in Visayan cities are within the inventory level, and the DOE has not received  complaints of LPG shortage.

“Based on our monitoring, we could still say that the situation is normal,” he said, adding that the price of an 11- kilogram cylinder tank in Western Visayas is lower than the Cebu rate.

January inflation at
10-month low: NSO

MANILA – Philippine inflation rose 7.1 percent from a year earlier in January, the lowest level of growth in 10 months, as economic activity slowed amid the global financial crisis, the National Statistics Office said yesterday.

Prices grew by a slower pace than the 8.0 percent rate in December and extended a downtrend that started in September, NSO data show.

Food and fuel items made the most significant impact in its consumer price index basket.

P27M in fertilizer grant
released to WV in ’08

Western Visayas rice farmers received P27 million in fertilizer incentive grant from the National Food Authority in 2008 after selling 778,678 bags of palay to the agency, its figures show.

In Negros Occidental, incentives totaled P1.5 million given to 48 individual farmers and nine farmers’ cooperatives.

NFA provides an incentive of P1,800 is given to farmers or organizations for every 2,500 net kilos of palay they sell  to the NFA.

Business
ButtonNormal supply of LPG in Visayas: DOE official
ButtonJanuary inflation at 10-month low: NSO
ButtonP27M in fertilizer grant released to WV in ’08

ButtonPre-need industry not hopeless, SEC says
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