The Metro Bacolod Chamber of Commerce and Industry is strongly pushing for an at least 30 percent increase in tariff for ethanol to protect the “accelerated development” of the biofuels program in the country, an MBCCI press release said yesterday.

MBCCI president Roberto Montelibano said the increase in tariff for ethanol from one percent to 30 percent will encourage more investors to put up more ethanol plants and meet the 10 percent ethanol blend target by 2011 mandated under the Biofuels Law.

He said the Philippine government is currently imposing one percent tariff only. Executive Order No. 499, signed by President Gloria Macapagal-Arroyo in 2005, reduced tariff to one percent because at that time there was no local producer of ethanol.

BIR groundbreaking
set today, tomorrow

The Bureau of Internal Revenue Region No. 12 in Bacolod City , and its three revenue district offices will hold their groundbreaking ceremonies today and tomorrow to mark the start of the realization of a dream to have their own regional and district offices, a BIR press release said.

The groundbreaking ceremonies for the cities of Bacolod and Victorias will be today while Dumaguete City will have it tomorrow.

Officials from the BIR national office, the Land Bank of the Philippines Leasing Corp., and other offices will attend the events.

Our Home opens Saturday

The furniture store, Our Home, will open at 10 a.m. Saturday at the North Wing Al Fresco area of SM City Bacolod, a press release from the firm said.

There will be a 10 percent discount on all items on the opening day until Sunday, it added.

Room scent diffusers will be given away to customers present at the grand opening.

Our Home promises to deliver great designs and great prices to its customers in Bacolod and Negros Occidental, the press release said.

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