Pacquiao glory back
BY NIDA BUENAFE

Sarangani congressman and world boxing icon Manny Pacquiao’s power punch is still there but he barely used it as he let loose quick combinations of punches to beat American Brandon Rios and win by unanimous decision in their 12-round ring battle for the World Boxing Organization international welterweight belt at Macau's Cotai Arena yesterday.

The fight was witnessed by millions of Filipinos worldwide, including Negrenses who trooped once again to places airing free live telecast and those who patiently waited for the delayed broadcast on local channel.

At ringside in Macau was Bacolod City Rep. Evelio Leonardia, an official member of the Team Pacquiao, who said that Pacquiao, the boxer, “is back on the road to glory.”

Binay promises housing aid
for Negros ‘Yolanda’ victims
BY CARLA GOMEZ

Vice President Jejomar Binay Saturday visited areas in Negros Occidental hit by super typhoon “Yolanda” and assured those whose houses were damaged that the National Housing Authority will provide them with a maximum of P5,000 each in assistance, depending on the extent of the destruction to their homes.

The identification of the recipients will be based on the inventory of local government units, which will be validated, he said.

Those with destroyed houses could be recipients of new ones in resettlement areas if local governments provide the land, but they will first have to comply with the President’s order to come up with typhoon-resilient structures, he said.

Ceneco finally posts
P23M net profit: GM
BY ADRIAN NEMES III

Central Negros Electric Cooperative posted a P23 million net income last year after suffering losses since 1998, its general manager Sulpicio Lagarde, announced Saturday.

Lagarde, who spoke at the 38th annual general membership assembly of CENECO, at the University of St. La Salle Coliseum, said that, hopefully, they will be able to sustain its gains.

He said their electric gross profit also climbed to P433.5 million last year from P289.4 million in 2011, or about 49.79 percent increase.

He attributed this to the reduction of unnecessary expenses and the strengthening of their revenue base.