Prices of meat at the markets in the towns and cities of Negros Occidental increased further Monday, reports from the Provincial Veterinary Office showed yesterday.

In Bacolod City, however, prices of pork and beef remain unchanged at P220 per kilo while dressed chicken is sold at P130 for every kilo.

Renante Decena, Provincial Veterinarian, said the average price of beef went up to P215 for every kilo from P188.33 last month.

WV Q1 unemployment
at 6 percent – DOLE

Unemployment rate in Western Visayas in the first quarter of the year reached 6 percent compared to the same period last year, which has 6.8 percent, an official of the Department of Labor and Employment in the region, said yesterday.

DOLE Regional Director, Ponciano Ligutom, said the continued decline in the unemployment rate in Western Visayas could be attributed to the booming construction, tourism and business outsourcing industry in the region.

Ligutom said if the economy continues to stabilize and, by the end of the year, the employment rate in the Western Visayas may decrease further.

Gov’t changes assumption
on 2014 peso-dollar rates

The government has changed its peso-dollar assumption for 2014 to P42-P45 from P41-P44 previously.

Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo said the adjustment in the peso assumption for the year was made as economic managers consider higher growth for imports this year against exports.

Higher importation means higher demand for dollar, which in turn would fuel the US currency’s appreciation.

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