Moody’s Investors Service remains bullish on the Philippine economy on back of continued reforms in the government and improvements on its fundamentals.

Moody’s Senior Vice President Christian de Guzman said yesterday that, for one, the improvement in revenue collection of the Bureau of Customs is credit positive for the country.

He explained that this development is “something you really can’t ignore.”

‘AVM corrects
slaughterhouse woes’

Despite the denial by the Bacolod City government of its request for extension of time, AVM Bernardo Engineering, that operates the city’s Slaughterhouse in Brgy. Handumanan, continued to correct the default and breach of its agreement with the city, its legal counsel Marvin Tañada said.

In his letter dated May 14 to Bacolod Mayor Monico Puentevella, Tañada said the act of AVM Bernardo in pursuing the improvement despite receipt of letters of denial from the Mayor’s Office to their request for more time to correct the default, is grounded on the provision of the memorandum of agreement it had entered with the city.

Tañada said it is worthy to emphasize that there is no provision in the MOA that requires AVM Bernardo to seek prior approval from the city for extension of time to correct the default.

Livelihood
trainings conducted

Rep. Alfredo Benitez (Neg. Occ., 3rd District) launched recently a livelihood training program to stir economic activities in the barangays in line with his vision to promote self-reliance and self-sufficiency.

He challenged his constituents to focus on educating themselves, participating in their own development and to be determined to succeed in order to grow and progress, a press release from Benitez’s office said.

This week 57 participants were trained by the Department of Science and Technology and the Northern Negros State College of Science and Technology (NONESCOST) on making Kroepek, Smoked Fish and Sardines.

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