Iloilo Metropolitan Times Volume 1 • Issune no 46

Page 1

METROPOLITAN

ILOILO

VOL. I ISSUE NO. 46

the first business newspaper in metro iloilo

TIMES

developmental news | critical views www.iloilometropolitantimes.com

December 15 - 21, 2013 Php 12.00

Isaiah 7:14

Therefore the Lord himself will give you a sign: The virgin will be with child and will give birth to a son, and will call him Emmanuel. HISTORICAL EXCHANGE RATE Weekly MIDPOINT Rates - Dec 6 - 12, 2013

USD/PHP

44.3000

44.2539

44.2000

44.1870

44.1000 44.0596 44.0000

43.9481

43.9000

43.9601

43.9640

43.8671 43.8000 Dec 6, 2013

Dec 8, 2013

Dec 10, 2013

Dec 12, 2013

DTI PRICE MONITORING Prime Commodities (25 Oct 2013) Prime Commodities (25 Oct 2013)

CANNED SARDINES Current Price INSTANT NOODLES Current Price

Paradiso (155g) Young’s Town Bonus (155g) Lucky 7 (155g)

12.15 Lucky Me! (55g) 13.00 Payless (50g) 13.25

PROCESSED MILK Current Price

7.10 6.30 Current Price

BREAD

Alaska Sweetened Filled 49.50 Milk - Condensed 300 mL Pinoy Tasty (400g) Alaska Filled Milk 34.50 Pinoy Pandesal Evaporated 370 mL Angel Filled Milk Evaporated 410 mL

35.75

37.00

(pack of 10 pieces) 22.50

DA PRICE MONITORING Processed and Manufactured Commodities (25 Oct 2013) Processed and Manufactured Commodities (25 Oct 2013)

Commercial Rice Regular Milled Well Milled Premium Special (Fancy) Sugar Refined Washed Brown Sugar Cooking Oil Lapad (bottle)

Current Price 35.00/kg 38.00/kg 42.00/kg 45.00/kg 45.00/kg 42.00/kg 38.00/kg

Meat & Poultry Pork Liempo Pigue (Ham) Beef Rump Brisket Chicken Fully Dressed Egg (Medium) Fish Bangus

‘NO POWER PRICE HIKE’ 20.00

Winning cuisines of Tabu-an: Western Visayas Ilonggo Heritage Cuisine Cooking Competition and Food Fair. Atchara nga Gulaman nga May Tikhan by Hercor College, Best in Appetizer (left); Seafood Zarzuela by Hercor College, Best in Main Course (center); and Pinirito nga Ibus by Colegio del Sagrado Corazon de Jesus, Best in Dessert (right). Photo by flavorsoflife.com.ph

BY MARY PAULINE BALMES

Amidst the staggered increase of MERALCO’s generation charges, the Panay Electric Company (PECO) announced that there is no electricity price hike in Iloilo City. “There is no such increase. We are not affected by the Malampaya maintenance like MERALCO,” said Engr. Randy Pastolero, PECO vice president for operations. Pastolero added that the power supplier is just within the vicinity that is why the city is not affected by the huge increase in the amount of power generation charges like in other parts

of the northern part of the country. In fact, Pastolero said they had a price reduction of P0.17/kWh last month of November with an average of P11.7972/kWh on residentials, P11.0657/kWh–intermediate, P11.0219/kWh on commercial establishments, P11.5263-power, P11.0356-city government, P10.8713city street lights, P10.9214-other government. Pastolero, however, categorically said that there will be a slight increase in the electricity bill as cold season comes in. On the other hand, PECO has

started its new meter read, bill and deliver system which was launched recently in La Paz and Jaro districts of Iloilo City. The new system will allow faster delivery of bills compared to the old system since the bill will be delivered the same time it was read. PECO has contracted with USI (Utility Solutions Inc.) to handle the districts of La Paz and Jaro first in order to study what further improvements need to be done before the new system is applied for the entire Iloilo City. Pastolero said that the new system No power /p9

if such plans will push thru’. Tupas said it’s high time that the city will entertain this kind of innovation and alternative in our daily energy consumption. “We saw and felt its (Climate Change) ill effects already; a renewable source of energy such as solar power is

a very welcome development.” Tupas recommended the said company to Iloilo City Mayor Jed Patrick Mabilog and advised them to consult the environmental-related agencies such as the Department of Environment and Natural Resources Solar power /p9

Solar power plant mulled

BY MARY PAULINE BALMES

A solar power investor of a USbased company plans to invest and bring the solar power technology in Iloilo City. Iloilo City councilor Nielex Tupas said ‘it will be great for the city

Mila’s Hill

Mini Hotel Amenities

In Land Resort OPENS DAILY 9:00 a.m. to 5:00p.m. FOR RESERVATION : Call or Txt (033) 396 9698 09059347957

WEBSITE

Pasil, New Lucena Iloilo

Cottages

Pavilion

www.milashill.blogspot.com

EMAIL ADDRESS

milashill.inlandresort@gmail.com

Gazebo

Current Price

190.00/kg 180.00/kg

260.00/kg 200.00/kg 120.00/kg 4.50/pc

Current Price 120.00/kg

Dinagyang 2014 to ‘bring more fun to the world’

BY KHARIZA JOY SOFIA A budget of P15-million is being set for the success of Iloilo’s premier celebration in January 2014, according to Iloilo Dinagyang Foundation Inc. (IDFI) treasurer Ma. Luisa Segovia. The city government has already extended half of the requirement with financial assistance worth P7-million. Segovia said that the rest of the funds will be from sponsors helping Dinagyang. She further added that bulk of funds will be given as subsidies for the competing contingents. Dinagyang’s theme for next year is “Bringing More Fun to the World” and City Mayor Jed Patrick Mabilog said that the festival is the primary promotional vehicle for the city, the region and the country.

Mabilog said that the Dinagyang US trip aids a lot in promoting the city and the country to the world, enticing prospective investors to come to the city. On January 21-23, 2014, 300 Canadians investors are set to visit the city for a business forum. They will be treated to a spectacular Dinagyang performance during a cultural presentation. The Department of Tourism (DOT) cited Dinagyang for promoting “It’s More Fun in Philippines” in the US. DOT praised the City Government “for the invaluable contribution in the overseas promotion of Philippine Cultural Tourism through the stunning performance of Tribu Panayanon,” the festival’s reigning champion.IMT


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Iloilo Metropolitan Times Volume 1 • Issune no 46 by trIsofT - Issuu