THE NEGROS CHRONICLE  

The Negros Chronicle is a weekly publication published in Negros Oriental province, Philippines, vigilantly featuring the latest news updates around Dumaguete City and Negros Oriental since 1973.
 
 
   MAY 20, 2012 EDITION
 

Banco Dipolog opens in Dumaguete. Both BANCNET and Banco Dipolog seal their MEMO Agreement for ATM bank services in Dumaguete as Banco Dipolog opens here as their first out of Mindanao branch. Seated (L-R): Ma. Katrina Francesca S. Herrera, EVP/COO Banco Dipolog; Ma. Pilar R. de L. Mendezona, Director; Jude Martin Raymund B. Saguin, President and Chairman of the board; Robert P. Blas, Bancnet President; Aristeo P. Zafra, Jr., Bancnet EVP/COO; Elmarie S. Reyes, Bancnet VP for Controllership and Administration.

 
 


   
HEADLINE  
   
 

Expressing disappointment over the alleged failure of the country's biggest producer of geothermal energy to pay the long due real property tax account amounting to P171,643,453.58, the provincial treasurer, in a letter to Energy Development Corporation President Richard B. Tantoco, warned that the province will be "forced to institute obligatory proceedings" at the soonest possible time.

However, the reply from the multi-billion company may have assuaged the provincial government when Tantoco sent senior officials of the company to meet with Provincial Treasurer Danilo C. Mendez, Thursday, with the good news that it will join the Capitol in submitting the matter before the Bureau of Local Government Finance under the Department of Finance for arbitration.

Furthermore, EDC also committed to pay P31 million as partial and provisional payment of the real property tax while the issue is still being resolved. The payment will be made tomorrow the soonest.
 
   

 
   


     
       
  FRONT PAGE   TOP OF THE WEEK
   
 
 
 
 
   


   
CRITICAL REPORTING  
   

The current initiative of our city legislators to institute the long overdue color coding of tricycles to decongest traffic is not the complete solution, because in fact, it is just the tip of the city's entire traffic nightmare.

But credit is due to its initiators because at least we know that our city elected officials have started to wake up from a long slumber only to find out that given two more years, there will be hardly enough room for more vehicles in Dumaguete's fast booming metropolis.
 
   
   


         
NEWS
 
 
 
 
   


   
EDITORIAL  
   
 

The national commander of the Philippine Coast Guard, Vice Admiral Edmund Tan, has responded to the complaint of several passengers of Ocean Jet Voyage 881 Dumaguete, wf rhoom, f or Ttwaog bhioluarrsa sna ilintog time, were not given full air conditioning service. This is not to mention their notoriety for late arrivals and departures.

When the complaint was filed by irate passengers as the fast craft docked in Dumaguete, Monday morning, immediately the Oceanjet crew, upon inspection by the Coast Guard and MARINA, switched the aircon to full blast, which confirmed the suspicion that the fast craft crew simply ignored the request of passengers for full ventilation in the Tagbilaran-Dumaguete run last Monday in Voyage 881. The OceanJet was a fully, tightly packed vessel at that time. It was possible that the ferry captain, a certain Capt Vargas, might have sanctioned the lowering of its cooling power or thermostat to save energy, but to the detriment of good service to the public.
 
   
   


         
OPINION
 
 
 
 
   


   
 
   


 

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