Negrenses warned vs. investment scam
By Jennifer Catan-Tilos

The Securities and Exchange Commission (SEC) has warned Negrenses to be cautious on possible investment scam that offer high earnings or some business opportunities.

SEC director Atty. Lindeza Gavino said swindlers offer various investment packages through friends or any person recruiting, phone, email or online, entities, flyers, and newspaper advertisement. Gavino advised the public to refrain from dealing with such kind of investment offers without SEC registration or appropriate license to engage in activities that would turn out to be bogus. It is noted that most vulnerable to investment scam are teachers, overseas Filipino workers, wives of emigrants, and government officials who are promised with quick returns on their money.

DTI launches P6M SSF
By Jennifer Catan-Tilos

The Department of Trade and Industry (DTI) here has opened the Shared Service Facility (SSF) worth more than P6 million at Foundation University (FU), Dumaguete City.

DTI’s partnership with FU aims to boost productivity and efficiency of small medium enterprises (SMEs) in the province using this facility, DTI Provincial Director Javier Fortunato said. The retorting equipment installed at FU campus is the main processing chamber wherein the packed food is sterilized as well as cooked properly to meet FDA standards that may be exported. The university will provide assistance needed by local food industry in various testing requirements of food products which include daily, ready-to-eat snacks, and other agricultural products.

NORECO-1 appeals for public cooperation in reducing systems loss
By Roi Lomotan

The Negros Oriental Electric Cooperative (NORECO-I) is appealing for cooperation from member-consumers as the electric cooperative implements measures to reduce its high systems loss.

NORECO-I General Manager Jose Juvileo Acabal reported that the electric cooperative is alarmed after the percentage of their systems loss reached 13%. The said figure is the same with the rate set by the Energy Regulatory Commission (ERC) as limit for systems loss in every electric cooperative. Acabal said even though the number is still within the limit set by the ERC, the electric cooperative aims to lower the systems loss rate to 11% by the end of the year. To resolve this, the electric cooperative has started to conduct clearing operations and thermal scanning in their coverage areas. He appealed to homeowners to allow their linemen to trim branches of their trees that seen to hang or mingle with electric wires or beside electric posts and transformers.

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