The Dumaguete branch of Bangko Sentral ng Pilipinas disclosed a positive forecast to the banking industry in the region recording an increase in deposits and a decrease in borrowing from the banks.
The Department of Social Welfare Development in Bicol reassured local government units in the region that they are willing to help the residents whenever the Mayon Volcano suddenly erupts.
The National Disaster Risk Reduction and Management Council is monitoring the volcanic activity of Mayon Volcano after raising its alert level in the past few days.