28 C
Davao City
Friday, March 23, 2018
The Economy

The Economy

SIGN OF GOOD NEWS. Container ships loading and unloading container vans are seen docked at Sasa Port in Davao City on Tuesday. Arrivals of cargoes from aboard are expected to increase now that the Holiday season has already started. LEAN DAVAL JR.

Modernization of Sasa port underway

The proposed modernization of the decades-old Sasa Port in Davao City, the country’s third busiest and Mindanao’s major port, will push through under a...
ELATED. Singapore Tourism Board (STB) area director-Philippines International Group Laeh Loh says STB saw record high numbers for the very first time and achieved over 700,000 visitors from the Philippines registering 6.5% growth and Davao contributed 5% of the total arrivals from the Philippines based on their 2015 and 2016 data. She also said during a gathering with local media and influencers on Wednesday night that Singapore’s worldwide tourist arrivals reached 17.4 million last year. LEAN DAVAL JR

Singapore’s tourism authorities hope to see more Dabawenyos

The Singapore Tourism Board is targeting an increase of 5 percent of tourist arrivals from Davao and elsewhere in the Philippines this year. Lael Loh,...
SOLAR DRYER. Workers prepare to dry rice under the sun at a rice mill in Davao del Sur. The public expressed hope that the Department of Agriculture would finally deliver on its promise to make the country rice sufficient by 2018. LEAN DAVAL JR.

FAO taps Filipino solons in legislating​ food security

The United Nations’ Food and Agriculture Organization (FAO) has engaged Filipino legislators​ on prospects of legislating food security and nutrition programs that also addresses concern on...
Edge Davao

Tagum city destroys 458 motor mufflers

Close to 500 bora-bora (improvised or modified) mufflers were destroyed by a road roller in front of the New City Hall, in line with...
Edge Davao

Tuna fishers acquire new fiberglass boats

Kiamba, Sarangani fishermen would have better and safer fishing boats following the distribution last month of new fiberglass fishing boats by the Department of...
Edge Davao

DOLE eyes regulations to visa trading of OFWs

The Department of Labor and Employment will propose regulations to the visa trading practice, which allows transfer of migrant workers from one employer to...
SUPPORT TO ABACA INDUSTRY. Farmer beneficiaries of the Department of Agriculture’s Philippine Rural Development Plan’s High Quality Abaca Fiber Program in Barangay Maligang, Kiamba, Sarangani province are getting things all set for the program’s formal launching in May. Concreting of roads going to the upland areas of Maligang has already been initiated to provide easy transport of Abaca yields. Along with these developments, the farmers and the multipurpose cooperative they formed will directly benefit from the profits out of the increased Abaca yields the program targets. (AR Camposano-JP Belmonte/KIAMBA INFORMATION OFFICE)

Abaca industry ‘dying of neglect’

It propelled the local economy in the pre-war years, but the city’s abaca industry has become a “classic example” of a dying venture due...

Davao City eyes more ICT investment

The city government expects more investors to put up Information and Communications Technology (ICT) related investments in the city. The projection came after Skynora Corp....
PRINTING MACHINE. Technicians demonstrate the features and capability of a state-of-the-art printing machine during the last day of PHILCONSTRUCT Mindanao and Manufacturing Technology Davao 2017 at SMX Convention Center in Lanang, Davao City on Sunday afternoon. LEAN DAVAL JR.

Manufacturing investments soar

Department of Trade and Industry Secretary Ramon Lopez announced on 13 March 2018 that investments in manufacturing surged by 244%, posting a record of...
Edge Davao

PHA to invest to fund 2 firms

Holding firm Premiere Horizon Alliance Corp. (PHA) is raising up to PHP500 million for investments in two mining companies in Palawan. PHA told the local...


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