25 C
Davao City
Monday, February 27, 2017
The Economy

The Economy

Bangko Sentral ng Pilpinas Photo

BSP adopts 3-tiered licensing system

The Bangko Sentral ng Pilipinas' (BSP) policy-making Monetary Board (MB) has approved a three-tiered licensing system aimed to strengthen screening functions on financial institutions...
ASEAN INFO KIOSK. The pillars of the Philippine Information Agency (PIA) inaugurated last February 22 three sites in Davao of information kiosk of the ASEAN (Association of South East Asian Nations) – in the Francisco Bangoy International Airport in Davao City, the Big 8 Hotel and Robinson’s Mall in Tagum City. Photo at left shows PIA Region 11 Director Efren Elbanbuena, CAAP (Civil Aviation Authority of the Philippines) Davao manager Agnes Udang, PIA Director General Harold Clavite and PIA Deputy DG Gelo Villar at the kiosk official opening at the international airport terminal, while photo at right shows the three PIA officials with Big 8 Hotel general manager and Tagum City Mayor Alan Rellon during the opening of the kiosk at the hotel in Tagum City. (Photos by PIA 11)

ASEAN Info Kiosk

ASEAN INFO KIOSK. The pillars of the Philippine Information Agency (PIA) inaugurated last February 22 three sites in Davao of information kiosk of the ASEAN (Association of South East Asian Nations) – in the Francisco Bangoy International Airport in Davao City, the Big 8 Hotel and Robinson’s Mall in Tagum City. Photo at left shows PIA Region 11 Director Efren Elbanbuena, CAAP (Civil Aviation Authority of the Philippines) Davao manager Agnes Udang, PIA Director General Harold Clavite and PIA Deputy DG Gelo Villar at the kiosk official opening at the international airport terminal, while photo at right shows the three PIA officials with Big 8 Hotel general manager and Tagum City Mayor Alan Rellon during the opening of the kiosk at the hotel in Tagum City. (Photos by PIA 11)
Edge Davao

MF mission team cites PH economic growth

An International Monetary Fund (IMF) mission team that visited the Philippines from Feb. 20-24, 2017 found the country's monetary policy supportive of domestic expansion,...
Edge Davao

PH-Japan trade ties bearing fruit: Lopez

Following the successful state visits of President Duterte in Japan and Prime Minister Abe in the Philippines, Japanese bank Ogaki Kyoritsu Bank (OKB) initiated...
Edge Davao

Various groups back DOF call for lower estate tax

The National Tax Research Center (NTRC) and several other groups have expressed their support for a legislative proposal granting a one-time amnesty on estate...
MANNY PIÑOL IN SULU. Agriculture Secretary Emmanuel Piñol delivers a speech during the Negosyo Para sa Kapayapaan sa Sulu: Christmas Town Hall with the President in Malacañan Palace on Monday night. TOTO LOZANO/Presidential Photo

PH, Cambodia intensify cooperation on rice research, production

The Philippines and Cambodia have agreed to boost their cooperation on rice research and production. Department of Agriculture (DA) Secretary Emmanuel F. Piñol informed Cambodian...
Edge Davao

Guidelines to formalize ‘5-6’ lending out in March

The government is finalizing the guidelines to formalize the ‘5-6’ lending scheme and is set to release the document by March, Federation of Indian...
Edge Davao

DOE to abide by TRO on retail competition

The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) said they will abide by the Supreme Court’s temporary restraining order on the...
BUSINESS AS USUAL. One of the oldest nickel mining companies in Surigao – Taganito Mining Corporation – operates in the mountains of Claver, Surigao del Norte, as can be seen in in the background in this photograph taken Monday (20 February 2017). The subsidiary of Nickel Asia Corporation has been in business for decades, causing the water bodies nearby to turn rusty-red with laterites. It is not among the 14 erring mining firms in the Caraga Region ordered closed by Environment Secretary Gina Lopez as it is reportedly among those who passed the audit. (MindaNews photo by Roel N. Catoto)

5 teams to conduct review of DENR orders

The multi-stakeholder Technical Working Group (TWG) of the Mining Industry Coordinating Council (MICC) is forming five technical groups that will conduct an “objective,...
Edge Davao

Sulu piracy affects ARMM’s int’l trade

Investment officials in the Autonomous Region in Muslim Mindanao (ARMM) expressed alarm over piracy attacks in Sulu as international trade at Polloc Port in...

WEATHER UPDATE

Davao City
overcast clouds
25 ° C
25 °
25 °
94%
1.5kmh
90%
Tue
27 °
Wed
30 °
Thu
28 °
Fri
27 °
Sat
28 °