By GRACE S. UDDIN Davao Today DAVAO CITY— Just like in the cybergame Farmville on Facebook , overseas Filipino workers can now invest their hard-earned money in a virtual poultry farm and watch it grow on the internet. The Department of Trade and Industry recently launched the virtual poultry farm North...

PRICE CHECK. A Davao City official of the Department of Trade and Industry checks the prevailing prices of food products commonly bought for Christmas dinner. Stores caught selling the commodities far beyond the government's suggested retail prices may be charged for possible violations of Republic Act...

MISAMIS ORIENTAL, PHILIPPINES—A resolution requesting the Senate to fast track the passage of a bill that will integrate peace and development efforts in the island of Mindanao was unanimously approved by an island-wide shippers group in their recent Mindanao logistics conference. Vic Lagdamen, president...

Davao City—The Department of Trade and Industry (DTI) in Davao region warns business establishments anew against putting the phrase “while supply lasts” in their sales promotions especially with the Christmas season approaching. Sales promotion is a technique intended for broad consumer...

By CJ KUIZON Davao Today DAVAO CITY (davaotoday.com) � The onset of typhoons in Metro Manila, which choked up major roads from surrounding provinces, had temporarily opened up a market for Davao�s vegetables. Shortly after the tropical storm Ondoy (international name Ketsana) and super typhoon Pepeng...

By CJ KUIZON Davao Today A miniature of the Birmingham building, Camella Northpoint’s second building within the condominium complex. (davaotoday.com photo) DAVAO CITY — Even before actual construction could begin, Camella Homes has already sold 90 percent of all its units in the first building...

Davao City – Effects of the global economic crisis can be seen from figures taken from the first quarter of the year but Davao businessmen continue to be upbeat about the region’s investment climate. Simeon Marfori, President of the Davao City Chamber of Commerce and Industries Inc.(DCCII), said...

DAVAO CITY — 100 micro, small and medium enterprises (MSMEs) are set to showcase Mindanao products in this year’s Mindanao Trade Expo 2009 (MTE ‘09) in a bold return from last year’s absence. MTE ‘09 will be on August 13 to 16 at the Bangko Sentral ng Pilipinas Convention...

Quezon City — The joint House committee on Mindanao Affairs and on Government Enterprises and Privatization recently approved the substitute version of House Bills 5255, 5260 and 2303, which all push for the creation of a permanent Mindanao development body. In a joint hearing, Mindanao congressmen...

Davao City — A group of Malaysian businessmen recently flew to Davao City with Agriculture secretary Arthur Yap to look for areas that will be suitable for planting with palm oil. They made an aerial survey of Compostela Valley Province and inspected ancestral domain areas. In particular, they eyed the...

DAVAO CITY — Following the Belgian business mission here just this month, the European Chamber of Commerce in the Philippines (ECCP) is poised to send another business mission to Mindanao in August; this time with a big delegation from various business groups in Europe. In a briefing on Mindanao...

Davao City � A network of young leaders and entrepreneurs are seeking out more entries from Davao and Mindanao for the nationwide Creative Young Entrepreneur Award (CYEA). The Junior Chamber International � Philippines, the group that hosts the CYEA in the last three years, opens its award this year to...

NCCC opens new stores in Davao...

Davao City — The Minister of Agriculture from the Kingdom of Saudi Arabia (KSA) is excited by business opportunities in Mindanao. Heading a 23-member delegation composed of representatives from the KSA government and private sector, Minister Dr. Fahad A. Bal Ghunaim was recently in the city to...

DAVAO CITY– The House of Representatives special committee on Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (Bimp-Eaga) may become a regular standing committee before the 14th congress ends this year. In the first ever committee meeting held outside of Congress, the...

Davao City — Local chief executives (LCEs) in Mindanao are urging the national government to subsidize irrigation fees as direct incentives to small farmers. The League of Municipalities of the Philippines (LMP) in a resolution addressed to the President underscored the need to subsidize the...

COTABATO CITY — The opening of the first call center in this city is indicative of a new phase in the development of the business process outsourcing (BPO) sector in Mindanao. Calcent Link Solutions is now operating the first combined training and outbound call center in Cotabato City, in partnership...

DAVAO CITY — In preparation for the influx of tourists this summer, the Regional Development Council (RDC) has enjoined all the local chief executives of all the cities and provinces of the Davao region to establish showrooms for their indigenous products. During the recent RDC meeting at the Bulwagan...

DAVAO CITY — About 500 vegetable growers nationwide are to convene in Davao City on April 22 to 23 for the 1st National Vegetable Marketing Summit as spearheaded by the Vegetable Industry Council of Southern Mindanao (Vicsmin) Inc. Event organizers are hoping that local government units will support...

DAVAO CITY — The Davao City field office of the Department of Trade & Industry (DTI)has announced that it will conduct entrepreneurship trainings and film showings. The trainings are scheduled as follows: May 07-08 – How to start a small business May 15 – Financial management. ...

DAVAO CITY — Jewelers of Monkayo are expected to clinch more deals and generate more sales as the town’s jewelry-making industry is flourishing, with the skills training and financial assistance that have been poured into it. Eulogio C. Orevillo of the Department of Trade and Industry (DTI)...

TAGUM CITY — The Regional Development Council (RDC) is coming up with a resolution urging mayors and provincial governors of the various local government units in the region to support the One-Town One-Product (Otop) product showrooms. During the recently held RDC quarterly meeting at the Bulwagan ng...

By IBON Media Unemployment data from the January 2009 Labor Force Survey confirms the country’s descent into greater joblessness due to the global crisis and accumulated domestic economic weaknesses. The figures however are a gross underestimation of joblessness in the country, which is likely to have...

Davao City — The Bureau of Internal Revenue (BIR) is set to implement Oplan Kandado (operation plan lockup), which will shut down firms that do not file tax returns or issue statements of tax return on purpose and those that deliberately understate their revenues or income by more than 30 percent. In...

MAASIM, SARANGANI — Despite the global economic slump, investor confidence shows no sign of slowing down here as a Sarangani-based Filipino-owned company recently announced in a groundbreaking ceremony the putting up of a shipbuilding facility worth 250 million pesos that is set to be the biggest in...