MANILA — As expected, Malacañang lifted the freeze order it imposed on pump prices of oil in calamity-hit Luzon, just over three weeks after President Gloria macapagal-Arroyo issued the controversial Executive Order (EO) 839. It was actually a double whammy because she also ended the price control on...

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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...

January-May Deficit Shows RP On Verge Of Renewed Fiscal Crisis By IBON Media The January to May 2009 fiscal deficit of the national government (NG) of an alarming P123.2 billion signifies that the country is on the verge of a renewed fiscal crisis. Among others this underscores the need to revisit the...

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...

By CJ Kuizon Davao Today DAVAO CITY � The city government is borrowing money from the Land Bank of the Philippines (LBP) to finance its �stimulus� package supposedly to cushion the impact of the global economic crisis on the local economy. Lawyer Wendell Avisado, city administrator, said the 2.8 billion...

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...

Nearly a year since military operations were launched against two field commanders of the Moro Islamic Liberation Front (MILF), the commanders are still on the loose and the civilians are suffering the brunt of war: children, pregnant women, teachers, students, the civilian population in Maguindanao For more...

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...

By GMANews.TV MANILA, Philippines – Half a year after the Japan-Philippines Economic Partnership Agreement (Jpepa) was ratified, a program for sending nurses and caregivers to Japan will finally get under way. Read...

People’s Rating of Gloria Macapagal-Arroyo People’s Economic and Political Perception [January and April 2009 Nationwide Survey] People’s Rating of Gloria Macapagal-Arroyo [January and April 2009 Nationwide...

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 — The government has assured participants in the recently concluded First Vegetable Marketing Summit that it is serious in curbing the illegal entry of imported vegetables. Agriculture secretary Arthur Yap, in his message during the summit, said the government remains committed to protect...

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...

As administration allies push for amendments to economic provisions in the Constitution, research group IBON Foundation says that the resolution seeking to allow corporations to own land and land-based resources in the Philippines is based on an outmoded ideology which believes that liberalizing the economy...

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)...

DAVAO CITY – The information technology-business process outsourcing (IT-BPO) sector in Davao City estimates that BPO-related jobs grew by as much as 35 percent in 2008. With the current global economic crisis, companies in the United States are turning to business process outsourcing to cut costs and...