Author: DAVAO TODAY

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OFWs in New Zealand urged to invest in Philippines

AUCKLAND, New Zealand (via PLDT) — President Gloria Macapagal-Arroyo urged today overseas Filipino workers (OFWs) here to become overseas Filipino investors (OFIs) by investing in their home country to
further spur commerce and development.

The President made the pitch in her meeting with members of the Filipino community this afternoon at the official residence of Ambassador to New Zealand Bienvenido Tejano at 5 Bristol Place in Karori, Wellington.
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Philippines’s Arroyo makes strong pitch for interfaith dialogue

WELLINGTON, New Zealand (Via PLDT) ? President Gloria Macapagal-Arroyo on Monday made a strong pitch for the promotion of interfaith dialogue to bring about lasting peace, political stability and economic growth in Asia.

In a statement, the President asserted that far from being an abstract theory, interfaith dialogue is a “major contributor to peace and stability in the historically-troubled South Mindanao region.”
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DBP earmarks 2-billion pesos for Southern Mindanao

DAVAO CITY, Philippines — The Development Bank of the Philippines (DBP) is aiming to do more in Southern Mindanao where it earmarked close to P2 billion for investors this year in the area.

DBP president and chief executive officer Reynaldo G. David who met with the Davao Region businessmen including those from other parts of Mindanao during an investor?s presentation in coordination with the Davao City Chamber of Commerce and Industry, Inc. (DCCCI) said they want to be part on more development projects that would guarantee more jobs.
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