Economy

Industrial Park to rise in Davao Oriental

Industrial Park to rise in Davao Oriental

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Mar 20, 2018

A multi-billion dollar investment to establish a Big-Ticket Industrial Park in Banaybanay Davao Oriental is set to be implemented this year after a Memorandum of Agreement was signed Tuesday morning between the provincial government and Pionaire Finance Limited and its consortium partners Chinese companies MCC International Incorporation, Ltd; Shenzhen Energy Group; Dezhou Chemtics Chemical Co., Ltd; and US-based company WaterGen.

Band-aid solution to shortage, critics say of rice imports

Band-aid solution to shortage, critics say of rice imports

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Feb 14, 2018

MANILA, Philippines – Various rice-watch groups and a lawmaker have denounced President Rodrigo Duterte’s administration for allowing the importation of 250,000 metric tons (MT) of rice as the supply of government-subsidized rice dwindled in the past weeks.