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Business

Coping with the crisis in 2009: Back to basics

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Mar 05, 2009

By IBON Media

The global economic situation is expected to continue deteriorating until 2010 and even beyond, and the Philippines is going to be severely affected by the worsening crisis. Yet it is still possible to mitigate the effects on the country, and more importantly, to emerge from this period of crisis with a genuinely strengthening and forward-moving economy.Read on.

Night Market at Davao Chinatown

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Mar 05, 2009
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At first I thought the white car (brand name: Cherry) displayed on the right side of Bangoy street at the Davao Chinatown night market was a prize for patrons. It turned out that it was up for sale.

A few steps away, women handed out flyers. It took a moment for me to notice that the large picture frame was not a painting but a picture of a clubhouse. The women were real estate brokers selling subdivision lots. Now I hadn’t seen that in any of the country�s night markets.Read on.

Mekong fish, a lucrative alternative to bangus and tilapia?

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Jan 22, 2009

Mekong catfish, popularly known in Davao as “pangasius,” is a fish that naturally grows from the Mekong river delta. Thinking of the local “hito,” Mindanao fish growers easily relates to it. (davaotoday.com photo)

A strange fish circled its way around the narrow confines of an aquarium that attracted crowds around the Vitarich booth in a recent Mindanao investment forum here. It had the head of a catfish, which reminds Mindanao growers of the local �hito,� but with the flat body of most saltwater fish. According to the posters that Vitarich posted on the wall, this catfish can grow as big as a shark.