Economy

Read more about the article Davao to Kuala Lumpur flights to start on Dec. 21
NEW FLIGHTS. AirAsia launches its Kuala Lumpur to Davao direct route on Friday, July 21. The launch was announced by AirAsia's Chief Executive Officer Tony Fernandez during the Davao Investment Conference at the SMX Convention Center in Lanang, Davao City. (Paulo C. Rizal/davaotoday.com)

Davao to Kuala Lumpur flights to start on Dec. 21

The public may now travel directly to Kuala Lumpur, Malaysia from Davao City starting on December 21 of this year via AirAsia, as announced by its Chief Executive Officer Tony Fernandes on Friday, July 21.

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Read more about the article UCPB shifts to EMV chip-based cards; to deactivate old, magnetic-striped cards by August 1

UCPB shifts to EMV chip-based cards; to deactivate old, magnetic-striped cards by August 1

The United Coconut Planters Bank, one of the largest banks in the Philippines, announced that it will be using the Europay, Mastercard, VISA debit card which is the global standard for payment card security.

Continue ReadingUCPB shifts to EMV chip-based cards; to deactivate old, magnetic-striped cards by August 1
Read more about the article ‘Davao City is a world of infinite investments’ –Sara Duterte
REACH?ING? OUT. Davao City Mayor Sara Duterte says the city is trying to reach out to investors and tourists, telling them Davao City is safe despite martial law. In her speech during the 4th Davao Investment Conference (ICON) on Friday, July 21, Duterte said this year’s ICON is the best chance to show people that Davao City is "conducive to investments." Mayor Sara admitted in a latter press conference that the investment in the tourism industry have been affected by the implementation of Martial law in the whole island of Mindanao.(Robby Joy D. Salveron/davaotoday.com)

‘Davao City is a world of infinite investments’ –Sara Duterte

“Davao is not just the gateway to infinite investments – it is a world of infinite investments.”

Continue Reading‘Davao City is a world of infinite investments’ –Sara Duterte
Read more about the article Martial law hiked shipments to North Mindanao, says Customs
The Bureau of Customs-10 (BOC-10) has vowed to intensify its anti-smuggling operations as it is working hard to achieve its P11 billion target for 2017. File photos show BOC-10 officials, led by BOC-10 CIIS chief Alvin Enciso (left, wearing checkered blue shirt) seize boxes of illegal cigarettes imported from Chine estimated stored in a warehouse in Cagayan de Oro City. (Jigger J. Jerusalem/davaotoday.com)

Martial law hiked shipments to North Mindanao, says Customs

In fact, the enforcement of the military rule in the entire island of Mindanao has even encouraged importers to ship their goods here, said Alvin Enciso, chief of BOC-10’s Customs Intelligence and Investigation Service (CIIS).

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Read more about the article More investors sign up for 2017 Davao ICON despite martial law
HIGHEST NUMBER OF ATTENDEES. Davao Investment Conference (ICON) Program Head, John Tria says there are already about 300 local and foreign investors who confirmed to attend the two-day Davao ICON to be held on July 21-22 at the SMX Convention Center, Lanang, Davao City. Tria told reporters during the I-Speak press conference on Thursday, July 20, the said number of attendees is the highest among the previous conferences. The 4th Davao ICON is set to focus on the four key industries namely agri-business, tourism and recreation, manufacturing, and infrastructure and connectivity.(Robby Joy D. Salveron/davaotoday.com)

More investors sign up for 2017 Davao ICON despite martial law

About 300 local and foreign investors have confirmed attendance in tomorrow’s Davao Investment Conference (ICON), the highest number of participants among the previous conferences, an official said.

Continue ReadingMore investors sign up for 2017 Davao ICON despite martial law