Inflation to settle within target
FOLLOWING the drop in inflation rate to 3.9 percent in January 2012, the National Economic and Development Authority (Neda) said the rate is seen to settle within the Philippine Development Plan 2011-2016 target of three to five percent for 2012, using the 2000-based Consumer Price Index (CPI)...
City collects P220,000 in fine from waste segregation law
THE City Government of Davao has collected some P220,000 in administrative penalties since the City Environment and Natural Resources Office (Cenro) started implementing the "No segregation, No collection" policy in July last year.
Modern rice processing plant to boost production, income
CONSTRUCTION of the P160-million modern rice processing complex in Matanao, Davao del Sur is now ongoing and is expected to improve the quality and quantity of rice production in the area.
The facility is a joint project of the Korean International Cooperation Agency (Koica), which gave a...
GSIS grants 2-phase loan respite to ‘Sendong’ victims
THE Government Service Insurance System (GSIS) announced that in addition to the grant of an emergency loan for members affected by Tropical Storm Sendong, the GSIS Board extended a moratorium on the payment of their outstanding loans as well.
"The moratorium will enable Sendong-hit...
Rice being fortified for healthier Pinoys
PLANT breeders at the Philippine Rice Research Institute (PhilRice), the country's lead in rice research and development, are developing micronutrient-rich varieties to help lessen hidden hunger, the country's leading nutritional problem.
During the recent National Biotechnology Week, Dr...
Public hearing on proposed BMBE law amendments set
CLOSE to 150 participants from the House of Representatives, local government units (LGUs), National Government agencies (NGAs), academe, local business sector, and micro, small and medium enterprises (MSMEs) throughout the region will gather at the Grand Men Seng Hotel on February 10, to tackle...
Advertising agency opens in Davao, boosts tourism
THE Ad Foward Online Group of Companies (Ad-FOR), an online advertising agency, sees Davao City as a potential area to start a new advertising venture.
Security Bank loan portfolio up by 24 percent
SECURITY Bank Corp. further improved its loan portfolio in 2011, registering an increase of 24 percent to P92 billion, as compared to previous year's figures.
ICT Working Group identifies strategic projects for BIMP-EAGA
THE Information and Communications Technology (ICT) Working Group for the Brunei Darussalam-Indonesia-Malaysia-Philippines–East ASEAN Growth Area (BIMP-EAGA) identified three major projects to be included in the BIMP-EAGA Implementation Blueprint (IB) for 2012-2016.
Pag-ibig assures availability of funds during catastrophes
THE Pag-ibig Fund gave assurance it is ready to extend calamity funds to members in Davao City during times of calamity.
Elizabeth Tinagan, department manager of Pag-ibig Davao, said they can always release funds once disaster hits an area like Davao since this is a regular program.
...GSIS grants loan moratorium to ‘Sendong’ victims
THE Government Service Insurance System (GSIS) announced that in addition to the grant of an emergency loan for members affected by Tropical Storm Sendong, the GSIS board extended a moratorium on the payment of its outstanding loans as well.
Bank’s income up by 38% in 2011
DAVAO City-based One Network Bank (ONB), the most modern and widest private banking network in Mindanao with 82 branches, posted a record net income of P428 million in 2011, registering a 38 percent increase as compared to the previous year.
Economic growth prompts Microsoft to expand
MICROSOFT Philippines launched on Wednesday its Geo Expansion Program (GEP) in Davao City that will give businesses not only in the metropolis but in the entire Davao Region the opportunity to utilize the best Microsoft innovations today.
PhilHealth seeks changes in medical health care program
THE Philippine Health Insurance Corporation (Philhealth) is seeking changes in its medical health care program to improve services in the next few years.
Dr. Eduardo P. Banzon, PhilHealth president and CEO, said on Saturday that they are focusing on intensifying Universal Health Care in...
POEA announces exam for work in Korea
INTERESTED applicants for employment in Korea are required to take the Test of Proficiency in Korean, according to the Philippine Overseas Employment Administration (POEA) Advisory number 3, series of 2012 signed by POEA officer-in-charge Viveca Codamon-Catalig.
Canada's growing import market offers opportunities
MANILA -- Filipino exporters can further take advantage of trade opportunities offered by the Canadian market, the world's second largest country with more than 34 million population.
A market update released by the Trade Facilitation Office (TFO) Canada indicated that the Philippines...
Microsoft Philippines launches expansion program
MICROSOFT Philippines launched Wednesday its Geo Expansion Program (GEP) in Davao City that will give businesses not only in the metropolis but in the entire Davao Region the opportunity to utilize the best Microsoft technology innovations.
Bat sanctuary to hold first night viewing
THE Monfort Bat Sanctuary is set to hold the first ever night viewing of migratory bats in Barangay Tambo, Babak District, Island Garden City of Samal.
Canned goods price hike looms
AN INCREASE in the prices of canned goods looms in Davao City following the hike in the prices of the basic commodity in Manila last week, the Department of Trade and Industry (DTI) Davao City field office said.
DTI city director Teolulo T. Pasawa, speaking at the weekly Club 888 Forum at...
Agriculture department to replicate MRDP in Luzon
THE Department of Agriculture (DA) is now planning to replicate the Mindanao Rural Development Program (MRDP) in Central Luzon after receiving favorable feedback from the local government units (LGUs) covered in the program, as well as a favorable assessment from the World Bank.
...
Forum held to boost sports tourism
KEY players from the tourism industry and sports community attended the Sports Tourism Forum (STF) at the Waterfront Insular Hotel Davao Tuesday to boost sports tourism in the Davao Region and make it one of the Philippines' tourism destinations.
CEB offers domestic flights at P88
THE Philippines' largest national flag carrier, Cebu Pacific (PSE:CEB), continues to offer the lowest fares to Siem Reap, all domestic and select international destinations in a seat sale from January 31 to February 2, 2012 or until seats last.
Owwa gives away P2.6-M in loan assistance to borrowers
THE Overseas Workers Welfare Administration (OWWA) in Davao Region has granted a total of P2.6 million to qualified borrowers under its loan program last year.
The loan program, launched in partnership with the Land Bank of the Philippines (LBP), started in June last year and has since...
Diversified banana raking in millions
EXPORTING bananas is a lucrative business by itself. Yet, the AMS Employees Fresh Fruits Producers Cooperative or AMSEFFPCO does not just settle for this one venture.
WB team to evaluate Mindanao rural development program
THE World Bank (WB) team is set to review its rural development program implemented in partnership with the Department of Agriculture (DA).
The team will assess the progress of DA’s Mindanao Rural Development Program (MRDP) four years after implementing poverty alleviation initiatives...
