Phoenix expansion to continue this year
Sunday, May 19, 2013 - 09:32 p.m.LEADING independent oil company Phoenix Petroleum Philippines Inc. will continue to embark on massive expansion this year, eyeing more areas that are not served by big players in the industry.
Phoenix vice president for external affairs and business development lawyer Raymond Zorrilla said they are looking at 100 more stations to be established this year, in addition to 300 stations at the close of 2012.
Road project benefits corn, rubber farmers
Sunday, May 19, 2013 - 09:31 p.m."HAYAHAY" (very comfortable); It's an easy-ride," Jercies Patagoc said, describing the road condition he had traversed from their farm in Barangay Kikipot to the town center in Kibawe Bukidnon.
The 32-year-old corn farmer has been delighted by the completion of the farm-to-market road that connects their sitio to the town proper where they deliver most of their produce.
Employment program to benefit poor students
Sunday, May 19, 2013 - 09:31 p.m.DAVAO DEL NORTE -- Grantees of the Special Program for Students (Spes) in the province are happy the Provincial Government has finally deployed them to their respective assigned offices.
The province facilitated the employment contract of the first batch of Spes with 140 recipients after the lapse of the election ban, which froze the implementation of the program as the Commission on Elections (Comelec) prohibited the release, disbursement or expenditure of public funds, including the hiring of employees, from March 29 to May 13 this year.
Tabije: Trustworthiness
Sunday, May 19, 2013 - 09:31 p.m.FOR many years now, when talk among friends and business associates turn to analyzing the widespread business success of people of Chinese origin, one of the factors being mentioned for such is their trustworthiness.
It is said that they readily lend capital in terms of cash or credit line to their fellow Chinese because they are 100 percent sure that they can be trusted upon to repay their debts. Most often, these are not covered by any collateral or often the deals are closed verbally.
CEB opens direct flights to Phuket
Saturday, May 18, 2013 - 09:32 p.m.THE Philippines’ largest national flag carrier, Cebu Pacific (CEB) announced it will begin direct flights from Manila to Phuket, Thailand, starting August 16, 2013.
CEB is the first and only airline to provide direct air services from the Philippines to this popular island destination.
Industry cluster investment gab set here
Saturday, May 18, 2013 - 01:04 a.m.DEPARTMENT of Trade and Industry (DTI) in Davao Region will be hosting the 1st National Industry Cluster Investment Conference entitled "Investing in Priority Industry Cluster for SME's(Small-Medium Enterprises): A Conference" on June 25-26, this year at SMX Convention Center, SM Lanang Premier, Davao City.
Among industries that will be showcased in the event are the priority industry cluster on banana, coconut, seaweed, mangoes, wood, mining, tourism, and information communication technology (ICT).
DTI to hold discount caravan at SP lobby
Saturday, May 18, 2013 - 01:04 a.m.THE Department of Trade and Industry in Davao Region will be conducting its annual "Diskwento Caravan" on May 31 at the main lobby of City Hall Building in Davao City.
DTI regional chief of Consumer Welfare and Trade Regulation (CWTR) Division Robert Barlis said the caravan is intended to help consumers on their financial concerns regarding the increasing prices of basic school supplies before the start of the incoming school year.
Lowly fungus makes P200,000 for DavNor
Saturday, May 18, 2013 - 12:12 a.m.DAVAO del Norte's strong support for organic agriculture is paying off.
The Provincial Agriculturist Office (Pagro) noted an unprecedented increase in the demand for Compost Fungus Activator (CFA), (trichoderma harzianum), which is used to decompose rice straws to serve as organic fertilizer.
DA-Davao allots P3.5M for 'cash for work'
Friday, May 17, 2013 - 02:19 a.m.THE Department of Agriculture (DA) through the National Irrigation Administration has allotted P3.5 million for Pantawid Pamilyang Pilipino Program (4Ps) intended for the farmers and fishers who were affected by typhoon Pablo in December last year.
4Ps is a government program that aims to reduce poverty and social development strategy that provides cash grants to extremely poor households especially those affected by the recent calamities which destroy their crops.
Contractors told to renew license
Friday, May 17, 2013 - 02:18 a.m.THE Philippine Contractors Accreditation Board (Pcab) has called on contractors to renew their licenses soonest to avoid rush, delay and penalties.
Starting the first day of February, PCAB, an attached agency of the Department of Trade and Industry (DTI), has already been accepting renewal applications for the fiscal year 2013-2014. However, it has been observed that some who are into the construction business have not yet submitted their renewal application.
Vista Land net income jumps 29%
Friday, May 17, 2013 - 02:18 a.m.VISTA Land & Lifescapes, Inc., the country's largest homebuilder, announced that the company's net income for the first quarter of 2013 compared to the first quarter of 2012 rose by 29 percent to P1.342 billion from P1.036 billion.
Revenues were P4.86 billion for the first quarter of this year compared to the P4.02 billion realized during the comparable period last year.
PH exports rice from Mindanao
Wednesday, May 15, 2013 - 10:33 p.m.THREE metric tons of aromatic and organic black, brown and red rice is being exported to Hong Kong in a ceremonial send-off in Tefasco Wharf on Wednesday.
Led by Department of Agriculture (DA) Assistant Secretary Dante Delima, the ceremony was a historical milestone for the country since for a long time the country was a dependent importer of rice from Taiwan, Indonesia, Vietnam and other rice exporting countries.
Australian exhibit in Davao to feature 20 schools
Wednesday, May 15, 2013 - 10:32 p.m.A TOTAL of Australian colleges and Universities will be exhibited in Australian Education Exhibition on May 17 hosted by IDP Philippines for the first time to be hold in Davao City.
The schools will showcase their programs and campus facilities to anyone who is aspiring to experience an international education.
Native delicacies at Maro Polo
Wednesday, May 15, 2013 - 10:32 p.m.MARCO Polo will be showcasing the regional flavors of Filipino delicacies entitled "Flavors of the Philippines" starting Wednesday up to 31th of this month.
This is part of their monthly promotion activity in partnership with the Department of Tourism in Davao Region.
Terminal collection down in first quarter
Tuesday, May 14, 2013 - 11:52 p.m.THE Davao City Overland Transport Terminal (DCOTT) reported a decrease in revenue collection in the first quarter of 2013, but noted an increase at the beginning of second quarter.
DCOTT officer-in-charge Edgardo Colvo said they posted a revenue collection of P4.910 million from January to March this year, which showed a slight decrease from P4.934-million collection during the same period last year.
'Food Revo' to invade schools
Tuesday, May 14, 2013 - 11:52 p.m.ELEVEN beneficiaries of Mother for Peace Superfood Carts, initiated by Mindanao Commission on Women (MCW), have started selling healthy food products as part of their advocacy to eradicate junk food.
Davao City has been chosen as pilot area for the health program and economic enterprise for women in Mindanao as part of MCW's Mothers for Peace Social Enterprise Program.
Coop to export black, brown rice
Tuesday, May 14, 2013 - 11:51 p.m.THE Don Bosco Multi-Purpose Cooperative will be holding a ceremonial send-off for the export of black, red and brown rice to Hong Kong at Tefasco Wharf in Panacan, Davao City today, Wednesday.
The ceremony will be facilitated by the Department of Agriculture (DA) Secretary Processo Alcala.
Telco, bank to launch service for kasambahays
Tuesday, May 14, 2013 - 01:32 a.m.A NEW payment service will be launched to facilitate convenient e-payment of the mandatory monthly contributions to government agencies of kasambahays in the country.
This is in line with the implementation of Republic Act 10361, or the Kasambahay Law.
Maritime holds training for personnel, applicants
Tuesday, May 14, 2013 - 01:32 a.m.TWO days before the May 13 midterm elections, Magsaysay Maritime Corp. (MMC), a leading and awardee of Best Human Resource in the Philippines, conducted a summer education for families of its crew and applicants about do's and don'ts during the election and a job fair for Dabawenyos.
MCC president Marlon Rono said it is not only intended to educate the participants but also to bring the opportunities of being employed and to experience the services offered by the company to its people.
Industry leaders to ease Mindanao power crisis
Tuesday, May 14, 2013 - 01:31 a.m.HARNESSING diesel as an alternative energy source was among the solutions proposed at a meeting of national and Mindanao-based business leaders to ease the power shortage in the southern region.
Robert Mallillin made the proposal at a recent meeting of the technical working group (TWG) of the businessmen's energy and power committee on ways the private sector can help relieve the energy shortfall in the region.
Farmers urged to plant black rice
Sunday, May 12, 2013 - 11:21 p.m.KIDAPAWAN CITY -- The black rice, once considered "forbidden" and food served only for the emperors, now comes to ordinary homes in Central Mindanao.
In fact, at least 500 hectares of land in the region are planted to black rice, according to Romano Laurilla, general manager of the Don Bosco Multi-Purpose Cooperative (MPC).
Minda beefs up power monitoring on E-Day
Sunday, May 12, 2013 - 11:20 p.m.MINDANAO'S power supply on Election Day is being closely monitored as the Mindanao Development Authority (MinDA) sets up mechanism to help boost inter-agency coordination on addressing any unexpected power-related incidents during polling hours.
"A power monitoring center within MinDA has been set-up and will be activated on Monday to support efforts to ensure reliable power across Mindanao," says Romeo Montenegro, MinDA director for investment promotions and public affairs.
Security Bank posts P1.2B income in Q1
Sunday, May 12, 2013 - 11:18 p.m.SECURITY Bank reported a net income of P1.2 billion in the first quarter of 2013, an 11 percent increase from year-ago level. This translates to a return on equity of 13 percent.
Total assets grew by 20 percent year-on-year to P258.9 billion. Loans increased by 21 percent to P119.2 billion. In support of economic development, loans went to critical sectors such as power, utilities, infrastructure, wholesale and retail trade, food, agriculture and consumer goods. Deposits likewise grew by 22 percent to P141.8 billion, which matched the pace of loan growth.
Pinoy exec to judge at Int'l Science Fair
Sunday, May 12, 2013 - 12:06 a.m.A FILIPINO engineer turned executive and advocate for technology entrepreneurship is set to judge at the coming Intel International Science and Engineering Fair in Arizona, USA next week.
Earl Martin Valencia, president of IdeaSpace Foundation, Inc. (IdeaSpace) and head for corporate development and strategic innovation of Smart Communications, Inc. (Smart), will join other science and technology leaders as one of the grand award judges of the world's largest international pre-college science competition.
Dev't of value chain offers opportunities
Sunday, May 12, 2013 - 12:06 a.m.THE development of value chain offers an opportunity for developing countries and their small and medium enterprises (SMEs), said the head of the World Trade Organization (WTO).
"While many of them (SMEs) may not have the scale or productive capacity to export directly to a wide variety of finished products, they can certainly feed into the supply chains of larger companies domestically," said Director-General Pascal Lamy in a speech to the Joint Advisory Group of the International Trade Centre (ITC) in Geneva.
Production of export-quality tuna down
Thursday, May 9, 2013 - 09:48 p.m.GENERAL SANTOS CITY -- The volume of export-quality or sashimi-grade fresh mature yellowfin tuna landed in this city is getting fewer year-after-year.
Data from the Philippine Fisheries Development Authority (PFDA) showed that export-grade yellowfin tuna landing in the "Tuna Capital of the Philippines" in the first quarter of the year only reached 505 metric tons (MT).
Mindanao organic rice penetrates Mid-East market
Thursday, May 9, 2013 - 09:47 p.m.FIFTEEN metric tons (MT) of Mindanao-produced organic black rice were exported to Dubai in the United Arab Emirates last week, reaffirming Mindanao's position as the premier food source of the Philippines.
The shipment, facilitated by the Department of Agriculture (DA), is a trial export of organic black rice produced and processed by the Don Bosco Multi-purpose Cooperative, the pioneering organization in “bios dynamis” technology farming in Mindanao and the biggest supplier of organic rice in the country.
ONB's net income surges 31% in Q1
Thursday, May 9, 2013 - 09:46 p.m.HOMEGROWN One Network Bank's strong momentum in 2012 carried over into the first quarter of 2013 as the rural banking leader achieved a net operating income of P136 million.
The net income level is 31 percent higher than the P104 million level recorded in the same period last year. If annualized, this translates to a 30 percent return on average private equity and a 3 percent return on average assets.
Leading cacao exporter offers loan for DAR beneficiaries
Thursday, May 9, 2013 - 12:53 a.m.BECAUSE of the huge market of cacao abroad, Kennemer Foods International Incorporated (KFI), a leading exporter of cacao product will be extending financial assistance through loan for cacao farmers especially for the beneficiaries of the agrarian reform in Zamboanga, Saranggani and Sultan Kudarat hopefully by next year.
Working in partnership with Landbank of the Philippines Inc., the leading exporter will provide financial assistance to interested cacao farmers who will be given the chance to borrow up to P75,000 per hectare.
Farmers and Fisherfolks Month held
Thursday, May 9, 2013 - 12:53 a.m.THE Department of Agriculture (DA) staged the Farmers & Fisherfolks' Month Celebration which started Tuesday this week.
The month-long program aims to empower the fishermen and farmers and at the same time recognize their yearlong effort in providing food to every Filipino table.
