DAVAO's economy is obviously on the rise. Based on latest figures released by Philippine Statistics Authority, Davao Region's economy expanded to 9.4 percent last year from 8.2 percent the previous year.
Davao's regional gross domestic product surpassed last year's gross national product growth pegged at 6.9 percent.
This alone gives entrepreneurs to take a look at business opportunities in Davao City. As local economic planners have assured, today is the right time to invest in the city with the huge potential of its growing market.
One area being considered is the so-called franchise investment opportunities that will take centerstage during a three-day expo at Abreeza Mall in Davao City that will kick off on Friday.
Franchising has been described as a very effective investment scheme especially for start-ups and has been adopted as a tool for nation-building and economic development through enterprise creation and job generation.
It is now being promoted as a business opportunity fostering inclusive growth and prosperity for Filipino people.
Organized by the Philippine Franchise Association (PFA), the expo is dubbed as "Franchising Negosyo Para sa Davao" and expected to provide participants with exciting opportunities and holistic view on franchising during a a business matching, expo and seminars.
For its second staging in the city, the three-day expo will promote different franchise business opportunities and to cultivate entrepreneurship in the region through franchising.
It will showcase successful and established franchise investment opportunities in the food, retail, and service with various investment levels under one roof. Exhibitors include 2GO Express, 7-Eleven, Bayad Center, Beanleaf Coffee & Tea, Bentesilog, Bibingkinitan, Calata Corp., Canadian Tourism & Hospitality Institute, Crystal Clear, CT Concepts, Cycle House, DS.DianaStalder, Famous Belgian Waffles, Francorp, Gamot Publiko, Kambal Pandesal, Living Water System, Inc., Mares, Magic Melt, Minute Burger, Mlhuillier, Mont Albo Massage Hut, Motech, Phoenix Petroleum, Quicklean, Seaoil Phils., Sitsirya Sari-sari, U-franchise Sales & Management, Xcess Salon, PLDT SME Nation, and BPI Ka-Negosyo.
The country's economic planners experts are expected to grace the expo and will provide insights and share their knowledge on franchising and how can it be very competent.
The business matching activity will provide opportunities for both the business owners, aspiring entrepreneurs/would-be franchisees to meet their potential partners.
Meanwhile, the educational seminars will feature two topics targeting existing business owners, aspiring entrepreneurs and franchise enthusiasts alike.
Everyone is invited to attend the expo and discover huge opportunities in franchising, meet face-to-face with franchise executives and 'Be Your Own Boss' by finding the right franchise for you.
Phoenix helps transport sector
Homegrown Phoenix Petroleum has entreated into new partnership with Uber, one of the fastest growing transport services in the Philippines that connect drivers and passengers.
With a common thrust of making every journey memorable and reliable, Phoenix offers the Uber Partner Discount to all active Uber drivers. This special treat entitles Uber drivers discounts of P2 per liter on Phoenix gasoline and P1 per liter on Phoenix diesel, plus a 20 percent discount on all Phoenix lubricant products.
Drivers enjoy the cost efficiency of Phoenix Premium 98, a high-performance gasoline fuel that improves acceleration, reduces engine friction, and rapidly cleans up deposits left by other gasoline.
Phoenix has also enhanced its line of lubricants. Phoenix Zoelo is premium quality heavy-duty diesel engine oil designed for the extreme protection of turbo-charged engines and commercial mixed fleet. It helps prolong engine life and reliability even under extreme temperatures and heavy load.
The promo is still ongoing until May 31, in participating Phoenix stations in Cebu City and Metro Manila.
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