Economy

DAVAO CITY – The Philippines largest private employer, Concentrix launched its 3 newest sites nationwide on Thursday (August 18)- Giga Tower in Bridgetowne, Quezon City, One Montage in Cebu Business Park, and Davao Finance Center in Davao Park District.

DAVAO CITY - The Department of Trade and Industry (DTI) in the Davao Region has already exceeded the 50 percent mark of its annual target indicators for the first half of 2022.

The Philippine Deposit Insurance Corporation (PDIC) announced that it started paying deposit insurance through Postal Money Orders (PMOs) on August 10, 2022 to all depositors eligible for outright payment who maintained deposits with the closed Rural Bank...

Some 150 micro, small and medium enterprises (MSMEs) from all over Mindanao and Visayas showcased their goods and wares in the Mindanao Trade Exposition (MTE) at the Activity Center of the Abreeza Mall.

DAVAO CITY – Three registered companies poured a total of P468,104,721 worth of investments for Cavendish and Cardava banana plantation in a former combat area at Bugasan Sur in Matanog, Maguindanao.

DAVAO CITY- PLDT Chairman Manny V. Pangilinan assured the telecommunication company will do its best to widen internet connectivity in the country in response to the call of President Ferdinand Marcos, Jr. for universal connectivity during his first Stat...

The Philippine Growth Domestic Product (GDP) is expected to hit 8.8 percent higher year-over-year (y/y) in the June quarter.

DAVAO CITY – The Bureau of Customs (BOC)-Port of Davao is now helping the city government promote investment opportunities in Davao Region.

The increase of the June and July electric bills of the Davao Light and Power Company (DLPC) was due to the price of fuel in the world market that pushes the generation rate up.

DAVAO CITY- Up to 8,000 stakeholders from Information Communication Technology (ICT) industry across the country are expected to participate in the two-day Innovation Summit 2022 here in the city on November 10 to 11.

DAVAO CITY –The Bureau of Customs - Port of Davao (BOC-Davao) has exceeded its July 2022 revenue collection target making it as highest revenue surplus for the year.

DAVAO CITY - The Department of Trade and Industry (DTI) 11 signed a memorandum of agreement (MOA) with one of University of the Philippines (UP) Mindanao’s incubation program beneficiaries to keep on improving its transaction processes.

The Securities and Exchange Commission (SEC) has cancelled the lending license and corporate registration of Flying Bear Lending Corp., operating as Yopeso, Morepeso and Rapidpeso, over its failure to disclose its online lending platforms (OLPs) to the Co...

DAVAO CITY – The provincial office of the Department of Trade and Industry - Davao de Oro (DTI-Davao de Oro) has completed its distribution of livelihood kits to the 300 targeted beneficiaries across Davao de Oro.

DAVAO CITY— The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is now strengthening its ties with the government of Sabah, Malaysia.

DAVAO CITY— The Government of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) along with Japan International Cooperation Agency (JICA-Philippines) are now planning to develop urban infrastructure in Cotabato City.