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DAVAO CITY — Rizal Commercial Banking Corp. (RCBC) is looking at providing more loans to the agricultural sector as one of its main strategies in growing its portfolio in Mindanao, its top executive said.
COUNCILOR CONRADO C. Baluran, head of the Davao City council committee on transportation and communications, is filing a proposal that will require those who want to buy new vehicles to first show proof of having parking space.
DAVAO CITY -- The number of condominium units in the city, roughly at around 7,000 as of 2018, is seen to increase by 45% at the end of this year, according to consultancy firm Prime Philippines’ Research and Advisory 2019.
THE DAVAO Oriental provincial government is building about 50,000 housing units in Mati City within the next three years that will be bankrolled by Social Housing Finance Corp. (SHFC).
THE DAVAO city government is planning to issue policy guidelines for the online vacation home-rental industry and will use as possible models similar regulations issued in Singapore and Japan.
DAVAO ORIENTAL Gov. Nelson L. Dayanghirang is preparing to issue an executive order that will establish a body that will facilitate the rehabilitation and reopening of the Mati Airport as part of plans to boost tourism.
OFFICIALS OF Davao City, the hometown of President Rodrigo R. Duterte, have called for the lifting of the Mindanao-wide martial law declaration, citing its adverse impact on tourism as well as investments.
INDONESIA and the Philippines are enhancing their border security cooperation, particularly in areas off the province of Davao Oriental.
DAVAO CITY -- Leaders of the Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) want more active local government participation in identifying opportunities for investments and closer linkages within the sub-region.
THE DAVAO Oriental government has created a body that will run after illegal investment schemes preying on the province’s residents. Gov. Nelson L. Dayanghirang, in a statement, said the Provincial Task Force on Investment Schemes will conduct investigations and possibly file charges against those behind the scams.
THE CITIES of Davao and Tagum are positioning to become the top destinations for Muslim tourists and investors in the Davao Region as Malaysian and Indonesian businesses seek out opportunities.
A CHINESE plastic packaging company has signed a location agreement with an industrial zone operator in Panabo City, Davao del Norte, the industrial zone’s operator said.
DAVAO CITY -- The construction of the P12-billion bulk water project in the city is set to peak in late 2019 with the joint venture implementing it starting to look for more workers.
DAVAO CITY -- The fisheries bureau said a study has found no microplastics in green mussels from the Davao Gulf.
DAVAO CITY -- The city will focus on forming special economic zones during the two-day Davao Investment Conference here starting Thursday.
DAVAO CITY -- Chinese delegations from the cities of Jinjiang and Nanning have arrived in the city more than a week ahead of the Davao Investment Conference 2019 (Davao ICON 2019) slated on June 20 to 21 to look into possible areas of collaboration.
INDIVIDUALS in the Davao Region who have themselves in for drug rehabilitation will soon get help from the Yakap Bayan Framework Intervention whose P57.3-million financial assistance will help them start livelihood activities and capacity building, said Dahlia S. Padillo of the Department of Social Welfare and Development.
DAVAO CITY -- The market value of properties in prime commercial locations in the city, particularly at the Bajada-Lanang area near the airport, have gone up by as much as 25% over the last two years, but the number of potential buyers remain robust.
DAVAO CITY — The Center for Agriculture and Rural Development (CARD) Inc. is looking at including educational loans in its Shari’ah-inspired financing project that has gained traction in Mindanao.
THE TWO strong earthquakes that hit off Governor Generoso town last Friday and Saturday did not cause any damage, according to authorities.
DAVAO CITY — Insular Life Assurance Co., Ltd. (InLife) is looking at tripling its first-year premiums in Mindanao by the end of this year to P1 billion from about P333 million in 2018.
DAVAO CITY’S Legal Office noted flaws in the disqualification process of the indigenous people (IP) representative in the city council, and said the mayor’s office “is abstaining from participating and supporting in the second selection process.”
DAVAO CITY — Homegrown conglomerate New City Commercial Center (NCCC) has partnered with blockchain firm TraXion Tech Inc. to provide an online-based credit line to members of cooperatives and affiliate companies, which can be used to shop at NCCC supermarkets and its other retail stores.
LEONCIO B. Evasco, Jr., who lost his bid for the governor’s seat in Bohol by 2,161 votes based on 100% of election returns transmitted, is filing a petition for a failure of elections declaration in the province as he accused the winning candidate, incumbent Rep. Arthur C. Yap, of massive vote-buying.
DAVAO CITY — The hotly-contested province of Davao del Norte has been dominated by candidates under the Partido Demokratiko Pilipino–Lakas ng Bayan (PDP-Laban) headed by reelectionist 1st District Rep. Pantaleon D. Alvarez, defeating the Floirendo-Del Rosario clan under the Hugpong ng Pagbabago (HNP).
DAVAO CITY — CentralHub Industry Centers, Inc. (CentralHub), a subsidiary of DoubleDragon Properties Corp., and homegrown Alsons Development and Investment Corp. (Alsons Dev) are investing P800 million for the planned industrial warehouse complex in the city.
MINDANAO authorities called on the public to go out and vote as they assured that security forces are in place to maintain peace and order.
A COMPLAINT has been filed before the office of the Ombudsman-Mindanao against former House speaker Pantaleon D. Alvarez and his chief of staff, Edwin I. Jubahib, for alleged violation of Republic Act 7080 and Republic Act 3019, the law on plunder and the Anti-Graft and Corrupt Practices Act, respectively.
THE DAVAO City government is allocating P7.8 million to help 22 local government units (LGUs) heavily affected by the long dry spell.
CAGAYAN DE ORO City tycoon Lorenzo U. Limketkai passed away at age 72 and he will be laid to rest Monday, May 6, in his hometown.
DAVAO CITY -- A worker shortage slowed the growth of the construction industry in the Davao Region to 18.1% in 2018 from 37.9% the previous year, regional economic planners said, citing Philippine Statistics Authority data.
WEAVERS FROM Marawi City, which suffered devastation from the five-month armed clashes in 2017 arising from a siege by Islamic State-inspired local extremist groups, were among those who joined a forum in Iligan City last week intended to discuss the revival and sustaining affected businesses in the war-torn city.
THE DAVAO City administration is unlikely to recommend a state of calamity declaration with less than 20% of the population affected by the prevailing El Niño phenomenon based on the impact assessment submitted by 13 of its 182 barangays.
DAVAO CITY -- Packwell Inc., a Japanese company that manufactures paper-based packaging and containers, has signed an agreement to establish operations at the Floirendo-owned Anflo Industrial Estate (AIE) in Panabo City, Davao del Norte.
A 15-MEMBER trade mission will leave for Fujian, China on May 8 to promote the Davao Region as an investment destination and forge ties with Chinese business groups.
DAVAO CITY -- The Philippine Rural Development Project (PRDP) has approved P890 million worth of projects for several municipalities in Davao del Sur province as well as Davao City, with more than 90% of the funds allocated for farm-to-market roads and.