Blog Archives

City eyeing OFB as depository bank

A city councilor has proposed to include the Overseas Filipino Bank (OFB) as a depository bank of the city government aside from the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP).

Posted in Business

Farmers must have access to market, says top official

The regional office of the Department of Agriculture has pushed for providing rice farmers with access to the markets to increase their income.

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Federal States must have eco zones: exec

The life plan to establish federal states in the country will augur well for Mindanao if the government sets up economic zones in these states, a government bureaucrat said.

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Pag-ibig reports 20% income hike for first semester

The Home Development Mutual Fund, more popularly known as Pag-ibig Fund, reported that its core income for the first semester of the year was about 20% higher on year-on-year basis and the value, P16.09 billion, was 102% higher than target.

Posted in Business

Tram eyed in the city

Philtram Transportation Consortium, Inc. has asked the city council to support its plan of putting a tram in the city to solve its traffic problem.

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President, Tugade to speak at Minbizcon

President Rodrigo R. Duterte and Transportation Secretary Arthur Tugade are expected to grace the upcoming Mindanao Business Conference (Minbizcon) in Tagum City on September 13 to 15, said Arturo Milan, president of the Davao City Chamber of Commerce and Industry.

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Employers asked: Provide protective gear for workers

The Department of Labor and Employment (DOLE) reminded contractors and employers of unskilled workers it was their responsibility to provide personal protective equipment (PPE).

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PAL to add flights

Flag carrier Philippine Airlines announced over the weekend that it is adding more flights that will use the Davao International Airport.

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SMDC finalizing project in the city

The SM Development Corp. (SMDC), the real property arm of the Henry Sy group, is looking at launching its first condominium project in the city within the year, a top official said over the weekend.

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Food terminal to open in October, says group

The Davao Food Terminal Complex (DFTC) is expected to be opened on October 3, a representative of the Vegetable Industry Council of Southern Mindanao (VicsMin) said Wednesday.

Posted in Business