Wednesday Aug, 05 2020 12:25:55 AM

Economic News

Strong agriculture sector at the root of ARMM’s growing economy

COTABATO CITY -- Whilethe growth rate of the Philippines’ gross domestic product slowed at the national level, the Autonomous Region in Muslim Mindanao (ARMM) has shown an accelerated growth rate pegged at 7.3 percent in 2017, a significant leap from the 0.4 percent gross regional domestic product (GRDP) growth rate it registered in 2016.


Mayor Guiani-Sayadiand Aviation school proof of economic growth

COTABATO CITY-- The mayor here regarded the entry of an aviation school as an indication of the city’s growth.Mayor Frances Cynthia Guiani-Sayadi met on Tuesday with executives of Aviation Technical School of Cotabato (ATSC) and regarded such development as proof of local economic growth.The ATSC is the first and only aviation school in Central Mindanao that includes this city, the provinces of Maguindanao, North Cotabato, Sultan Kudarat and in the Autonomous Region in Muslim Mindanao (ARMM).Guiani-Sayadi was very upbeat upon learning about the progress of aviation school, which has produce


ARMM conducts Investment Promotion Forum for the Bangsamoro

COTABATO CITY -- The Regional Board of Investments of the Autonomous Region in Muslim Mindanao (RBOI-ARMM) conducted an Investment Promotion Forum for the Bangsamoro on Wednesday in this city.Representatives from the different ARMM line agencies as well as representatives from business establishments in the region gathered to tackle the different ways on how to promote investments in Bangsamoro areas.Atty. Ishak V.


RBOI-ARMM approves P290-M Agri project

COTABATO CITY -- The Regional Board of Investments, Autonomous Region in Muslim Mindanao (RBOI-ARMM) approved the registration of a Php290 million cavendish banana plantation project owned and managed by EKASALAM AgriVenturesCorporation located in Kauran, Ampatuan, Maguindanao.RBOI chair and managing head, lawyer Ishak Mastura, said that for the first time in the history of RBOI, the project registered is initiated by one hundred percent Filipino investors residing in the locality who managedto link with the international banana market particularly Bahrainand other middle east countries.Ac


Security sector supports colossal Maguindanao business outsourcing project

MAGUINDANAO --- Sectors addressing misguided Islamic militancy see brighter days ahead with the planned employment soon of clerics fluent in Arabic by an emerging call center in Maguindanao.Maguindanao province, a component area of the Autonomous Region in Muslim Mindanao, has 36 towns where there are Islamic schools propagating Muslim-Christian solidarity, but now misconstrued as espousing militancy and instigating animosity towards the government.A Maguindanaon Army official, Col.


Country’s first ever BPO to cater Arab nations rising in Maguindanao

Maguindanao – One year from now, Maguidnanao will have its own call
center that will cater to Arab nations, Maguindanao Gov. Esmael Toto
Mangudadatu today said.

This after he
inaugurated the P200 million worth of mixed used building that will rise here and will house the business processing and outsourcing center for Maguidanao, a
first in the Autonomous Region in Muslim Mindanao (ARMM).


Baste Duterteand Mindanaons must patronize Mindanao products

BULUAN, Maguindanao – Mindanaons should
patronize Mindanao products.

This was the message of Presidential son Baste
Duterte when he spoke during the 2nd Inaul Festival cooking show
here Monday.

He said Maguindanaon’s should patronize Mindanao’s
century’s old weaving practice that produces intricate designs of weaved
fabrics called Inaul.

Baste said like him and many constituents of
Maguindanao and its leaders, everybody should start to recognize their own


Hatchery seen to boost chicken production in Maguindanao

MAGUINDANAO -- With a new hatchery that can produce at least 60,000 chicks weekly, local farmers will have free chickens to raise for profit while their families weave inaul fabric for extra income.Agriculture Secretary Emmanuel Piñol said Sunday the hatchery in Buluan town that he and Gov.


Chinese technocrats support Cotabato City's economic efforts

COTABATO CITY --- Efforts to improve the city’s economy got a boost with pledges of complementing infrastructure interventions from Chinese capitalists.Halima Satol-Ibrahim, city information officer, said Monday visiting technocrats led by Yibin Liu also assured Mayor Cynthia Guiani-Sayadi of their readiness to put up a technical skills learning center here with adequate facilities.The group of Liu, senior representative of the China Engineering Construction Company in Shenzen City in Guangdong province, confirmed here on Sunday their plan to put up a modern airport and seaport in Cotabato


Marawi reconstruction to boost ARMM investment

COTABATO CITY --The Autonomous Region in Muslim Mindanao (ARMM), which is the poorest region in the country, is set to get a big boost in investments, if the plans of the administration of President Rodrigo Roa Duterte for the rehabilitation and reconstruction of Marawi proceeds apace and bears fruit as it is envisioned.Housing Secretary Eduardo del Rosario, Task Force Bangon Marawi chair, announced earlier that the government has received six (6) proposed master plans for the rehabilitation and reconstruction of Marawi City, with investment costs ranging from P38 billion to P86 billion.Who



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