Wednesday Aug, 05 2020 12:46:38 AM

Economic News

Despite security issues, ARMM registers P3.2-B investments in 2017

COTABATO CITY -- The Regional Board of Investments of the Autonomous Region in Muslim
Mindanao (RBOI-ARMM) approved P3.2 billion worth of investments in 2017, or
53 percent higher as compared to last year’s P2.11 billion.

The
region’s top investor in 2017 is TierOne Communications International, Inc.
(Tier1), which invested on a telecommunications project worth PhP3 billion. It
will provide cellular services, broadband connectivity, wireless internet, and
public WiFi.

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ARMM approves, welcomes Php40-M investments

COTABATO CITY -- The Regional Board
of Investments, Autonomous Region in Muslim Mindanao (RBOI-ARMM) today approved
the registration of a Php40 million Water Filtration Plant operated and managed
by Mactan Rock TGV Builders Corporation
at Barangay Makaguiling, Sultan Kudarat, Maguindanao.

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ARMM holds summit for micro, small and medium enterprises

COTABATO CITY – The Department of Trade and Industry of the Autonomous Region in Muslim Mindanao (DTI-ARMM) and the Micro, Small and Medium Enterprise Development Council (MSMEDC) held on Tuesday, December 12, its first ARMM MSME Summit.The event was intended to help advance the promotion and development of micro, small and medium enterprises in the region by empowering local entrepreneurs and providing them with information on the latest trends in the local and global markets.The DTI-ARMM also aims at assisting MSMEs in overcoming issues and challenges they face in the region through the s

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Region 12 entrepreneurs earn millions from GenSan business fair

GENERAL SANTOS CITY --- The extensive trade fair here last week by entrepreneurs engaged in indigenous crafts generated P22 million worth sales and transaction deals.Ibrahim Guiamadel, DTI-12 regional director, said Wednesday that the 69 booths that displayed indigenous products, preserved food and fruit juices, brassware, wearable goods and home decors during the event earned P1.8 million cash sales.The November 13 to 19 trade show, dubbed 4thTreasures of Region 12, was organized by the regional office of DTI in Koronadal City.It involved 89 micro-small-medium enterprises (MSMEs) based i

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ARMM bullish on investments to rebuild Marawi

COTABATO CITY - Now is the time to start the rehabilitation process. Though, we are deeply saddened by what happened to Marawi City which is currently in serious ruins however, we have to move forward and turn this crisis into opportunities.

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Region 12 entrepreneurs display merchandise at GenSan fair

GENERAL SANTOS CITY --- Indigenous products from across central Mindanao are on display in a trade fair here meant to connect producers to potential buyers in Metro Manila and abroad.The week-long 4thTreasures of Region 12, launched on Monday, is an annual activity of the Department of Trade and Industry.It is intended to enhance the global competitiveness of sectors engaged in micro-small-medium enterprises, or MSME-clients.The trade fair at the SM City Mall here is part of an effort of DTI’s office in Region 12 to ensure the connectivity of local entrepreneurs to traders in domestic and

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ARMM joins Hong Kong (HK) Belt and Road Summit in time for the ASEAN-HK free trade agreement

COTABATO CITY - The Autonomous Region in Muslim Mindanao (ARMM) regional cabinet economic cluster joined the Belt and Road Summit, the second such Summit sponsored by the Hong Kong government today, September 11, 2017. The theme of the event is From Vision to Action and is held at the Hong Kong Convention and Exhibition Centre.

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Australian firms to invest in ARMM

COTABATO CITY The Autonomous Region in Muslim Mindanao (ARMM) has attracted interest from Australian investors wanting to invest in the region. The good prospect for Australian business investments in ARMM came after its Regional Board of Investments (RBOI) joined in the recent Philippine Investment Mission and Roadshow to Australia led by the Board of Investments (BOI) – Manila under its Philippine Investment Promotion Plan (PIPP). The PIPP serves as the BOI’s investment programming platform composed of all investment promotion agencies.

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P129-M Polloc Port investment to boost Mindanao Economic Corridor

COTABATO CITY -- The recent registration by the Regional Board of Investments (RBOI) of the investment of Bangsamoro Terminal Services, Inc. (BTSI) amounting to P129 million, a company based in Polloc Freeport in Parang, Maguindanao is seen to boost the Mindanao Economic Corridors strategy for Mindanao economic development.

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Despite Marawi crisis, investments keep coming to ARMM

COTABATO CITY --A P129 million port related services project was recently approved for registration by the Regional Board of Investments, Autonomous Region in Muslim Mindanao (RBOI-ARMM). The Bangsamoro Terminal Services Inc.

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