Economic News

COTABATO CITY --- Two mayors and a governor in Central Mindanao are to send delegates to an international trade engagement in Nanning City in Guangxi, China in September this year.The regional office of the Department of Trade and Industry in Koronadal City on Friday confirmed this via an official communiqué.North Cotabato Gov.

COTABATO CITY -- The Autonomous Region in Muslim Mindanao and the SMC Global Power Corporation on Wednesday agreed to cooperate in joint energy projects needed to improve the ARMM’s fledgling economy.ARMM Gov. Mujiv Hataman and the firm’s chief executive officer, Ramon Ang, signed an agreement detailing bilateral cooperation in addressing the power needs in all of the region’s five provinces and two component cities.Engineer Don Loong, ARMM’s public works secretary, said Hataman and Ang forged the agreement Wednesday in Metro Manila.

COTABATO CITY– The Autonomous Region in Muslim Mindanao (ARMM) is pushing for sustainable agribusiness development through an environment-friendly land use planning approach.On May 25, the ARMM, together with the International Finance Corp.

COTABATO CITY -- The Department of Trade and the city government launched here Wednesday a Negosyo Center” as a service conduit for local entrepreneurs and merchants.The activation of the center is in compliance with the Go Negosyo Act authored by Senator Paolo Benigno Bam” Aquino.The center, located along Sinsuat Avenue here, was opened to the public during a simple inaugural rite led by officials of the DTI office in Region 12 and local officials led by physician Danda Juanday, the appointed city administrator.The event was also attended by DTI personnel from Koronadal City and the neig

TACURONG CITY - The City of Tacurong will receive a total of Php75,907,092.75
budget allocation for the implementation of development projects under the
Bottom-up Budgeting (BuB) and KALSADA Program
in 2017, says the the Department of Budget and Management (DBM).

COTABATO CITY --The Regional Board of Investments (RBOI), of the Autonomous Region in Muslim Mindanao (ARMM) recently conducted the 3rdleg of its region wide 2016 ARMM Investments Priorities Plan (IPP) Consultation and Roadshow. This time, RBOI chose the Municipality of Upi which is 38 kilometers away from Cotabato City as venue for the said activity. IPP discussions focused on the investment opportunities in Upi which is an agriculture rich area with tri-people culture (Teduray, Moro and Settlers).

COTABATO CITY --- Residents of Tawi-Tawi are now suffering from the effects of Malaysia’s shutdown of shipping routes linking their island towns to Sabah to prevent intrusion by kidnappers from the dreaded Sulu-based Abu Sayyaf group.The Abu Sayyaf, whose revolutionary banner now is the black flag of the Islamic State of Iraq and Syria, traditionally keep captives in Sulu, known throughout the world as hotbed of Islamic militancy and where Filipino and foreign kidnap victims are beheaded if ransom demands are not met.Officials of the Autonomous Region in Muslim Mindanao on Thursday said tra

KORONADAL CITY -- Trade and tourism officials in Region 12 are confident they can achieve their investment generation targets in a joint fair from April 11 to 14 in Makati City.The four-day investment mission at the Glorietta Mall is a joint initiative of the offices of the Department of Trade and Industry (DTI) and the Department of Tourism (DOT) in Region 12.The event, dubbed Treasures of S.O.X Travel and Trade Expo, shall be capped off with what organizers describe as investment mission cum investment matching,” meant to entice investors in Metro Manila to venture in Region 12 in Southe

KORONADAL CITY -- The Department of Trade and Industry will try to connect 22 micro-small medium enterprises (MSMEs) in Region 12 with potential partners in Metro Manila from April 11 to 14. The business matching” initiative is one of the highlights of the four-day Treasures of S.O.X Travel and Trade Expo” at the Glorietta Mall in Makati City, an activity involving the regional offices here of DTI and the Department of Tourism. The geographical tag S.O.X. means all component areas of Region 12, the cities of Cotabato, Gen.

PARANG, Maguindanao --- Revenues generated in 2015 by the Maguindanao Polloc Port increased to P91 million, more than 60 percent markup from its measly P19.2 million income in 2014. The port, almost dormant for years due to security constraints and poor management by past officials of the Autonomous Region in Muslim Mindanao (ARMM), is located in Parang town in the first district of Maguindanao.Hexsan Mabang, director of the Regional Economic Zone Authority (REZA), on Monday told The STAR they attribute the feat to the improving security situation around the Polloc Port.