Sunday Sep, 19 2021 11:02:35 AM

Economic News

Marang ice cream invented in ARMM

COTABATO CITY (Aug.15) --- The agriculture department of the Autonomous Region in Muslim Mindanao now boasts of a marang ice cream which economists said can boost prices of a seasonal fruit so cheap due to excessive harvest surplus.The marang fruit (artocarpus odoratissimus) is so abundant in all of the ARMM’s scattered Maguindanao, Lanao del Sur, Basilan, Sulu and Tawi-Tawi provinces.Makmod Mending, Jr., regional secretary of the Department of Agriculture and Fisheries in the autonomous region, on Friday launched the ARMM’s ever marang ice cream, invented by Nilda Longno.Food technicians a


RBOI-ARMM receives award from BSP

COTABATO CITY -Lawyer Ishak V. Mastura, (c) chairman/managing head of
the Regional Board of Investments in the Autonomous Region in Muslim Mindanao(RBOI-ARMM) pose for a souvenir photo with
the officials of the Bangko Sentral ng Pilipinas (BSP), Juan D. De Zuñiga, Jr. (r)Monetary Board Member and Atty. Thelma C. Pantig, (left) Director of BSP Davao
after accepting the award for Outstanding
Partner for the Report on Regional Economic Development . Mastura saidRBOI-ARMM is
the first agency from ARMM to receive such award in the BSP’s 12 years history of


Tacurong honors Top 3 outstanding business taxpayers

TACURONG CITY -- For religiously paying business taxes that help the city grow to what it is now, the Tacurong City government has recognized its top three business establishments as Outstanding Business Taxpayers. The awarding ceremonies were held during the today's celebration of Tacurong Day. According to Mayor Lina Montilla of Tacurong City said these business establishments have been religiously paid business tax and other taxes to the city government from 2012 to 2014.


ARMM’s investment board receives award from Bangko Sentral

COTABATO CITY -The Autonomous Region in Muslim Mindanao’s (ARMM) investment board will receive an award from the Bangko Sentral ng Pilipinas (BSP) in recognition of the important role of business investment in the Mindanao peace process.The ARMM’s Regional Board of Investments (RBOI) will receive the BSP’s Award for Outstanding Partner for Regional Economic DevelopmentonAugust 11for its contribution to the success of the peace process by actively promoting and facilitating private sector investments in the region.RBOI is the first agency from ARMM to receive such award.


Cotabato Light to implement rotational brownout

COTABATO CITY - Like any other areas in Mindanao, the Cotabato Light and Power Company (Cotabato Light) is receiving limited supply from the National Grid Corporation of the Philippines (NGCP).Water level of the Agus and Pulangin hydropower plans have been at critical situation, reducing production while the STEAG power firm in Misamis Oriental is scheduled for preventive maintenance.STEAG unit 1 has been undergoing preventive maintenance operations from July 18 to August 16.The Mt.


ARMM Investors not waiting for BBL as investments continue upward trend

Regional Board of Investments (RBOI)
in the Autonomous Region in Muslim Mindanao (ARMM) approved a P252
million petroleum
investment project located in Polloc Free Port, Parang, Maguindanao. This was after the RBOI-Board of Governors in a joint meeting with the
members of the
Management Committee in Davao City approved yesterday the registration
of DS3 Fuel Tanking and Services Inc., the fourth project registered by
agency in 2015. With this new addition, ARMM has recorded Php1.8


Electricity rationed in Koronadal City, So. Cotabato

KORONADAL CITY - Power has been rationed in this city and in South Cotabato due to preventive maintenance in Mindanao sources of energy, officials said today.Santiago Tudio, general manager of South Cotabato Electric Cooperative (SOCOTECO-1), said preventive maintenance being undertaken at Unit 1 of Mt.


Kidapawan PRC satellite office to increase business hours

KIDAPAWAN CITY - Because the satellite office ofProfessional Regulation Commission in Kidapawan City has been serving its people well, the city government is mulling additional service days. Two more days so it can accommodate more clients, said Mayor Joseph Evangelista of PRC services in Kidapawan City, serving not only clients from the city but those from nearby provinces and cities.For almost a year now, the PRC satellite office is only open for two days a monthEvangelista said his request has been officially forwarded to PRC-Manila hoping for favorable response.


NFA-ARMMand No fake rice in the region

COTABATO CITY– The National Food Authority (NFA) of the Autonomous Region in Muslim Mindanao (ARMM) has assured the public that there is no synthetic, or fake, rice in the region amid reports of such product sold in Davao City and in other areas.The NFA-ARMM has conducted inspections in rice retail outlets all over the region since July 1 in response to reports of suspected synthetic rice sold in some provinces not only Mindanao but in Luzon and the Visayas as well.


NFAand 'No fake rice in Cotabato City, Maguindanao'

COTABATO CITY - The Maguindanao and Cotabato City office of theNational Food Authority (NFA) has been closely monitoring rice supplies amid reports of fake rice entering the province.



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Soccsksargen has 446 new COVID-19 infections

COTABATO CITY - Regional COVID-19 tracker as of September 18, 2021 (6:00 PM) FOUR-HUNDRED-FORTY-SIX (446) NEW CONFIRMED CASES FOUR-HUNDRED-...

8 hurt in Maguindanao blast

CAMP SIONGCO, Maguindanao - Eight villagers got hurt in an explosion that ripped through a covered court in the town proper of Datu Piang on Saturday...

12 die in GenSan as Region 12 records 432 new COVID-19 infections

COTABATO CITY - Regional COVID-19 tracker as of September 17, 2021 (6:00pm) FOUR-HUNDRED-THIRTY-TWO (432) NEW CONFIRMED CASES FIVE-HUNDRED-...

5 men yield P102-K shabu in Maguindanao

COTABATO CITY – Five persons, including a minor, were arrested while PHP102,000 worth of suspected shabu was seized during an operation at a...

BARMM leaders welcome passage of HB 10121

COTABATO CITY — The House of Representatives (HoR) approved on third and final reading House Bill 10121 that aims to reset the 2021 parliamentary...