Economic News

COTABATO CITY – More than PHP6
billion investments are expected this year in Cotabato City, the city mayor’s
office here said.

Aniceto Rasalan, secretary to Cotabato City Mayor
Japal Guiani Jr, said the several business companies and corporations have
signified their intention to pour in capital in the city.

Some of these corporations are expected to start
construction of establishments this year, Rasalan said.

COTABATO CITY -- Recent improvements in the operation of the Maguindanao International Port hastened its connectivity with traders in Vietnam and Malaysia, a ranking port official said Wednesday.Hexsan Mabang, senior executive of the Regional Ports Management Authority (RPMA) in the Autonomous Region in Muslim Mindanao, said another big shipment of cement from Vietnam, in fact, arrived at the Maguindanao port in Parang town in Maguindanao two weeks ago.The cement shipment was ferried in by a foreign vessel, he added.The latest shipment of 550,000 bags of cement from Vietnam was the second s

COTABATO CITY -- An old relationship tied between religious foundations and trading will soon be rekindled as Johore, Malaysia-based investors have started to pour in investments in partnership with their Moro brothers.The new venture will be in healthy agricultural products, halal” and green energy.Some 26 Malaysian investors, believed to be descendants or lineage of Shariff Mohammed Kabunsuan who brought Islam in this part of the Mindanao region in 1600’s, have forged business linkages here in a cooperative partnership with Cotabato City and several Mindanao-based businessmen in promotin

TACURONG CITY –
The Tacurong City Business One-Stop Shop (BOSS) has netted more than P10
million revenue from permit application and renewals, officials said today.

In a
statement, Tacurong City Mayor Lina Montilla said the one-stop processing of
business permits and renewals earned the city a total of Php10,094,128.19.

The One-Stop
Shop ran from Jan. 4 to 20, 2016 at the Tacurong City Cultural and Sports
Center.

COTABATO CITY -- Investments in the Autonomous Region in Muslim Mindanao (ARMM) are off to a good start in 2016 following the approval last Friday by the Regional Board of Investments (RBOI) of the registration of the P1.3 billion oil-palm plantation project of Gintong Agri-Corporation.

COTABATO
CITY –- Bright business prospects for 2016 here have started to
commence with the upcoming visit of executives of three of the largest business
groups in the State of Johor, Malaysia, officials said.Malaysian
traders are set to attend a business forum in Cotabato City later this month,
Mayor Japal Guiani Jr said.
It aims
to build a bridge” that will connect local producers and business groups to
Johor and reach a larger market. The group of investors include officials from

COTABATO CITY -– Cotabato City is geared
to a more productive and investment filled 2016, officials said today.
”The year 2016 will be a full packed year for the City
Government of Cotabato,” Aniceto Rasalan, secretary to Mayor Japal Guiani Jr,
said in a statement.
With its several achievements in 2015, the city
government has planned to sustain the level of development that this city has
attained. ”This year, the main focus will still be on the
economic progress, peace and order, and social protection,” Rasalan said.

COTABATO CITY --- Traders in Central Mindanao and nearby regions are in favor of the Islamic banking system the Anak Mindanao (Amin) Partylist is trying to establish through House Bill 5989.HB 5989 is still being deliberated in the House of Representatives.Members of the Muslim and Christian business communities, in fact, attended Monday’s first roundtable discussion (RTD) on HB 5989 here.The event was held at the conference hall here of the Office of the Regional Governor of the Autonomous Region in Muslim Mindanao. (ARMM).Anak Mindanao Partylist Rep.

COTABATO CITY -- An effective mechanism in business licensing and renewal here have started through its Business One Stop Shop (BOSS) that is open to all owners and operators of business establishments.The BOSS, a multi-agency convergence located at the People’s Palace’s lobby, targets to accommodate 8,000 business permits application and renewal until Jan. 20, Aniceto Rasalan, secretary to the city mayor, said in a statement.With the BOSS, clients do not have to go to each office which are located in different areas to comply with requirements.

TORIL, Davao City – PRESIDENT Benigno Aquino III led the formal inauguration and switch on of the 300-megawatt coal-fired power plant located at Toril district in Davao City, Friday.Aquino, in his speech, said the coal plants of the Therma South, Inc.