Tuesday Jun, 15 2021 05:34:53 AM

Economic News

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


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.

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.


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.


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


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


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.


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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