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Investors urged to expand in other areas of Davao Region

DAVAO CITY (MindaNews/19 July) – Investors should consider other urban areas in Davao Region as possible investment areas to spread out development and prevent...

BPM industry earns over P400B in 2015

DAVAO CITY (MindaNews/16 July) – Companies in the Business Process Management (BPM) industry generated a total revenue of P461.4 billion in 2015, according to...

Less-than-ARMM Bangsamoro is bad for business, “leads to very uncertain future”

COTABATO CITY (MindaNews / 29 June) -- Uncertainty is bad for business and the business sector in the Autonomous Region in Muslim Mindanao (ARMM),...

2nd Indonesia Food and Beverage Expo opens in Davao

DAVAO CITY (MindaNews / 29 June) – Filipino and Indonesian exhibitors are joining the three-day 2nd Indonesia Food and Beverage Expo that opened on...

AirAsia to stop Davao-KL direct flights due to lack of load factor

DAVAO CITY (MindaNews / 24 June) -- Due to lack of load factor, Malaysia’s budget airline AirAsia will stop its Davao City-Kuala Lumpur direct...

Philippine, Korean businesses sign 20 deals worth P4.8B

DAVAO CITY (MindaNews / 6 June) – Filipino business executives and their South Korean counterparts signed at least 20 agreements worth P4.8 billion during...

PH seeks lower tariffs on agri exports to South Korea

DAVAO CITY (MindaNews / 5 June) – The Philippines has asked South Korea to lower tariffs on the country’s agricultural exports such as banana...

Duterte signs Ease of Doing Business Act

DAVAO CITY (MindaNews / 29 May) – President Rodrigo Duterte signed Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act...

Security issues still a concern for Australians exploring investments in Mindanao

DAVAO CITY (MindaNews / 27 May) -- Security issues remain a concern for Australian businessmen and more work is needed to encourage them to...

NorMin posts highest quantity of traded goods in Q4 of 2017

DAVAO CITY (MindaNews / 30 March) -- The five-province Northern Mindanao accounted for 22 percent of the total quantity of all traded commodities in...

Taiwanese investors keen on expanding in Mindanao

DAVAO CITY (MindaNews / 21 March) – Taiwanese investors are setting their eyes on Mindanao as the next possible area for their aggressive expansions,...

ComVal’s peace and order situation prevents entry of investors – DTI

DAVAO CITY (MindaNews / 26 Feb) – The peace and order situation in Compostela Valley has made businesses wary of investing in the province,...

Davao, Hawaiian businesses eye joint ventures

DAVAO CITY (MindaNews / 07 February) – Business executives in Davao City and their counterparts from Hawaii held exploratory talks for possible joint ventures,...

BIR Region XI eyes P20.35 billion in proposed tax collection for 2018

DAVAO CITY (MindaNews/ 31 January) -- The Bureau of Internal Revenue (BIR) in Davao Region is targeting to collect P20.35 billion in taxes by...

Davao City sets new record in number of businesses, investments

DAVAO CITY (MindaNews /28 January) -- The city government has set a new record after it ended 2017 with more than 40,000 businesses and...

DOLE revokes agreements with PEZA following NCCC Mall fire

DAVAO CITY (MindaNews / 14 Jan) -- Labor secretary Silvestre Bello III has revoked agreements signed with the Philippine Economic Zone Authority (PEZA) to...

Japanese chocolate maker eyes investing in Davao

DAVAO CITY (MindaNews / 9 January) – A high-end Japanese chocolate company has signified interest in putting up a chocolate manufacturing facility in the...

New DCCCII president remains bullish on Davao City 

DAVAO CITY (MindaNews / 07 January) -- The newly elected president of the Davao City Chamber of Commerce and Industry Inc. (DCCCII) is optimistic...

Marawi would have been pilot area for ARMM’s top 2017 investor

DAVAO CITY (MindaNews / 29 Dec) -- Marawi City would have been the pilot area for a three billion peso telecommunications project in the...

Minda biz sector lays down 5-point advocacy for Marawi rehab

DAVAO CITY (MindaNews / 10 December) --  Business leaders in Mindanao have laid down a five-point advocacy agenda for government to consider to help...

Approved foreign investments P408.7B as of Q3

DAVAO CITY (MindaNews/27 November) – Approved private investments in the country reached P408.7 billion from January to October this year, or 38.1-percent higher compared...

Cigarettes with fake tax stamps seized from Mighty Corp. destroyed in Davao City ...

DAVAO CITY (MindaNews / 26 Nov) -- Some 9,466 cases equivalent to 4.73 million packs of cigarette seized from the beleaguered Mighty Corporation for using fax tax...

More Japanese exploring investment opportunities in Davao City

DAVAO CITY (MindaNews / 05 November)  – More Japanese investors are exploring business opportunities in this city dubbed a century ago as "Little Tokyo,"...

Davao expects more Japanese investments

DAVAO CITY (MindaNews/03 November) – The city is looking forward to the entry of more Japanese investors after a roadshow in Japan last month that promoted the...

Exporters hope Duterte can ask Japan to lower tariffs on Philippine bananas

DAVAO CITY (MindaNews / 29 October) -- The executive director of the  Pilipino Banana Growers and Exporters Association (PBGEA) hopes President Rodrigo Duterte will be able...

Mindanao biz leaders eye more exports after Duterte’s Japan visit: urge Japanese investors to...

DAVAO CITY (MindaNews / 29 Oct) -- Business leaders from Mindanao are hoping the working visit of President Rodrigo Duterte in Japan on October...

Mainstreaming BIMP-EAGA among LGUs: a problem waiting to be addressed

MALAYBALAY CITY (MindaNews / 29 October) --  In a corner at the local crafts store, 38-year old Marj Libanda, father of two, strings beads...

Ayala-Alcantara’s PhP 25-B Azuela Cove to rise in Davao City

DAVAO CITY (MindaNews / 26 August) -- The Aviana Development Corporation, a joint venture partnership between real estate giant Ayala Land and homegrown The...

Japanese investors explore opportunities in Davao’s agri sector

DAVAO CITY (MindaNews/09 August) – A group of Japanese businessmen came to Davao City Wednesday to explore investment opportunities in the city’s thriving agriculture sector. Davao...

Davao poultry producers threatened by expansion of subdivisions

DAVAO CITY (MindaNews/08 August) – The massive expansion of subdivisions in the southern part of Davao City threatens the local poultry industry and should push the...

ARMM economic chief to urge Australians to invest in the region

ZAMBOANGA CITY (MindaNews / 06 August) -- The head of the Regional Board of Investment (RBOI) of the Autonomous Region in Muslim Mindanao (ARMM)...

Air Asia to make Davao City hub for int’l flights in Mindanao

DAVAO CITY (MindaNews / 22 July) -- Malaysia’s budget airline AirAsia plans to make Davao City as a hub for international flights in Mindanao,...

Business missions to promote investment opportunities in Mindanao amid Marawi crisis

DAVAO CITY (MindaNews/14 July) – The Mindanao Development Authority (MinDA) will join Philippine investment promotion officials in a series of business missions this year...

Biz leader asks airlines to make Davao City hub for int’l flights

DAVAO CITY (MindaNews / 09 July) --  Davao City Chamber of Commerce and Industry Inc. (DCCCI) trustee Arturo Milan has asked airline companies to...

Top execs from Asia and Europe to participate in Davao’s Investment Conference

DAVAO CITY (MindaNews / 09 July)-- Top executives from Asia and Europe will participate in the two-day Investment Conference (iCon) on July 21 to...

Martial law to dampen Davao City’s economic performance

DAVAO CITY (MindaNews/02 June) – The city’s economic performance will experience a slowdown for the rest of the year owing to the state of martial law...

Chinese investors eyed for proposed ecozone in Surigao

DAVAO CITY (MindaNews / 20 May) -- Chinese investors are being eyed for a proposed ecozone in Bislig, Surigao del Sur. Rep. Johnny Pimentel of...

Super Shuttle RORO leaves for Bitung with only 1% cargo load

DAVAO CITY (MindaNews / 30 April) -- M/V Super Shuttle RORO 12, the vessel servicing the Davao-GenSan-Bitung route left for the Indonesian port Sunday,...

Presidents Duterte and Widodo launch Davao-GenSan-Bitung shipping route 

DAVAO CITY (MindaNews / 30 April)  -- The Davao-General Santos-Bitung shipping route was launched here Sunday with President Rodrigo Duterte referring to it as "another...

‘Mindanao catching up’ with opening of new shipping route to Indonesia

DAVAO CITY (MindaNews/26 April) – Sounding optimistic over the economic opportunities that could be unlocked with the launch on April 30 of a new shipping route...

New shipping route seen to increase PH-Indonesia trade

DAVAO CITY (MindaNews/25 April) – The launch on Sunday (April 30) of a new shipping route that will link the cities of Davao and General Santos...

PH, China sign economic cooperation program

DAVAO CITY (MindaNews/17 March) – The Philippines and China signed on Friday a six-year development program for trade and economic cooperation between the two...

RoRo shipping service to ply Mindanao-Indonesia route

DAVAO CITY (MindaNews/17 March) – The Philippine and Indonesian governments will launch next month a roll-on, roll-off shipping service that will link Davao and...

Duterte asks Mighty Corp.owner to pay P3B

DAVAO CITY  (MindaNews/10 March) -- President Rodrigo Duterte is willing to drop the tax evasion case against Mighty Corporation president Alexander Wongchuking but he...

South African, UK diplomats coming to Davao for trade talks

DAVAO CITY (MindaNews/06 March) – Ambassadors from South Africa and the United Kingdom will meet Davao City business leaders to discuss ways to further...

Chinese firm exec finds Davao fit for monorail project

DAVAO CITY (MindaNews/23 January) – A detailed feasibility study has yet to be conducted, but this early a representative from a state-owned Chinese railway...

PH positions itself as ‘gateway’ to ASEAN, 5 economic powers

DAVAO CITY (MindaNews/13 January) – The Philippines’ strategic location will make it a gateway to the 620 million population of the ASEAN region and...

SoKor firm eyes partnership with local VCO producer

DAVAO CITY (MindaNews/09 January) – A big South Korean cosmetic company is negotiating with a local virgin coconut oil producer for a possible joint...

Investments in Region 11 hit almost P8B as of 2016 3Q

DAVAO CITY (MindaNews/03 January) – Investments in Davao Region reached P7.684 billion as of third quarter of 2016, records from the Department of Trade...

PH to welcome foreign investments in power, telecom

DAVAO CITY (MindaNews/24 November) – The country will open its doors to foreign investments in telecommunications and power to enhance competition that will bring...

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