Business

Business

Davao City records 283-B pesos in total capitalization from new businesses

DAVAO CITY (MindaNews / 24 November) -- Applications for new and renewal of existing businesses here reached 36,325 with total capitalization of 283 billion...

Malaysia plans to import more raw agri materials, minerals from Mindanao

DAVAO CITY (MindaNews / 20 November) -- Malaysia plans to import raw agricultural materials and minerals from Mindanao to support the massive expansion of...

Davao biz chamber President urges amendments to National Building Code

DAVAO CITY (MindaNews / 14 November) -- The President of the Davao City Chamber of Commerce and Industry Inc. (DCCCII) has called for a...

Chinese tourist arrivals to Davao City on the uptrend

JINJIANG CITY, People’s Republic of China (MindaNews / 11 November) -- Chinese tourist arrivals from here to Davao City have been on the uptrend...

After revival of Davao-Manado direct flights, Zambo-Kota Kinabalu soon

DAVAO CITY (MindaNews/12 October) – After the revival of direct flights between Davao City and Manado in Indonesia on September 27, hopes are high...

Japanese firm to build biomass power project in Butuan

DAVAO CITY (MindaNews / 06 October) – A Japanese firm engaged in the construction of bridges and renewable energy projects has partnered with the...

BIR padlocks 3 stores in Kidapawan City

KIDAPAWAN CITY (MindaNews / ct 2) – Officers from the Bureau of Internal Revenue’s (BIR) district office here padlocked on Tuesday three business establishments...

After 12 years, Davao-Manado air route is back; roundtrip promo PhP 6,500

DAVAO CITY (MindaNews/26 September) – Philippine Ambassador to Indonesia Leehiong Wee will be among the passengers in the inaugural flight of Garuda Indonesia from Manado to Davao...

3-day bootcamp for women entrepreneurs, innovators set in Davao City

DAVAO CITY (MindaNews / 01 Sept) -- Organizers of a three-day entrepreneurship boot camp in Davao City will gather women entrepreneurs and innovators to...

Paquibato farmer is finalist in 2019 International Cocoa Awards in Paris

DAVAO CITY (MindaNews / 18 August) -- Jose Saguban, a farmer from Kialaw, Malabog in Paquibato District, Davao City, will compete with 49 other...

China to invest more in Mindanao, import more crops

DAVAO CITY (MindaNews / 11 August) -- China will pour more investments in Mindanao and import more crops from the country’s second largest island...

US coffee experts studying Mindanao coffee

DAVAO CITY (MindaNews / 27 July) – Experts from the World Coffee Research (WCR) supported by the US-based Agricultural Cooperative Development International-Volunteers in Overseas...

Biz leaders hope for more high-impact projects for Mindanao in last half of Duterte’s...

DAVAO CITY (MindaNews /21 July) –Business leaders hope to hear from President Rodrigo Duterte on his 4th State of the Nation Address (SONA) on...

Mindanao-North Sulawesi shipping linkage resumes

DAVAO CITY (MindaNews / 13 July) – The resumption of the “expanded” Mindanao-North Sulawesi shipping linkage will encourage more trading activities between these areas,...

Holcim completes Davao expansion

DAVAO CITY (MindaNews / 13 July) -- Holcim Philippines, Inc. has completed its expansion project here to raise the production capacity of its Davao...

Davao Chamber VP: Bangsamoro sparks interest of Arab investors in Mindanao

DAVAO CITY (MindaNews/10 April) – The creation of the new Bangsamoro government, which is seen to improve the peace and order condition in Mindanao,...

NCCC acquires Victoria Plaza

DAVAO CITY (MindaNews/12 March) – The Lim-owned New City Commercial Corporation (NCCC) on Tuesday announced its acquisition of the 26-year old Victoria Plaza Mall...

Silk Road eyes investments in Mindanao, Palawan

DAVAO CITY (MindaNews/18 February) – Chinese firm Silk Road Investment HK has expressed interest to invest in Palawan and Mindanao, Mindanao Development Authority (MinDA)...

Davao-Gensan-Bitung route to resume this year

DAVAO CITY (MindaNews / 17 Feb) -- Senior officials from the Philippines and Indonesia met at the sidelines of the 2019 BIMP-EAGA Strategic Planning Meeting in Kota Kinabalu, Malaysia on February 14, to discuss the resumption of the Davao City-General Santos City-Bitung (D/GB) shipping route with a Manila-based shipping company, Mindanao Development Authority (MinDA) assistant secretary Romeo Montenegro said on Sunday.

Sara Duterte to Davao biz sector – don’t short-cut regulations

DAVAO CITY (MindaNews/ 30 January) – Davao City Mayor Sara Duterte told business operators to prohibit themselves from short-cutting the regulatory processes set by...

Davao Region to sustain growth momentum in 2019

DAVAO CITY (MindaNews/ 26 Jan) -- The Davao Region is expected to sustain its strong economic performance as its gross regional domestic product is...

Chinese steel firm plans to locate in Davao

DAVAO CITY (MindaNews/ 21 December) – A big steel manufacturing company from Davao City’s sister city, Jinjiang, China expressed interest to invest here, a...

Davao-Quanzhou direct flights seen to draw more Chinese investors

DAVAO CITY – More Chinese investors are expected to invest here following XiamenAir’s launch on Tuesday of its Davao City-Quanzhou twice weekly direct flights...

Q3 approved foreign investments in Mindanao reach P15.84B

DAVAO CITY (MindaNews/ 07 December) – Various state investment promotion agencies in Mindanao approved some P15.84 billion in foreign investments in the third quarter...

Indonesia to hold 3-day expo in Davao

DAVAO CITY (MindaNews/ 14 Nov.) – The Consulate General of Indonesia in Davao City will hold a three-day expo that will introduce some of...

Mindanao-Sabah barter trade to resume next year

DAVAO CITY (MindaNews/ 31 Oct) – The executive order signed on Monday by President Rodrigo Duterte reviving barter trade between Mindanao and Sabah in...

Young Mindanawons urged to join pitching competition for business startups

DAVAO CITY (MindaNews / 25 October) – A federation of 27 cooperatives in the Philippines  has urged young Mindanawons to participate in the first-ever...

6 BPO firms plan to locate in Malaybalay City

DAVAO CITY (MindaNews/ 22 Oct) – At least six call center firms have expressed interest to locate in Malaybalay City, the capital of Bukidnon,...

Foreign investments in Davao Region reach P381.5B from Jan-Jun 2018

DAVAO CITY (MindaNews/ 11 September) – Davao Region registered a total of P381.5 billion in approved foreign investments for the first half of 2018,...

Mindanao-Visayas Interconnection Project still on track, NGCP assures

DAVAO CITY (MindaNews/28 August) – The development of the P52-billion Mindanao-Visayas Interconnection Project (MVIP) is still on track only two years short before the...

Developer eyes ecozone in Davao City

DAVAO CITY (MindaNews/27 August) – A property developer has signified interest in developing an economic zone in Davao City to attract more investors, a...

Davao expo to feature Mindanao MSMEs

DAVAO CITY (MindaNews/08 August) – A foundation will stage a six-day expo here to give micro, small, and medium enterprises (MSMEs) from different regions...

Consumer groups in Japan monitor campaign on “Ethical bananas” from Philippines

DAVAO CITY (MindaNews / 07 August) -- Civil society organizations and consumer groups in Japan will start a monitoring system on bananas exported from...

Agribusiness areas in Region 12 to have more roads

GENERAL SANTOS CITY (MindaNews/25 July) – More emerging agribusiness areas in Region 12 will have access to major markets in the next two years...

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...

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