COTABATO CITY—Five cooperatives in the Special Geographic Area (SGA-BARMM) received units of processing equipment worth P250,000 from the Ministry of Science and Technology (MOST) to enhance production capacity and maximize the quality of their products. The cooperatives are all from Barangay Clusters of Pigcawayan, Pikit, Carmen, and Kabacan, North Cotabato. These include Bandara Kadingilan Women’s […]
Business
11 airports operating normally-CAAP
DAVAO CITY —The Civil Aviation Authority of the Philippines (CAAP) reports that there are no damages observed at the airports it operates in Mindanao following the magnitude 7.4 earthquake that jolted Hinatuan, Surigao del Sur, on Saturday, 2 December. Initial report from CAAP Area 12 Manager Evangeline Daba said that only minor damages was incurred […]
Customs Zamboanga destroys P323-M smuggled cigarettes
DAVAO CITY –— The Bureau of Customs, Port of Zamboanga, destroyed 5,624 master cases and 1,171 reams of seized and forfeited smuggled cigarettes on November 30, 2023, in a customs-rented warehouse in Brgy. Tetuan, Zamboanga City. The destroyed cigarettes has an estimated worth Php 323.59 million were seized in separate maritime patrol operations and customs […]
Service disruptions on December 2, 3, 4, and 5 in the cities of Samal and Davao
Davao Light and Power Co., Inc. will conduct a series of switching power interruptions on December 2, 3, 4, and 5, Saturday, Sunday, Monday, and Tuesday, affecting customers in different parts of Davao City and Davao del Norte. These power interruptions are necessary to conduct maintenance works at ERA Substation. The first set of switching […]
Philippine government welcomes expansion plans for semiconductor industry
MANILA — President Ferdinand R. Marcos Jr. affirmed the Philippine government’s commitment to collaborate with the Semiconductor Industry Association (SIA) in the United States, expressing readiness for partnership in investments or expansions in the country. Addressing a roundtable meeting with SIA, President Marcos assured, “You can depend on partners in the Philippines that we are […]
Rafael D. Consing Jr. appointed Maharlika president and CEO
MANILA – President Ferdinand R. Marcos Jr. has appointed Rafael D. Consing Jr. as the President and Chief Executive Officer (CEO) of the Maharlika Investment Corporation (MIC). Mr. Rafael D. Consing Jr. presently serves as the Executive Director of the Office of the Presidential Adviser for Investment & Economic Affairs (OPAIEA) under the Marcos administration, […]
Maharlika fund IRR corporate structure finalized
MANILA – The corporate structure of the Maharlika Investment Fund (MIF) is taking shape as its proponents recently concluded the finalization of its Implementing Rules and Regulations (IRR), announced President Ferdinand R. Marcos Jr. on Monday. With the IRR now complete, President Marcos expressed, “Upon approval, we’ll swiftly establish the corporate structure, getting the MIF up […]
Taiwanese travel agents network with Davao tourism stakeholders
DAVAO CITY — In an effort to boost the tourism industry of Davao region, tourism players here convened on October 22, Taiwanese travel agents and tour operators. The meeting was led by Department of Tourism XI (DOT XI) Regional Director Tanya Rabat Tan and her team, this B2B Networking Event was a platform for destination […]
Dubai Businessman to Invest P10 Billion in Davao del Norte
DAVAO DEL NORTE – A Dubai-based entrepreneur has expressed his commitment to invest PHP 10 billion in the province of Davao del Norte, as he seeks opportunities for business expansion in the region. This decision was made during a visit by the Emirati national to various cities and towns in Davao del Norte, with Governor […]
Vietnam Airlines to fly to Manila again
DAVAO CITY — After more than two decades, Vietnam Airlines will resume the Manila-Vietnam-Manila flights again. In a post, Aviation Updates Philippines said the airline will resume their flight starting December 1, having three (3) flights a week. The statement said the first of the two routes to be launched – Ho Chi Minh City […]
Fuel prices down by P2 per liter next week
DAVAO CITY — Fuel prices are expected to go down next week, as oil companies are expected to to cut prices next week the Unioil Petroleum Philippines announced on Saturday. The prices of gasoline may go down by ₱2.80 to ₱3.10 per liter while diesel may be cheaper by ₱2.30 to ₱2.50 per liter. Unioil […]
Emergency power disruptions in Davao City Area October 6
Davao Light and Power Co., Inc. will conduct emergency power interruptions on October 6, Friday, affecting customers in Bunawan, Davao City. These power interruptions are necessary for the emergency shutdown of NGCP 50MVA Bunawan Substation. The first power interruption will be for 1 hour from 8:00 a.m. to 9:00 a.m. to conduct isolation of affected […]
Service disruptions on September 3 in the southern part of Davao City
DAVAO CITY — Some areas in the southern part of the city will experience power disruptions as Davao Light and Power Co., Inc. will switch power on Sunday September 3. The power firm in a press statement said there power interruptions are necessary to relocate the poles from Davao Adventist (Sanitarium) Hospital to Brgy. Matina […]