MANILA –The aggressive investment promotion efforts led by President Ferdinand R. Marcos Jr. both domestically and internationally have resulted in a remarkable Php1.16 trillion in investment approvals for the year 2023, marking the highest figure in the last five decades, according to a report by the Board of Investments (BOI) released on Wednesday. In a statement, … [Read more...] about Marcos admin earmarks P1.16 Trillion in investment approvals
TRADE AND INDUSTRY
Banganga port construction approved by PPA
BANGANGA, Davao Oriental – The long-awaited dream of the people of Baganga has finally taken a step closer to reality as the construction of a port in Barangay Lambajon, Baganga, Davao Oriental has received the official go-signal from the Philippine Ports Authority (PPA). Baganga Mayor Ronald Pepot Lara expressed his delight as the project's approval brings the community's … [Read more...] about Banganga port construction approved by PPA
Indak Indak highlights Mindanao culture and colors
DAVAO CITY --- The four-hour Indak Indak sa Kadalanan on Saturday highlighted this year's 38th Kadayawan Festival, the street dance showcased the colorful culture and colors from different tribes all over Mindanao fostering unity and celebrating diversity. The vibrant and culturally rich city of Davao has eleven (11) major tribes which is distributed all the 183 villages … [Read more...] about Indak Indak highlights Mindanao culture and colors
PBBM witnesses signing of historic deal to build e-motorcycles in PH
President Ferdinand R. Marcos Jr. on Monday witnessed the signing of a memorandum of agreement (MOA) between Integrated Micro-Electronics Inc. of the Ayala Group and California-based Zero Motorcycles on a partnership to manufacture electric motorcycles. Under the partnership, the US-based firm will lead the way in setting up the first electronic vehicle (EV) motorcycle … [Read more...] about PBBM witnesses signing of historic deal to build e-motorcycles in PH
Ramadhan trade fair rakes in P16.9M sales
DAVAO CITY --- The Bangsamoro region revealed that the month-long Bangsamoro Ramadhan Trade Fair 2023, led by the BARMM's Ministry of Trade, Investment and Tourism (MTIT), has generated total sales of Php16.9 million. In a press statement, the investment office reported that the fair exceeded the target sales pegged at Php12-million, which covers from March 21 up to … [Read more...] about Ramadhan trade fair rakes in P16.9M sales