November 21, 2019 - Thursday
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Davao City, Philippines

Business

Inflation falls to 0.8% in October 2019

Inflation has eased to 0.8 percent in October 2019, a marked decrease from the 6.7 percent during the same period in 2018 and the lowest inflation recorded since May 2016. Citing the Philippine Statistics Authority (PSA), Presidential Spokesperson and Chief Presidential Legal Counsel Salvador Panelo said this is “good news to all ...

Funny Pearl A. Gajunera | 2 weeks ago

Business

1.3M sari-sari stores to offer digital livelihood, banking

Over 1.3 million sari-sari stores all over the country will soon be offering digital livelihood and virtual banking services to consumers, thanks to a Memorandum of Understanding (MOU) recently signed between the Department of Trade and Industry (DTI) and universal bank RCBC. This will be made possible through RCBC’s virtual bank ...

DIGITAL. The informal sector, beginning with the over 1.3 million sari-sari stores all over the country, will soon be capable of offering virtual ban ...

Lovely Carillo | 3 weeks ago

Business

Davao urged to use platform to manage various database

IOT is when an internet is attached to a particular thing, like a lamp post with a wifi spot. It may just look an ordinary lamp post but the internet is connected to it. System of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to tran ...

Photo courtesy of Alex Kraus

Funny Pearl A. Gajunera | 3 weeks ago

Business

US investors show interest in Central Luzon’s New Clark City

American investors have shown interest in the many business opportunities offered by Central Luzon’s New Clark City, said to be the center of modern enterprise in the region.   “I believe FedEx has just signed a contract to locate in Clark. The rapid transformation of the growth corridor between Subic Bay and Clark ...

SEAGAMES READY. The impressive New Clark City Athletics Stadium is ready for the 30th South East Asian Games. PHOTO: Clark Development Corporation Com ...

Lovely Carillo | 3 weeks ago

Business

ASF becoming an economic nightmare

DAVAO CITY -- The city government of Davao has responded to the national government’s call for stricter policies to prevent the entry of the African Swine Fever in their respective areas of responsibility.  Mindanao Development Authority chair Secretary Emmanuel Piñol had earlier c ...

LOCKED UP. The owner of this pig pen in Mintal, Davao City uses a steel gate with a lock to prevent his valuable hogs from escaping. The Davao City go ...

Lovely Carillo | 1 month ago

Business

P100M in revenues eyed in DATE 2019

DAVAO CITY -- The Davao Trade Expo (DATE) 2019 is expected to generate P100 million pesos in business sales and engagements which is more than double the P40 million in revenues raked in last year, according to DATE 2019 chairperson Val Turtur. DATE 2019, a major annual business activity of the Davao City Chamber of Co ...

TRADE EXPO. DCCCII executive vice president John Tria (left) expresses optimism for a successful Davao Trade Expo this year. At right is DATE 2019 cha ...

Judy Quiros | 1 month ago

Business

Pasalubong Center provides more opportunities to entrepreneurs

DAVAO CITY -- The Davao Pasalubong Center has provided more opportunities for entrepreneurs as more tourists patronize the various products being sold in the center. Pasalubong Center unit head Joanne Esperacilla said more tourists are visiting the center and this has resulted in more income for stall owners. ...

Funny Pearl A. Gajunera | 1 month ago

Business

Financial literacy vs investment scams

Mang Gerry, a taxi driver in his 40’s, was looking forward to getting his payout of almost P100,000 from Rigen Investment. This was supposed to be the second payout for him.  “The first time I invested P10,000 and got threefolds; I used a portion for my children’s education and the remaining money I reinvested,&r ...

FINANCIAL LITERACY. BDO Network Bank Jesus Antonio Itchon (middle) explains how the bank is committed to promote financial literacy among Filipinos. S ...

Lovely Carillo | 1 month ago

Business

UnionBank lauds Globe Business as efficient partner in transformation

Union Bank of the Philippines (UnionBank) continues to harness technology with the end goal of pushing inclusive and sustainable prosperity for all Filipinos.  Twice awarded by Asiamoney as Best Digital Bank Philippines and The Asset Triple A Awards as Digital Bank of the Year Philippines, UnionBank has continu ...

MDM | 2 months ago

Business

Fisherfolk, farmers get P1M worth of livelihood grants

The Department of Labor and Employment (DOLE)-Davao Region handed over a livelihood grant worth P1 million to fisherfolk and farmers from Balet, Babak District, Island Garden City of Samal (IGaCoS) last month. “Consider this livelihood grant as a gift from God wherein you are the stewards. So, take good care o ...

INSPIRING.DOLE 11 Assistant Regional Director Atty. Jason Balais urged members of the Balet Farmers and Fisher Folks Association (BFFA) to take good c ...

Lovely Carillo | 3 months ago