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Exporters see record shipments this year

The country’s export performance could be headed for another record-high level this year, powered by the continued demand for semiconductors and services......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

‘Pinas umangat ekonomiya

Lumago ng 5.7% ang ekonomiya ng Pilipinas sa unang quarter ng 2024 dahil sa pagtaas ng export at household consumption. The post ‘Pinas umangat ekonomiya first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 9th, 2024

Marcos Jr. vows to fund coconut export program

President Marcos has vowed to provide funding for a Philippine Coconut Authority program that aims to plant 100 million coconut trees by the end of his term to reach the goal of making the Philippines the number one coconut exporting country in the world......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

Export of raw sugar to US planned by mid-year

The Sugar Regulatory Administration has started the preparatory work for the country’s export of raw sugar to the US as early as the middle of the year......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Philippines to hold biggest international food trade show

The 17th International Food Exhibition Philippines, the country’s biggest international trade exhibition for food and ingredients, is set to showcase on May 10 to 12 more than export-ready quality products from hundreds of exhibitors and key players in the food community......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

India delivers BrahMos supersonic cruise missiles to Philippines

Manila [Philippines], April 19 (ANI): India delivered the BrahMos supersonic cruise missiles to the Philippines on Friday, as part of the USD 375 million deal between the two sides signed in 2022. The Indian Air Force sent its American origin C-17 Globemaster transport aircraft with the missiles to the Philippines to deliver the weapon system to the Philippines' Marine Corps, according to the defence sources. The export o.....»»

Category: newsSource:  manilanewsRelated NewsApr 19th, 2024

Xinhua world economic news summary at 1100 GMT, April 19

CAIRO -- The Egyptian cabinet approved on Thursday the establishment of a special free zone to manufacture, maintain, and export marine yachts to meet standards on par with those of Europe and other international counterparts, according to a government statement. The special free zone, named the Suez Canal Company for Modern Boats, will span 51,150 square meters south of Safaga town along the Red Sea coast, more.....»»

Category: newsSource:  manilanewsRelated NewsApr 19th, 2024

Vietnam s Q1 rice export up 42 pct in value

HANOI, April 10 (Xinhua) -- Vietnam exported over 2.1 million tons of rice, up 42 percent year-on-year in value, in the first quarter of this year, VnExpress reported Wednesday, citing the Ministry of Agriculture and Rural Development. The country earned 1.4 billion U.S. dollars from exporting rice during the cited period, said the report. The Philippines was the biggest importer of Vietnamese rice, accou.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Exporters urged to strengthen trade relations with India

Filipino exporters especially those engaged in food, machinery and electronic equipment are encouraged to boost trade with India as demand for those products is estimated at $56 million this year, according to Export Marketing Bureau assistant director Jhino Ilano......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Council to appeal March 1 as special non-working holiday in Davao City

The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Groups urge to include placemaking in planning for public spaces

The push for placemaking in planning for public spaces was emphasized by various groups during a recent forum in Davao City. ATTY. Mark Peñalver, executive director of Interfacing Development Interventions for Sustainability (Idis), stressed the importance of incorporating placemaking in public space planning to not only enhance the physical environment but also to promote inclusivity. He highlighted the exclusion of certain sectors in existing public spaces and emphasized the need for stakeholders' input and acknowledgment of their stories in the planning process. Dr. Derlie Mateo-Babiano, an associate professor in Urban Planning Assistant, described placemaking as a means to transform places into spaces that people will cherish. She emphasized the significance of engaging the community in the planning process to understand their cultural, environmental, and other needs. Peñalver also cited a successful placemaking project in Davao Executive Homes, which catered to children, the elderly, and individuals with special needs, demonstrating the positive impact of placemaking. Furthermore, Peñalver advocated for the institutionalization of placemaking in the Comprehensive Land Use Plan and other development plans in Davao City. He highlighted the potential of placemaking to ensure that government projects are beneficial to the community. Architect Harold Delima, co-convenor of Placemaking Davao, discussed ongoing workshops with various demographics to integrate placemaking into the city's development. The groups involved are hopeful that placemaking will become a fundamental aspect of public space planning in Davao City, aiming to create inclusive and community-centered environments......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Biz Bureau surpasses 43-K permit renewals

The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Continue serving with care, compassion, PBBM tells DSWD

President Ferdinand R. Marcos Jr. emphasized the importance of serving the public with care and compassion during the Department of Social Welfare and Development's (DSWD) 73rd anniversary celebration. He commended the DSWD for its continuous efforts in providing aid to disaster victims and the disadvantaged sectors. President Marcos urged the DSWD to treat the poor and vulnerable with kindness and empathy, highlighting the agency's role in uplifting communities. He also noted the significant increase in the agency's budget, particularly for programs such as Pantawid Pamilyang Pilipino Program (4Ps), senior pension, food catering operations, and the food stamps program. President Marcos emphasized that the DSWD's programs are designed to offer a hand up rather than a handout, aiming to empower individuals and families to improve their circumstances. He underscored the government's commitment to dignified giving and support for those in need, emphasizing the agency's role in providing assistance while promoting self-sufficiency......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake

The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Samal resort gets notice of violation over hawksbill turtle hatchlings

The Department of Natural Resources-Davao Region (DENR-Davao) has issued a notice of violation to Isla Reta Beach Resort in Samal for the illegal possession of hawksbill turtle hatchlings. The resort violated Republic Act 9147, which prohibits the exploitation of wildlife resources and their habitats. The law strictly prohibits collecting, hunting, or possessing wildlife or their by-products, with penalties including imprisonment and fines. In response to the notice, the resort's owner must release the turtle hatchlings within a day, or face legal action. Despite the resort's intention to care for and release the hatchlings after six months, DENR-Davao found 130 hatchlings inside styro boxes and emphasized the critical importance of immediately releasing them to ensure their survival. The Philippines recognizes five sea turtle species, with hawksbill and leatherback classified as critically endangered. DENR-Davao encourages individuals to report wildlife sightings and pledges to conduct public awareness campaigns for wildlife conservation. Isla Reta Beach Resort faced criticism for unauthorized plans to raise the hatchlings......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Killer landslide: 7 confirmed dead, 1 critically injured, 5 missing in Monkayo

A devastating landslide in Monkayo, Davao de Oro, claimed the lives of seven individuals, left one critically injured, and five others missing. The tragedy occurred during a prayer meeting in Purok 20, Pag-asa, Barangay Mt. Diwata. Jergrace Cabag, an official from the Local Government Unit (LGU)-Monkayo, confirmed the casualties and ongoing search efforts. The injured person was rushed to Davao de Oro Provincial Hospital, while the deceased were taken to the funeral parlor. Due to the ongoing landslide and heavy rain, search and rescue operations were temporarily halted, with plans to resume when conditions permit. The Municipality of Monkayo issued a forced evacuation order due to the threat of further landslides and flooding. Mayor Manuel E. Zamora emphasized the importance of heeding government warnings to prevent future incidents......»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Newly Certified Lead Safe Paints Launched at Philippine World Building and Construction Exposition

14 March 2024, Pasay City/Quezon City.  The thriving paint industry in the Philippines marked another milestone with the launch today of duly certified Lead Safe Paint (LSP) products at the Philippine World Building and Construction Exposition, or the WORLDBEX 2024. The event was graced by government, industry, and civil society leaders, as well as by basketball players from the.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Philippines, EU resume free trade agreement talks

MANILA, March 19 (Xinhua) -- The Philippines and the European Union (EU) resumed negotiations for a free trade agreement (FTA) on Monday, the Philippines' Department of Trade and Industry (DTI) announced Tuesday. "Strengthening economic engagement with the EU remains a priority for the Philippines," said Philippine Trade and Industry Secretary Alfredo Pascual, adding that the Philippines aims for an ambitious, b.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Palarong Pambansa 2024 earns support from Mandaue, Cebu business leaders

CEBU CITY, Philippines– The Cebu Chamber of Commerce & Industry (CCCI) and the Mandaue Chamber of Commerce & Industry (MCCI) will give out their full support to the organizers of the upcoming Palarong Pambansa 2024 scheduled in July. In a meeting last March 18 at the board room of the Aboitiz Corporate Center, CCCI President.....»»

Category: newsSource:  inquirerRelated NewsMar 20th, 2024

Esports, education come together in 1st Estudyante Esports SummEEt

The summit is one of the initiatives under Dark league Studios' Estudyante Esports Program, which hopes to bring esports to the academe to create a sustainable future for both the industry and the next generation of gamers who wish to pursue a career in the industry......»»

Category: sportsSource:  philstarRelated NewsMar 5th, 2024