DAVAO CITY — Cavendish banana remains the top export commodity of the Davao Region and the challenges faced by two of the top banana-exporting companies are expected to have a significant impact on its gross regional domestic product (GRDP) target for this year, according to the National Economic and Development Authority (NEDA).
DAVAO CITY — Small and medium enterprises (SMEs) and exporters in Davao Region have expressed support for the P18.99-billion Sasa Port modernization project under the public-private partnership (PPP) program, providing a base of support for the project, which has drawn criticism from big business groups and local governments.
DAVAO CITY — Bidding for the Sasa Port modernization is moving ahead with the Department of Transportation and Communications (DoTC) set to hold the prequalification conference today as scheduled despite mounting calls for a reconsideration of the privatization project from the Davao Region business community and local governments.
DAVAO CITY — Expropriation proceedings are now under way in some parts of Davao Region to resolve right-of-way issues that have been hampering several road projects leading to tourist destinations.
DAVAO CITY — Palm oil has been identified as the next major industry in the Davao Region, more than a year after typhoon Pablo (international name: Bopha) tore through large areas of Davao Oriental coconut farms at the end of 2012.