Nurses news The government has piloted a program in the Davao Region that would help jobless nursing graduates.
In a briefing held here, Labor Secretary Marianito D. Roque said cooperatives would be formed and provided with a grant of about P500,000 each in capital so that unemployed nurses could temporarily offer home health care services.
"I am even willing to give them P5 million [in seed capital]," Mr. Roque said, adding this will temporarily address their plight.
Specific targets in terms of number of cooperatives to be formed and total funding requirements have yet to be drafted.
http://www.bworldonline.com/main/content.php?id=5503
Where to stay
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Simple designed rooms includes minibar, TV and bathroom amenities. 24 hours room service available to make you feel like home. Dine in at Waterfront Insular Hotel restaurants and bar with savory specialties, season-inspired menus and signature entreés.
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Hotel Rooms: 158.
Exporters decry the government for allowing the peso to further strengthen against the US greenback even warning that this policy could revert the industry back to a negative growth this year.
Sergio Ortiz-Luis, President of the Philippine Exporters Confederation (PhilExport), said the export sector is expected to post a 10 percent increase this year but the strong peso regime is undermining this growth path.
Davao Elections Election news
List of Davao City Candidates for May 2010 Elections
February 3rd, 2010
With the elections just a few months away, we need to make sure we already know our candidates so we can make informed choices this May 2010. Here is the list of individuals who filed their Certificates of Candidacy (COC) for local elective positions in Davao City:
For Congressional Seats in the House of Representatives
District 1: Maria Belen Sunga-Acosta, Bernard Sabino Custodio, Jocelyn Roa Duterte, Anacleto Belleza Millendez, Karlo Alexei Bendigo Nograles, Robert Elnar Olanolan, and Juan Resemilla Zamora
District 2: Dexter Antonio Alcebar, Joji Ilagan Bian, Danilo Castillo Dayanghirang, Mylene de Joya Garcia, and Diosdado Angelo Abello Mahipus
District 3: Victorio Sabulana Advincula, Wilberto Echavez Al-ag, Gerardo Caalaman Braganza, Gregorio Chavez Canada, Ruy Elias Concepcion Lopez, and Isidro Tom Ungab
For Mayor
Rodrigo Jr. Punzalan Buenzon, Sara Zimmerman Duterte, Magdaleno Sumampong Marcellones, Prospero Castillo Nograles, and Rodrigo Jomoc Suliman
For Vice Mayor
Benjamin Cacatian de Guzman, Rodrigo Roa Duterte, and Roberto Viloria Macaraeg
For Councilors
District 1: Nilo Jr. Malig Abellera, Domingo Antipuesto Andolina, Rodolfo Farma Antolin, Lester Lawrence Trinidad Avila, Wendel Eliot Avisado, Jo Anne Bonguyan, Inocentes Jr.. Bornea, Pilar Cañeda Braga, Carlos Jimena Cirilio, Hector Emmanuel de los Reyes, Shane Lim Dolor, Eddie Codilan Fuentes, Emmanuel Dellergan Galicia, Arlex Luayon Galido, Edwin Abecia Gonzaga, Jeff Ong Ho, Edgar Ramos Ibuyan, Evelyn Gonzales Laviña, Raneolo Carillo Leonar, Leah Alonsabe Librado, Christian Jay Lim, Ferdinand Carabuena Lu, Ernesto Jr. Neuman Macasaet, Magompara Muto Magadia, Amil Bangsa Manding, Napoleon Tac-an Militar, Prospero Pardiñas Mojica, Rogelio Cañete Paconia, Pablito Pilapil Parilla, Randy Reyes Ponteras, J Melchor Vega Quitain, William Icalina Ramirez, Stella Marissa Viacrucis Reyes, Benjamin Jr. Guatlo Rivera, Joel Arroyo Santes, Micheal Manila Tabelo, Antonio Harada Vergara, Rene Alexis Villrente, Jose Joel Goloso Virador, Alberto Chiong Yap, and Jocelyn Palad Yap
District 2: Richard Antonio Alcebar, Alryan Sumicad Alejandre, Ernie Ilagan Alterado, Senforiano Jr. Ilagan Alterado, Jose Enoc Amban, Angelo Abelardo Aportadera, Micheal Protacio Aportadera, Dante Laude Apostol, Leonardo Miguel Aquino, Gerald Anthony Bangoy, Louie John Bonguyan, Arnolfo Ricardo Cabling, Leopoldo Lagat Cagatin, Ariel Baring Casilao, April Marie Dayap, Jimmy Gestuveo Dureza, Dino Ferdinancd Galido, Lito Bucton Lapitan, Joji Jude Lumanog, Tomas IV, Joyce Monteverde, Rhoda Franco Noriega, Beethoven Lavisores Orcullo, Nenita Roldan Orcullo, Anthony Fabroa Pichon, Lius Jr. Quindoy Rodriguez, Marissa Palcado Salvador-Abella, Joseph Pinili Saucejo, Elvira Juezan Sederiosa, and Richard Cuizon Unla
District 3: Magno Jr. Gallinero Adalin, Lyndon Gamil Aballe, Victorio Jr. Uy Advincula, Bernard Echavez Al-ag, Conrado Calimbayan, Rogelio Balogbog Bantiles, Karlo Santos Bello, Salvador Virtucio Caingles, Genaro Maunto Casumpa, Domingo Gerolin Dalodo, Myrna Gerolin Dalodo-Ortiz, Allan Lim Dolor, Ernesto Villar Gerodias, Daniel Garandang Guillen, Lucio Jr. Graciosa Gutierrez, Samuel Edillo Lasay, Aldion Narciso Layao, Rene Elias Concepcion Lopez, Cecilio Jr. Espelita Manaois, Teresita Cayanong Mata-Marañon, Rogelio Alabata Montajes, Gregorio Rerora Pantig, Reynaldo Parcon Reyes, Romeo Sr. Caminero Saberon, Angelico Jr. Tondo Santander, Lolito Obeso Sucayre, Allan Joy Apat Sumandang, Eduard Bingcay Trinidad, Jose Louie Papas Villafuerte, and Rachel Paradela Zozobrado
Source: Philippine News Agency
List of Davao City Candidates for May 2010 ElectionsFebruary 3rd, 2010With the elections just a few months away, we need to make sure we already know our candidates so we can make informed choices this May 2010. Here is the list of individuals who filed their Certificates of Candidacy (COC) for local elective positions in Davao City:For Congressional Seats in the House of RepresentativesDistrict 1: Maria Belen Sunga-Acosta, Bernard Sabino Custodio, Jocelyn Roa Duterte, Anacleto Belleza Millendez, Karlo Alexei Bendigo Nograles, Robert Elnar Olanolan, and Juan Resemilla ZamoraDistrict 2: Dexter Antonio Alcebar, Joji Ilagan Bian, Danilo Castillo Dayanghirang, Mylene de Joya Garcia, and Diosdado Angelo Abello Mahipus
District 3: Victorio Sabulana Advincula, Wilberto Echavez Al-ag, Gerardo Caalaman Braganza, Gregorio Chavez Canada, Ruy Elias Concepcion Lopez, and Isidro Tom UngabFor MayorRodrigo Jr. Punzalan Buenzon, Sara Zimmerman Duterte, Magdaleno Sumampong Marcellones, Prospero Castillo Nograles, and Rodrigo Jomoc SulimanFor Vice MayorBenjamin Cacatian de Guzman, Rodrigo Roa Duterte, and Roberto Viloria MacaraegFor CouncilorsDistrict 1: Nilo Jr. Malig Abellera, Domingo Antipuesto Andolina, Rodolfo Farma Antolin, Lester Lawrence Trinidad Avila, Wendel Eliot Avisado, Jo Anne Bonguyan, Inocentes Jr.. Bornea, Pilar Cañeda Braga, Carlos Jimena Cirilio, Hector Emmanuel de los Reyes, Shane Lim Dolor, Eddie Codilan Fuentes, Emmanuel Dellergan Galicia, Arlex Luayon Galido, Edwin Abecia Gonzaga, Jeff Ong Ho, Edgar Ramos Ibuyan, Evelyn Gonzales Laviña, Raneolo Carillo Leonar, Leah Alonsabe Librado, Christian Jay Lim, Ferdinand Carabuena Lu, Ernesto Jr. Neuman Macasaet, Magompara Muto Magadia, Amil Bangsa Manding, Napoleon Tac-an Militar, Prospero Pardiñas Mojica, Rogelio Cañete Paconia, Pablito Pilapil Parilla, Randy Reyes Ponteras, J Melchor Vega Quitain, William Icalina Ramirez, Stella Marissa Viacrucis Reyes, Benjamin Jr. Guatlo Rivera, Joel Arroyo Santes, Micheal Manila Tabelo, Antonio Harada Vergara, Rene Alexis Villrente, Jose Joel Goloso Virador, Alberto Chiong Yap, and Jocelyn Palad YapDistrict 2: Richard Antonio Alcebar, Alryan Sumicad Alejandre, Ernie Ilagan Alterado, Senforiano Jr. Ilagan Alterado, Jose Enoc Amban, Angelo Abelardo Aportadera, Micheal Protacio Aportadera, Dante Laude Apostol, Leonardo Miguel Aquino, Gerald Anthony Bangoy, Louie John Bonguyan, Arnolfo Ricardo Cabling, Leopoldo Lagat Cagatin, Ariel Baring Casilao, April Marie Dayap, Jimmy Gestuveo Dureza, Dino Ferdinancd Galido, Lito Bucton Lapitan, Joji Jude Lumanog, Tomas IV, Joyce Monteverde, Rhoda Franco Noriega, Beethoven Lavisores Orcullo, Nenita Roldan Orcullo, Anthony Fabroa Pichon, Lius Jr. Quindoy Rodriguez, Marissa Palcado Salvador-Abella, Joseph Pinili Saucejo, Elvira Juezan Sederiosa, and Richard Cuizon UnlaDistrict 3: Magno Jr. Gallinero Adalin, Lyndon Gamil Aballe, Victorio Jr. Uy Advincula, Bernard Echavez Al-ag, Conrado Calimbayan, Rogelio Balogbog Bantiles, Karlo Santos Bello, Salvador Virtucio Caingles, Genaro Maunto Casumpa, Domingo Gerolin Dalodo, Myrna Gerolin Dalodo-Ortiz, Allan Lim Dolor, Ernesto Villar Gerodias, Daniel Garandang Guillen, Lucio Jr. Graciosa Gutierrez, Samuel Edillo Lasay, Aldion Narciso Layao, Rene Elias Concepcion Lopez, Cecilio Jr. Espelita Manaois, Teresita Cayanong Mata-Marañon, Rogelio Alabata Montajes, Gregorio Rerora Pantig, Reynaldo Parcon Reyes, Romeo Sr. Caminero Saberon, Angelico Jr. Tondo Santander, Lolito Obeso Sucayre, Allan Joy Apat Sumandang, Eduard Bingcay Trinidad, Jose Louie Papas Villafuerte, and Rachel Paradela ZozobradoSource: Philippine News Agency
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Big business establishments in the Davao region are now providing their own generator sets to help ease the power problem in Mindanao.
SM City Davao, one of the largest mall operators in the region, is now running its own generator set every two hours daily in the afternoon.
More from MB.COM.PH
Markets in Singapore, Taiwan and Malaysia all ticked slightly higher. In the Philippines, stocks rose 0.21 percent to 3,114.
More from The Associated Press
 Philippine exports rose at the fastest pace in more than 14 years in January as demand for electronics goods gained amid the global economic recovery. The peso climbed to an eight-week high.
More from Business week
 Davao del Norte is seeking to become a major producer of oil palm in the country.
Davao del Norte Governor Rodolfo R. del Rosario said the province’s 532 hectares of oil palm would have to increase nearly 10 times to 5,000 ha within the next three years to achieve this status.
More from Business world
The Philippines will consider unwinding some of its stimulus measures even as it may keep interest rates unchanged to support the economic recovery, central bank Deputy Governor Diwa Guinigundo said.
More from Business world
As the global economy shifts from crisis to recovery, the business processing outsourcing (BPO) industry is sparking new demand and buoying employment and investment in the Philippines, where it is one of the country’s most important industries.
More from Asia Times
The Bangko Sentral ng Pilipinas (BSP) is aiming to reach out to exporters as the peso continues to weaken, affecting the exchange rate-sensitive sectors.
BSP Deputy Governor Diwa Guinigundo said economic briefings will kick off in Davao City, Bohol and Manila in April this year, followed by Pampanga in May and Cebu City in June.
Full article ABS CBN
The bellwether Philippine Stock Exchange index added 35.50 points on Friday to settle at 3,069.13 on better corporate earnings. For the week, the local composite index ended the volatile week posting a week-on-week gain of 0.83 percent.
Likewise, the all share index was up 6.82 points to 1,926.674. Of the six counters however, only the mining and oil sector was snubbed. The counter slipped 77.75 points to settle at 9,562.96.
The bellwether Philippine Stock Exchange index added 35.50 points on Friday to settle at 3,069.13 on better corporate earnings. For the week, the local composite index ended the volatile week posting a week-on-week gain of 0.83 percent.
Likewise, the all share index was up 6.82 points to 1,926.674. Of the six counters however, only the mining and oil sector was snubbed. The counter slipped 77.75 points to settle at 9,562.96.
Full article Philstar.com
Philippine inflation stayed above 4 percent for a third month in February as oil and food costs rose, putting pressure on the central bank to further withdraw monetary stimulus.
More from RTT news
Kirin Holdings Co. may seek control of its Philippine beer venture after dropping a planned merger with Suntory Holdings Ltd. that would have created the world’s fifth-biggest food and drinks maker.
More from Bloomberg
Producer prices in the Philippines dropped 0.7% year-on-year in January, slower than the 2.9% decrease in the previous month, the Manila-based National Statistics Office reported on Friday.
More from RTT news
 The Trade Union Congress of the Philippines (TUCP) in Southern Mindanao on Tuesday called for an increase in wages due to the significant rise in prices of basic commodities since the last wage order issued by the Department of Labor and Employment (DOLE).
More from The Inquirer
About 13 stores, many of them of international brands are locating in Davao City by second quarter next year.
Cora Dizon, vice president and head of business development of Ayala Land, Inc. said these best stores will be locating in Davao Abreeza when it opens in the city May of next year.
More from PIA
There is a new drive in the Philippine government to regulate rather than ban aerial banana spraying
The debate on aerial spraying of bananas in the Philippines has moved to the next level, with the country’s congress considering regulating the practice rather than banning it.
More from Fruitnet
Philippine Long Distance Telephone Co., the country’s biggest telecommunications provider, said Tuesday its 2009 profit rose 15 percent on the back of revenues generated by its phone, Internet and wireless services
More from CB ONLINE
The Philippine government announced price cuts Friday on 97 medicines that officials say will result in at least 1 billion pesos ($21.7 million) in annual savings for Filipinos.
More from Business Week
Philip Morris International (N.PM) yesterday announced a J-V in the Philippines that ties it up with Fortune Tobacco, a local cigarette maker owned by tycoon Lucio Tan, forming a company that will control 90% of the domestic cigarette market.
More from Live Trading News
The Philippines said Tuesday it had sold 100 billion yen (1.1 billion dollars) worth of Samurai bonds to help plug a budget deficit that soared to record levels last year.
More from Google News
The Asian Development Bank (ADB) has signed deals with five commercial banks for expansion of its Trade Finance Facilitation Program (TFFP) in Philippines.
More from All Headline News
Three major 3G licensees- Smart Communications, Globe Telecom and Digital Mobile Philippines- will be allowed to participate in the upcoming auction for the last 3G spectrum license by Philippines’ National Telecommunications Commission (NTC).
Read more: http://www.allheadlinenews.com/articles/7017908931#ixzz0gnSu3tfg
 Global investors are bracing for further declines in Philippine bonds, Asia’s worst performers this year, on concern the nation’s first change in president in almost a decade will lead to wider budget deficits.
Fortis Investments and Western Asset Management Co., which oversee a combined $698 billion, sold Philippine international bonds last month, as the government raised its forecast for this year’s shortfall by 26 percent. Pictet Asset Management, which manages $5 billion of emerging-market debt, cut peso holdings on concern the new president would boost spending to win support.
Full article at Business Week
According to an article in Business Week, the Philippines is on target to grow its business process outsourcing revenues to $13 billion, and provide jobs for 650,000, by the end of 2010. So, what exactly are the advantages of outsourcing to the Philippines that have made it a first choice outsourcing solution for businesses across the globe?
Full article at Goodzines
 Davao Light and Power Company is encouraging all its customers to save on electricity.
The advice of the electric utility came on the heels of the announcement by the National Grid Corporation of the Philippines (NGCP) that the power generation curtailment level from the various generating companies in Mindanao reached to 450 megawatt (mW) yesterday. NGCP imposed a 93 mW curtailment on Davao Light’s franchise area starting at 10:30 yesterday morning.
Full article at PIA
THE Department of Trade and Industry (DTI) provincial office in Davao Oriental reported that market matching and linkage activities in 2009 generated high sales valued at P12.117 million, higher by 431 percent as compared to previous year’s P2.811 million only.
Based on its annual report, DTI-DO also revealed that the sales generated through market matching and linkage last year was even 173 percent higher than its annual target of P7 million.
Full article at Sun Star
People are excited about their savings accounts earning interests. But, the Department of Science and Technology (DOST) has seen a better idea to invest into something that earns three or five times that of bank interests. An “energy audit” is a good first step toward realizing those money savings by making your place more energy efficient.
With today’s increasing production cost, it is important to identify areas by which production cost can be significantly reduced. One area identified by DOST is to improve the efficiency of energy utilization among industries. Many industrial establishments are now becoming conscious of their energy usage due to increased energy costs.
Full article at PIA
The office in the Davao Region of the Mines and Geosciences Bureau collected P16.4 million in revenues last year, with excise tax accounting for nearly three-fourths of the total take, an official statement read.
The Mines bureau received a little more than P12 million in excise taxes, with Apex Mining Co. Inc. as the biggest contributor with its gold and silver extraction in Compostela Valley, followed by Holcim Philippines, Inc. which extracts limestone for its cement plant in Davao City.
More at Business World
The Philippines raised 100 billion yen ($1.1 billion) selling Samurai bonds, completing its 2010 overseas debt plan within two months, as failed peso auctions make it harder to fund a mounting deficit.
More from BLOOMBERG
The National Grid Corp. of the Philippines (NGCP) maintained and increased its slash of power supply to the power distribution grid as the water levels in Lake Lanao and Pulangi Dam hover at their critical low levels.
Milfrance Capulong, regional corporate communications officer of NGCP, said the extent of load curtailment would depend on the load capacity of the power utility or electric cooperative.
More from Business Mirror
THE Department of Trade and Industry (DTI) provincial office in Davao Oriental reported that market matching and linkage activities in 2009 generated high sales valued at P12.117 million, higher by 431 percent as compared to previous year’s P2.811 million only.
More from PIA
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Manila Times 2009
IN Davao, size has always mattered.
It is one of the biggest city in the world, at 2,443 square kilometers, or 36,916 hectares.
It is home to over 1.4 million people and Mount Apo, the country’s highest peak; the Philippine eagle, the world’s largest raptor; and the waling-waling, the queen mother of orchids.
Seven out of 10 Davaoeños live in the largest urban market in the Brunei-Indonesia-Malaysia-Philippines East Asean Growth Area.
Claiming to be Mindanao’s de facto capital, it is the country’s southern gateway to the 51-million market Southeast Asian growth hub.
Exports were estimated at $797.6 million last year. Worth $496 million in 2008 and $417 in 2007, local bananas composed 66 percent of the country’s export, the third largest in the world.
In 2008, the major exports were 2.1 billion kilograms of fresh bananas worth $496.2 million; 181 million kg of fresh and canned pineapples; rubber, banana chips, activated carbon, dessicated coconut, gold with silver, tuna, charcoal, coconut oil and cement.
The largest destinations: Japan (41 percent of all goods), the Middle East, China, South Korea and the US.
The top major crops are coconut (212,438 metric tons in 2007), banana (205,333 MT), durian (24,895 MT), pineapple (21,088 MT), mango (9,492) and coffee (4,793 MT).
The city supplies 60 percent of the country’s cut-flower market, nearly a million dozens each year.
With a literacy rate of 95.17 percent, one of the highest in Asia, more than half of its 17- to 24-year-old are in school, again among the highest enrollments in Asia.
It has the country’s highest ratio of colleges to population—with 42 colleges (out of 46 in Mindanao). Three of them are the country’s top 20: Ateneo de Davao, University of the Philippines in Mindanao and San Pedro College.
At any given time, there are more than 94,000 students college students; there were more than 12,000 graduate in 2007-2008, most of them in medical and allied disciplines and business administration.
Employment is almost 90 percent, and the female labor force is one of the highest in the country.
Fiber-optic trunk system with direct dial links, GSM cellular networks, broadband connections are on demand. There are over 300 Internet cafes, 29 newspapers, eight of them daily, 10 television and 51 radio stations.
All leading banks have more than one branch in the city, which is host to 1,620 financial institutions, including 163 bank branches, financing companies and lending firms.
Davao City was the first local government to enact an investment incentive (passed in 1994) for P1 million and above investments employing at least 10 city residents and falling under the preferred areas such as agri-business and food processing; tourism; transshipment facilities; light manufacturing; property development; establishment of foreign bank branches; telecommunications; environmental protection projects; medical, educational, training and sports facilities; and Information and Communications Technology.
Last year, Davao was among the 25 best cities in the country in which to live, work and operate a business.
The Asian Institute of Management (AIM) Policy Center cited the cities for the dynamism of the local economy, least cost of doing business, infrastructure, human resources and training, responsiveness of the local government to business needs and quality of life.
Davao was cited as having the least cost in operating a business and with the best infrastructure in roads, bridges, telephone lines, Internet connections and so on.
Among the parameters rated were the average electricity and water rates; households connected to potable water; hospital beds and doctors per 100,000 people; crime solution efficiency; number of banks; average business tax burden per establishment; and the number of businesses. Even the cost and the means of going to an airport were factored in.
In 2007, Davao topped the AIM list of 20 metropolitan Philippine cities. It scored high in the cost of doing business; dynamism of local economy; human resources and training; infrastructure; responsiveness of local governments to business needs; and quality of life (a perfect 10 in the percentage of households with access to potable water).
According to the AIM Philippine Cities Competitiveness Ranking Project 2007, Davao’s strongest points were average travel time to nearest airport/seaport; electricity rate; business tax burden; absence of bribery and fixers; access to commercial banks; qualified job applicants; time to renew a business permit; over-all reliability of electricity and telephone services; and water rates.
LBC LBC, one of the country’s leading cargo and remittance companies, has expanded its Bills Xpress Payment Service to cover over 20 business enterprises from telecom, water, cable, bank to financial services, insurance and plans to add government accounts, eventually.
From hereon, patrons no longer have to go to several different payments channels and queue up in long lines to pay their utility bills and monthly dues. They can go to any LBC branch in LBCs almost 800 LBC branches and settle multiple bills conveniently.
Contact Business In Davao Businessindavao@yahoo.com
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Philippine exports rose at the fastest pace in more than 14 years in January as demand for electronics goods gained amid the global economic recovery. The peso climbed to an eight-week high.
