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.
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.
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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.
