Business In Davao » palm oil http://businessindavao.com SITE UNDER REPAIR Mon, 14 Mar 2011 04:40:12 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 Palm oil and stimulus package http://businessindavao.com/2010/03/09/palm-oil-and-stimulus-package/ http://businessindavao.com/2010/03/09/palm-oil-and-stimulus-package/#comments Tue, 09 Mar 2010 07:44:51 +0000 admin http://businessindavao.com/?p=232 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.

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The Philippines will . . . → Read More: Palm oil and stimulus package]]> 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.

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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.

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]]> http://businessindavao.com/2010/03/09/palm-oil-and-stimulus-package/feed/ 0 Palm Oil and Brown outs http://businessindavao.com/2010/02/22/192/ http://businessindavao.com/2010/02/22/192/#comments Mon, 22 Feb 2010 10:34:51 +0000 admin http://businessindavao.com/?p=192 Palm oil growers in Mindanao are optimistic that the production would continue to increase in Mindanao even as the country is still importing oil palm products from nearby Southeast Asian countries.

In a meeting recently held at the Davao del Norte Capitol in Tagum City, C.K. Chang, president of Philippine Palm Oil Development Council, Inc. (PPODCI), said . . . → Read More: Palm Oil and Brown outs]]> Palm oil growers in Mindanao are optimistic that the production would continue to increase in Mindanao even as the country is still importing oil palm products from nearby Southeast Asian countries.

In a meeting recently held at the Davao del Norte Capitol in Tagum City, C.K. Chang, president of Philippine Palm Oil Development Council, Inc. (PPODCI), said that 10 years ago, the country has only some 20,000 hectares of oil palm trees, but at present, it has already 45,000 hectares of it mostly found in Mindanao.

“But we are still importing oil palm products from Malaysia and Indonesia,” he said

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When before, city residents could hear the whirl and hum of the power plant along J.P. Laurel Avenue, today, the Bajada Power Plant (BPP) appears silent and inactive.
But this network of steel structures, wires, transformers and towers has become the city’s—and the entire franchise of Davao Light and Power Co.’s—most reliable  backup power to sustain crucial and vital economic, social and other services.
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An official of a multi-national shipping firm and five others are facing charges of possession of illegal drugs for allegedly conspiring to hide 12 bricks of high-grade cocaine in Davao City last December, the Philippine Drug Enforcement Agency (PDEA) said on Monday.

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The Office of the Solicitor General (OSG) is studying a proposal by the Pilipinas Shell Petroleum Corp. (PSPC) to put up a surety bond to facilitate imports, while a tax dispute is resolved.

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