Presidential Communications Operations Office



  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Tuesday, 24 May 2022 News Before 1 Feb 2012. Click for Latest
Web PIA  
 
home
 
about
 
fotos
 
info
 
links
 
ncrr01carr02r03calmimr05r06r07r08r09r10r11r12r13
 << May 2022 >> 
S M T W T F S
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31
Special News Editions:
English.Tagalog.Cebuano
Ilocano.Waray.Hiligaynon
Pangasinan.Other
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
English.Tagalog.Cebuano
Waray.Hiligaynon.Ilocano
Pangasinan.All
PIA Archive News Reader

PIA Press Release
2007/10/03

DTI XI surpasses performance on business name registration

Davao City (3 October) -- The Department of Trade and Industry in Davao City as of September 2007 already surpassed its business name registration performance compared to the same period last year.

DTI Davao City director Teolulo Pasawa during the Davao Business Reports Forum held Tuesday at MediSpa of SM City Davao said that as of end September this year they were able to register some 4,810 new business names compared to only 4,530 in the same period of 2006.

Pasawa noted that the investment climate this year remains bright considering that many businesses are into expansion project.

"The fact that these businesses are into opening up of new branches is an indication that the business climate is favorable," he said.

He also said that the coming in of HEDCOR power project is in preparation of the coming in of new investments saying that the Department of Energy had made pronouncements that there must be sufficient power to prepare the area for the entry of new players in the industry.

"If new investments will come before 2010 there will be shortage of power," he said.

Pasawa mentioned that new projects in Davao city, aside from power would fall under wood, banana, coconut peat and fiber, cold storage, plastic recycling, feed mill, food processing and call center operations.

He also said that the mining industry is picking as there are already many mining exploration within the region especially in Compostela Valley Province.

He said that under their industry cluster approach, the big works are in mining as reported by the Bureau of Mines where current investments totaled to P449 million.

The wood sector also reported P70 million investments for two wood processing plants all located in Compostela Valley Province. (PIA XI/Prix D Banzon) [top]

|«  prev  next  »|
DAILY NEWS LIST:
»Children get biggest protection under Duterte's administration
»Capalla invites media as dialogue partners
»Davao Norte hosts 2007 Reg'l Population Quiz Bee
»Feature: DOLE looking for angels
»Davao region all set for barangay elections
»BOI Mindanao optimistic to meet its target with 10% increase
»DTI XI surpasses performance on business name registration
»Davao included in quarantine measures vs. coconut pest
»Davao Oriental focuses on infra development
»Commentary: Statistics crucial to local dev't
|«  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines