While one third of Mindanao is devoted to agriculture and Davao region supplies 40% of the country’s food requirements, the challenge lies in harnessing this potential to support the region’s overall economic development, Senator Cynthia Villar said. “Davao Region is still the top coconut-producer which contributed 14.4% to the country’s total production. Zamboanga Peninsula followed […]
Tag: economic development
Department of Tourism (DOT) Secretary Christina Garcia Frasco said the ascendance of tourism as among the top drivers of economic development, ranking second for the first 6 months of 2023 is a result of the Marcos Administration’s prioritization of the industry, noting its vital contribution to the country’s progress. Government economic data revealed that from […]
The Department of Trade and Industry (DTI), in partnership with the Philippine Bar Association, held the 1st eCommerce Congress recently at the Philippine International Convention Center. The event brought together government officials, members of the business sector, civil society organizations, and other stakeholders to pursue the overarching goal of strengthening the eCommerce industry in the […]
Senator Win Gatchalian lauded President Rodrigo Duterte for signing a landmark law that would put innovation at the center of the country’s national development policies and making innovation a major driver of economic development. President Rodrigo Duterte signed into law the Philippine Innovation Act (Republic Act 11293), which aims to establish a resilient national culture […]