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Money Matters

Tesda to offer free skills training to returning OFWs, says exec

The Technical Education and Skills Development Authority (Tesda) said that it will provide free skills training to returning Overseas Filipino Workers (OFWs) who worked in foreign countries affected by crisis or those who have problems with their employers abroad. Tesda Director General, Secretary Guiling “Gene” Mamondiong said that the free ...

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Normin Mentor ME launch records 984 participants

Roughly 984 potential and start-up entrepreneurs attended the Kapatid Mentor ME (KMM) program launching done in four of Region 10’s provinces – Bukidnon, Camiguin, Lanao del Norte and Misamis Occidental – on March 24, 27, April 5 and 6, respectively. The launching and the modules under the Mentor ME Phase ...

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6 foreign investors eye Davao city for shipbuilding, housing

DAVAO CITY, Philippines – A city official announced Wednesday that there are six foreign investors who recently inquired details for possible investment in the city. Davao City Investments and Promotion Center Acting Head Lemuel Ortonio said there are two Chinese, two Japanese, a Malaysian, and a Korean investors who approached ...

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Trade dep’t SME roving academy visits Lanor town

By Nora C. Sorino, GSD Iligan Bureau Chief and Sita Asequia, Correspondent ILIGAN City – THE Department of Trade and Industry recently visited Linamon, Lanao del Norte for its Small Medium Enterprise (SME) Roving Academy to conduct various trainings that would benefit entrepreneurs. According to the DTI under Iligan City ...

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Misor guv expects boost in revenues from tobacco firm

By Shiela Mae Butlig, Correspondent THE provincial government of Misamis Oriental is expeting a boost in its revenues this year by P700 million pesos from exise tax from a tobacco firm. This after it was disclosed that Philip Morris Fortune Tobacco Company (PMFTC) has P700 Million excise tax that will ...

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Butuan plans to loan P10b for Masao port project

By Ben Serrano, Correspondent BUTUAN City- The local government under leadership of contractor and City Mayor Ronnie Vicente Lagnada plans for a P10-billion loan for Masao Port Project in Barangay Masao, Butuan City. Butuan City information officer Paul Gogo said the present city administration under Mayor Lagnada found it necessary ...

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Power firm’s hydro plants receive ISO certification

DAVAO CITY – Aboitiz Power Corporation (AboitizPower) subsidiaries Hedcor Sibulan, Inc. and Hedcor Tudaya, Inc. are the first companies in the Philippines to be at par with the new international Asset Management standard. TUV-SUD, an internationally accredited certification body audits the compliance of an organization with international standards, recommended the ...

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