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Railway to propel Davao city as premier commercial hub in Mindanao

Published March 8, 2021, 4:04 PM
DAVAO CITY – Newly elected Davao City Chamber of Commerce and Industry Inc. (DCCCII) president Maria Lourdes Monteverde said the Mindanao Railway Project (MRP) will enhance the role of this city as the premier commercial hub and center for education and health services in Mindanao.
Monteverde said in a statement that the business community here is anticipating the construction of the first phase of the railway project which will run from Tagum City to Digos City via Davao City (TDD Line).
She said the project will stir economic activities and encourage the establishment of more logistics hubs within the region that are considered critical in the time of pandemic. ....

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Trends and tips

John Tria
In this week’s column we examine trends and forecasts to encourage entrepreneurs to examine areas of growth as we recover. The lower GDP contraction in the fourth quarter of 2020 shows a continuous trend of recovery. We look at trends because they help us see how and where things are going which matters more than where we came from.
To expand and drive recovery even further, we need to push for economic reforms currently pending in congress that can strengthen our economy, expand our economic openness for investments, to make us competitive with our neighbors in the desire for investments and recovery. ....

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