News

ARMM Approves P32 Million Cold Storage And Fish Processing Investment In Tawi-Tawi

  Mar 27, 2017    

The Regional Board of Investments (RBOI) in the Autonomous Region in Muslim Mindanao (ARMM) approved today the application for registration of Abing Seafoods and Cold Storage (ASCS). The company based  in Bongao, Tawi-Tawi  will engage in a Php 32 million marine resource business. The ASCS  is into responsible and rational buy and sale of various commercially important fishery resources in Tawi-Tawi for local and international markets.
 
The company will also be into processing which includes packing and cold storage operation for fresh, ice-chilled and   frozen  fishery products.  Marine export goods will be shipped to clients in China, Singapore and Hongkong who will rely on Abing as their source of   raw materials. Abing’ s fishery export products  will be showcased into various dishes in the homes, restaurants and hotels in these countries.
 
The...

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ARMM To Study Best Practices For Ethical Investments In Bukidnon

  Mar 5, 2017    

Cotabato City. Despite the continuing risks in the Autonomous Region in Muslim Mindanao (ARMM), it has lately for the past years been enjoying a spurt in investments. Its biggest foreign investments took place in 2015 with Unifrutti’s P3.7 billion banana plantation in Maguindanao Province.
 
A delegation from the ARMM regional government led by the Regional Board of Investments (RBOI) will be attending a study visit in Bukidnon on March 6 to 9, 2017 to be facilitated by the Hineleban Foundation Inc. (HFI). The HFI has worked with Unifrutti Philippines Inc. on ethical investment practices.
 
The educational trip is part of the capability building component of the Brokering Business Investments in the Bangsamoro to Achieve Inclusive Development and Growth or the BRIDGe...

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Piracy In Sulu Sea Affects ARMM International Trade And May Setback Peace Process

  Feb 23, 2017    

(Polloc Port, Parang, Maguindanao, February 23, 2017). Piratical attacks in the Sulu Sea have began to affect international trade in Polloc Port that serves as the main gateway for international trade in the Autonomous Region in Muslim Mindanao (ARMM).
 
According to ARMM Regional Board of Investments (RBOI) chairman Ishak Mastura reports have reached their office from the port management and ARMM investors that international shipping to Polloc has been put on hold due to piracy in the Sulu Sea. 
 
"While we mourn the tragic loss of life and empathize with those abducted, we are deeply concerned that the bane of piracy in the Sulu Sea has affected our international trade leading to revenue losses for the ARMM regional government, which owns and operates Polloc Port," Mastura said in reaction to the latest piracy incident. 
 
The latest piratical attack which...

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ARMM Ports And Airports Now Among Priority BIMP-EAGA Projects

  Feb 7, 2017    

Select ARMM ports and airports have been included for the first time in the project list of the Philippines for the BIMP-EAGA Vision 2025 (BEV 2025).
 
Mindanao Development Authority (MinDA) as head of the secretariat of the Philippine contingent to the BIMP-EAGA planning meeting on January 31 to February 3, 2017 in Jakarta, Indonesia invited the ARMM to participate in the meeting. 
 
ARMM’s participation took place after a long hiatus from the BIMP-EAGA scene.
 
This is due to the efforts of MinDA chair, Secretary Abul Khayr Alonto, who made sure that ARMM is part of the Duterte administration’s renewed efforts to push the BIMP-EAGA agenda for economic...

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ARMM Opens Cross-border Trade With BIMP-EAGA

  Jan 31, 2017    

 
Responding to the announcement by the Mindanao Development Authority (MinDA) that cross-border trade with Sabah, Malaysia will be resumed starting February 1, 2017, the Autonomous Region in Muslim Mindanao (ARMM) is sending a delegation to the 2017 Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) Strategic Planning Meeting in Jakarta, Indonesia from January 30-February 3, 2017 as part of its commitment to the Philippine contingent to reciprocate by agreeing to open cross-border trade between ARMM and all BIMP-EAGA countries.  
 
Malaysia suspended since last year cross-border trade between Sabah and ARMM’s island provinces due to security concerns in the Sulu Sea wherein piracy and kidnap for ransom activities proliferated. But as security measures have been improving,...

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