Investments soared in the Autonomous Region in Muslim Mindanao (ARMM) to a whopping Php 7.8 billion from January 2015 to the present despite the Mamasapano tragedy, which happened a year ago on January 25, 2015. On that date, the police Special Action Force (SAF) on a mission to Mamasapano, Maguindanao to arrest a high-value police target, Marwan Zulkifli bin Hir, had an encounter killing more than 60 people, including 44 of the elite force wiping out their entire SAF company almost to the last man except for a lone survivor, and 18 from a mixed group of guerilla fighters.
Despite BBL Uncertainty And Mamasapano Tragedy, ARMM Investments Up With P1.3-B Oil-palm Project In Maguindanao
(COTABATO CITY. December 9, 2015.) The Regional Board of Investments - Autonomous Region in Muslim Mindanao (RBOI-ARMM) has recorded a Php6.5 billion total investments this year exceeding 900% of its 2015 agency target of Php 700 million. This 2015, is the best year ever since the region has generated the highest value of investments in the 26-year history of ARMM. This was reported by RBOI yesterday during the Year-End Meeting of the ARMM Cabinet -Economic Growth and Linkages (EGL) Cluster held in Cotabato City presided by cluster head RBOI Chairman, Atty. Ishak V. Mastura.
This year, RBOI approved eight (8) investment projects. Al-Sahar Agri Ventures Inc. is the biggest investor to develop a Php 3.7 billion cavendish banana plantations in Maguindanao. Second is Chan C. Mining Incorporated which invested Php742 million for a mining and quarrying of nickel ore project ...
The Asia-Pacific Economic Cooperation (APEC), a forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region, is holding in Manila on November 12, 2015 the APEC High Level Dialogue on Inclusive Business with the theme “Building Inclusive Economies, Building a Better the World”.
Upon the initiative of the Philippines, country host for the APEC this year, the “Inclusive Business Model” officially becomes part of the APEC agenda during the high level dialogue.
The Department of Trade and Industry – Board of Investments describes the “inclusive business model” as a commercially viable and innovative private sector approach that provides – either at scale or scalable – goods, services, or livelihood opportunities for the low...