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News: Industry and Service sectors push growth of Davao Region - 05 Sep 2010
Davao Region’s economy accelerated to 5.4 percent in 2009 from 3.7 percent in 2008. The growth was mainly brought about by the accelerated growths of the Industry and Services sectors. Accounting for the largest share of the region’s economy in 2009 was the Services sector with a 41.2 percentage share, although this was lower than its 41.5 percentage share in 2008. The Industry sector meanwhile increased its share to 34.4 percent from 32.9 percent while AFF’s share decreased to 24.4 percent from 25.6 percent. 
Philippine economy manages a 1.1 percent growth*The Philippine economy remained resilient as it managed to grow by 1.1 percent in 2009 despite the adverse impact of the global economic crisis and the onslaught of super typhoons Ondoy and Pepeng which brought about massive destruction to agricultural production and infrastructures during the year. The growth, however, was a deceleration from the 3.7 percent performance achieved in 2008.  The accelerated growths in Mining and Quarrying, construction, finance, private services and government services cushioned the decline in manufacturing and agriculture and fishery.

*All the major industries slowed down in 2009 compared to 2008. Agriculture, fishery and forestry (AFF) posted zero growth in 2009 from 3.1 percent in 2008.  The industry sector contracted by 0.9 percent in 2009 from 4.9 percent in 2008 while the service sector decelerated from 3.1 percent to 2.8 percent.

Source: National Statistics Office
Posted By: PhilCTTIS Data Center 
 
Date  Title  Action
Article 
10 Oct 2010  BUSINESS DIRECTORY: ORGANIC, HERBAL & NATURAL PRODUCTS  View
03 Oct 2010  BUSINESS DIRECTORY: HOME FURNISHINGS  View
03 Oct 2010  BUSINESS DIRECTORY: WEARABLES  View
26 Sep 2010  List of State Universities and Colleges in Region XI   View
26 Sep 2010  DIRECTORY: Suppliers of IT & IT Enabled Services/Electronics  View
28 Aug 2010  Davao City Engineer Attends Strategic Sanitation Planning  View
22 Aug 2010  Other Hotels and Resorts in Davao  View
02 Aug 2010  The City of Pines Down South  View
25 Nov 2007  Hotels in Davao  View
21 Oct 2007  Opportunity in Business: ORGANIC & NATURAL PRODUCTS  View
21 Oct 2007  Opportunity in Business: FOOD  View
21 Oct 2007  General Information on Region XI  View
13 Oct 2007  Guide to Banana Processors & Exporters  View
12 Oct 2007  One Stop Export Documentation Center  View
03 Oct 2007  Guide to Banana Producers  View
03 Oct 2007  Guide to Durian Producers  View
01 Oct 2007  Guide to Durian Processors  View
25 Sep 2007  Shanghai-Davao fligths on the drawing board - DOT  View
25 Sep 2007  Travel, tour operators to develop new, competitive tour packages for EAGA  View
22 Sep 2007  Major products  View
22 Sep 2007  Festivals  View
30 Aug 2007  Travel, tour operators to develop new, competitive tour packages for EAGA  View
News 
01 Jan 2011  Australia to import Davao mangoes  View
15 Nov 2010  Philippines eyes China, Malaysia, Middle East as new export market for bananas   View
16 Sep 2010  Aboitiz opens Davao hydro plant  View
05 Sep 2010  Industry and Service sectors push growth of Davao Region  View
03 Sep 2010  Increase in Banana Production in Davao Region  View
31 Aug 2010  Major Fruit Crop: Calamansi  View
29 Aug 2010  3 cocoa post harvest centers worth P30 million set to open in Mindanao  View
12 May 2008  Filinvest Land to put up business hotel in Davao  View
10 May 2008  Aboitiz unit signs P3.6-B loan accord  View
20 Apr 2008  CBRE: No property slump, in RP; opportunity aplenty  View
25 Feb 2008  RP has 3rd fastest-growing air travel market  View
24 Nov 2007  CACAO FERMENTATION WILL ASSURE QUALITY  View
01 Nov 2007  PhilCTTIS BUSINESS DIRECTORY: Hotels in Davao del Sur  View
30 Aug 2007  Fisheries production up 35% in 1st semester  View
25 Aug 2007  Davao biz sector gears up for BIMP-Eaga forum  View
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