Edge Davao 5 Issue 260

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P 15.00 • 26 PAGES

VOL.5 ISSUE 260 • WEDNESDAY, MARCH 6, 2013

EDGEDAVAO

www.edgedavao.net

Welcome to Davao, delegates!

Serving a seamless society

RETAIL SAVVY. A lady scans an array of ready-towear clothes in the sidewalk where blouses and other dresses are being sold at very affordable prices along Magsaysay Avenue, Davao City yesterday. Lean Daval Jr.

Indulge

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One Fab Pooch Sports

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Cash and cars in Phoenix Open

Follow Us On

MICECon is on By EJ Dominic Fernandez

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AVAO CITY rolls out the red carpet to over 500 delegates attending the 2013 International Conference on Meetings, Incentives, Conventions and Events/Exhibitions (MICE Con) today at the SMX Convention Center in SM Lanang Premier. The event which will be held until March 9 carries the theme--iMICE2013, iGNITE, iNNOVATE, iNSPIRE, iNFUSE. MICE Con will feature different ac-

tivities including a plenary session, a tour around the city’s much-vaunted tourist destinations for international delegates, the MICE Marketplace, an industry showcase of various products and services, and MICE Mart a business-to-business event for local sellers and international buyers. A battery of 11 speakers, mostly foreign experts, will talk on the recent

FMICECON, 9

Opinion surveys vital for May elections: IPO T

HE University of Mindanao Institute of Popular Opinion (IPO), a survey institute based in Davao City yesterday stressed the importance of political surveys in the May mid-term elections. IPO director Dr. Maria Linda Arquiza, during the regular meeting of Rotary Club East Davao, said that public opinion polls are very useful in tracing

people’s views on important social issues, especially in assessing people’s preferences in political races and predict election results. According to Arquiza, it is not yet final, but UM-IPO will be conducting a survey on senatorial candidates, however, they will avoid surveys on local candidates.

FOPINION, 9

Free in today’s issue

EDGEDAVAO VOL.5 ISSUE 260 • WEDNESDAY, MARCH 6, 2013

Retai ling

Retail: Force behind Davao’s economy By Greg G. Deligero [Editor’s Note: As we mark the 5th year anniversary of Edge Davao, we are running a series of special supplements which will feature the top 5 economic drivers of Davao City—property development, agribusiness, tourism, wholesale and retail and the Information Communication Technology-Business Process Outsourcing (ICT-BPO). This issue focuses on Retail Industry.]

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ONSIDERED as one of the key economic growth drivers in Davao City, the retail industry has dominated the field of commerce and trade in terms of tax revenue and employment. Retail is the sale of goods and services from individuals or businesses to the end-user. Retailers are part of an integrated system called the

supply chain. A retailer purchases goods or products in large quantities from manufacturers directly or through a wholesale, and then sells smaller quantities to the consumer for a profit. Data obtained from the City Treasurer’s Office covering June-December 2011 to January-July 2012 showed that retailers contributed

FRETAIL, S6

Inside SM Lanang Premier

Page 2 SM Ecoland

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NCCC

Page 8 Abreeza

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