Edge Davao Volume 12 Issue 170 | Tuesday, November 5, 2019

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EDGEDAVAO Serving a seamless society

VOL.12 ISSUE 170 • TUESDAY, NOVEMBER 5, 2019

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Task Force Davao personnel pile sacks of relief goods awaiting to be delivered to quake-affected areas in Davao del Sur and North Cotabato at Task Force Davao headquarters inside Sta. Ana Port compound, Davao City on Monday. Lean Daval Jr

BACKTRACK

Earthquakes seen to suppress growth in Davao, says Mindanao economist By MAYA M. PADILLO

W

ith the recent earthquakes that hit Davao Region and municipalities and cities in Region 12, a tempered growth of the economy of the region and other areas in Mindanao is expected.

This is the personal assessment of economist Adrian Tamayo, head of the Public Relation Division of the Mindanao Development Authority (MinDA) and former executive director of the University of Mindanao

Institute of Popular Opinion (UM-IPO). However, Tamayo stressed that overall, Mindanao’s growth won’t be largely be affected. He said increase in purchases is expected for the remaining quarter up

to second quarter of next year, which will largely be on food, personal and household consumable items. Tamayo added that construction items purchase is expected to spike by �irst quar-

ter of the next year due to rehabilitation and or reconstruction of damaged infrastructures and facilities. He added that this will signal the industries to return to normal oper-

BACKTRACK, P9


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