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Biz leader bullish on Davao City economy in 2019
Manila, Jan. 1 -- The local economy will continue to grow this year with the service industry and tourism as its main drivers. This was according to Arturo Milan, president of the Davao City Chamber of Commerce and Industry, Inc. (DCCCII), who described this city's economic prospects for 2019 as "very positive." Milan noted that 2018 has been "a very strong year for Davao but the best is yet to come in the coming year." "I would say the service sector will still be the growth driver because of the property boom that we are having right now," he added. Milan also sees the tourism sector as another engine of growth because of the increasing attractiveness of the city to both domestic and foreign tourists. In particular, he said tourism has be...
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