GRDP of Davao Region up 5.9% in 2021: report

ECONOMIC experts in the Davao Region believed its economy has slowly bounced back after it grew by about 5.9% last after it shrank by 7.5% the previous year due to the impact of the pandemic.

In a press conference last week, Regional Director Ruben Abaro Jr. of the Philippine Statistics Authority, said the significant uptick in the gross regional domestic product was brought about by the growth in key sectors, but agriculture and related segments of the sector have been lackluster in perfor