UAE Non-Oil Business Activity Surges to Nine-Month High in December

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 The United Arab Emirates' non-oil private sector recorded its fastest expansion in nine months in December 2024, buoyed by strong domestic demand and increased business activity, according to the latest S&P Global Purchasing Managers’ Index (PMI) report. PMI Highlights Robust Growth The seasonally adjusted UAE PMI climbed to 55.4 in December from 54.2 in November, signaling robust growth well above the 50.0 threshold that separates expansion from contraction. This marked the third consecutive monthly increase, underscoring sustained recovery in the non-oil sector. Key drivers of growth included a notable rise in new business activity. The new orders subindex rose sharply to 59.3 in December from 58.0 in the previous month, reflecting strong domestic demand. Challenges Amid the Growth While domestic demand flourished, export growth slowed, with the export orders subindex dropping to a seven-month low. Additionally, businesses faced mounting backlogs due to capacity constraints,...

Northern Samar Province's Pili Nut Showcased at International Food Exhibition in Dubai

 

Northern Samar

Northern Samar Province's pili nut has recently made waves in the international food scene after it was featured at the International Food Exhibition (IFEX) held in Dubai from February 20 to 24, 2023. The province's Governor, Edwin Ongchuan, and his wife, Bles, represented the province and joined the Philippine team of exhibitors at the event.

According to a statement released by the provincial government, locally-produced pili nuts were among the food, snacks, drinks, and organic Filipino flavors showcased by the couple at the Dubai World Trade Center. The inclusion of Northern Samar's pili nuts in the selection of food products showcased at IFEX is a testament to the quality and taste of the product.

Northern Samar is known for its variety of pili trees, which were brought to the island by birds coming from the Bicol Region. These birds fed on pili nuts and left their droppings on the nearest part of Samar Island to Sorsogon, which happens to be Northern Samar. As a result, the province has become one of the major producers of pili nuts in the country.

Pili nuts are a rich source of nutrients, including protein, fiber, and healthy fats. They are also packed with essential minerals such as calcium, magnesium, and potassium. The nut's unique taste and texture make it a popular snack and ingredient in many dishes.

The inclusion of Northern Samar's pili nut in IFEX is a significant milestone for the province's agriculture industry. The international exposure gained from the event can help boost the demand for the product and open new markets for Northern Samar's pili nut producers.

Aside from its delicious taste, the pili nut also offers various health benefits. It is known to lower cholesterol levels, promote digestive health, and aid in weight loss. With the increasing demand for healthy snacks and ingredients, Northern Samar's pili nut is poised to become a sought-after product in the global market.

Finally, Northern Samar's pili nut has proven to be a product of exceptional quality and flavor. Its inclusion in the IFEX is a significant accomplishment for the province's agriculture industry, and it can help propel its growth in the international market. The pili nut, with its health benefits and distinct flavor, has the potential to become a popular snack and ingredient all over the world.

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