Plumeria pudica

Description: Plumeria pudica is a species of the genus Plumeria (Apocynaceae), native to Panama, Colombia and Venezuela. This profuse bloomer has leaves in the shape of a cobra's hood, and its flowers are white with a yellow center. 

Flowering and Fruiting: Almost throughout the year.

Economic Importance: Not only, Plumeria blossoms make a fragrant attractive addition to the home or garden, they have various medicinal uses, its root bark is used in the treatment of blennorrhagia, herpes and syphilis, latex from the stem is used for treating ulcers, dartre (skin diseases) and flowers are used in a complex pectoral syrup for treating chest coughs and grippe. In the ancient Indian healing science of Ayurveda, the oil of the plumeria is considered a warming oil and is thought to be effective in treating fear, anxiety, insomnia and tremors. 

Reference: https://en.wikipedia.org/wiki/Plumeria_pudica