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Our Gross Domestic Product (GDP) posted a 6.6 percent growth in the fourth quarter of 2017. With the GDP growing by 6.4 percent in the first quarter, 6.7 percent in the second quarter and the adjusted 7.0…
Infrastructure projects to spur property development in this ‘gateway city’ to Cebu Mandaue City is already a favorable destination for investors as it is, with proximity to the Mactan-Cebu International Airport and Cebu International Port being one…
An official of the Philippine Exporters Confederation, Inc. (Philexport) in Cebu sees bright prospects for the export sector in 2018 on the back of the country’s robust economic performance, among other factors. Federico Escalona, executive director…
The 50th Asean Summit had just been concluded in Manila. It turns out that much of the news that came out of the summit were not so much about the substance of the talks that transpired in…
The proposed bill facilitating ease of doing business in the Philippines is expected to propel the country’s economy to greater heights, even exceeding the performance of its neighbors in the Asean region. This was the optimistic…
The country’s Finance chief was confident that the economic reforms being introduced by the Duterte administration will bring about “irreversible achievements” that will benefit more Filipinos. “I assure you: this is an exciting economic story, and it…
SECOND QUARTER OF 2017 Economic growth slowed to 6.5 percent year-on-year in the second quarter despite a boost from government spending on public goods and services as private sector investments lagged behind, the government reported Thursday. The…
INCREASING available financial resources and stable inflation were seen to support sustained economic expansion in the Visayas for 2017, an official of the Bangko Sentral ng Pilipinas (BSP) said. Rosabel Guerrero, director of the BSP’s department of…
THE head of the Duterte administration’s economic team on Wednesday sought private sector support for the comprehensive tax reform program to fund the ambitious infrastructure buildup plan as well as other socioeconomic programs aimed at slashing poverty.…
While President Rodrigo Duterte’s second State of the Nation Address (Sona) may have hit the right notes for Cebu’s businesses, there were some things local industry leaders wished they heard from his speech last Monday. Melanie…
These past weeks, my inbox had been inundated with warm congratulatory messages from credit union and co-op leaders and professionals across the Caribbean and North America forwarded to the newly elected board and executive team of the…
THE Philippines, together with Myanmar and Vietnam, is expected to post the fastest economic growth in Asean mainly on the back of rosy domestic prospects, the research arm of the Fitch Group said Tuesday. In a report…
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