PH investment grade affirmed, but gov’t warned of overheating economy

Inquirer.net 07/18/2018

INTERNATIONAL credit watcher Fitch Ratings on Wednesday affirmed the Philippines’ creditworthiness at two notches above the minimum investment grade, saying the country continues to enjoy a favorable economic outlook and low government debt levels. At the same…

Job-skills mismatch causing losses to economy, says exec

Rosalie O. Abatayo 05/17/2018

Cebu economy is losing about P80 million because of unfilled job vacancies. This is according to Wesley Chiongbian, Mynimo.com CEO during a press briefing on Thursday. Chiongbian said he based his figure on a Mynimo informal study…

Pernia: This will cost economy P1.96B

Inquirer.net 04/24/2018

Boracay’s 6-month closure  The six-month closure from tourists of Boracay Island starting Thursday, April 26, would cost the economy about P1.96 billion, which the country’s chief economist said Tuesday would be compensated for by an increase in…

Insurance firm banks on Cebu’s fast-growing economy

Jose Santino S. Bunachita 01/22/2018

WITH a low insurance penetration rate in the country, an insurance firm is aiming to bank on Cebu’s continued economic growth to expand their coverage. Global insurance company Allianz PNB Life is set to expand its agency…

The importance of health in the economy

Fernando Fajardo 01/11/2018

There’s a well-understood correlation that as the economy of a country improves, so the health of its citizens improves. What may be less obvious is that the opposite is also true — improving the health of a…

PH to remain fastest-growing economy in Asean — World Bank

Inquirer.net 01/10/2018

The World Bank expects the Philippines to sustain robust economic growth in the next three years even as public investments are seen as slowing down. “The Philippines will continue to be the fastest-growing economy in the Association…

Tourism, IT-BPM to continue to drive Cebu’s economy

Victor Anthony V. Silva 01/04/2018

(Second of three parts) The major economic drivers of Cebu and Central Visayas in 2017 like tourism, information technology-business process outsourcing and construction will continue to sustain the economic growth of these areas in 2018. Efren Carreon,…

Booming economy boosts employment in C. Visayas

Victor Anthony V. Silva 12/26/2017

LABOR FORCE SURVEY Central Visayas registered a higher employment rate in October this year compared to the same period in 2016 on the back of a booming regional economy and burgeoning tourism sector. Cyril Ticao, regional director…

Google DevFest 2017 focuses on programmers, startups

Elizah Dela Rosa 11/20/2017

What qualities are sought for by companies when hiring programmers? These are some of the questions raised during the 5th Developers Fest spearheaded by online search giant Google in its GDayX Cebu 2017 event held at JCentre…

Entrepreneur sees promise of goat farming venture

Victor Anthony V. Silva 11/19/2017

A fifty-six-year-old entrepreneur never intended his 10-hectare property to become what it is today — a growing, successful goat farm. In fact, Eddie Aguilar of Barangay Gunting in Barili town in southwest Cebu, had first intended to…

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