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…

House panel may step into SSS execs’ stock trading mess

Inquirer.net 11/19/2017

The House committee on good government and public accountability is poised to investigate the alleged profiteering of Social Security System (SSS) senior executives through stock trading. “If the resolution filed by Congressman Carlos Zarate is referred to…

Programs identified where government can invest funds for MSMEs

Victor Anthony V. Silva 11/16/2017

  Local business stakeholders have identified priority programs the government should invest in more following the announcement of President Rodrigo Duterte to pour more funds to support the country’s micro, small and medium enterprises (MSMEs). Cebu Chamber…

BSP sees October inflation at 3.2–3.7 percent

Inquirer.net 10/30/2017

THE Bangko Sentral ng Pilipinas on Monday said it expects inflation in October within the range of 3.2–3.7 percent to possibly hit an almost three-year high. Citing the projection of its Department of Economic Research, the BSP…