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Innovation Council to propel ICT sector to greater heights

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New business organization to focus on sustaining industry’s growth Cebu’s growing Information and Communications Technology (ICT) industry is expected to scale “ greater heights” with the creation of a business organization focusing on sustaining the sector’s growth. The Innovation Council of Cebu (ICC), a brainchild of the Cebu Chamber of Commerce and Industry (CCCI), is […]

Posted: March 16th, 2017 in Enterprise | Read More »

Improve ease of doing business, gov’t urged

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Biz chiefs laud PH’s 12-notch jump in Index of Economic Freedom survey The Duterte administration is encouraged to improve policies to facilitate the ease of doing business and create efficiency in government bureaucracy. This is to sustain the economic gains in the country as shown in the increase in rank of the Philippines in the […]

Posted: February 22nd, 2017 in Enterprise | Read More »

Exporters urged: Get ready for the rebound

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Philexport Cebu official shows guarded optimism on sector’s growth, gives advice As the country’s export sector faces challenging times, local businessmen are encouraged to prepare themselves when the rebound will happen in the industry. Federico Escalona, Philippine Exporters Confederation, Inc. (Philexport) Cebu executive director, said this amid guarded optimism on the export sector’s positive performance […]

Posted: February 20th, 2017 in Enterprise | Read More »

SUSTAINING HOUSING SECTOR’S GROWTH

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Gov’t urged to address bureaucracy, corruption Property developers, who see a sustained momentum in the country’s construction business, are asking the government to address the issues in the housing industry such as bureaucracy and corruption, so that the sector can continue to grow. Christopher Narciso, national president of the Subdivision and Housing Developers Association (SHDA), […]

Posted: February 12th, 2017 in Enterprise | Read More »

Economic outlook

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The three-part series on Cebu’s business outlook for this year, with a glimpse into the next few years, looks good at least on paper since, as everyone knows by now, anything can happen between what is set by government planners and what will be decided on by foreign and domestic finance institutions that provide the […]

Posted: January 5th, 2017 in Opinion | Read More »

Inequality, poverty, and the economy

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As we started the new administration, there had been some glee when the president mentioned in his first State of the Nation Address that he would continue the macroeconomic economic policies of the previous administration. To recall, the Philippine economy grew by 6.1 percent annually in the last six years following the same economic policies […]

Posted: December 1st, 2016 in Opinion | Read More »

Pilmico empowers Cebuanos via sustainable livelihoods

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Beneficiaries receive piglets, egg machines and bakery kits Driven by its vision to be Partners for Growth, Pilmico – the food subsidiary of Aboitiz Equity Ventures Inc. – continues to champion backyard farming and sustainable livelihoods in the country through its donation of piglets, egg machine and bakery kits in Cebu. More than 500 Cebuanos […]

Posted: May 22nd, 2016 in Community | Read More »

Gov’t revises growth estimate

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The Philippine Statistics Authority yesterday revised the gross domestic product (GDP) growth figure for the last quarter of 2015 to 6.5 percent from the previously reported 6.3 percent. “This was due to upward revisions in Electricity, Gas & Water Supply; Public Administration and Defense; Transport, Storage & Communication, Financial Intermediation; Trade; and, Mining & Quarrying,” […]

Posted: May 18th, 2016 in Enterprise | Read More »

‘Respectable’ growth puts PH among fastest in Asia

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Gross domestic product expands by 5.8 percent in 2015 The economy expanded in the last quarter of last year by 6.3 percent, the highest quarterly growth for 2015. This brought the average full-year gross domestic product (GDP) growth to 5.8 percent, the Philippine Statistics Authority (PSA) said yesterday. This is lower than the government target […]

Posted: January 28th, 2016 in Enterprise | Read More »