Use oil, gas revenue to fuel town’s growth, Duterte tells officials

Marc Eric Cosep 05/19/2018

President President Rodrigo Duterte called on officials of Alegria town in southern Cebu to plan the municipality’s development amid the imminent launching of oil and gas production in one of their barangays. Clad in dark polo shirt…

Experts bet on tourism, ICT to propel CV growth in 2018

Rosalie O. Abatayo 04/27/2018

CV economy slows down by 5.1% in 2017 Although Central Visayas experienced a slower growth rate in its economy in 2017, the government’s economic experts are optimistic that the region’s economy will bounce back this year with…

Business leaders: Sustaining growth is now the challenge

Jose Santino S. Bunachita 01/23/2018

PH Economy expands 6.7% in 2017 Business leaders in Cebu welcomed the 6.7 percent growth rate registered by the country’s gross domestic product (GDP) for 2017, as reported by the National Economic Development Authority (NEDA) yesterday. But…

DTI upbeat on growth of manufacturing sector

Victor Anthony V. Silva 11/30/2017

  Following the impressive growth of Philippine manufacturing during the first nine months of 2017, the Department of Trade and Industry (DTI) expressed confidence the sector will continue to outperform its Southeast Asian neighbors amid rosy business…

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…

BPI to open more branches to keep pace with Cebu’s growth

Victor Anthony V. Silva 10/24/2017

CEBU’S booming economic landscape and thriving business community have prompted Ayala-led Bank of the Philippine Islands (BPI) to open more branches in Cebu this year. This is to take advantage of the opportunities that go along with…

Neda sees about 7% GDP growth for 2017

Inquirer.net 09/21/2017

THE country’s chief economist has anticipated a full-year gross domestic product (GDP) growth hitting the middle of the government’s 6.5–7.5 percent target. “If we hit close to the midrange we’ll be happy with that, higher or lower…

Billions of pesos of infrastructure projects seen to fuel growth in Cebu

Victor Anthony V. Silva and Rosalie O. Abatayo 08/26/2017

Connectivity, real estate and growth New access to connectivity projects are expected to spur economic growth in Cebu City and Cebu province and also seen to fuel growth to the real estate industry especially in the countryside.…

Economic growth slows to 6.5%

Inquirer.net 08/17/2017

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…

BSP lists financial markers to back economic growth in the Visayas

Victor Anthony V. Silva 08/16/2017

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…

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