Trade deficit widens as imports increase

Inquirer.net 02/11/2018

A SUSTAINED double-digit jump in imports and a continued decline in merchandise exports widened the trade deficit to a record-high $4.02 billion in December. Preliminary data released by the Philippine Statistics Authority (PSA) Friday showed that the…

IS CEBU READY FOR CHINESE TOURISTS?

Chris Evert Ruffolo 02/10/2018

The arrival of Chinese tourists in Cebu and neighboring areas in Central Visayas continue to increase, data from the Department of Tourism in the region (DOT-7) showed. However, given the influx of Chinese tourists, fueled by the…

INCREASE IS FROM P2-P3 PER LITER: OIL PRICES HAVE RISEN

Futch Anthony Inso, Jose Santino S. Bunachita 01/29/2018

Citrasco mulls P10 fare hike instead of P12.50; higher bus fare starts Feb. 1 As early as the second week of January, rent-a-car driver Dexter Lalican already observed an increase in the price of petroleum products in…

Uber PH joins queue to increase ride share fees

Inquirer.net 01/29/2018

UBER Philippines is seeking increased fare for its popular affordable vehicle category as drivers feel the pinch of higher fuel prices and new regulations. The move came after rival Grab also sought to increase fare earlier this…

CEBU BUS FARE INCREASE LOOMS

Jessa Mae O. Sotto, Morexette B. Erram 01/15/2018

TRAIN LAW EFFECT There are many travel options for anyone bound for San Remigio, a third-class town 80 kilometers northwest of Cebu City, For Riva Masbate, taking the bus is the most budget-friendly. But the weekly trip…

LAND VALUE TO INCREASE

Cris Evert Lato-Ruffolo, Jose Santino S. Bunachita 01/09/2018

The failure of the Bureau of Internal Revenue (BIR) to revise zonal values for land over the past 12 years will soon take its toll on taxpayers in Cebu. BIR-13 is expected to implement a revised zonal…

TRAIN AND THE POOR

Cris Evert Lato-Ruffolo, Doris Mae C. Mondragon 01/04/2018

Cebu economist: Train Law will not benefit the poor Daisy, 21, works for a mall in Cebu City with a minimum daily wage of P366 or P8,064 monthly salary for working 24 days in a month. The…

TRAIN LAW JITTERS

Cris Evert Lato-Ruffolo, Jose Santino S. Bunachita 01/03/2018

Public wary of transport group’s plan to push for P6 fare hike, shocked over soft drinks’ price increase High school teacher Arnel Cortes takes a jeepney from his home in Barangay Guizo, Mandaue City and then rides…

AboitizPower capacity to increase by 500 MW

PSE EDGE 12/06/2017

ABOITIZPower is set to add some 500 megawatts of attributable capacity in 2018, coming from the completion of several hydro and base load plants in Luzon, Visayas, and Mindanao. In a briefing to analysts last Tuesday, AboitizPower…

Taxi fare increase

Chris A. Ligan, Nestle L. Semilla 10/04/2017

A taxi commuter will soon be paying at least P175.00 from the current charges of at least P150.00 for a 10-kilometer ride to his destination plus travel time charges due to traffic congestion. The Land Transportation Franchising…

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