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Construction of New International Port in Consolacion may begin in 2020

Rosalie O. Abatayo 08/05/2020

CEBU CITY, Philippines — Groundworks for the construction of the P10.1-billion New Cebu International Container Port (NCICP) in Tayud, Consolacion may begin before 2020 ends if schedules for the consultancy work will come as planned. Cebu Port…

HRRAC says Cebu is ready for international arrivals

Rosalie O. Abatayo 08/04/2020

CEBU CITY, Philippines — For the accommodation sector in Cebu, it is already high time to accept international arrivals here in order to promote economic recovery. In a letter dated August 4, 2020, the Hotel, Resort and…

Worse than expected: Pandemic pushed PH GDP into deeper 8 percent dive, says Moodys

Ben O. de Vera - Reporter / @bendeveraINQ 08/03/2020

The research arm of debt watcher Moody’s Investors Service is projecting an 8-percent dive in the Philippines’ gross domestic product (GDP) during the second quarter of 2020 largely as a result of one of the world’s most…

Direct flight from Cebu to Qatar resumes operations

Morexette Marie B. Erram 08/01/2020

MOALBOAL, Philippines — As the Philippines and other countries in the world slowly reopened their borders in a bid to revive the health of the economy, some long-haul international flights from Cebu have also resumed operations. Airport…

Project Balik Buhay goal: Safer workplaces

Delta Dyrecka Letigio 08/01/2020

CEBU CITY, Philippines — The Project Balik Buhay (PBB) of Metro Cebu will work on ensuring that workplaces are safer for workers against the coronavirus disease 2019 (COVID-19). The project aims to provide a road map for…

Huawei overtakes Samsung as top smartphone seller–report

Associated Press 07/31/2020

LONDON — A technology research firm says Huawei has overtaken Samsung to become the world’s biggest smartphone seller, as its home market in China emerged from the coronavirus pandemic better off than other economies. Analysts at Canalys…

P83,239: Each Filipino’s share of P9.05T debt as of end-June

Ben O. de Vera - Reporter / @bendeveraINQ 07/30/2020

Each of the estimated 108.7 million Filipinos carries the burden of paying the national government’s growing debt, which amounted to a new record-high of P9.05 trillion as of June which means if we wanted to pay now,…

Ecozone job vacancies top 40,000

Roy Stephen C. Canivel - Reporter / @roycanivel_inq 07/30/2020

The Philippine Economic Zone Authority (Peza) has launched an online job expo offering more than 40,000 openings across the country and included work-from-home call center positions. The move is aimed at helping stem the worsening unemployment, which…

At least 92 Cebu City businesses to close down due to losses from COVID-19 restrictions

Ador Vincent Mayol 07/28/2020

CEBU CITY –– At least 92 traders here have expressed their intent to shut down businesses due to losses incurred while strict restrictions were implemented by the government to contain the spread of the coronavirus disease (COVID-19).…

In Q1 2020, construction activities in CV generated P8B

Morexette Marie B. Erram 07/25/2020

CEBU CITY, Philippines — Construction activities in Central Visayas generated a total value of P8 billion during the first three months of 2020, state statisticians reported. The Philippine Statistics Authority (PSA), in their Construction Statistics from Approved…

Biz group: Mandaue on its way to recovery

Morexette Marie B. Erram 07/24/2020

CEBU CITY, Philippines — Economic activities in Mandaue City are slowly helping the city on its road to recovery, a business group here said. In a press release issued by the Office of the Presidential Assistant for…

MSMEs All Geared to Bounce Back Stronger with SM

PR 07/22/2020

SM puts the spotlight on its thousands of micro, small and medium enterprise (MSME)-partners through its campaign “Kasama ng SM,” a collective effort across the company to provide immediate and long-term solutions to help businesses bounce back…

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