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CEBU CITY, Philippines – Cebu’s economy is expected to experience significant growth after a potential foreign business investor proposed a collaboration with the province. The South African Ambassador to the Philippines, H.E Bartinah Ntombizodwa Radebe-Netshitenzhe, revealed the…
Over the last decade, the use of artificial intelligence (AI) expanded steadily, though often unnoticed. Now, with generative AI tools becoming more accessible, people are becoming more aware of AI’s potential, and this trend is expected to…
Berlin – President Ferdinand Marcos Jr. has successfully obtained over $4 billion in foreign investments from German companies to enhance collaboration in healthcare, information technology, agriculture, and manufacturing sectors in the Philippines during his recent visit to…
MANILA (Reuters) – Private equity firm KKR & Co will invest $400 million in telecoms tower operations and expansion in the Philippines, the U.S. Department of Commerce said on Wednesday, among a slew of deals in a…
CEBU CITY, Philippines — The inflation rate in Central Visayas has increased by 0.2 percent in February 2024 compared to January. This was presented by Engineer Leopoldo Alfanta, Jr., chief statistical specialist of the Philippine Statistics Authority…
MANILA, Philippines — Drivers will see a small decrease in fuel prices this week as local oil companies are reducing gasoline prices by P0.50 per liter, diesel by P0.25 per liter, and kerosene by P0.30 per liter…
President Ferdinand Marcos Jr.’s visit to Washington last year has resulted in the US government organizing its first Presidential Trade and Investment Mission to the Philippines. Led by US Secretary of Commerce Gina Raimondo, the mission includes…
MANILA, Philippines — The Department of Trade and Industry announced that a “high-level” US trade delegation is arriving next week to enhance “commercially meaningful partnerships.” According to DTI Foreign Trade Service Officer Jollan Llaneza, the delegation, led…
Three major power companies in the country have come together to launch a $3.3-billion (P184.89 billion) deal to build the Philippines’ inaugural and most extensive liquefied natural gas (LNG) facility in Batangas province. This initiative aims to…
CEBU CITY, Philippines – After Panay Island experienced a power outage in early January 2024, concerns about similar blackouts have arisen in Cebu province and nearby areas. Cebu is a major hub for power consumption in the Visayas…
CEBU CITY, Philippines – It’s a race against time to ensure that Cebu has a sufficient power supply in the next two years. Unless it has a new power plant soon, Cebu, the economic and commercial hub…
CEBU CITY, Philippines – Cebu City taxpayers can now avail of services of the Office of the City Assessors (OCCA) through an online portal according to OCCA’s computer division head. Nelyn P. Sanrojo, OCCA’s computer division head,…
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