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MANILA, Philippines — More economists are urging greater importation in view of expensive food that jacked up the inflation rate to a two-year high of 4.2 percent year-on-year in January. “Our priority right now is to ensure…
Repayments and a stronger peso slightly tempered debt accumulation in December last year, but the record recession coupled with a jump in borrowings to fight COVID-19 jacked up the share of unpaid obligations to the Philippine economy…
Just like a phoenix rising from the ashes, Metro Gaisano in Ayala Center Cebu reopened its doors last January 29 to offer an even better brand of service to Cebuano shoppers . Manuel Alberto, president and chief…
CEBU CITY, Philippines — A Cebu City councilor is asking the Department of Manpower Development and Placement (DMDP) to hold virtual job fairs for residents. In a resolution passed by the City Council this week, Councilor Alvin…
CEBU CITY, Philippines – The Philippines’ second-busiest airport has received accreditation from the international trade organization representing the world’s airport authorities. The Mactan Cebu International Airport (MCIA) was awarded the Airports Council International – Airport Health Accreditation…
Gaisano group-led retailer Metro Retail Stores Group Inc. (MRSGI) has carved P714.91 million out of its initial public offering (IPO) proceeds to build a new warehousing and logistics hub in Sta. Rosa City, Laguna province. “At present,…
MANILA, Philippines — Philippine companies are preparing for economic recovery and are prioritizing the use of technology to meet an expected uptick in business activity this year, but many face a shortage of financial resources needed to meet…
More than 916,000 enterprises registered and renewed their business names under the Department of Trade and Industry (DTI) last year, driven mostly by pandemic-weary entrepreneurs who wanted to start their own mom-and-pop stores or sell products online.…
CEBU CITY, Philippines – The year 2020 was full of uncertainties and challenges for both local and international developers like HTLand Inc. But this 2021, executives of Mandani Bay are taking on a more positive outlook as…
MANDAUE CITY, Philippines – The Mandaue City government has extended the deadline for the renewal of business permits to March 31, 2021. This after Ordinance no. 15-2021-1614 authored by City Councilor Carmelino del Mar Jr., was passed…
MANILA, Philippines — After a nerve-wracking year marked by an unprecedented lockdown to contain a coronavirus (COVID-19) pandemic, investors are looking forward to a recovery in corporate earnings and stock prices this 2021. The main-share Philippine Stock…
CEBU CITY, Philippines – The Bureau of Customs in the Port of Cebu (BOC-Cebu) is expecting its P3 billion worth of ‘collection surplus’ to increase before 2020 ends. BOC-Cebu, in a press release dated and published on…
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