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CEBU CITY, Philippines — The Office of the Presidential Assistant for the Visayas (OPAV) recently expressed its focus on fostering economic growth in the Visayas region with a vision for the year 2025. In a forum with…
CEBU CITY, Philippines — The inflation rate in Cebu Province in December has climbed to 3.5 percent from 2.8 percent in November 2024. Chief Statistical Specialist Melchor Bautista of the Philippine Statistics Authority (PSA-Cebu) reported this result…
LONDON, United Kingdom — Bitcoin hit a record high above $109,000 on Monday as Donald Trump, who plans to deregulate the cryptocurrency sector and has launched his own “meme coin”, prepares to be sworn in as US…
MANILA, Philippines — Finland is inviting more Filipinos to work in the country to address its need for skilled workers and challenges from an aging population. Business Finland, a government agency, highlighted job opportunities for Filipinos in…
Filipinos now prefer digital payments over ATM withdrawals, with InstaPay fund transfers surpassing ATM transactions in both value and volume after the pandemic. According to the Bangko Sentral ng Pilipinas (BSP), InstaPay transactions in September 2024 reached…
MANILA, Philippines – A business delegation from Taiwan met with officials of the Philippine Economic Zone Authority (PEZA) to explore investment opportunities in the country, particularly in ecozone development. In a statement Friday, PEZA said the Taiwanese…
Remittances or money sent home by Filipinos working abroad dropped to a six-month low in November 2024, as the weak peso helped them save on transfer costs. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances…
CEBU CITY, Philippines – Despite ongoing tensions at the West Philippine Sea, the Chinese government is hoping for stronger bilateral ties with the Philippines. This year, China and Philippines will be celebrating its 50th anniversary of diplomatic…
MANILA, Philippines — Philippine economic growth is expected to accelerate this year and in 2026, making the country one of the strongest performers among Southeast Asian economies. UN report: PH one of strongest performers in Southeast Asia…
MANILA, Philippines – Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said the central bank is considering a subscription fee model for digital transactions. “If you look at the payment system, every time you add one more participant,…
Philippine Airlines (PAL) is expanding its domestic network by introducing by March 1 a new route linking Cebu to Catarman, the capital of northern Samar. On the same date, the flag carrier will also increase its Cebu-Siargao…
The Philippine peso may fall below the 59:$1 mark in the second quarter of 2025, reaching a new record low as Asian currencies weaken due to the strong US dollar. HSBC Global Research economist Aris Dacanay told…
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