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Foreign investment pledges approved by investment promotion agencies (IPAs) jumped by 220.07 percent in the second quarter compared to the same period last year, showing a strong rise in investor confidence, according to the Philippine Statistics Authority…
CEBU CITY, Philippines — The Cebu City government has set aside P5 million this year for low-income residents or low-income households who want to start a small business. READ MORE: Cebu City Council OKs P400M financial…
CEBU CITY, Philippines – Inflation rate in Cebu Province soared up to 4.0 percent in July from 3.5 percent in June 2024, according to the latest report by the Philippine Statistics Authority (PSA) Cebu. On Thursday, August…
Japan’s Rating and Investment Information Inc. (R&I) has upgraded the Philippines’ credit rating to ‘A-’ with a stable outlook, citing strong economic growth and a better fiscal position. This is the country’s second ‘A-‘ credit rating, following…
Rising inflation in July has led Maybank Securities Inc. to push back its 12-month forecast of 8,200 for the Philippine Stock Exchange Index (PSEi) by a few months. Traders are now focusing on the Bangko Sentral ng…
CEBU CITY, Philippines – Mactan-Cebu International Airport’s (MCIA) Terminal 2 has achieved a major milestone with a 4-star rating from Skytrax. From a 3-star rating, the London-based consultancy firm upgraded T2 to a 4-star rating, pointing out…
CEBU CITY, Philippines — A legislator has called for the creation of a public-private partnership (PPP) unit to streamline the submission of project proposals to the City Government. This was proposed by Councilor Rey Gealon in his…
CEBU CITY, Philippines — Inflation in Central Visayas dropped to 4.5 percent in July 2024, down from 4.8 percent in June, according to the Philippine Statistics Authority in Central Visayas (PSA-7). PSA-7 regional director Ariel Florendo reported…
The Philippine economy grew by 6.3 percent in the second quarter, thanks to increased government spending and strong investments, which helped counter the effects of high consumer prices on household spending. This growth is an improvement from…
LAPU-LAPU CITY, Cebu – Pumpboat operators in Lapu-Lapu City are struggling due to the P100 environmental fee, which has reduced their clients. The fee, introduced by Councilor Annabeth Cuizon, applies to island hopping and other water sports…
JC marked its 10th year anniversary with the highly awaited Good Life Summit held on July 27, 2024, at the prestigious Marina Bay Sands in Singapore. The event brought together international wholesalers, celebrity guests, and company leaders…
CEBU CITY, Philippines — As the chocolate industry in the Philippines continues to grow, Senator Pia Cayetano calls for ways to support it. During her visit to Cebu for the National Cacao Congress 2024, the legislator noted…
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