How does wage increase affect customer spending?

Niña Mae C. Oliverio 10/16/2024

CEBU CITY, Philippines — The new wage hike in Central Visayas may have an impact on how consumers spend their wage on necessities. Wage Order No. ROVII-2, published on September 16, 2024, provides for an increase of…

Fuel prices: Nearly P3 a liter increase to be implemented Oct. 15

Lisbet K. Esmael - @inquirerdotnet 10/14/2024

MANILA, Philippines — Oil companies are set to implement big adjustments in fuel prices on Tuesday, October 15 with nearly P3 per liter increase from last week’s costs. According to Shell Pilipinas and Seaoil in separate advisories,…

World Bank: Poorest countries face highest debt burden for 18 years

10/14/2024

WASHINGTON, United States — The world’s 26 poorest economies are facing the most significant debt burden since 2006, the World Bank announced in a new report published Sunday. Government debt in these countries, which are home to…

PH remains as the world’s top rice importer

Jordeene B. Lagare - @inquirerdotnet 10/14/2024

The Philippines is expected to import more rice this year and next, keeping its position as the world’s top rice importer due to the impact of El Niño, La Niña, and recent typhoons on local production. According…

Foreign direct investments reach 5-month high of $850M in July

Ian Nicolas P. Cigaral - @inquirerdotnet 10/11/2024

Multinational firms’ lending to their Philippine subsidiaries drove foreign direct investments (FDIs) to a five-month high in July, reaching halfway through the Bangko Sentral ng Pilipinas’ (BSP) 2024 projection. According to the BSP’s report, July saw a…

Central Visayas inflation rate drops to 2.1% in September 2024

Niña Mae C. Oliverio 10/10/2024

CEBU CITY, Philippines — The inflation rate in Central Visayas for September 2024 has slowed to 2.1 percent, down from 3.4 percent in August, according to PSA-7 on Thursday. In the inflation report presented by Engineer Felixberto…

PH seen to import more chicken meat in 2025, USDA reports 

Jordeene B. Lagare - @inquirerdotnet 10/07/2024

The Philippines is expected to import more chicken meat next year due to a supply shortage. According to the US Department of Agriculture, the country’s chicken meat imports are projected to increase by 2.1 percent to 480,000…

Ben Tulfo to Cebu biz leaders: Be a teacher to MSMEs

CDN Digital 10/05/2024

CEBU CITY, Philippines – Veteran broadcaster Ben Tulfo urged businesses here to share their expertise to Small and Medium Enterprises and nano entrepreneurs to help them achieve success. Tulfo, an MSME advocate, said that small businesses are…

Fuel price hike in 1st week of October: Diesel up by 90 cents, gasoline by 45 cents

Lisbet Esmael - @inquirerdotnet 09/30/2024

Motorists will face higher fuel prices in the first week of October, with oil companies raising prices by up to 90 centavos per liter. According to Cleanfuel and Shell Pilipinas, diesel prices will go up by 90…

PH banks fail to meet MSME loan mandate anew

Ian Nicolas P. Cigaral - @inquirerdotnet 09/30/2024

Rural and cooperative banks continue to lead in providing loans to micro, small, and medium enterprises (MSMEs), as the Philippine banking industry once again fell short of its lending quota for this key sector. According to the…

SRP board greenlights water, underground cabling, mobility projects

Niña Mae C. Oliverio 09/29/2024

CEBU CITY, Philippines — The South Road Properties (SRP) is set for further development following the recent approval of several new projects by its governing board. According to Cebu City Councilor Rey Gealon, the board’s newly appointed…

New alliance aims to boost Cebu’s global MICE competitiveness

CDN Digital 09/28/2024

CEBU CITY, Philippines – There is now an ongoing effort to bolster Cebu’s standing as a prime destination for business events, both in the Philippines and across Asia. While Cebu was once known as a leading MICE…

Previous           Next
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.