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MANILA, Philippines — Business confidence declined in the first three months of the year due to economic uncertainties. According to the Bangko Sentral ng Pilipinas’ Business Expectation Survey released on Friday, the confidence index fell to 31.2%…
CEBU CITY, Philippines — Cebu City is pushing for the wider use of the Cebuano language in businesses and public services, urging establishments, especially in the transportation, hospitality, and retail sectors, to integrate the local tongue in…
CEBU CITY, Philippines — A Cebu business leader has cautioned that implementing the P200 across-the-board legislated wage increase could lead to an economic disaster. Mark Anthony Ynoc, president of the Mandaue Chamber of Commerce and Industry, said…
Businesses and consumers in China found the 11.11 or the annual Singles’ Day shopping festival less attractive this year amid a sluggish economy, forcing e-commerce firms to look abroad for growth. Online service provider and e-commerce platform…
CEBU CITY, Philippines— Starting in January 2025, Cebu City businesses that fail to comply with environmental laws risk losing their permits as the city government begins enforcing stricter regulations under the amended Sustainable Development Ordinance (City Ordinance…
The Philippine SME Business Expo (PHILSME) is back for its 15th edition to showcase innovative business solutions for small and medium enterprises (SMEs) on November 22-23, 2024, 10 am- 6 pm at the SMX Convention Center Manila,…
The Philippines’ largest business group urged the government on Wednesday to streamline trade policies, especially with the trade deficit now at $4.30 billion and a renewed focus on supporting MSMEs. Philippine Chamber of Commerce and Industry (PCCI)…
CEBU CITY, Philippines — Cebu City’s economy has benefited significantly from the Business Process Outsourcing (BPO) industry. The City Council plans to honor the dedicated workers in this sector by declaring a special ‘BPO Day’. Councilor Pancrasio “Francis”…
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…
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…
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 – A total of P4,881,388 in fees was collected on the first day of processing and renewals of business permits in Cebu City on January 4, according to City Treasurer Mare Vae Reyes. She…
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