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CEBU CITY, Philippines — With only Cebu and Bohol remaining as part of Central Visayas, the region’s economy continued to grow in 2024, data from the Philippine Statistics Authority (PSA-7) showed. On Tuesday, PSA-7 revealed during the…
WASHINGTON, United States — The uncertainty kicked up by Donald Trump’s stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week’s semi-annual meeting of global financial leaders in…
Vietnam — Sipping tea on her break outside a Samsung Electronics factory in northern Vietnam, worker Nguyen Thi Mai said she had heard about US President Donald Trump’s tariffs. But she hoped it would not affect business.…
Chongqing, China — Elderly Chinese farmers carrying enormous baskets of vegetables squeezed into a subway station as its doors opened before dawn on Wednesday, on the outskirts of megacity Chongqing. Mind the wage gap: China’s subway farmers…
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…
MANILA – Senator Cynthia Villar underscored on Wednesday the potential of moringa, locally known as “malunggay,” in boosting the agricultural sector and enhancing the global standing of the Philippines in the health and wellness industry. Villar, who…
S&P Global Ratings improved its credit outlook for the Philippine government to “positive,” citing better institutional and policy settings. This opens the possibility of upgrading to the prestigious “A” rating. Although the Philippines retained its “BBB+” investment…
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…
The Philippine Stock Exchange Index (PSEi) closed nearly unchanged on Wednesday at 6,882.12, down 0.01% (0.80 points), following a sharp drop in US markets as investors worried about a potential global economic slowdown. The broader All Shares…
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)…
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…
CEBU CITY, Philippines – The Contact Center Association of the Philippines (CCAP) projects continued robust growth for the Cebu’s information technology and business process management (IT-BPM), a sector that’s been one of the province’s key economic drivers…
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