‘Respectable’ growth puts PH among fastest in Asia

Marites Villamor Ilano 01/28/2016

Gross domestic product expands by 5.8 percent in 2015 The economy expanded in the last quarter of last year by 6.3 percent, the highest quarterly growth for 2015. This brought the average full-year gross domestic product (GDP)…

The P-Noy Economy in the last five years

Fernando Fajardo 01/23/2016

Failure of policy to shift from early success in import substitution into export industrialization and poor governance in general, characterized by high level of corruption from the top down to the local level, constrained the country from…

Sun Life keeps bullish outlook on PH economy, stock market

Vanessa Claire Lucero 12/02/2015

The Philippine economy will continue to grow and the bulls are projected to prevail in the local stock market next year and onwards, top executives of Sun Life Of Canada (Philippines) Inc. said. Michael Enriquez, SunLife chief…

Central Visayas businessmen ‘less optimistic’ about economy

Vanessa Claire Lucero 08/27/2015

Fewer businesses in Central Visayas were optimistic about the economy in the second quarter of this year, based on the quarterly Business Expectations Survey of the Bangko Sentral ng Pilipinas. Teresita Devesa, deputy director of the Department…

Central Visayas GRDP grows faster at 8.8 percent

Vanessa Claire Lucero 07/30/2015

The Philippine Statistics Authority presented the economic performance of Central Visayas for fiscal year 2014. Central Visayas showed an increase in gross regional domestic product (GRDP) growth from 7.4% in 2013 to 8.8% in 2014. Comparatively, the…

Analyst: Property glut ‘being felt’ in Cebu

Vanessa Lucero 07/21/2015

Developers urged to do proper market research first A glut in property developments is “being felt” in Cebu, especially in the residential segment, an industry analyst said. Julius Guevara, director and head of research at real estate…

Wage hike hearings set

Michelle Joy L. Padayhag 06/23/2015

The Regional Tripartite Wages and Productivity Board kicked off its wage consultation in Central Visayas. Regional Director Exequiel Sarcauga of the Department of Labor and Employment (DOLE-7) said they will assess the positions of the sectors before…

Challenger brand becomes No. 1 in mobile in the Philippines

04/07/2015

On the strength of a remarkable company performance in 2014, Globe Telecom has established leadership in the Philippine mobile industry on multiple business fronts, making it the Number One mobile brand in the country. “Against mounting odds,…

Philippine economy seen to lead Asean growth

04/06/2015

IMF REVIEW The Philippine economy will be Southeast Asia’s growth leader this year on the back of more aggressive government spending, according to the International Monetary Fund (IMF). Consumption is also expected to stay strong, thanks to…

Mayor: Not developing Balili lots would be a wasted opportunity

Victor Anthony V. Silva 03/13/2015

It would be a wasted opportunity for the City of Naga not to develop the Balili estate in barangay Tina-an despite it being tagged in a criminal case involving former Cebu governor and now Rep. Gwendolyn Garcia…

Veco exec sees 5% growth in energy sales in 2015

Aileen Garcia-Yap 01/29/2015

With Cebu’s fast-growing economy, the Visayan Electric Co. (Veco) is expecting a five-percent growth in energy sales this year as compared to last year’s  2.3 percent growth. This is based on a projected economic boom by many…

Cebu traders welcome oil price plunge

Aileen Garcia-Yap 01/09/2015

Cebu’s business leaders said the continued decline in oil prices will have a temporary positive impact on the country’s economy, resulting in savings and extra disposable income for people. “With oil imports at half a price, that…

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.