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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…
CEBU CITY, Philippines – A Memorandum of Understanding (MOU) has been signed between two business chambers to foster further collaboration for the expansion of trade and services between countries. The Cebu Chamber of Commerce and Industry (CCCI)…
CEBU CITY, Philippines—The Department of Labor and Employment in Central Visayas (DOLE-7), in coordination with the Lapu-Lapu City Government, conducted a livelihood orientation and proposal writeshop to displaced Mactan Export Processing Zone (MEPZ) workers. The activity was…
CEBU CITY, Philippines – President Ferdinand ‘Bongbong’ Marcos Jr. has urged business leaders in the Asia-Pacific to “find inspiration and leverage available tools” in fostering rapid economic growth in the region as he welcomed them for the…
CEBU CITY, Philippines – When President Ferdinand ‘Bongbong’ Marcos Jr. delivered his second State of the Nation Address (Sona) last Monday, July 24, he opened his speech with the biggest challenge his administration faced: Inflation. With this,…
MANILA -Another round of increases in the pump prices of petroleum products will greet motorists on Tuesday, July 25, 2023, after oil companies announced hikes of as much as P1.35 per liter. In separate advisories, the oil…
MANILA -Inflation in the Philippines eased for the fifth consecutive month in June to 5.4 percent, the lowest in 13 months, according to the Philippine Statistics Authority. This brought the average inflation rate in the first semester…
LONDON – A total of 130 countries representing 98% of the global economy are now exploring digital versions of their currencies, with almost half in advanced development, pilot or launch stages, a closely-followed study shows. The research…
CEBU CITY, Philippines — Cebu City Vice Mayor Raymond Alvin Garcia has proposed an ordinance that calls for the mandatory promotion and procurement of locally-produced goods and services to help micro, small, and medium enterprises (MSMEs) in…
Grab, the leading super app in Southeast Asia, strengthens support for small-to-medium enterprises (SMEs) in the Philippines through the launch of NakakaLOKAL Festival, a campaign that brings together homegrown businesses and its super app services to celebrate…
FOR national developers to make more headway in the competitive real estate market in Cebu, Colliers Philippines, a property research and management firm, has recommended that they would need to develop mixed-use communities; differentiate integrated projects; as…
FOLLOWING the success of its mentorship program for micro, small, and medium enterprises, the Department of Trade and Industry (DTI) is set to embark on a similar project this time for tech-based startups. Dubbed as Startup Island…
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