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The Kingdom of the Netherlands saw strengthened ties with Cebu as it reopened its honorary consulate here last week. Marion Derckx, ambassador of the Netherlands to the Philippines, said they hope to forge new connections and business…
Business leaders in Cebu welcomed the idea of building an oil refinery in the province, citing its benefits to the local economy. For Virgilio Espeleta, Cebu Chamber of Commerce and Industry (CCCI) vice president for business development,…
Traders urged to consider exporting fruits to get slice of China’s market Explore opportunities in the fruit export sector. Federico Escalona, Philippine Exports Confederation, Inc. (Philexport) Cebu Chapter executive director, made this call to local exporters as…
EXPORTERS in Central Visayas are encouraged to continue to innovate and improve their products and explore new markets to survive in a market that has been experiencing a 17-month decline in demand. Trade Secretary Ramon Lopez said…
ASIAN stocks were mixed Wednesday, as investors awaited the results of a key meeting of the Organization of Petroleum Exporting Countries. Japan’s benchmark Nikkei 225 was flat, finishing at 18,308.48, and Australia’s S&P/ASX 200 dropped 0.3 percent…
Exports up in 3rd quarter; exec says last quarter to determine sector’s health While the rebound of the Philippine exports sector at the end of the third quarter of the year may be considered good news, a…
FOR furniture manufacturers to stay afloat in the industry despite the constant shift in the global demand, they should look into penetrating the right market in which they are relevant while continuously innovating their products. Christina Marie…
THE Bureau of Fisheries and Aquatic Resources in Central Visayas (BFAR-7) is investigating the Lapu Lapu City-based company that was blamed for exporting scallops that caused a Hepatitis A outbreak in Hawaii. Elvie Flores of the Fisheries…
The British vote to leave the European Union (EU), also called as the “Brexit,” will only affect the Philippines, including Cebu, if this British action will affect the US economy. This was the general sentiment of Cebu…
Among 11 Asean economies, the Philippines saw the steepest decline in merchandise exports in March this year, according to the National Economic and Development Authority (Neda). In a statement, the agency said the weak global economy has…
More markets in Europe are expected to open with the signing of a free trade agreement with the European Free Trade Association (EFTA) within the first half of this year. Agnes Perpetua Legaspi, assistant director of the…
While exporters are looking for ways to benefit from the creation of a single market in Southeast Asia, local businessmen are worried about competition from other Asean countries. Gordon Alan “Dondi” Joseph, president of the Cebu Business…
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