China economy grows 4.9% in Q3, extending virus recovery

10/19/2020

Beijing, China—China’s economy grew 4.9 percent on-year in the third quarter, sustaining its rebound from bruising virus lockdowns and moving closer to pre-pandemic levels, official data showed Monday, October 19, 2020. The world’s second-largest economy grew slightly…

P1M to P3M COVID-19 aid for Cebu City barangays

Delta Dyrecka Letigio 03/28/2020

CEBU CITY, Philippines — All 80 barangays in Cebu City will be given financial aid or assistance so that they can deal with the enhanced community quarantine (ECQ), which is implemented to prevent the spread of the…

EU finance ministers reach eurozone reform deal

AFP 12/04/2018

EU finance ministers agreed reforms to better fight against a financial crisis on Tuesday that fell short of the original ambitions to relaunch Europe by French President Emmanuel Macron. The agreement between the EU’s 27 finance ministers,…

A finance man for others

Efren Cruz 11/01/2017

Question: What are the qualities of a true financial adviser? – asked at “Ask a friend, ask Efren” free service available at www.personalfinance.ph and Facebook. Answer: Of late, there has been a significant growth in the number…

Finance chief: Duterte foreign trips to bring in $59.3B economic gains

Inquirer.net 10/11/2017

Even as foreign direct investment (FDI) lagged so far this year, economic managers were optimistic of the gains from President Rodrigo Duterte’s overseas visits, which they said will bring in $59.3 billion in economic benefits. Finance Secretary…

Finance expert: Film industry can boost Cebu’s economy

Irene R. Sino Cruz 09/15/2017

Developing the film industry will boost Cebu’s economy said Gin Kai Chan, a Singapore-based financing expert with focus on film production. Chan is chief executive officer of Silver Media Group, a private media fund, and president of…

Public finance program to be launched by UP Cebu

Morexette Erram 04/22/2017

The University of the Philippines Cebu (UP Cebu) will host the People’s Public Finance Institute (PPFI) for Central Visayas before the year ends. During this afternoon’s press conference for the inauguration of the School of Management of…

Finance ministers tackle cooperation among ASEAN countries

Victor Anthony V. Silva 04/07/2017

LAPU-LAPU CITY, Cebu–Finance ministers and central bank governors from ASEAN member-states on Friday discussed strategies to build on gains achieved in previous years toward regional financial integration by 2025. Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco…

ASEAN to embark on integration geared towards fueling productivity

Victor Anthony V. Silva 04/06/2017

LAPU-LAPU CITY, Cebu–The Association of Southeast Asian Nations (ASEAN) is embarking on a new phase in the regional integration as the 10-member bloc is poised to grow faster than advanced economies amid uncertain global economic and political…

Biz, finance leaders: Internal trading will propel Asia’s growth

Victor Anthony V. Silva 04/05/2017

Local business leaders yesterday echoed the optimism of the Association of Southeast Asian Nations (Asean) finance and central bank leaders that Asia, the Philippines in particular, will continue to grow despite uncertainties in the global economy. Melanie…

Asean finance leaders still bullish over Asia’s growth

Victor Anthony V. Silva 04/04/2017

Amid uncertainties in the global economy such as US President Donald Trump’s protectionist policies and “Brexit,” majority of the Association of Southeast Asian Nations (Asean) central bank governors and their deputies were optimistic Asia will continue to…

Economic outlook

Editorial 01/05/2017

The three-part series on Cebu’s business outlook for this year, with a glimpse into the next few years, looks good at least on paper since, as everyone knows by now, anything can happen between what is set…

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