Puyat: RP tourism arrival growth rate higher than global average rate

Irene R. Sino Cruz 03/11/2019

CEBU CITY, Philippines –The Philippines registered a higher tourist arrivals growth when compared to global average growth rate, said Tourism Secretary Bernadette Romulo-Puyat. Puyat, who delivered the welcome remarks on the first day of Routes Asia 2019…

Pagbilao, Bukidnon plants help fuel AboitizPower’s P1.3B income growth in 2018

03/11/2019

CEBU CITY, Philippines — AboitizPower, Aboitiz Group’s holding company for investments in power generation, distribution, and retail electricity services, partly attributed the company’s P1.3 billion income growth in 2018 to the firm’s Pagbilao power plant and Manolo…

Expat Pinoys’ dollar remittances’ slow growth seen in 10 months

Inquirer.net 12/17/2018

DOLLARS sent home by expatriate Filipinos continued to exhibit relatively muted growth for the month of first ten months of the year and for October alone, compared to levels recorded during the same periods last year, data…

Tourism execs see opportunity for growth in Bohol airport’s opening

Jose Santino S. Bunachita 12/03/2018

TOURISM stakeholders in Cebu see the opening of the new Bohol-Panglao International Airport (BPIA) in Bohol as an opportunity for growth and not as competition. While there are worries that the number of tourists entering Cebu through…

GDP growth slows to 6.1 percent in 3rd quarter

Fernando Fajardo 11/08/2018

Government spending more than before, however, may also lead to much larger government deficits and to higher inflation rate. As reported yesterday by the Philippine Statistics Authority (PSA), the country’s Gross Domestic Product (GDP) grew by 6.1…

Number of strong teams is proof of growth of dragon boat racing

Rabboni Centino Borbon 09/14/2018

For Dragon Boat Cebu Central (DBCC) head Randy Su, things are looking bright for dragon boat racing as shown by its growth in the past years. “The growth of the dragon boat sports has been phenomenal,” said…

More PEZA zones to continue BPO sector’s growth – expert

Jose Santino S. Bunachita 08/27/2018

There should be more Philippine Economic Zone Authority (PEZA) zones in the provinces to attract more investors especially in the business process outsourcing (BPO) industry in areas like in Cebu. David Leechiu, chief executive officer of the…

Train brought down 2nd quarter GDP growth

Fernando Fajardo 08/09/2018

The Philippine economy grew by 6.0 percent in the second quarter of 2018. This is down from the 6.6 percent growth rate recorded in the same period last year and the much higher 6.9 percent growth rate…

It’s about opening friendships, adventures, growth

Jose Santino S. Bunachita 06/30/2018

T2 OPENS TODAY BE FRIENDLY. Be world-class. Be the owner of this airport. GMR-Megawide Cebu Airport Corp. (GMCAC) President Louie Ferrer posed this request and challenge to airport stakeholders yesterday after holding a Mass and blessing inside…

Despite AI’s challenges, BPO group sees industry’s growth

Jose Santino S. Bunachita 05/29/2018

AMID the emergence of new technology like artificial intelligence (AI) and robotics, the Contact Center Association of the Philippines (CCAP) remain optimistic with the industry’s growth. In an interview yesterday, CCAP President Jojo Uligan said contact center…

Use oil, gas revenue to fuel town’s growth, Duterte tells officials

Marc Eric Cosep 05/19/2018

President President Rodrigo Duterte called on officials of Alegria town in southern Cebu to plan the municipality’s development amid the imminent launching of oil and gas production in one of their barangays. Clad in dark polo shirt…

Experts bet on tourism, ICT to propel CV growth in 2018

Rosalie O. Abatayo 04/27/2018

CV economy slows down by 5.1% in 2017 Although Central Visayas experienced a slower growth rate in its economy in 2017, the government’s economic experts are optimistic that the region’s economy will bounce back this year with…

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