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PH Economy expands 6.7% in 2017 Business leaders in Cebu welcomed the 6.7 percent growth rate registered by the country’s gross domestic product (GDP) for 2017, as reported by the National Economic Development Authority (NEDA) yesterday. But…
Following the impressive growth of Philippine manufacturing during the first nine months of 2017, the Department of Trade and Industry (DTI) expressed confidence the sector will continue to outperform its Southeast Asian neighbors amid rosy business…
A fifty-six-year-old entrepreneur never intended his 10-hectare property to become what it is today — a growing, successful goat farm. In fact, Eddie Aguilar of Barangay Gunting in Barili town in southwest Cebu, had first intended to…
CEBU’S booming economic landscape and thriving business community have prompted Ayala-led Bank of the Philippine Islands (BPI) to open more branches in Cebu this year. This is to take advantage of the opportunities that go along with…
THE country’s chief economist has anticipated a full-year gross domestic product (GDP) growth hitting the middle of the government’s 6.5–7.5 percent target. “If we hit close to the midrange we’ll be happy with that, higher or lower…
Connectivity, real estate and growth New access to connectivity projects are expected to spur economic growth in Cebu City and Cebu province and also seen to fuel growth to the real estate industry especially in the countryside.…
SECOND QUARTER OF 2017 Economic growth slowed to 6.5 percent year-on-year in the second quarter despite a boost from government spending on public goods and services as private sector investments lagged behind, the government reported Thursday. The…
INCREASING available financial resources and stable inflation were seen to support sustained economic expansion in the Visayas for 2017, an official of the Bangko Sentral ng Pilipinas (BSP) said. Rosabel Guerrero, director of the BSP’s department of…
Architecture industry gets boost from real estate sector’s growth Behind every successful real estate venture are many other firms under the value chain, among which are architectural companies tasked to breathe life into developers’ concepts. With the…
THE head of the Duterte administration’s economic team on Wednesday sought private sector support for the comprehensive tax reform program to fund the ambitious infrastructure buildup plan as well as other socioeconomic programs aimed at slashing poverty.…
CENTRAL Visayas is projected to grow between 7.5 and 8 percent on average in the next six years on the back of robust industry and services sectors, the region’s economic chief said. Efren Carreon, director of the…
AS the hospitality sector in Lapu-Lapu City continues to enjoy tremendous growth, to the point of attracting foreign investors, local players such as Costabella Tropical Beach Hotel are unfazed. Marita Alvarez-Arambulo, Costabella general manager, said prospects of…
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