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MANILA, Philippines — Secretary Arsenio Balisacan, chief of the National Economic and Development Authority (Neda), backs the proposed Maharlika Investment Fund (MIF) as it would help the country sustain its growth. “With the Marcos Administration’s Economic Team…
The government is ramping up efforts to start the bidding process for the 73.7-kilometer (km) Metro Cebu Expressway project, which is currently under review, according to an official of the Department of Public Works and Highways (DPWH).…
CEBU CITY, Philippines — The Department of Transportation (DOTr) aims to award the contract for package 1 of the Bus Rapid Transit (BRT) project within the first 100 days of President Ferdinand “Bongbong” Marcos Jr. in office.…
MANILA, Philippines — The country’s chief economist has urged the Department of Education (DepEd) to facilitate make-up classes for younger school children as well as training for college students to make up for the two years of…
CEBU CITY, Philippines — The outgoing officials of the Regional Development Council in Central Visayas (RDC-7) have laid out their recommendations for RDC’s new leaders during the Second Quarter Full Council Meeting on Thursday, June 23, 2022,…
MANILA, Philippines — Despite the continued increase in fuel prices, the government is not inclined to grant the petition of public utility drivers for a P1 hike in transport fares. Undersecretary Rose Edillon of the National Economic and…
Despite an easing in the March unemployment rate, the Philippines remained the worst job market in emerging Asia with the biggest share of the unemployed to the labor force, a report of the state planning agency National…
CEBU CITY, Philippines – The Department of Transportation (DOTr) on Thursday, May 6 confirmed that they are seeking an extension on the validity of the loans for the construction of the Cebu Bus Rapid Transit (BRT). Officials…
MANILA, Philippines — An official from the National Economic and Development Authority (NEDA) admitted to House lawmakers on Monday that there is “no plan B” should the temporary cut on pork import tariffs and the increase in…
CEBU CITY, Philippines — The business sector in Cebu believes that the economic revival of the province and the tricities would greatly rely on a successful vaccination program against the Coronavirus Disease 2019 (COVID-19). Cebu Chamber of…
MANILA, Philippines — More economists are urging greater importation in view of expensive food that jacked up the inflation rate to a two-year high of 4.2 percent year-on-year in January. “Our priority right now is to ensure…
A quote I once saw in a motivational poster struck me and stuck with me all through the years: “Think not of what could go wrong or why it won’t work; think of how to make it…
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