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CEBU CITY, Philippines — The National Economic and Development Authority in Central Visayas (NEDA-7) said that in order to boost economic revival the consumer demand would need to rise. In their report to the Regional Development Council…
CEBU CITY, Philippines — Due to quarantine restrictions and border closures, Central Visayas lost the opportunity to earn over US$ 700 million from foreign tourist arrivals, local economists said. The National Economic and Development Authority in Central…
CEBU CITY, Philippines — Infrastructure build-up and maximizing the potentials of the agriculture sector in Central Visayas may be the region’s passport to economic recovery from the effects of the COVID-19 pandemic. National Economic and Development Authority…
CEBU CITY, Philippines — The Cebu Labor Coalition (CLC) has asked the Regional Tripartite Wages and Productivity Board in Central Visayas (RTWPB) for a P361.50 wage adjustment on top of the present P386-daily minimum wage. CLC filed…
CEBU CITY, Philippines–The region’s economy will continue to post growth this year, according to Efren Carreon, Central Visayas director of the National Economic Development Authority (Neda). Carreon cited the sectors of tourism and business process outsourcing (BPOs)…
With upcoming big-ticket projects in the pipeline for Central Visayas, investors are encouraged to venture into the power industry to meet the demand for electricity especially when these projects will be implemented and completed. Lorna Manila, National…
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…
WORLD renowned furniture-designer Kenneth Cobonpue believes that providing a strong support mechanism for local players in the creative industry could “help push the country forward.” Cobonpue, who is also a chairman of the Regional Development Council in…
Government agencies have completed 74 percent of all Yolanda rehabilitation projects in Central Visayas after three years, but an official of the regional National Economic and Development Authority (NEDA-7) said a lot remains to be done. Based…
Neda-7 chief: Region 7’s growth rate drop from 7.8 percent in 2014 to 4.8 percent in 2015 temporary The promised increase in infrastructure spending under the present administration, and the agriculture and manufacturing sectors are among the…
Positive developments in visitor arrivals, information technology and business process management (IT-BPM) sector and four other economic indicators will continue to make Central Visayas one of the fastest growing regions in the country today. Efren Carreon, National…
THE Metro Cebu Development and Coordinating Board (MCDCB) deferred the approval of the creation of a Metro Cebu Traffic Enforcers Academy pending the review of its agreement. During their Thursday meeting, the board also took note of…
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