Neda chief urges make up classes, training to regain school years lost to COVID-19

Ben O. de Vera - Reporter / @bendeveraINQ 07/10/2022

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…

Outgoing RDC-7 officials to successors: Prioritize major regional dev’t projects

Wenilyn B. Sabalo 06/23/2022

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,…

Government cool to fare hike as fuel prices shoot up

Ben O. de Vera, Karl R. Ocampo, Nestor Corrales 03/08/2022

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…

PH jobless rate worst in emerging Asia

Ben O. de Vera 05/24/2021

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…

DOTr seeks 2-year extension for BRT loans

Morexette Marie B. Erram 05/06/2021

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…

‘No plan B’ if pork prices not lowered amid tariff cut, hike in imports, solons told

Christia Marie Ramos 04/20/2021

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’s business sector: Vaccine is key to economic revival

Delta Dyrecka Letigio 02/12/2021

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…

Economists urge more food imports to temper price spikes

Ben O. de Vera - Reporter / @bendeveraINQ 02/06/2021

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…

Defeatist mindsets

Cielito F. Habito - @inquirerdotnet 01/12/2021

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…

Funds and jobs secured for NAIA rehab project – Megawide

Greta Dela Cruz 12/13/2020

MANILA, Philippines — Megawide Construction Corp. and its partner, GMR Infrastructure, the world’s fourth largest airport operator, have complied with the equity requirement set by the National Economic Development Authority (NEDA) for their proposal to rehabilitate the…

Central Visayas loses P35.5B in tourism revenue

Ador Vincent Mayol 12/07/2020

CEBU CITY—Central Visayas has lost $713 million, or about P35.5 billion, in tourism revenue from foreign arrivals due to quarantine restrictions and border closures brought about by the coronavirus disease pandemic. Efren Carreon, regional director of the…

RDC-7 endorses COVID recovery program aligned with Balik Probinsya

Rosalie O. Abatayo 06/11/2020

CEBU CITY, Philippines — The Regional Development Council in Central Visayas has approved and endorsed the region’s recovery plan from the impacts of the coronavirus pandemic and the subsequent lockdown which will focus on sectors involving health,…

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