P9.13B port project will be Cebu’s big one this year

Nestle L. Semilla, Victor Anthony V. Silva 09/17/2016

If President Rodrigo Duterte would approve it by the end of the year, work on a big-time infrastructure project in Cebu would start on the later part of next year. Efren Carreon, regional director of the National…

Power imports help Cebu Customs exceed July revenue target

Victor Anthony V. Silva 08/01/2016

THE Bureau of Customs (BOC) office in Cebu collected P1.71 billion in revenues last month, exceeding its P1.68-billion target and registering a P26.7-million surplus for July this year. Lawyer Rico Rey Francis Holganza, OIC customs district collector,…

BRT project phases for bidding within third quarter of the year

Carmel Loise Matus, Victor Anthony V. Silva 07/31/2016

WHILE plans for the Bus Rapid Transit (BRT) project in Cebu City are already underway, an Arizona-based educator said he thinks the transport scheme isn’t viable here. Dr. Douglas Webster, a professor of East Asian Urbanization in…

Construction, export sectors to help CV’s economic rebound

Victor Anthony V. Silva 07/28/2016

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…

CV’s economic growth slows down to 4.8 percent in 2015

Victor Anthony V. Silva 07/28/2016

The Central Visayas economy grew at a slower rate at 4.8 percent last year compared to 7.8 percent the previous year, the Philippine Statistics Authority (PSA) reported on Thursday. PSA Central Visayas Director Ronaldo Taghap said it’s…

Stakeholders to present proposed Consolacion port

Izobelle T. Pulgo 07/19/2016

THE local government of Consolacion, together with Cebu Port Authority, the National Economic and Development Authority, and the Department of Public Works and Highways, is now preparing to present the proposed international port to the Investment Coordination…

Tourism chief seeks bigger MICE market share for PH

Victor Anthony V. Silva 07/17/2016

DOT Secretary Teo outlines department’s short-term, long-term thrusts The tourism department is looking forward for the Philippines especially Cebu and the Visayas to have a bigger slice of the international events in the meetings, incentives, conferences exhibitions…

Aquino government to turn over ‘strong, stable’ economy

Marites Villamor Ilano 05/19/2016

The Aquino government is set to turn over a “strong and stable” economy to the next administration, with the gross domestic product (GDP) expanding by 6.9 percent in the first quarter of this year. Socioeconomic Planning Secretary…

Government starts work on next SDGs, dev’t plan

05/17/2016

The National Economic and Development Authority (Neda) has started conducting multi-stakeholder workshops to prepare for the next series of consultations on the national Sustainable Development Goals (SDGs) and the next Philippine Development Plan (PDP). Together with the…

Neda chief says 2016 growth projections still ‘respectable’

Marites Villamor Ilano, Michelle Joy L. Padayhag 05/01/2016

The International Monetary Fund’s growth projections for the Philippines this year, although lower than the original targets and the government’s own projections, remain at a respectable level amid the global headwinds, Socio-Economic Planning Secretary Emmanuel F. Esguerra…

Neda: Drought has come to Cebu

Izobelle T. Pulgo, Michelle Joy L. Padayhag 04/19/2016

Cebu might not have been officially labeled as having been effected by the El Niño weather phenomenon, but as far as the National Economic and Development Authority in Central Visayas (Neda 7) was concerned, Cebu is now…

Bid for study aid endorsed to Japan embassy

Victor Anthony V. Silva 03/17/2016

THE proposed feasibility study on a provincial development master plan has already been endorsed to the Japanese Embassy in the Philippines by the Department of Foreign Affairs. Director Efren Carreon of the National Economic and Development Authority…

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