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The continued delay in petroleum exploration amid an anticipated decline in Philippine output of oil and gas is driving the country to even greater reliance on imports, according to a unit of Fitch Group. “The Philippines’ oil…
YEAREND REPORT First of two parts The year 2018 has brought a lot of “economic shocks” not just for the local business community in Cebu but for the entire country. Right at the start of the year,…
GOVERNMENT officials are pushing for rice tariffication as a bid to help temper the country’s high inflation rate. Department of Trade and Industry in Central Visayas (DTI-7) Regional Director Asteria Caberte said that it is important to…
Cebu business leaders are pinning their hopes on government agencies to really temper down the increase in prices of commodities, as economists believe that inflation is already peaking. However, they acknowledge that other factors may come into…
MALACAÑANG assured the public yesterday that the government is taking steps to address the issue on the increasing prices of commodities due to the continuous rise of inflation rate in the country. “We all know that our…
While believing that it can still be solved, House Speaker Gloria Macapagal-Arroyo has called on President Rodrigo Duterte’s economic team to “move faster” on their implementation of policies to ease up the accelerating inflation. Arroyo’s statement came…
Senator Grace Poe has expressed alarm over the continuous increase in the price of oil in the market, as she urged the government to fully implement relief measures for consumers and act against possible abuses of petroleum…
Amid reports that the market price of siling labuyo skyrocketed to as much as P1000 per kilo, Agriculture Secretary Emmanuel Piñol urged consumers to counter rising prices by learning to plant red chili pepper in flower pots.…
BANGKOK — As Bangkok prepares to host climate-change talks, the sprawling city of more than 10 million is itself under siege from the environment, with dire forecasts warning it could be partially submerged in just over a…
China and the Chinese market continues to be the focus of airport officials as it looks to sustain its increasing passenger traffic at the Mactan Cebu International Airport (MCIA). From January to June this year, the MCIA…
New member of Rider Omega Tri Team starts to make presence felt Rider Omega Tri Team has a new long-distance runner and he’s starting to make waves in the local running scene. Joseph Arnel Emia, a 29-year-old…
Cebu-based training center eyes Luzon, Mindanao expansion The increasing demand for more Filipinos as “staff” of super or mega yachts all over the world has also prompted a Cebu-based training center to expand to other parts of…
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