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Friday, August 23, 2019
CAGAYAN DE ORO

Slowdown in investments

CAGAYAN DE ORO. Construction workers strive to finish a building extension for a mall in Cagayan de Oro City. The National Economic and Development Authority (Neda) in Northern Mindanao said the region experienced a slowdown in investments in 2018. High prices, especially in the second and third quarter, tempered to some extent household consumption and investment spending. However, Neda said billions of pesos worth of investments are being poured into the region, particularly in Misamis ecozones, in 2019. (Photo by Nef Luczon)

CAGAYAN DE ORO. Construction workers strive to finish a building extension for a mall in Cagayan de Oro City. The National Economic and Development Authority (Neda) in Northern Mindanao said the region experienced a slowdown in investments in 2018. High prices, especially in the second and third quarter, tempered to some extent household consumption and investment spending. However, Neda said billions of pesos worth of investments are being poured into the region, particularly in Misamis ecozones, in 2019. (Photo by Nef Luczon)


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