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Friday, April 26, 2019

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1716 Results Found For "Cebu / Business"

Manufacturing, construction pull up CV growth

Katlene O. Cacho / from 2 hours ago

THE rebound recorded in the services and industry sectors last year has helped Central Visayas inch up in its economic status in 2018.From a slowdown of 5.2 percent in 2017, largely driven by the slump in the construction sub-sector, the region that is composed of Cebu, Bohol, Negros Oriental and ...

All regional economies grow in 2018

/ from 2 hours ago

THE economies of all 17 regions grew in 2018, with the Bicol Region growing the fastest at 8.9 percent, followed by Davao Region and Mimaropa, with 8.6 percent.Aside from Bicol Region and Mimaropa, regions with accelerated growth were Central Visayas (7.6 percent), Calabarzon (7.3 percent), Northern Mindanao (7.0 percent), Ilocos ...

Central Visayas grows 7.6%

/ from 13 hours ago

THE Central Visayas economy expanded by 7.6 percent in 2018, faster than the 5.2 percent growth in 2017, according to the Philippine Statistics Authority (PSA) 7.The services sector grew by 7.0 percent in 2018 from 6.5 percent in 2017. Industry likewise grew by 9.5 percent from 3.0 percent.The agriculture, hunting, ...

Korean investors interested, but want easier processes

/ from April 24, 2019

TO ATTRACT more Korean investors, the Cebu Korean Association (CKA) has encouraged the government to strengthen the implementation of the Ease of Doing Business Law.Charlie Cho, president of the CKA, said Cebu’s economy is booming but asked for the cutting of bureaucratic processes in the government.“For business purposes, they are ...

MCIA: Operations normal after quake

/ from April 24, 2019

FOLLOWING the magnitude 6.5 earthquake that struck the Visayas on Tuesday, the Mactan-Cebu International Airport (MCIA) assured it was not damaged and that operations remain normal.In an advisory, the MCIA announced they are on heightened alert after an intensity 3 quake was felt in Cebu.“We have placed operational safety and ...

Neda: Scale up exports of special rice varieties

/ from April 24, 2019

THE National Economic and Development Authority (Neda) is encouraging farmers to increase their production of special varieties of rice to respond to the increasing demand in the international market now that restrictions on exports have been repealed.Neda reminded rice farmers and traders that the recent rice law, or Republic Act ...

10,000 jobs expected

/ from April 23, 2019

SEEING the growth in the information technology (IT) industry, property developer Arthaland expects around 10,000 jobs to be generated once Cebu Exchange is completed.Arthaland president Jaime Gonzales, during the topping off ceremony of the first phase of Cebu Exchange on Monday, April 22, said 60 percent of the building is ...

When a dream refuses to die

Katlene O. Cacho / from April 23, 2019

A PAINFUL childhood experience inspired entrepreneur Marivic Bathan to leave her high-paying job in a multinational company to realize her desire of running a school for children.Bathan grew up in a family of educators. She said when one grows up in a household with parents in the teaching profession, he ...

Philippine Airlines cancels Clark flights

/ from April 23, 2019

AFTER the magnitude 6.1 earthquake that struck Luzon, Philippine Airlines announced the cancellation of flights to and from the Clark International Airport.Clark International Airport will remain closed until 7:40 p.m. Wednesday, April 24, due to damage caused by the earthquake.The following Philippine Airlines flights will be cancelled:Wednesday, April 24:PR 2839/2840 ...

Outdoor activities boost LPG cylinder refill sales

/ from April 22, 2019

A LOCAL cooperative is seeing a boost in sales of refillable liquefied petroleum gas (LPG) cylinders, as it plans to tap other cooperatives in the province to distribute the product.Philippine Eco-gas Producers Cooperative (PEPC) chairman Francisco Reyes Jr. said it plans to grow its distribution network, seeing the robust demand ...

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