60-Day Price Freeze on Basic Goods in Effect
The Philippine government implements a 60-day price freeze on basic necessities across the country following President Marcos Jr.'s state of calamity declaration due to El Niño.
Category : Search result: business impact
Davao Bank Lending Grows 10.5% in September
Davao's banking sector shows robust growth with double-digit lending expansion, signaling strong economic momentum and increased business confidence in the region.
Petron Profits Surge 37% to ₱9.7B
Petron Corporation reports massive 37% profit surge reaching ₱9.7 billion in first half 2024, driven by strategic expansions and increased fuel demand across the Philippines.
AEV Q3 Profits Soar 71% on Strong Power, Food Units
Aboitiz Equity Ventures reports staggering 71% profit surge in Q3 2023, driven by powerhouse performance from energy and food subsidiaries. Discover how strategic diversification continues to deliver exceptional returns.
Typhoon Tino Wreaks Havoc on Cebu Corn Farms
Agricultural officials warn of significant damage to Cebu's corn production as Typhoon Tino batters the region, threatening food security and farmers' livelihoods.
BSP Maintains Rates as Inflation Stays Within Target
The Bangko Sentral ng Pilipinas maintains policy rates as inflation remains manageable and economic growth shows positive momentum. Discover what this means for the Philippine economy.
Typhoon Tino's Deadly Floods: Cebu's Urban Crisis
Discover how Typhoon Tino transformed Cebu's urban landscape into dangerous flood zones, revealing critical infrastructure vulnerabilities and climate change impacts.
Cebu Business Frustration Grows Over Repeat Flood Devastation
Cebu's top business executives express growing frustration as recurring flood devastation disrupts operations and threatens economic stability, demanding urgent government action.
Cebu Business Frustration Grows Over Repeat Flood Damage
Cebu's business community expresses growing frustration as repeated flooding cripples operations and damages millions in property. Learn why they're demanding immediate government action.
Cebu Farmer's Emotional Plea Goes Viral Amid Climate Crisis
A Cebuano farmer's emotional plea for help goes viral as climate change devastates local agriculture. Discover how extreme weather is threatening livelihoods across the Philippines.
P4T Fraud Crisis Hits Philippine Businesses
Shocking report reveals Philippine businesses lost a staggering P4 trillion to fraud in 2024, with employee theft and cybersecurity breaches leading the devastating financial hemorrhage.
MCCI: Typhoon Aghon Causes Widespread Business Disruptions
Cebu's business community faces widespread operational challenges as Typhoon Aghon batters the region, with MCCI calling for immediate government support to prevent economic paralysis.
Davao Divided Over P2,000 Wage Hike Proposal
Davao City faces heated debate over proposed P2,000 wage increase. Workers demand living wages while businesses warn of closures and inflation. Regional wage board considers economic impact.
48 Dead as Tino Exposes Cebu's Development Challenges
Tropical Depression Tino's devastating impact on Cebu reveals urgent infrastructure challenges as 48 fatalities highlight the province's vulnerability to extreme weather events.
EastWest Bank Profit Up 14% on Consumer Loans
EastWest Bank reports impressive 14% profit growth driven by strong consumer lending performance in Cebu and nationwide expansion.
UnionBank & BRANDcon Empower Filipino SMEs Digitally
UnionBank of the Philippines partners with BRANDcon to launch groundbreaking digital transformation program for SMEs, offering access to capital, mentorship, and e-commerce tools.
Ayala Corp Wins Five Golden Arrow Awards
Ayala Corporation shines at the Golden Arrow Awards, securing five major honors for corporate governance, sustainability, and investor relations excellence in the Philippines.
Zamboanga City Implements Waste Segregation in Business District
Zamboanga City implements mandatory waste segregation in Paseo del Mar business area with color-coded bins and penalties for violators to combat pollution and promote sustainability.
Arthaland Ratifies ₱2.5B Cebu Land Acquisition
Leading sustainable developer Arthaland strengthens Cebu portfolio with strategic ₱2.5 billion land purchase, signaling strong confidence in Central Visayas property growth.
PH Investment Boom Amid China Manufacturing Shift
Discover why international investors are pivoting to the Philippines amid China shifts. Cebu emerges as top destination for manufacturing and BPO sectors with competitive advantages.
Lapu-Lapu City Plans Stricter Menteryo Regulations
Lapu-Lapu City officials are pushing for stricter regulations on menteryo (cockfighting) operations, requiring proper documentation and compliance with city ordinances to maintain orderly business conduct.
Aboitiz Construction Celebrates 50 Years in Philippines
Discover how Aboitiz Construction marks five decades of resilience, innovation, and nation-building with major infrastructure projects across the Philippines.
Vivant Wins 3 Golden Arrow Awards for Governance
Cebu-based Vivant Corporation achieves remarkable recognition, securing three Golden Arrow Awards for exemplary corporate governance practices and transparency standards.
Negros Occidental Under Red Alert for El Niño
Negros Occidental declares red alert status as provincial government implements emergency measures to combat severe El Niño effects. Learn about the water conservation strategies and agricultural protection plans.
Lapu-Lapu City Hall shuts down hauling company
Lapu-Lapu City Government takes decisive action against a hauling company for multiple violations, resulting in immediate closure and equipment seizure.
Taal Ashfall Cripples Cebu's Economy and Daily Life
Taal Volcano's continued ash emissions severely impact Cebu's economy, health, and daily operations. Learn how businesses and residents are coping with the environmental crisis.
Philippines Promises Digital Policy Shifts to Global CEOs
The Philippines announces major digital policy reforms to attract global investors and position itself as a premier investment hub in the digital economy era.
Cebu's Golden Era for Entrepreneurs: Start Now!
Discover why Cebu has become a prime destination for entrepreneurs with growing government support, digital transformation, and abundant opportunities across various sectors.
Tagum Family Grows Tablea Startup Into Success Story
Discover how a Davao-based family transformed their passion for traditional tablea into a thriving business, preserving heritage while creating sustainable livelihoods for local cocoa farmers.
Eastern Visayas Trade Fair Generates ₱449M in Sales
The Eastern Visayas Bahandi Trade Fair 2024 achieved remarkable success with ₱449 million in sales, showcasing the region's finest products and creating significant economic impact for local businesses.
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