Cebu Economic Growth Forecast: 6.5-7.5% in 2024
Cebu's economy is projected to grow 6.5-7.5% in 2024, driven by construction, tourism, and BPO. Learn the key drivers and challenges in our detailed outlook.
Category : Business
Cebu City Passes Tartanilla Ordinance for Regulation
Cebu City Councilor Jun Alcover Jr. authors the Calesa sa Sugbo Ordinance to regulate and preserve the iconic tartanillas. New rules include permits, uniforms, and safety standards.
Cebu PB Approves P18M for Quake-Hit Churches
Cebu Governor Pamela Baricuatro allocates P2 million each for nine northern Cebu churches damaged in the Sept. 30, 2025, earthquake to aid recovery and boost tourism. Read more.
Cebu PB seeks P18M to restore quake-damaged heritage churches
The Cebu Provincial Board approved a resolution requesting P18 million from Gov. Baricuatro to repair nine heritage churches in northern Cebu damaged by a magnitude 6.9 earthquake. Read the full story.
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Davao Tourist Passport Opens: Discounts, Promos for 2026
Explore Davao Region with the new Davao Tourist Passport. Get discounts, exclusive promos, and curated travel guides for P500. Valid for all of 2026. Discover more!
Ayala Land Opens 2nd CityFlats in Cebu Business Park
Ayala Land Inc. soft-opens its second CityFlats co-living property in Cebu Business Park, offering 392 furnished rooms. The move responds to strong demand from young professionals seeking to escape traffic and high rents. Read more.
Millions of Filipinos Remain 'Credit Invisible'
Despite digital wallet growth, many Filipinos lack credit access, limiting loans for homes or businesses. New TransUnion data reveals risks and opportunities for inclusive finance. Read more.
Gov't Aims to Hit 2025 Economic Growth Target
Malacañang remains optimistic about achieving the 5.5%-6.5% GDP target for 2025 despite hurdles. Palace urges Congress to fast-track the 2026 budget to avoid a reenacted spending plan. Read the latest updates.
Cebu's Top Line Corp. to Raise Capital After Shareholder Vote
Cebu-based Top Line Business Development Corp. gets shareholder nod to reclassify 800M shares, paving the way for a 2026 capital raise to fuel expansion and direct fuel imports. Read more.
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Senate Bill Pushes to Revive Philippine Coffee Industry
A new Senate bill proposes a 10-year plan to revive the Philippines' coffee sector, cut import reliance, and boost smallholder incomes by 2035. Learn about the P15B annual funding and key programs.
PH Factory Price Growth Slows in October 2025
Philippine Producer Price Index growth eased to 0.3% in October 2025, pulled down by electronics and food. Discover the key drivers and what it means for inflation.
BIR Amends Rules for Secretary's Certificates
The BIR now accepts documents signed by Assistant Corporate Secretaries, streamlining business registration for Philippine companies. Learn how this change reduces administrative burden.
Devanadera Wins Inaugural GCG Leadership Award
CDC President Agnes Devanadera receives the first GCG Leadership Award for driving transparency and inclusive growth in Clark. Discover the reforms that earned her this historic honor.
DOLE: 13th Month Pay Mandatory for All Private Employees
DOLE Secretary Laguesma reminds all private sector employers to release the mandatory 13th month pay by December 24, 2025. Compliance reports are due by January 15, 2026.
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PhilHealth Pays Over P250B in Medical Claims for 2025
PhilHealth disburses a record P250.73 billion in medical claims from Jan-Oct 2025, an 83% jump. See how this impacts healthcare access for Filipinos.
Safety Priority for San Fernando's 117th Giant Lantern Fest
San Fernando City prepares for the 117th Giant Lantern Festival on Dec 13. Mayor Caluag emphasizes safety as thousands expected. See the 10 competing barangays and exhibition details.
DSWD Mandates 1% Job Quota for Persons with Disabilities
The DSWD launches Administrative Order No. 11, reserving 1% of all positions for persons with disabilities. This progressive policy aims to ensure equal employment opportunities and promote inclusivity in public service.
P500M Convention Center to Rise in Davao's Maa
A Davao-based firm invests P500 million in a new convention center in Maa, set to rival SMX Davao. This major project signals robust growth in the city's MICE sector and economy. Read more.
Cebu CBRT Dry Run Finally Set for December 2025
Cebu City Mayor Nestor Archival confirms the Cebu Bus Rapid Transit (CBRT) dry run will start on December 11 or 12, 2025, ending repeated delays. Read the latest updates on this major infrastructure project.
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Major Fuel Price Rollback: Diesel Down P2.90/Liter
Major oil firms announce significant price cuts for diesel and kerosene starting Tuesday, December 2, 2025. Gasoline sees a slight increase. Read the full details and cause.
Cebu Chamber's Grand Chamber Awards 2025 Celebrates Business
The Cebu Chamber of Commerce and Industry's Grand Chamber Awards 2025 recognized business and civic achievements, highlighting innovation and local enterprise. Discover the key figures and impact.
Gov't Raises Socialized Housing Price Ceilings
The Philippine government has approved higher price ceilings for socialized housing to P950,000, aiming to revive stalled projects and boost supply under the 4PH Program. Learn how this affects developers and homebuyers.
RRHI Completes P146M Premiumbikes Acquisition
Robinsons Retail Holdings Inc. finalizes its purchase of Premiumbikes Corp. for P146 million, marking its strategic entry into the Philippines' growing motorcycle retail sector. Discover the details of the deal.
Give via #LightTheWorld Machines in Cebu After Twin Calamities
Businesses scaling back holiday spending can support local charities through Giving Machines at Nustar. The initiative expands to Bacolod, offering food, medical care essentials. Join the drive!
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Hotel101 to Build 429-Room Condotel in Italy, Targets 2028
Hotel101 Global, a DoubleDragon unit, signs a joint venture for a new 429-room property in San Donato Milanese, Italy. The project aims to generate €85.8M in sales, marking its second European site. Read more.
The Founder's Dilemma: Knowing When to Step Down
Many brilliant founders past 70 cannot let go of their life's work, risking their legacy. Explore the psychological barriers to succession planning and the wisdom of transition.
Why Focus Must Come Before Discipline for Success
Discover the proven formula for lasting success from a Filipino business family. Learn why clarity of focus must precede discipline, as shown by the Michelin-recognized Lantaw and House of Lechon.
OPEC+ Pauses Oil Production Increases in 2026
OPEC+ suspends planned oil output hikes for January-March 2026, citing seasonality. The alliance, led by Saudi Arabia and Russia, opts for a cautious stance. Discover what this means for global oil markets and the Philippines.
BDO raises $500M from offshore notes, 3.2x oversubscribed
BDO Unibank secures $500 million from a five-year offshore bond sale, oversubscribed by more than 3 times. Funds will support lending and corporate growth. Read the details.
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Mixed Fuel Price Adjustments Announced for December 1
Oil firms announced a major P2.90/liter diesel rollback and a P3.20/liter kerosene cut on Dec 1, while gasoline increased slightly. Get the latest on fuel price trends and the global factors driving the changes.
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