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Cebu business leaders pin high hopes on sufficient power supply

CEBU business leaders count on ample power supply and baseload reserves from new power plant facilities to help sustain the province’s rapid growth and development. In an interview, Mandaue Chamber of Commerce and Industry (MCCI) incoming president Mark Ynoc emphasized how vital energy is as the country’s economy bounces back…

Power plant expansion in Cebu elated business sector

CEBU’S business sector welcomes the expansion of power plants in Cebu to support various industries’ growth and shield the province from economic losses due to power outages similar to what happened earlier in Western Visayas.

2024 Budget Approval: Impact on Economic Growth and Government Services

Discover how the approval of the P5.768 trillion budget for 2024 is set to drive economic expansion in the Philippines. With the highest allocations for social and economic services, the budget aims to deliver efficient government programs and services, fueling growth and addressing critical national needs. Learn how the timely passage of the budget is poised to support the country's resilience and sustainable development in the face of global economic uncertainty. Read more about the impact and implications of this significant budget approval.

The BSP s Off-Cycle Rate Hike: What You Need to Know

The Monetary Board of the Bangko Sentral ng Pilipinas has decided to raise its policy rate by 25 basis points effective Friday, Oct. 27, 2023, in a bid to tame inflation. The interest rate for loans is now at 6.5 percent. This is typically done in response to unexpected economic developments or crises to address issues like inflation, currency stability, or financial market disruptions.

Historic Edition of the PropertyGuru Asia Property Awards (Australia) Commemorates the Country s Finest Real Estate

Historic Edition of the PropertyGuru Asia Property Awards (Australia) Commemorates the Country s Finest Real Estate
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