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Oil prices fall below zero
Breaking world news! Oil prices survived the largest collapse in history All day April 20 quotes on the London Stock Exchange ICE beat anti-records. At about 8 am London time, the cost of a barrel of oil of the American brand WTI (West Texas Intermediate) for the first time in the 21st century fell below $15. However, as subsequent events showed, this was only the beginning: over the next hours, the price fell steadily and passed the $10 mark. A little les...
First Philippine company provide cacao beans to the European market
Breaking Philippines News! First Philippine company to provide 20,000 kg of cacao beans to the European market MANILA—Department of Trade and Industry (DTI) Secretary Ramon Lopez congratulated Auro Chocolate for being the first Philippine company to provide cacao beans to the European market. On 16 April 2020, the container shipment of Mindanao-sourced, premium cacao beans arrived at the port of Antwerp, Belgium.The shipment, which brought 20,000 kg of cac...
New initiative for basic goods
Breaking Philippines News! New initiative from Department of Trade and Industry began series of Diskwento Caravan for basic goods with, or lower prices In the midst of the enhanced community quarantine, the Department of Trade and Industry (DTI) began its series of Diskwento Caravan in Navotas City last 14 April 2020 and in Taguig City last 15 April 2020, which was jointly conducted with the Department of Agriculture (DA).This initiative aims to supply bas...
Google make the own bank card
Breaking world news! Google will make the own bank card for their users Google is working on its own bank card integrated into the Google Pay payment service, TechCrunch reports. The company thus intends to compete with Apple and its Apple Card credit card, according to one of the sources of the publication.Google map, according to screenshots and images for internal use, will be issued in conjunction with banks Citi and Stanford Federal Credit Union. Phys...
DA Philippines distribute of free vegetable seeds
Breaking Philippines news! Free vegetable seeds and planting materials According to Department of Agriculture Philippines. To ensure food availability for COVID-19 threatened citizens, the Philippines Department of Agriculture is stepping up city farming by distributing free vegetable seeds and seedlings throughout the country.“We need to study all strategies to ensure that products are accessible to people, especially during this difficult time,” said Min...
What kind of employee will hired in this critical period
Job in the Cebu will open soon, but not all employee will can to come back to their places According to some estimates, the crisis associated with the spread of coronavirus may cost several millions of Filipinos. The problems have already begun: hardworking specialists in the tourism industry, small businesses cannot survive in the non-working month. The situation on the labor market changes literally every week. We asked about it, and now after it ends.Th...
The global economic crisis ahead
The global economic crisis ahead  The economist Nuriel Roubini, who predicted the financial crisis of 2008, listed the common misconceptions associated with the coronavirus that were common in the market. In his opinion, the belief in a speedy recovery of the global economy after defeating the epidemic is absurd, and hopes for China's rapid growth resemble the Goldilocks tale. Investors are “fooling themselves” in assessing how acute the economy will be wi...
The Visayan Electric is giving a 30-day payment extension
In the spirit of #DistributingPositiveEnergy in these times of crisis, Visayan Electric is giving a 30-day payment extension for all bills that are due on March 15 to April 14, 2020.Scheduled power interruptions will also be limited to customer requests and vital line maintenance to ensure that all customers will have uninterrupted electric service.For queries and emergencies, customers can reach us 24/7 through 230-8326, FB and Twitter.We value your safet...
Cebu City North District project
Breaking News!  CEBU, Philippines — Around P3 billion worth of expensive undertakings for Cebu City's north region are set to be executed for the current year, said Congressman Raul Del Mar. The development of skyways as well as passages in three most clogged streets in the main locale got the greatest apportionment at P1.3 billion. The venture begins from Gorordo Avenue—Salinas Drive — J. Luna Avenue — SM City, at that point Gorordo Ave. — Archbishop Reye...
Tourist spot.
Tourist Attraction: CEBU, Philippines — Businessman and restaurateur Edwin Ortiz opened a 4.5 hectare experience camp, giving another alternative to developing voyagers and nearby inhabitants looking for interesting escape goal. Situated in a tough rural region in western Cebu, in Gaas Balamban, the most up to date nature and experience venture in Cebu called Evo Nature Camp, offers one of a kind exercises for "glamping" (stylish outdoors) that are intende...
Banko Sentral ng Pilipinas released the new 20 pesos coin!
Breaking News!  The patched up 5-peso coin would be nonagon-formed, while the new 20-peso coin would have two-conditioned bronze and silver tints, as per the Bangko Sentral ng Pilipinas (BSO) in a 24 Oras report by Lei Alviz. "'Yung sa five peso, improved [at] binago namin ang kanyang hugis para unmistakable siya at makilala siya ng publiko, hindi nakakalito. Nine sides so nonagon," said Engr. Dahlia Luna, the senior asisstant legislative leader of the BSP...
Osmeña to file raps against Rama for SRP parcel deal
Breaking News!  CEBU CITY, Philippines — Former Cebu City chairman Tomas Osmeña is recording charges of unite and debasement against previous chairman and now Vice Mayor Michael "Mike" Rama for the clearance of the 45-hectare part having a place with the South Road Properties (SRP). Legal advisor Amando Virgil Ligutan, the lawful direction of Osmeña, said the charges will be recorded at the Office of the Ombudsman on Monday, December 9, 2019. Ligutan said...
Proposed charge absolution in Cebu City 'not reasonable'
Breaking News! Questions on whether the proposed duty pardon for reprobate citizens would be simply and compelling incited the Cebu City Council to concede its endorsement on Wednesday, Dec. 4, 2019. Some city councilors communicated questions that the proposed "Expense Amnesty Ordinance of 2019" would be a viable method for gathering unpaid business, genuine property and other neighborhood charges. For Councilor Joy Augustus Young, the proposed absolution...
‘Most typical place in the world’
Breaking News!  In his Dec. 3, 2019, Bloomberg assessment piece, financial analyst feature writer Tyler Cowen noticed that the most run of the mill spot ought to have a salary not very a long way from the world's middle. "As indicated by Gallup, world middle family unit salary was nearly US$10,000 in 2013 (however it is at this point to some degree higher). The normal family pay in the Philippines is about $5,340 at current trade rates, however as a signif...
To develop Camotes airport: Capitol eyes partnership with MCIAA, GMCAC
Breaking News!  CEBU, Philippines — A joint endeavor between the common legislature of Cebu and the GMR Megawide Cebu Airport Corporation and Mactan Cebu International Airport is among the conceivable outcomes investigated by Governor Gwendolyn Garcia to build up the air terminal in Camotes island. Garcia is directing a visual review of the Camotes air terminal today. She will be joined by MCIA head supervisor Steve Dicdican and GMCAC president Louie Ferre...
Cebu is the richest province
Good News!  From GMA online: Cebu is the richest province in the country, according to the Commission on Audit's Annual Financial Report. Top 10 richest provinces: Cebu - P35.659 billion Compostela Valley - P19.615 billion Batangas - P18.186 billion Rizal - P18.076 billion Bukidnon - P15.278 billion Negros Occidental - P14.446 billion Laguna - P11.587 billion Iloilo - P11.442 billion Palawan - P11.277 billion Zambales - P11.241 billion From Rappler: Cebu C...
Industry
Cebu City is not worse, and even better than other cities in Philippines. It is the center of trade, education and industry. Today such sectors as traveling, shipping, fishery, heavy industry also actively develop Cebu. As for shipping, 80% of Philippines shipbuilding companies are located in Cebu. Moreover, Philippines occupy the 5th position by the number of manufacturing ships around the world. Furniture production is quite serious and popular business...
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