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News Cebu. Economics

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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...
Economics
In acknowledgment of the exceptional business visionaries with significant commitment to the development and financial improvement of Cebu, the Cebu Chamber of Commerce and Industry (CCCI) every year holds the Grand Chamber Awards (GCA) and Fellowship Night that fills in as a coming full circle action of the month-long festival of the Cebu Business Month in June.  The GCA and Fellowship Night yearly perceives praiseworthy Cebuano people, business people, a...
Economics
The most recent report on the execution of the various areas of the nation demonstrates that the Central Visayas Region developed by 7.6 percent in 2018 in genuine terms at consistent 2000 costs, up from 5.2 percent in 2017. The utilization of steady costs is to evacuate the impact of expansion. With expansion, the locale developed by 11.9 percent in 2018 in ostensible terms at current costs. The distinction between the genuine and ostensible development r...
Economics
CEBU CITY, Philippines—Cebu Holdings Inc. (CHI) will put in any event P10 billion in different tasks in the following five years, said CHI president Aniceto Bisnar Jr.  "We might want to proceed with our development way since we are as of now present in no less than five domains. We have Cebu Business Park, Cebu IT Park. At that point we have the Gatewalk improvement in Mandaue, our Seagrove advancement in Lapu-Lapu (City) and furthermore our SRP property...
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