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Cebu construction bounces

Booming. The construction of a hotel in Mandaue City is in full swing. After a sharp decline last year, bringing down Central Visayas’ gross regional domestic product to just 4.8 percent, the construction industry bounced back from the slump, with first sem...

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Traffic, business and cars

Traffic starts to build in one of the Cebu City streets in this Dec. 17, 2016 photo. (CDN PHOTO/TONEE DESPOJO). With more new vehicles on the road, business leaders cite t...

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PNOC eyes redevelopment of major assets

Lista MANILA, Philippines – State-run Philippine National Oil Co. (PNOC) is developing its major land assets from idle lands into various energy centers to boost is cashflow, its top official said. PNOC president Reuben Lista...

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Stocks tumble on global economic concerns

The Philippine Stock Exchange index (PSEi) plunged 99.19 points or 1.48 percent to close at 6,587.17, its lowest since February. File photo MANILA, Philippines – Lingering concerns on the global environment continue to...

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