DCSTUDIO-FREEPIK CITIGROUP, INC. (Citi) expects the Philippine economy to expand by around 6% this year, partly driven by sustained growth in the business process outsourcing (BPO) sector. “We expect the growth in 2025 to stay within the 6% handle,” Citi Asia South Head Amol Gupte said in an online briefing on Monday. Citi’s forecast would be at the l...
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Jasper Emmanuel Arcalas - The Philippine Star Business Government collects P4.4 trillion in revenues Jasper Emmanuel Arcalas - The Philippine Star Last year’s revenues reached P4.41 trillion, exceeding both the targets set by the Development Budget Coordination Committee (DBCC) and the revised goal under the 2025 Budget of E...
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Philippines to host ASEAN Tourism Forum 2026 in Cebu Dominique Nicole Flores - Philstar.com Department of Tourism Secretary Christina Frasco attends the 12th ASEAN-India Tourism Ministers Meeting in Johor, Malaysia on Monday, Jan. 20, 2025. Department of Tourism Office of Public Affairs and Advocacy / Released ADVERTISEMENT MANILA, Philippines — Th...
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The condominium rental market in Cebu has experienced notable trends in recent years, reflecting shifts in demand, pricing, and investment opportunities. Here's an overview of the current landscape: 1. Rental Rates and Yields Rental rates in Cebu have seen a moderate increase, particularly in prime areas like Cebu City, Mandaue, and Lapu-Lapu City. As of October 2024, the average rental...
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The overall goal, Environment Secretary Toni Yulo-Loyzaga says, is to reforest these lands MANILA, Philippines – The Philippine government is set to open 1.2 million hectares of forest land for private investment and reforestation, after the Department of Environment and Natural Resources (DENR) releases data on these lands in the first quarter of 2025. “The D...
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