Marcos Promises Major Investments to Boost Cebu’s Economy

CEBU CITY – President Ferdinand R. Marcos Jr. committed on Saturday to enhance investment in Lapu-Lapu City and the broader Cebu province, positioning them as central to the Philippines’ economic expansion. During a capsule-laying event for the new PH…

Trade Grows by Over 10% in February 2024

In February 2024, total trade experienced a significant growth of 10.8 percent, reaching a value of $2,405.5 million, compared to the previous month. The increase was driven by robust exports and imports, which totaled $1,547.3 million and $858.2 mill…

Oil Prices Rise on Strong US Demand and Middle East Tensions

New York — Oil prices experienced an uptick on Friday, driven by robust demand in the United States and escalating tensions in the Middle East. International benchmark Brent crude reached $89.66 per barrel by 10:36 a.m. local time, marking a 0.7 perce…