News

Cebu is making a strategic shift. Rather than relying solely on promotional campaigns to attract foreign capital, the province is now positioning itself as a credible, long-term partner for Japanese investors—anchored firmly on discipline in governance and business standards. According to Jay Yuvallos, president of the Cebu Chamber of Commerce and Industry (CCCI), the core of this strategy lies in...

Cebu’s rapidly evolving logistics industry is fast becoming one of its most compelling investment magnets. As companies increasingly seek locations that can support faster, more resilient supply chains, the province’s integrated transport and trade ecosystem is capturing serious attention. This is according to LDL Group of Companies, a key player in the local logistics and transport...

In a significant bilateral milestone, the Philippines and Japan have successfully concluded negotiations for an updated Double Taxation Convention (DTC). The formal talks, held from January 27 to 30, 2026, mark a pivotal step in modernizing the fiscal relationship between the two nations. Consequently, this update aims to better support the evolving global business environment. Treaty Overview and Next...

Cebu has solidified its position as the nation’s leading information technology and business process management (IT-BPM) hub outside Metro Manila, demonstrating remarkable resilience despite recent market challenges. However, industry experts are now warning of a tightening office supply as demand continues its upward trend. In response to this constraint, leaders are urging local real estate...

Despite facing significant industry challenges, the Mactan-Cebu International Airport (MCIA) recorded a notable increase in passenger traffic last year. As the nation’s second busiest airport, MCIA welcomed approximately 11.6 million travelers in 2025, according to official data. This figure represents a 3% growth from the 11.3 million passengers served in 2024. Domestic Travel Remains Key Growth...

Under a vibrant sea of colorful costumes and to the powerful, rhythmic beat of drums, millions of devotees and visitors filled the streets of Cebu this third Sunday of January for the grand culmination of Sinulog 2026. Consequently, the festival, celebrated in honor of the Santo Niño, once again transformed the city into a magnificent display of living faith and shared cultural heritage, profoundly...

In a decisive move to strengthen its economic position, the Cebu provincial government launched a major push for investment this week. The Cebu International Investment Summit (CIIS), which opened on January 12, serves as the centerpiece of this campaign, directly courting both local and foreign capital.Governor Pamela Baricuatro set the tone, framing the three-day summit as a critical step to rebuild...

The Province of Cebu has officially launched the Cebu International Investment Summit (CIIS) 2026, a pivotal initiative designed to attract global capital and strategically establish the province as a premier economic hub in the Asia-Pacific region. Scheduled for January 12-16, 2026, the summit will be hosted at the Cebu Provincial Capitol Social Hall. It is organized by the Cebu Provincial Investment...

The Philippine economy is projected to accelerate in the final quarter of this year, according to a new analysis from the state-run think tank. However, experts also warn that full-year growth will likely miss government targets due to pressing institutional challenges. A Stronger Quarter, But A Sobering YearIn a recently released discussion paper titled Macroeconomic Prospects of the Philippines in...

First Metro Securities recently highlighted a critical juncture for Philippine equities. According to the firm’s November 28 Market Focus report—authored by analysts Mark Angeles and Estella Villamiel—the market faces divergent paths ahead, shaped by both local challenges and global dynamics. Current Market Weakness: Key Factors To begin with, Philippine stocks have underperformed regional...