The Freeman - Cebu Business | Philstar.com

The number of tourism establishments accredited by the Department of Tourism in Central Visayas rose 25 percent from a year earlier, as the government continues to waive processing fees to encourage more businesses to meet industry standards and improve their access to tourism markets.

I hate to say that: This isn’t a future problem. It’s happening now. We and our children are the ‘collateral damage’ in AI-led wars

More Philippine businesses can negotiate their electricity costs directly with suppliers after the government lowered the threshold for participation in the competitive power market, giving smaller commercial and industrial users an option to manage one of their largest operating expenses.

Cebu is pursuing smaller, staged manufacturing investments and technology ventures as it seeks to convert growing investor interest into new businesses and jobs, with a proposed electric motorcycle battery assembly project and an artificial intelligence (AI) research center among the initiatives under development.

The Philippines’ energy regulator has suspended trading in the electricity reserve market to curb elevated power costs, offering potential relief to consumers in the Visayas, where reserve prices have significantly exceeded contracted rates despite declining wholesale electricity prices.