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Upcoming Projects in Lapu-lapu City
The city is poised for significant development with the announcement of two major infrastructure projects aimed at enhancing local amenities and services. Among the current projects in line are the Solar Water Pumping Station in Barangay Basak with a budget of ₱11.76 million. This project aims to provide a reliable backup water supply during shortages. […]
GDP Growth reached 6.3% in the 2Q of 2024
In the second quarter of 2024, the Philippines' GDP growth rate reached 6.3%. This represents a significant increase compared to the 4.3% growth rate in the same period of the previous year, positioning the country as one of the top-performing major emerging economies in Asia. The primary driver of this high growth rate was public […]
CEB will launch direct flights from Cebu to Osaka
Direct flights between Cebu and Osaka, Japan will soon be available on the low-cost carrier Cebu Pacific. The new route intends to increase travel from the Philippines to Japan. Beginning October 15, 2024, the airline will start operating a four-day-a-week schedule between Cebu and Osaka, on Tuesdays, Thursdays, Saturdays, and Sundays with the following flights […]
CBRT Project Set to Revolutionize Cebu City's Economy and Spark Investor Interest
The Cebu Bus Rapid Transit (CBRT) project is on track to revolutionize Cebu City's economic landscape. This public transportation initiative is tailored to meet the needs of Cebuanos, with over 70% relying on public transport for daily travel. The project encompasses 13.18 kilometers (km) of segregated lanes with 17 stations, one depot, and one trunk terminal, connecting South […]
Overview of the Metro Cebu Expressway
The Metro Cebu Expressway is a vital infrastructure project designed to address and alleviate the pervasive traffic congestion in Metro Cebu. Spanning approximately 56.9 kilometers, this high-standard arterial toll road will extend from Naga City in the south to Danao City in the north, effectively connecting major transport routes across the region. Purpose and Benefits […]
Skyway Construction in Lapu-Lapu City to Begin Soon
The development of Lapu-Lapu Expressway (LLEX) is set to start before long to diminish travel time to the Mactan-Cebu International Airport (MCIA). The steamed leader of Lapu-Lapu City detailed this in the midst of the Tourism Talk event on July 11, 2024. A memorandum of understanding will be signed with Premium Megastructures Inc. (PMI) and […]
Economic Growth Outlook for 2024-2028
At the 188th Development Budget Coordination Committee (DBCC) meeting, the economic growth forecasts for 2024 to 2028 were announced. GDP Growth Assumptions (2024-2028) Year 2024 : 6.0% - 7.0%Year 2025 : 6.5% - 7.5%Year 2026 to 2028 : 6.5% - 8.0% To achieve these goals, the government has outlined various measures including "sustaining government efforts […]
SM City Cebu Unveils Unique Development
Cebu City, Philippines – SM City Cebu has made a breakthrough decision by unveiling a one-of-a-kind and distinct addition to its ever-growing complex. The latest development includes a nine-floor-level parking building that will also be the site of the National University (NU) campus in Cebu. In this new construction, the sixth to ninth stories will […]