Cebu's 2026 Budget Reopened for P179M in Cuts
Cebu's P11.9 billion 2026 budget faces delay as lawmakers reopen it for changes to meet national rules. Key allocations for disaster aid and tourism are adjusted. Read the full story.
Category : Search result: consumer spending shift
Business Group Lists 5 Priorities for 2026 National Budget
The Philippine Chamber of Commerce and Industry calls for the P6.79-trillion 2026 budget to focus on infrastructure, skills, trade, resilience, and food-water-energy security to drive inclusive growth.
US Retailers Shuttered 8,200+ Stores in 2025
US retailers closed over 8,200 stores in 2025, a 12% surge, driven by tariffs, heavy debt, and shifting consumer habits. Major chains like Rite Aid and Big Lots filed for bankruptcy. Read the full analysis.
Cebu Retail Sector Cautious for 2026, Sales Growth Stalled
Cebu's retail sector expects flat sales in early 2026 due to weak consumer spending and delayed government projects. Industry leader Robert Go shares insights and potential second-half opportunities.
Duterte Assures Transparency on P49B Davao DPWH Projects
Davao Rep. Paolo Duterte defends DPWH projects from 2020-2022, citing official certifications. Amid flood control fund debates, he challenges media to probe actual spending. Read more.
Marcos Halts New Flood Budget, Demands Accountability
President Marcos Jr. halts new flood control funds, redirects P350B to education and health. Anti-corruption drive leads to arrests and a new independent commission. Read the full report.
Japan's Defense Budget Hits Record $58B for 2026
Japan's draft defense budget for 2026 reaches a record 9.04 trillion yen, accelerating its military buildup. Discover the key projects and the historic shift in spending policy.
Cebu City Enacts Total Ban on Gambling Advertisements
Cebu City Council passes a resolution for a complete ban on all gambling ads, aiming to protect public welfare, especially youth, and boost the local economy. Learn the details and implications.
Cebu City Aims to Curb Deceptive Real Estate Showrooms
Cebu City Councilor Harold Kendrick Go pushes a new ordinance requiring developers to clearly disclose what buyers actually receive upon unit turnover, with fines up to P5,000 for violations. Learn how this protects your investment.
Cebu City Council Imposes Total Ban on Gambling Advertisements
Cebu City prohibits all gambling ads, online and offline, to protect public welfare and youth. The move aligns with national efforts to reduce problem gambling and its economic impact. Read more.
Cebu Advocates Urge Halt to Power, Water Rate Hikes
Cebu consumer group Cera calls for a freeze on utility rate increases and uninterrupted power this Christmas, as rising costs push households to the brink. Read their urgent appeal.
Consumer Optimism High for 2026 as Business Confidence Falls
BSP surveys reveal Filipino households remain positive about the 2026 economy, planning more spending, while businesses turn cautious. Dive into the data on inflation, peso, and hiring.
Visa: Filipino Holiday Spending Grows 8%, Peaks Dec 23
Visa Philippines reports an 8% annual growth in Filipino Christmas spending, with December 23 as the peak day. Discover the spending trends and top tourist origins. Read more for insights.
PH Business Optimism Up in Q4 2025 Despite Consumer Caution
Philippine business confidence rose to 29.7% in Q4 2025, fueled by holiday demand. Yet, consumer sentiment fell to -22.2% on inflation, corruption fears. Read the full BSP survey analysis.
CEAP: Budget Livestream a Step for Transparency, Reforms Needed
The Catholic Educational Association of the Philippines welcomes the first-ever livestream of bicameral budget talks as a transparency win. It urges lawmakers to build strong public institutions over political patronage. Read more.
Police Deployed to Markets to Stop Holiday Price Manipulation
The PNP is intensifying market surveillance to protect consumers from price gouging and hoarding ahead of Christmas. Learn how this operation aims to ensure fair prices.
Grab's Asenso Caravan Boosts Digital Shift for PH MSMEs
Grab Philippines concludes its Asenso Learning Caravan in Cebu, training MSMEs in AI, digital marketing, and cashless payments to capture rising digital demand. Learn how this initiative fosters an inclusive digital economy.
Police Deployed to Markets to Curb Holiday Price Gouging
The Philippine National Police is intensifying operations in markets to prevent hoarding and profiteering as meat and vegetable prices rise ahead of Christmas. Learn how authorities are protecting consumers.
US Auto Market Shifts as Buyers Rethink Spending
Rising car prices and economic worries push Americans to buy used cars and extend loans. The EV market slumps after a key tax credit ends. Discover the full impact on consumer spending.
4 Defective Scales Seized in Lapu-Lapu Market
Lapu-Lapu City officials intensify market inspections after confiscating 4 tampered scales. Daily random checks implemented to protect consumers during holiday shopping season. Stay informed!
Cebu November Inflation Seen at 1.1%-1.9%
BSP forecasts Cebu's November 2025 inflation between 1.1% and 1.9%. Discover the factors behind this economic trend and its implications for consumers.
RCBC Credit Card Spending Surges 32% for Holidays
RCBC reports a 32% surge in credit card billings as Filipinos spend more on travel and dining. Digital adoption grows 88%. Discover the trends driving growth.
Lapu-Lapu Market Confiscates Tampered Weighing Scales
Lapu-Lapu City market inspectors confiscated 4 tampered weighing scales from vendors. Stay alert this Christmas season as random inspections intensify.
Cebu City 2026 Budget Cut to P13.3 Billion
Cebu City Council reduces 2026 budget to P13.3B, citing unclear hiring plans and questionable manpower requests. Mayor Archival's fiscal policy drives cuts while key programs receive boosts.
Cebu City 2026 Budget Slashed to P13.3 Billion
Cebu City Council trims 2026 budget to P13.3B, citing unclear manpower requests and procurement plans. Essential services like police and health get boosts. Learn more.
Ejercito: Continue infra spending despite scandal
Senator JV Ejercito urges continued infrastructure investment to boost the Philippine economy and create jobs, despite a 43% spending plunge and corruption scandal.
Comelec Ruling on Escudero, Marcoleta Cases Due
Comelec will decide on Senator Escudero's campaign donation case by Wednesday and Senator Marcoleta must explain P112M election spending discrepancies by next Friday. Read the latest updates.
Vietnam Tops ASEAN Consumer Confidence at 67
Vietnam leads ASEAN in consumer optimism with UOB index score of 67, driven by economic stability and strong personal finances. Discover what this means for regional growth.
Negros Power: No Disconnections, Penalties After Typhoon
Negros Power waives penalties and halts disconnections for unpaid bills from Nov 4-Dec 31, 2025, after Typhoon Tino. Consumer group Access praises the company's holistic relief efforts.
Davao Region Shows Diverging Inflation Trends
PSA reports a widening inflation gap in Davao Region. Davao del Sur hits 1.8% while Davao City slows to 1.2%. Discover the key drivers and household impacts.
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