ECONOMIST CITES MULTIPLIER EFFECT OF TOURISM BOOM IN CEBU.
Publication: AsiaPulse News
Publication Date: 28-NOV-06
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CEBU CITY, Nov 28 Asia Pulse - Economist Bernardo Villegas said that increased sales of hotels and restaurants during the 12th ASEAN Summit here would also mean higher sales and income for related industries such as suppliers of food and other services.
Citing the multiplier effect of the summit, Villegas said that the...
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