According to the NSCB poverty statistics they didnt allow Cebus claim of prosperity because it does not show the improvement of its peoples living conditions because there are still few families and a number of foreign investors funnel billions of pesos into its banks, the rich are getting richer and the magnitude

Is Cebu a poor region?

CEBU CITY, Philippines -The poverty incidence in Central Visayas has decreased dramatically, a survey conducted in 2018 by the Philippine Statistics Authority (PSA), showed. Meaning, only 242,000 individuals are suffering from poverty in the region based on the 2015 survey.

Which city is the poorest city?

Cleveland had the highest poverty rate among large U.S. cities in 2019, overtaking Detroit, according to data released by the U.S. Census bureau last week.

What is the richest city in America?

1. Atherton, California. Home to tech billionaires such as Facebooks Sheryl Sandberg and Googles Eric Schmidt and just a short drive from Palo Alto and San Francisco, Atherton is richest place in America for the fourth year in a row.

Who is the richest woman in Philippines?

Teresita Sy-Coson - $2.7 billion. Elizabeth Sy - $2.4 billion.