Yu back as investment czar, ordered to grow BPO sector

Marites Villamor Ilano 05/31/2016

Grow the information technology-business process outsourcing (IT-BPO) sector and address all concerns to ensure that the sector’s potential to generate jobs is maximized. These were the marching orders of incoming Cebu City Mayor Tomas R. Osmeña to…

DTI brings Slingshot to Cebu

Marites Villamor Ilano 05/31/2016

THE Department of Trade and Industry (DTI) will bring to Cebu its Slingshot program, a platform for public dialog and partnership to accelerate the development of the startup community in the country. Joel Mari S. Yu, incoming…

PLDT targets hotels, retailers

Marites Villamor Ilano 05/26/2016

Telecommunications giant Philippine Long Distance Telephone Co., Inc. (PLDT) yesterday launched in Cebu the #MyNumber solution for micro, small and medium enterprises (MSMEs). Around 60 MSMEs, mostly from the tourism and retail sectors, were invited to the…

DTI set to open FabLab

Marites Villamor Ilano 05/25/2016

The Department of Trade and Industry (DTI) Cebu provincial office will open next month a digital Fabrication Laboratory (FabLab). Maria Elena C. Arbon, DTI Cebu provincial director, said this would be the second FabLab in Central Visayas…

Cebu grads dominate top 10 in CPA exam

Marites Villamor Ilano, Michelle Joy L. Padayhag 05/24/2016

Ten graduates from Cebu were among the topnotchers in the May 2016 Certified Public Accountant Licensure Examination. Of the 10, four graduated from the University of San Jose Recoletos (USJ-R) while six came from the University of…

Another solar power plant proposed in southern Cebu

Marites Villamor Ilano 05/23/2016

The Department of Energy has issued a service contract to Menlo Renewable Energy Corp. for the development of a 60-megawatt (MW) solar power plant in the City of Naga in southern Cebu. This was disclosed by MRC…

Aquino government to turn over ‘strong, stable’ economy

Marites Villamor Ilano 05/19/2016

The Aquino government is set to turn over a “strong and stable” economy to the next administration, with the gross domestic product (GDP) expanding by 6.9 percent in the first quarter of this year. Socioeconomic Planning Secretary…

Bullish outlook for retail sector as BPO workers drive spending

Marites Villamor Ilano 05/15/2016

Real estate services company Colliers International Philippines has maintained a bullish short-term outlook on Cebu’s retail market given the strong consumer spending propelled by rising incomes and purchasing power of Cebuanos, especially those in the business process…

Exports continue to decline amid weak global market

Marites Villamor Ilano 05/12/2016

Among 11 Asean economies, the Philippines saw the steepest decline in merchandise exports in March this year, according to the National Economic and Development Authority (Neda). In a statement, the agency said the weak global economy has…

Draft competition rules out; consultation set on Monday

Marites Villamor Ilano 05/11/2016

The Philippine Competition Commission (PCC) will hold a public consultation here on the draft implementing rules and regulations (IRR) for Republic Act 10667, or the Philippine Competition Act of 2015. PCC chairman Arsenio M. Balisacan said the…

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