Alegria gas, oil extraction site ready for commercial operations

Rosalie O. Abatayo 05/11/2018

Chinese mining petroleum firm to inaugurate facilities on May 19 The 10-hectare oil and gas extraction site in Barangay Montpeller, Alegria town in southern Cebu will soon start commercial extraction operations especially with the inauguration of the…

Investment drive on for Call Center City

Jose Santino S. Bunachita 04/27/2018

IT-BPM REMAINS A SUNSHINE INDUSTRY IN CEBU If Cebu’s information technology and business process management (IT-BPM) sectors continue its growth of between seven to ten percent annually, the industry will need more workers. According to the Cebu…

Developers urged to ride tourism wave

Jose Santino S. Bunachita 04/20/2018

Vibrant industry attracts international brands with CLI-Radisson group bringing Radisson Red Hotel to Cebu Tourism has remained as one of Cebu’s major economic drivers over the past years, and it has no signs of slowing down anytime…

Infra spending up 34.6%

Inquirer.net 04/20/2018

January-February THE amount spent by the government on infrastructure jumped by over a third to P93.8 billion as of February, the latest Department of Budget and Management data released on Friday showed. In February alone, spending on…

Grand Residences Tower 1 ready for Sept. turnover

Vanessa Claire Lucero 08/24/2015

The first of five condominium buildings planned for Grand Residences is slated for turnover next month. Tina Pestaño, Grand Land, Inc. vice president for sales and marketing, said 98 percent of the 247 condominium units in East…

Mabolo Garden Flats execs eye young entrepreneurs

Vanessa Claire Lucero 08/21/2015

SOHO UNITS A local developer is targeting young entrepreneurs for their Small Office Home Office units in their 25-story Mabolo Garden Flats. The SOHO units will serve both residential and commercial needs of these entrepreneurs. Construction of…

AppleOne tops off second tower in Banawa project

Vanessa Claire Lucero 08/18/2015

APPLEONE Properties, Inc. topped off Tower 2 of AppleOne Banawa Heights last Saturday and targets to top off Villa One in six to eight months. The company is also looking forward to start the construction of the…

Low-cost developer launches first project

08/05/2015

Seven out of 10 low-cost house-and-lot units offered at Sunberry Homes have been sold, a top executive said. The P300-million project is the first venture of Sunberry Homes, Inc., an affiliate of Contempo Property Holdings, Inc. It…

Demand for low-cost housing remains high

Vanessa Claire Lucero 07/23/2015

Developers note  backlog in Cebu, not oversupply Despite the numerous residential projects being undertaken in Cebu, the demand for low-cost housing has continued to increase, a property development company executive said. Alexander Ace Sotto, general manager for…

Why buy when you can rent

Invictus Paradela 06/23/2015

The common sales pitch of the real estate seller is “why rent when you can buy.” For all practical intents and purposes, there are indeed situations where renting is the wiser choice. Perhaps the Germans know something…