Daluz: Osmeña’s allies in city council can’t reintroduce the P18-billion JVA

Morexette B. Erram 06/01/2018

If they were to follow the house rules, Cebu City Mayor Tomas Osmeña’s allies in the city councilor could not reintroduce the proposed P18-billion joint venture agreement between the city government and Gokongwei-led firm Universal Hotels and…

P1 BILLION A DAY

Jose Santino S. Bunachita 04/03/2018

ECONOMIC COST OF TRAFFIC JAMS Economic losses brought on by unresolved traffic congestion in Metro Cebu has been placed at P1.1 billion a day or even more, according to the initial results of a study being conducted…

The P3.5 billion botched dengue vaccine

Atty. Ruphil F. Bañoc 12/07/2017

My experience of vaccination is still fresh in my memory even if it happened during my elementary days in Barangay Pomponan Elementary School, a public school in, Baybay City, Leyte. Even today, the injection traces are still…

BTr eyes more than P8B from investors in Cebu

Victor Anthony V. Silva 11/23/2017

The Bureau of the Treasury (BTr) hopes to raise more than P8 billion in Cebu as it expects more Cebuanos to invest in the government-issued bonds following the strong local appetite during its bond offering last March.…

City eyes P3B LBP loan offer

Jose Santino S. Bunachita 10/31/2017

  Cebu City Mayor Tomas Osmeña is planning to avail of the P3-billion loan with the Land Bank of the Philippines (LBP) to fund various infrastructure, drainage and road concreting projects. If pursued, City Hall will have…

DOJ starts preliminary probe into P6.4B drug smuggling case

Inquirer 10/20/2017

  The Department of Justice (DOJ) on Friday began its preliminary investigation into the P6.4-billion drug smuggling scandal. Three of the nine respondents, including detained businessman Dong Yi Shen alias Kenneth Dong, Li Guang Feng alias Manny…

Diplomat: UN to ban $1 billion in North Korea exports

AP 08/05/2017

United Nations — A proposed new UN sanctions resolution would significantly increase economic pressure on North Korea to return to negotiations on its nuclear and missile programs by banning mineral and seafood exports worth over $1 billion…

AboitizPower raises P3 billion

Inquirer.net 07/03/2017

BOND FLOAT Energy firm Aboitiz Power Corp. (AP) has raised P3 billion from the issuance of fixed rate bonds to fund expansion plans and potential acquisitions. The bonds — which were listed on fixed income trading platform,…

Chinese investors to present $1.38 billion proposed projects to Duterte

Doris C. Bongcac 06/04/2017

CEBU CITY–A group of Chinese investors is scheduled to make a presentation on their proposed waste-to-energy and mass housing projects worth $1.38 billion to President Rodrigo Duterte during his scheduled visit to Cebu on late Sunday afternoon.…

Managing costly PR mistakes

Editorial 04/25/2017

The recent United Airlines wrongdoing of dragging out a seated passenger to accommodate airline employees should serve as a warning that a PR crisis can be very costly. Per industry reports, on the day of the passenger-removal…

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