New Zealand to tax int’l visitors amid tourism boom

AFP 06/15/2018

New Zealand announced plans Friday to introduce a tourist tax and increase other fees for international visitors to fund infrastructure development in the face of a tourist boom. Tourism numbers in the country of 4.5 million have…

eSports boom fuels PC demand in PH

Victor Anthony V. Silva 10/05/2017

THE booming eSports scene in the Philippines has fueled the recent rise in demand for personal computers (PC) here. JB Aquino, marketing and communications lead for Acer Philippines, said that although the eSports scene is not as…

Architects and the boom!

Victor Anthony V. Silva 08/11/2017

Architecture industry gets boost from real estate sector’s growth Behind every successful real estate venture are many other firms under the value chain, among which are architectural companies tasked to breathe life into developers’ concepts. With the…

Property boom continues

Cris Evert Lato-Ruffolo 06/02/2017

METRO CEBU The real estate sector in Cebu continues to grow with more available spaces in the office, retail and residential markets as the local economy is fueled by tourism, business process outsourcing and household spending supported…

Cebu’s economic boom boosts demand for high-end condo units

Aileen Garcia-Yap 05/27/2017

Ayala Land Premier (ALP) continues to bank on Cebu’s growing demand for distinctive and exclusive high-end residences. It recently launched its third luxury condominium project in Cebu, The Alcoves, that will rise on top of Ayala Center…

LAPU-LAPU CITY: Tourism to continue to fuel real estate boom

Victor Anthony V. Silva 05/12/2017

The influx of tourists in Lapu-Lapu City brought about by new commercial developments is foreseen to change the city’s real estate landscape in the next few years. Hembler Mendoza, Lapu-Lapu City tourism officer, said he expects tourist…

Villar assures ‘infra boom’ for Cebu

Jose Santino S. Bunachita 05/03/2017

Cebu will experience an “infrastructure boom” under the Duterte administration with four major projects aimed at resolving Metro Cebu’s traffic and flooding problems in the next few years. On top of the list is a P50 billion…

BIR: Cebu property boom to boost tax goals

Victor Anthony V. Silva 04/19/2017

THE Bureau of Internal Revenue in Central Visayas (BIR-13) is banking on Cebu’s property boom to help meet its tax collection target for this year. Aynie Mandajoyan-Dizon, BIR-13 assistant regional director, said they hoped to hit their…

Economic outlook

Editorial 01/05/2017

The three-part series on Cebu’s business outlook for this year, with a glimpse into the next few years, looks good at least on paper since, as everyone knows by now, anything can happen between what is set…

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