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

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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 arrivals in the “historic resort city” to grow further as more developers place their confidence in the metropolitan’s […]

Posted: May 12th, 2017 in Enterprise | Read More »

Villar assures ‘infra boom’ for Cebu

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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 Metro Cebu Expressway that will connect Naga City in the South to Danao City in the north, said […]

Posted: May 3rd, 2017 in Headlines | Read More »

BIR: Cebu property boom to boost tax goals

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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 goals for this year as real estate and construction businesses continue to thrive in the province. “We hope […]

Posted: April 19th, 2017 in Enterprise | Read More »

Economic outlook

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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 by government planners and what will be decided on by foreign and domestic finance institutions that provide the […]

Posted: January 5th, 2017 in Opinion | Read More »