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Property investments continue to pour into Mandaue City

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MANDAUE City continues to attract more investors as more property developments continue to sprout in the city. Mario Ocleasa, Mandaue City Planning and Development officer, said in an interview yesterday that they attributed these development to Mandaue City’s location, which is now starting to be maximized. Mandaue, a 40-minute drive from downtown Cebu City and […]

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

‘Dutertenomics’ seen to drive more investments in Cebu

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The Duterte administration’s thrust to ramp up public spending on infrastructure was seen to drive private sector investments in the country, a local investment promotions official said. This, in particular, was a key in spreading development to rural areas still unreached by investments. “Infrastructure will really help, especially those that will improve the mobility of […]

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

BoI notes drop in investments as of Q1

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The value of projects registered with the Board of Investments (BoI) reached P720.58 million in the first quarter of 2017, down from P7.65 billion during the same period in 2016. Ellorence Cruz, BoI Cebu extension office OIC chief, said this was not necessarily negative since the kind of projects registered to the agency as well […]

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

Property boom continues

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With BOI-registered projects hitting P29.49B in 2016, expert sees more real estate projects this year A local investments official is expecting more real estate projects in Cebu despite the Board of Investments (BOI) being poised to set a cap on the value of mass housing units eligible for government incentives. Under the Investment Priorities Plan […]

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

Osmeña: I don’t run after investors, I run after people who try to swindle the city

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Investors are welcome in Cebu City, but Cebu City Mayor Tommy Osmeña reminds them that he has to be firm and fair and will not hesitate to implement the law. “I don’t run after investors. I run after people who commit crime by trying to swindle the city,” Osmeña told reporters in a press conference in […]

Posted: February 27th, 2017 in Breaking | Read More »

GROWTH PAINS

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Officials say conflicts surrounding Cebu City’s new economic zone, the South Road Properties, can spur development in other growth areas outside Cebu City While recent developments at the South Road Properties (SRP) could spell possible repercussions for Cebu City, other prime locations in Metropolitan Cebu, as well as the rest of the Visayas, may look […]

Posted: February 22nd, 2017 in Featured Stories,Headlines | Read More »

Envoy: Danish firms exploring Cebu market

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Investors from Denmark see lower cost of doing business, direct flights as Cebu’s come-ons Danish companies are expected to set up shop in Cebu soon as Denmark seeks to establish partnerships with growth areas outside Metro Manila. Jan Top Christensen, Danish Ambassador to the Philippines, said he sees a potential for Danish companies to come […]

Posted: February 16th, 2017 in Enterprise | Read More »

DTI-7 considers establishing another FabLab in region

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HAVING another Fabrication Laboratory (FabLab) in Central Visayas can improve the quality of products of more enterprises in the region. Director Asteria Caberte of the Department of Trade and Industry in Central Visayas (DTI-7) said they were considering opening another FabLab in the region this year, although they had yet to determine the final site […]

Posted: January 25th, 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 »

Traffic and the countryside

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(CONCLUSION) Biz leader: Set up eco-zone, townships in other Cebu areas to help ease Metro Cebu traffic Spread development to the countryside. Glenn Soco, Mandaue Chamber of Commerce and Industry (MCCI) president, gave this suggestion as one of the solutions to help ease traffic congestion in Metro Cebu. Soco is one of Cebu’s business group […]

Posted: December 29th, 2016 in Enterprise | Read More »