Small scale RE market reels in more investors

Jose Santino S. Bunachita 06/07/2018

More investors are exploring the small-scale renewable energy market in Central Visayas. This amid the thrust of the Department of  Energy Visayas Field  Office (DOE-VFO) to welcome more solar energy projects in Eastern and Central Visayas. Engineer…

EU envoy: Red tape turns off foreign investors

Inquirer.net 06/05/2018

EUROPEAN Union (EU) Ambassador to the Philippines Franz Jessen on Tuesday said foreign investors are more concerned about “red tape” in the country rather than increasing the daily minimum wage. “If we look at the European companies,…

Cebu ‘attractive’ to global investors

Jose Santino S. Bunachita 05/31/2018

Global investors in the real estate industry are looking seriously at Cebu as a potential investment destination in the country. Jonathan Umali, director of investments and asset management of the Arch Capital Management Co. Ltd., said that…

Cebu biz exec says investors’ tax perks must remain a priority

Jose Santino S. Bunachita 03/21/2018

Tax perks should be a temporary come-on for investors to continue pouring money into the Philippines while more pressing concerns are still being addressed, a Cebu business leader said. Despite the statement of the Department of Finance…

Hospital investors’ cry: Give us shareholder rights

Jose Santino S. Bun-achita 03/08/2018

SOME investors of a medical center being constructed in Cebu City have come out to complain against the management for not giving them rights as shareholders of the facility. Lawyer Mark Gaviola, one of the lawyers of…

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.…

Cut red tape, attract more power investors, gov’t urged

Victor Anthony V. Silva 11/07/2017

The government is encouraged to reduce red tape to make it easier for businesses to invest in the country’s energy sector. Guenter Taus, European Chamber of Commerce of the Philippines (ECCP) president, said that the Philippine government…

Despite FDI drop in PH, Cebu still sweet spot for investors

Victor Anthony V. Silva 10/23/2017

Fujitsu, latest foreign firm to open satellite office here Despite lower year-to-date inflows of foreign direct investment (FDI) to the Philippines, local business stakeholders believe that Cebu is resilient to this development and still remains a favorable…

Investors eye north Cebu: P1.4B Compostela projects

Jessa Mae O. Sotto 10/02/2017

CEV-Norkis tieup A residential development and a memorial park project worth P1.4 billion is expected to bring more economic progress to Compostela town, a third class municipality 31.6 kilometers from Cebu City. This developed after a Minglanilla-based…

French exec: Infrastructure can bring investors into Cebu

Victor Anthony V. Silva 09/17/2017

THE right infrastructure will not only attract foreign investors to locate in Cebu but will also help them expand their operations to other parts of the Philippines. Such was the case of French company Delfingen, a global…

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