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THE third bridge that will connect mainland Cebu to Mactan Island has some stakeholders seeing the transformation of Cordova town into an “investors’ paradise.” “Cordova will be the new investors’ paradise not just in terms of tourism…
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…
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,…
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…
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…
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…
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.…
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…
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…
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…
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…
The Philippine Economic Zone Authority (Peza) wants to tap Russian investments following its first time to participate in the Eastern Economic Forum in Russia last week. The move that would help “further diversify” the mix of foreign…
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