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FLAG carrier Philippine Airlines (PAL) will offer starting March 15 direct flights between Cebu and Los Angeles, California. This direct international service is expected to boost tourism and investments in Cebu and in the rest of southern…
Hundreds of micro, small and medium enterprises (MSMEs) in Central Visayas region have adopted environment-friendly practices under a German-funded project. The Promotion of Green Economic Development (ProGED) Project, a three-year project that will end this year, aims…
Adouble-digit decrease in export sales from Central Visayas was possible in 2015, given that global demand continued to be weak and major export markets have been reeling from external headwinds as well. Cebu exporters, however, remained “cautiously…
Exporters want Bureau of Customs to operate 24/7 With the resumption of classes and work today, exporters operating in Mandaue City and on Mactan Island expect traffic to be “very, very, very bad.” How bad the congestion…
THE Philippine Deposit Insurance Corp. (PDIC) will hold a forum with the depositors and borrowers of the shuttered Lapu-Lapu Rural Bank, Inc. on February 12, Friday, at the Carcar City Complex, about 40 kilometers south of Cebu…
AN annual franchising expo expects to attract more overseas Filipino workers (OFWs), especially those who may have lost their jobs as a result of the downturn caused by falling oil prices. Returning OFWs may consider investing in…
Gross domestic product expands by 5.8 percent in 2015 The economy expanded in the last quarter of last year by 6.3 percent, the highest quarterly growth for 2015. This brought the average full-year gross domestic product (GDP)…
Retired guidance counselor Portia D. Dacalos was going to spend Christmas with family and friends in New York. She took a side trip to Brazil to celebrate the birthday of her close friend and high school classmate…
For the past two decades, the go-to place for meetups, shopping, dining and entertainment in Cebu City was either Ayala Center Cebu or SM City Cebu. With the recent opening of two more huge malls, choices have…
SCHOOL-BASED FEEDING PROGRAM The Department of Education (DepEd) has allotted P74.74 million for Central Visayas region for the second tranche of the implementation the school-based feeding program. In a department order issued on December 9, Education Secretary…
Local businesses better be prepared to compete under an integrated regional economy. The Asean Economic Community (AEC) was formally created during the 27th Asean Summit on November 22 in Kuala Lumpur, creating a huge single market of…
Newly listed Cebu-based retailer Metro Retail Stores Group, Inc. is set to take out a P1.05-billion loan from the Union Bank of the Philippines. In its regular board meeting last Thursday, the board of directors passed a…
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