Cebuanos urged: Invest in retail treasury bonds

Victor Anthony V. Silva 11/21/2017

CEBUANOS are encouraged to invest in retail treasury bonds (RTBs). The Bureau of Treasury (BTr) is making this call to Cebuanos and giving them a viable investment option this Christmas as the BTr offers RTBs anew. Rosalia…

Furniture firm eyes bigger share of local market

Victor Anthony V. Silva 11/20/2017

YEARS after furniture manufacturers decided to cater to the local market amid a global exports slowdown years ago, local players are now seeing promising growth in domestic uptake. Such is the case of the Mandaue City-based Lenbert…

Biz heads hope infra program, tax reforms bid will be realized

Victor Anthony V. Silva 11/20/2017

Local business leaders have pinned their hopes on the realization of the government’s ambitious infrastructure program and proposed tax reforms to help sustain the uptrend in the country’s economy. Cebu Chamber of Commerce and Industry (CCCI) President…

Entrepreneur sees promise of goat farming venture

Victor Anthony V. Silva 11/19/2017

A fifty-six-year-old entrepreneur never intended his 10-hectare property to become what it is today — a growing, successful goat farm. In fact, Eddie Aguilar of Barangay Gunting in Barili town in southwest Cebu, had first intended to…

P1.5B resort to rise in Mactan

Victor Anthony V. Silva 11/17/2017

Filinvest’s Grafik Resort Mactan Cebu targets underserved millennial market The Gotianun-led Filinvest group is poised to strengthen its foothold on the domestic hospitality market as it opens a new resort and completes the expansion of its existing…

Programs identified where government can invest funds for MSMEs

Victor Anthony V. Silva 11/16/2017

  Local business stakeholders have identified priority programs the government should invest in more following the announcement of President Rodrigo Duterte to pour more funds to support the country’s micro, small and medium enterprises (MSMEs). Cebu Chamber…

Go beyond sightseeing, tourism sector urged

Victor Anthony V. Silva 11/16/2017

Local tourism stakeholders need to spice up their products if they want to attract more Japanese and Korean visitors, both of whom have been coming in and out of Cebu for so long. Alice Queblatin, president of…

Metro Retail on track to grow portfolio by 2020

Victor Anthony V. Silva 11/16/2017

CEBU-BASED Metro Retail Stores Group, Inc. (MRSGI) is on track to meeting its target of doubling its gross floor area by 2020 on the back of achieving solid bottom line figures in the first nine months this…

DOT in CV  to roll out ‘grand’ project, one-stop pasalubong center to boost Cebu tourism in 2018

Victor Anthony V. Silva 11/15/2017

Central Visayas can expect a more vibrant tourism industry as the government is set to roll out more programs in 2018. The Department of Tourism in Central Visayas (DOT-7) is planning at least three major projects for…

Cebu Landmasters earnings rose by 77%

Victor Anthony V. Silva 11/15/2017

HOMEGROWN property developer Cebu Landmasters, Inc. (CLI) booked a nine-month net profit of P959.8 million, up by 77 percent year-on-year on higher earnings from its real estate operations. In a disclosure to the Philippine Stock Exchange (PSE)…

Why Cebu can continue to attract more Asian visitors

Victor Anthony V. Silva 11/14/2017

DESPITE similarities among countries in the Asean region, a local tourism stakeholder pointed out that the Philippines, particularly Cebu, can still draw more Asian visitors with its diverse and unique product offerings. This comes as Central Visayas,…

PAL to open Cebu-Bangkok flights

Victor Anthony V. Silva 11/14/2017

Amid increasing public demand for direct non-stop flights from Asian destinations to Central Visayas, national flag-carrier Philippine Airlines (PAL) is set to open a service between Cebu and Bangkok starting Dec. 2. In a statement, PAL said…

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