Glut in high-end housing products seen

Aileen Garcia-Yap 01/14/2015

There may be a glut in the supply of high-end residential products in the country in the next three to five years but this trend won’t threaten the real estate industry. Economist Bernardo Villegas gave this forecast…

City hotels fully booked for Sinulog

Aileen Garcia-Yap 01/12/2015

Hotels and pension houses in Cebu City are not affected by the papal visit from January 15 to January 18 as these establishments are already fully booked for the Sinulog weekend from January 16 until January 19.…

Tour body to launch tweaked tourism campaign

Aileen Garcia-Yap 01/12/2015

Lakbay Lingaw The Cebu Tourism Commission (CCTC) is set to launch Lakbay Lingaw, a new tourism campaign to help Cebu’s Tourism industry to continue to move forward. “The Lakbay Lingaw is a tourism campaign that we hope…

Cebu traders welcome oil price plunge

Aileen Garcia-Yap 01/09/2015

Cebu’s business leaders said the continued decline in oil prices will have a temporary positive impact on the country’s economy, resulting in savings and extra disposable income for people. “With oil imports at half a price, that…

Welcome for balikbayans starts

Aileen Garcia-Yap 01/09/2015

The annual red carpet welcome for returning Filipinos was officially launched yesterday with the opening of the Balik Cebu booth at the ground floor of Ayala Center Cebu. “We will once again have a welcome dinner for…

Cebu an apple of developers’ eyes

Aileen Garcia-Yap 01/01/2015

YEARENDER: REAL ESTATE Experts see growth in all segments of the industry to continue in 2015 A robust economy, Cebu’s attractiveness to investors and continued recovery efforts in typhoon-struck  parts of northern  Cebu drove  the real estate…

Round fruits, prayers, and sticky sweets for New Year

Aileen Garcia-Yap 12/31/2014

Something round, something sweet and something sticky or long. Food with these qualities are often prepared for  New Year’s eve  as part of Filipino tradition and Chinese influences, said Melanie Ng, past president of the Philippine Retailers…

Yolanda relief operations boost industry’s growth

Aileen Garcia-Yap 12/31/2014

Cebu’s retail industry is considered one of the fastest growing industries this year with many new entrants in the market fueled by the growing local demand, a high demand for recovery goods, tourism and generally a robust…

Seniang damages lines; New Year power supply stable

Aileen Garcia-Yap 12/31/2014

Power distribution utilities confirmed some parts of Cebu are still without electricity, mostly as precautionary measure, while they survey extent in damage caused by tropical storm Seniang (international name: Jangmi). Cebu Electric Cooperative 1 (CEBECO 1) which…

Ham is for the holidays

Aileen Garcia-Yap 12/28/2014

Christmas parties are never without food. One gift idea is  already a staple  during celebrations —  ham. One can easily pick ready-to-serve hams in the supermarket, among them the Cebuano brand Virgina Foods Inc. (VFI) which offers …

Megawide group sees more int’l traffic to Mactan airport

Aileen Garcia-Yap 12/23/2014

PAL adds Japan flights   With more improvements expected to happen in the old Mactan Cebu International Airport terminal, new operators are planning to add more direct international flights — particularly, those  from the Middle East countries…

BSP warns against fake bills in Cebu

Aileen Garcia-Yap, Melissa Q. Cabahug 12/22/2014

“Look closer, feel and tilt” the peso bills you receive to check if these are genuine. The Bangko Sentral ng Pilipinas (BSP) gave these tips as they warned against the proliferation of counterfeit bills in the market…

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