Upgrades start in Mactan terminal

Aileen Garcia-Yap 12/19/2014

The new airport terminal operator, GMR Megawide Cebu Airport Corp., has started to upgrade features of the old terminal. The domestic departure check-in area now has two ramps and two X-ray machines. A wall was torn down…

Financial services firm to open 50 more VisMin outlets

Aileen Garcia-Yap 12/19/2014

Homegrown company MLhuillier Financial Services, Inc. (MFSI) will focus their firm’s expansion  next year on neighborhood branches. They will open at least 50 new branches  next year and their thrust will be more of the smaller community-based…

Tourism, wellness groups slam DOH requirements

Aileen Garcia-Yap 12/18/2014

Spa masseurs must take microbiology, physiology classes to get accreditation Several tourism-related groups have formed a united front to oppose the “impossible” requirement imposed by the Department of Health (DOH) on spa masseurs. The DOH is now…

Filinvest unveils enhanced master plan for 50-hectare City di Mare

Aileen Garcia-Yap 12/17/2014

P15B more for SRP project Filinvest Land, Inc. expressed renewed confidence in Cebu with the launching yesterday of a more enhanced master plan of their biggest joint venture project  with the Cebu City  government called City di…

Filinvest expects Capitol commitment to venture

Aileen Garcia-Yap 12/17/2014

Officials of Filinvest Land Inc. said yesterday that they respect the preliminary injunction issued by the Cebu City Regional Trial Court against the demolition of the wall along W. Geonzon Street. But they said they expect the…

Cebu exporters forecast: Faster recovery in 2015 seen

Aileen Garcia-Yap 12/16/2014

Cebu exporters hope to see a faster recovery next year as economies in their major markets start to improve. They are hopeful especially with the positive economic developments in the United States and Europe which are their…

Islands Group will open 12 more Islands Pinoy Deli outlets next year

Aileen Garcia-Yap 12/11/2014

Homegrown tourism-anchored retail chain will open at least 12 more outlets under their different brands next year. Jay Aldeguer, Islands Group president and chief executive officer, said they will continue to expand their two brands — Islands…

Parklane to open resorts, condotel

Aileen Garcia-Yap 12/11/2014

A local hotel chain will invest about P300 million for three expansion projects in the next five years. Cebu Parklane International Hotel holding company, Five Power Ventures Development Corp. (FPVDC), is set to expand their hotel business…

Cebu forwarders hit extra fees

Aileen Garcia-Yap 12/10/2014

P15K per container port congestion charge questioned The Philippine Sea Freight Forwarders Association Cebu Chapter (Pisfa-Cebu) is protesting the high cost of shipment charges including the additional P15,000 per container port congestion fee. Carmel Salvador, Pisfa-Cebu president,…

Veco may raise rates to P6.20/kWh

Aileen Garcia-Yap 12/10/2014

Expected summer increase due to expiration of 120MW Napocor contract An official of the Visayan Electric Company (Veco) is warning its customers of an expected increase in power rates by summer next year. This is because the…

Veco to shut power if wind reaches 90kph

Aileen Garcia-Yap 12/06/2014

THE Visayan Electric Company (Veco) will shut down power as a precautionary measure when winds  from typhoon “Ruby” reach 90 kilometers per hour. When teams restore power, they follow a sequence. “We start from the high voltage…

2K houses available in Cebu — developer

Aileen Garcia-Yap 12/04/2014

AT LEAST 2,000 more house and lot units for the economic segment will be available in Cebu in the next five years. They will continue to add more projects in Cebu especially to the underserved economic market,…

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