Veco goes underground

Aileen Garcia-Yap, Jose Santino S. Bunachita 10/29/2014

The Visayan Electric Co. (Veco) yesterday inaugurated its first underground distribution system (UDS) project covering the one-kilometer stretch from the Fuente Osmeña Circle to the Cebu Provincial Capitol. The P70-million project, according to Veco president Jaime Jose…

Where kids can have trick or treat

Aileen Garcia-Yap 10/28/2014

It’s that time of year again when kids dress up like little fairies or monsters, walk around with pumpkin pails to either get a trick or a treat! This Halloween practice of western origin started as a…

Budget airline adds more Cebu flights

Aileen Garcia-Yap, Inquirer 10/28/2014

With a plan to tap more opportunities for trade and tourism, budget airline, AirAsia Zest will add more flights in Cebu for both international and domestic routes. Starting December 12, they will be flying twice daily to…

Cebu coffee shop chain sets aside P15M for expansion

Aileen Garcia-Yap 10/24/2014

A Cebuano-owned coffee shop chain is investing P15 million for five more outlets and for the expansion of the shop’s commissary next year. Glenn Soco, Coffee Dream founder, said yesterday that the Coffee Dream expansion includes two…

Investments pour into Cebu’s food sector

Aileen Garcia-Yap 10/23/2014

CEBU’S rich and growing retail market has attracted more investments in the last two quarters this year with the opening of at least four food and wine shops and cafes. STREET CAFE Businesswoman Trina Ang Kokseng’s cafe…

Commitment key for ILP to work

Aileen Garcia-Yap 10/22/2014

For the Interruptible Load Program (ILP) to work, it needs the commitment from business groups and local government. Sebastian Lacson, Visayan Electric Co. (Veco) chief operating officer, gave this advice following the call of the European Chamber…

Nissan introduces all-new SUV

Aileen Garcia-Yap 10/21/2014

With the auto industry expected to boom in the coming years, Nissan Philippines, Inc. (NPI) is looking to strengthen its presence in the country by introducing more new vehicles. NPI started its bid when it launched the…

Girl drowns in Banilad school swimming pool

Aileen Garcia-Yap, Chito O. Aragon 10/21/2014

An eight-year-old girl drowned in the swimming pool of a private school in barangay Banilad, Cebu City last Sunday. Charlene Panaligan, a resident of Lower Tak-an, barangay Budlaan, Cebu City was declared dead at the Gullas District…

Bluewater projects Resorts to get P50M, hospital P300M

Aileen Garcia-Yap 10/20/2014

A homegrown hotel and resort company has invested  around P50 million to upgrade its Bluewater Maribago and Sumilon properties and  P300 million within the next two years for their first hospital soon to rise in Mactan. Rhyz…

Naga industrial park seen to create 20,000 jobs

Aileen Garcia-Yap 10/20/2014

At least 20,000 more jobs in the manufacturing sector will be created for Cebu following the recent investment of local developer Primary Properties Corp. (PPC) on a 36-hectare industrial park in the City of Naga. The Naga…

Euro chamber pushes steps to solve woes

Aileen Garcia-Yap 10/17/2014

The European Chamber of Commerce of the Philippines (ECCP) has given six recommendations to help prevent the expected looming energy shortage next year in the Luzon grid. Guenter Taus, ECCP vice president, recommended the six short-term actions…

Resort pours P90M into Azure Beach Club

Aileen Garcia-Yap 10/14/2014

A RESORT in Mactan Island has invested at least P90 million for a new brand aimed at boosting the food and beverage segment of their business. After six months of redevelopment, Crimson Resort and Spa will officially…

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