Staggered increase for Mactan terminal fee Nov. 1 and Jan. 2015

Aileen Garcia-Yap 10/14/2014

Starting Nov. 1, domestic travelers leaving the Mactan Cebu International Airport will pay an additional P20 as passenger service charge (PSC) on top of the current P200. Another P80 will be charged starting Jan. 1 , 2016.…

PH economy in sweet spot, says Bangko Sentral exec Increased productivity, investments help sustain country’s growth

Aileen Garcia-Yap 10/13/2014

The country is in a sweet spot because the economy is growing rapidly and inflation rate is well within target levels. This was the assessment of Diwa Guinigundo, deputy governor of Bangko Sentral ng Pilipinas, on the…

Construction, food, auto show attracts 300 exhibitors

Aileen Garcia-Yap 10/10/2014

Some 300 exhibitors from the construction, food and beverage and automobile sectors showcased their latest products, technologies and industry trends at the three-day Philbex Cebu or the Philippine Construction Show. Philbex Cebu also runs the Cebu Autoshow…

Be prepared for calamities, businesses urged

Aileen Garcia-Yap 10/09/2014

There should be enough infrastructure to enable business continuity after a  calamity. Rey C. Lugtu Jr., Globe Telecom vice president for IT Solutions Group, said this is an important factor for businesses to continue to operate and…

P14B Megawide premium may fund airport projects

Aileen Garcia-Yap 10/08/2014

An official representing the Mactan Cebu International Airport Authority (MCIAA) made a call for support to retain in Cebu the P14.4 billion premium given by GMR Megawide Consortium to the Department of Transportation and Communication (DOTC). Retaining…

Group to improve Cebu’s food sector formed

Aileen Garcia-Yap 10/07/2014

Private and public organizations have created a consultancy group that will ensure Cebu’s food sector can fare well and can maximize opportunities  brought about by the Asean Economic Community (AEC). The Cebu Food Consultancy Group (CFCG) was…

Demand for CCTV up as biz booms in Cebu

Aileen Garcia-Yap 10/03/2014

Local businessmen have invested about P4 million for a new business venture offering security cameras and repair services for gadgets. “With Cebu’s economy going on a robust growth, many investments will be poured in here. However, only…

Fresh start for airport

Aileen Garcia-Yap 10/03/2014

When private managers take over the Mactan-Cebu International Airport on November 1, changes will be as visible as the crisp, new uniforms of staff and as ambitious as the promise of making it the “friendliest gateway” in…

Mactan airport brand launching today

Aileen Garcia-Yap, Victor Anthony V. Silva 10/02/2014

As their first step to aggressively promote Cebu to the global tourism market, new operators of the Mactan-Cebu International Airport, GMR-Megawide Cebu Airport Corp. (GMCAC), will launch the MCIA as a brand today at the airport’s MIP…

NO foul play in LAPU resort staffer’s death

Aileen Garcia-Yap, Norman V. Mendoza 10/02/2014

Police ruled out foul play in the death of a 36-year-old pool attendant of a posh resort in Lapu-Lapu City who was electrocuted while cleaning the pool at around 7 a.m. Tuesday. Victim Axiel Augusto and fellow…

MVP can be Asean czar, say Cebu business heads

Aileen Garcia-Yap 10/01/2014

Some business group leaders in Cebu support the call for the appointment of an “Asean czar” and even named a top businessman for the job. Fred Escalona, Philippine Exporters Confederation Inc. (Philexport) Cebu executive director, said he…

City Hall assesses road share trial; Intersections ‘not designed’ for it

Aileen Garcia-Yap, Doris C. Bongcac 09/30/2014

Cebu City officials are assessing feedback on Sunday’s road-sharing experiment amid complaints of traffic congestion in four major roads where half of the lanes were reserved for pedestrians from 3 p.m. to 7 p.m. Acting Mayor Edgar…

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