Smart unveils better prepaid broadband service

Aileen Garcia-Yap 06/24/2014

Smart Communications launched a more improved user interface for their SmartBro prepaid customers, who account for 90 percent of the company’s total broadband business. According to Richard Matthew Dimagiba, SmartBro Prepaid senior manager, the new interface called…

Veco’s net-metering encourages solar generation, power savings

Aileen Garcia-Yap 06/24/2014

The initiative of the Visayan Electric Company to encourage the private sector and home consumers in energy saving has been lauded by the Department of Energy, not just as pioneering but also helping plug the thin power…

Top investors, Cebu business champions honored

Aileen Garcia-Yap 06/23/2014

Six companies, three organizations and a European Chamber of Commerce official were awarded for helping boost Cebu’s economy during the Tourism and Investments Night of the Cebu Chamber of Commerce and Industry held at the Radisson Hotel…

Posh spice nearing 400

Aileen Garcia-Yap 06/21/2014

Consumers continue to reel from the spiraling cost of garlic as buying two whole orders of lechon manok (roast chicken) is cheaper than buying a kilo of the strong-smelling, pungent-tasting bulb that is used as flavoring in…

Food businesses get sauteed by price spike

Aileen Garcia-Yap, Brian J. Ochoa 06/21/2014

The rising cost of garlic is feared to also jack up the cost of foodstuff that rely heavily on the popular spice. Gerry Avila, chief of the Agribusiness and Marketing Assistance Division of the regional office of…

CityMall urged not to pursue N. Bacalso property lease

Aileen Garcia-Yap 06/19/2014

Desist from pursuing the lease of the property pending the result of a court litigation. This is the appeal of stockholders of the dissolved Ludo and Luym Development Corp. (LudoDev) to officials of CityMall Commercial Centers Inc.,…

No private observers in Capitol bidding board

Aileen Garcia-Yap, Victor Anthony V. Silva 06/19/2014

No private sector witnesses  were present during meetings of the Capitol’s bids and awards committee in May when  the  P37 million security service contract of Cebu province was discussed. By law two  “observers”  from recognized private groups…

Mandaue Chamber cites achievements, adds 21 members

Aileen Garcia-Yap 06/18/2014

AS PART of its thrust to grow as an organization, the Mandaue Chamber of Commerce and Industry (MCCI) recently elected eight members into its board of trustees and welcomed 21 new members during its General Membership Meeting…

CEBU PROPERTY BOOM: Condos running out

Aileen Garcia-Yap 06/17/2014

Developers are experiencing an inventory shortage because of high demand for middle market condominium units in Cebu. They are running out of units to sell especially those properties in the P60,000 to P75,000 per square meter range,…

Apervi eyes aggressive expansions in power sector

Aileen Garcia-Yap 06/16/2014

A LOCAL company that’s into power generation and coal distribution has strengthened its presence in the sector after a French company acquired a majority stake in the local company. Asia Pacific Energy Venture Inc. (Apervi) is now…

GT Cosmetics to build P30M plant in ’Lacion

Aileen Garcia-Yap 06/13/2014

TO PREPARE for the opportunities when the Asean integration goes into full swing next year, homegrown beauty brand GT Cosmetics is building another production plant in Cebu to double the firm’s production capacity within the year. They…

Gov’t urged to address lack of engineers

Aileen Garcia-Yap 06/13/2014

For the country’s mining industry to fully recover and contribute to the fast-growing economy, the government has to address the lack of mining engineers and create a more enabling climate for mining investors in the country. The…

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