PRA-Cebu president: Tobacco, liquor sales to take hit with another sin tax hike

Irene Sino-Cruz 01/09/2019

CEBU CITY, Philippines — Another round of sin taxes would result in lower volume sales of tobacco and liquor products. Robert Go, president of Philippine Retailers Association Cebu chapter (PRA-Cebu), recalled that volume sales of the two…

LTO-7 chief: Preventive suspension to four employees

Irene Sino-Cruz 12/04/2018

ASIDE from facing a complaint of extortion, four Land Transportation Office in Central Visayas (LTO-7) employees, who were arrested for alleged extortion activities in Bohol province, will also be recommended for preventive suspension. LTO-7 Regional Director Victor…

Carrageenan firm’s new thrust: Nanotechnology, new facilities

Irene Sino-Cruz 05/21/2018

SHEMBERG future (Second of two parts) When Benson Dakay passed away in 2012, the survival of his carrageenan company, Shemberg group, was in doubt as his children took over the task of leading the company out of…

Shemberg: Changing of the guards

Irene Sino-Cruz 05/20/2018

FEATURE (FIRST OF 2 PARTS) When Shemberg group founder Benson Dakay passed away on January 2012, many thought the company will not survive. His four children, sons Pierre Collin and Benson Ernst; and daughters Marie Cecille (Rere)…

French official: Cebu good market for spiritual tourism

Irene Sino-Cruz 04/25/2018

Cebu and the rest of the Philippines remain a good market for France’s spiritual tourism, according to Morad Tayebi, Atout France regional director for Southeast Asia. Atout France is the country’s tourism development authority tasked with promoting…

Cebu businessmen urged: Tap China market, join trade expo

Irene Sino-Cruz 03/20/2018

Cebu’s business sector is encouraged to take advantage of the opportunity to tap the huge China market by joining the first ever trade expo purely for foreign companies to be held in Shanghai in November. Antonio Chiu,…

‘Rescue, restore, revive’ the mangroves of Cordova

Irene Sino-Cruz 03/04/2018

SHORE IT UP The eco-tourism efforts of Cordova town on Mactan Island received a boost with the implementation of the multi-million peso Mangrove Propagation & Information Center at its 278-hectare mangrove area in Barangay Day-as. The municipality…

New shipping firm to acquire FRP boat for Cebu-Bohol route

Irene Sino-Cruz 01/30/2018

  A new player in the shipping industry is acquiring a fibre -reinforced plastic (FRP) boat to serve a new route between Cebu and Bohol. Scheduled to be launched in May 2018, the CCCS – Sunriser is…

New ship seen to boost VisMin trade

Irene Sino-Cruz 10/14/2017

COKALIONG SHIPPING LAUNCHES 12TH RORO VESSEL Trade and the shipping industry in the Visayas and northern Mindanao got a big boost with the inauguration on Saturday of Cokaliong Shipping Lines’ 12th roll-on-roll-off (roro) vessel, the M/V Filipinas…

Innoland to build P7-B Iconic hub in Metro Cebu

Irene Sino-Cruz 08/26/2017

A SEVEN-BILLION three-tower project will soon rise in the heart of Cebu City, a project which local developer Innoland Development Corp. expects to become an iconic hub in the city. “Innoland takes on higher ventures as it…

1 city, 22 towns in Cebu may benefit from 2017 IPP

Irene Sino-Cruz 07/24/2017

  ONE city and 22 municipalities in Cebu province can benefit from the 2017 Investment Priorities Plan, which aims to encourage investments in inclusive business by offering enhanced incentives. This developed after the Board of Investments (BOI)…

300-ha. reclamation project part of airport expansion bid

Irene Sino-Cruz 06/29/2017

GMR MEGAWIDE’S P208B UNSOLICITED PROPOSAL If the GMR Megawide Cebu Airport Corp. (GMCAC) gets the government’s approval, it will implement a 300-hectare reclamation project in Mactan Channel for the expansion of the Mactan Cebu International Airport. The…

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