Draft Charter elicits concern

Ador Vincent Mayol, Jose Santino S. Bunachita, Rosalie O. Abatayo 12/13/2018

While supportive of the idea of a shift to federalism, some Cebu business leaders are wary of how it is going to be done. Cebu Chamber of Commerce and Industry (CCCI) President Antonio Chiu said safeguards must…

Danao City levels up

Jose Santino S. Bunachita 12/13/2018

New economic centers outside Metro Cebu driving up Cebu’s competitiveness Improved economic activities in other local government units (LGUs) outside of the city centers in Cebu are helping the province improve its competitiveness. Among these LGUs is…

More business exchanges seen between Cebu and China in 2019

Jose Santino S. Bunachita 12/12/2018

LOCAL businessmen see the need to tap more into the Chinese market, citing improved relations between the China and the Philippines. A development that will continue to boost the business exchanges between the two countries in the…

Exec: Port limitations, Cebu’s traffic push logistics costs up

Jose Santino S. Bunachita 12/11/2018

Worsening traffic and port limitations contribute to higher logistic costs for companies in Cebu. According to the Philippine International Seafreight Forwarders Association Inc.,(PISFA) logistic costs in the Philippines remain to be one of the highest in Asia…

Firms urged to prepare to take in Gen Z workers

Jose Santino S. Bunachita 12/10/2018

Younger workers are expected to become a big chunk of the workforce in the next few years. Companies would have to exert effort to make sure that these younger workers would be able to blend harmoniously with…

How an accidental bizman built a car rental business

Jose Santino S. Bunachita 12/09/2018

Entrepreneur Cuizon turns his passion for cars into the still growing Catalina Car Rentals If there is one advice Cebuano businessman Jerome Cuizon, owner of Catalina Car Rentals, has for other aspiring businessmen, it is to always…

Priland to build six 17-storey towers to address housing needs of MEPZ workers

Jose Santino S. Bunachita 12/07/2018

The growing workforce in Mactan Island is prompting the need for more residential units in the area. Thousands of workers are employed in export processing zones and industrial parks. But a lot of these workers cannot afford…

Chinese tourist arrivals in Central Visayas nearly doubled in 2017

Jose Santino S. Bunachita 12/06/2018

RELATIONS between China and the Philippines, including Cebu, are expected to continue improving in the coming months, especially in terms of tourism. Consul General Jia Li, the newly appointed consul of the Consulate of the People’s Republic…

CCCI bucks Cebu City’s proposed new business tax scheme

Jose Santino S. Bunachita 12/06/2018

Imposing a flat rate of 1.5 percent on business taxes in Cebu City may hinder investments coming into the city. The Cebu Chamber of Commerce and Industry (CCCI) believed that while there is a need to adjust…

Cebu-based Bo’s Coffee shares expansion plans, tribute store, support for local coffee farmers

Jose Santino S. Bunachita 12/05/2018

Fueled by strong local demand as well as promising local sources, homegrown coffee chain Bo’s Coffee is looking at aggressive expansion plans in the country. By 2022, the Cebuano company wants to have between 200 and 250…

Gov’t urged: Focus on proper management of resources

Jose Santino S. Bunachita 12/05/2018

A BUSINESS leader is calling on government to focus its attention on proper management of resources to address inflation concerns. Antonio Chiu, Cebu Chamber of Commerce and Industry (CCCI) president, said this in an interview on Wednesday…

Homes with kids driving sales of fast moving consumer goods

Jose Santino S. Bunachita 12/04/2018

PRA-Cebu President Go says study results evident in Cebu’s retail market Households with young children are driving sales of fast moving consumer goods (FMCG) in the Philippines, a recent study showed. This also holds true in Cebu,…

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