DBP to contractors: Avail of ICONS

Jose Santino S. Bunachita 05/29/2018

In support to the administration’s Build Build Build thrust, state-owned Development Bank of the Philippines (DBP) is encouraging contractors to avail of their new loan facility for infrastructure projects. The bank’s Infrastructure Contractors Support Program (ICONS) is…

Green groups: Cancel firm’s contract

Jose Santino S. Bunachita 05/28/2018

VISAYAN SEA OFFSHORE DRILLING PROJECT Environmental groups and peoples organizations are voicing out their opposition against a service contract granted to a private firm to conduct offshore drilling for oil and gas in over 500,000 hectares in…

SPC to turn over Naga plant when PSALM returns P1.143B

Jose Santino S. Bunachita 05/28/2018

SPC Power Corp. is set to turn over the Naga Power Plant Complex in south Cebu to the Power Sector Assets and Liabilities Management Corp. (PSALM). But before doing so, SPC Power Corp. Chairman Alfredo Henares said…

Mandaue Chamber goal: 400 members in 2018

Jose Santino S. Bunachita 05/28/2018

The Mandaue Chamber of Commerce and Industry (MCCI) continues to expand its membership, aiming to close the year at 400 members. During the MCCI general membership meeting last week, 33 more member companies were inaugurated by the…

UNSAFE WATER

Futch Anthony Inso, Jose Santino S. Bunachita, Nestle L. Semilla 05/27/2018

EMB FINDING ON MACTAN ISLAND The Enviroment Management Bureau (EMB) finds that the fecal coliform levels in the water of Mactan Island and of Panglao Island in Bohol exceed safe standard If you think that swimming in…

Success formula: Developers tie up with int’l brands

Jose Santino S. Bunachita 05/25/2018

Partnering with international brands is helping local developers in Cebu to compete and even outdo larger national developers. This was evident in the recent 2018 PropertyGuru Philippine Property Awards wherein some homegrown developers took home awards and…

Price hikes on basic goods expected soon

Jose Santino S. Bunachita 05/24/2018

Prices of basic commodities are expected to eventually increase following the series of oil price hikes implemented by oil companies. But this would not be reflected right away, according to the Department of Trade and Industry (DTI).…

Life insurance firms thrive in Cebu’s vibrant market

Jose Santino S. Bunachita 05/24/2018

CEBU and the rest of the Visayas market have enabled life insurance companies to grow. In particular, Allianz PNB Life has posted a 95.6 percent growth in its premium income from P2.71 billion in 2016 to P5.30…

Fil-Am bares US scholarship opportunities

Jose Santino S. Bunachita 05/24/2018

Where else can you get a bigger inspiration than from your parents? Filipino-American, Zholl Tablante, took inspiration from his late father whose endeavors to help schools in their hometown in Angeles City, Pampanga, were unknown to him…

4th Mandaue-Mactan bridge in the offing

Jose Santino S. Bunachita 05/23/2018

Plans for a fourth bridge connecting mainland Cebu to Mactan Island is now a step closer to implementation. A study team composed of local officials flew to Japan where they met with the Japan International Cooperation Agency…

Govt, private firms also burdened by fuel price increases

Jose Santino S. Bunachita, Morexette Marie B. Erram and Jessa Mae O. Sotto 05/23/2018

THE government and private businesses are also going to bear the brunt of the series of oil price hikes implemented by petroleum companies. Mandaue Chamber of Commerce and Industry (MCCI) President Stanley Go said several business processes…

TRANSPORT GROUPS SEEK FARE HIKE

Jose Santino S. Bunachita 05/22/2018

AMID FUEL PRICE INCREASE Following the series of oil price hikes being implemented by petroleum companies, transport groups in Cebu are pushing anew for an increase in the minimum fare of public utility jeepneys (PUJs). A fare…

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