Low export sales despite weak peso worries Philexport exec

Jose Santino S. Bunachita 09/27/2018

Amid a continuing depreciation of the peso versus the dollar, the local exporting industry is supposedly seen to benefit. However, local business leaders have noted that despite the opportunity for exporting to flourish with the depreciation of…

NGCP exec: P52-B VisMin interconnection project on track

Jose Santino S. Bunachita 09/27/2018

A P52-BILLION National Grid Corp. of the Philippines (NGCP) project to link power grid of Visayas and Mindanao is on track for its completion in 2020. The different packages of the project called the Mindanao-Visayas Interconnection Project…

Businesses urged: Take measures as hackers shift attacks on firms

Jose Santino S. Bunachita 09/24/2018

Businesses are encouraged to adopt the latest cyber security measures as today’s trends show that hackers have shifted their targets for their attacks from credit cards to corporations. Marlon Cruz, country director of cyber security services provider…

RE/MAX opens two offices in Cebu

Jose Santino S. Bunachita 09/24/2018

SEEING the boom in Cebu’s real estate industry, RE/MAX, the world’s leading franchisor of real estate brokerage services, is opening two new offices in the province. Cebu-based businessmen Harry Morris and Von Jeric Tima-an have acquired franchises…

Untangling the gridlock: when traffic slows down business

Jose Santino S. Bunachita, Reporter 09/24/2018

Traffic jams are believed to be a sign of economic progress. But when Metro Cebu’s worsening traffic condition becomes a daily occurrence, even that thought is not enough to ease the stress of sitting helplessly in a…

MORE CARS, MORE WORRIES

Jose Santino S. Bunachita, Reporter 09/24/2018

ALONG with Cebu’s growing economy comes an increase in the purchasing power of its people. With cheaper down payment and monthly payment schemes offered by banks, more Cebuanos are now buying cars. Gateway Motors Cebu Inc., the…

BPOs to continue to fuel office demand in Cebu

Jose Santino S. Bunachita 09/21/2018

The booming outsourcing sector continues to be the biggest demand driver for office space in Cebu despite initial concerns of a slowdown. In its latest report, property management and research firm Colliers International Philippines concluded that the…

ALTERNATIVE TO REFILLED BUTANE CANISTERS: Co-op eyes 3M Cebuanos for its safer LPG cylinders

Jose Santino S. Bunachita, Reporter 09/19/2018

A cooperative is targeting the three million Cebuanos, who prefer to use smaller cylinders like refilled butane canisters to regular LPG tanks, with the launch of its newest offering to the market — refillable stainless steel cylinders…

Biz heads: Cebu to take a hit from higher airline ticket costs

Jose Santino S. Bunachita 09/18/2018

AIRLINES’ REIMPOSITION OF FUEL SURCHARGE Local tour and travel operators are wary over the recent decision of the Civil Aeronautics Board (CAB) to reimpose the fuel surcharge by airlines on plane tickets due to increasing prices of…

Offering something new to Cebu

Jose Santino S. Bunachita 09/14/2018

Belmont Group sees winning formula for Minglanilla project: residential + commercial + theme parks It takes innovation and awareness of market needs to be able to adapt through decades in business. This is especially true for local…

A tour of tastes

Jose Santino S. Bunachita 09/14/2018

DO YOU want to take your palate on a continental excursion? Thankfully, you don’t have to book a plane ticket and pack your bags to satisfy your cravings. A buffet of carefully curated dishes will transport you…

Filinvest’s IL Corso to open in December

Jose Santino S. Bunachita 09/13/2018

AS THE Christmas season nears, Filinvest is also preparing to open a portion of its lifestyle mall in the South Road Properties (SRP). Il Corso, the 10-hectare al fresco and waterfront mall of Filinvest Land Inc. at…

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