Visayas needs more energy investors

Jose Santino S. Bunachita 09/13/2018

The Department of Energy (DOE) continues on encouraging the private sector to invest on projects in the power sector. While there are still no expected problems in terms of power supply for the Visayas in the next…

Cebu businessmen to gov’t: Listen to investors’ pleas Biz leaders worry as House’s Train 2 version spooks some Japan firms in Cebu

Jose Santino S. Bunachita 09/13/2018

Government should start listening to the pleas of investors regarding the second tax reform package, with more expressing intent of pulling out should their incentives be removed, Cebu business leaders say. In Cebu, some Japanese locators have…

Project to give work to 500 town residents

Jose Santino S. Bunachita 09/12/2018

Residents of the southern town of Minglanilla can expect employment opportunities from the soon to open commercial complex and amusement park in the area. According to Belmont One President Chester Lim, they are expecting to create at…

Bizmen coping, feeling pinch of inflation, fuel price hikes

Jose Santino S. Bunachita 09/11/2018

Apart from consumers and transport groups, businesses are also feeling the pinch from the continued increase in prices of oil products. Just yesterday, oil companies in the country have implemented a P0.65 per liter increase on the…

Belmont breaks ground for complex with Snow World

Jose Santino S. Bunachita 09/11/2018

BELMONT Group broke ground for its first venture into the retail and commercial sector for their Belmont One complex in Minglanilla town in southern Cebu. Located in a 3.5 hectare property, the complex will have a world-class…

Power firm shows how to go green, save, earn

Jose Santino S. Bunachita 09/10/2018

NET METERING PROGRAM There has been a growing awareness among businesses and even households on the significance of going green in terms of power consumption. While bigger players in the power generation sector have ventured into massive…

Expert stresses work-family balance

Jose Santino S. Bunachita 09/10/2018

SUSTAINING FAMILY BUSINESSES THERE should be a good balance between family and work relations for family corporations to sustain their businesses over generations. Pilar Tolentino, assistant director and family business consultant of the Ateneo Family Business Development…

How a Korean traveller started his successful ‘Kimstaurant’ business

Jose Santino S. Bunachita 09/10/2018

You can call it a spur of the moment, hit and miss project. This was how 35-year-old Korean national Peter Kim, who is an economics graduate, described his plunge into the Korean restaurant business in the Philippines.…

Nestle assures: No plans to close manufacturing plants in PH

Jose Santino S. Bunachita 09/07/2018

IN spite of concerns over the rising cost of local raw materials, Nestlé Philippines has assured that they will continue their operations in the country. In a statement sent to Cebu Daily News yesterday, Nestlé clarified that…

Builder sees better use of technology

Jose Santino S. Bunachita 09/07/2018

CEVI ties up with Infosoft to help in streamlining processes in firm’s operations Property developers are also seeing the need to integrate technology into its operations. One of these developers is Cebu-based real estate developer Cañedo Equity…

Investors plan to halt expansion in PH worries Cebu biz groups

Jose Santino S. Bunachita 09/06/2018

TRAIN 2 WOES HIGHER prices of products, a depreciating peso, and the possibility of losing tax incentives. The business sector, both local and foreign, have to contend with these issues, with some even already saying that they…

PLDT exec: Next two years critical for telecom industry

Jose Santino S. Bunachita 09/06/2018

ASIAN CARRIERS CONFAB OPENS Players in the telecommunications industry are setting their sights on the next two years which they see as critical for the industry. A development that Katrina Luna-Abelarde, PLDT global president, has observed in…

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