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KOJIHIRO Minashima and Daisuke Oda separately came to Cebu from Japan to study English. They ended up making friends and partnering with a couple of their online teachers to establish a business that takes advantage of the…
The Cebuano developers of taxi-hailing app MiCab have ventured out of Cebu and partnered with a big taxi operator in Iloilo City in Western Visayas. Preparations are also being made to bring the app to Davao City…
Non-profit organization Endeavor Philippines is considering support for Bo’s Coffee owner Steve Benitez and renowned designer Kenneth Cobonpue to further accelerate their growth. Manny Ayala, managing director of Endeavor Philippines, said they consider Benitez and Cobonpue as…
IN just three months, startup Puff and Pasta has developed loyal customers and received franchise inquiries. Revenues have exceeded the expectations of cousins Marian Christie Codilla, Hardon Garth Facturan and Clare Medillo, who plan to offer catering…
DESPITE the traffic congestion, a visiting US diplomat said Cebu seems to be a dynamic tourism, trading and transportation hub. US Ambassador David H. Thorne, who led a small delegation of American venture capitalists, said they were…
Power still biggest contributor; real estate arm sets P4.6 billion capital expenditure Despite a higher profit in the fourth quarter of 2015, Aboitiz Equity Ventures, Inc. (AEV) reported a 4-percent decline in its consolidated net income last…
An economist sees a “bright and rosy” future for Cebu and the Philippines, in general, as central banks in the US, Japan and some European countries impose negative interest rates. “If you’re looking for bad news, it…
LISTED Cebu-based retailer Metro Retail Stores Group, Inc. has acquired the Wellworth department store assets of SIAL Specialty Retailers, Inc. in Fairview Terraces Mall and UP Town Center Mall as part of its expansion program. Metro, a…
A campaign volunteer of Senator Ferdinand “Bongbong” Marcos Jr. said the launch of an anti-Bongbong movement in Cebu would actually help the senator’s vice presidential bid. “It’s a positive sign. That will (work) to Bongbong’s advantage. I…
The Department of Trade and Industry (DTI) targets to increase exports by 9 percent this year, Undersecretary Nora K. Terrado said in a statement. “Our exports performance takes into account the work that we have been doing…
The National Food Authority (NFA) and Cebu Port Authority (CPA) have identified measures to expedite the unloading of some 240,000 sacks of Vietnamrice from two vessels that have been unable to dock because of the lack of…
UNLOADING of a shipment of 800,000 bags of rice from Vietnam has been delayed because of the lack of berthing space at the Cebu International Port (CIP). As of yesterday, National Food Authority (NFA) Administrator Renan B.…
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