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Cebu fish no longer found in Naga river; candidate for extinct species Small fish that used to thrive in clean rivers of the City of Naga in south Cebu are feared to have become extinct, conservation advocates…
Economy projected to grow 6% in 2015; high growth trajectory to continue Socio-economic Planning Secretary Arsenio M. Balisacan yesterday projected that the Philippines will continue to experience rapid economic growth during the next administration, “given the reforms…
Robinsons Supermarket Corp. has strengthened its foothold in Cebu with the opening of two stores, bringing to seven its total number of branches in the province. Angela Totanes, marketing manager, said six stores are under the Robinsons…
ADB revises forecast for Philippines to 5.9% this year The Asian Development Bank (ADB) has revised downward its growth forecast for the Philippines this year because of a slowdown in exports, but maintained its projection for 2016.…
Retail giant opens Seaside City, its biggest mall in the Visayas and Mindanao “It’s not the size (that matters). It’s really the concept and the quality. I’m very excited because we’re going to bring in a lot…
Among the Gaisanos, the Metro Group is the only one that ventured to Metro Manila and Luzon to take on the retail giants in their own turf. Metro is also, so far, the only Gaisano and Chinese-Filipino…
Gaisano’s IPO marks a first for Cebu retailer; 50 to 70 additional stores planned MAKATI – At exactly 9:30 a.m. yesterday, amid cheers and the beat of drums, Cebuano retailer Frank S. Gaisano – with his siblings…
Both cities cited for English-based curriculum, growing middle class The metropolises of Cebu and Manila were included among 28 key urban centers assessed for their livability, sustainability and competitiveness in the first Asia-Pacific Economic Cooperation (APEC) cities…
Conglomerate Phinma Corp. has transferred its shares in Southwestern University (SWU) and four other schools to new wholly-owned subsidiary Phinma Education Holdings, Inc. The new unit, which was created in preparation for the expansion and possible initial…
SPC to appeal; Therma Visayas insists it won the bidding The Supreme Court has nullified the sale of the 153.1-megawatt Naga power plant complex in southern Cebu to SPC Power Corp. SPC said it will ask the…
Property giant SM Prime Holdings, Inc. expects to sustain its strong growth as it further increases its mall footprint. The company will open SM Seaside City Cebu, its third mall in Metro Cebu and 55th nationwide, on…
BIR clarifies rules on tax treatment of transport network companies Ride-sharing services provider Uber is about to launch in Cebu. The company has been flooding social media with promotional tweets and posts inviting professional drivers and private…
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