Developer breaks ground for mixed-use project

Vanessa Claire Lucero 01/13/2016

Cebu Landmaster’s Inc. (CLI) broke ground for the first phase of its newest project in Cebu City. The project called Base Line Center is a mixed-use development located in Juana Osmeña corner Ramon Aboitiz. Two of the…

Exporters welcome removal of 2 chemicals from PNP list

Vanessa Claire Lucero 01/13/2016

Muriatic acid, hydrogen peroxide not covered by regulation until Feb. 9 Philexport Cebu has welcomed the removal of two chemicals from the list of regulated chemicals for two months, from December 9 last year to February 9…

Public warned against fake bills

Vanessa Claire Lucero 01/13/2016

THE Bangko Sentral ng Pilipinas warned that counterfeit bank notes are likely to circulate during the election period. Leonides B. Sumbi, Bangko Sentral acting director for Central Visayas, said consumers should take note of the distinguishing features…

Yolanda aid: 15 families now have homes in Camotes

Vanessa Claire Lucero 01/11/2016

Makatog na mi og maayo (We can sleep soundly now).” This was the reaction of 15 families in the Yolanda-stricken town of Pilar in Camotes Islands when they were awarded nipa huts under the Balik Bahay project…

Advice to exporters: Be cautiously optimistic

Vanessa Claire Lucero 01/11/2016

PhilExport Cebu executive director Federico Escalona yesterday advised exporters to be “cautiously positive” this year instead of getting their hopes up too high. Escalona said exports likely remained in the negative territory in the last quarter of…

Cebu to get additional 300MW by end-2018

Vanessa Claire Lucero 01/11/2016

Construction of the 340-megawatt (MW) coal plant by the Aboitiz-led Therma Visayas, Inc. (TVI) in Toledo City is on track and will be completed by the end of 2018. Sebastian R. Lacson, chief operating officer of Aboitiz…

Pag-IBIG eyes lower rates

Vanessa Claire Lucero 01/11/2016

THE Home Development Mutual Fund (HDMF), or Pag-IBIG Fund, hopes to reduce interest rates soon. “Based on an actuarial study by Pag-IBIG, if you can reduce expenses or if you can reduce additional hiring of manpower, you…

Aboitiz Power launches coal plant in Davao City to complete Toledo plant in 2017

Vanessa Claire Lucero 01/08/2016

The Aboitiz Power Corp. (AboitizPower) inaugurated its new coal plant in Toril, Davao City. President Benigno Aquino III, Energy Secretary Zenaide Monsada and Cabinet officials joined local government officials and Aboitiz executives led by CEO Erramon Aboitiz…

Banks’ migration to secure chip-based cards on track

Vanessa Claire Lucero 01/08/2016

All banks are expected to comply with a government directive to switch to chip-based credit and automated teller machine (ATM) cards by the end of this year, an industry official said. Maximo Rey Eleccion, Cebu Bankers Club…

Cebu Business Month mobile app updated

Vanessa Claire Lucero 01/08/2016

TO kickstart preparations for the Cebu Business Month celebration this year, organizers have released an updated version of the Cebu Business Month mobile application. The CBM 2016 app, which was developed by new media startup Innopub Media,…

Domestic terminal fee hiked further to P300

Vanessa Claire Lucero 01/08/2016

As programmed, the second tranche of the P100 increase in the domestic terminal fee at the Mactan Cebu International Airport took effect on January 1, 2016. Domestic passengers will now have to pay P300 as passenger service…

Cebuano dances, songs, to welcome balikbayans

Vanessa Claire Lucero 01/07/2016

In aligning itself with  Cebu´s new branding, ´Cebu: Where the Heart Sings´, the Cebu City Tourism Commission is using this as the theme for the annual Balik Cebu welcome party, said CCTC chairperson Tetta Baad. The barrio…

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