Cebu traders, bankers buck ‘dirty money haven’ label

Vanessa Claire Lucero 03/21/2016

Cebu’s banking and business sectors are protesting against the “dirty money haven” tag given to the Philippines following the Bangladesh heist. Philip Tan,  past president of the Mandaue Chamber of Commerce and Industry (MCCI), said the Philippines…

Presidential debate entertaining, but lacking in depth

Vanessa Claire Lucero 03/21/2016

LOCAL businessmen found the Visayas leg of the series of presidential debates “entertaining” and “revealing” in terms of the candidates’ characters, but lacking in depth. “None of the candidates are wrong in their platforms. But the thing…

Skin care business thrives

Vanessa Claire Lucero 03/20/2016

ELEANOR Velasco had to learn Cebuano to kick-start her skin care and beauty business in Cebu. “I had my share of trials. Lain kaayo ilang tan-aw nimo, og mas lisod gyud masulod sa Cebu market if dili…

BIR posts double-digit deficits in Cebu, Bohol

Vanessa Claire Lucero 03/20/2016

Revenue district offices in Cebu and Bohol failed to meet their collection targets, incurring double-digit deficits  in the first two months of the year. Cumulatively, the five Bureau of Internal Revenue (BIR) offices in Mandaue City, Cebu…

4 firms given 48 hours to pay taxes

Vanessa Claire Lucero 03/20/2016

FOUR business establishments in the north district of Cebu City have been issued a 48-hour notice to pay their correct amount of taxes. Lilivic Gatdula, Cebu City North revenue district officer of the Bureau of Internal Revenue…

Earth Hour marked; gov’t exec hopes to save more than 34MW this year

Vanessa Claire Lucero 03/19/2016

THE regional director of the Department of Energy (DOE) hopes to exceed the 34 megawatts (MW) of energy saved in last year’s Earth Hour celebration in Central Visayas. “Last year, we saved as much as 34 MW…

New free trade deal to open more markets for exporters

Vanessa Claire Lucero 03/17/2016

More markets in Europe are expected to open with the signing of a free trade agreement with the European Free Trade Association (EFTA) within the first half of this year. Agnes Perpetua Legaspi, assistant director of the…

Developer focuses on economic housing projects

Vanessa Claire Lucero 03/17/2016

CEBU-based developer MSY Holdings Corp. is eyeing affordable and mass housing projects in Talisay and Mandaue cities, a top executive said. The company launched on Tuesday its second residential subdivision under the Bayswater brand. Bayswater Talisay will…

Padgett Place units earn on AirBnB

Vanessa Claire Lucero 03/15/2016

MORE people, like Ateneo Graduate School of Business (AGBS) graduate Waylon Florido, are using online platforms as an avenue to generate secondary income streams. “I’m a happy investor. This is an online platform, a sharing economy,” he…

Tata Motors unveils Cebu dealership

Vanessa Claire Lucero 03/15/2016

TATA Motors Limited, one of the biggest automobile manufacturers in India, officially opened a dealership in Cebu last Wednesday along A.S. Fortuna Street in Barangay Banilad, Mandaue City. Tata Motors Cebu is the company’s second dealership in…

‘Cebu capable of bigger contribution to economy’

Vanessa Claire Lucero 03/14/2016

Cebu can contribute more to the country’s gross domestic product (GDP) growth if it only taps into its strengths, an Economics professor of the Ateneo de Manila University said. Citing data from the Ateneo Eagle Watch, a…

BIR finds 100 erring firms in Lapu

Vanessa Claire Lucero 03/14/2016

ABOUT 100 business establishments in Lapu-Lapu City were found violating various tax laws during the tax mapping campaign conducted by the Bureau of Internal Revenue (BIR). Nelson Aspe, BIR deputy commissioner, said in a press conference on…

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