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American Eagle Outfitters Philippines opened its first store in Cebu yesterday. The store, located in SM Seaside City, is the 11th in the Philippines in just three years, said corporate business director Martin de Leon. “Cebu is…
International clothing brand American Eagle Outfitters opened its first mall outlet at the Sea view wing of SM Seaside City in the South Road Properties (SRP). Martin de Leon, the company’s corporate business director for the Philippines,…
If not for external shocks, GDP growth last year would have been 8% To attract more investors to the Philippines, a Bangko Sentral official said government needs to highlight the positive factors that distinguish the country from…
Government expects a flat growth in cumulative cash remittances from overseas Filipino workers (OFWs) in the next two years amidst falling oil prices and volatility in the Middle East, a Bangko Sentral ng Pilipinas official said. Diwa…
TO increase the competitiveness and participation of micro, small and medium enterprises (MSMEs) in the Asean Economic Community, businessmen have partnered with the relevant government agencies in disseminating down to the barangay level basic information about the…
To address the financial needs of local startups, some members of the Cebu Chamber of Commerce and Industry (CCCI) are thinking of becoming angel investors. Angel investors are people who invest in startups. “Together with Cedf-IT, the…
When Teresa Radaza went out to buy calamansi (lemonsito) from a local vendor last Thursday, she didn’t expect to be accused of using a fake bill. She had with her a new P100 bill, given to her…
A NEW American-Italian restaurant has made its way into Cebu, bringing with it Americanized flavors of Italian favorites like pizza and pasta. The family-owned ä Veneto Pizzeria Ristorante had its humble beginnings in New Jersey in 1994.…
Aside from a water transmission line, a 69-kilovolt (KV) power line is also at risk of being damaged once major repair works resume on the Mandaue-Mactan Bridge. Roger Lim, CEO and president of East Asia Utilities Corp.,…
A DRY RUN of additional sea vessels is expected next week in the Mactan Channel. Vice Admiral Edmund Tan, Cebu Port Authority (CPA) general manager, informed members of the Mactan-Cebu Bridge Management Board about the dry run…
To service micro, small and medium enterprises (MSMEs) in far flung areas within the Cebu province, at least 10 more Negosyo Centers will be put up in 2016. The Department of Trade and Industry (DTI) in Central…
Cebu exporters are hopeful that the Philippine National Police (PNP) will ease restrictions on chemical importations in its new directive. It’s still unclear whether the new directive will bring good or bad news to the exporters, said…
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