Vibrant, better year seen

Victor Anthony V. Silva 01/05/2018

RETAIL, REAL ESTATE sectors Last of three parts With growth in tourism and the IT-BPM sectors comes the growth of the retail and real estate sectors. Robert Go, Philippine Retailers Association (PRA) Cebu chapter president, said this…

A look at game-changing projects in 2017

Victor Anthony V. Silva 01/05/2018

The real estate sector in Cebu has never been more vibrant, with several developers launching and breaking ground for game-changing projects throughout 2017. With the administration’s aim to ramp up infrastructure spending across the country through its…

Tourism, IT-BPM to continue to drive Cebu’s economy

Victor Anthony V. Silva 01/04/2018

(Second of three parts) The major economic drivers of Cebu and Central Visayas in 2017 like tourism, information technology-business process outsourcing and construction will continue to sustain the economic growth of these areas in 2018. Efren Carreon,…

Train Law, Build program to spur CV growth

Victor Anthony V. Silva 01/03/2018

(First of three parts) Cebuanos are encouraged to work harder this year to nurture all the possibilities brought about by the abundant economic opportunities in 2017. Melanie Ng, Cebu Chamber of Commerce and Industry (CCCI) president, made…

500 people rush to beat deadline to change old bills

Victor Anthony V. Silva 12/29/2017

  CRESCENCIA Oliverio arrived at the regional office of the Bangko Sentral ng Pilipinas (BSP) in Cebu City on Friday with more than just enough time to have her old peso banknotes exchanged for new ones. Traveling…

More resort-hotels rising in Cebu

Cris Evert Lato-Ruffolo, Victor Anthony V. Silva 12/29/2017

The development of 3- and 4-star hotels at resort destinations across the Philippines will be more visible over the next two to three years on the back of a vibrant services sector amid the country’s robust economic…

Need for people-machine collaboration highlighted

Victor Anthony V. Silva 12/28/2017

How businesses can cope with changes that AI will bring to IT-BPM sector The importance of collaboration between people and machines is cited amid the growing trend of artificial intelligence (AI) and how it can affect the…

Booming economy boosts employment in C. Visayas

Victor Anthony V. Silva 12/26/2017

LABOR FORCE SURVEY Central Visayas registered a higher employment rate in October this year compared to the same period in 2016 on the back of a booming regional economy and burgeoning tourism sector. Cyril Ticao, regional director…

Rosy prospects for real estate in CV

Victor Anthony V. Silva 12/22/2017

If the number of license to sell (LTS) applications received by the Housing and Land Use Regulatory Board in Central Visayas (HLURB-CRV) in 2017 is any indication, the region’s property sector looks to have been vibrant this…

P75M set aside for 50-room hotel expansion

Victor Anthony V. Silva 12/22/2017

HOMEGROWN hospitality brand Cebu Grand Hotel is poised to add around 50 more rooms as it embarks on a P75-million expansion targeted for completion in the third quarter of 2018. Carlo Anton Suarez, Cebu Grand Hotel general…

Renewable energy initiative seen to lower power rates

Victor Anthony V. Silva 12/20/2017

Consumers, particularly those on off-grid islands, can expect lower power rates once an initiative to expand the use of renewable energy resources in the country goes full swing by 2018. The National Renewable Energy Board (NREB) on…

Mall developer to invest P2B for first condo project

Victor Anthony V. Silva 12/20/2017

THE developer of J Centre Mall in Mandaue is set to embark on its first condominium project, which is primed to be the tallest building in the city once completed. Jiprop Development Corporation, the vertical housing arm…

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