Cebu in good spot as ESL market booms

Victor Anthony V. Silva 08/29/2017

MORE KOREANS WOOED Cebu is seen to be in a good spot as the Department of Tourism (DOT) seeks to attract more Koreans to come to the Philippines to get their English as Second Language (ESL) training.…

Foreign banks’ entry to spur competition

Victor Anthony V. Silva 08/29/2017

WHILE the entry of more foreign banks into the Philippines would benefit the banking public, this development is also expected to stiffen the competition among financial institutions. Maximo Rey Eleccion, past president of the Cebu Bankers Club…

Developers urged: Focus on ‘build, build, build’ projects

Victor Anthony V. Silva 08/28/2017

OPPORTUNITIES in ‘infra’s golden age’ Developers are encouraged to zero in on the thriving opportunities outside the country’s capital as the government ushers in a “golden age of infrastructure” through its ambitious “Build, Build, Build” program. Property…

Cebu’s support for start-ups on right track — CIC chief

Victor Anthony V. Silva 08/28/2017

WHILE most brick-and-mortar businesses in the Philippines have yet to recognize the importance of tech start-ups and still shy away from investing in these kinds of ventures, a local business leader said Cebu is already on the…

Filipino firms, tycoons urged to embrace new thinking to grow

Victor Anthony V. Silva 08/27/2017

FILIPINO companies and industry tycoons should learn to embrace new thinking like tapping start-ups to grow. Jojo Flores, co-founder and vice president of Sillicon Valley–based start-up accelerator Plug and Play, said most industry tycoons in the Philippines…

A business born out of love for coffee shops and coffee

Victor Anthony V. Silva 08/27/2017

Aspiring lawyer partners with her father in cafe venture When she was still a sophomore at the Sacred Heart School-Ateneo de Cebu, then 14-year-old Rejzl Awit took coffee lessons at Caro & Marie with hopes to open…

How to grow local startups

Victor Anthony V. Silva 08/24/2017

WHAT would it take to grow more successful startups in the Philippines? Apparently for different stakeholders, the answers may vary. For tech startup advocate Jojy Azurin, the key to having a thriving startup ecosystem lies in the…

Veco: Rotational brownouts implemented

Victor Anthony V. Silva 08/24/2017

VISAYAS GRID ON RED ALERT FOR TWO HOURS The Visayan Electric Co. implemented rotational brownouts in some service areas on Thursday after the National Grid Corp. of the Philippines (NGCP) placed the Visayas grid under red alert…

Business slows down amid ‘ghost month’

Victor Anthony V. Silva 08/23/2017

As businesses are expected to experience a slowdown during the so-called “ghost month,” an official of the Cebu Filipino-Chinese Chamber of Commerce (CFCCC) urged the local business community to “stick to the basics.” Dickson Lim, CFCCC director,…

CIB.O seeks industry support in bid to secure talent pool

Victor Anthony V. Silva 08/22/2017

A leader in the local information technology-business process management (IT-BPM) sector called for greater collaboration between industry and the academe in talent preparation, especially with the anticipated shortage of college graduates in the next two years. Wilfredo…

CEBU’S COMPETITIVE RANKING SLIPS

Morexette B. Erram, Victor Anthony V. Silva 08/21/2017

Province drops from 3rd in 2015 to 45th in 2017 Cebu suffered a steep drop in its competitive ranking. From 3rd in 2015 and 31st in 2016, Cebu slipped to number 45 among the most competitive provinces…

Private-public partnership needed, says BCBP exec

Victor Anthony V. Silva 08/21/2017

WHILE compliance to regulations imposed by the local government on businesses is necessary, an official of the Brotherhood of Christian Businessmen and Professionals (BCBP) in Cebu believes it should be a partnership between the private and public…

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