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CEBU CITY, Philippines — Cebu-based conglomerate Aboitiz Equity Ventures (AEV) once again made it to the list of World’s Best Employers by Forbes magazine. AEV ranked 665th in Forbes’ World’s Best Employers for 2021. In a statement…
CEBU CITY, Philippines—The Cebu City Treasurer’s Office (CTO) is targeting to collect at least P7 billion in revenues in 2021. City Treasurer Mare Vae Reyes said that they have collected P4.2 billion in actual income, P1.7 billion…
CEBU CITY, Philippines – The reclamation project in Minglanilla town in south Cebu is a go. Real estate developer Cebu Landmasters Inc. (CLI), in a recent filing made before the Philippine Stock Exchange (PSE), announced that the…
State-owned Development Bank of the Philippines (DBP) has approved P39.5-billion in loans under its flagship credit program that aims to address funding gaps in infrastructure development in the country, a top official said. DBP President and Chief…
CEBU, Philippines — On-demand delivery just got better and more affordable for Cebuanos. Transportify, the country’s largest logistics app platform, is now available in Cebu. Transportify has been in the Philippines since 2016 and is already available…
CEBU CITY, Philippines – Visayan Electric will be rolling out a new way for consumers to manage their electricity use. The distribution utility, during a virtual briefing last Tuesday, September 20, announced that they will be implementing…
CEBU CITY, Philippines – Consumers in Metro Cebu can expect a decrease in their electricity bills soon. This developed after the Visayas Electric Company announced that they have terminated their contract with Cebu Private Power Corporation (CPPC).…
CEBU CITY, Philippines — State-owned Development Bank of the Philippines (DBP) has approved P8.5-billion in funding support for the rehabilitation efforts of both public and private institutions adversely affected by the current public health crisis, a top…
CEBU CITY, Philippines – The business sector in the cities of Cebu and Mandaue are now optimistic that the economy’s health will be stronger by December. This after the national government’s anti-COVID task force approved recommendations to…
CEBU CITY, Philippines — Allowing certain businesses to open and serve customers will bring the much needed relief for many businesses. This was the statement of Felix Taguiam, the Cebu Chamber of Commerce an Industries (CCCI) in…
CEBU CITY, Philippines – Around 300 workers will be affected by the impending permanent closure of Cebu-based supermarket chain Fooda Saversmart, the labor department reported. The Department of Labor and Employment in Central Visayas (DOLE-7) confirmed that…
CEBU CITY, Philippines – Another business in Cebu is shutting its doors as the COVID-19 pandemic drags on this year. Beloved Cebuano supermarket brand Fooda on Thursday, August 26 announced that they would be closing all their…
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