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April ‘rock-bottom’ for aviation industry but initial signs of recovery seen

Morexette Marie B. Erram 06/04/2020

CEBU CITY, Philippines–A decline of 94.3 percent in international passenger demand last April was the lowest in the history of the aviation industry. A report published by the International Air Transport Association (IATA) on June 3, 2020…

MCIA set to become 1st airport in the country with own COVID-19 test lab

Morexette Marie B. Erram, Rosalie O. Abatayo 06/01/2020

CEBU CITY, Philippines — The Mactan Cebu International Airport (MCIA) is ready to accommodate passengers now that most parts of the country are under the ‘new normal’. In a press release issued on Monday, June 1, airport…

What happens if a worker in Cebu City tests positive of COVID during GCQ?

Morexette Marie B. Erram 05/31/2020

CEBU CITY, Philippines — The Cebu City government has advised members of the private sector to implement strict health standards in their operations as the city transitions to a more relaxed general community quarantine (GCQ) this Monday,…

Cebu malls to operate under ‘new normal’

Morexette Marie B. Erram 05/31/2020

CEBU CITY, Philippines – On Monday, Cebu, including Cebu City, will already be under general community quarantine (GCQ). While under GCQ, several business establishments including malls are expected to already resume operations after a two-month break. Read:…

Business, tourism stakeholders welcome GCQ, await orders from LGU

Morexette Marie B. Erram 05/30/2020

  CEBU CITY, Philippines — Several business groups and tourism stakeholders in Cebu welcomed the decision of the national government for Cebu City and Mandaue City to slightly ease their quarantine restrictions beginning June 1. And they…

MCIA income down by 10% due to COVID-19 crisis

Morexette Marie B. Erram 05/30/2020

CEBU CITY, Philippines — The coronavirus disease 2019 (COVID-19) crisis that has crippled the aviation industry worldwide has also resulted in a decline in passenger traffic and airport earnings for the first three months this year. Megawide Construction…

Cebu City businesses need to pass employee information to operate under MECQ

Delta Dyrecka Letigio 05/28/2020

CEBU CITY, Philippines — The Cebu City government will be requiring business establishments that will be operating during the modified enhanced community quarantine (MECQ) to submit the basic information of their on-site employees. Lawyer Rey Gealon, who…

SEC flags down more investment ‘scam’ groups

Rosalie O. Abatayo 05/27/2020

CEBU CITY, Philippines — The Securities and Exchange Commission has flagged more groups for alleged unauthorized solicitation of investments from the public. In an emailed press statement, SEC cautioned the public from investing in firms Aquitek Food…

Hoteliers asked: Offer low rates for OFWs, guests amid community quarantine

Rosalie O. Abatayo 05/25/2020

CEBU CITY, Philippines — Albeit the losses incurred by the tourism industry due to the coronavirus pandemic, the Department of Tourism (DOT) has called on accommodation establishments not to take advantage of repatriated workers or exempted employees…

CCCI welcomes lower corporate income tax as part of economic recovery

Morexette Marie B. Erram 05/22/2020

CEBU CITY, Philippines — The Cebu Chamber of Commerce and Industry (CCCI) welcomed the plans of the national government to reduce corporate income tax starting June. In a statement signed by its president, Felix Taguiam, the CCCI…

Visayan Electric posts P2.26 B income in 2019

Rosalie O. Abatayo 05/19/2020

CEBU CITY, Philippines — Visayan Electric Company has reported a net income of P2.6 billion for 2019, the company told its shareholders during its Annual Shareholders Meeting on Tuesday, May 19, 2020. Engineer Raul Lucero, Visayan Electric’s…

Cebu business group leaders urge members to adopt, implement new safety and health standards

Rosalie O. Abatayo 05/19/2020

CEBU CITY, Philippines — Business group leaders in Cebu have called on their members to brace for the reopening of businesses by adopting and implementing new safety and health standards in their workplaces amid the prevailing threat…

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