CCCI: Business industry braces for domino effect of oil price hike

Delta Dyrecka Letigio 03/11/2022

CEBU CITY, Philippines — The Cebu Chamber of Commerce and Industry (CCCI) said the business industry was bracing for the domino effect of the increasing price of fuel. Charles Kenneth Co, new CCCI president, said that the price increase…

CCCI sees NUSTAR presence as ‘perfect timing’

PR 03/11/2022

CEBU CITY, Philippines — NUSTAR Resort and Casino got a boost from the Cebu Chamber of Commerce and Industry (CCCI), which welcomed the new integrated luxury resort development by offering it assistance in establishing its presence in…

Experience Mandaue Exhibit opens, showcases Tatak Mandaue products

Mary Rose Sagarino 03/07/2022

MANDAUE CITY, Philippines —The Mandaue Investment Promotions Tourism Action Center (MIPTAC) has opened on Monday afternoon, March 7, 2022 its first Experience Mandaue Exhibit this year at the J Center Mall. At least eight participating tatak Mandaue…

Foreign investments in Central Visayas grew by 42% in 2021

Morexette Marie B. Erram 02/20/2022

CEBU CITY, Philippines — Total foreign investments approved for Central Visayas had increased by double-digits for 2021, latest data from the government showed.  The Philippine Statistics Authority (PSA) on February 15 recorded that the region received approximately…

Lapu-Lapu to offer new tour package at Liberty Shrine to tourists

Futch Anthony Inso 02/18/2022

LAPU-LAPU CITY, Philippines — The Lapu-Lapu City government will offer a tour package to tourists who would visit the city. According to Mayor Junard “Ahong” Chan, the tour package will take place at the Liberty Shrine in…

Cebu City collects P820 million in taxes in early months of 2022

Delta Dyrecka Letigio 02/12/2022

CEBU CITY, Philippines — The Cebu City Treasurer’s Office revealed that they have collected P820 million worth of taxes for the early months of 2022. City Treasurer Mare Vae Reyes said that these taxes were still based…

BOC Port of Cebu earns P1.37B surplus from January 2022 target

Doris C. Bongcac 02/02/2022

MANDAUE CITY, Cebu – The Bureau of Customs Port of Cebu started 2022 with a P3.3 billion collection for the month of January. This is 70.54 percent more than the agency’s collection target of Php1.942 Billion, earning…

Telcos, IT industry offer highest entry-level pay – JobStreet

Cathrine Gonzales 01/27/2022

MANILA, Philippines — The telecommunications industry is offering the highest entry-level salary, based on the latest salary report from leading online job portal JobStreet. According to JobStreet Salary Report 2022, the median entry-level salary in the telecommunications…

Cebu City biz leaders back ‘no vaccination, no entry’ rule

Morexette Marie B. Erram 01/26/2022

CEBU CITY, Philippines – Leaders of Cebu’s business community expressed support for the city government’s decision to require vaccination cards upon entry into indoor spaces. The Cebu Chamber of Commerce and Industry (CCCI), in a statement issued…

Vehicle sales up 20% in 2021, but ‘soft’ growth worries analyst

Roy Stephen C. Canivel 01/13/2022

Car and truck manufacturers sold 20 percent more units last year from 2020, marking a recovery after the pandemic upset demand for new vehicles. Still, this was not fast enough to match their 2019 performance, data showed.…

Real property tax deadline moved to Jan. 15, business permit deadline may be moved to Feb.

Delta Dyrecka Letigio 01/01/2022

CEBU CITY, Philippines — The deadline for the payment of Real Property Tax (RPT) in Cebu City is moved to January 15, 2022.  City Treasurer Mare Vae Reyes announced that because of devastation of Typhoon Odette, Mayor…

Cebu pork producers assure public there is enough supply, no price increase

Morexette Marie B. Erram 12/30/2021

CEBU CITY, Philippines – Despite the destruction brought by super typhoon Odette (international name: Rai) and the Holiday season, pork supply in Cebu remains sufficient. This was the assurance made by the Central Visayas Pork Producers Cooperative…

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