Rama pulls surprise; serves SRP lot awards in Manila

Jose Santino S. Bunachita 08/11/2015

Back from his Manila trip, Cebu City Mayor Michael Rama yesterday surprised everyone by declaring that City Hall already awarded the top bidders in the sale of two lots in the South Road Properties (SRP) last Wednesday,…

Ayala to hold first Lifestyle Fair

Vanessa Claire Lucero 07/23/2015

Ayala Business Club of Cebu, Incorporated (ABCCI) will be holding the first Ayala Lifestyle Fair from June 30-August 2, 2015. The four-day event will feature exclusive discounts and promos over 20 companies under ABCCI. Among the companies…

Is Capitol’s revenue from Cyberzone enough?

Victor Anthony V. Silva 07/10/2015

THE Commission on Audit (COA) questioned the revenue terms of an agreement between the Cebu provincial government  with a   real estate developer for the Cebu Cyberzone project. State auditors said the Capitol may not be able to…

Security bond from SRP highest bidders to fund bonuses, asphalting projects

Jose Santino S. Bunachita 07/02/2015

THE estimated P1.7 billion revenues from the bidding of two South Road Properties (SRP) lots will be used to fund a proposed supplemental budget, officials said. Of the proposed P250-million supplemental budget 1 (SB1) for this year,…

SM-AYALA WINS BID: P10 BILLION

Jose Santino S. Bunachita 07/01/2015

Rival firms  to develop 26-hectare SRP lot   Filinvest posts highest bid  for 19-hectare lot A consortium of two rival property giants, Ayala Land, Inc. and SM Prime Holdings,  Inc.,  was declared the highest bidder for a…

Series of tests for Ayala Cinema 5

06/19/2015

The Office of the Building Official (OBO) recommended a series of tests, including a hydrostatic test, to be done on Ayala Center Cebu’s Cinema 5. Ayala Center Cebu was given seven days to submit a full report…

Party crasher

06/19/2015

At least two things should be learned from last Monday evening’s collapse of a portion of the ceiling of Ayala Cinema 5 that injured nine persons. One, is that building owners and commercial developers should conduct periodic…

More runners sign up for Hunat Sugbu 5

Glendale G. Rosal 06/19/2015

MORE RUNNERS continue to register for the Hunat Sugbu V: Dagan Para Ni Maning, which will be held this Sunday starting at the Ayala Center Cebu’s The Terraces. Nick Nacorda, one of the organizers from the Cebu…

Assess contractors, buildings, owners told

Doris C. Bongcac, Jose Santino S. Bunachita 06/18/2015

The Cebu City Council asked the management of Ayala Center Cebu to review their process of selecting  contractors after Monday evening’s accident where the ceiling boards of the mall’s newest cinema collapsed during a special screening of…

Council wants firm to probe selection process for contractor

06/17/2015

The Cebu City Council wants Cebu Holdings Inc to look into the process in selecting their project contractor following the collapse of Ayala Cinema 5’s ceiling last Monday evening. In today’s council session, Cebu City Councilor Roberto…

Rama to theater owners: Let accident serve as a warning

Ador Vincent S. Mayol, Grace II Pecaoco, Jose Santino S. Bunachita 06/17/2015

Investigation on cinema ceiling collapse starts; case vs Ayala  mall mulled A day after the collapse of ceiling boards of  its newest movie theater and  cascades  of water  drenching the audience below, there’s  little trace of the…

Mayor Rama tells Cinema owners to check facilities

Ador Vincent S. Mayol, Grace II Pecaoco 06/16/2015

To ensure the safety of moviegoers and the public, Mayor Michael Rama urged all Cinema owners in Cebu City to check their respective facilities to avoid a repeat of last Monday’s incident when a part of the…

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