Cebu biz exec says investors’ tax perks must remain a priority

Jose Santino S. Bunachita 03/21/2018

Tax perks should be a temporary come-on for investors to continue pouring money into the Philippines while more pressing concerns are still being addressed, a Cebu business leader said. Despite the statement of the Department of Finance…

Exec: Biz competitiveness to temper inflation rate

Jose Santino S. Bunachita 02/06/2018

AMID a 39-month high inflation rate of four percent last January, business leaders in Cebu remain confident that this will soon stabilize. And one important factor in normalizing the rate of inflation in the country is business…

Biz leaders okay with unsolicited proposals

Jose Santino S. Bunachita 01/28/2018

Business leaders in Cebu were amenable to the Duterte administration’s plans to do away with the bidding process in favor of unsolicited proposals for projects. Melanie Ng, president of the Cebu Chamber of Commerce and Industry (CCCI)…

Confidence in BOC but biz leaders remain vigilant

Jose Santino S. Bunachita 01/23/2018

CEBU business leaders remain confident about the decisions of the Bureau of Customs (BOC) regarding the reassignment of Elvira Cruz as Cebu Customs District Collector. Glenn Soco, immediate past president of the Mandaue Chamber of Commerce and…

Biz heads hope infra program, tax reforms bid will be realized

Victor Anthony V. Silva 11/20/2017

Local business leaders have pinned their hopes on the realization of the government’s ambitious infrastructure program and proposed tax reforms to help sustain the uptrend in the country’s economy. Cebu Chamber of Commerce and Industry (CCCI) President…

Biz permit OK in 30 days bill gets business heads support

Victor Anthony V. Silva 09/04/2017

  Local business leaders backed the bill mandating automatic approval of business permit applications after 30 days of inaction as it gains ground in Congress, saying it has been a long time coming for such measure. While…

Biz groups to work for better relationship with city

Morexette Marie B. Erram, Victor Anthony Silva 08/19/2017

  BUSINESS organizations in Cebu planned to reach out to the Cebu City government to bridge the gap between businessmen and the government. The goal, they said, was for the public and private sectors to work hand-in-hand…

Tom orders 2 lechon branches closed for lack of biz permit

Inna Gian Mejia, Jose Santino S. Bunachita 08/03/2017

City Hall closed two branches of a local lechon chain for operating without a business permit, a violation of the Omnibus Tax Ordinance. Cebu City Mayor Tomas Osmeña said the Rico’s Lechon branch along Panagdait Street in…

Investors and traffic

Victor Anthony V. Silva 07/06/2017

Biz leader emphasizes need to address traffic woes, lauds firm for ‘Creative Cebu’ How can Cebu attract more investors this year, surpass its nearly P30 billion worth of registered projects in 2016 and help sustain its economic…

Push to form alliance of biz groups backed

Victor Anthony V. Silva 05/14/2017

  Local business leaders backed the proposal to form an alliance of business organizations across the country in a bid to push for streamlined programs geared towards inclusivity. Gordon Alan Joseph, president of the Cebu Business Club…

Biz leaders: Cebu safe, secure

Victor Anthony V. Silva 04/10/2017

TRAVEL ALERT, REPORTED TERROR THREATS Following Cebu’s successful hosting of meetings for the Association of Southeast Asian Nations (Asean) 2017 Summit, local business leaders found reports of alleged terrorist threats in Central Visayas hard to believe. Cebu…

Biz, finance leaders: Internal trading will propel Asia’s growth

Victor Anthony V. Silva 04/05/2017

Local business leaders yesterday echoed the optimism of the Association of Southeast Asian Nations (Asean) finance and central bank leaders that Asia, the Philippines in particular, will continue to grow despite uncertainties in the global economy. Melanie…

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