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A commercial bank will open 36 new branches in the country including two in Cebu this year to penetrate the growing small and medium enterprise sector. The move is part of the Philippine Bank of Communications (PBCOM)…
Taxpayers should study and keep up to date on seven areas of tax administration that the Bureau of Internal Revenue (BIR) has focused in order to reach this year’s target revenue of P1.45 trillion. Lawyer Emmanuel C.…
In spite of the cool surroundings of the mall, the atmosphere was tinged with electricity. It was hot. And people were restless. It turns out that summer arrived early in Cebu with its harbinger being one of…
The Ramon Aboitiz Foundation Inc. (RAFI) Micro-finance program held its 10th general assembly last Jan. 25 at the University of San Jose-Recoletos gymnasium in barangay Basak Pardo, Cebu City. Dubbed as “Fiesta sa RAFI Micro-finance: A Thanksgiving…
The Cebu provincial government will partner with a group of companies to improve disaster preparedness in calamity-hit areas in Cebu through a community-based approach. Cebu Gov. Hilario Davide is set to enter into an agreeement with the…
Aboitiz Equity Ventures Inc. has completed its exit from shipping-related businesses with the sale of its entire stake in maritime services group Aboitiz Jebsen, a partnership with the Jebsens group of Norway. In a disclosure to the…
DEVELOPER EXPANDS TO CEBU BUSINESS PARK Local property developer, Skyrise Realty Development Corp., (SRDC), is expanding to the Cebu Business Park after years of constructing office buildings in another Ayala-owned economic zone, the Cebu IT Park. SRDC…
The Philippine Association of Meat Processors, Inc. (Pampi) will try to get a share of the 600 million consumer market in the ten Asean member countries. All the 48 members of Pampi are now getting ready for…
Small businesses in northern Cebu that applied for government loans after they were hit by supertyphoon Yolanda may receive their assistance next week. Francisco Buenavides, head of the government-owned Small Business Corp. (SB Corp.), said they endorsed…
A third suspect in an alleged plot to kill Asturias Municipal Vice Mayor Joel Dumdum voiced willingness to testify against his cohorts following his arrest by the Provincial Intelligence Branch (PIB) last Friday night. “Alvarado is the…
The mauling of comedian and television host Vhong Navarro in the hands of businessman Cedric Lee and five other men has generated a lot of funny Internet memes. Memes are ideas, styles and actions or humorous messages…
Fifty years after they first set up their motorcycle business in Mandaue City, the Norkis Group will invest P6 billion to develop a cyberpark that’s projected to add 38,000 jobs in the city. Dr. Norberto B. Quisumbing,…
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