Filipino consumers, businessmen more confident about 2021 prospects — BSP survey

Daxim L. Lucas - Reporter / @daxinq 12/11/2020

MANILA, Philippines — Confidence returned to Filipino consumers when polled about their expectations for the first quarter of 2021, after expressing negative sentiment about for the current quarter in the latest survey conducted by the central bank.…

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…

Businesses, hotels to be closed when Cebu City goes into ‘lockdown’

Delta Dyrecka Letigio 03/26/2020

CEBU CITY, Philippines — Businesses and hotels will have to cease operations once the enhanced community quarantine will begin in Cebu City on March 28, 2020.  Mayor Edgardo Labella said that establishments not selling commodities would have…

Businesses told: Only 50% of workers allowed to ‘physically’ report to office

Rosalie Abatayo 03/22/2020

CEBU CITY, Philippines — All businesses in Cebu province may only have up to half of their entire workforce physically reporting to their office starting Tuesday, March 24, 2020. In another Executive Order issued by Cebu Governor…

Gov’t rolls out P27-B package vs COVID-19

Darryl John Esguerra - INQUIRER.net 03/17/2020

MANILA, Philippines — The Duterte administration’s economic team has announced a P27-billion package to provide economic relief to businesses and workers affected by the coronavirus disease 2019 (COVID-19) outbreak. “Mula po sa economic cluster, headed by (Finance)…

Businesses urged to shift to sustainable practices

Irene R. Sino Cruz 11/15/2019

CEBU CITY—Amid growing concern over climate change and the environment, businesses are urged to shift to sustainable practices as a way of doing business. Entrepreneurs shared how the adopted sustainable practices in their businesses during the Transforming…

CTO taps help of Cebu City barangays in monitoring businesses

Delta Dyrecka Letigio 11/05/2019

CEBU CITY, Philippines — The Cebu City Treasurer’s Office (CTO) is tapping the assistance of the city’s 80 barangays in monitoring the presence of businesses in their respective jurisdictions. Lawyer Jerone Castillo, CTO head, said that barangays…

CCCI Survey: Gov’t regulations, corruption among obstacles affecting Cebu’s competitiveness

Irene R. Sino Cruz 10/30/2019

CEBU CITY, Philippines–A survey conducted among Cebu businessmen identified government regulations and element of corruption as among the top obstacles to Cebu’s competitiveness. The Cebu Chamber of Commerce and Industry (CCCI) conducted the survey on 204 business…

Ahong warns Lapu bizmen vs scammers using his name

Doris C. Bongcac 09/23/2019

CEBU CITY, Philippines – Lapu-Lapu City Mayor Junard “Ahong” Chan is urging businesses in his city not to fall prey to individuals who will try to transact with them using his name or the Office of the…

DPS Chief Biton: Jomara to collect garbage from businesses

Delta Dyrecka Letigio 09/17/2019

CEBU CITY, Philippines — Barangays will no longer have to collect garbage from commercial establishments that are located within their areas of responsibility. The Department of Public Services (DPS) in Cebu City will already takeover the job.…

GCash offers free fund transfer services through Bangko Sentral’s InstaPay

Irene R. Sino Cruz 03/03/2019

CEBU CITY—Even with a retail payment platform InstaPay offered by Bangko Sentral ng Pilipinas, micro businesses belonging to the informal sector would find it difficult to transact business with suppliers requiring them to send their payment to…

Train, rising inflation shake businesses, economy in 2018

Jose Santino S. Bunachita 12/27/2018

YEAREND REPORT First of two parts The year 2018 has brought a lot of “economic shocks” not just for the local business community in Cebu but for the entire country. Right at the start of the year,…

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