Ursula leaves P300M damage in Cebu

Rosalie Abatayo 01/08/2020

CEBU CITY, Philippines — The damages that Typhoon Ursula left in Cebu has already reached P300 million as of Wednesday, January 8, 2020, according to data from the Provincial Disaster Risk Reduction and Management Office (PDRRMO). Madridejos…

Cost of road crashes in PH: P105.7B every year

08/19/2019

CEBU CITY—At least P105.7 billion is lost to fatal road crashes in the country every year, data presented by a civil society organization revealed. Lawyer Natasha Daphne Marcelo of ImagineLaw said the figure was taken from the…

Duterte signs law to lower cost of electricity

08/13/2019

MANILA, Philippines — President Rodrigo Duterte has signed into law a measure that would reduce the cost of electricity in the country. Duterte signed Republic Act 11371, or the “Murang Kuryente Act,” on August 8. But a…

RP low cost carriers still face bright prospects

Irene R. Sino Cruz 03/11/2019

CEBU CITY, Philippines –Low cost carriers still face bright prospects, said Carmelo Arcilla, executive director of Civil Aeronautics Board. He said that the Philippines remains to be among the fastest growing passenger market in the world. According…

Train Law pushes cost of dying up

Inquirer.net 10/30/2018

TRAIN ALSO AFFECTS THE DEAD As All Souls’ Day draws nearer, a lawmaker warned the public that the Tax Reform for Acceleration and Inclusion (TRAIN) law, coupled with the skyrocketing inflation rate, affects not just the living…

Exec: Fake eCARs may cost gov’t P25M

Morexette Marie B. Erram 10/08/2018

CEBU CITY GOV’T SEEKS BIR-7’S HELP The national government might have lost P25 million in taxes related to real estate properties if 15 electronic Certificates Authorizing Registrations (eCARs) would be proven to be fake. Acting Cebu City…

Cost of loving

Fr. Randy Figuracion 05/05/2018

Blue and red shirts greeted my early morning mass in the parish. It was the signal that the campaign period has come. Prayers of different aspirants for barangay offices went up to heaven. I joined my heart’s…

Pernia: This will cost economy P1.96B

Inquirer.net 04/24/2018

Boracay’s 6-month closure  The six-month closure from tourists of Boracay Island starting Thursday, April 26, would cost the economy about P1.96 billion, which the country’s chief economist said Tuesday would be compensated for by an increase in…

BRT now to cost P17B

Morexette Erram 04/11/2018

THE PROPOSED Bus Rapid Transit System (BRT) project in Cebu City will now cost P17 billion based on computation by the Commission on Audit (COA). “It’s COA’s computation. They computed the delay in the form of fees…

Public will not bear additional cost as VECO upgrades Banilad substation

Jose Santino S. Bunachita 04/10/2018

The Visayan Electric Company (VECO) has upgraded its Banilad substation, doubling its capacity from 33 MVA to 66MVA. According to VECO Chief Operating Officer Anton Mari Perdices, the upgrade will improve the utility firm’s distribution network in…

Cost, ease of doing business top CCCI prexy’s to-do list

Jose Santino S. Bunachita 03/04/2018

Going back to the basics of doing business is the main thrust of newly elected Cebu Chamber of Commerce and Industry (CCCI) President Antonio Chiu. Chiu, 60, is managing several businesses mostly in the manufacturing sector. He…

Mandaue pays half of CICC cost

Morexette B. Erram 01/24/2018

Even if the Mandaue City Government has paid more than half on acquiring the Cebu International Convention Center (CICC) from the Cebu Provincial Government, no formal turnover will be done yet unless the former has fully paid.…

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