Duros Group to spend 9B for 2019 projects; bares expansion plans in VisMin

Cris Evert Lato-Ruffolo 01/04/2019

LILOAN, CEBU, Philippines – The Duros Group of Companies continue to be bullish about business prospects in 2019 as they earmark P9 billion for various projects this year.  The confidence is mostly powered by projects in the…

PH, Japan ink P2.1-B loan for new Panglao airport expansion

Inquirer.net 10/08/2018

The Department of Finance (DOF) and Japan International Cooperation Agency (JICA) agreed on a fresh loan of 4.376-billion yen to the Philippines — equivalent to P2.1 billion at the prevailing exchange rate — to help fund the…

Investors plan to halt expansion in PH worries Cebu biz groups

Jose Santino S. Bunachita 09/06/2018

TRAIN 2 WOES HIGHER prices of products, a depreciating peso, and the possibility of losing tax incentives. The business sector, both local and foreign, have to contend with these issues, with some even already saying that they…

Micab ties up with PLDT, eyes VisMin expansion

Jose Santino S. Bunachita 06/20/2018

CEBU startup Micab Systems Corp. is gearing up for their expansion in other key cities in the country to roll-out their taxi-hailing mobile application. Next month, they are on track to establish the app in Iloilo and…

GMA pushes roro route expansion

Morexette Marie B. Erram 05/19/2018

EXPANDING the country’s roll-on, roll-off (roro) services will benefit both passengers and cargo companies in the long term, former president and now Pampanga Rep. Gloria Macapagal-Arroyo said yesterday. “It makes me happy that after 15 years since…

Street race in Hanoi could lead Formula One’s Asia expansion

AP 04/25/2018

TOKYO — Formula One is expected to add more races in Asia including a street circuit in the capital of Vietnam, a country with little auto-racing history that is on the verge of getting a marquee event.…

Visayas expansion gets boost

Inquirer.net 02/26/2018

CLI BUILDS ON housing SUCCESS in Cebu Homegrown developer Cebu Landmasters Inc. (CLI) is replicating its housing successes in Cebu as it expands and brings P3.54 billion worth of fresh residential inventory to the Visayas with the…

Manila-based firm eyes lab services market with Cebu expansion

Irene R. Sino Cruz 01/31/2018

RECOGNIZING the growing market for laboratory services, a Manila-based company opened its second Cebu diagnostic center that uses state-of-the art technology. Dr. Rodrigo Rodrigo, medical director of Kaiser Medical Center, said there is a continued demand for…

P75M set aside for 50-room hotel expansion

Victor Anthony V. Silva 12/22/2017

HOMEGROWN hospitality brand Cebu Grand Hotel is poised to add around 50 more rooms as it embarks on a P75-million expansion targeted for completion in the third quarter of 2018. Carlo Anton Suarez, Cebu Grand Hotel general…

Cebu Landmasters to issue bonds to fuel expansion

Victor Anthony V. Silva 11/06/2017

2018 TARGET Homegrown property developer Cebu Landmasters Inc. (CLI) is primed to once again tap the capital market in the first half of 2018 as it seeks to fuel its prospects for expansion. Jose Soberano III, CLI…

P10M allotted for 2-year expansion

Victor Anthony V. Silva 10/29/2017

TEA SHOP BUSINESS A Cebuana entrepreneur and her partners plan to invest P10 million in the tea shop business in the next two years as they bank on the growing sophistication of the local market’s drinking habits.…

Homegrown bakeshop sets eyes on national expansion

Victor Anthony V. Silva 09/27/2017

MORE than three decades after it was established, the homegrown family-owned San Jose Bakeshop is now ready to conquer the rest of the Philippines. Niñi Jose Tiongko Jr., San Jose Bakeshop president, said they want to focus…

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