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…
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…
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…
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…
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…
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.…
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…
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…
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…
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…
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.…
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…