Economic outlook

Editorial 01/05/2017

The three-part series on Cebu’s business outlook for this year, with a glimpse into the next few years, looks good at least on paper since, as everyone knows by now, anything can happen between what is set…

Davide hopes for full 2017 budget approval

Jose Santino S. Bunachita 11/20/2016

AS the series of hearings for the Cebu provincial government’s proposed P3.6-billion annual budget for next year starts this week, Cebu Gov. Hilario Davide III enjoins the Provincial Board (PB) not to slash it. The governor said…

Japan execs explore trade opportunities in Mandaue

Norman V. Mendoza 11/16/2016

The dignitaries from Ayabe City, Japan, met with the Mandaue City Hall officials upon the invitation of Mayor Luis “Luigi” Quisumbing to look for possible investment opportunities in the highly urbanized city. Led by Ayabe City Mayor…

Cebu City’s disaster office proposes a P350.8-M budget for 2017

Jose Santino S. Bunachita 11/11/2016

The Cebu City Disaster Risk Reduction and Management (CCDRRMO) is asking for a P350.8 million budget for next year, up by P58.3 million from its budget allocation this year. CCDRRMO head Nagiel Bañacia, during the budget hearing…

Firm to cut into $372B insurance protection gap

Victor Anthony V. Silva 11/07/2016

Pru Life UK eyes lower to middle class sector to grow insurance market A life insurance company is aiming to increase the insurance penetration in the country and lessen the $372 billion insurance protection gap through the…

Youth joins Aboitiz Future Leaders Business Summit

PR 11/02/2016

Student leaders who were carefully screened and chosen from universities nationwide will participate in one of the country’s most-anticipated youth conferences —the Aboitiz Future Leaders Business Summit (AFLBS), to be held in Cebu City today until November…

CDN hosts trick or treat

Doris C. Bongcac 10/31/2016

Cebu Daily News staff took a break on Wednesday afternoon to welcome their kids, nieces, nephews and grandchildren who were looking for fun and lots of goodies, including candies and chocolates. About 35 children dressed as mythical…

Nicole Cordoves wins first runner-up at Miss Grand International pageant

10/27/2016

THE PHILIPPINES’ bet to Miss Grand International 2016 came close to bringing home the crown with a first runner-up finish—the highest rank a Filipina beauty queen has achieved in the international beauty tilt, held this year at…

BPI apologizes to clients after drawing flak over ATM updates

08/30/2016

The Bank of the Philippine Islands apologized on Tuesday after getting negative reactions from clients regarding its recent warnings on losing access to their ATMs (automated teller machines) if they won’t update information requirements. “Last Friday and…

Osmeña to scrap 2016 budget; City Hall workers’ bonus now in limbo

Nestle L. Semilla 06/21/2016

THE mid-year bonus due to Cebu City government employees will remain in limbo until City Hall can find where to source the money, Acting Mayor Margarita “Margot” Osmeña said yesterday. The decision of the four-man city council…

LONG WAIT FOR BONUS

Nestle L. Semilla 06/20/2016

Team Rama dads  disapprove 2016 budget ordinance Bad news for Cebu City hall employees. The mid-year bonus equivalent to one month’s pay, which they have been waiting for since May 15, may not be released this month…

Council appoints new budget committee chief

Nestle L. Semilla 06/15/2016

THE Cebu City Council appointed a new chairman for the budget and finance committee during their regular Wednesday morning session. Councilor James Cuenco took over the committee chairmanship from Cebu City acting Mayor Margot Osmeña. This followed…

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