Furniture firm eyes bigger share of local market

Victor Anthony V. Silva 11/20/2017

YEARS after furniture manufacturers decided to cater to the local market amid a global exports slowdown years ago, local players are now seeing promising growth in domestic uptake. Such is the case of the Mandaue City-based Lenbert…

Construction supply firm faces closure

Intern 11/08/2017

CEBU City Mayor Tomas Osmeña said he will order the closure of Vic Enterprises at MJ Cuenco Avenue, Cebu City, even after its owner visited him in his office to ask for reconsideration. “Many told me that…

Osmeña firm on stand not to use SRP funds for city’s infra projects

Inna Gian Mejia 11/06/2017

CEBU City Mayor Tomas Osmeña is standing pat on his decision not to use P9.8 billion of the city’s funds received from giant developers, Ayala Land, Cebu Holdings Inc., SM Prime Holdings, and Filinvest Land Inc. as…

Firm offers ‘masiao’ ushers legit job

Doris C. Bongcac 10/09/2017

STL IN CEBU CITY A Manila-based company is offering Cebuanos a legitimate alternative to the illegal numbers game “masiao” with the recent opening of its Small Town Lottery (STL) in Cebu City. Engineer Reynaldo Sangalang, chairman and…

Espina firm expresses dismay as city won’t pay for CCMC design

Inna Gian Mejia 08/16/2017

A private engineering and architectural firm that designed and supervised the construction of Cebu City Medical Center (CCMC) has expressed dismay over the opinion of the City Legal Office that the city government has no basis in…

IT firm bullish on market, targets MSMEs

Victor Anthony Silva 07/20/2017

A HOMEGROWN IT company is bullish on the growth of the local retail sector, citing the need for small and medium-sized enterprises (SMEs) to all the more compete with bigger players by embracing digital business solutions. Robert…

Mining firm: We’re still major driver of growth

Victor Anthony V. Silva 06/26/2017

CARMEN COPPER CORP. Despite challenges brought about by the decline of copper prices in the world market in recent years, a mining company executive still believes the industry continues to play a major role in the growth…

British insurance firm banks on Cebu’s growing market

Victor Anthony V. Silva 06/19/2017

Banking on Cebu’s robust economic performance, British life insurer Pru Life UK continues to be bullish about the local market’s capacity to avail of life insurance and investment products. Divine Furagganan, Pru Life UK senior vice president…

Energy firm to pour P2B into Visayas, Mindanao projects

Victor Anthony V. Silva 06/15/2017

Listed energy firm Vivant Corporation (VVT) is poised to spend roughly P2 billion this year until 2018 in a bid to increase its generation portfolio. The additional investment will be poured into projects in Visayas and Mindanao,…

House subpoenas chair of firm that owns Resorts World Manila

Inquirer.net 06/14/2017

The House of Representatives issued a subpoena for the chairperson of Travellers International Hotel Group, the company that owns and operates Resorts World Manila, the casino of which was attacked by a lone gunman last June 2.…

Why a BPO firm chooses to invest in rural areas

Cris Evert Lato-Ruffolo 06/06/2017

SIX COUNTRYSIDE CENTERS EYED A homegrown business process outsourcing (BPO) company is expanding its operations in countryside locations, citing direct access to local talents, high retention rate and strong local government support as the main reasons for…

‘No salvor firm to siphon oil of sunken ship yet’

Michelle Joy L. Padayhag 06/04/2017

ALMOST a month after the ill-fated MV Fortuner sank off waters in Barangay Cansojong, Talisay City, siphoning of the oil has not yet started. Dionlett Ampil, commander of Cebu Station for the Philippine Coast Guards (PCG) said…

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