Vietnamese software company to invest on local music app

Victor Anthony V. Silva 12/15/2016

A Vietnamese software development company based in Cebu plans to spend at least P1 million to create an online streaming app for homegrown music. FPT Software Philippines has partnered with local music stalwarts to develop IslaTunes, which…

Chinese investors continue exploring prospects in Cebu

Dominic D. Yasay, Victor Anthony V. Silva 12/12/2016

Sino company pitches metro railway project to Mandaue City officials Chinese investors continue to explore investment opportunities in Cebu with the warming of relations between China and the Philippines. (CRCC), an established and well-known railway company in…

Bridges to link Cebu to Bohol, Leyte, Negros Or. pushed

Inquirer, Jose Santino S. Bunachita, Leo Udtohan, Victor Anthony V. Silva 12/06/2016

17.5-km Cebu-Bohol Friendship Bridge project gets Neda Board’s nod If plans don’t miscarry, travel to Cebu from Bohol or even as far as Leyte and Negros Oriental on the western side of Cebu will just be one…

Senate OKs on second reading resolution to ratify AIIB Treaty

11/30/2016

The Senate has adopted on second reading a resolution seeking its concurrence in the ratification of the Articles of Agreement of the Asian Infrastructure Investment Bank (AIIB). No senator objected when Senate Majority Leader Vicente “Tito” Sotto…

Ayala Land bullish on Cebu’s economy

Victor Anthony V. Silva 11/24/2016

Ayala Land, Inc. (ALI), Ayala Corp.’s real estate unit, remains bullish on Cebu’s economy and continues to roll out estates all over the country despite the anticipated increase in US Fed rates this December. Bobby Dy, company…

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…

Insurance firm targets middle class market

Victor Anthony V. Silva 11/07/2016

Life insurance company Pru Life UK seeks to expand its market in the Philippines through its newest product aimed at the lower to middle-income class brackets. Pru Life UK on Monday introduced PRUmax invest, its latest life…

P25.4B investments poured in Cebu from January to June 2016

Victor Anthony V. Silva 11/02/2016

Investments in Cebu for the first half of this year has reached P25.4 billion, already close to exceeding the total for the whole of 2015, despite a marked reduction in mass housing projects. The Bureau of Investments…

DOE to cut 100 signatures needed for power projects

Victor Anthony V. Silva 10/30/2016

Streamlining of application processes seen to bring in more investments More energy projects are expected in the country when the Department of Energy (DOE) implements its plan to lessen the the 100 signatures needed for a power…

CPA stands by authority over ports amid suspected political maneuvers

Victor Anthony V. Silva 10/24/2016

A Cebu Port Authority (CPA) official has asserted his office’s mandate following reports of investment pledges from a Chinese company to help a Filipino firm in its international port project in Cebu on the very same site…

‘Atong i-ampo nga matul-id si presidente’

Lloyd Suarez 10/23/2016

Wa nako matingala niining katin-awan ni Presidente Duterte nga dili niya putlon ang maayong relasyon sa Pilipinas ug Amerika taliwa nga nakabuhi siyag mga pulong sa iyang state visit didto sa China nga makigbuwag na siya sa…

Foreign direct investments surge to $2.2 billion in April

07/11/2016

MANILA — Net inflows of job-generating foreign direct investments (FDI) jumped to the highest-ever monthly figure of $2.2 billion in April as the Philippines’ economic star shone in the region and attracted greater investor interest, the Bangko…

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