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To be sure, Cebu City Mayor Tomas Osmeña’s crackdown on institutions he suspects have skipped on paying taxes to the city isn’t a new thing especially to those familiar with his decades-long rule. There is that tax…
More projects by micro to small-scale enterprises, particularly from the manufacturing sector, are expected in 2017 as the Board of Investments (BOI) implement a regionalized process of registering the investors’ projects. Philip Torres, BOI Cebu investments specialist,…
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…
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…
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…
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, 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…
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…
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…
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…
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…
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…
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