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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…
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…
Local businessmen warned of the dire effects of flooding on Cebu’s economy and urged government officials to act now or suffer worse consequences later. Incoming Mandaue Chamber of Commerce and Industry (MCCI) president Glenn Soco said the…
The Abaca Group has set aside P60 million for two new concepts and four new locations this year. “We are looking to expand more with all our brands and we want to do that efficiently. We don’t…
Some Cebu-based businessmen have expressed support for a scheme allowing the cross-border marketing of mutual funds and other collective investment schemes in participating economies. The Philippines and five other members of the Asia-Pacific Economic Cooperation (APEC) are…
Mayor Rama collects P6.7-B downpayment for SRP lots Cebu City Hall is now P6.7 billion richer, thanks to the downpayment made for two lots in the South Road Properties (SRP), said Cebu City Mayor Michael Rama. Where…
Big developers silent on when they will pay P6.7 billion Councilors allied with the Bando Osmeña–Pundok Kauswagan (BO-PK) yesterday asked the question foremost in everyone’s mind: Where’s the down payment for the SRP lots? “Why do…
OVER P1 billion worth of projects requested by Cebu City barangays for inclusion in the Annual Investment Plan for 2016 have been deferred by the City Development Council (CDC). “There is a need to make sure projects…
Cargo forwarders have asked the newly established Investment Ombudsman to help address concerns over the higher fees imposed by the Cebu Port Authority on overstaying cargo containers. Carmel de Pio Salvador, Cebu chapter president of the Philippine…
Logistics firm DHL Global Forwarding has set aside Euros 25 million (roughly P1.2 billion) for the expansion of its Philippine operations, an official said. Stephen Ly, managing director of DHL Global Forwarding Philippines, Inc., said the budget…
Seeing a still huge prospect for wellness businesses in the country, homegrown company Body & Sole Franchise Corp. will be introducing a pooled investment scheme which will offer opportunities for startup investors to run their own spa.…
Officials of Filinvest Land Inc. said yesterday that they respect the preliminary injunction issued by the Cebu City Regional Trial Court against the demolition of the wall along W. Geonzon Street. But they said they expect the…
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