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CEBU CITY — The green energy pricing program proposed by the Department of Energy aims to encourage investments and financing for renewable energy program. The government aims to increase the use of renewable energy by promoting the…
MANDAUE CITY, Philippines—For two days now, John (not his real name) has been visiting the Organico Agribusiness Ventures Corp. office in Barangay Cambaro, Mandaue City hoping to talk to a management representative who will be able to…
The continued boom of Cebu’s real estate industry is attracting not just local but also foreign buyers of residential properties in different areas of the province. Among the biggest potential buying market are Chinese nationals, who are…
BRIGHT PROSPECTS FOR CEMENT INDUSTRY Despite the challenges brought about by the rising inflation in the past few months and impact of the new taxes on fuel of the new tax reform law, an official of a…
The Korean government is exploring possible investments in smart water management technologies in Cebu. K-Water, Korea’s representative water specialized public corporation, brought several Korean businesses engaged in water management to a forum which was attended by mayors…
JAPANESE companies are looking into Cebu’s sewage treatment and garbage management sector as a possible area to invest into next year. Representatives from Yokohama City-based companies such as Amcon, Takematsu Shoji Co., Ltd. and Hinode Sangyo have…
MORE people are seeing the viability of buying condominium units as investments especially with Cebu’s tourism boom. This trend is seen in the sales of condominium units of a homegrown developer, Grand Land Inc., from its newly…
Inflows of foreign direct investments to the Philippines rose substantially in the first quarter of the year as investors were reassured by the country’s strong economy, the central bank said on Monday. In a press statement, the…
New investment pledges in the manufacturing sector plunged last year to almost 50 percent due to the uncertainty brought by the tax reform law, top officials of the Philippine Economic Zone Authority (PEZA) said on Wednesday. New…
Infrastructure projects to spur property development in this ‘gateway city’ to Cebu Mandaue City is already a favorable destination for investors as it is, with proximity to the Mactan-Cebu International Airport and Cebu International Port being one…
CEBU Big-ticket projects in solar energy and cement registered at the Board of Investments Cebu Extension Office (BoI-Cebu) helped push investments in Cebu in the third quarter to P20 million, which is a marked improvement to previous…
Despite the decline in investments in the country’s Information Technology-Business Process Management (IT-BPM) sector during the second quarter of the year, a local industry leader still considers Cebu “lucky.” This is because Cebu continues to enjoy the…
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