IT-BPM sector in Cebu still upbeat despite dip in investments in PH

Victor Anthony V. Silva 09/27/2017

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…

City sees more investments at North Reclamation Area

Miguel Ernest E. Ermac, Norman V. Mendoza 08/28/2017

ROAD LOTS donated to mandaue city More investments and greater development would be expected in Mandaue’s North Reclamation Area especially with the donation of 11.5 hectares of privately owned road lots to the Mandaue City government. “It…

Most traveled president also got most investments — Palace

Inquirer.net 06/26/2017

PRESIDENT Rodrigo Duterte’s trips abroad brought in at least $35 billion worth of investments into the country, Secretary Martin Andanar of the Presidential Communications Operations Office (PCOO) said yesterday. Andanar said this meant that the Philippines earned…

Property investments continue to pour into Mandaue City

Agnes Alpuerto 05/19/2017

MANDAUE City continues to attract more investors as more property developments continue to sprout in the city. Mario Ocleasa, Mandaue City Planning and Development officer, said in an interview yesterday that they attributed these development to Mandaue…

‘Dutertenomics’ seen to drive more investments in Cebu

Victor Anthony V. Silva 04/19/2017

The Duterte administration’s thrust to ramp up public spending on infrastructure was seen to drive private sector investments in the country, a local investment promotions official said. This, in particular, was a key in spreading development to…

BoI notes drop in investments as of Q1

Victor Anthony V. Silva 04/19/2017

The value of projects registered with the Board of Investments (BoI) reached P720.58 million in the first quarter of 2017, down from P7.65 billion during the same period in 2016. Ellorence Cruz, BoI Cebu extension office OIC…

Property boom continues

Victor Anthony V. Silva 04/12/2017

With BOI-registered projects hitting P29.49B in 2016, expert sees more real estate projects this year A local investments official is expecting more real estate projects in Cebu despite the Board of Investments (BOI) being poised to set…

Osmeña: I don’t run after investors, I run after people who try to swindle the city

Michelle Joy L. Padayhag 02/27/2017

Investors are welcome in Cebu City, but Cebu City Mayor Tommy Osmeña reminds them that he has to be firm and fair and will not hesitate to implement the law. “I don’t run after investors. I run after…

GROWTH PAINS

Jose Santino S. Bunachita, Victor Anthony V. Silva 02/22/2017

Officials say conflicts surrounding Cebu City’s new economic zone, the South Road Properties, can spur development in other growth areas outside Cebu City While recent developments at the South Road Properties (SRP) could spell possible repercussions for…

Envoy: Danish firms exploring Cebu market

Victor Anthony V. Silva 02/16/2017

Investors from Denmark see lower cost of doing business, direct flights as Cebu’s come-ons Danish companies are expected to set up shop in Cebu soon as Denmark seeks to establish partnerships with growth areas outside Metro Manila.…

DTI-7 considers establishing another FabLab in region

John Carlo Villaruel, Victor Anthony V. Silva 01/25/2017

HAVING another Fabrication Laboratory (FabLab) in Central Visayas can improve the quality of products of more enterprises in the region. Director Asteria Caberte of the Department of Trade and Industry in Central Visayas (DTI-7) said they were…

Economic outlook

Editorial 01/05/2017

The three-part series on Cebu’s business outlook for this year, with a glimpse into the next few years, looks good at least on paper since, as everyone knows by now, anything can happen between what is set…

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