Korean investor pushes P12B floating restaurant project in Dauis, Bohol

Doris C. Bongcac 09/23/2023

MANDAUE City, Cebu — A Korean investor and members of his team visited the Bohol Provincial Capitol on Sept. 20. to make a presentation of their proposal to invest P12 billion on a floating restaurant there. The…

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.…

Pointed threats

Editorial 02/16/2017

He may have the evidence to justify the closure of BDO’s Magallanes branch but exactly how far is Cebu City Mayor Tomas Osmeña willing to take his feud with SM, Ayala and Filinvest? The court’s restraining order…

Personal accounting

Editorial 01/09/2017

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…

Traffic and the countryside

Aileen Garcia-Yap, Michelle Joy L. Padayhag 12/29/2016

(CONCLUSION) Biz leader: Set up eco-zone, townships in other Cebu areas to help ease Metro Cebu traffic Spread development to the countryside. Glenn Soco, Mandaue Chamber of Commerce and Industry (MCCI) president, gave this suggestion as one…

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…

‘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…

Mayor ‘threatened to cancel’ contract to get developers to pay city

Jose Santino S. Bunachita 08/14/2015

The Bando-Osmeña Pundok Kauswagan (BO-PK) bloc in the Cebu City Council yesterday said they are not against the sale of South Road Properties (SRP) lots  per se. “We want to help Cebu City. We are not against…

Retirement resort to rise in Liloan

Aissa A. Dela Cruz 05/20/2015

Homegrown developer Duros Land Properties, Inc. (DLPI) has partnered with a Japanese company for the development, marketing and management of the first retirement resort in Cebu. The project, estimated to cost P4 billion, will rise in Liloan…

P2M fund for study on T-Axial Highway

Victor Anthony V. Silva 12/21/2014

Cebu Gov. Hilario Davide III has set aside P2 million in the 2015 Capitol budget to bankroll the operations of a technical working group (TWG) that will conduct a feasibility study for the Trans-Axial Highway project. “The…

Johnson & Johnson, Sanofi consider expansions in PH

11/18/2014

More investors coming Multinational firms engaged in pharmaceuticals and logistics are keen on further expanding their operations in the Philippines, according to the Department of Trade (DTI). Citing discussions between Philippine trade officials and company executives based…

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