‘Waive SRP loan’s prepayment fee’

Jose Santino S. Bunachita 11/08/2015

Cebu City Mayor Michael Rama is requesting the Land Bank of the Philippines (LBP) to waive the P43-million penalty for the prepayment of the city’s loan for the South Road Properties (SRP). In a letter to LBP…

SRP debt pay plan needs council’s support

Nestle L. Semilla 10/07/2015

The Bureau of Local Government Finance (BLGF) said they “concur in principle” with the Cebu city government’s proposed debt prepayment of the city’s loan from the Japan International Cooperation Agency (JICA). In a letter responding to Cebu…

JICA reps identify needs in roadmap study

Victor Anthony V. Silva 09/11/2015

Representatives of the Japan International Cooperation Agency (JICA) identified areas that the Mega Cebu Development and Coordinating Board (MCDCB) can improve on in finalizing their roadmap study for development in Metro Cebu. Yuzurio Susumo, team director of…

Governor Davide raises awareness on Cebu, PPP projects

Melissa Q. Cabahug 08/10/2015

JICA support sought for proposed new road map on entire Cebu province Cebu Gov. Hilario Davide III was able to raise awareness about investment opportunities in Cebu, including potential public-private partnership (PPP) projects, during his trip to…

Capitol dads defer their support again

Victor Anthony V. Silva 07/21/2015

For the second time the Cebu Provincial Board deferred approval of a resolution supporting a proposed roadmap study for sustainable urban development in Metro Cebu. Members said they need to understand better the study proposal of the…

Officials vow to work harder

Jose Santino S. Bunachita, Victor Anthony V. Silva 07/18/2015

THE provincial government is working to address several concerns to further improve Cebu’s competitiveness ranking, Provincial Board Member Miguel Antonio Magpale. He said they are working on traffic, infrastructure, peace and order, health, education, and transportation. The…

Mananga 2 dam needed to avert shortage – JICA

Victor Anthony V. Silva 01/30/2015

Japanese consultants suggest reviving a plan to build a second high dam in the Mananga watershed at a cost of P6 billion. This would avert a water shortage for Metro Cebu in  2030, they said, but the…

Cebu City needs BSP, JICA approval for loan conversion

Jose Santino S. Bunachita 01/09/2015

The Cebu City government cannot convert its loan for the South Road Properties (SRP) from yen to peso just yet. An official of the Land Bank of the Philippines (LBP) told the Cebu City Council in yesterday’s…

Japan consultants say Cebu drainage plans need update

Peter L. Romanillos 09/06/2014

Fifty percent of Metro Cebu’s drainage lines are either silted or clogged by garbage. The four main cities of Cebu, Mandaue, Talisay and Lapu-Lapu have drainage plans, but these are “old” and poorly implemented, according to Japanese…

MCWD brings water to Bonbon

Jose Santino S. Bunachita 08/25/2014

Since she was a child, Irish Abapo would fetch water from the Mananga River in the mountain barangay of Bonbon in Cebu City for her family’s daily needs. They don’t bother boiling the water before drinking since…

Seniors to get P2,000 today

Doris C. Bongcac 08/16/2014

SENIOR citizens in Cebu City will each receive P2,000 today as a third installment of cash assistance from City Hall. This is part of the promised P12,000 annual subsidy for each elderly resident with half of it…

Tomas clueless on planned SRP sale

Doris C. Bongcac 08/13/2014

City councilors allied with the Bando Osmeña-Pundok Kauswagan (BOPK) left their leader, former mayor Tomas Osmeña, in the dark when they signed a draft resolution authorizing Mayor Michael Rama to sell portions of the South Road Properties…

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