Robbing them blind

Editorial 11/21/2016

Even if it isn’t Christmas or the holidays, one can reasonably expect robbers to prowl the city streets 24/7 looking for their next victim/s, and today’s technology only made them more versatile and cunning in their thievery.…

ATM SCAM HITS CEBU

Inna Mejia, Morexette Erram, Victor Anthony V. Silva 11/17/2016

Over P400,000 lost by 8 victims, including Cebu City Councilor Dave Tumulak Eight persons, including Cebu City Councilor Dave Tumulak, have fallen victim to automated teller machine (ATM) scams by foreign-looking nationals who withdraw more than P400,000…

NegOr government agencies group sets benefit run

PR 09/27/2016

THE Government Agencies’ Association of Negros Oriental (Gaano), in partnership with private organization Live Again, will spearhead a bloodletting and anti-dengue awareness campaign dubbed “Dugo Ko, Gasa Ko Fun Run” on October 16 at the Freedom Park…

Tom seeks P13M supplemental budget

Nestle L. Semilla 08/10/2016

CEBU City Mayor Tomas Osmeña submitted to the Cebu City Council his first Supplemental Budget for this year worth P13.2 million. Before he left for his annual checkup in Houston, Texas, Osmeña submitted the budget to the…

Former village exec vows to account for P42.6M

06/09/2016

A FORMER Tisa barangay chairman submitted a written explanation on his failure to submit a liquidation on the P42.6 million worth of disbursements made by his office from January 2007 to November 2012. In a letter he…

‘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…

Cebu City to pay P167M for SRP loan

Jose Santino S. Bunachita 02/13/2015

The amount includes 299,800,000 yen for the principal amount and 154,744,770.28 yen as interest payment. CEBU City Hall is scheduled to pay 454.5 million Japanese yen to the Land Bank of the Philippines (LBP) for the city…

Rama eyes local banks for SRP loan restructure

Jose Santino S. Bunachita 12/14/2014

Cebu City Mayor Michael Rama wants to pursue a restructuring of the loan for the South Road Properties (SRP) before the year ends. This developed after the Development Bank of the Philippines (DBP) formally offered Rama a…

Land Bank eyed to pay city’s SRP loan fee

Jose Santino S. Bunachita 08/28/2014

THE Cebu City Council wants the Land Bank of the Philippines (LBP) to assume the one percent guarantee fee for the city’s South Road Properties (SRP) loan. The resolution authored by Councilor Margot Osmeña stated that the…

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