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A Cebu-based property developer is planning to open the company to the stock market and eventually issue an Initial Public Offering (IPO) for the company. Joe Soberano, chairman and chief executive officer of Cebu Landmasters, Inc. (CLI),…
Business leaders in Cebu remain optimistic of the country’s economy despite the seven-year low plunge of the Philippine peso in the Philippine Stock Exchange on Monday. Glenn Soco, Mandaue Chamber of Commerce and Industry (MCCI) president, said…
The Department of Energy has issued a service contract to Menlo Renewable Energy Corp. for the development of a 60-megawatt (MW) solar power plant in the City of Naga in southern Cebu. This was disclosed by MRC…
GOKONGWEI-led retailer Robinsons Retail Holdings, Inc. has acquired a majority stake in the country’s largest generics drugstore chain The Generics Pharmacy (TGP) from the Liuson family. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday,…
Local businesses better be prepared to compete under an integrated regional economy. The Asean Economic Community (AEC) was formally created during the 27th Asean Summit on November 22 in Kuala Lumpur, creating a huge single market of…
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