Adapt investor mindset Firm to Cebuanos: Invest in stock market

Victor Anthony V. Silva 03/05/2017

Banking on the growth potential of the Cebuano market, a brokerage firm is primed to beef up its campaign to educate more people here to adapt to an investor mindset. Michelle Ungco, assistant vice president of UTrade…

Cebu-based developer eyes PSE listing, IPO

Victor Anthony V. Silva 10/18/2016

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 bullish on peso’s plunge

Victor Anthony V. Silva 09/27/2016

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…

Another solar power plant proposed in southern Cebu

Marites Villamor Ilano 05/23/2016

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…

Robinsons buys drugstore chain

05/17/2016

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,…

Asean market, new malls top list

Marites Villamor Ilano 12/27/2015

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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