Osmeña considers Kalunasan as new city jail site

Inna Mejia 11/17/2016

CEBU City Mayor Tomas Osmeña said the city government has yet to find a suitable site for a new jail facility. The mayor said this after Councilor Joel Garganera questioned his plan of converting the Inayawan landfill…

Exec: Cebu port cuts 7-month revenue shortfall to P540M

Victor Anthony V. Silva 08/07/2016

THE Cebu Port has cut by 4.5 percent or P540 million its revenue shortfall in the first seven months of the year. Acting Cebu Customs District Collector Rico Rey Francis Holganza said yesterday that the Cebu Port…

Aboitiz Group reports profit decline

Marites Villamor Ilano 03/09/2016

Power still biggest contributor; real estate arm sets P4.6 billion capital expenditure Despite a higher profit in the fourth quarter of 2015, Aboitiz Equity Ventures, Inc. (AEV) reported a 4-percent decline in its consolidated net income last…

Mandaue raises revenue collection for February

Nestle L. Semilla 02/24/2016

Mandaue City more than doubled its revenue collection this month compared to the same period last month. Mandaue City Treasurer Regal Oliva said they collected P504 million this month or 125 percent more than the P256 million…

SRP sale boosts Cebu City revenue collection

Jose Santino S. Bunachita 11/11/2015

The year is not over yet, but Cebu City Hall has already exceeded its revenue collection target for this year. City Treasurer Diwa Cuevas credited the excess P3.8 billion from the down payment of the sale of…

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