Cebu Business
Waterfront profit rises
WATERFRONT Philippines Inc. (WPI) posted net income of P92.69 million in the first nine months of this year, up 16 percent from P79.98 million in the same period last year.
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Unified multi-purpose ID system set for January launch: SSS head
THE Unified Multi-Purpose ID System (Umid) is expected to be launched in January, after a “successful bidding” held last month, said Social Security System (SSS) president Romulo Neri.
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Lenders urged to help poor beyond providing money
REALIZING the extreme vulnerability of the poor in the face of adversity, a group of microfinance institutions is urging credit lenders to observe a more “wholistic approach” to poverty eradicatio
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Official: RP budget deficit still manageable
MANILA - A Malacañang official has responded to concerns of the International Monetary Fund (IMF) over a possible blowout of the budget deficit after the Philippines recently breached its P250
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Tax notes: Electronic DST system
THE Bureau of Internal Revenue (BIR) has issued the guidelines implementing the web-based electronic documentary stamp tax (eDST) system, which shall replace the DST electronic imprinting machines (DS
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Energy Development Corp. issues P12-B bonds
TO pay off an outstanding foreign currency-denominated loan, geothermal power company Energy Development Corp. (EDC) is selling to investors P12 billion worth of fixed-rate bonds.
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Travel business doing swell
A NEW industry player has attributed the “good” sales of her business to the continual flow of domestic and international tourists to Cebu City.
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Ultima’s Fuente Tower 3 eyes visitors as potential clients
CEBU'S robust economy, peace and laidback lifestyle are attracting tourists, which in turn has prompted local investors to put up accommodation projects for them.
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Windows 7 launched in Cebu
WITH features designed to simplify and improve the daily computer tasks of consumers, Microsoft Philippines is optimistic on the adoption of Windows 7 in the country in the next few years.
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Waterfront to spend P800M for renovation
WATERFRONT Philippines Inc. (WPI) will infuse P800 million to fund the renovation projects of three of its five hotels next year as part of the hotels’ regular maintenance activities.
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Reeves: Fighting for ‘aged-out’ children
OVER three years ago Reeves & Associates published an article regarding Relief For Aged-Out Children Under Child Status Protection Act (CSPA) discussing the scenario where children who “aged-out”
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Honda unveils new motorcycle
AFTER its launching in Eastwood City in Manila on Friday, Honda Philippines Inc. (HPI) unveiled its latest motorcycle in Cebu last Saturday.
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Exporters aim for self-reliance
WHILE waiting for their share of the P1-billion Export Support Fund (ESF) from the government, Cebu-based exporters are focusing their energy and resources on drafting sector export marketing plans (S
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Bank offers Veco auto-charge service
TO MAKE it more convenient for customers to pay power bills, the Visayan Electric Company Inc. (Veco) launched yesterday an auto-charge facility.
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