Exports dropped 20.7%
PHILIPPINE exports dropped sharply in December last year as the crucial electronics sector struggled with soft demand in Japan, the United States and other key markets, official data showed Friday.
Export earnings fell 20.7 percent year-on-year to $4.2 billion in December, dragging the...
Architect urges urban planners to rethink ‘sprawl development’
RATHER than expand territories by building exclusive communities in the suburbs, a US-based architect is pushing for development that allows homeowners to be nearer to the city centers.
Senen Antonio, partner and director of business development of Duany Planter-Zyberk (DPZ) and Co., in a...
Chamber begins search for its 2012 awardees
NOMINATIONS are now being accepted for the 17th Grand Chamber Awards of the Cebu Chamber of Commerce and Industry (CCCI).
The awards are meant to recognize and highlight entrepreneurs who are key players in making businesses flourish in Cebu. It also aims to inspire aspiring entrepreneurs...
Homegrown music school seeks international accreditation
ENTREPRENEUR Pia Salonga-Chiong Quisido plans to have her music school, Salonga School of Rock, certified by the Rock School UK to position the facility as one of Cebu’s premier schools for pop and rock music.
“The accreditation would give more credibility to the school, although we have...
Almirante: Voluntary resignation
Dominador A. Almirante Labor case digest
PETITIONER Ma. Joy Teresa O. Bilbao was a flight attendant of respondent Saudi Arabian Airlines assigned to work at the Manila office. Together with 10 others, she was transferred to Jeddah.
‘Imported’ goods do well in China: trade official
TO penetrate the domestic Chinese market, the keyword is “imported.”
A Chinese business services firm that came to Cebu to discuss with local exporters on now best to penetrate the Chinese market said that for the Chinese, imported goods means good quality.
Savemore opens another branch in Mandaue City
SAVEMORE Market, the neighborhood grocery store brand under the SM Food Retail Group, is planning to open 26 to 40 more branches this year, buoyed by the country’s vibrant consumer sector.
Included in the company’s expansion plans are more outlets in the Visayas and Mindanao areas, where...
I.Protect: Levi’s vs. Europress
Clint Fabiosa & Ana Liza Villamor
Ng: Spared
WHEN the earthquake struck early this week, I started to check in the office that everything and everybody was all right as well as the building. I then climbed the highest point of the building and viewed things around. The city was okay. The shake was not that hard (at least the way I felt it...
Chevrolet opens Mandaue showroom, seeks to boost sales with new models
PHILIPPINE Chevrolet distributor The Covenant Car Company Inc. (TCCCI) said it aims to boost its car sales from 2,800 units in 2011 to 5,000 this year, on the back of the country’s thriving economy and the company’s introduction of new car models within the year.
In an interview yesterday...
Microsoft names local partner for Central Visayas
TO strengthen their presence in the Visayas and improve introduction of their products, a software company has appointed an official partner to help them invest in dedicated sales and technical resources.
Microsoft Philippines introduced MSI-ECS as its official market development partner...
Toral: Turning tides
WHEN news about the impeachment first came out, I wrote a piece expressing my concerns on how the justice system works in our country. It also brought memories of former President Joseph Estrada’s impeachment trial where he was denied the due process he was entitled to, as emotions were used as...
Nokia to developers: choose Symbian
NOKIA Philippines is confident more local developers will create mobile applications for the Symbian operating system (OS).
That after reports from StatCounter Global Stats revealed 46.88 percent of mobile users in the Philippines browsed the Internet on Symbian-powered devices like Nokia...
Reeves: Immigration relief for abused immigrants
DESPITE law enforcement agencies and community organizations making advances in their response to domestic violence, the issue continues to plague the immigrant community.
Tax notes: Assessment based on Relief system
THE Bureau of Internal Revenue (BIR) issued a preliminary assessment notice (PAN) and formal letter of demand with assessment notice (FAN) to a chemical company for deficiency value-added tax (VAT) and income tax due to non-declaration of importation.
This was discovered by the BIR...
P3B set aside for 3 ventures
HOMEGROWN developer Cebu Landmasters Inc. is earmarking P3 billion for capital expenditures starting this year, for the development of three residential projects in Cebu under a joint venture with RDAK Transport Equipment Inc.
Cebu Landmasters Inc. president and chief executive officer...
Chamber prompts Mandaue City: Provide better roads, drainage
MANDAUE City is growing so rapidly that in recent months, a new business or mall was inaugurated every three months, a trend that is likely to continue, a business leader said.
But an increase in business activity and urbanization has also taken their toll on the city, as seen in its...
Reserve requirement cut
THE Monetary Board decided this week to cut the banks’ reserve requirement ratio by three percentage points, from the current 21 percent, starting in April.
This is expected to help banks cope with changes in the Bangko Sentral ng Pilipinas’s (BSP) reserve requirement policy, without...
Rebranded insurance firm targets P60M growth in Cebu market alone
A NON-LIFE insurance company, the Philippine Charter Insurance Corp., has embarked on a rebranding campaign as part of its strategy to capture the growing Chinese market.
Batuhan: Major hurt
A LOT of big things appear to be in store for us in 2012. It is, after all, The Year of the Dragon, and this is always known to be a period of major change.
For starters, the world is supposed to end this year. That is, if the Mayan calendar is to be believed. In fact, major catastrophes...
Almirante: Right to counsel
Dominador Almirante Labor case digest
IN A complaint for illegal dismissal and money claims filed by petitioners against respondent De Guia Enterprises, Inc., the National Labor Relations Commission (NLRC) dismissed the appeal of petitioners for failure to append a certificate of...
Local firm offers LGUs tax system
WITH a dream of making all local government units (LGUs) well-managed, a software development company aided by foreign grants hopes to provide an efficient system to LGUs for free.
Ramses Systems Inc., which is based in Cebu, has been offering its enhanced tax revenue assessment and...
IBM pushes ‘smarter computing’ among clients
AS they focus the year on retail and distribution, IBM Philippines hopes to introduce the concept of “smarter computing” for local clients.
Smarter computing, according to IBM, is an approach to information technology that aids organizations in realizing greater efficiencies, improved...
Cathay to change to new reservation system
CATHAY Pacific Airways will change over to a new passenger reservations system on the weekend of Feb. 11 and 12. The new technology will replace an in-house system introduced in the 1980s. The change will ensure Cathay Pacific can continue to meet passengers’ needs in the future, the company...
Ng: Education and juvenile delinquency
LAST week, I attended Diwa’s Teachers’ Congress. Diwa is a leading publisher of educational materials and the company updated the schools on their new offerings, in particular their computer-aided learning and management system.
