Next step: global integration

Wednesday, July 30, 2014 - 08:52 p.m.

WITH the economic integration in Association of Southeast Asian Nations (Asean) happening next year, member-countries that envisioned a single market and production base are also pressing to integrate with the global community, an expert said.

Drinks restaurant plans to open more branches in Cebu by 2015

Wednesday, July 30, 2014 - 08:51 p.m.

A DRINKS shop announced plans to open three to four branches in Cebu by 2015.

Happy Lemon Philippines recently opened its 26th branch in the country in Ayala Center Cebu. It plans to open another company-owned branch in Cebu IT Park and SM City Cebu.

Firm simplifies purchase of used vehicles online

Wednesday, July 30, 2014 - 08:50 p.m.

WITH a variety of online shops available to the consumer, a company under a German-based incubator is bent on serving the emerging market and has decided to focus on vehicles.

Specialize, HRM students told

Tuesday, July 29, 2014 - 08:44 p.m.

STUDENTS taking up hotel and restaurant management (HRM) are advised to take up specialized trainings to become more employable in the global hospitality industry.

“There is a misconception that if you’re taking HRM course you could already easily land a job in hotels and cruise ships, but in reality, companies now are looking for those who specialize on specific skill sets,” said Alvin Gonzales, sales and manager of Magsaysay Center for Hospitality and Culinary Arts (Mihca).

Reforms needed to boost labor-intensive manufacturing sector, says PIDS study

Tuesday, July 29, 2014 - 08:43 p.m.

THE Philippines should implement reforms to facilitate the expansion of labor-intensive manufacturing that can increase the number of gainful jobs.

This recommendation was made by the study “Labor Policy Analysis For Jobs Expansion and Development” written by Vicente Paqueo, Aniceto Orbeta Jr., Leonardo Lanzona Jr. and Dean Gerard Dulay released by the Philippine Institute for Development Studies (PIDS).

New fuel station to open in Cebu

Tuesday, July 29, 2014 - 08:42 p.m.

A LOCAL company is opening its own fuel station in Cebu City.

Diatoms Fuel will open on Aug. 8 at a 300-square meter property on P. Del Rosario St. The station is run by Power8 Fuel.

Toral: Tool lets you use phone to build e-commerce store

Tuesday, July 29, 2014 - 08:41 p.m.

LAST week, I was in Dagupan City to conduct an e-commerce bootcamp. One of the sessions got us all riled up as Joan Sherbie Acosta and I showed Weebly and Tackthis.

With payment systems already available and within reach, selling online has never been easier wherever you are in the country.

New GM pledges to revitalize Waterfront Cebu City Hotel

Tuesday, July 29, 2014 - 08:39 p.m.

NEW Waterfront Cebu City Hotel and Casino (WCCHC) general manager Philippe Frugère pledged to revitalize the 600-room hotel under his administration.

While the hotel remains one of Cebu’s premier hotels and convention venues, Frugère said his priority is to make the hotel “alive,” especially during this time where the hospitality industry faces tight competition.

Economist: PH economy is stable

Monday, July 28, 2014 - 09:12 p.m.

AMID the rising tensions in Ukraine and the Middle East that have threatened global inflation and sparked hikes in oil prices, the Philippine economy will remain resilient and stable, the chief economist of regional life insurer AIA Group said.

Understand financial statements, small entrepreneurs told

Monday, July 28, 2014 - 09:11 p.m.

THE microfinance industry in the Philippines, recognized as one of the developed industries in Asia, is geared towards uplifting the economic status of the Philippine economic society, a business leader noted.

Regan Rex King, vice president of the Cebu Chamber of Commerce and Industry (CCCI), said the extension of capital assets to micro, small and medium enterprises (MSMEs) reduces the economic vulnerability of the micro-small entrepreneurs and is seen as a means to attain sustainable poverty reduction in the country.

Tax notes: GPPs exempt from presenting certificate of exemption

Monday, July 28, 2014 - 09:11 p.m.

UNDER Revenue Memorandum Circular (RMC) No. 8-2014, dated February 6, 2014, failure on the part of the taxpayer claiming exemption to provide a copy of a valid, current and subsisting tax exemption certificate or Bureau of Internal Revenue (BIR) ruling shall subject him to the payment of appropriate withholding taxes due on the transaction.

Local disaster app goes national

Monday, July 28, 2014 - 09:10 p.m.

WHO would have thought that an idea conceptualized two years ago would now become a national “one-stop shop” emergency app? Vince Loremia of Tudlo made that possible with the launching of Batingaw.

Soriano: Lessons from a 400-year-old family-owned business

Monday, July 28, 2014 - 09:09 p.m.

Enrique Soriano Inside Family Business

TALK about extreme pressure from the front and back! The corporate world today is changing fast. To survive, firms must be competitive, ready for changes, exploiting opportunities presented by globalization, finding finance when crisis hits, and, generally, must be able to adapt to new challenges more rapidly than ever before in corporate history.

Meat processors air beef vs. gov’t policies

Sunday, July 27, 2014 - 08:37 p.m.

DESPITE being a P200-billion industry, the country’s meat processors feel that they do not get the recognition and support they deserve from the government.

Limpag: Cebuano founder shares lessons in building startup

Sunday, July 27, 2014 - 08:36 p.m.

CEBU still lacks three key pieces to foster a strong startup ecosystem: a mentorship program, investors and government support. But when it comes to talent, Cebu has an abundance of people who have the knowledge and passion to build startups, said Tudlo founder and Kallfly co-founder Vince Loremia.

Batuhan: Damned lies and gospel truth

Sunday, July 27, 2014 - 08:35 p.m.

“IF YOU repeat a lie often enough, people will believe it, and you will even come to believe it yourself.” (Joseph Goebbels, Publications Relating to Various Aspects of Communism).

Bohol tour guides get training on Russian

Sunday, July 27, 2014 - 08:34 p.m.

BOHOL tour guides and some tourism officers will receive training on Russian language and culture as part of a joint project between the Department of Tourism (DOT) and the Philippine Russian Business Assembly (PRBA).

The 16-day training on Russian language and culture began on June 30, 2014. Over 15 tour guides and tourism officers from all over Bohol attended the sessions.

Going beyond business

Friday, July 25, 2014 - 07:58 p.m.

RATHER than just promoting the interests and welfare of the business community, officers of the Mandaue Chamber of Commerce and Industry assured that the activities for this year’s Mandaue Business Month take into account all aspects of living in the city.

Veterans’ bank goes after LGU clients

Friday, July 25, 2014 - 07:58 p.m.

ON TOP of lending to corporate clients, the Philippine Veterans Bank (PVB) is tapping the local government units (LGU) to boost their lending business.

“We are strengthening our grip on the LGU market. We want to make this segment a main driver of the bank’s growth,” said Miguel Angelo Villa-Real, PVB vice-president for corporate communications and marketing services, referring to the numerous LGU projects across the country that the bank can help finance.

Couple’s trips lead to 2 kiosks offering waffles

Friday, July 25, 2014 - 07:56 p.m.

CITING the thriving food business in Cebu, entrepreneurs Wayne and Pia Congmon diversified their family business and ventured into Waki Waffles, a business inspired by their love for travel and eating waffles.

“You learn a lot when you travel and it was during those recent trips when the idea of getting into waffle business hit us. As soon as we came back from the trip, we researched about this kind of business,” said Wayne, who also owns Song Hits! KTV in the Banilad Town Center.

Almirante: Reinstatement after suspension of operations

Friday, July 25, 2014 - 07:55 p.m.

Dominador Almirante Labor case digest

LAST Oct. 18, 2000, a fire occurred in the inspection and receiving/repair/packing area of petitioner SKM Art Craft Corp.’s premises in Intramuros, Manila. The fire investigation report stated that the structure and the beach rubber building were destroyed. Also burned were four cargo containers and a trailer truck. The estimated damaged was P22 million.

Play together, gaming sector told

Thursday, July 24, 2014 - 08:12 p.m.

NOW that the Philippine gaming industry is in competition with Vietnam, an industry player urged stakeholders in the Information and Communications Technology sector to strengthen collaboration.

Pepper Lunch plans to open 2 more branches in Cebu by next year: official

Thursday, July 24, 2014 - 08:11 p.m.

PEPPER Up Cebu Inc., the Cebu-franchisee of “fast steak” restaurant concept Pepper Lunch, is opening two more branches in Cebu next year.

This was announced by Chef Jeroen van Straten, managing director of Benmark Group Holdings Inc., the master franchise holder of Pepper Lunch in the Philippines.

Reader’s Digest names Camella ‘trusted brand’

Thursday, July 24, 2014 - 08:11 p.m.

FOR three years running, Reader’s Digest named Camella as one of Asia’s Trusted Brands – and for the third straight year, the company was handed a Gold Award.

Camella has built over 250,000 homes in Mega Manila and 38 other key provinces and 65 cities and municipalities. This, the company said, is testament to their 40 years of perseverance to make true their dream to give Filipinos a home.

I.Protect: Apple trademarks

Thursday, July 24, 2014 - 08:10 p.m.

Clint Fabiosa & Ana Liza Villamor

Apple’s website ( lists its trademarks and service marks. Some of these trademarks may be used in reference to the products that they cover that they may become generic. Thus, the Apple website suggests a generic word for each trademark in order to prevent the said trademark from becoming generic. We may not even realize that these are registered trademarks:

Ng: Tech and the environment

Thursday, July 24, 2014 - 08:08 p.m.

THERE are encouraging signs that use of technology is helping the environment. For one, I reckon most would buy less magazines, even books, and print less now that it is so easy to view documents on the cell phone, the notebook or the tablet, which lessens the use of paper.

Bohol to build ICT industry

Wednesday, July 23, 2014 - 07:41 p.m.

LAGGING behind other provinces in the Information and Communications Technology (ICT) sector, the Bohol Provincial Government hopes to make this industry the third pillar of its economy after tourism and agriculture.

Port congestion ‘harming PH exports’

Wednesday, July 23, 2014 - 07:40 p.m.

THE congestion and shipment delays at the Manila ports are making Philippine exports highly uncompetitive as most ports do not have to contend with a similar cause: a truck ban policy, according to two prominent leaders of the business community.

Developer breaks ground on Tower Two of project

Wednesday, July 23, 2014 - 07:39 p.m.

HOMEGROWN real estate developer Contempo Property Holdings Inc. broke ground yesterday on Tower Two of its flagship project Bamboo Bay Community.

Contempo president and chief executive officer Beverly Dayanan said the 12-storey tower will have 230 units, of which 80 percent are studio units of 22 square meters.

PLDT boosts Bohol connectivity with fiber optic network

Tuesday, July 22, 2014 - 09:42 p.m.

TAGBILARAN City-Aside from its flourishing tourism industry, Bohol's economy is expected to benefit from an emerging business process management sector after Tagbilaran City was identified as a next wave city in 2012. Aiding in that cause is the launch of a P700 million fiber optic network that connects the province to main links in Cebu and Cagayan de Oro.

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Sun.Star Cebu front page for July 31, 2014

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