WITH the decline in tourism in northern Cebu due to the devastation brought by super typhoon Yolanda, the Cebu Provincial Tourism Office recommends southern Cebu as alternative for tourists.
CEBU CITY needs to make new investments in “climate-smart” infrastructure and technology for its long-term development, as the new study conducted by the World Wide Fund (WWF) for Nature indicates the city faces worsening weather disturbances.
In her presentation during the National Competitiveness Council Roadshow last Wednesday, lawyer Angela Consuelo Ibay, head of Climate and Energy Program of WWF, said Cebu will have to deal with increasingly erratic weather patterns, based on the “Business Risk Assessment and the Management of Climate Change Impacts” report released last year.
THE Cebu Chamber of Commerce and Industry (CCCI) set aside P1 million for livelihood and rehabilitation support of calamity-stricken areas in Bohol and northern Cebu.
CCCI president Lito Maderazo said on Tuesday that after the massive relief operations wrapped up, the chamber is now embarking on rehabilitation and rebuilding initiatives particularly for livelihood and commerce.
TO FURTHER aid banks in calamity-hit areas and their clients, the Bangko Sentral ng Pilipinas (BSP) announced yesterday the extension of a special regulatory relief package, in addition to earlier measures granted to them.
Bunny Pages Business Is A Team Sport
FROM the time we started running Thirsty Juices and Shakes and until a few months ago, my mobile phone number was printed on each cup that was served to our customers. When people were not satisfied with our products or service they sent messages directly to my phone. When they complimented us, I also got it on my phone.
AS PART of its goal of bringing in more international flights to Cebu, low-cost carrier AirAsia Zest recently launched its first flight from Cebu to Kuala Lumpur, Malaysia.
THE National Economic Development Authority (Neda) 7 on Monday said the Central Visayas economy is likely to grow between 7.5 to 10 percent this year amid the recent calamities.
“We are targeting 7.5 percent to 10 percent growth of gross regional domestic product for 2013,” Neda 7 assistant director Efren Carreon told reporters in a briefing.
GLOBE Telecom’s postpaid business remains one of its strongest growth drivers, consistently posting double-digit growth in revenues and subscriber base as of third quarter this year on the back of innovative postpaid offers and deals, the company said in a press statement.
I JUST finished my E-Commerce Creators Boot Camp in Boracay Island. It is my 4th Boracay trip this year. I can’t help but notice the big drop in visitors. When I talked to some of the locals, they gave varying observations. These include guest booking cancellations, unsure if the area is already okay, to Filipinos canceling vacation plans and giving their travel budget to charity to help areas hit by the earthquake or ravaged by super typhoon Yolanda.
THE Cebu Chamber of Commerce and Industry is extending the deadline of submission of applications for the Search for The Outstanding Business Young Leaders of Cebu (TOBYL) until Dec. 31.
The event, which was earlier set on Nov. 15, was postponed to give way to a benefit concert for the victims of typhoon Yolanda in Northern Cebu.
SHAREHOLDERS of Security Bank Corp. approved the creation of one billion preferred shares with par value of P0.10. The preferred shares will be voting, non-cumulative, non-participating and non-convertible. The creation of the preferred shares will require increasing the authorized capital from P10 billion to P10.1 billion to accommodate P100 million worth of preferred shares.
UCPB, one of the country’s leaders in electronic banking innovations, recently rolled out its Mobile Phone Banking promo, which offers customers a chance to win the newest and hottest mobile gadgets by performing various banking transactions using the UCPB Mobile Banking App.
THE Department of Trade and Industry (DTI) brought its Diskwento Caravan to Daanbantayan over the weekend to give residents
CATHAY Pacific launched a series of relief efforts to benefit the victims of supertyphoon Yolanda, which includes a company-wide campaign and additional initiatives for its Yolanda-stricken staff and their immediate families.
NEW YORK – Accenture has announced more than $2million in cash and pro-bono contributions to support disaster relief and reconstruction efforts in the Philippines, following Typhoon Haiyan.
“On behalf of our people in the region and around the world, we are deeply saddened by the devastation caused by Typhoon Haiyan,” said Accenture chairman and CEO Pierre Nanterme. “Our thoughts remain with our colleagues, their families and the people of the Philippines, as we commit to supporting the rebuilding process.”
ELECTRONIC Bureau of Internal Revenue Forms (eBIRForms) is developed primarily to provide taxpayers with accessible and convenient service through easy preparation.
SUNDANCE Residences, the residential condominium targeted for startup families in Banawa, already sold 65 percent of Tower 1, which has over 200 units, officials said on Friday.
Sharon Ong, vice president for marketing and sales of Worldwide Central Properties Inc. (WCPI), said the strong sales is supported by the firm’s aggressive efforts in marketing the condo building as “child-friendly.”
A CEBUANO exporter won this year’s prestigious Agora awards. Pete Delantar, president of Nature’s Legacy Exemport Inc., a global manufacturer of home furnishings and garden accessories based in Compostela, Cebu, was given an Agora award for “outstanding achievement in export marketing.”
Past awardees of Agora’s Export Marketing award were Ben Chan, Kenneth Cobonpue, Benson Dakay and 21 others.
RESORT owners in Bohol complain that the constant power outages in the province are “massively” cutting down the number of tourists visiting the area.
FOLLOWING its announcement of building a 150-megawatt (MW) coal-fired power plant in Cadiz City next year, North Negros Energy Power Corp. (NNEPC) announced it is open for partnerships.
Asia Pacific Energy Resources Inc. (Apervi) president Ceasar Lao-as said a number of potential foreign investors have already expressed interest in investing on the coal-fired power plant, which is expandable up to 300 MW.
CEBU will be part of another international event this month when the Philippines joins the world for the first time in celebrating the Global Entrepreneurship Week (GEW).
While the main GEW Philippines celebration was held at the Mall of Asia in Pasay City, Cebu will host an entrepreneurial-related event dubbed “Cebu Startup Day” on Dec. 7 at the University of the Philippines, Audio Visual Room 2 in Lahug, Cebu City.
WHILE only a small percentage of Filipinos has availed of insurance due to high premium payments, the take-up is expected to increase as financial institutions and insurance providers offer micro-insurance.
In a seminar organized by the Department of Finance- National Credit Council and the Insurance Commission (IC) in Cebu last Wednesday, IC Deputy Commissioner Ferdinand George Florendo said millions of poor Filipinos will be encouraged to avail themselves of micro-insurance.
THIS week, America celebrates what is now perhaps its most important holiday, Thanksgiving. But what is this holiday, and what is it about?
ENCOURAGED by Cebu’s thriving economy, StarMobile will open today its Visayas flagship store in the Ayala Center Cebu.
THE petitioner manning agency, Magsaysay Maritime Corp., in behalf of its foreign principal, co-petitioner Westfal-Larsen and Co., A/S, hired respondent Wilson G. Capoy as fitter on board the vessel M/S Star Geiranger.
ASIDE from opening up access to trade, becoming part of international trade agreements forces the Philippines to enforce reforms that ease the way business is being done, an economist noted.
TOURISM and travel experts say the international publicity the Philippines is gaining will strengthen its tourism industry in the near future.
WHEN I was in high school, I always envied other countries primarily because of their libraries. It was where you could read magazines and good books as well as reference materials like the encyclopedia. In the last few years, however, I was no longer so envious. Most of what we want is already available on the internet.
Clint Fabiosa & Ana Liza Villamor
THE Home Development Mutual Fund (HDMF or Pag-ibig) has already released P380.2 million worth of calamity loans to members affected by the recent earthquake.
Initial figures released by Pag-ibig showed that as ofWednesday, some 38,741 loan applications have been approved by the state-run agency.