IN less than a month, Apple One Properties Inc. was able to record P100 million in sales for its newest project in Banawa, most of it in the three 12-storey condominium project.
IF YOU follow me on Twitter or Facebook, you will notice that my status updates or tweets can be a little bit weird. It’s mostly a mix of observations, quotes that I read, or sometimes statistics that I am able to gather. It’s actually not for any readership but for myself. I am still hoping that I want to continue to be actively writing and I want to collect tidbits of wisdom or information that I can use in the future.
Clint Fabiosa & Ana Liza Villamor
THERE are those who sell shirts that make fun of famous brands by copying their font, style, and overall look but the words and logo are replaced with something hilarious.
GT COSMETICS Manufacturing, the Cebu-based pioneering brand in the beauty industry, has achieved another milestone in its young existence with the launching during the festival month of January of its new product: the GT Carrot Lotion.
The Sinulog Festival, Dinagyang, and Ati-Atihan are perfect occasions to marvel at GT Carrot Lotion’s effectiveness as a sunblock and a moisturizer.
CEBU’S pride GT Cosmetics Manufacturing has made several breakthroughs in 2012.
Earlier in May of 2012, GT Cosmetics opened a P13-million manufacturing plant in Bulacan to be able to cater to the increasing demand of its proudly-Philippine-made beauty products both locally and internationally.
CEBU City moved up one rank in the list of established outsourcing destinations worldwide, according to a study by investment advisory firm Tholons.
THE Mandaue City Treasurers Office reported an increase in new businesses in 2012, an indication of a thriving local economy, an official said.
Mandaue City Treasurer Regal Oliva said 1,827 new businesses were registered as of December, higher than the 958 new businesses recorded in 2011.
A BUSINESSMAN has opened a restaurant in Lahug that will serve native cuisine prepared on smokeless charcoal grill.
Manggahan Restobar in Barangay Apas. Cebu City was conceptualized by businessman Jim Anthony Uy.
EMPERADOR Distillers Inc., a wholly-owned subsidiary of Alliance Global Group Inc., has entered into an agreement with González Byass S.A., one the largest and oldest liquor and wine conglomerates in Spain, for the acquisition of its subsidiary Bodega San Bruno S.A., a brandy company based in Jerez, Spain.
AFTER smartphones and tablets have taken over the computing world, a company that produces microprocessors believes the next big thing in mobile devices will catch on in 2013–the convertible.
TRADERS at the Sinulog Fiesta Otop (One Town, One Product) Fair in SM City Cebu are reporting brisk sales this year.
R&C Donato Sculpturing Shop (RCDSS), a manufacturer and supplier of religious items in Visayas and Mindanao that is owned by the Donato family of Talisay City, has been trading in the Otop fair for three years now.
MEGAWORLD has announced that it has sold 95 percent of One Pacific Residence condominium in Mactan, Cebu. This success has called for the upcoming launch of the development’s new cluster on the first quarter of this year, the company said in a press statement.
TOURISM stakeholders welcome the extension given by Department of Foreign Affairs (DFA) in allowing travel agencies to process passports until June.
The DFA initially set Dec. 31, 2012 as the last day for travel agencies to provide passport services.
A RECENTLY opened Japanese restaurant is banking on networking and word of mouth to expand its clientele.
Entrepreneurs Anna Marizza Ng, 28; Dianne Kristine Chan Lim, 27; and Kane D. Chan Lim, 25, opened The Yaki House Yakiniku in Banilad, Cebu City on Dec. 12 as a “chill out” destination where food aficionados can try Japanese cuisine at affordable rates.
THE Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 2-2013 to clarify certain provisions of Revenue Regulations (RR) No. 12-2012 on the deductibility of depreciation expense as it relates to the purchase of vehicles and other expenses related thereto.
RR 12-2012 imposes a limit on the deductibility of depreciation allowance, maintenance expenses, and input VAT on motor vehicles, as follows:
OUT of all parts of a car, non-experts tend to neglect tires the most. Selling tires, therefore, is one big challenge, says Goodyear Tire and Rubber Co.’s newly appointed managing director for the Philippines and distributor markets Ron Castro.
THREE government agencies are set to work closely in the promotion of Bohol as an agriculture-tourism destination, Department of Tourism (DOT) 7 Director Rowena Montecillo said.
Bohol, specifically the Abatan River, is among the four pilot areas chosen to be promoted as one of the country’s agri-tourism destinations, Montecillo said. Other identified pilot areas are Camarines Sur, Davao and Palawan.
GLOBE Telecom has partnered with the Mozilla Philippines Community (MozillaPH) for the Manila leg of Firefox OS App Days, a worldwide set of over 20 hack days to be hosted by 24 cities from Jan. 19 through Feb. 2. Philippines and Indonesia are the only Southeast Asian countries included in the list.
MANILA -International credit ratings firm Standard & Poor’s (S&P) improved the ratings outlook of telecoms leader PLDT to positive from stable, following a similar action on the sovereign credit rating outlook of the country.
THE Cebu Chamber of Commerce and Industry (CCCI) is requesting the Philippine Economic Zone Authority (Peza) to keep a five percent incentive given to developers of economic zones in Metro Cebu, saying now’s not the time to stop it.
THIS year’s Balik Cebu program promises exciting activities for Cebuano returnees, an official said.
WE STARTED this series by observing that a large number of organizations these days are riding on the “global” bandwagon. More than in the past, when the concept meant simply “thinking global and acting local,” these organizations are tending to build structures with very long lines of management, with command and control and execution capabilities located all the way from their head offices – really thinking global, and acting even more global.
Dominador Almirante Labor case digest
PETITIONER Charlie Jao alleged that respondents BCC Product Sales, Inc. (BCC) and Terrance Ty employed him as a comptroller. On Oct. 19, 1995, the security guards of BCC barred him from entering its premises.
WHILE retailers are starting to feel the pinch of “sin taxes”, liquor shops in the city are still positive the law will not create a significant impact on their businesses.
Although they are left with no choice but to cope with higher prices, among notoriously price-sensitive Cebuanos, Prince Ernest Revilla, co-owner of Labeled Liquor Store and Bar on Escario St. in Cebu City, is optimistic the effect is temporary and that they will maintain their target market and revenue.
A MAKER of beauty and skin care products is expanding its export business to include Europe, where there is a large base of overseas Filipino workers (OFWs).
According to Lerma Sta. Cruz- Mendoza, marketing manager of Intelligent Skin Care Inc., (ISCI), the move to expand its reach abroad is to continue to address the beauty and skin care needs of the OFWs.
THE recent joint venture of the SM Investments Corp. (SMIC) and the Waltermart Group signifies the Sy family’s optimistic outlook on the country’s vibrant retail industry, a top official said.
WITH the approval of the amendments of its bylaws and articles for cooperatives last year by the Banko Sentral ng Pilipinas (BSP) and Cooperative Development Authority (CDA), the National Teachers and Employees Cooperative Bank (NTECB) will be introducing preferred shares to clients this year.
A FEW weeks back, I tweeted how a Twitter post got a PBA player suspended and given a record fine. Somebody in basketball did it again. This time, it’s colorful personality and Dallas Mavericks owner Mark Cuban. Last Saturday, Dallas lost, and Cuban tweeted “@Mcuban. Im sorry NBA fans. Ive tried for 13 yrs to fix the officiating in this league and I have failed miserably. Any Suggestions ? I need help”
Clint Fabiosa & Ana Liza Villamor
A COMMON experience by some business owners in the Philippines is the realization that the innovative concept or idea they introduced should have been protected when others start to copy and use their innovative concept or idea.
LIFE’S challenges may have discouraged a lot of people from trying again but this was not the case for Beatriz Amanda Borja, a 26-year-old entrepreneur.