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.
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.
“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 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.
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.
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.
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.
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.
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 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.
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.
Clint Fabiosa & Ana Liza Villamor
Apple’s website (www.apple.com) 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:
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.
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.
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.
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.
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.
ALTHOUGH franchising has paved the way for the growth of many businesses, a local entrepreneur has chosen to expand his food business to 1,000 stores under a 10-year period through a different expansion approach.
Homegrown brand Balamban Liempo, through its chief executive officer and founder Jojo Vergara, announced it will enter into more joint ventures as it seeks to grow the business year by year.
PILIPINAS Shell Petroleum Corp. (Pilipinas Shell) announced over the weekend its partnership with Television Culture Shock Productions to produce the second season of TEN, a travel program that features "breathtaking sights and thrilling activities" that are yet to be discovered by many Filipinos.
Stephanie Cua, marketing manager for Retail at Pilipinas Shell, told reporters TEN plans to air 10 exciting feature drives across the country to give viewers a look at how vehicle performance is enhanced when fueled by the Shell V-Power Nitro+ fuels.
THE Bureau of Customs (BOC) denied reports that the salaries of all the new collectors and officials hired under the Office of the Revenue Agency Modernization (Oram) were cut off after the Supreme Court declared parts of the Disbursement Acceleration Program (DAP) as unconstitutional.
Charo Logarta Lagamon, chief of the BOC's Public Information and Assistance Division, said they are regularly receiving their salaries.
THE Department of Trade and Industry (DTI) 7 said it is intensifying the Small and Medium Enterprises (SME) Roving Academy to help the sector prepare for next year’s Association of Southeast Asian Nations (Asean) integration.
ANOTHER 1,316 condominium units will be added to Cebu’s portfolio of residential properties by homegrown developer AppleOne Properties, Inc.
Yvet V. Andalis, the company’s executive vice president, said 75 percent of the units in AppleOne Banawa Heights have already been sold.
THE Court of Tax Appeals (CTA) ruled in East Asia Utilities v. Commissioner of Internal Revenue, CTA Case No. 8179, dated May 14, 2014, that the enumerated list of direct costs under Revenue Regulations (RR) No. 11-2005 is not an exclusive or closed list of expenses that may be deducted by Peza-registered companies for the purpose of computing the five percent gross income tax (GIT). The list merely enumerates the nature of expenses that can be considered as direct cost.
Enrique Soriano Inside family business
“In peace prepare for war, in war prepare for peace. The Art of War is of Vital Importance to the State (512 BC)”
THE Ayala Group of Companies was recently commended for being an economic driver to Cebu’s growth and development with the “Tribute of Highest Distinction” award given during the Tourism and Investors Night of the Cebu Business Month last June 20.
SUN.STAR Cebu showcased last Friday the winners of its Best of Cebu 2013 search.
The event was held at the Oakridge Pavilion on A.S Fortuna St., Mandaue City and was described by guests as one of the “best” nights in Cebu as it put together the best in the city.
THE scene was one of almost total devastation.
The morning after it happened, I walked around the area to survey the damage that had been done. On the main thoroughfare, trees lay on their side, as if passed through by a giant lawn mower. Large, majestic hardwood trees that had withstood the test of time had now finally met their match, as they lay there dying, motionless in defeat. This was a scene like no other I had witnessed before.
WITH consumer welfare being among the things they are responsible for, Department of Trade and Industry (DTI)-Cebu Director Nelia Navarro felt that the comfort of clients transacting at her office should also be a priority.
For several years, their clients had to climb the stairs to reach the third floor of their office to go to some divisions and return to the first floor if they needed to complete other transactions with other divisions.
JAPANESE vehicle manufacturer Suzuki Philippines Inc. said it is looking to sell 6,000 vehicles this year, with Cebu accounting for a significant share of the target.
This is according to Auto Centrale Group president Brian L. Chua during the opening of the 2,000-square meter Suzuki Auto North Cebu on A.S. Fortuna St. in Mandaue City on Friday.
DESPITE Cebu’s economy being the second most developed in the country, majority of its population are still not using even 3G in mobile communications.
Officials of Globe Telecom said 95 percent of Cebu’s population still use the 2G network, mostly because smartphones and its services are still considered expensive.