More funds for PH startups

Tuesday, August 26, 2014 - 07:59 p.m.

MORE funds will pour in for Philippine startups this year as one investor group from Silicon Valley has announced that it will be investing in five to 10 startups from the Philippines each year.

Entrepreneurship ‘part of Filipino culture’

Tuesday, August 26, 2014 - 07:58 p.m.

THE lack of an entrepreneurial culture is often cited as a challenge for growing startups in the Philippines. For the founder of online boutique, the country’s history will say otherwise.

Toral: Women in tech

Tuesday, August 26, 2014 - 07:57 p.m.

LAST week, the 2nd Geeks on a Beach (GOAB) happened in Cebu with more than 200 participants coming from different areas of the country and the world. Hats off to the TechTalks team, especially to Tina Amper, for a job well done.

Globe Telecom reports new record in customer base

Tuesday, August 26, 2014 - 07:56 p.m.

GLOBE Telecom’s customer base reached a new record high, totaling close to 45 million at the end of the first half, a 19 percent jump from 37.9 million a year earlier. The company credited the jump to a substantial subscriber uptake in its mobile and broadband businesses.

Smart boosts data roaming

Tuesday, August 26, 2014 - 07:55 p.m.

AMID the growing number of Filipinos who rely on mobile Internet, Smart Communications, Inc. (Smart) has expanded its data offers to provide subscribers with seamless connectivity even when out of the country.

Fix facilities to boost medical tourism: Belo

Monday, August 25, 2014 - 07:15 p.m.

TO BOOST the country’s footing in the medical tourism industry and stay competitive among Asean peers, a top medical professional said the government should fasttrack the development of better airport facilities and other tourism support infrastructure as well as maintain the country’s peace and order.

Dr. Victoria Belo, medical director of the Belo Medical Group, said the Philippines has the “best qualified medical professionals” who can perform various procedures.

Bigby’s Cafe reopens in new location in Ayala

Monday, August 25, 2014 - 07:14 p.m.

THE continued influx of tourists in Cebu encouraged Cagayan-based entrepreneur Henrik Yu and his partners to expand their food business here despite the tough competition.

Yu, who is a part-owner and in-charge of marketing operations of Bigby’s Café and Restaurant, said they are currently exploring two new areas for Bigby’s expansion in Cebu, one located in the South Road Properties which they eye to set up this year and the other one in Cebu I.T Park in 2015.

GT Cosmetics breaks ground on new plant

Monday, August 25, 2014 - 07:14 p.m.

HOMEGROWN beauty care product maker GT Cosmetics Manufacturing is working to increase its soap production by 300 percent in preparation for a projected increase in demand from Southeast Asian nations with the full regional integration happening in 2015.

The company recently broke ground on its third manufacturing plant in a 3,320-square meter property in Barangay Tayud, Liloan.

Inside Family Business: Visionaries as supermen: A look into Chinese family businesses

Monday, August 25, 2014 - 07:13 p.m.

“Families do not plan for it. Then ill health or death of the founder threatens the continued existence of the business. Then disputes between family members escalate ultimately leading to the death of the business.”

Why do most family businesses fail?

Capitol-FLI joint venture gets Peza certification

Sunday, August 24, 2014 - 10:04 p.m.

THE joint venture project between the Province of Cebu and a private developer operated by the Gotianun family of Cebu in Barangay Apas has been certified as an “Information Technology Center” by the Philippine Economic Zone Authority (Peza).

The Peza board of directors approved a resolution during its meeting last Aug. 9 to grant the 1.23-hectare project named “Filinvest Cebu Cyberzone” the status of an IT center, providing incentives to firms registered with Peza that would locate there.

Companies see bitcoin’s potential in PH

Sunday, August 24, 2014 - 09:49 p.m.

THOUGH its uses are more popular in the United States and developed countries, many are seeing a high potential for bitcoins to be exchanged in emerging markets.

Bitcoin is described as an “innovative payment network and a new kind of money,” according to It uses peer-to-peer technology to operate, with no central authority or banks. Managing transactions and the issuing of bitcoins is carried out by a network. It is also open-source and its design is public, which means nobody owns or controls it.

Magpale to expand search for ‘Winners’

Sunday, August 24, 2014 - 09:42 p.m.

(Continued from Saturday’s issue)

WOMAN entrepreneur Maritess Tilacas worked her way up to become an entrepreneur. At the age of 13, she started carrying sacks of stone to sell to a stone craft factory at 45 centavos per kilo to help provide income for the family. She opted to work instead of going to college.

Limpag: Mobile app majority

Sunday, August 24, 2014 - 09:39 p.m.

THIS year in the United States, majority of all digital media time is spent on mobile apps, Internet analytics company comScore said in its latest release, “The US Mobile App Report.”

The app majority milestone comes a year after comScore reported a “multi-platform majority,” when most American consumers started using both desktop and mobile devices.

‘Work with competitors’

Friday, August 22, 2014 - 09:58 p.m.

“COOPETITION” is what business communities and government need, as part of the preparations for the full integration of the Association of Southeast Asian Nations (Asean) economies in 2015, an economist said.

Support sought for competition bill

Friday, August 22, 2014 - 09:56 p.m.

TWO prominent economists urged business players in the Visayas to support the passage of a competition bill, which remains pending in the 16th Congress.

Of the 10 member-countries of the Association of Southeast Asian Nations (Asean), the Philippines still lacks specific competition legislation, just like Brunei Darussalam, Cambodia, Laos and Myanmar.

Batuhan: Management by remote control

Friday, August 22, 2014 - 09:55 p.m.

INDEED, when will the US ever learn?

Hardly had the ink dried on the piece we wrote last week about the subject, than news of ISIS militants killing American journalist James Foley came out. In the irony of ironies, Foley was supposedly executed—Jihadi style—by a British-born militant; a person born to a country with the closest of ties to the US.

Almirante: Quitcliam

Friday, August 22, 2014 - 09:53 p.m.

RESPONDENTS Ignacio B. Tagyamon, Pablito L. Luna, Fe B. Badayos, and Cynthia L. Comandao were supervisors of petitioner Philippine Carpet Manufacturing Corp. (PCMC).

Search spotlights women who defied odds, found success

Friday, August 22, 2014 - 09:52 p.m.

MORE Filipinas continue to head for foreign countries to work, but some who remain confident in the country’s economy choose to stay, becoming entrepreneurs instead.

Almirante: Quitcliam

Friday, August 22, 2014 - 09:45 p.m.

Dominador Almirante Labor case digest

RESPONDENTS Ignacio B. Tagyamon, Pablito L. Luna, Fe B. Badayos, and Cynthia L. Comandao were supervisors of petitioner Philippine Carpet Manufacturing Corp. (PCMC).

Southeast Asia ‘ripe for startups’

Thursday, August 21, 2014 - 09:59 p.m.

THE high Internet and mobile penetration in Southeast Asia is something startups can look forward to, especially with the region getting ready to integrate its economy.

At the second Geeks on A Beach conference yesterday, industry insiders believe Southeast Asia is the right place to be and the ecosystems are ripe for startups.

‘It’s more fun in the Philippines for startups’

Thursday, August 21, 2014 - 09:58 p.m.

IT’S MORE fun in the Philippines this and in the coming years not only for tourists but also for startups.

That was how IdeaSpace Foundation Inc. founder Earl Valencia branded the present startup ecosystem in the Philippines in a talk before more than 300 participants of the Geeks on a Beach 2.

Singapore-based company opens The Social in Ayala

Thursday, August 21, 2014 - 09:57 p.m.

SINGAPORE-based Tadcaster Hospitality recently opened its first business venture in the Philippines in Cebu called The Social located at the new wing of Ayala Center Cebu.

Tadcaster Hospitality chief executive officer John Hatherly said the expansion to Cebu is buoyed by the city’s upbeat sophisticated night life and dining market.

Globe: Robust network boosts subscription to bulk data plans

Thursday, August 21, 2014 - 09:55 p.m.

THE growing pervasiveness of the Globe Telecom’s 3G and 4G coverage as well as proliferation of competitively-priced smartphones led to over 90 percent of the company’s mobile data customers to subscribe to bulk data plans.

Tax notes: Similar trademarks

Thursday, August 21, 2014 - 09:54 p.m.

ONE aspect in determining whether trademarks are confusingly-similar is their similarity in appearance. Trademarks may be confusingly-similar in spite of the deletion, substitution, or addition of letters or words. In the US, the following trademarks were held to be confusingly-similar: NEWPORT for outer shirts and NEWPORTS for ladies’ shoes; COMMCASH and COMMUNICASH, both for banks; TURCOOL for cutting oil and TRUCOOL for synthetic coolant; LUTEX for non-resinous chemicals and LUTEXAL for resinous chemicals, both used in the textile industry.

Mobile service simplifies salary loans, savings

Thursday, August 21, 2014 - 09:54 p.m.

HAVING served in the public sector for many years and all too familiar with the workings of government institutions, Ma. Venus B. Casas of the Mactan Cebu International Airport Authority (MCIAA) finds it hard to imagine how a paperless and electronic salary loan system works.

Ng: Social media and causes

Thursday, August 21, 2014 - 09:52 p.m.

YOU might have noticed in social media networks the past few days the posting of videos of people dumping ice water on themselves. If you look into it, you’d understand why. This is probably one of the most effective viral campaign I have seen and it is generating not only a lot of money but also a lot of publicity for a disease that is known as ALS or amyotrophic lateral sclerosis.

Docu film festival to hold film market, broadcast expo

Thursday, August 21, 2014 - 09:51 p.m.

ORGANIZERS of the Cebu International Documentary Film Festival (CIDFF) is introducing a new event this year to boost the local film industry. Called the Cebu Film Market and Broadcast Expo (CFMBx) 2014, the event will be held on Aug. 25 and 26 at the Aegean, Adriatic and Caspian Rooms of the Waterfront Cebu City Hotel & Casino.

Going green ‘good for business’

Wednesday, August 20, 2014 - 09:49 p.m.

ADOPTING green growth as a strategy can make Filipino businesses competitive, especially during economically challenging times, according to speakers at yesterday’s Green Innovation for Competitiveness Forum.

Volker Steigerwald, GIZ project manager of the Promotion of Green Economic Development (ProGED), said it is time for Filipino enterprises to adopt good environmental practices for them to capture a good slice of the growing green economy.

New CEB routes ‘fuel tourism development’

Wednesday, August 20, 2014 - 09:46 p.m.

CEBU is becoming a top gateway to smaller island destinations in the country, officials of Cebu Pacific (CEB) noted, with 29 of its routes flying out of its Cebu hub.

Design school announces new courses

Wednesday, August 20, 2014 - 09:39 p.m.

A “FRAGMENTED” creative industry encouraged a designer to put up a creative and design school in Cebu City.

Genesis Raña of creative agency Empire teamed up with more than 30 industry practitioners to run the University of Visayas New School of Art and Design (UVNS), a joint venture between Raña and the Gullas family.

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