Hopes built on construction

Saturday, January 31, 2015 - 12:13 a.m.

THE construction industry and real estate activities will continue to pose high, if not the highest, growth in the country’s economy this year, an economist said, following the announcement of a 6.9 percent increase in the gross domestic product (GDP) in the fourth quarter of 2014.

Batuhan: Prove it

Saturday, January 31, 2015 - 12:07 a.m.

WHAT a difference one week makes.

Just the week before last, we had what I would describe as the most serenely peaceful time our country has ever had in a long while. Pope Francis’s visit had the effect of uniting everyone in prayer, and giving all of us hope that good will among our countrymen could still exist—good will that would give way to lasting peace.

Almirante: Not work-related designation

Saturday, January 31, 2015 - 12:06 a.m.

IN 2004, petitioner Philippine Spring Water Resources, Inc. (PSWRI) hired respondent Juvenstein B. Mahilum as vice president for sales and marketing for the Bulacan-South Luzon Area. He was designated as overall chairman for the inauguration of PSWRI’s Bulacan plant, which would be celebrated at the same time as the company’s Christmas party on Dec. 19, 2004.

Tindahang Pinoy store relocated to Liloan

Thursday, January 29, 2015 - 08:30 p.m.

A ONE-STOP shop for export-quality souvenir items and native products, relocated to the town of Liloan yesterday and is ready to attract domestic and foreign tourists.

Apple’s awesome quarter

Thursday, January 29, 2015 - 08:27 p.m.

TODAY, I’m talking about Apple, which just had an awesome quarter. The other day, they announced that they raked in $18.04 billion in profits for the most recent quarter. Wow! That’s the biggest profit any company (public or private) has ever made, so it’s a world record. What does it mean?

Their profit is higher than the total exports of the Philippines during that period. If you divide the day into 24 hours for the last three months, that means they were making a profit of $8.3 million every hour!

Exporters encouraged to do business with UN

Thursday, January 29, 2015 - 08:24 p.m.

FILIPINO exporters are encouraged to introduce their products and services to United Nations (UN) organization.

Dionisio Abalos, procurement officer at the UN Secretariat Procurement Division, said the UN is a potentially a huge market for products such as food, pharmaceutical supplies, vehicles, computers and software, shelter and housing, telecommunications equipment, laboratory equipment, laboratory equipment, chemicals and building materials.

I.Protect: Legal equivalents

Thursday, January 29, 2015 - 08:23 p.m.

Clint Fabiosa & Ana Liza Villamor

2nd batch on for tourism grant

Wednesday, January 28, 2015 - 09:09 p.m.

THE Department of Tourism (DOT) 7 is hoping more Cebu-based tourism establishments and associations will qualify for the second batch of grantees of the Asian Development Bank’s (ADB) Improving Competitiveness in Tourism project, which is funded by the Canadian government.

“We have expanded the invitation and we are hoping for an increased number of applications, as well as number of establishments and associations that will qualify for the second batch,” said DOT 7 Director Rowena Montecillo.

Airport working to increase guests

Wednesday, January 28, 2015 - 09:05 p.m.

ASIDE from making physical improvements to the Mactan-Cebu International Airport, the GMR-Megawide Cebu Airport Corp. (GMCAC) is also making efforts to increase airport traffic.

GMCAC chief executive adviser Andrew Acquaah-Harrison revealed that they are working on getting two international carriers to offer special packages for overseas Filipino workers to entice them to fly out of Cebu instead of Manila. He said the special packages include lower fares and extra kilos on their baggage allocations.

HLURB tells LGUs: identify resettlement sites

Wednesday, January 28, 2015 - 09:01 p.m.

THE HOUSING and Land Use Regulatory Board (HLURB) is reminding local government units (LGUs) to identify permanent resettlement sites in their respective territories even before the agency goes around to extend its assistance in the revision of Comprehensive Land Use Plan (CLUP) this year.

HLURB 7 and 8 Director Alixes Roy T. Lopez said in an interview yesterday that they are targeting to assist 25 LGUs in Central and Eastern Visayas, particularly those that were affected by typhoon Yolanda, in the revision of their CLUP documents this year.

Airport work delayed by snag

Tuesday, January 27, 2015 - 09:18 p.m.

ALTHOUGH work on Terminal 2 of the Mactan-Cebu International Airport has yet to start, the GMR-Megawide Cebu Airport Corp. (GMCAC) hopes to offer compromises that would enable them to begin work in areas that have not yet been vacated by the Philippine Air Force.

PSE soars to new record

Tuesday, January 27, 2015 - 09:16 p.m.

THE Philippine Stock Exchange index (PSEi) broke past the 7,600 mark yesterday, setting a new record close for the stock market’s barometer. The PSEi closed at a new record high at 7,630.57, advancing 43.90 points or 0.6 percent. Just on Monday, the index climbed to its fourth record-high close for the year at 7,586.67.

“Investor interest continues to be fuelled by expectations of good 2014 economic data and revenue growth. We are also pleased to note that fund managers remain upbeat about the market’s prospects,” said PSE President and CEO Hans B. Sicat.

Sinulog trade fair logs higher sales

Tuesday, January 27, 2015 - 08:41 p.m.

DESPITE fears of lower sales in this year’s Sinulog due to the papal visit in Manila, the Department of Trade and Industry said it registered P5.6 million in total sales during this year’s Sinulog Trade Fair in SM City Cebu, higher than last year’s P4.6 million.

The trade fair, which started on Jan. 8 and ended on Jan. 21, was joined by 47 exhibitors with 56 booths. Most of them were local enterprises while others came from neighboring provinces and some were from Luzon, and Mindanao.

Cebu logged higher guest arrivals during Sinulog week: DOT

Tuesday, January 27, 2015 - 08:39 p.m.

THE week-long Sinulog celebration this year drew more arrivals despite a typhoon and the cancelled flights during Pope Francis’ visit.

Hotels in Cebu City recorded 108,373 arrivals during the Sinulog weekend, an indication that the Sinulog festivity was not affected by Typhoon Amang and the pope’s arrival in the country, according to Department of Tourism (DOT) 7 Director Rowena Montecillo.

Tsuneishi launches ‘eco-ship’

Monday, January 26, 2015 - 09:39 p.m.

SHIPBUILDING firm Tsuneishi Heavy Industries (Cebu), Inc. (THICI) recently launched its first “eco-ship,” a vessel that is equipped with energy-saving technologies.

2016 elections ‘could slow down’ investments in the Philippines: banker

Monday, January 26, 2015 - 09:36 p.m.

THE possibility of fewer investments is seen this year with the presidential election a year away, said some industry officers.

Cebu Bankers Club president Gino Gonzales said in an interview that although the major outlook for 2015 is positive, the election set on May 9 next year might affect investors’ decisions to pour money into the country.

Tax notes: Peza importers are exempt from BIR ICC/BCC\\

Monday, January 26, 2015 - 09:35 p.m.

PHILIPPINE Economic Zone Authority (Peza) locators are now eligible for accreditation as importers with the Bureau of Customs Account Manager (BOC-AMO) without the need to secure from the BIR an importer’s clearance certificate (ICC) or a customs broker’s clearance certificate (BCC), pursuant to Revenue Memorandum Circular (RMC) No. 4-2015 issued last Jan. 5.

Soriano: The rise of Dr. Andrew L. Tan: Inspiring family businesses

Monday, January 26, 2015 - 09:34 p.m.

We all have dreams. But in order to make dreams come into reality, it takes an awful lot of determination, dedication, self-discipline, and effort. Jesse Owens

THERE are only a handful of Taipans in the Philippines who started their life as ordinary men. One individual that has achieved immense success and continues to inspire entrepreneurs to dream big and persevere amidst the very competitive environment was my former boss and mentor of eight years, 62-year-old Dr. Andrew L. Tan.

2015 ‘year to be competitive’

Sunday, January 25, 2015 - 09:33 p.m.

IF 2014 was focused on livelihood rehabilitation, this year’s efforts will be geared toward making the different industries “more competitive,” said an official of the Department of Trade and Industry.

Smart, Danao launch info system

Sunday, January 25, 2015 - 09:32 p.m.

WHENEVER it rains, Bayabas Barangay Captain Juan Camanse worries about the softening of the ground that leads to landslides in his village. Some 36 kilometers away from Danao City Proper, a hired motorcycle will take him an hour and thirty minutes to reach the main city. This means that for help to reach Bayabas, it could take awhile.

Banks told: Tap cloud to serve customers better

Sunday, January 25, 2015 - 09:31 p.m.

THE Philippine financial services industry, particularly its local banking sector, can seamlessly serve customers by adopting the latest capabilities in information and communications technologies or ICT, most particularly through cloud computing, according to a high-ranking Globe official.

Human Nature to open 6 branches in 1st quarter

Sunday, January 25, 2015 - 09:30 p.m.

SOCIAL enterprise Gandang Kalikasan Inc., (GKI) the company behind the skin and beauty care brand Human Nature, is opening six new branches in the first quarter this year to bring its total outlets to at least 40 across the country.

The firm is expanding its presence in cities like Butuan, Iligan, General Santos, Mandaluyong, Caloocan and adding another outlet in Davao City. Other key areas for expansion include Cagayan de Oro and Valencia, Bukidnon.

CCCI to hold workshop on customer satisfaction

Sunday, January 25, 2015 - 09:29 p.m.

IN LINE with the commitment of the Cebu Chamber of Commerce and Industry (CCCI) to develop programs to strengthen the capabilities of its members and in anticipation of the Asean Economic Integration this year, the group will hold a workshop on customer satisfaction.

200,000 more arrivals

Friday, January 23, 2015 - 11:03 p.m.

A TOTAL of 3.4 million tourists arrived in Central Visayas from January-November in 2014, up by 6.86 percent compared to the 3.2 million tourists logged during the same period in 2013.

47 of 116 towns in C. Visayas lack banks

Friday, January 23, 2015 - 11:02 p.m.

FORTY-SEVEN municipalities in Central Visayas do not have bank branches, nine of which are towns in Cebu, a list from the Bangko Sentral ng Pilipinas (BSP) shows.

Batuhan: Like dirt

Friday, January 23, 2015 - 11:01 p.m.

I NEVER imagined that it would have the impact that it did on me and on millions of other Filipinos. But it did. We came in droves from all walks of life, literally. From the very rich, to those who had very little. And they came with one purpose. To see and hear from him, who is the living embodiment of Christ’s presence among mankind.

Almirante: Change of counsel

Friday, January 23, 2015 - 11:00 p.m.

IN AN order dated March 22, 2004, Labor Arbiter Catalino R. Laderas denied petitioner Eric Godfrey Stanley Livesey’s motion for an alias writ of execution. Livesey had filed an appeal which the National Labor Relations Commission (NLRC) granted in its decision dated Sept. 7, 2005.

Jobs facilitated through Peso up

Thursday, January 22, 2015 - 09:55 p.m.

THE Department of Labor and Employment 7 recorded 177,625 jobs facilitated through the Public Employment Services Offices (Peso) in 2014, a 279 percent excess from its annual target of 63,500.

THE Department of Labor and Employment 7 recorded 177,625 jobs facilitated through the Public Employment Services Offices (Peso) in 2014, a 279 percent excess from its annual target of 63,500.

Bantayan tourism going green

Thursday, January 22, 2015 - 09:43 p.m.

KEY tourism establishments in Bantayan Island have come together to meet with organic producers, makers of decors and handcrafted items from nearby municipalities and suppliers of green technologies to make their operations economically viable, environment-friendly and socially equitable.

BIR district given P25.9B collection target for 2015

Thursday, January 22, 2015 - 09:41 p.m.

THE Bureau of Internal Revenue 13 has been given a collection target of P25.9 billion this year, about 25 percent higher than last year’s target.

BIR-13 Director Hermeno Palamine admitted that he is anxious about the amount, noting that even last year’s goal was difficult to achieve.

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