Keep it real, developers

Friday, March 27, 2015 - 10:40 p.m.

REAL ESTATE owners and developers will be compelled to reexamine their advertisements with the Housing and Land Use Regulatory Board’s (HLURB) new guidelines on advertisements.

The HLURB, in Resolution 921, revised its implementing rules on advertising subdivision and condominium projects. The practice is governed by Presidential Decree 957, as well as the “2014 Guidelines on Advertisements” recently issued by the agency.

Organizers fuse 2 festivals to draw crowds this summer

Friday, March 27, 2015 - 10:38 p.m.

LOCAL festivals can be a vehicle for promoting tourism and boosting the economy.

PLDT offers iGate for companies that demand reliable connections

Friday, March 27, 2015 - 10:35 p.m.

WITH 33 million Filipinos now using the Internet, even small businesses have had to adjust to the changing demands of their customers. As more people find uses for the Internet, the quality of connections is bound to be affected.

A subsidiary of a telecommunications company aims to provide a solution for small businesses to ensure their connections are reliable, fast and stable.

Cheap fuel revs up confidence index

Friday, March 27, 2015 - 10:35 p.m.

EXPECTATIONS of lower oil prices and a stronger peso helped lift consumer confidence in the first quarter of the year, a survey by the Bangko Sentral ng Pilipinas (BSP) said.

The BSP reported on its website yesterday that the overall confidence index (CI) improved to -10 percent from -21.8 percent in the last three months of 2014.

Almirante: Accrued wages

Friday, March 27, 2015 - 10:34 p.m.

IN A decision dated May 31, 2005, the Labor Arbiter (LA) found the petitioners Froilan M. Bergonio Jr. and nine others illegally dismissed and ordered respondents South East Asian Airlines and Irene Dornier, among others, to immediately reinstate the petitioners with full back wages. For failure of respondents to reinstate petitioners despite respondents’ manifestation to reinstate them in the payroll, the petitioners filed before the LA a manifestation for their immediate reinstatement. On Oct. 3, 2005, respondents filed an opposition to the motion. On Jan.

Batuhan: I can’t stand the sight of him

Friday, March 27, 2015 - 10:33 p.m.

I WAS reading a piece of news on the UK’s Mail Online, when a link I happened to click took me to one of their articles on love-hate relationships. It was from there that I took the quote above. What strikes me about it is that it seems not only to apply to relationships, but with how we feel about our political leaders as well. In fact, when I read it, it suddenly dawned on me that this was exactly what I was feeling about P-Noy of late.

Cebu hotels, resorts offer discounted room rates on Lenten

Thursday, March 26, 2015 - 10:35 p.m.

CITY hotels are now offering discounted “stay-cation” packages, as they expect low occupancy during the Holy Week.

Ng: Free nationwide Wi-Fi

Thursday, March 26, 2015 - 10:33 p.m.

INFORMATION technology has always been somewhat adrift in government bureaucracy. Maybe this is because it encompasses a lot of industries. It used to belong to the Department of Trade and Industry and then parts of it were controlled by the Department of Transportation and Communication. Later, bills to create a Department of Information and Communications Technology was shelved, and now it is part of Department of Science and Technology (DOST).

Listening more difficult in today’s workplace: poll

Thursday, March 26, 2015 - 10:32 p.m.

MANILA – New research from Accenture reports that while 96 percent of global professionals consider themselves to be good listeners, the vast majority at 98 percent spend part of their workday multitasking. In fact, 64 percent say that listening has become significantly more difficult in today’s digital workplace.

OLX aiming to be ‘more mobile’

Wednesday, March 25, 2015 - 10:12 p.m.

WITH 50 percent of their traffic generated by mobile users, online classifieds website OLX Philippines is aiming at becoming a more mobile company, its Philippine founder said.

Megaworld net income in 2014 up 139% to P21.6B

Wednesday, March 25, 2015 - 10:11 p.m.

MANILA–Megaworld, the country’s leading integrated urban township developer and biggest office developer and landlord, posted a net income of P21.6-billion (inclusive of a P12.1-billion non-recurring gain) in 2014, 139 percent higher than in 2013. Without the non-recurring gain, net income went up by 14 percent to P9.4-billion last year – reflecting an 18 percent annual growth since 2009, when net income was P4-billion, or more than double in five years.

Montebello renovates facility

Wednesday, March 25, 2015 - 10:10 p.m.

MONTEBELLO Villa Hotel is aiming to hit 65 percent occupancy this year, confident that the market will continue to patronize its facility despite the opening of new accommodations in the city.

Lazada marks 3rd year with sale

Wednesday, March 25, 2015 - 10:09 p.m.

MANILA – Lazada Philippines, a part of Lazada Group which operates Southeast Asia’s top online shopping and selling destination, is celebrating its third anniversary this month with three days of sales from March 24 to 26.

Lazada Group has seen rapid growth since its launch in March 2012. The company now has over 4,000 employees across the region and has raised about 520 million euros in funding from leading sector specialists and investors including Temasek, Tesco, JP Morgan, Kinnevik and Rocket Internet, among others.

Villarosa to move up as chairman of Security Bank

Wednesday, March 25, 2015 - 10:08 p.m.

ALBERTO S. Villarosa will be nominated chairman of the Security Bank Corp. during the organizational board meeting scheduled on April 28, according to a disclosure filed by the bank with regulators.

The bank informed the Philippine Stock Exchange that Frederick Y. Dy will be nominated for election as chairman emeritus. Director Eduardo I. Plana also signified his desire not to seek re-election.

Student team builds app that lets teachers use mobile phones to check test papers

Wednesday, March 25, 2015 - 10:07 p.m.

A TEAM of Electronics and Communications Engineering students from Bulacan State University (BSU) developed a mobile application that allows the hassle-free checking of test papers.

The Smart Image (Instant Multiple-option Assessor for General Examinations) won 2nd place at the 11th Sweep Innovation and Excellence Awards organized by Smart Communications, Inc. (Smart), a competition designed to encourage students to think outside the box and use web and mobile technologies to address problems in their communities.

Sun Gold owner ventures into real estate business

Tuesday, March 24, 2015 - 08:18 p.m.

ENTREPRENEUR Ferdinand Tio, the owner of Sun Gold Home and Furnishings, is venturing into the thriving real estate industry with his new venture, SunKai Land.

Tio, who holds a majority share of SunKai Land, is eyeing at least six projects in Cebu and one in a neighboring island in the next three to five years, SunKai project development manager Michael Estomata said in an interview yesterday.

Grand Land launches 5 projects in 3 years

Tuesday, March 24, 2015 - 08:17 p.m.

IN LESS than three years since the Gaisano Grand Group’s real estate arm was established, Grand Land Inc. has already launched five projects with 4,300 houses and condominium units combined upon completion.

This include its flagship project Grand Residences in Banilad in Cebu City, Amani Grand Mactan in Lapu Lapu City, and City Homes Mactan, Mandaue, and Minglanilla.

SMEs paired with potential buyers in DTI’s speed matching event

Monday, March 23, 2015 - 11:06 p.m.

NINE small and medium enterprises (SMEs) from food and non-food sectors were recently matched with EchoStore Cebu through the Department of Trade and Industry’s (DTI) speed matching activity.

On top of helping small entrepreneurs improve their products, Elias Tecson, chief trade and industry specialist for business development of the DTI Cebu Provincial Office, said the agency is aggressively looking for potential markets to help SMEs here expand their customer base.

Soriano: Most powerful women leaders running family businesses

Monday, March 23, 2015 - 11:05 p.m.

“STUDIES have shown that women-owned firms outperformed the male-owned firms on many levels, including return on investment.”

Globe unveils plans for entrepreneurs

Monday, March 23, 2015 - 10:47 p.m.

GLOBE Telecom’s SME arm, Globe myBusiness, is eyeing to grow its customer base composed of small and medium enterprises with the launching of a new customizable suite of postpaid plans for entrepreneurs.

In a press conference with Globe officials, the Ayala-led telco recently introduced to the market Plan299, which allows business owners to get a free Duo landline with unlimited calls to local landline and Duo customers nationwide.

Cebu’s higher storage fees lead to 67% more cargo withdrawal

Monday, March 23, 2015 - 10:39 p.m.

THE Cebu International Port (CIP) recorded a 67 percent jump in average daily withdrawal of containers following implementation of higher storage charges for international cargoes.

“From an average of 300 withdrawals of containers per day, (withdrawal) rose to 500,” an official from the Cebu Port Authority (CPA) said in an email.

28M Filipinos covered by micro-insurance as of 2014

Sunday, March 22, 2015 - 08:26 p.m.

AS of 2014, 28 million Filipinos have micro-insurance coverage, according to the Insurance Commission (IC). The agency sees a continued growth in this segment as more Filipinos turn to micro-insurance for protection and financial security, especially for calamities.

Organizers launch Cebu Business Month

Sunday, March 22, 2015 - 08:24 p.m.

TO MAKE sure the activities of this year’s Cebu Business Month in June are well-attended, the Cebu Chamber of Commerce and Industry is engaging in an intensive information campaign. Officially launched last Friday, overall chairperson Francis Dy said the activities they have lined up are expected to benefit Cebu’s economy and most businesses and not just those of their members.

Security Bank seeks to grow retail banking

Sunday, March 22, 2015 - 08:22 p.m.

FROM accounting for five-percent of revenues, publicly-listed Security Bank Corp is targeting to grow retail banking to make up about 30 percent of the company’s earnings in 2017.

That was according to its president and chief executive officer Alberto S. Villarosa during the inauguration of the five Security Bank branches in Cebu held at the Waterfront Cebu City Hotel and Casino.

New mall, towers in IT Park

Friday, March 20, 2015 - 10:17 p.m.

PROPERTY developer Ayala Land Inc. will invest around P8 billion for a 2.2-hectare mixed-use project inside its own development, the 24-hectare Cebu IT Park in Lahug.

‘Embrace what makes the PH unique’

Friday, March 20, 2015 - 10:16 p.m.

RATHER than copy the attractions that have made other places around the world popular, British Ambassador to the Philippines and Palau Asif Anwar Ahmad said that locals should embrace what has made them unique and improve these qualities instead.

In a visit to Cebu last week, Ahmad said the Philippines needs to be proud of what it naturally has, such as its food, jeepneys and bancas. Malls and casinos, in contrast, are easy to build and can be found in most major cities in the world.

Exporters ask: Invest to break from low tech

Friday, March 20, 2015 - 10:13 p.m.

EXPORTERS are appealing to the government to invest more on science and technology development to enable small and medium enterprises (SMEs) to move to value-added production, create more jobs and compete.

Sergio Ortiz-Luis Jr., president of the Philippine Exporters Confederation Inc. (Philexport), said that Philippine manufacturing is stuck with relatively low-technology processes in sectors such as food, beverages, handicrafts, footwear and clothing because of the relatively low interest of the country in innovation and its meager spending on technology development.

Almirante: Computation of backwages

Friday, March 20, 2015 - 10:11 p.m.

IN a complaint for illegal dismissal filed by respondents Almer R. Abing and Anabelle M. Tuazon against petitioner Wenphil Corp., the former were awarded backwages. But the period for the computation of the backwages set by the Labor Arbiter (LA) was inconsistent with that of the Court of Appeals (CA). According to the LA, whose ruling the National Labor Relations Commission (NLRC) affirmed, the period for computation should be from Feb. 15, 2002, the day when petitioner last paid respondents’ backwages, until Nov. 8, 2002 when the NLRC’s decision became final and executory.

Batuhan: Put your money where your heart is

Friday, March 20, 2015 - 10:10 p.m.

WHICH of these Americans belong together? A Chinese-American, female, middle-class, atheist lesbian. A wealthy, Christian-Arab, heterosexual, male doctor. A lower-class, African-American, Muslim, female student. Tough question, right? That’s because there are so many arbitrary classifications that people assign to each other, and belonging to one group as opposed to another is a function of so many variables. Ethnicity? Race? Nationality? Religion? Sexual preference? You name it, these associations are as numerous and as complex as people are.

Equipment for Toledo farmers

Friday, March 20, 2015 - 12:05 a.m.

A FARMING association received equipment in Barangay Magdugo, Toledo City yesterday from a Department of Trade and Industry (DTI) program that is meant to help them supply materials in great demand.


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