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Friday, January 11, 2008 (Philippines)

Cebu ranks 8th for investors
FIRST DAWN PROCESSION. Image of Sto. Niño, in a sea of devotees.(Sun.star photo/Amper Campaña)
FOREIGN investment experts have again noticed Cebu City’s potential for business and ranked it as eighth of the Top 10 Asian Cities of the Future, in a list by the Finance Direct Investment (fDi) magazine of the Financial Times Group.

Only two other Philippine cities, Quezon City and Davao City, made it to the top 10, ranking seventh and 10th place, respectively.

Cebu City also ranked fourth in the list of 10 most cost-effective cities, seventh in the best quality of life category and second in development and promotion, next only to Singapore.

[full story]

  Local News
Niño festivity on
WITH colorful buntings hanging over their heads and cold winds putting several candles out, thousands of devotees joined the penitential procession yesterday dawn, which began the Feast of Señor Sto. Niño and the nine-day novena.
[full story]
PASG checks posh vehicles; Ferrari used by Wowowee host has valid papers: LTO
THE registration papers of the Ferrari that the Presidential Anti-Smuggling Group (PASG) seized from television game show host Willy Revillame are not fake, an official of the Land Transportation Office (LTO) in Cebu City said.
[full story]
Subpoena asked for witnesses
BUSINESSMAN Crisologo Saavedra has asked Sen. Panfilo Lacson to subpoena the governor, vice governor and broadcaster Leo Lastimosa, among others, to testify before the Blue Ribbon Committee as it examines the handling of the Cebu International Convention Center (CICC) project.
[full story]

 
Business
Mid-size BPO firms to rise
Agencies trim hours at Nerbac
Telco inks deal with bank
Technology aid to help improve rural banks
 
Opinion
Editorials: Solving the Muslim problem
Roperos: Security and politics
Wenceslao: Politicians in Sinulog, 2
Seares: Hillary, Gloria haters
 
Sports
Tailor-made against Vic
Aspac seeks to arrest Bibbo’s win streak
Pestaño: Cepca vs. Region 10 rematch
P’foods takes no chances vs. Alaska
 
Lifestyle
Hong Kong, bai
Serna: Shows with Piolo, Sam, Pilita, Malu, and Dulce
9th Sinulog Export Overruns and Consumer Bazaar opens today
Honda Cebu and Makati reap awards at the 11th National Technician Contest

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