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Saturday, December 15, 2018

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1203 Results Found For "Cebu / Business"

400-room hotel to rise in MCIA

Katlene O. Cacho / from 2 hours ago

PASSENGERS with long stopovers at the Mactan-Cebu International Airport (MCIA) no longer have to leave the airport, as GMR Megawide Cebu Airport Corp. (GMCAC) plans to build a 400-room airport transit hotel starting next year.The hotel will be completed in two to three years’ time, said GMCAC chief executive advisor ...

Whistleblowing platform to fight corporate fraud

/ from 2 hours ago

AN estimated five percent of corporate revenues are lost annually due to fraud, according to the Association of Certified Fraud Examiners (ACFE) 2018 Report to the Nations.This loss is estimated to exceed US$7 billion worldwide.To abate mounting corporate fraud, P&A Grant Thornton, one of the top five auditing firms in ...

Almirante: Due process

Dominador Almirante / from 2 hours ago

ON Sept. 26, 2008, respondent Salvador B. Bautista was hired as a project manager for Shorncliffe (PNG) Limited in Papua New Guinea through Job Asia Management Services, owned by petitioner Dionella A. Gopio.Bautista’s contract was for 31 months with a net monthly salary of P40,000. Article 4.3 of the contract ...

Pag-ibig offers discounts for bulk sale

/ from 2 hours ago

COOPERATIVES and accredited companies may now avail of a 40 to 45 percent discount under the Acquired Assets Housing Loan Program of the Pag-ibig Fund.Anthony Maglunsod, department manager of the Loans Management and Recovery Department of the Pag-ibig Fund Housing Loan Origination (Visayas and Mindanao), said cooperatives and companies can ...

Q3 2018 BOP position posts deficit

/ from 2 hours ago

THE country’s balance of payments position (BOP) registered a higher deficit of US$1.9 billion in the third quarter of 2018, compared to the $662 million deficit recorded in the same quarter a year ago, the Bangko Sentral ng Pilipinas (BSP) reported.This development was primarily due to the deficit in the ...

Stopping Angkas could mean losing buyers

/ from today

MOTORCYCLE dealers in Cebu have varying opinions regarding the possible effect of the recent Supreme Court (SC) decision over Angkas on their sales. Harold Cifra, 34, a branch manager of a motorcycle store in downtown Cebu City, said the majority of their customers are walk-ins who purchase motorcycles for private ...

Commission sought for developers, sellers

/ from today

THE real estate brokerage industry is pushing for the creation of a real estate commission to regulate the practices of both developers and property sellers.Anthony Gerard Leuterio, president of the Philippine Allied Chamber of Real Estate Brokers and Licensed Salesmen (PhilAcre), said that with the busy real estate activities in ...

Ng: Taking care of your phone’s battery

Wilson Ng / from today

WE’VE often been told the perils of charging our phones overnight.Does it destroy the device? Will it cause the socket to burst into flames?Fortunately, with new technology devices in the marketplace, phone charging is one less thing we have to worry about.However, we must remember to consider a few things. ...

Substation to address demand

/ from today

TO SUPPORT the economic growth in the southern town of San Fernando, the Visayan Electric Company (Veco) inaugurated a substation that will cater to both the residents and business owners.The substation, located in Barangay Panadtaran, has a transformation capacity of 12.5 megavolt ampere at 69/23 kilovolt, Veco chief operating officer ...

Exporters hopeful for a resolution

/ from today

ALTHOUGH experts have repeatedly expressed doubt that concrete steps to totally ease tensions can be achieved in a short time, a local export organization remains optimistic that the US and China can reach an equitable agreement.“It’s only a ceasefire. They will still meet and talk. I just hope both sides ...

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