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Cebu 2014 : Year of massive reconstruction

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Cebu business group leaders described 2014 as a year of “massive reconstruction” after the region suffered major blows from the two calamities that hit in the fourth quarter of last year. While everything seemed back to normal, Cebu Chamber of Commerce and Industry president Lito Maderazo said that this year, Cebu and Central Visayas will [...]

Posted: January 10th, 2014 in CDN - Enterprise,Cebu Daily News | Read More »

Two Cebu firms tie up for P5B condo project

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TWO Cebuano-owned companies have partnered for a major condominium project that will add 556 high-end units in the market.

Posted: January 9th, 2014 in CDN - Enterprise,Cebu Daily News | Read More »

Gov’t urged to address Mactan airport project delay

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BUSINESS and civic group leaders aired their concern over the delay of the awarding of the winning bid for the P17.5 billion Mactan-Cebu International Airport new terminal project urging the government to make a decision as soon as possible and answer all the issues being raised.

Posted: January 8th, 2014 in CDN - Enterprise,Cebu Daily News | Read More »

Traders aim to improve customer service

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While the retail industry is among the industries that is seen to grow this year, traders and businessmen feel they should focus more on selling based on “relationship and experience” in order to remain competitive. The recent calamities – the earthquake and supertyphoon Yolanda – both fueled a demand for basic commodities in the last [...]

Posted: January 7th, 2014 in CDN - Enterprise,Cebu Daily News | Read More »

Traders: Better prospects in second half of year

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The export industry expects a flat growth rate this year ending at a negative 0.83 percent as of August this year while 2014 second to the fourth quarters could show strong recovery. Philexport Cebu executive director Fred Escalona’s forecast for this year is similar to last year because the industry did not grow nor did [...]

Posted: January 6th, 2014 in CDN - Enterprise,Cebu Daily News | Read More »

Tech support services increasing

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The outsourcing industry remained bullish in 2013 despite the many calamities in the fourth quarter. “As expected, we are still bullish, we continued to have more and new investors players with employment surpassing the 100,000 mark,” said Cebu Educational Development Foundation for Information Technology (CEDF-IT) president Gregg Gabison. Gabison added that the growth were seen [...]

Posted: January 3rd, 2014 in CDN - Enterprise,Cebu Daily News | Read More »

Sinulog, Apec events to bring tourists back

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Tourism in Central Visayas may have suffered a huge blow in the fourth quarter of 2013 but stakeholders see a lot of promise in 2014 for the region’s major revenue generating industry. Hotel Resort and Restaurant Association of Cebu (HRRAC) president Cenelyn Manguilimotan believes that the October 15 earthquake and the November 8 supertyphoon are [...]

Posted: January 1st, 2014 in CDN - Enterprise,Cebu Daily News | Read More »

Outsourcing, OFW cash spur growth

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One of the industries that continued to expand and benefit from the major calamities that hit the Visayas this year and is expected to continue to expand in 2014 is the real estate and construction industry. The Philippine economy grew by seven percent in the third quarter of 2013, which is the fifth straight quarter [...]

Posted: December 31st, 2013 in CDN - Enterprise,Cebu Daily News | Read More »

Stable Cebu power this Christmas

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THERE won’t be brownouts today and on Christmas Day in Metro Cebu, the Visayan Electric Co. (Veco) and the National Grid Corp. of the Philippines (NGCP) said yesterday.

Posted: December 24th, 2013 in CDN - News,Cebu Daily News | Read More »

CCCI focuses on tie-ups with foreign chambers

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The Cebu Chamber of Commerce and Industry (CCCI) has taken a stronger initiative in establishing relationships with foreign chambers based in the country to encourage more investments. Aside from holding trade missions, their thrust is to increase the inflow of information to different chambers based here, said CCCI president Lito Maderazo during yesterday’s general membership [...]

Posted: December 19th, 2013 in CDN - Enterprise,Cebu Daily News | Read More »

Drive to upgrade technicians skills on

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WITH technology seen as a booster to economic growth, a technology company has partnered with vocational schools in the country for a campaign to help upgrade the skills of industrial technicians. Intel Philippines and the Technical Vocational Schools and Association of the Philippines (Tevsaphil) Inc. have joined hands to implement the education campaign called “Intel [...]

Posted: December 18th, 2013 in CDN - Enterprise,Cebu Daily News | Read More »

Cebu business told to expect brownouts till October 2014

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Cebu business leaders said they have to adapt and find ways to adjust to the impact of daily rotational brownouts after being told this will go on till October ber next year. For now they just have to bear the one- to two-hour outages, said Gordon Alan Joseph, Cebu Business Club president. “At the moment [...]

Posted: December 14th, 2013 in CDN - News,Cebu Daily News | Read More »

Ayala Cebu’s P2.8B expansion to help boost local economy

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AYALA Center Cebu’s P2.8 billion expansion had its “soft” opening yesterday with a commitment to reinvigorate the local economy with upscale retail choices. It’s “time to move forward” from the adverse effects of recent calamities, and restart economic activity in the region beginning with Cebu City, said Antonino Aquino, president of Ayala Land Inc. and [...]

Posted: December 12th, 2013 in CDN - Enterprise,Cebu Daily News | Read More »

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