The country’s big banks can withstand shocks, such as a rise in loan defaults, should global economic problems spill over to the Philippines, as the level of their capital continues to exceed domestic regulatory requirements and international standards.
Seventeen companies in Central Visayas have been granted a one year reprieve from implementing the latest minimum wage increase by the Regional Tripartite Wages and Productivity Board in Central Visayas (RTWPB 7).
Holding two jobs and selling retail goods on the side are among steps minimum wage earners in Cebu are taking to augment their meager income.
China and 15 other Asia-Pacific nations will kick off the first round of free trade talks next month to create one of the world’s largest trading blocs, officials said yesterday.
Cebu-based online job site iTrabaho.com will be partnering with the Lapu-Lapu City government for an online platform project that will help bridge the gap between job seekers and employers.
LOCAL businessmen welcomed the recent record performance in the Philippine Stock Market breaching the 7,000 mark last Monday. They however said that this was just an indication of how people were confident with the economy and should become a tool to encourage investors to set up concrete investments in the country and create more jobs. [...]
AWARDING of the P17.5 billion Mactan Cebu International Airport expansion project to a qualified bidder will be expected in the last quarter of the year.
With a record high performance last year registering a 13 percent growth in revenues at P1.6 billion, Cebu Holdings, Inc. is set to invest P3.4 billion in new and existing projects this year.
Manufacturers of chicharon (pork crackling) and ampao (popped rice) in Carcar City can adopt the business model of delicacy manufacturers in Thailand where they prepare their goods near their display areas.
ORGANIZE A trade mission to China to promote Cebu. This was the call of Yu Ping, China Council for the Promotion of International Trade (CCPIT) vice chairman, during his speech yesterday at the First Philippines-China Trade and Investment Forum.
Encouraginggreen entrepreneurship. This is the focus of the Cebu Chamber of Commerce and Industry in this June’s Cebu Business Month (CBM) celebration.
The Cebu Chamber of Commerce and Industry (CCCI) has partnered with the Cebu provincial and city governments in hosting a business forum to be attended by 34 high-profile Chinese businessmen today at the Radisson Blu Hotel. CCCI president Lito Maderazo said yesterday the Business Forum and Business Matching session between local businessmen and Chinese businessmen [...]
THE Seaweed Industry Association of the Philippines (SIAP) is taking steps to prove that carrageenan is not harmful to humans. Marcial Solante Jr., SIAP board secretary, said in briefing last Tuesday that the group had tasked two independent groups to do a study proving that “carrageenan is safe for humans.” SIAP will also publish this [...]
