Cebu novelty store opens branch

Premium Concepts, which sells novelty gift items, jewelry accessories and home furnishing accessories, opened Wednesday its second store in Cebu at Banilad Town Center.
Premium Concepts manager Melanie Ng said: “Sometime in 1997, we opened a kiosk in Ayala Center Cebu and later on transferred to a bigger store (in Ayala). Since then, we have expanded [...]

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Internet café business in Cebu getting back on feet

After the decline in the number of Internet café operators in Cebu due to the stiff competition, which triggered price wars, and other concerns, the number is up again.
“There are now around 600 to 700 Internet cafés in Cebu City. That’s a number that is better compared to the last couple of years,” said Felix [...]

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DOT to promote RP in Korean fair

A 70-MEMBER Philippine delegation will attend Korea’s biggest travel event, the Korea World Travel Fair (Kotfa), from June 1 to 5.
Department of Tourism (DOT) Secretary Joseph Durano will lead the delegation composed of private sector representatives, the media, cultural performers and marketing officials of government agencies and local government units.
The DOT will conduct a presentation [...]

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Gov’t. or bank home loan?

Consumers often ask what type of housing loan is most practical—the government-aided housing loans or the commercial banks’ housing loans? The answer depends on how much is needed.
“It depends on the consumers’ needs. If they only want a smaller amount, and they are qualified for government housing loans like Pag-ibig, then it’s the best option [...]

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IBM spends $100M to put speed, high performance in eServer X3

IBM yesterday launched in Cebu its eServer X3 architecture, the product of a three-year $100-million effort to bring mainframe capabilities to the company’s Intel Xeon processor-based servers.
The eServer X3 provides higher performance and enables businesses to simultaneously run 32-bit and 64-bit applications, said Joseph Garcia, field technical support specialist of IBM xSeries.
The first generation of [...]

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No hike in Cebu office space rental, but commercial lots needed: Cereb

WHILE rates of office spaces in Manila are seen to increase in the next few years due to the influx of call centers and other outsourcing companies, Cebu rates are expected to be steady.
“The demand for office spaces is not that high that Cebu would soon run out of office spaces for rent. What is [...]

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European sauna maker eyes local market

A EUROPEAN sauna company with a manufacturing center at the Mactan Economic Zone 2 hopes to sell more of its products to the local market.
“Around 90 percent of our products have been exported for the last five years. We have minimal sales in the local market. But we are now in the direction of penetrating [...]

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Moneywise: Selling old items, buying cheap things

During these times when every peso counts, consumers would naturally want to stretch their budget. Well, there are low-priced, second-hand items that are good finds.
Cebu Thrift House located in downtown Cebu has these items.
Friza Colipano, an employee, said they sell a variety of goods like furniture, appliances, houseware, personal apparel and school supplies at very [...]

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100 trainees off to Japan: Visayas AOTS alumni head

JAPAN may train about 100 Filipinos in managerial and technical skills over the next two years, vastly improving their employability and capabilities in entrepreneurship.
“We hope to send around 100 trainees to Japan in the next two years,” said Philip Tan, the new president of the Visayas AOTS Alumni Society (VAAS).
Supported by the Japanese Ministry of [...]

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Content filter stops viruses, Web fraud

Employee Internet activity and access to unauthorized applications may result in loss of confidential data and reduction in office productivity, among others.
This is why Websense Inc. launched at the Cebu City Marriott Hotel last Tuesday a comprehensive solution that maximizes employee productivity and network performance by blocking traffic to inappropriate, non-business-related websites and screening out [...]

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