CCCI leader to gov’t: Create better investment climate, no corruption

Despite the reported estimate by the Bangko Sentral ng Pilipinas that remittances of overseas Filipino workers (OFWs) will hit $12.3 billion by the end of the year, Cebu Chamber of Commerce and Industry (CCCI) president Robert Go raised the need for more job-generating projects from the government and the business sector.
Go said the remittances of [...]

Read Full Post »

Local tour guides survive on visitors from Europe, US, not Korea – CAT-G

Despite a rise in the number of tourists from Korea, tour guides in Cebu rely more on European and United States-based visitors for income.
“We count more on foreign tourists from Europe, US and other countries because they are the ones who need our service.
Koreans don’t because they have their own Korean tour guides accredited by [...]

Read Full Post »

Cebu needs cheaper hotels; idle houses can provide tourists beds

Cebu should develop “bed-and-breakfast” type hotels to accommodate foreign and domestic tourists.
University of Asia and the Pacific School of Economics dean Bernardo Villegas said the entrepreneurs can invest in such hotels that can be found in many places in Europe.
“As long as you have clean bathrooms, clean linen and good breakfast, that’s good enough,” he [...]

Read Full Post »

Christmas shoppers boost sales of downtown traders

THE Christmas season helped increase the sales and customer traffic in downtown Cebu City.
“However, it’s still not as good compared to the previous years’. People are now more tight with their money (and) they won’t just buy anything without much consideration,” said Joni Chan, president of the Manalili, Lincoln and Progreso Business Association.
The group [...]

Read Full Post »

No. of tourists rises but not from HK, says DOT

Foreign and domestic arrivals in Cebu increased by 10 percent to 938,666 guests from January to October this year against 851,780 in the same period in 2004.
The Department of Tourism (DOT) 7 reported that the number of foreign travelers increased 16 percent from 291,716 last year to 338,600 this year. Domestic travelers also increased seven [...]

Read Full Post »

Group to impose ban on cubicles in Internet cafes

The Internet Café Association of Cebu (Icac) will no longer allow its members to put cubicles in their Internet café starting next year as part of its campaign against pornography.
Cubicles give Internet users the chance to do “malicious acts” or view pornographic web sites, said Icac president Felix Cogal Jr. in an interview yesterday.
He said [...]

Read Full Post »

BIR launches tax amnesty program

Taxpayers are encouraged to avail themselves of the Enhanced Voluntary Assessment Program (Evap) of the Bureau of Internal Revenue (BIR) to enjoy the benefit of last priority in audit.
Wendell Ganhinhin, senior manager of tax advisory and compliance of the Punongbayan & Araullo, said the “last priority in audit” would mean that taxpayers who qualify for [...]

Read Full Post »

Civil engineers assail threat vs. profession by architects

The civil engineering profession is under threat by members of other professions.
Angel Lazaro III, chairman of the Board of Civil Engineering (Boce) Professional Regulation Commission (PRC), said other professions want to “take away” from the civil engineers what they are entitled to under the law.
Lazaro spoke during the oath taking of new members of the [...]

Read Full Post »

Del Monte goes local, enjoys sales increase

Del Monte Philippines Inc. is now producing as much products for its local market as its international market.
“Fifty percent of our products now (are now being exported) while the other 50 percent is for the local market, which had significantly increased because of our new products,” said Manuel Sy, Del Monte Philippines Inc. group sales [...]

Read Full Post »

Health drink maker opens plant in Liloan

TO ANSWER the growing demand in domestic and international markets, a Cebu local health drink manufacturer expanded its facility to increase production.
LactoPafi Techno Resources Corp. (LPTRC) inaugurated its new manufacturing plant in Catarman, Liloan, Cebu last week as part of its P150-million expansion program.
In an interview, LPTRC president and founding chairman Gregorio Sanchez Jr. said [...]

Read Full Post »