Philippines exporters have signed a manifesto asking President Arroyo, the Department of Finance and Congress to hold back the implementation of the Customs Brokers Act of 2004.
Republic Act (RA) 9280, also known as the Customs Brokers Act of 2004, will allow only customs brokers and their customs representatives to transact business with the Bureau of [...]
Archive for March, 2006
Exporters ask GMA, DOF not to enforce RA 9280 yet
Posted in ALC on 31 March 2006 | Leave a Comment »
Information technology to spread to rural Cebu
Posted in ALC on 30 March 2006 | Leave a Comment »
By the year 2010, every high school student will have first-hand experience with computers as information and communications technology (ICT) development will spread even to rural areas in Cebu province.
“By 2010, we expect that anywhere you go in the province, there will be benefits of ICT like access to wi-max, 3G and phone signal, among [...]
Micro-finance groups allot P500M for Cebu’s poor
Posted in ALC on 29 March 2006 | Leave a Comment »
Micro-finance institutions (MFIs) plan to release P500 million to qualified households in Cebu this year.
People’s Credit and Finance Corp. (PCFC) assistant vice president for the Visayas Jose Rico Coligado said the firm is trying to reach more poor households that deserve help.
Target clients
PCFC is a government-owned micro-finance corporation under the supervision of the Land Bank [...]
VoIP provider eyes OFW dependents in new service
Posted in ALC on 28 March 2006 | Leave a Comment »
A voice over Internet Protocol (VoIP) provider is eyeing overseas Filipino workers’ (OFWs) dependents as a market for its new service.
Simeon Edward Lim, chief executive officer and managing director of DB Edwards (DBE), told Sun.Star Cebu yesterday that they had launched the InTouch Calling Club Service to offer Filipinos, especially OFWs’ dependents, a cheaper and [...]
Firm finds good market in BPOs
Posted in ALC on 25 March 2006 | Leave a Comment »
A US-based manufacturer of data systems sees bright prospects in the country’s call center industry and other business process outsourcing industries.
“As long as there’s a need for IT (information technology), we will be in the market. American Power Conversion (APC) has always been quick in coping with the market,” said enterprise business development manager Ian [...]
Lifting of farm subsidy gives RP more markets
Posted in ALC on 24 March 2006 | Leave a Comment »
The removal of subsidies in agricultural products of developed countries like the United States and those in the European Union by 2013 will allow the country’s farm goods to enter more markets and be competitive, said a government official.
Erlinda Arcellana, director of the Board of Investment (BOI) Office for Industrial Policy, said this [...]
Summit opens next week, to focus on establishing Cebu as ICT hub
Posted in ALC on 23 March 2006 | Leave a Comment »
The second Cebu ICT Strategy Summit will bring all information and communications technology (ICT) stakeholders in Cebu “to make certain that all the essential ingredients in transforming Cebu into an ICT hub” are in place, summit officials said.
“It is designed to be a focused effort by the ICT stakeholders of Cebu from all sectors, the [...]
Abaca ban poses risks on industry
Posted in ALC on 22 March 2006 | Leave a Comment »
The Executive Order (EO) that bans commercial use of abaca is “quite sweeping” and is expected to affect many industries that use abaca fiber as material for their finished goods.
Cebu Furniture Industries Foundation Inc. (CFIF) executive director Ruby Salutan said 90 percent to 95 percent of Cebu’s furniture manufacturers use abaca.
“But it’s not only us [...]
PP1017 affected Cebu X sales
Posted in ALC on 21 March 2006 | Leave a Comment »
Sales generated for this year’s Cebu International Furniture and Furnishings Exhibition, also known as Cebu X 2006, dropped by 25 percent, the Cebu Furniture Industries Foundation Inc. (CFIF) revealed yesterday.
While it made $27.4 million last year, a four percent increase from its sales in 2004, it only generated some $20 million this year.
“Before the show, [...]
Developer bares plans to develop commercial center south of city
Posted in ALC on 20 March 2006 | Leave a Comment »
MORE than 40 percent of Cebu City’s population, who live in the south, represent a huge market with plenty of potentials for commercial entities, a developer said.
“It seems the southern part of Cebu City is taken for granted because all the commercial developments, such as malls and department stores, are mostly located in [...]