Category: Business
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FIRST-time property investor Alfredo Uy has proven that his money can work for him instead of him working for the money. He invested in the condotel project of Filinvest Land Inc. in Cebu, the Grand Cenia. Combined through an asset pool, the Grand Cenia condotels are used as rooms of affiliate Quest Hotel and Conference…
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Whether you’re getting a starter house or a more permanent home, the Pueblo de Oro Cebu Communities in Lapu-Lapu City provides a wide range of products that caters to the different needs of Cebuano families. Pueblo de Oro Cebu is building a 30-hectare masterplanned residential community in Barangay Babag II that is divided into three…
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FILINVEST Land Inc., the real estate arm of the Gotianun family from Cebu, is preparing a more aggressive expansion of its residential offerings this year as it seeks to further cement its mark in the affordable and middle-income housing market segments. With an estimated land bank of over 2,400 hectares, FLI president and chief executive…
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Delays in the relocation of Philippine Air Force (PAF) structures within the proposed site of the Mactan-Cebu International Airport (MCIA) new terminal could put off the project’s completion by 10 months, an executive of GMR-Megawide said recently. There are currently 17 Air Force structures scattered throughout the 110.9 acres (44.9 hectares) that span the total…
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Tsuneishi Heavy Industries (Cebu), Inc. (THI) launched in December a premium class vessel that features higher fuel efficiency and a design that reduces wind resistance. THI said in a press statement that the SC-220 is its first “eco-ship.” It is a 58,000 deadweight tonnage (DWT) bulk carrier that features the higher fuel efficiency design of…
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Cebu remains a competitive player in the business process outsourcing (BPO) or business process management (BPM) space as it keeps its eighth rank for the third straight year in the 2015 Tholons International Top 100 Outsourcing Destinations Report. (Download PDF of full report here) Tholons also put Cebu in eighth place in 2013 and 2014.…
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Although it had highly controversial beginnings, the Cebu Yellow Submarine continues to operate in Lapu-Lapu City and is one of Mactan Island attractions. Instead of the JPark Island Resort and Waterpark (formerly Imperial Palace Waterpark Resort and Spa), the underwater vessel operated by the Cebu Yellow Submarine and Undersea Tour Corp. now docks at the…
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2GO Travel inaugurated on Thursday a ticketing office within Pier 1 in Cebu City for SuperCat fast crafts plying the Cebu route. The move makes it easier for passengers to book trips on SuperCat vessels travelling from Cebu to destinations like Manila, Tagbilaran in Bohol, Ormoc, Cagayan de Oro, Butuan, Romblon, and Masbate, a company…
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With the number of Cebuanos who dine out growing fast, the Max’s Group, Inc. believes the Cebu market is ready for its upscale American restaurant Maple. Maple serves American comfort food and its dishes are inspired by South American flavors which carry a lot of spices, said Bernadette Lee, chief operating officer of the Pancake…
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Rustan’s Supermarket opens today, August 9, at its new Ayala Center Cebu location with 2,800 square meters of space and special grocery offerings. The new Rustan’s store, which is at Basement 1 of Ayala’s expansion wing, displays its items by categories: poultry, meat, seafood, dairy, grains, pasta and the like. “Rustan’s Supermarket is really a…
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By June 1, Imperial Palace Waterpark Resort and Spa will start being known as JPark Island Resort Cebu (JPI). The move is intended to create a common brand for existing and upcoming products and services of Philippine BXT Corp., resort owner and operator, and in recognition of its Korean and Filipino owners, said Reno Bacolod,…
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Imagine a strip of land dotted with retail shops, boutiques, bars, cafes and restaurants. Shaded walkways and landscaped gardens allow people to walk along the 11 connected buildings that can be found all throughout its length. The whole stretch has a view of the sea on one side. At the far end is built a…