His parents had inspired and exposed him to the world of entrepreneurship. “Growing up with businessmen parents, it is important to learn how to become an entrepreneur and run the business and it is most important to learn how to nurture and encourage entrepreneurship,” said Devin Go, vice president of the family-owned Philippine Span Asia [...]
TO compensate for the recent network interruption last Monday, Globe Telecom will give away free loads to their prepaid subscribers in the affected areas including Cebu. At 1 p.m. last May 9, Globe and Touch Mobile network subscribers experienced difficulty, if not inability, to send text, make calls and surf the Internet. This occurred after [...]
After the success of its first mixed-use vertical project called Calyx Center at the Asiatown IT Park, a local real estate developer, Innoland Development Inc., announced its plans to invest P700 million this year to launch two new vertical projects in Cebu City. Charles Ong, chief operations officer of Innoland Development Inc., said the projects [...]
MAJOR telecom provider Globe Telecom apologized to their Visayas and Mindanao subscribers following a systems interruption that disrupted their broadband and mobile phone services last Monday. Yoly Crisanto, Globe Telecom Corporate Communications chief, said the fiber cut of their underwater cable that caused the interruption early in the morning was repaired at 9:40 p.m last [...]
An education official is encouraging high school graduates to enroll in agriculture and electronics courses instead of nursing, information technology, maritime and business courses. Dr. Candelario Aytona, Commission on Higher Education (CHED-7) assistant regional director, said yesterday that Agriculture and electronics graduates are what’s needed by Central Visayas today. Aytona said that graduates of these [...]
Hoping to spur economic productivity through the sale and purchase of lands, the Cebu City government and the Foundation for Economic Freedom signed an agreement to implement the Residential Free Patent Act. Cebu City Mayor Michael Rama said yesterday that the implementation of the law would improve education, development and economic productivity in the city. [...]
Manila — Local airlines have criticized the government’s “open skies” policy, saying the disregard for reciprocity with other countries may jeopardize the growth of Philippine carriers. The Civil Aeronautics Board (CAB) last week approved the final implementing rules of Executive Order No. 29—signed by President Aquino in March—which removed legal restrictions on the number of [...]
THE search for the 2011 Ernst & Young Entrepreneur of the Year is on with the deadline for the nominations for the five categories of the search set for May 31. Maria Madeira Vestil, SGV & Co. Cebu partner in charge who facilitates the nomination process in Cebu, said the nomination was officially opened in [...]
Manila — The Asian Development Bank has challenged developing countries like the Philippines to step up efforts to boost economic growth and consequently escape the “middle-income trap” they are caught in. In one of the discussions during the recently concluded 44th Annual Meeting of the Board of Governors of the ADB, economists noted that many [...]
Their desire to preserve and restore the natural wealth of their father’s more than 90 hectares of lush and biodiversity-rich property in Liloan town, northern Cebu prompted the children of Democrito “Kit” Mendoza to develop his property to an exciting eco-tourism attraction that features also family-oriented activites. They called the place Papa Kit’s Marina and [...]
MANILA—Good news will greet motorists on Sunday morning as Shell, Chevron Philippines and Petron will have price rollback on their products. In an advisory, Shell will have a rollback on its diesel products by P1.75 per liter, kerosene by P2.00 per liter, unleaded gasoline by P0.50 per liter and regular gasoline by P1.25 per liter. [...]
A tourism group in the Asia-Pacific will focus on a road map for environmental stability and stronger air transport connectivity for the Philippines. Thirteen APEC member countries with 34 representatives converged on a two day technical meeting since last Saturday for the 38th Asia Pacific Economic Cooperation (Apec) tourism working group hosted by Cebu. The [...]
