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Cebu coal plant in Naga not for sale – yet

Power Sector Assets and Liabilities Management Corp. has deferred the sale of the contracted capacity of the 110-megawatt Naga power plant complex in Cebu on request of the bidders, Energy Secretary Jose Rene Almendras said Tuesday. PSALM had scheduled the bidding for the Naga supply contracts today but bidders asked for more time to study [...]

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SM Prime Holdings inc will invest another 1 Billion Peso in Cebu

SM Prime Holdings Inc., the country’s largest shopping mall developer and operator, is investing another P1 billion in Cebu after acquiring another five-hectare property in the island. SM Prime president Hans Sy told reporters over the weekend that the company planned to develop the new property into another mall. SM Prime earlier committed to invest [...]

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Why Cebu is NOT recommended as a place for call centers, IT and BPO

Cebu is often recommended from so called experts as the perfect destination for Call Centers, IT companies and Business Process Outsourcing (BPO) businesses from all over the world. That’s because of the talented people here and the superb infrastructure. Wait, superb infrastructure? LOL… What do all those businesses have in common? The all need cheap [...]

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How cool is Cebu in this video?

Cebu always had and still has great visions, and great people too. Cebu has already accomplished a lot, especially in the last few years. Just think about the whole Business Process Outsourcing industry (BPO) and its effects on the Cebu job market. How many of you work in a call center or a related field? [...]

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The Cebu tunnel is still closed as expected

Despite the need for alternative routes when classes open and the scheduled June inauguration of the P1.2-billion tunnel section of the Cebu South Coastal Road Properties (CSCRP), the contractor of the project Tuesday said Cebuanos will have to wait until at least August to use the subway. Hikonari Maeda of Kajima Construction said while the [...]

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Would you buy shares from Cebu Pacific Air?

Cebu Pacific Air, known as on of the cheapest Airlines around in the Philippines where you have to live with all the disadvantages of a budget airline if you want cheap tickets, is going public. Yes, the Gokongwei-led Cebu Air, Inc. will have their IPO which will give the airline a cash capital boost of [...]

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No El Nino effects in Cebu yet

Cebu’s farmlands are still unaffected from the drought which is supposed to come with El Nino. This is despite the effects of the El Nino phenomenon in some other provinces in the country which have already felt the ill effects of the dry spell. Ricardo Oblena, the Executive Regional Director of the Department of Agriculture, [...]

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Call Center to Help Growing Businesses

Next year, there will be another call center that will open its doors to the Cebuano public. The Filipino Cebuano Business Club Inc. will start its very own call center sometime next year to help MSMEs or Micro Small and Medium Enterprises here in Cebu. FCBCI Chair Rey Calooy said they are currently collecting data [...]

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Israel – Cebu deal seen to boost tourism (Cebu Daily News)

THE recent sisterhood agreement between the Cebu Provincial government and the city of Rishon Lezion in Israel will open more opportunities for local traders and add more tourism prospects for Cebu.

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Forum Energy sells coal stake (Philippine Daily Inquirer)

FORUM ENERGY PLC, a joint venture between Canada’s Forum Energy Corp. and the United Kingdom’s Sterling Energy Plc, has sold its interest in Forum Cebu Coal Corp. (FCCC) for $1 million.

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Students turn rice meals into thriving business

SIX students from the University of San Carlos (USC) have joined Cebu’s competitive food industry by offering professionals and students a wide array of Asian cuisine choices handily packed in boxes

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Trouble hits Cesafi

THREE semifinalists walked out of their matches in the Cebu Schools Athletic Foundation Inc. (Cesafi) men’s volleyball semifinals yesterday at the University of San Carlos (USC) gym.

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Why Western Companies are Outsourcing Their Call Centers in Cebu City, Philippines

The Philippines has always been one of the top overseas outsourcing companies choices compared to other Asian countries because of its world-class English proficiency, affinity for

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