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Capitol mulls putting ‘integrated south bus’ terminal in Talisay instead of at SRP
CEBU CITY, Philippines — Instead of at the South Road Properties (SRP), the new location of a new south bus terminal in Cebu might be in Talisay City. Cebu Gov. Gwendolyn Garcia on Wednesday, Mar. 27, said that they had received an unsolicited proposal of developing a brand new, south bus terminal. READ: Mayor Rama.....»»
House leaves Quiboloy’s fate to Senate
The House of Representatives will no longer pursue and implement the warrant of arrest it issued against pastor Apollo Quiboloy after it approved on final reading the bill revoking the franchise of the evangelist’s alleged TV network......»»
Public utility trike operators urged to renew franchise, warned vs overpricing
THE Davao City Transport and Traffic Management Office (CTTMO) conducted a dialogue with the different Tricycle Operators and Drivers’ Associations (Todas) of Toril District to remind drivers of the provisions of the Traffic Code of the City......»»
NEWS BRIEFS | 26 March 2024
P101-M sea wall to rise in Surigao Sur town A P101.3 million sea wall will be constructed in Marihatag, Surigao del Sur to protect lives and properties from storm surges there. Rep. Romeo Momo (1st District, Surigao del Sur) led the ground breaking of the Marihatag Seawall Project last Sunday, March 24. “The project is a […].....»»
The Daily Guardian: Apples Unlikely Partner
Talks of a potential partnership between tech giants Apple and Google have ignited a firestorm of debate in the industry. The focus of this partnership.....»»
SM, WMSU renews academic partnership
SM, WMSU renews academic partnership.....»»
President Marcos signs laws renaming roads, bridge
President Marcos has signed several laws, including those renaming circumferential and bypass roads, a bridge and a national highway in different parts of the country......»»
‘Quiboloy warrant stands despite SMNI franchise revocation’
Despite the revocation of the franchise of Sonshine Media Network International (SMNI), the arrest warrant issued against pastor Apollo Quiboloy by the House of Representatives committee on legislative franchises still stands......»»
SM Group, Levi’s strengthen partnership
The SM Group is reinforcing its partnership with Levi Strauss & Co. (LS&Co.) to support the expansion of the iconic jeans brand’s retail footprint in the country. .....»»
Agoda Unveils Asia’s Top 9 Nature Destinations
To mark the launch of Eco Deals 2024, Agoda’s flagship US$1 million partnership with the World Wide Fund for Nature (WWF), the digital travel platform has compiled a list of some of Asia’s favored nature destinations across Asia, based on searches made on Agoda in January 2024. Enric Casals, Vice President of Southeast Asia, Agoda, […].....»»
Chowking Brings Halo-Halo Land to Cebu for 2024
Chowking has officially done it again. The Filipino-Chinese fast food chain has once again reinvented summer with another year of Halo-Halo Land in partnership with SM Supermalls, showcasing their new super-sangkap, kumpletong lamig-sarap Halo-Halo Supreme. Halo-halo is a Filipino staple. Its variety of ingredients dances on the pallet of your tongue as it gives you.....»»
PPP Code IRR out; 20 projects up for approval
Around 20 solicited projects that are part of the government’s infrastructure flagship program are expected to be submitted to the National Economic and Development Authority Investment Coordination Committee for approval this year, the Public-Private Partnership Center said, following the signing of the implementing rules and regulations of the PPP Code......»»
Ayala to expand partnership with Bosch
The Ayala Group and German company Bosch are eyeing opportunities to expand further their partnership in the Philippines......»»
GSIS taps Maya for payments
State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»
Senate concurrence needed to revoke SMNI franchise’
The revocation of the legislative franchise of Sonshine Media Network Inc. by the House of Representatives would have to be approved by the Senate first before it can take effect – in accordance with the usual legislative route, lawmakers said yesterday......»»
AppleOne intensifies efforts to boost local tourism
AppleOne Group Inc., a Cebu-based property developer, is gearing up to welcome an increased influx of both local and international travelers this year to further showcase its ongoing commitment in helping foster people-to-people connections, enriching cultural relations, and contributing to the boosting of tourism at the local and national levels......»»
AppleOne’s hospitality arm eyes expansion in Visayas and Mindanao
AppleOne Properties Inc. (API) is charting a bold course for its hospitality arm, eyeing expansive growth in the Visayas and Mindanao. This move aims to amplify the company’s position as a trusted hospitality and tourism brand in the region. In an exclusive interview with Samantha Manigsaca, Asset Manager for Hotels at AppleOne Group, she recently.....»»
AppleOne breaks ground on JW Marriott in Panglao
AppleOne breaks ground on JW Marriott in Panglao.....»»
PH Resorts in talks with other investors
PH Resorts Group Holdings Inc., the listed tourism and gaming company of Davao-based tycoon Dennis Uy, is in talks with other potential investors as it has yet to close a deal with AppleOne Properties Inc., a Cebu-based premier development company......»»
Uy resort units chart recovery
Subsidiaries of Davao businessmen Dennis Uy resort developer PH Resorts Group Holdings Inc. said it has restructured its indebtedness with China Banking Corp., or Chinabank. The debts were streamlined through the execution of agreements for the sale, leaseback, with option to buyback certain land and improvements of its subsidiaries. The restructuring covers the property of the subsidiaries in Lapu-Lapu City, Mactan, Cebu, with an area of approximately 12.5 hectares, plus improvements. The consideration for the investment and resulting percentage of ownership are still subject to final negotiations by the Parties, which are expected to be completed within 60 days, based on the MoU. P3.1-B bridge loan The restructuring also allows the subsidiaries to repay the P3.1-billion bridge loan facility extended by Chinabank in 2018, while, at the same time, grants them continued possession and use over the property to finish the construction and development of the Emerald Bay Project. In addition, the option to buy back of the restructuring allows the subsidiaries or its nominees to reacquire the properties. Lapulapu Leisure Inc. and Lapulapu Land Corp., the two units of Resorts Group Holdings also signed a memorandum of understanding with Cebu-based property developer AppleOne Properties Inc. The MoU establishes broad parameters whereby AppleOne can make an investment in the subsidiaries, with the intention of obtaining most of the equity interest in the subsidiaries, or an asset purchase of the land and improvements of the Emerald Bay Project. The post Uy resort units chart recovery appeared first on Daily Tribune......»»