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CLI approves issuance of P5 billion preferred shares

Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Charter Day bonus for gov’t employees may be more than P25k

CEBU CITY, Philippines – Casual and regular employees of the Cebu City government may receive a Charter Day bonus exceeding P25,000. This was revealed by Cebu City Councilor Noel Wenceslao, who chairs the committee on budget and finance. In an interview over a Teleradyo program earlier this week, Wenceslao mentioned the possibility of city hall.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Cebu Landmasters board approves P5-B preferred shares offering

Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Phase 1 of Cebu BRT project due for turnover in May or June

CEBU CITY, Philippines – Phase one of the Cebu Bus Rapid Transit (CBRT) project is set to be completed around May or June this year, a local legislator confirmed. Councilor Jerry Guardo, chairman of the committee on infrastructure of the Cebu City Council, said that although the project was initially scheduled for turn over in.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Over P1 Billion Spent for Redevelopment of Tops in Upland Cebu CIty

Over P1 billion were invested at “Tops,” an iconic destination in Cebu City that will reopen on February 14 after more than a year of re-development projects. “That is something that we wanted to do because we believed in the economy of Cebu. We believe in the development of Cebu and the Cebuanos. And we […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

Cong. Pulong Duterte got P51-B budget in three years

It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»

Category: newsSource:  davaotodayRelated NewsJan 26th, 2024

Cebu Daily Newscast: ‘Water crisis’ in Cebu City, declares Mayor Rama

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, April 2, 2024. ‘Water crisis’ in Cebu City, declares Mayor Rama Mayor Michael Rama has declared a state of water crisis in Cebu City following the rise in the daily heat index, which.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Tommy Osmeña on call for stoppage of Cebu BRT civil works: ‘We have leaders acting like spoiled brats’

CEBU CITY, Philippines — Former Cebu City Mayor Tomas Osmeña lambasted several Cebu government officials following the call to halt the Cebu Bus Rapid Transit (CBRT) civil works. Osmeña called out officials, particularly City Councilor James Cuenco, the Provincial Board, and Cebu Provincial Governor Gwen Garcia. “It’s very important not to insult the funders of.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2024

Cebu Daily Newscast: Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, February 29. Tommy Osmeña to run for Cebu City Vice Mayor in 2025 elections Former Cebu City Mayor Tomas Osmeña announced his plans to run for Vice Mayor in the 2025 midterm elections.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

Cebu Daily Newscast: 2 King Cobras killed in Cebu City

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, February 20, 2024. 2 King Cobras killed in Cebu City Two King Cobras were recently spotted and killed in a Cebu City barangay heightening fears about the highly venomous reptiles’ presence in the.....»»

Category: newsSource:  inquirerRelated NewsFeb 20th, 2024

Kris Tiffany Janson is Miss Universe Philippines Cebu 2024

CEBU CITY, Philippines — Cebu City North’s bet, Kris Tiffany Janson, was crowned Miss Universe Philippines Cebu 2024, earning the honor of representing Cebu on the national stage. The coronation took place Saturday night, February 3, at Waterfront Cebu City Hotel and Casino. Aside from bringing home the crown, Janson also won various special awards,.....»»

Category: newsSource:  inquirerRelated NewsFeb 4th, 2024

Cebu Pacific FY23 profit: P7.9-B (up 156%)

Cebu Pacific, the Gokongwei Family’s budget airline, reported an FY23 net income of P7.9 billion, up 156% from its FY22 net loss of P14.0 billion......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Cebu City shooting: Cops pursue lead in bar fight killing

CEBU CITY, Philippines — Police in Cebu City are now pursuing a lead to identify the suspect behind the shooting of a man outside a bar along Pelaez Street in Barangay Kalubihan, Cebu City on early Wednesday morning, March 6, 2024. The victim was identified as Joseph Esconde Ybañez, a 32-year-old native of Dalaguete, Cebu......»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Cebu Daily Newscast: Yogi Filemon Ruiz looks to make Cebu City the ‘best city’

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, March 1. Mayoral candidate Yogi Filemon Ruiz aims to make Cebu City the ‘best city’ Former Philippine Drug Enforcement Agency-Central Visayas (PDEA-7) regional director Yogi Filemon Ruiz, the first to announce his interest.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

What an aweSM Sinulog Experience at SM Cebu Malls

Sinulog Festival, one of the grandest and most colorful festivals in the country was also the most aweSM celebration at the SM malls in Cebu City. SM Seaside City Cebu and SM City Cebu held a bigger, bolder, and brighter Sinulog festivities in partnership with the Cebu City government. Festive Sinulog decorations and centerpieces transformed ….....»»

Category: sportsSource:  abscbnRelated NewsJan 25th, 2024

Cebu City hotels fully booked as Sinulog season kicks in

Photo shows the skyline of uptown Cebu City where several business hotels are located. | CDN FILE PHOTO CEBU CITY, Philippines — As the Sinulog season kicks in, hotels in Cebu City are almost fully booked, reaching 90 to 100 percent occupancy. Hotel, Resort, and Restaurant Association of Cebu Inc. (HRRACI) president Alfred Reyes confirmed this.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

DA wants P35 billion budget for rice program next year

The Department of Agriculture is seeking a 15 percent increase in the budget of its national rice program next year to further boost local rice production and ensure country’s food st.....»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

DMW’s new 10-point agenda to run on lesser 2024 budget

New Department of Migrant Workers Secretary Hans Leo Cacdac will prioritize overseas Filipino workers' protection and financial leverage despite his agency receiving a lower budget this year by some P2.935 billion......»»

Category: newsSource:  philstarRelated NewsMay 2nd, 2024

‘Imee budget realigning led to millions not receiving 4Ps’

Nearly 4.3 million poor Filipinos were deprived of cash aid under the government’s Pantawid Pamilyang Pilipino Program in 2023 after Sen. Imee Marcos realigned the 4Ps funding of P13 billion in the national budget to another social amelioration program, a member of the House of Representatives said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Cebu Chess Hub to revive standard games in local scene with cash-rich tourney

CEBU CITY, Philippines — The Cebu Chess Hub will organize a cash-rich woodpushing tournament on February 23-25, at the Gmall of Cebu. The tournament aptly dubbed the “Cebu Chess Hub: Open Chess Tournament” will have a total of P88,000 prize money for the winning woodpushers.  READ: UC Webmasters bag 3 gold medals in Cebu City.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024