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IN PHOTOS: Balik Cebu 2024

Summary: The Balik Cebu 2024 event, hosted at the Terraces, Ayala Center Cebu, has been a prominent part of the Sinulog festival for 22 years. In collaboration with the Cebu City Government, Mactan International Airport Association, and other tourism stakeholders, it aims to welcome back balikbayans (returning Filipinos) for the grand Sinulog festival. The Balik Cebu Dinner Show offers balikbayans the complete Sinulog experience, featuring Filipino cuisine, performances by Cebuano artists, the Sinulog Mardi Gras, the presentation of Miss Cebu winners and her court, Tribu Basakanaon, and a band performance. Tickets priced at P500 can be purchased at the Balik Cebu Turista Desk by presenting a passport or proof of residence outside the Philippines. Balikbayans can also buy up to three additional tickets for non-balikbayans accompanying them. The event will take place at Ayala Center Cebu on January 18 at 6 PM. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

VP Sara mum on political issues

AMID the current political issues Vice President Sara Duterte is facing due to her stand on national issues, she has not discussed it with her father, former President Rodrigo Duterte nor with her UniTeam running mate, President Ferdinand “Bongbong” Marcos Jr......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Marcos’ ‘ambitious’ UN plans hinged on fixing PH human rights issues — UN expert

Khan said the Marcos government’s plans to head the UN Commission on the Status of Women and to become a member of the powerful UN Security Council may pressure it to address its "grave and deep-seated human rights problems.".....»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

Rama plans to redesign CBRT bus station at Capitol for heritage preservation

CEBU CITY, Philippines – The Cebu Bus Rapid Transit (CBRT) project is facing delays, and the mayor’s new plans might make it take even longer. Mayor Michael Rama wants to remove the planned bus station near the Capitol building because it doesn’t fit with the area’s heritage. He plans to replace it with a new.....»»

Category: newsSource:  inquirerRelated NewsApr 20th, 2024

Quick look at the week ahead

Domestically, Cebu Landmasters will wrap up its follow-on offering sale of preferred shares tomorrow (the listing is next week), and on Friday, we’ll get the inflation data for March from the Philippine Statistics Authority (which will set the table for the BSP’s decision on interest rates on Monday of next week). I.....»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

CLI allots higher capex, partners with Japan firm

Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

A quick look at the week ahead

This week is scheduled to be a quiet one on the PSE, with only the event of note being the Cebu Landmasters FOO offer kickoff on Tuesday......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

SEC clears CLI’s preferred shares offer

The Securities and Exchange Commission (SEC) has cleared the planned public offering of up to P5 billion worth of preferred shares by Cebu Landmasters Inc. (CLI)......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Cebu Landmasters shareholders approve FOO plan

CLI’s application to conduct the FOO is still pending with the SEC......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

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

Plaza Independencia: Rama plans to rubberize park, make more family-friendly

CEBU CITY, Philippines — Cebu City Mayor Michael Rama plans to make Plaza Independencia more family friendly as he envisions more changes to make this dream a reality. These included having the inside of the Plaza Independencia being rubberized, having more plants inside to make it also more environment-friendly and to have facilities for families.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Yogi Ruiz plans to form own political party

CEBU CITY, Philippines- Former Customs Commissioner Yogi Ruiz plans to create a new local political party in Cebu, aiming to join the mayoral race in the 2025 midterm election. Ruiz stated that the political party, dubbed “Partido Cebuano,” would be established once all documentary requirements are fulfilled and submitted to the Commission on Elections (COMELEC)......»»

Category: newsSource:  inquirerRelated NewsFeb 27th, 2024

EY GDS Announces Plans to Hire Talent for Expanding Cybersecurity Operations in Cebu

EY Global Delivery Services (EY GDS) has announced that it will be hiring more talent for expnding its cybersecurity operations in Cebu. This announcement follows the successful launch of its advanced, multi-million facility in Manila in September 2019. EY GDS talent expansion plans are in response to the growing need for augmenting its pool of […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

Paradero snaps losing skid with 4th round K.O win in Masbate

CEBU CITY, Philippines — Former world title challenger Robert “Super Inggo” Paradero finally tasted victory after four years of not winning a single fight after he knocked out Charlie Malupangue in the main event of “Bakbakan sa Masbate” boxing series’s maiden fight card on Saturday, April 20, at the Cataingan Sports Center in Cataingan, Masbate......»»

Category: newsSource:  inquirerRelated NewsApr 21st, 2024

RLC-Hongkong Land JV eyes next Philippines project

Gokongwei-led real estate giant Robinsons Land Corp. and international property development group Hongkong Land are scouting for their next big project in the Philippines following the success of their maiden venture......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Beard scores but Filipinas fall to South Korea 2-1

Angie Beard’s maiden goal as a Filipina was the bright spot for the Philippine women’s national football team, which suffered a narrow 1-2 loss to South Korea in their international friendly at Icheon Sports Complex on Monday night......»»

Category: sportsSource:  philstarRelated NewsApr 9th, 2024

Worshipful Master wins pulling away

James Anthony Rabano’s Worshipful Master proved why he was the overwhelming favorite by ruling the 2024 Philracom 3YO Maiden Stakes in convincing fashion at the Metroturf last Sunday......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024

Singson on brink

Mafy Singson moved a step closer to clinching her maiden professional victory at home, unleashing a stunning finish to salvage a 72 and wrest a two-stroke lead over Sarah Ababa after two rounds of the Ladies Philippine Golf Tour Apo Golf Classic here yesterday......»»

Category: sportsSource:  philstarRelated NewsMar 13th, 2024

‘Unselfish’ Meralco nails maiden win in Philippine Cup

Meralco banks on a balanced attack of six players scoring in double figures as it overcomes Rain or Shine in overtime.....»»

Category: newsSource:  rapplerRelated NewsMar 2nd, 2024