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Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages
Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»
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.....»»
Top Japanese contractor Taisei Corp. invests in PetroGreen Unit
Founded in 1873, Taisei Corp. is among Japan’s top 5 general contractors building ports and harbors, bridges and tunnels, power stations, industrial complexes and commercial buildings in over 65 countries. In fiscal year 2022, Taisei Group recorded total net sales of $12.3 billion. .....»»
Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town
CEBU CITY, Dec. 17 (PNA) — Cebu-based developer Primary Homes Inc. (PHI) is investing PHP430 million to build 709 townhouse units in its 5.4-hectare property in Poblacion, Compostela town in northern Cebu.........»»
Jollibee invests more in Titan Dining
Filipino-owned Asian food conglomerate Jollibee Foods Corp. has expanded its investments Titan Dining Partners Ltd., which manages Titan Dining LP, the private equity fund which owns the Tim Ho Wan brand and company-owned Tim Ho Wan stores......»»
Sy family invests P5 billion in Megawide affiliate
The Sy family is once again playing a big brother role to a company led by businessman Edgar Saavedra, this time investing in Megawide’s affiliate renewable energy real estate investment trust......»»
Creador invests P4 billion into Asialink
Creador, a prominent Southeast Asian private equity firm, has invested P4 billion in Asialink Finance Corp., a leading lender to small and medium enterprises......»»
Prime invests in future sustainability leaders with scholarship program
SM Prime Holdings Inc. (SM Prime) has launched a scholarship program in partnership with the University of the Philippines Los Baños (UPLB). Aptly called the “SM Sustainability Scholarship,” the initiative reflects SM Prime's commitment to both educational access and sustainability stewardship......»»
Addressing energy challenges in Cebu’s growing economy
A bustling hub in the Visayas, Cebu symbolizes the Philippines’ economic vitality. However, the province is confronting a significant challenge—an impending energy shortage that threatens its stability......»»
DALI gears up for expansion
The newest challenger in the local retail market, DALI Everyday Grocery, is giving retail giants a run for their money as it gears up for further expansion in a bid to reach more Filipino consumers whose pockets are hurting from high commodity prices......»»
Marcos Jr. wants holistic plan to solve Metro Manila traffic woes
With traffic gridlocks costing the economy billions of pesos, President Marcos has called for a “comprehensive” solution to the country’s traffic woes and has directed agencies to come up with work adjustment plans, National Economic and Development Authority Secretary Arsenio Balisacan said yesterday......»»
Cebu Daily Newscast: No classes in Cebu province due to extreme heat
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, April 5. No classes in Cebu province due to extreme heat All classes in Cebu province are suspended beginning Friday, April 5, until further notice as the summer heat became risky for.....»»
Cebu Daily Newscast: 6 Cebu graduates top medical technologists licensure exam 2024
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, March 27, 2024. 6 Cebu graduates top medical technologists licensure exam 2024 Six graduates from Cebu universities recently made it to the top 10 list of the Medical Technologists Licensure Examination for March.....»»
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.....»»
Omega Sports Promotions aims to revive Cebu’s glory days in boxing
CEBU CITY, Philippines— Cebu’s very own Omega Boxing Gym eyes to bring back Cebu’s former glory in boxing. Once hailed as the ‘Boxing Mecca of the Philippines,’ Cebu was a prime venue for world title bouts and top-notch fight cards. However, the Covid-19 pandemic happened. Today, Cebu’s once vibrant boxing scene is slowly getting back.....»»
DBP lends P116 million for swine farm expansion
State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»
Bautista leads groundbreaking for Laguindingan Airport expansion
Transportation Secretary Jaime Bautista led the groundbreaking for the expansion of the Laguindingan Airport in this province on Sunday......»»
Rockwell Land to borrow P5 billion for 2024 expansion
Rockwell Land Corp. is gearing up for expansion as it beefs up its war chest......»»
Romualdez announces expansion project for Iloilo Esplanade, grandstand
Romualdez announces expansion project for Iloilo Esplanade, grandstand.....»»