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Megaworld to invest P28 billion for Bacolod central business district development

MANILA, Philippines — Megaworld, the Andrew Tan-led property developer, is pouring in P28 billion to develop a 34-hectare central business district in Bacolod. The 34-hectare The Upper East in the eastern district of the city is located a few blocks away from the Bacolod City Government Center. It will have residential condominiums, malls and commercial centers, mixed-use buildi...

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Philippines BPO industry struggles to attract high skilled workers

MANILA, Philippines — Rosemarie “Bubu” Andres, co-founder of local confectionary company Candy Corner, plans to bring the “bayanihan spirit” to The Entrepreneurs’ Organization (EO), a global business network of over 13,000 leading entrepreneurs in 53 countries. “The spirit of EO is about helping each other, and not necessarily on matters invol...

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Exec: 70% of Amani 1st tower condos bought as investments

MORE people are seeing the viability of buying condominium units as investments especially with Cebu’s tourism boom. This trend is seen in the sales of condominium units of a homegrown developer, Grand Land Inc., from its newly completed first tower of its five tower low-rise condominium development called the Amani Grand Resort Residences. “Over 70 percent (of t...

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Everest exec says Scrapping investors’ perks not a wise idea

CEBU, Philippines — The Philippines needs to maintain an investor-friendly environment if it wants to retain existing investors and attract new ones, said an executive of American consulting and research firm Everest Group.   Everest Group top executive H. Karthik made this statement amid the controversial Tax Reform Acceleration and Inclusion (Train-2), which aim...

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Real estate boom continues

Experts: Cebu’s vibrant office market to fuel property sector’s growth in next three years As if the number of skyscrapers dotting Metro Cebu’s skyline is not enough, real estate industry experts continue to see a surge in Cebu’s burgeoning property sector. Particularly, the Cebu office market is expected to see unprecedented supply g...

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Bizmen urged: Take advantage of Chinese tourist market

CEBU businesses were encouraged to take advantage of the growing Chinese market in the province. With more Chinese tourists coming in as well as investors doing business in Cebu, business should be able to serve these customers. Something as easy as putting Chinese translations of menus or signages is already a step, according to Dr. Brian To, a global strategist and a senio...

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