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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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Be ready for ‘Cordova-boom’

Developers urged to position projects for take off of Cordova’s economy spurred by 3rd bridge project Prospects are high for the third-class municipality of Cordova as construction of the third bridge connecting mainland Cebu to Mactan Island starts. Land value is expected to increase as more investors are seen to consider the town as an investment des...

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Central Visayas GDP is 69 percent from Cebu

There were errors in my article last week. This is the corrected version of the article which I overhauled as a whole in view of its importance in helping us gauge the real size of the economy of Cebu in relation to the region or that of the nation. In the Philippines, official government data on Gross Domestic Product or GDP is available only at the national and regional level. In th...

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