CeBu CeBoom CeBlog

Demand for residential properties and other real property developments in Cebu have been picking up since the Asia-wide financial meltdown almost a decade ago giving way to the new wave of construction boom over the metro.

Gothong Properties, the real estate division of the Carlos A. Gothong Holdings Inc.has recently launched its first real estate project dubbed One Edison Place. It has 14 residential units available with lot area ranging from 104 to 139 sqm. and floor area from 172 to 279 sqm.

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The Megadome or more appropriately, the Cebu International Convention Center, will put Cebu in the international convention map when finished. Slated to open late this year in time for the 12th ASEAN Summit in December 2006, CICC will strengthen the attractiveness of Cebu as a place for large conventions and other events of international significance.

Cebu is scheduled to host the 12th ASEAN Summit in December late this year and the East Asia Forum, a gathering of 11 ASEAN-member countries plus China, Japan, Russia, Australia, India, New Zealand and South Korea. When Cebu was selected to host the 17-nation event this year, the provincial government quickly revived the idea of building the once-botched Megadome project. The CICC will be a part of the Megadome, originally conceived as a facility for big sports events.

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Singer is synonymous with high-quality sewing machine for century and a half. The sewing machine was developed in 1851 by Isaac Singer, an inventor and entrepreneur who conceptualized the world’s first practical sewing machine - in 11 days!

Barely ten years into the business, Singer established its presence in major trading centers around the world capturing a virtual monopoly in the sewing machine business. Through the years, Singer has evolved and ventured into other business opportunities beyond sewing machine.

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Lexmark International, Inc. is a global developer, manufacturer and supplier of printing solutions and products, including laser, inkjet, and dot matrix printers and associated supplies for the office and home markets.

In March 1999, Lexmark heralded its arrival in Asia Pacific with the groundbreaking of its 380,000 square-foot state-of-the-art manufacturing facility in the heart of Mactan Economic Zone II in Lapu-Lapu City, thus establishing its first manufacturing plant in the Philippines. And Lexmark International Philippines, Inc. (LIPI) was born.

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