General Electric’s (GE) finance arm considers the Philippines a “good place” to be at the moment, a company official said.

This belief is the reason General Electric (GE) Consumer Finance entered the banking scene by buying all 30 Keppel Bank branches in Metro Manila and Metro Cebu, said chief operations officer John Hickey.

“There is a significant growth in the gross domestic product (GDP) (in the Philippines) year on year. It’s (Cebu) a good place to be,” he said in a speech during the formal opening of three GE Money Bank branches in Cebu.

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the recently concluded intourpreneur 2006 was a bang! 175 booths some of them captured in the photos below.

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A Manila-based businessman expressed belief that Cebu is a model of entrepreneurship in the country.

“Cebuano companies are very good examples of Filipino entrepreneurship.

The companies here are continually doing business despite political challenges. Cebu, in general, is doing well because you do not allow yourself to become affected by political bickering,” said Robert Trota, Philippine Franchising Association (PFA) and Max’s Restaurant president.

“There have been talks among businessmen that Cebu is a good testing ground. If you make it here, you can make it anywhere,” he said in an interview outside the InTourPreneur 2006 Franchising Conference at the Waterfront Cebu City Hotel and Casino yesterday.

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THE Philippine economy is heading toward a bright future, but there is more room for improvement if the government and the private sector will strengthen their partnership, according to a business leader.

“This year started with much optimism, not only for Philippine business but for the general welfare of the entire country, as well,” said Philippine Chamber of Commerce and Industry president Donald Dee during the opening of the InTourPreneur 2006 last Wednesday.

He said last year ended on a high note, with a 400-percent increase in investments in stocks, treasury bills and bonds. The stock market also became one of the best performers in Asia, he added.

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The Cebu Chamber of Commerce and Industry presents InTourPreneur 2006 in celebration of Cebu Business Month. It was a three day exhibit of booths from different sectors of society, like IT companies, health & wellness, city government and others at the Waterfront Hotel, Lahug, Cebu

Ng Khai Development Corp. booth, as one of the exibitors

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Ng Khai Development Corp. joins PLDT Team Building Challege as part of CBM activity at SM City, Cebu.
This event was also participated by different companies like New Datche, CIE, Sunstar and others.

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For his unwavering commitment to Cebu City’s advancement Hon. Mayor Tomas R. Osmeña bagged the year 2002’s Most Outstanding Mayor Award for Local Government Leadership after topping 155 other mayors.

Osmeña was chosen by a consortium of government agencies and educational institutions, among these are: the University of the Philippines, De La Salle University, National College of Public Administration and Governance, Center for Local and Regional Governance, Local Government Academy, and the Center for Leadership, Citizenship and Democracy.

Osmeña personally received the award last October 17, 2002 at the Philippine Senate in Manila. The prestigious award then again adds to the Mayor’s long list of national and international accomplishment citations and recognitions. More…

It surely wasn’t an ordinary celebration of the country’s Independence Day yesterday at Mandaue City.

After all, two mountaineers who have become household names in the country were with them during the program commemorating the 108th Independence Day.

Heradio “Leo” Oracion and Erwin “Pastor” Emata, the first two Filipinos to reach the summit of Mt. Everest, the highest mountain in the world, were with other members of the First Philippine Mt. Everest Expedition Team at the Mandaue City Hall grounds.

Oracion, a native of Lucban, Quezon but a resident of Barangay Cubacub, was given a P25,000 cash incentive and a resolution of the City Council congratulating him on his feat.

Correcting the negative connotation of spa and massage services remains to be a major challenge of the spa and wellness industry in Cebu.

This is why the newly-organized Spa and Wellness Association of Cebu (Swac) is doing its best to change the “image,” that massage and spa establishments provide “extra” services that are sexual in nature.

Apart from this, Swac also intends to address other problems, such as pirating of therapists.

“We are doing our best to help professionalize the spa and wellness industry” Swac president Johnie Lim said.

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Josiah Go,
Chairman and Chief Marketing Strategist
Mansmith and Fielders, Inc.

Josiah Go is one of the most sought after marketing trainers in the country. His contributions in the academe and in the industry as author and professor, and as an entrepreneur, marketing consultant and trainer, have been duly recognized through prestigious awards such as the Agora, Ten Outstanding Young Men (TOYM) of the Philippines and Ten Outstanding Young Persons (TOYP) of the world, the first and only Filipino to have been bestowed this recognition for his advocacy-based projects in business education. More…

Ng Khai & Esprint employees enjoyed the Company Summer Outing 2006 yesterday, June 4 @ Nalusuan Island, just off Mactan Island, Cebu(Wharf near Ocean Pearl & Blue Reef). It was a day full of fun & games.

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As players in the information technology (IT) manufacturing and supply sector see a big potential for IT in Cebu, they urge all stakeholders—private and government—in the country to work together in raising the quality of education and to focus on real assets of Filipinos.

Officials of the Computer Manufacturers, Distributors and Dealers Association of the Philippines (Comddap) pointed out yesterday that Cebu is one of the biggest IT markets outside Manila, both in the areas of education and business process outsourcing.

Some officials of the organization were in Cebu to promote the eighth ICT (information and communication technology) expo, known as Comdapp Cebu 2006, to be held on June 22 to 24 at SM City Cebu.

“Cebu is one of the fastest growing (ICT) areas with a good manufacturing base, education that is at par with Manila and (the ability of Cebuanos) to speak good English,” said Comdapp immediate past president Wesley Ngo in a press conference at the Waterfront Cebu City Hotel and Casino

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