THE Cebu City Government may be spending
close to P3 billion from its coffers if it appropriates another extra
budget before the end of the year.

So far, the City has passed five supplemental budgets already, despite relying on its “barebones” annual budget. More …

CEBU is the next best potential site in the county for offshore offices of information technology (IT) and business process organizations (BPOs), an international research agency said.

This is so, as the increasing costs of operation and competitive pressures on the labor supply in Metro Manila continue to diminish the city’s attractiveness, according to the Offshore Insights Market Report series conducted last year by neoIT, an international research center. More …

TARGETING residents and travelers in the northern part of the province, an international fastfood chain opened its ninth branch in Cebu.

The McDonald’s branch, which is located in Basak, Mandaue City, had its soft opening last Oct. 28. It will have a simultaneous grand opening with the Caltex gasoline station next month. More …

According to a research done by Condè Nast, the numero uno Travel Magazine in the world recently came up with their results for the Top Ten Island Destinations for the Asian/Indian Ocean Region.

1.Maldives 91.5
2.Bali 85.9
3.Phuket 81.8
4.Langkawi, Malaysia 80.1
5.Koh Samui, Thailand 78.1
6.Seychelles 77.8
7.Zanzibar 71.6
8.Cebu, Philippines 71.0
9.Borneo 63.2
10.Mauritius 62.7

Our very own Cebu placed 8 over the hundred of other islands out there that could have scored better than the 10. That is why Cebuanos want the 1th ASEAN Leaders Summit not only to be a stunning success, but an unforgettable one.

World leaders from 16 countries will converge in Cebu City in December for the 12th Association of Southeast Asian Nations (Asean) Leaders’ Summit, the highest decision-making body of the regional economic grouping.

Assistant Secretary Louie Cruz, director general of the Asean Affairs Desk of the Department of Foreign Affairs (DFA), said 10 of the 16 leaders are the heads of state from the member countries of the Asean. The six others are from China, Japan, South Korea, New Zealand, Australia and India, Asean’s dialogue partners. More…

Bobby Dekeyser doesn’t just think out of the box; he throws the box out entirely. Nepotism isn’t a bad word around his multi-million, multi-nation business; it is at the core of his business philosophy. He speaks of the “soul” of his furniture, and decided to start his company while lying in a hospital bed with half his face bashed in, at the end of a bright career with a top European football team–and all of 26 years old. The most creative scriptwriter couldn’t have come up with a better story, and the sharpest business guru couldn’t have come up with a more intriguing business model. More…

Just recently the 2006 results of mechanical engineering licensure examination was released and a fellow Cebuano, BRYAN DELIMA YROGIROG, of Cebu State College of Science and Technology from Cebu City placed third with a score of 91.85.

In preparation of the 12th ASEAN Summit this coming December the group of volunteers in the Cebu Blog as come up with a compilation of some of Cebu’s attractive tourist destination for them to visit and take a sneak peak of for the delegates.

Magellan’s Crosss, the site where Cebu was first discovered.
Basilica Minore del Santo Niño , the oldest church in the country.
Lapulapu Shrine in Mactan, the shrine of the earliest known chieftain of Mactan Island in the Philippines.
Fort San Pedro, a military based structure in Cebu City build on the WW2.
Marcel Fernan Bridge, is an extradosed cable-stayed bridge located in Cebu opened in 1999.

A spirit-filled Christmas atmosphere will liven up Cebu as Christmas lanterns or “parols” colorfully brighten up the streets especially in the ceremonial routes of the Asean summit venues.

In Cebu City, commercial establishments and residents located in major thoroughfares are asked to beautify their immediate surroundings and install Christmas decors and lights to show our foreign visitors the typical Christmas tradition being celebrated in the country. More…

Cebu Property Ventures and Development Corp., owner of Asiatown IT
Park (AITP) in Lahug, Cebu expects to increase the park’s 5,700 working
population with the recent opening of the Engineering Sciences Building
of the Primary Industrial Properties Corp. (PIPC) and Skyrise Building
of the Skyrise Realty and Development Corp., the company said in a
statement.

PIPC is currently completing its second building with 17,611 square meters of leasable office space.

For contact center employees, the park posted an increase of more than 50 percent this year.  More …

The relationship between the Association of Southeast Asian Nations (ASEAN) and China was one of the most dynamic and progressive in the world since the two sides established a dialogue partnership 15 years ago, Philippine President Gloria Macapagal Arroyo told Xinhua.

In an interview at the Malacanang Presidential Palace with Xinhua and other Chinese media, Arroyo said she was excited and greatly honored to be visiting China later this month to participate in the celebration of the establishment of the dialogue partnership between ASEAN and China in China’s southwestern city of Nanning. More…

FOR the second consecutive year, the Cebu
Chamber of Commerce and Industry (CCCI) was again chosen as the Most
Outstanding Chamber in the Philippines by the Philippine Chamber of
Commerce and Industry (PCCI).

CCCI won the same award last year and in the years 1995 to 1997, which placed the organization on the Hall of Fame.  More …