Archive for March 15th, 2007

Summertime is Coming in Bantayan

Thursday, March 15th, 2007

Summer must have started here in the Philippines. Welcome sunshine!

Summer time is here and for sure beaches and vacations always come to mind during these times. Bantayan is an option for those who find Boracay too expensive or too far. Though, I personally haven’t been to Bantayan yet, I have been to Boracay though for a couple of times. But this place sure is in my wish list of places to visit.

As what I have heard Bantayan is almost like Boracay less the commercialized atmosphere. Same powdery, white sand beaches, crystal clear waters which is ideal for snorkelling or diving. There are also caves and dive spots to visit, just hire a boat to get you to the destinations you wish to visit.

By land, one can take the two-hour bus ride from the northern bus terminal in Cebu City up to San Remigo or drive your own vehicle. From there, inter-island ferries to Santa Fe in Bantayan Island and to Malapascua are available. For those who have their own vehicles the ferry charge is somewhere around P1,000++. There is also a night ferry from Cebu City to Sta. Fe; travel time is about nine hours.

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Singapore Co., to invest $400 million in Cebu Shipbuilding

Thursday, March 15th, 2007

Singapore Cos to Pump US$400 MLN Into Shipbuilding Sector

Cebu’s shipbuilding industry has attracted two Singaporean firms which are planning to invest about US$400 million or roughly P19 billion in the fast-growing industry, a Maritime Industry Authority (Marina) official said.

Marina Administrator Vicente Suazo said he will facilitate the meetings between the Singaporean investors and the National Maritime Leasing Corp. (NMLC) and the Philippine Import-Export Credit Agency (Philexim).